FLANAGAN, O.E.

Operated by BUFFCO PRODUCTION INC. (P-5 106406) in the HENDERSON, E. (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 240439District 06Field 40356200CondensateGasSaveExport
Value, all time
$2.4 M
May 2008 – May 2026
Value, last 12 filed months
$35 k
at the published price for each month
Months reported
217
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 328 leases and 328 wells, and the rule below applies to all of them.

Discovered
1980-01-13
as the register files it
Field class
Gas
the register's own label
Between wells
330 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 2013-08-06.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

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
CondensateDisposition686 bbl$46,225
GasProduction462,817 Mcf$2,339,152
Total$2,385,377

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 32.1637, -94.7784. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.16374, -94.77842 · 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
10,870 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 10,870 ft.

Completions filed
May 2008
1 of 1 wells

1 well

42-40134679210,870 ftMay 2008

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 (217)

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

217 months

May 20260901106.413.05$2,744
Apr 2026095898.932.87$2,749
Mar 2026093489.753.15$2,942
Feb 2026074263.503.75$2,783
Jan 2026072959.138.00$5,830
Dec 2025090656.664.41$3,999
Nov 2025077858.593.93$3,055
Oct 2025035459.383.30$1,170
Sep 2025078762.743.08$2,422
Aug 2025176563.933.01$2,370
Jul 2025064066.743.32$2,122
Jun 2025089466.483.13$2,797
May 2025184360.553.23$2,785
Apr 2025075262.363.54$2,664
Mar 2025193067.704.27$4,037
Feb 2025075370.884.34$3,269
Jan 20250074.324.28$0
Dec 2024074868.993.12$2,335
Nov 2024179769.052.20$1,821
Oct 202401,27171.372.28$2,900
Sep 20240069.612.36$0
Aug 2024030375.632.06$625
Jul 2024070179.932.15$1,505
Jun 2024196278.082.63$2,612
May 202411,78678.812.20$4,005
Apr 20240084.451.66$0
Mar 2024024580.301.55$379
Feb 202411,14776.091.78$2,122
Jan 202411,19173.023.30$4,001
Dec 202301,23971.262.61$3,235
Nov 202312,16377.892.81$6,151
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 2023193880.522.67$2,588
Jul 202311,17274.852.64$3,171
Jun 202311,36968.962.26$3,161
May 202301,39170.622.23$3,098
Apr 2023055878.122.24$1,249
Mar 2023049372.852.39$1,180
Feb 2023046075.112.47$1,134
Jan 2023097076.533.39$3,286
Dec 2022097876.415.73$5,603
Nov 202211,23985.005.65$7,081
Oct 2022084087.185.86$4,926
Sep 202201,05184.888.16$8,580
Aug 202201,27894.529.13$11,665
Jul 20220721101.587.54$5,438
Jun 202201,002115.097.98$7,993
May 20220966109.378.43$8,146
Apr 202221,037104.226.84$7,299
Mar 20220934108.885.08$4,741
Feb 2022174291.054.86$3,696
Jan 2022196081.844.54$4,438
Dec 202101,28371.323.90$5,003
Nov 2021051077.435.24$2,671
Oct 2021075879.795.71$4,331
Sep 2021088069.865.35$4,709
Aug 2021098266.024.22$4,145
Jul 202111,13970.783.98$4,606
Jun 202101,15369.493.38$3,898
May 202101,32263.483.02$3,989
Apr 2021090160.362.76$2,485
Mar 202101,28561.302.72$3,491
Feb 2021096657.805.55$5,359
Jan 20211521,33850.412.81$11,422
Dec 202001,20344.642.68$3,219
Nov 202001,28738.772.71$3,483
Oct 202001,13036.972.48$2,801
Sep 202001,47337.091.99$2,933
Aug 202001,57939.982.39$3,766
Jul 202001,94238.371.83$3,544
Jun 202001,32834.901.69$2,245
May 202001,28816.921.81$2,337
Apr 2020020914.751.80$377
Mar 2020029830.341.86$553
Feb 2020043949.881.98$870
Jan 202001,05357.252.09$2,206
Dec 2019091259.012.30$2,102
Nov 2019095855.302.75$2,635
Oct 201901,03553.472.42$2,503
Sep 2019093055.052.66$2,471
Aug 201921,06353.112.30$2,556
Jul 201901,08456.272.46$2,667
Jun 201901,12452.782.49$2,800
May 201921,10258.482.74$3,137
Apr 2019088562.632.75$2,434
Mar 201911,17656.803.06$3,658
Feb 2019097150.852.79$2,711
Jan 201901,46146.033.23$4,716
Dec 201801,67146.594.19$6,994
Nov 201801,72252.934.24$7,297
Oct 201821,69761.443.40$5,889
