FLANAGAN HEIRS
FLANAGAN HEIRS is a Texas gas lease in Panola County, Railroad Commission district 06, operated by Maximus Operating, Ltd. It has 1 wellbore on file with the Commission. Reported production runs from March 2008 to August 2026, totalling 444,748 thousand cubic feet. The lease is intermittent. 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 $2K, with roughly $252 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 10 thousand cubic feet a month. Its strongest month on the record we hold was September 2018, at 9,696 thousand cubic feet. 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 FLANAGAN HEIRS
- Who operates FLANAGAN HEIRS?
- FLANAGAN HEIRS is operated by Maximus Operating, Ltd., Railroad Commission of Texas operator number 534465.
- Where is FLANAGAN HEIRS?
- FLANAGAN HEIRS is a Texas gas lease in Panola County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 235929.
- Is FLANAGAN HEIRS still producing?
- FLANAGAN HEIRS is intermittent. The most recent month of production reported to the Railroad Commission of Texas for FLANAGAN HEIRS is August 2026.
- How much has FLANAGAN HEIRS produced?
- FLANAGAN HEIRS has reported 444,748 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between March 2008 and August 2026, from 1 wellbore.
- How much is FLANAGAN HEIRS worth?
- The remaining production from FLANAGAN HEIRS is estimated to be worth about $2K in total as of 27 August 2026, within a range of $1K to $3K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FLANAGAN HEIRS is a fraction of it. The estimate fits an Arps decline curve to the production FLANAGAN HEIRS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FLANAGAN HEIRS is an estimate of value, not an offer and not an appraisal.
- How much income does FLANAGAN HEIRS generate in a year?
- FLANAGAN HEIRS is forecast to net about $252 across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in FLANAGAN HEIRS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Maximus Operating, Ltd. |
|---|---|
| Field | Bethany (Travis Peak Cons.) |
| County | Panola County, Texas |
| RRC district | 06 |
| Lease number | 235929 |
| Wellbores | 1 |
| Reported production | 444,748 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $2K |
Where FLANAGAN HEIRS 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.