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.

Oil lease lease 32527District 09Field 65280200OilCasinghead gasSave
Value, all time
$23.8 M
Dec 2012 – May 2026
Value, last 12 filed months
$1.1 M
at the published price for each month
Months reported
162
no gaps in the span
Streams
2
oil, casinghead 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
OilDisposition132,034 bbl$7,811,757
Casinghead gasProduction5,001,069 Mcf$15,940,159
Total$23,751,916

Wells on this lease (6)

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 33.7117, -98.0562. A lease has no coordinate of its own — that point is the mean of its wells, and they span 2.2 miles.

33.71365, -98.06091 · 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
33.3%
2 of 6 wells
With a plug date
16.7%
1 of 6 wells
Median depth
6,503 ft
6 wells filed one
Completion to plug
7.3 years
median over 1 wells

What the state filed about each well

On the RRC proration schedule
233.3%
A plug date is filed
116.7%
BothOn the schedule and plugged. Neither fact cancels the other.
116.7%
NeitherNo plug date, and not on the schedule.
466.7%

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

Between 6,440 and 6,587 ft, median 6,503 ft, over the 6 wells that filed a depth.

Completions filed
Dec 2012 – Dec 2015
6 of 6 wells
Plug dates filed
Mar 2020
1 of 6 wells; 5 filed none

Last completion to plug: a median of 7.3 years across the 1 well that filed both dates, with the middle half between 7.3 years and 7.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

6 wells

42-077352286H6,497 ftDec 2015
42-077352174H6,508 ftDec 2014
42-077352165H6,440 ftOct 2014
42-077351993H6,587 ftFeb 2014
42-077351471H6,571 ftAug 2013Yes
42-077351502H6,472 ftDec 2012Mar 2020Yes

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 (162)

