FLANAGAN
FLANAGAN is a Texas gas lease in Hansford County, Railroad Commission district 10, operated by Sandia Operating Corp. It has 1 wellbore on file with the Commission. Reported production runs from May 1997 to August 2026, totalling 834,725 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 $26K, with roughly $3K 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 138 thousand cubic feet a month. Its strongest month on the record we hold was January 2023, at 1,141 thousand cubic feet. 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 Sandia Operating Corp., Railroad Commission of Texas operator number 747708.
- Where is FLANAGAN?
- FLANAGAN is a Texas gas lease in Hansford County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 164561.
- 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 834,725 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between May 1997 and August 2026, from 1 wellbore.
- How much is FLANAGAN worth?
- The remaining production from FLANAGAN is estimated to be worth about $26K in total as of 27 August 2026, within a range of $20K to $32K. 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 $3K 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 | Sandia Operating Corp. |
|---|---|
| Field | Spoony (Brown Dolomite) |
| County | Hansford County, Texas |
| RRC district | 10 |
| Lease number | 164561 |
| Wellbores | 1 |
| Reported production | 834,725 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $26K |
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.