CUELLAR, J. VELA
CUELLAR, J. VELA is a Texas gas lease in Zapata County, Railroad Commission district 04, operated by Chesapeake Operating, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 2007 to August 2026, totalling 768,137 thousand cubic feet. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $10K, with roughly $5K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 339 thousand cubic feet a month. Its strongest month on the record we hold was November 2019, at 3,158 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 22% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about CUELLAR, J. VELA
- Who operates CUELLAR, J. VELA?
- CUELLAR, J. VELA is operated by Chesapeake Operating, Inc., Railroad Commission of Texas operator number 147715.
- Where is CUELLAR, J. VELA?
- CUELLAR, J. VELA is a Texas gas lease in Zapata County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 225658.
- Is CUELLAR, J. VELA still producing?
- CUELLAR, J. VELA is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CUELLAR, J. VELA is August 2026.
- How much has CUELLAR, J. VELA produced?
- CUELLAR, J. VELA has reported 768,137 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 2007 and August 2026, from 1 wellbore.
- How much is CUELLAR, J. VELA worth?
- The remaining production from CUELLAR, J. VELA is estimated to be worth about $10K in total as of 27 August 2026, within a range of $8K to $12K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CUELLAR, J. VELA is a fraction of it. The estimate fits an Arps decline curve to the production CUELLAR, J. VELA has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CUELLAR, J. VELA is an estimate of value, not an offer and not an appraisal.
- How much income does CUELLAR, J. VELA generate in a year?
- CUELLAR, J. VELA is forecast to net about $5K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in CUELLAR, J. VELA receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Chesapeake Operating, Inc. |
|---|---|
| Field | Exsun (Lobo Cons.) |
| County | Zapata County, Texas |
| RRC district | 04 |
| Lease number | 225658 |
| Wellbores | 1 |
| Reported production | 768,137 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $10K |
Where CUELLAR, J. VELA sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.