Sep 20180059.543.11$0
Aug 2018022659.403.07$693
Jul 2018022865.142.93$668
Jun 2018016460.183.08$505
May 2018019765.382.90$571
Apr 2018017463.842.90$505
Mar 2018018161.222.79$504
Feb 2018019161.782.77$528
Jan 2018027562.874.01$1,103
Dec 201707057.272.92$205
Nov 20170755.423.12$22
Oct 201704149.292.98$122
Sep 2017016647.523.09$512
Aug 2017048645.373.00$1,460
Jul 20170043.873.09$0
Jun 2017035442.493.09$1,093
May 2017056645.373.26$1,847
Apr 2017057647.933.21$1,850
Mar 2017075146.772.98$2,241
Feb 2017070450.452.95$2,079
Jan 201701,10449.413.42$3,774
Dec 2016011148.763.72$413
Nov 2016011442.492.64$301
Oct 2016016346.193.09$504
Sep 201609141.553.10$282
Aug 2016014241.442.92$415
Jul 2016026141.622.92$763
Jun 2016034445.352.69$924
May 2016051042.521.99$1,015
Apr 2016042636.561.99$848
Mar 2016039333.011.79$705
Feb 201603,75626.472.06$7,751
Jan 2016034627.352.36$818
Dec 2015047132.362.00$943
Nov 2015048938.792.17$1,060
Oct 2015040643.552.43$985
Sep 2015051742.992.76$1,426
Aug 2015041140.162.87$1,181
Jul 2015027948.152.95$822
Jun 2015038956.152.88$1,121
May 2015054155.212.96$1,599
Apr 2015075049.822.71$2,030
Mar 201517358942.892.93$9,149
Feb 2015058844.662.98$1,750
Jan 2015062343.433.10$1,932
Dec 2014075854.693.59$2,722
Nov 2014065270.464.25$2,772
Oct 2014052378.303.90$2,040
Sep 2014057986.164.05$2,342
Aug 2014062489.394.04$2,518
Jul 2014088196.564.18$3,682
Jun 2014090198.164.74$4,268
May 2014095994.734.73$4,533
Apr 2014084195.944.81$4,044
Mar 2014074895.895.06$3,782
Feb 2014080797.406.19$4,997
Jan 2014042690.404.86$2,071
Dec 2013061691.824.35$2,682
Nov 201301,54288.853.74$5,764
Oct 201301,82297.423.78$6,886
Sep 20130941104.113.72$3,498
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 201301,07694.403.93$4,232
May 201302,35694.834.15$9,775
Apr 201302,33393.964.28$9,991
Mar 201302,50293.623.91$9,790
Feb 201302,41591.233.42$8,259
Jan 201303,00391.603.42$10,270
Dec 201203,10286.773.42$10,609
Nov 201202,92486.953.62$10,599
Oct 201201,50689.383.40$5,120
Sep 201203,02294.672.92$8,819
Aug 201202,54392.662.91$7,395
Jul 201202,01885.133.02$6,096
Jun 201203,60179.822.52$9,071
May 201203,05091.612.49$7,589
Apr 201203,314101.652.00$6,617
Mar 201203,225105.052.22$7,166
Feb 201203,418101.102.57$8,785
Jan 201203,30098.092.73$9,022
Dec 20111624,44496.873.24$30,090
Nov 201103,88395.723.31$12,858
Oct 201103,84284.983.65$14,018
Sep 201104,45083.623.99$17,737
Aug 201103,29783.404.15$13,680
Jul 201101,39494.144.52$6,297
Jun 201103,11192.904.64$14,435
May 201104,10998.134.40$18,099
Apr 201103,934105.964.33$17,047
Mar 201106,17696.364.06$25,058
Feb 201103,43885.644.18$14,371
Jan 201104,20186.504.59$19,277
Dec 201004,64085.734.35$20,174
Nov 201004,22180.843.80$16,020
Oct 201005,15778.103.51$18,095
Sep 201004,84472.633.98$19,277
Aug 201004,38973.684.42$19,397
Jul 201005,35872.554.74$25,378
Jun 201005,11770.364.91$25,127
May 201005,17471.124.24$21,913
Apr 201005,60781.694.12$23,116
Mar 20101746,06078.394.39$40,235
Feb 201004,96073.585.44$26,994
Jan 201004,91674.365.96$29,319
Dec 200905,82271.445.48$31,926
Nov 200906,07974.593.75$22,805
Oct 200905,54372.544.11$22,783
Sep 200906,23465.543.06$19,106
Aug 200906,64067.423.22$21,371
Jul 200907,27961.133.46$25,218
Jun 200907,59566.163.90$29,583
May 200907,48954.743.93$29,400
Apr 200906,98846.773.59$25,069
Mar 200907,99842.144.06$32,464
Feb 200907,54832.814.63$34,970
Jan 200909,53735.865.37$51,223
Dec 200809,54637.105.98$57,058
Nov 2008011,07555.496.86$75,978
Oct 2008012,13575.246.92$83,998
Sep 2008010,485101.767.88$82,591
Aug 2008014,450114.228.48$122,580
Jul 2008019,367131.0811.39$220,579
Jun 2008024,931131.3313.03$324,917
May 200800123.1711.57$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                  901 Mcf  × $  3.05 =     $2,744

────────────────────────────────────────────────────
Month total                                   $2,744

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/240439 is the state's own key, not one this site invented.