FLAT CREEK
FLAT CREEK is a Texas oil lease in Henderson County, Railroad Commission district 05, operated by Toklan Oil And Gas Corporation. It has 1 wellbore on file with the Commission. Reported production runs from May 2019 to August 2026, totalling 13,449 barrels. 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 $341K, with roughly $66K 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 91 barrels a month. Its strongest month on the record we hold was August 2019, at 476 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 FLAT CREEK
- Who operates FLAT CREEK?
- FLAT CREEK is operated by Toklan Oil And Gas Corporation, Railroad Commission of Texas operator number 861467.
- Where is FLAT CREEK?
- FLAT CREEK is a Texas oil lease in Henderson County, Texas, in Railroad Commission district 05. Its Railroad Commission lease number is 04398.
- Is FLAT CREEK still producing?
- FLAT CREEK is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FLAT CREEK is August 2026.
- How much has FLAT CREEK produced?
- FLAT CREEK has reported 13,449 barrels of oil (bbl) to the Railroad Commission of Texas between May 2019 and August 2026, from 1 wellbore.
- How much is FLAT CREEK worth?
- The remaining production from FLAT CREEK is estimated to be worth about $341K in total as of 26 August 2026, within a range of $188K to $495K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FLAT CREEK is a fraction of it. The estimate fits an Arps decline curve to the production FLAT CREEK has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FLAT CREEK is an estimate of value, not an offer and not an appraisal.
- How much income does FLAT CREEK generate in a year?
- FLAT CREEK is forecast to net about $66K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in FLAT CREEK receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Toklan Oil And Gas Corporation |
|---|---|
| Field | Steve Kraker (Pettet) |
| County | Henderson County, Texas |
| RRC district | 05 |
| Lease number | 04398 |
| Wellbores | 1 |
| Reported production | 13,449 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $341K |
Where FLAT CREEK 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.