FLANAGAN

Name: FLANAGAN lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by DELTEX MINERALS INC. (P-5 214093) in the HERITAGE (GARDNER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 10498District 7CField 40685250NGPA filingOilCasinghead gasSave Export

Value, all time

$560 k

Jan 1993 – Jun 2008

Value, last 12 filed months

$9 k

at the published price for each month

Months reported

186

no gaps in the span

Streams

oil, casinghead gas

The HERITAGE (GARDNER) field

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 5 leases and 7 wells, and the rule below applies to all of them.

Discovered

1984-01-26

as the register files it

Field class

Oil

the register's own label

Between wells

—

no field rule filed

From a lease line

—

no field rule filed

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	2	none	—	—

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.

Stream	Basis	Volume	Value
Oil	Disposition	26,454 bbl	$473,209
Casinghead gas	Production	109,640 Mcf	$86,891
Total			$560,099

73,785 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (3)

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 31.8303, -99.8679. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

31.83044, -99.86795 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

100.0%

3 of 3 wells

With a plug date

100.0%

3 of 3 wells

Median depth

4,550 ft

3 wells filed one

Completion to plug

17.8 years

median over 3 wells

What the state filed about each well

On the RRC proration schedule

3100.0%

A plug date is filed

3100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

3100.0%

NeitherNo plug date, and not on the schedule.

00.0%

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

Between 4,018 and 4,700 ft, median 4,550 ft, over the 3 wells that filed a depth.

Completions filed

Jan 1984 – Oct 1985

3 of 3 wells

Plug dates filed

Nov 1999 – Feb 2008

3 of 3 wells

Last completion to plug: a median of 17.8 years across the 3 wells that filed both dates, with the middle half between 16.6 years and 20.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells


42-39933594	5	4,018 ft	Oct 1985	Feb 2008	Yes
42-39933251	2	4,550 ft	Jul 1984	Nov 1999	Yes
42-39933028	1	4,700 ft	Jan 1984	Oct 2001	Yes

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 (186)

