FLANAGAN
FLANAGAN is a Texas oil lease in Gaines County, Railroad Commission district 8A, operated by Hadson Energy Resources Corp. It has 9 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 958,973 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 $1.2M, with roughly $354K 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 543 barrels a month, about 60 per wellbore. Its strongest month on the record we hold was August 2016, at 1,638 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 FLANAGAN
- Who operates FLANAGAN?
- FLANAGAN is operated by Hadson Energy Resources Corp., Railroad Commission of Texas operator number 342479.
- Where is FLANAGAN?
- FLANAGAN is a Texas oil lease in Gaines County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 66161.
- Is FLANAGAN still producing?
- FLANAGAN is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FLANAGAN is August 2026.
- How much has FLANAGAN produced?
- FLANAGAN has reported 958,973 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 9 wellbores.
- How much is FLANAGAN worth?
- The remaining production from FLANAGAN is estimated to be worth about $1.2M in total as of 27 August 2026, within a range of $975K to $1.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FLANAGAN is a fraction of it. The estimate fits an Arps decline curve to the production FLANAGAN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FLANAGAN is an estimate of value, not an offer and not an appraisal.
- How much income does FLANAGAN generate in a year?
- FLANAGAN is forecast to net about $354K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in FLANAGAN receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Hadson Energy Resources Corp. |
|---|---|
| Field | Flanagan (Clearfork, Cons.) |
| County | Gaines County, Texas |
| RRC district | 8A |
| Lease number | 66161 |
| Wellbores | 9 |
| Reported production | 958,973 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.2M |
Where FLANAGAN 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.