VELA, ADRIAN
VELA, ADRIAN is a Texas gas lease in Zapata County, Railroad Commission district 04, operated by Enron Oil & Gas Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 847,757 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 $98K, with roughly $15K 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 722 thousand cubic feet a month. Its strongest month on the record we hold was March 2017, at 2,196 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 VELA, ADRIAN
- Who operates VELA, ADRIAN?
- VELA, ADRIAN is operated by Enron Oil & Gas Company, Railroad Commission of Texas operator number 253196.
- Where is VELA, ADRIAN?
- VELA, ADRIAN is a Texas gas lease in Zapata County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 139541.
- Is VELA, ADRIAN still producing?
- VELA, ADRIAN is currently producing. The most recent month of production reported to the Railroad Commission of Texas for VELA, ADRIAN is August 2026.
- How much has VELA, ADRIAN produced?
- VELA, ADRIAN has reported 847,757 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is VELA, ADRIAN worth?
- The remaining production from VELA, ADRIAN is estimated to be worth about $98K in total as of 27 August 2026, within a range of $76K to $119K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in VELA, ADRIAN is a fraction of it. The estimate fits an Arps decline curve to the production VELA, ADRIAN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for VELA, ADRIAN is an estimate of value, not an offer and not an appraisal.
- How much income does VELA, ADRIAN generate in a year?
- VELA, ADRIAN is forecast to net about $15K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in VELA, ADRIAN receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Enron Oil & Gas Company |
|---|---|
| Field | Roleta (Wilcox, Lower) |
| County | Zapata County, Texas |
| RRC district | 04 |
| Lease number | 139541 |
| Wellbores | 1 |
| Reported production | 847,757 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $98K |
Where VELA, ADRIAN 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.