FLOWERS READ 53
FLOWERS READ 53 is a Texas gas lease in Hemphill County, Railroad Commission district 10, operated by Le Norman Operating LLC. It has 1 wellbore on file with the Commission. Reported production runs from February 2015 to August 2026, totalling 2,466,832 thousand cubic feet. 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 $1.5M, with roughly $269K 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 9,001 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 32,188 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% 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 FLOWERS READ 53
- Who operates FLOWERS READ 53?
- FLOWERS READ 53 is operated by Le Norman Operating LLC, Railroad Commission of Texas operator number 491579.
- Where is FLOWERS READ 53?
- FLOWERS READ 53 is a Texas gas lease in Hemphill County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 278051.
- Is FLOWERS READ 53 still producing?
- FLOWERS READ 53 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FLOWERS READ 53 is August 2026.
- How much has FLOWERS READ 53 produced?
- FLOWERS READ 53 has reported 2,466,832 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between February 2015 and August 2026, from 1 wellbore.
- How much is FLOWERS READ 53 worth?
- The remaining production from FLOWERS READ 53 is estimated to be worth about $1.5M in total as of 27 August 2026, within a range of $1.3M to $1.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FLOWERS READ 53 is a fraction of it. The estimate fits an Arps decline curve to the production FLOWERS READ 53 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FLOWERS READ 53 is an estimate of value, not an offer and not an appraisal.
- How much income does FLOWERS READ 53 generate in a year?
- FLOWERS READ 53 is forecast to net about $269K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in FLOWERS READ 53 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Le Norman Operating LLC |
|---|---|
| Field | Buffalo Wallow (Granite Wash) |
| County | Hemphill County, Texas |
| RRC district | 10 |
| Lease number | 278051 |
| Wellbores | 1 |
| Reported production | 2,466,832 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.5M |
Where FLOWERS READ 53 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.