Skip to content
Royalty Clerk

Texas oil lease

Producing

K. N. & L. P. HAPGOOD "47"

K. N. & L. P. Hapgood "47" is an oil lease in Clay County, Texas, operated by Parnell Operating in the Hapgood, West (Caddo) field.

2 wells

475bbl oil, last 12 months−33% vs prior year
RRC lease
09-23403

Is your check right?

Check my statement

Where it sits

This county

Clay CountyClayWichitaMontagueArcherClay County
Clay County
Gas, last 12 months
741 mcf
Oil in Jul 2026
23 bbl

Checks stopped on this lease?

  • Sales

    No sales reported for the last 2 months of state data (through Jul 2026).

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

See why checks stop on this lease

Production by month

Oil output fell 33% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 33% over the last 12 monthsMonthly oil production and gas for K. N. & L. P. HAPGOOD "47", Aug 2023 to Jul 2026. Oil output fell 33% over the last 12 months. 475 bbl in the 12 months through Jul 2026, against 714 bbl in the 12 months before.Last 12 months: 475 bblbbl per monthmcf per month005050100100150150200200250250Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 33% over the last 12 monthsMonthly oil production and gas for K. N. & L. P. HAPGOOD "47", Aug 2023 to Jul 2026. Oil output fell 33% over the last 12 months. 475 bbl in the 12 months through Jul 2026, against 714 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005050100100150150200200250250Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to a processing plant in the last 12 months

All of the gas went to a processing plant in the last 12 monthsShare of K. N. & L. P. HAPGOOD "47" gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a processing plant in the last 12 monthsShare of K. N. & L. P. HAPGOOD "47" gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant in the last 12 months.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

2 wells on this lease

Wells on K. N. & L. P. HAPGOOD "47"
API numberWell no.Status
42-077-329771Active
42-077-332282Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Sentinel Transportation, LLCOilGathers100Oct 1, 2015
Targa Midstream Services LLCCasinghead gasBuys100Oct 1, 2015
Lone Star Land & Energy Ii, LLCCasinghead gasGathers100Oct 1, 2015

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

640 acres on the newest permit

Permits for K. N. & L. P. Hapgood "47"
API numberWell no.Acreson the permit
42-077-332282640
42-077-329771640

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

Estimate your royalty

36 months, newest first

Ledger for K. N. & L. P. HAPGOOD "47"
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026230110$80.46$2.89
Jun 202623027270$84.81$3.15
May 2026431711111110$102.13$2.94
Apr 202633028280$100.32$2.77
Mar 202621059590$91.38$3.04
Feb 202634071710$64.51$3.62
Jan 202640083830$60.04$7.72
Dec 2025571571101100$57.97$4.26
Nov 202595064640$60.06$3.79
Oct 20258029290$60.89$3.19
Sep 20257016270700$63.96$2.97
Aug 202528088880$64.86$2.91
Jul 20255101211210$68.39$3.20
Jun 20256017375750$68.17$3.02
May 2025450000$62.17$3.12
Apr 202524047470$63.54$3.42
Mar 202554054540$68.24$4.12
Feb 2025501611111110$71.53$4.19
Jan 202510601321320$75.74$4.13
Dec 20241051491461460$70.12$3.01
Nov 2024731591611610$69.95$2.12
Oct 20246801471470$71.99$2.20
Sep 202449070700$70.24$2.28
Aug 20242916881810$76.68$1.99
Jul 202455098980$81.80$2.07
Jun 20247817496960$79.77$2.54
May 20247701031030$80.02$2.12
Apr 202410098980$85.35$1.60
Mar 20249117270700$81.28$1.49
Feb 202497080800$77.25$1.72
Jan 20246201031030$74.15$3.18
Dec 202321417479790$71.90$2.52
Nov 20237418794940$77.69$2.71
Oct 202377057570$85.64$2.98
Sep 202336036360$89.43$2.64
Aug 20238315581810$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

How to check your stub against this lease Checks stopped on this lease? See the likely reasons

Do your checks match this lease?

Nearby

Parnell Operating in Clay County

All Parnell Operating leases →

Hapgood, West (Caddo) field

No other producing leases in this field are in our data yet.

Leases within 10 km

Drilling permits within 10 km