HAPGOOD RANCH

Operated by CANAN OPERATING, INC. (P-5 128979) in the NEWARK, EAST (BARNETT SHALE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 281897District 09Field 65280200CondensateGasSave
Value, all time
$4.6 M
Feb 2017 – May 2026
Value, last 12 filed months
$328 k
at the published price for each month
Months reported
112
no gaps in the span
Streams
2
condensate, gas

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
CondensateDisposition6,728 bbl$412,386
GasProduction1,246,762 Mcf$4,142,046
Total$4,554,432

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 33.7094, -98.0477. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.70935, -98.04773 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
6,571 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 6,571 ft.

Completions filed
Aug 2013
1 of 1 wells

1 well

42-077351471H6,571 ftAug 2013

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (112)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

112 months

May 202600106.413.05$0
Apr 202603,77798.932.87$10,839
Mar 202606,61189.753.15$20,821
Feb 202606,88163.503.75$25,806
Jan 20261286,75059.138.00$61,555
Dec 20251715,97156.664.41$36,041
Nov 2025010,65758.593.93$41,844
Oct 202508,75559.383.30$28,934
Sep 202508,43862.743.08$25,963
Aug 20251807,18763.933.01$33,174
Jul 202507,54566.743.32$25,013
Jun 202505,78566.483.13$18,100
May 202507,82260.553.23$25,283
Apr 20251757,56662.363.54$37,720
Mar 202508,55267.704.27$36,503
Feb 202505,73470.884.34$24,890
Jan 202508,61474.324.28$36,857
Dec 20241908,50768.993.12$39,662
Nov 2024010,97669.052.20$24,130
Oct 202409,32571.372.28$21,274
Sep 202409,21969.612.36$21,797
Aug 20241748,03275.632.06$29,735
Jul 202407,41479.932.15$15,915
Jun 202406,64478.082.63$17,500
May 202407,84678.812.20$17,249
Apr 20241758,20884.451.66$28,397
Mar 202409,32280.301.55$14,404
Feb 202408,49776.091.78$15,156
Jan 20241777,41373.023.30$37,370
Dec 202309,49571.262.61$24,789
Nov 202308,75077.892.81$24,566
Oct 202309,12185.443.09$28,159
Sep 202308,31289.042.74$22,734
Aug 202316610,32080.522.67$40,950
Jul 2023010,52174.852.64$27,794
Jun 202308,04068.962.26$18,158
May 202307,55670.622.23$16,830
Apr 20231628,15378.122.24$30,900
Mar 202309,27672.852.39$22,199
Feb 202308,44975.112.47$20,833
Jan 202309,35276.533.39$31,682
Dec 20221778,01476.415.73$59,437
Nov 202209,47385.005.65$53,486
Oct 202209,71287.185.86$56,949
Sep 202209,84184.888.16$80,339
Aug 202216710,02694.529.13$107,294
Jul 2022010,653101.587.54$80,346
Jun 202207,682115.097.98$61,281
May 202217910,136109.378.43$105,055
Apr 2022010,153104.226.84$69,422
Mar 2022011,370108.885.08$57,719
Feb 202208,67791.054.86$42,160
Jan 202217910,81681.844.54$63,729
Dec 2021011,15071.323.90$43,475
Nov 2021011,01177.435.24$57,663
Oct 202117111,28779.795.71$78,137
Sep 2021010,48469.865.35$56,099
Aug 2021011,58166.024.22$48,879
Jul 202117411,70770.783.98$58,934
Jun 2021011,55269.493.38$39,053
May 2021010,94463.483.02$33,025
Apr 2021011,06760.362.76$30,527
Mar 202116912,98461.302.72$45,636
Feb 202106,48957.805.55$36,001
Jan 202117712,17950.412.81$43,149
Dec 2020012,31544.642.68$32,948
Nov 2020011,51938.772.71$31,177
Oct 2020012,52636.972.48$31,045
Sep 202017711,67037.091.99$29,800
Aug 2020013,62439.982.39$32,495
Jul 202034817,00738.371.83$44,393
Jun 2020014,21034.901.69$24,019
May 2020013,73316.921.81$24,922
Apr 2020013,38214.751.80$24,146
Mar 202017813,78230.341.86$30,983
Feb 2020013,39049.881.98$26,521
Jan 2020013,95557.252.09$29,232
Dec 201917413,93359.012.30$42,374
Nov 2019014,30855.302.75$39,357
Oct 201917916,74353.472.42$50,065
Sep 201917315,87455.052.66$51,705
Aug 2019021,12953.112.30$48,689
Jul 201917616,01256.272.46$49,294
Jun 2019014,33352.782.49$35,706
May 2019016,97658.482.74$46,520
Apr 201918017,97062.632.75$60,703
Mar 2019017,22456.803.06$52,742
Feb 201916015,67150.852.79$51,893
Jan 201917717,03346.033.23$63,133
Dec 2018017,38646.594.19$72,768
Nov 2018016,91352.934.24$71,664
Oct 201817416,67461.443.40$67,350
Sep 2018015,25059.543.11$47,397
Aug 201818014,82159.403.07$56,141
Jul 201816612,48465.142.93$47,415
Jun 201808,39860.183.08$25,840
May 201804,92565.382.90$14,286
Apr 201802,53663.842.90$7,356
Mar 20180061.222.79$0
Feb 201805,55461.782.77$15,363
Jan 201817222,07162.874.01$99,303
Dec 2017021,63657.272.92$63,210
Nov 201716621,55155.423.12$76,404
Oct 201717323,53249.292.98$78,739
Sep 2017021,84047.523.09$67,426
Aug 201717522,66245.373.00$76,025
Jul 201717620,02743.873.09$69,550
Jun 201717616,75542.493.09$59,206
May 201703,15545.373.26$10,296
Apr 201703,54347.933.21$11,379
Mar 201707,13646.772.98$21,292
Feb 201715715,21350.452.95$52,839

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

Apr 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 98.93 =         $0
Gas                3,777 Mcf  × $  2.87 =    $10,839

────────────────────────────────────────────────────
Month total                                  $10,839

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 09/G/281897 is the state's own key, not one this site invented.