MODERN FLANAGAN
MODERN FLANAGAN is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Hannathon Petroleum, LLC. It has 3 wellbores on file with the Commission. Reported production runs from December 2016 to August 2026, totalling 143,912 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 $1.7M, with roughly $597K 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 653 barrels a month, about 218 per wellbore. Its strongest month on the record we hold was August 2017, at 4,435 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 MODERN FLANAGAN
- Who operates MODERN FLANAGAN?
- MODERN FLANAGAN is operated by Hannathon Petroleum, LLC, Railroad Commission of Texas operator number 354954.
- Where is MODERN FLANAGAN?
- MODERN FLANAGAN is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 48632.
- Is MODERN FLANAGAN still producing?
- MODERN FLANAGAN is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MODERN FLANAGAN is August 2026.
- How much has MODERN FLANAGAN produced?
- MODERN FLANAGAN has reported 143,912 barrels of oil (bbl) to the Railroad Commission of Texas between December 2016 and August 2026, from 3 wellbores.
- How much is MODERN FLANAGAN worth?
- The remaining production from MODERN FLANAGAN is estimated to be worth about $1.7M in total as of 26 August 2026, within a range of $1.3M to $2.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MODERN FLANAGAN is a fraction of it. The estimate fits an Arps decline curve to the production MODERN FLANAGAN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MODERN FLANAGAN is an estimate of value, not an offer and not an appraisal.
- How much income does MODERN FLANAGAN generate in a year?
- MODERN FLANAGAN is forecast to net about $597K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MODERN FLANAGAN receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Hannathon Petroleum, LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Howard County, Texas |
| RRC district | 08 |
| Lease number | 48632 |
| Wellbores | 3 |
| Reported production | 143,912 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.7M |
Where MODERN 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.