FLANAGAN

Operated by EQV OPERATING LLC (P-5 101634) in the MINDEN (COTTON VALLEY CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 234412District 06Field 617921112 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.3 M
Aug 2007 – May 2026
Value, last 12 filed months
$6 k
at the published price for each month
Months reported
226
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 456 leases and 456 wells, and the rule below applies to all of them.

Discovered
2005-09-27
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2018-03-20.

The Commission's schedule remark for this field reads: EXCEPTION TO SWR51(A) 30 DAY RULE.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112009-06-29192813
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition2,355 bbl$171,376
GasProduction1,127,947 Mcf$6,121,794
Total$6,293,170

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 32.1193, -94.7436. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.11929, -94.74358 · 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
10,805 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 10,805 ft.

Completions filed
Aug 2007
1 of 1 wells

1 well

42-40134293210,805 ftAug 2007

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 (226)

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

226 months

May 20260376106.413.05$1,145
Apr 202604598.932.87$129
Mar 2026015189.753.15$476
Feb 202659063.503.75$3,747
Jan 202601159.138.00$88
Dec 202503056.664.41$132
Nov 202503358.593.93$130
Oct 202503059.383.30$99
Sep 202502262.743.08$68
Aug 202502163.933.01$63
Jul 202501966.743.32$63
Jun 202501866.483.13$56
May 202502260.553.23$71
Apr 202502362.363.54$81
Mar 202502367.704.27$98
Feb 202502470.884.34$104
Jan 202502574.324.28$107
Dec 202402568.993.12$78
Nov 202402569.052.20$55
Oct 202402571.372.28$57
Sep 202401669.612.36$38
Aug 202402375.632.06$47
Jul 202402679.932.15$56
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 202402776.091.78$48
Jan 202403173.023.30$102
Dec 202303271.262.61$84
Nov 20231773277.892.81$13,876
Oct 202302885.443.09$86
Sep 202302689.042.74$71
Aug 202302780.522.67$72
Jul 202302674.852.64$69
Jun 202302368.962.26$52
May 202302870.622.23$62
Apr 202302978.122.24$65
Mar 202303072.852.39$72
Feb 202303075.112.47$74
Jan 202303376.533.39$112
Dec 202203276.415.73$183
Nov 202202985.005.65$164
Oct 202202887.185.86$164
Sep 202202884.888.16$229
Aug 202203094.529.13$274
Jul 2022030101.587.54$226
Jun 2022028115.097.98$223
May 2022028109.378.43$236
Apr 2022028104.226.84$191
Mar 2022030108.885.08$152
Feb 202202791.054.86$131
Jan 202203281.844.54$145
Dec 202103071.323.90$117
Nov 202102977.435.24$152
Oct 202103079.795.71$171
Sep 202102969.865.35$155
Aug 202102966.024.22$122
Jul 202103070.783.98$119
Jun 202102769.493.38$91
May 202102363.483.02$69
Apr 202102960.362.76$80
Mar 202103061.302.72$82
Feb 202102357.805.55$128
Jan 202106250.412.81$174
Dec 202003044.642.68$80
Nov 202002838.772.71$76
Oct 202002936.972.48$72
Sep 20201742637.091.99$6,505
Aug 202004539.982.39$107
Jul 2020021538.371.83$392
Jun 2020012434.901.69$210
May 2020035616.921.81$646
Apr 2020049914.751.80$900
Mar 202001,16030.341.86$2,153
Feb 202001,38049.881.98$2,733
Jan 202001,47957.252.09$3,098
Dec 201902,10659.012.30$4,853
Nov 201902,42055.302.75$6,657
Oct 201922,85453.472.42$7,009
Sep 201902,65355.052.66$7,050
Aug 201903,06753.112.30$7,067
Jul 201903,47456.272.46$8,546
Jun 201903,34652.782.49$8,336
May 201903,59058.482.74$9,838
Apr 201903,60762.632.75$9,922
Mar 20191752,79256.803.06$18,489
Feb 201902,08250.852.79$5,813
Jan 201901,79846.033.23$5,804
Dec 201801,84346.594.19$7,714
Nov 201801,74452.934.24$7,390
Oct 201801,59161.443.40$5,406
Sep 201801,51159.543.11$4,696
Aug 201801,01259.403.07$3,103
Jul 2018045265.142.93$1,325
Jun 2018072460.183.08$2,228
May 2018034765.382.90$1,007
Apr 2018082863.842.90$2,402
Mar 201801,12861.222.79$3,144
Feb 201802,21861.782.77$6,135
Jan 201802,60062.874.01$10,424
Dec 201702,77157.272.92$8,096
Nov 201702,67855.423.12$8,351
Oct 201703,02049.292.98$9,011
Sep 201703,47847.523.09$10,738
Aug 201705,02145.373.00$15,085
Jul 201706,91743.873.09$21,355
