HAGELSTEIN

Operated by RED STAG OPERATING, LLC (P-5 697118) in the OZONA, NW. (CANYON) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 290715District 7CField 67999333CondensateGasSaveExport
Value, all time
$45 k
Mar 2021 – May 2026
Value, last 12 filed months
$11 k
at the published price for each month
Months reported
63
no gaps in the span
Streams
2
condensate, gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 33 leases and 59 wells, and the rule below applies to all of them.

Discovered
1963-05-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 80 acres.

The Commission's schedule remark for this field reads: MULTIPLE 49B MAXIMUM 320 ACRES.

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
CondensateDisposition249 bbl$20,451
GasProduction6,388 Mcf$24,871
Total$45,323

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 30.7587, -101.1937. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.75872, -101.19366 · 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
7,000 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 7,000 ft.

Completions filed
May 1982
1 of 1 wells

1 well

42-1053400417,000 ftMay 1982

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 (63)

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

63 months

May 2026047106.413.05$143
Apr 20260298.932.87$6
Mar 20261023289.753.15$9,255
Feb 202603063.503.75$113
Jan 202603559.138.00$280
Dec 202504056.664.41$177
Nov 202504458.593.93$173
Oct 202506159.383.30$202
Sep 202506562.743.08$200
Aug 202506163.933.01$184
Jul 202504066.743.32$133
Jun 202505666.483.13$175
May 202504560.553.23$145
Apr 202504562.363.54$159
Mar 202505867.704.27$248
Feb 202507370.884.34$317
Jan 202508774.324.28$372
Dec 2024012668.993.12$393
Nov 2024012669.052.20$277
Oct 2024014171.372.28$322
Sep 202408569.612.36$201
Aug 2024010775.632.06$221
Jul 2024010979.932.15$234
Jun 202407778.082.63$203
May 202407778.812.20$169
Apr 202404984.451.66$81
Mar 202406780.301.55$104
Feb 202406776.091.78$120
Jan 202406573.023.30$214
Dec 202307971.262.61$206
Nov 202307977.892.81$222
Oct 2023010885.443.09$333
Sep 2023011089.042.74$301
Aug 2023014480.522.67$385
Jul 2023013674.852.64$359
Jun 2023014068.962.26$316
May 20235218270.622.23$4,078
Apr 2023011378.122.24$253
Mar 2023449272.852.39$3,426
Feb 2023012975.112.47$318
Jan 2023013776.533.39$464
Dec 2022018876.415.73$1,077
Nov 2022012585.005.65$706
Oct 202209787.185.86$569
Sep 2022018584.888.16$1,510
Aug 2022010394.529.13$940
Jul 20222762101.587.54$3,210
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 20220168104.226.84$1,149
Mar 20220111108.885.08$563
Feb 2022011691.054.86$564
Jan 2022015381.844.54$694
Dec 2021015771.323.90$612
Nov 2021020177.435.24$1,053
Oct 2021017479.795.71$994
Sep 20212421269.865.35$2,811
Aug 2021021066.024.22$886
Jul 2021020170.783.98$800
Jun 2021019469.493.38$656
May 2021015763.483.02$474
Apr 2021020860.362.76$574
Mar 20210061.302.72$0

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
Condensate             0 bbl  × $106.41 =         $0
Gas                   47 Mcf  × $  3.05 =       $143

────────────────────────────────────────────────────
Month total                                     $143

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. 7C/G/290715 is the state's own key, not one this site invented.