Hapgood Ranch 1H

Oil & Gas Property in Clay County, TX

Property Summary

Key data points for Hapgood Ranch 1H

CountyClay County, TX
OperatorCANAN OPERATING, INC.
Production DatesFeb 2017 - Apr 2025
Total Oil Production6,335 BBLs
Total Gas Production1,160,583 MCF
Recent Oil Production57 BBLs in Mar 2025
Recent Gas Production8,552 MCF in Mar 2025
Wells on Property1

Our Valuation Estimates for Hapgood Ranch 1H

ShaleAssessment

$1,324 *

MarketMultiple

$37,774 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Hapgood Ranch 1H Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Hapgood Ranch 1H
from Feb 2017 to Apr 2025

Wells on Hapgood Ranch 1H

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-077-35147HAPGOOD RANCH 1HCANAN OPERATING, INC.ProducingClay County, TX33.698587-98.035915

Leases included in Hapgood Ranch 1H

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
09-281897HAPGOOD RANCH 1HCANAN OPERATING, INC.Clay County, TX

Nearby Properties

These are the closest 20 properties to the Hapgood Ranch 1H property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Ayres EstateClay County, TX0 BBLs40 MCFMar 2025
Ayres H. TClay County, TX0 BBLs339 MCFApr 2025
DansbyClay County, TX40 BBLs5,351 MCFApr 2025
Dennis Sue SeayMontague County, TX75 BBLs0 MCFApr 2025
EwingMontague County, TX0 BBLs0 MCFJan 2023
HapgoodClay County, TX549 BBLs20,609 MCFApr 2025
JonesClay County, TX0 BBLs0 MCFNov 2024
K.N. & L.P. HapgoodClay County, TX54 BBLs54 MCFApr 2025
Ogle PlaxcoClay County, TX0 BBLs0 MCFFeb 2025
OrtonClay County, TX164 BBLs5,113 MCFMar 2025
PhillipsClay County, TX51 BBLs120 MCFApr 2025
PierceClay County, TX0 BBLs105 MCFApr 2025
RonaldMontague County, TX93 BBLs9,638 MCFApr 2025
ScalingClay County, TX49 BBLs11,489 MCFApr 2025
SpikesClay County, TX0 BBLs379 MCFMar 2025
SpringClay County, TX179 BBLs0 MCFApr 2025
Springs EarlClay County, TX21 BBLs0 MCFApr 2025
Texakoma ComancheClay County, TX43 BBLs0 MCFMar 2025
TysonClay County, TX0 BBLs0 MCFApr 2014
WhitesideMontague County, TX177 BBLs3,592 MCFApr 2025

Owners of Hapgood Ranch 1H

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024CANAN OPERATING INCHAPGOOD RANCHCANAN OPERATING INC
2024MCPHERSON RANDY HOWARDHAPGOOD RANCHCANAN OPERATING INC
2024STRUBAR LAURENHAPGOOD RANCHCANAN OPERATING INC
2024T & T LIVING TRUSTHAPGOOD RANCHCANAN OPERATING INC
2024LAMBERT MICHAEL ELIJAHHAPGOOD RANCHCANAN OPERATING INC
2024LAMBERT NATHAN EDWARDHAPGOOD RANCHCANAN OPERATING INC
2024RENZ ELANA CHRISTINE LAMBERTHAPGOOD RANCHCANAN OPERATING INC
2024BLAKE DAVID LHAPGOOD RANCHCANAN OPERATING INC
Displaying 8 of 15 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Hapgood Ranch 1H

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
09-281897HAPGOOD RANCH 1HMar 2025CANAN OPERATING, INC.CANAN OPERATING, INC.
09-281897HAPGOOD RANCH 1HFeb 2025CANAN OPERATING, INC.CANAN OPERATING, INC.
09-281897HAPGOOD RANCH 1HJan 2025CANAN OPERATING, INC.CANAN OPERATING, INC.
09-281897HAPGOOD RANCH 1HDec 2024RED RIVER CRUDE OIL LLCKRAMER OPERATING, LLC
09-281897HAPGOOD RANCH 1HDec 2024CANAN OPERATING, INC.CANAN OPERATING, INC.
09-281897HAPGOOD RANCH 1HNov 2024CANAN OPERATING, INC.CANAN OPERATING, INC.
09-281897HAPGOOD RANCH 1HOct 2024CANAN OPERATING, INC.CANAN OPERATING, INC.
09-281897HAPGOOD RANCH 1HSep 2024CANAN OPERATING, INC.CANAN OPERATING, INC.
09-281897HAPGOOD RANCH 1HAug 2024RED RIVER CRUDE OIL LLCKRAMER OPERATING, LLC
09-281897HAPGOOD RANCH 1HAug 2024CANAN OPERATING, INC.CANAN OPERATING, INC.
09-281897HAPGOOD RANCH 1HJul 2024CANAN OPERATING, INC.CANAN OPERATING, INC.
09-281897HAPGOOD RANCH 1HJun 2024CANAN OPERATING, INC.CANAN OPERATING, INC.
09-281897HAPGOOD RANCH 1HMay 2024CANAN OPERATING, INC.CANAN OPERATING, INC.
09-281897HAPGOOD RANCH 1HApr 2024RED RIVER CRUDE OIL LLCKRAMER OPERATING, LLC
09-281897HAPGOOD RANCH 1HApr 2024CANAN OPERATING, INC.CANAN OPERATING, INC.
09-281897HAPGOOD RANCH 1HMar 2024CANAN OPERATING, INC.CANAN OPERATING, INC.
09-281897HAPGOOD RANCH 1HFeb 2024CANAN OPERATING, INC.CANAN OPERATING, INC.
09-281897HAPGOOD RANCH 1HJan 2024RED RIVER CRUDE OIL LLCKRAMER OPERATING, LLC
09-281897HAPGOOD RANCH 1HJan 2024CANAN OPERATING, INC.CANAN OPERATING, INC.
09-281897HAPGOOD RANCH 1HDec 2023CANAN OPERATING, INC.CANAN OPERATING, INC.
09-281897HAPGOOD RANCH 1HNov 2023CANAN OPERATING, INC.CANAN OPERATING, INC.
09-281897HAPGOOD RANCH 1HOct 2023CANAN OPERATING, INC.CANAN OPERATING, INC.
09-281897HAPGOOD RANCH 1HSep 2023CANAN OPERATING, INC.CANAN OPERATING, INC.
09-281897HAPGOOD RANCH 1HAug 2023CANAN OPERATING, INC.CANAN OPERATING, INC.
09-281897HAPGOOD RANCH 1HAug 2023VITOL INC.KRAMER OPERATING, LLC