Jun 201703,95142.493.09$12,198
May 201703,57845.373.26$11,676
Apr 201703,19147.933.21$10,248
Mar 201701,81146.772.98$5,403
Feb 201701,54950.452.95$4,574
Jan 201701,52349.413.42$5,207
Dec 201601,79848.763.72$6,694
Nov 20161631,97942.492.64$12,159
Oct 201601,93746.193.09$5,986
Sep 201622,56341.553.10$8,030
Aug 201613,20341.442.92$9,408
Jul 201604,05641.622.92$11,861
Jun 201633,43745.352.69$9,367
May 201603,87242.521.99$7,709
Apr 201633,58436.561.99$7,246
Mar 201604,01033.011.79$7,194
Feb 201613,88526.472.06$8,044
Jan 201634,10627.352.36$9,790
Dec 201503,85632.362.00$7,717
Nov 201503,48338.792.17$7,549
Oct 201533,93743.552.43$9,684
Sep 201503,11942.992.76$8,604
Aug 20151333,35640.162.87$14,981
Jul 201503,20648.152.95$9,442
Jun 201503,26656.152.88$9,415
May 20151393,63155.212.96$18,405
Apr 201513,68749.822.71$10,029
Mar 201503,71842.892.93$10,911
Feb 201513,14344.662.98$9,399
Jan 201503,18343.433.10$9,869
Dec 201403,47554.693.59$12,480
Nov 201403,53870.464.25$15,043
Oct 201403,31478.303.90$12,928
Sep 201403,32386.164.05$13,443
Aug 201403,61589.394.04$14,587
Jul 201403,92796.564.18$16,413
Jun 201403,65298.164.74$17,299
May 201404,23894.734.73$20,031
Apr 20141684,15995.944.81$36,119
Mar 201404,69495.895.06$23,737
Feb 201402,96897.406.19$18,378
Jan 201404,62590.404.86$22,481
Dec 201304,23091.824.35$18,419
Nov 201304,35388.853.74$16,273
Oct 201305,15097.423.78$19,464
Sep 2013794,596104.113.72$25,311
Aug 201304,596104.253.52$16,190
Jul 201345,943102.523.72$22,505
Jun 201305,14394.403.93$20,230
May 201305,37894.834.15$22,314
Apr 2013775,01193.964.28$28,695
Mar 201305,07393.623.91$19,850
Feb 201304,79191.233.42$16,385
Jan 201304,62791.603.42$15,824
Dec 201205,66486.773.42$19,372
Nov 201205,85886.953.62$21,235
Oct 201206,43689.383.40$21,880
Sep 201206,32294.672.92$18,450
Aug 201204,62792.662.91$13,456
Jul 2012915,95585.133.02$25,736
Jun 201206,13179.822.52$15,444
May 201205,91791.612.49$14,723
Apr 201205,733101.652.00$11,448
Mar 201206,894105.052.22$15,319
Feb 201206,878101.102.57$17,678
Jan 201207,52598.092.73$20,574
Dec 201108,57496.873.24$27,778
Nov 201108,29395.723.31$27,460
Oct 201106,65884.983.65$24,292
Sep 201107,23383.623.99$28,829
Aug 2011937,50083.404.15$38,876
Jul 201107,47794.144.52$33,775
Jun 201107,58792.904.64$35,203
May 2011348,19898.134.40$39,447
Apr 201109,413105.964.33$40,789
Mar 201105,41996.364.06$21,987
Feb 20111607,18585.644.18$43,736
Jan 201108,81886.504.59$40,464
Dec 201008,69285.734.35$37,791
Nov 201008,40680.843.80$31,904
Oct 20101528,92578.103.51$43,188
Sep 201008,90372.633.98$35,429
Aug 201009,30673.684.42$41,127
Jul 201009,84072.554.74$46,607
Jun 201009,20170.364.91$45,181
May 201009,55771.124.24$40,476
Apr 201009,15881.694.12$37,756
Mar 20101369,22878.394.39$51,160
Feb 201009,05573.585.44$49,281
Jan 2010010,58374.365.96$63,118
Dec 2009010,73871.445.48$58,885
Nov 2009010,60374.593.75$39,777
Oct 2009011,27472.544.11$46,339
Sep 2009011,02165.543.06$33,777
Aug 2009011,76367.423.22$37,859
Jul 2009011,78461.133.46$40,826
Jun 2009011,49366.163.90$44,765
May 2009011,89054.743.93$46,677
Apr 2009012,34846.773.59$44,298
Mar 2009013,20842.144.06$53,611
Feb 2009012,42832.814.63$57,579
Jan 2009014,71435.865.37$79,029
Dec 2008015,48837.105.98$92,574
Nov 200815815,49755.496.86$115,082
Oct 2008016,73075.246.92$115,805
Sep 2008016,673101.767.88$131,335
Aug 2008018,049114.228.48$153,110
Jul 200813919,409131.0811.39$239,278
Jun 2008019,986131.3313.03$260,470
May 2008021,809123.1711.57$252,424
Apr 20082423,578110.3110.45$249,152
Mar 2008028,866101.909.66$278,963
Feb 2008030,65892.538.77$268,888
Jan 2008034,66190.388.21$284,419
Dec 2007025,56988.337.30$186,704
Nov 2007029,01391.677.29$211,554
Oct 2007035,06082.856.92$242,685
Sep 2007050,59475.846.24$315,917
Aug 2007024,67869.066.39$157,642

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                  376 Mcf  × $  3.05 =     $1,145

────────────────────────────────────────────────────
Month total                                   $1,145

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. 06/G/234412 is the state's own key, not one this site invented.