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

162 months

May 202653324,476106.413.05$131,267
Apr 2026027,33398.932.87$78,438
Mar 202636131,42589.753.15$131,371
Feb 2026022,72363.503.75$85,219
Jan 202635319,38859.138.00$175,937
Dec 2025013,62456.664.41$60,128
Nov 202555214,93358.593.93$90,975
Oct 2025021,49959.383.30$71,051
Sep 202555218,85262.743.08$92,639
Aug 202518116,97363.933.01$62,741
Jul 202535021,14266.743.32$93,449
Jun 2025022,20566.483.13$69,473
May 202570020,73760.553.23$109,414
Apr 202517819,66962.363.54$80,790
Mar 202517020,60967.704.27$99,475
Feb 202535113,18470.884.34$82,109
Jan 2025014,77474.324.28$63,213
Dec 202452122,18768.993.12$105,198
Nov 202418219,46369.052.20$55,355
Oct 202471621,57771.372.28$100,327
Sep 202417522,72569.612.36$65,912
Aug 202435823,19775.632.06$74,946
Jul 202416122,99179.932.15$62,221
Jun 202454016,66978.082.63$86,069
May 202417322,18278.812.20$62,400
Apr 202453023,39284.451.66$83,571
Mar 202418019,10680.301.55$43,975
Feb 202417314,11776.091.78$38,343
Jan 202470612,00873.023.30$91,150
Dec 202317719,92171.262.61$64,621
Nov 202318721,66477.892.81$75,388
Oct 202352422,70285.443.09$114,858
Sep 202349321,53489.042.74$102,793
Aug 202352322,93080.522.67$103,401
Jul 202333722,27174.852.64$84,060
Jun 202333914,36568.962.26$55,821
May 202335921,54470.622.23$73,340
Apr 2023021,43578.122.24$47,966
Mar 202353225,09472.852.39$98,810
Feb 202353019,06475.112.47$86,814
Jan 202352117,60276.533.39$99,503
Dec 202234117,41476.415.73$125,822
Nov 202234822,65885.005.65$157,512
Oct 202251026,24187.185.86$198,333
Sep 202217416,69484.888.16$151,054
Aug 202251325,20694.529.13$278,548
Jul 202236621,746101.587.54$201,188
Jun 2022016,794115.097.98$133,969
May 202253223,627109.378.43$257,432
Apr 202256322,820104.226.84$214,710
Mar 202236612,431108.885.08$102,955
Feb 20223648,57791.054.86$74,816
Jan 202234717,35281.844.54$107,136
Dec 202134522,07271.323.90$110,667
Nov 202134623,53477.435.24$150,035
Oct 202134326,23579.795.71$177,271
Sep 202151224,58769.865.35$167,331
Aug 202169323,75166.024.22$145,995
Jul 202117421,70770.783.98$98,755
Jun 202184926,12969.493.38$147,329
May 202133529,21863.483.02$109,436
Apr 202134225,34860.362.76$90,564
Mar 202151718,82961.302.72$82,849
Feb 202134511,01057.805.55$81,024
Jan 202170120,62450.412.81$93,296
Dec 202017126,97144.642.68$79,793
Nov 202069427,99238.772.71$102,669
Oct 202050631,58136.972.48$96,978
Sep 202033219,93537.091.99$52,005
Aug 202034420,40439.982.39$62,419
Jul 202085529,26238.371.83$86,213
Jun 20201,03531,46234.901.69$89,302
May 2020032,35216.921.81$58,711
Apr 202017131,16614.751.80$58,758
Mar 20201,03825,04730.341.86$77,986
Feb 2020023,05849.881.98$45,670
Jan 202052924,69757.252.09$82,019
Dec 201953022,90959.012.30$84,066
Nov 201969223,00655.302.75$101,550
Oct 201968427,89753.472.42$104,043
Sep 201951928,45955.052.66$104,194
Aug 201934826,62453.112.30$79,834
Jul 20191,01625,79356.272.46$120,623
Jun 201934923,57352.782.49$77,145
May 201986531,11858.482.74$135,858
Apr 201969730,75362.632.75$128,245
Mar 201952228,30456.803.06$116,319
Feb 201953827,92350.852.79$105,324
Jan 201989024,99546.033.23$121,655
Dec 201851933,57846.594.19$164,719
Nov 201853132,16052.934.24$164,375
Oct 201868136,08661.443.40$164,464
Sep 201887433,20259.543.11$155,230
Aug 201851035,46559.403.07$139,050
Jul 201886234,54765.142.93$157,438
Jun 201868630,27760.183.08$134,443
May 20181,02532,50065.382.90$161,291
Apr 201868729,19863.842.90$128,556
Mar 201867438,31061.222.79$148,026
Feb 201852422,46861.782.77$94,522
Jan 201886231,05162.874.01$178,687
Dec 201771735,35257.272.92$144,344
Nov 20171,40241,18155.423.12$206,116
Oct 201769137,79649.292.98$146,831
Sep 201769140,27047.523.09$157,161
Aug 20171,20239,84645.373.00$174,248
Jul 201769435,26943.873.09$139,331
Jun 20171,74239,51642.493.09$196,015
May 201750944,38345.373.26$167,933
Apr 20171,15443,28547.933.21$194,325
Mar 20171,14750,64746.772.98$204,760
Feb 20171,51644,11850.452.95$206,745
Jan 201735373,03549.413.42$267,134
Dec 20161,21968,51848.763.72$314,519
Nov 20162,07977,43342.492.64$293,097
Oct 20161,87782,36346.193.09$341,222
Sep 20161,37085,41641.553.10$321,767
Aug 20161,74696,96441.442.92$355,910
Jul 20162,26579,68841.622.92$327,304
Jun 201670280,25745.352.69$247,392
May 20163,11981,12142.521.99$294,135
Apr 20161,92489,79436.561.99$249,125
Mar 20165,37186,14233.011.79$331,836
Feb 20162,44480,98226.472.06$231,810
Jan 20161,71162,93327.352.36$195,592
Dec 20151,20948,11332.362.00$135,417
Nov 20151,03753,55938.792.17$156,305
Oct 20151,55756,00943.552.43$203,718
Sep 201585743,13742.992.76$155,832
Aug 20151,54145,83840.162.87$193,556
Jul 20151,69255,39448.152.95$244,610
Jun 20152,06362,54856.152.88$296,155
May 20151,55548,79755.212.96$230,069
Apr 20153,07270,95349.822.71$345,086
Mar 20153,33459,82742.892.93$318,570
Feb 20152,41545,93244.662.98$244,556
Jan 20152,09346,98643.433.10$236,585
Dec 20145,38852,84954.693.59$484,470
Nov 201453841,04870.464.25$212,437
Oct 201491434,21778.303.90$205,045
Sep 20141,60240,89686.164.05$303,471
Aug 201470332,18789.394.04$192,720
Jul 20141,98345,13096.564.18$380,104
Jun 20141,59748,03998.164.74$384,317
May 20142,62139,76894.734.73$436,253
Apr 20142,27925,38495.944.81$340,722
Mar 201401,54095.895.06$7,787
Feb 20141703,42197.406.19$37,741
Jan 201434820,35590.404.86$130,399
Dec 201371116,70991.824.35$138,043
Nov 201371623,08088.853.74$149,896
Oct 201385916,10297.423.78$144,539
Sep 20132,47720,582104.113.72$334,399
Aug 20136861,890104.253.52$78,173
Jul 201300102.523.72$0
Jun 20131765,82694.403.93$39,530
May 20135317,54394.834.15$81,651
Apr 20131717,76093.964.28$49,300
Mar 20138649,76993.623.91$119,113
Feb 20136421,55991.233.42$63,901
Jan 20130091.603.42$0
Dec 20121,084086.773.42$94,059

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.

May 2026 — as filed, then multipliedworked
Oil                  533 bbl  × $106.41 =    $56,717
Casinghead gas    24,476 Mcf  × $  3.05 =    $74,550

────────────────────────────────────────────────────
Month total                                 $131,267

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/O/32527 is the state's own key, not one this site invented.