HAGAN
HAGAN is a Texas oil lease in Karnes County, Railroad Commission district 02, operated by Crawford Hughes Operating Co. It has 1 wellbore on file with the Commission. Reported production runs from June 2012 to August 2026, totalling 27,197 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $237K, with roughly $46K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 69 barrels a month. Its strongest month on the record we hold was September 2017, at 642 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about HAGAN
- Who operates HAGAN?
- HAGAN is operated by Crawford Hughes Operating Co., Railroad Commission of Texas operator number 186835.
- Where is HAGAN?
- HAGAN is a Texas oil lease in Karnes County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 11220.
- Is HAGAN still producing?
- HAGAN is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HAGAN is August 2026.
- How much has HAGAN produced?
- HAGAN has reported 27,197 barrels of oil (bbl) to the Railroad Commission of Texas between June 2012 and August 2026, from 1 wellbore.
- How much is HAGAN worth?
- The remaining production from HAGAN is estimated to be worth about $237K in total as of 27 August 2026, within a range of $130K to $344K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HAGAN is a fraction of it. The estimate fits an Arps decline curve to the production HAGAN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HAGAN is an estimate of value, not an offer and not an appraisal.
- How much income does HAGAN generate in a year?
- HAGAN is forecast to net about $46K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in HAGAN receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Crawford Hughes Operating Co. |
|---|---|
| Field | Runge, SW. (Luling) |
| County | Karnes County, Texas |
| RRC district | 02 |
| Lease number | 11220 |
| Wellbores | 1 |
| Reported production | 27,197 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $237K |
Where HAGAN sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.