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

186 months


Jun 2008	0	0	131.33	13.03	$0
May 2008	0	0	123.17	11.57	$0
Apr 2008	86	0	110.31	10.45	$9,487
Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	0	62.00	7.55	$0
May 2007	0	0	58.74	7.85	$0
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	0	0	69.37	6.34	$0
Jun 2006	0	0	66.28	6.38	$0
May 2006	0	0	66.01	6.42	$0
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	0	56.70	7.08	$0
Feb 2006	0	0	57.59	7.75	$0
Jan 2006	0	0	60.59	8.93	$0
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	0	0	54.69	10.59	$0
Oct 2005	0	0	58.34	13.80	$0
Sep 2005	0	0	61.45	12.08	$0
Aug 2005	0	0	61.51	9.80	$0
Jul 2005	0	0	55.69	7.84	$0
Jun 2005	0	0	52.33	7.38	$0
May 2005	69	17	45.22	6.65	$3,233
Apr 2005	0	8	49.20	7.36	$59
Mar 2005	83	6	50.37	7.15	$4,224
Feb 2005	0	13	45.22	6.31	$82
Jan 2005	113	12	43.16	6.32	$4,953
Dec 2004	0	11	39.86	6.75	$74
Nov 2004	0	4	45.28	6.33	$25
Oct 2004	0	13	49.70	6.52	$85
Sep 2004	157	8	43.24	5.28	$6,831
Aug 2004	0	6	42.37	5.55	$33
Jul 2004	0	8	38.28	6.08	$49
Jun 2004	0	12	36.10	6.43	$77
May 2004	0	7	37.48	6.49	$45
Apr 2004	63	7	34.47	5.86	$2,213
Mar 2004	0	0	34.36	5.53	$0
Feb 2004	0	0	32.45	5.51	$0
Jan 2004	0	1	32.03	6.30	$6
Dec 2003	0	0	30.26	6.30	$0
Nov 2003	0	7	28.80	4.60	$32
Oct 2003	75	15	28.17	4.76	$2,184
Sep 2003	0	10	26.31	4.75	$47
Aug 2003	0	10	29.76	5.13	$51
Jul 2003	67	8	29.41	5.17	$2,012
Jun 2003	0	9	28.56	5.98	$54
May 2003	50	4	26.59	5.97	$1,353
Apr 2003	0	5	26.67	5.41	$27
Mar 2003	52	12	31.14	6.10	$1,692
Feb 2003	0	0	33.48	7.93	$0
Jan 2003	128	0	30.31	5.58	$3,880
Dec 2002	0	0	26.91	4.85	$0
Nov 2002	0	0	24.66	4.14	$0
Oct 2002	173	0	26.46	4.23	$4,578
Sep 2002	0	0	27.44	3.64	$0
Aug 2002	0	0	25.96	3.16	$0
Jul 2002	0	0	24.58	3.06	$0
Jun 2002	0	0	23.73	3.34	$0
May 2002	0	0	24.66	3.58	$0
Apr 2002	0	0	23.65	3.51	$0
Mar 2002	0	0	22.00	3.10	$0
Feb 2002	158	0	18.22	2.38	$2,879
Jan 2002	0	0	17.17	2.38	$0
Dec 2001	0	0	16.93	2.36	$0
Nov 2001	0	0	18.07	2.41	$0
Oct 2001	0	25	19.78	2.53	$63
Sep 2001	0	0	24.26	2.25	$0
Aug 2001	0	0	24.87	3.05	$0
Jul 2001	0	0	23.93	3.20	$0
Jun 2001	0	0	24.56	3.82	$0
May 2001	0	0	25.52	4.31	$0
Apr 2001	0	0	24.68	5.34	$0
Mar 2001	0	0	24.54	5.38	$0
Feb 2001	0	0	27.75	5.77	$0
Jan 2001	0	0	27.47	8.40	$0
Dec 2000	0	0	26.88	9.12	$0
Nov 2000	0	0	32.21	5.66	$0
Oct 2000	0	0	31.23	5.15	$0
Sep 2000	0	0	31.87	5.19	$0
Aug 2000	111	0	29.64	4.54	$3,290
Jul 2000	0	59	28.53	4.09	$241
Jun 2000	177	330	29.30	4.40	$6,637
May 2000	0	380	27.26	3.68	$1,398
Apr 2000	178	495	24.51	3.12	$5,905
Mar 2000	166	454	28.42	2.86	$6,016
Feb 2000	183	408	27.62	2.73	$6,167
Jan 2000	0	387	25.27	2.48	$960
Dec 1999	155	349	24.28	2.42	$4,609
Nov 1999	175	359	23.19	2.43	$4,932
Oct 1999	177	413	20.98	2.80	$4,871
Sep 1999	0	386	21.75	2.62	$1,011
Aug 1999	162	319	19.26	2.88	$4,037
Jul 1999	165	409	17.89	2.37	$3,922
Jun 1999	0	515	15.94	2.36	$1,216
May 1999	163	496	15.79	2.32	$3,725
Apr 1999	181	660	15.10	2.21	$4,190
Mar 1999	361	786	12.47	1.84	$5,947
Feb 1999	163	797	9.98	1.82	$3,076
