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 242310District 06Field 617921112 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.5 M
Dec 2007 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
222
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 Gas112009-06-29192812
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
CondensateDisposition1,022 bbl$96,570
GasProduction548,948 Mcf$3,363,839
Total$3,460,409

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 32.1210, -94.7482. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.12102, -94.74822 · 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
10,778 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 10,778 ft.

Completions filed
Dec 2007
1 of 1 wells

1 well

42-40134521310,778 ftDec 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 (222)

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

222 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20161042.492.64$42
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 201510040.162.87$402
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 201551055.212.96$306
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140154.693.59$4
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140186.164.05$4
Aug 20140189.394.04$4
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 201413195.944.81$1,252
Mar 20140095.895.06$0
Feb 201405,58197.406.19$34,558
Jan 2014054990.404.86$2,669
Dec 20130091.824.35$0
Nov 201302988.853.74$108
Oct 20130097.423.78$0
Sep 2013422104.113.72$4,380
Aug 201300104.253.52$0
Jul 201313,021102.523.72$11,334
Jun 201303,91194.403.93$15,384
May 201303,99994.834.15$16,592
Apr 2013613,94393.964.28$22,618
Mar 201303,96593.623.91$15,515
Feb 201303,66091.233.42$12,517
Jan 201304,37591.603.42$14,962
Dec 201204,27986.773.42$14,635
Nov 201204,19786.953.62$15,214
Oct 201204,25389.383.40$14,459
Sep 201204,11794.672.92$12,015
Aug 201204,37792.662.91$12,729
Jul 2012664,32285.133.02$18,674
Jun 201204,32979.822.52$10,905
May 201204,83891.612.49$12,038
Apr 201204,429101.652.00$8,844
Mar 201204,755105.052.22$10,566
Feb 201204,563101.102.57$11,728
Jan 201204,86198.092.73$13,290
Dec 201105,42796.873.24$17,582
Nov 201105,42195.723.31$17,950
Oct 201104,06984.983.65$14,846
Sep 201104,74583.623.99$18,913
Aug 2011625,04683.404.15$26,108
Jul 201105,40694.144.52$24,420
Jun 201105,35692.904.64$24,851
May 201104,47198.134.40$19,694
Apr 201105,073105.964.33$21,983
Mar 201105,36696.364.06$21,772
Feb 2011404,61185.644.18$22,699
Jan 201105,80886.504.59$26,652
Dec 201005,45785.734.35$23,726
Nov 201005,42080.843.80$20,571
Oct 2010465,57878.103.51$23,165
Sep 201005,84972.633.98$23,276
Aug 201006,01073.684.42$26,560
Jul 201006,02272.554.74$28,523
Jun 201005,20470.364.91$25,554
May 201006,22871.124.24$26,377
Apr 201005,83481.694.12$24,052
Mar 2010715,94578.394.39$31,656
Feb 201005,73273.585.44$31,196
Jan 201006,52674.365.96$38,922
Dec 200906,86771.445.48$37,657
Nov 200906,71874.593.75$25,203
Oct 200907,10372.544.11$29,195
Sep 200907,28065.543.06$22,311
Aug 200908,32767.423.22$26,800
Jul 200908,13661.133.46$28,187
Jun 200907,88566.163.90$30,712
May 200908,68654.743.93$34,099
Apr 200909,10646.773.59$32,668
Mar 200908,40442.144.06$34,112
Feb 200907,21732.814.63$33,436
Jan 200908,37335.865.37$44,971
Dec 200808,73837.105.98$52,228
Nov 2008209,56655.496.86$66,736
Oct 200809,68675.246.92$67,046
Sep 2008011,036101.767.88$86,932
Aug 2008013,401114.228.48$113,681
Jul 20085214,090131.0811.39$167,293
Jun 2008015,968131.3313.03$208,105
May 2008017,561123.1711.57$203,256
Apr 200815415,402110.3110.45$178,013
Mar 200817619,499101.909.66$206,374
Feb 2008023,33992.538.77$204,697
Jan 200816242,69490.388.21$364,977
Dec 20074036,89388.337.30$272,925

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.

Nov 2016 — as filed, then multipliedworked
Condensate             1 bbl  × $ 42.49 =        $42
Gas                    0 Mcf  × $  2.64 =         $0

────────────────────────────────────────────────────
Month total                                      $42

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/242310 is the state's own key, not one this site invented.