Jan 1999	153	950	10.38	1.90	$3,393
Dec 1998	342	970	9.20	1.77	$4,867
Nov 1998	171	947	10.89	2.19	$3,932
Oct 1998	329	1,028	12.42	1.97	$6,111
Sep 1998	169	994	12.59	2.08	$4,198
Aug 1998	346	1,177	11.30	1.91	$6,155
Jul 1998	175	1,220	11.74	2.24	$4,784
Jun 1998	344	1,212	11.24	2.24	$6,578
May 1998	172	1,090	12.62	2.21	$4,576
Apr 1998	354	1,047	13.04	2.51	$7,239
Mar 1998	172	951	12.80	2.31	$4,398
Feb 1998	329	914	13.95	2.30	$6,691
Jan 1998	347	1,051	14.70	2.15	$7,366
Dec 1997	165	1,202	16.32	2.41	$5,591
Nov 1997	334	1,098	18.19	3.09	$9,466
Oct 1997	337	1,388	19.25	3.15	$10,859
Sep 1997	340	1,210	17.74	2.95	$9,607
Aug 1997	181	1,241	17.86	2.55	$6,403
Jul 1997	158	1,314	17.58	2.25	$5,730
Jun 1997	347	1,026	17.24	2.26	$8,298
May 1997	178	1,316	18.97	2.31	$6,415
Apr 1997	353	1,051	17.88	2.08	$8,501
Mar 1997	175	1,177	18.95	1.94	$5,599
Feb 1997	296	989	20.49	2.21	$8,247
Jan 1997	349	1,052	23.48	3.54	$11,918
Dec 1996	351	756	23.32	—	$8,185
Nov 1996	176	1,234	21.97	—	$3,867
Oct 1996	346	1,322	23.31	—	$8,065
Sep 1996	346	1,188	22.22	—	$7,688
Aug 1996	163	1,367	20.26	—	$3,302
Jul 1996	350	1,161	19.55	—	$6,843
Jun 1996	341	990	18.73	—	$6,387
May 1996	170	1,246	19.43	—	$3,303
Apr 1996	348	1,022	21.51	—	$7,485
Mar 1996	337	1,234	19.38	—	$6,531
Feb 1996	172	1,203	16.98	—	$2,921
Jan 1996	345	1,180	17.07	—	$5,889
Dec 1995	351	1,451	17.19	—	$6,034
Nov 1995	343	1,535	16.00	—	$5,488
Oct 1995	344	1,563	15.43	—	$5,308
Sep 1995	339	1,244	16.18	—	$5,485
Aug 1995	332	1,516	15.92	—	$5,285
Jul 1995	173	1,518	15.24	—	$2,637
Jun 1995	342	1,527	16.41	—	$5,612
May 1995	338	607	17.56	—	$5,935
Apr 1995	541	1,731	17.73	—	$9,592
Mar 1995	500	1,857	16.44	—	$8,220
Feb 1995	179	1,468	16.58	—	$2,968
Jan 1995	353	1,858	15.92	—	$5,620
Dec 1994	352	1,871	15.03	—	$5,291
Nov 1994	358	1,619	15.90	—	$5,692
Oct 1994	341	2,052	15.58	—	$5,313
Sep 1994	345	1,898	15.29	—	$5,275
Aug 1994	345	2,083	16.13	—	$5,565
Jul 1994	358	1,963	17.56	—	$6,286
Jun 1994	182	1,921	17.09	—	$3,110
May 1994	524	1,440	15.88	—	$8,321
Apr 1994	350	1,908	14.14	—	$4,949
Mar 1994	703	1,863	12.46	—	$8,759
Feb 1994	356	1,533	12.50	—	$4,450
Jan 1994	360	1,580	12.66	—	$4,558
Dec 1993	0	1,685	12.33	—	$0
Nov 1993	356	1,718	14.49	—	$5,158
Oct 1993	484	1,422	15.85	—	$7,671
Sep 1993	306	1,283	15.03	—	$4,599
Aug 1993	293	2,538	15.66	—	$4,588
Jul 1993	308	2,004	15.46	—	$4,762
Jun 1993	302	1,991	16.79	—	$5,071
May 1993	297	1,596	17.68	—	$5,251
Apr 1993	452	1,590	18.05	—	$8,159
Mar 1993	311	1,532	18.14	—	$5,642
Feb 1993	314	1,375	17.90	—	$5,621
Jan 1993	470	1,542	16.93	—	$7,957

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.

Apr 2008 — as filed, then multipliedworked

Oil                   86 bbl  × $110.31 =     $9,487
Casinghead gas         0 Mcf  × $ 10.45 =         $0

────────────────────────────────────────────────────
Month total                                   $9,487

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. 7C/O/10498 is the state's own key, not one this site invented.