FLOWERS "B"
FLOWERS "B" is a Texas oil lease in Roberts County, Railroad Commission district 10, operated by Seagull Midcon Inc. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 42,318 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 $550K, with roughly $82K 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 46 barrels a month, about 23 per wellbore. Its strongest month on the record we hold was July 2018, at 234 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 FLOWERS "B"
- Who operates FLOWERS "B"?
- FLOWERS "B" is operated by Seagull Midcon Inc., Railroad Commission of Texas operator number 761707.
- Where is FLOWERS "B"?
- FLOWERS "B" is a Texas oil lease in Roberts County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 06298.
- Is FLOWERS "B" still producing?
- FLOWERS "B" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FLOWERS "B" is August 2026.
- How much has FLOWERS "B" produced?
- FLOWERS "B" has reported 42,318 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is FLOWERS "B" worth?
- The remaining production from FLOWERS "B" is estimated to be worth about $550K in total as of 26 August 2026, within a range of $303K to $798K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FLOWERS "B" is a fraction of it. The estimate fits an Arps decline curve to the production FLOWERS "B" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FLOWERS "B" is an estimate of value, not an offer and not an appraisal.
- How much income does FLOWERS "B" generate in a year?
- FLOWERS "B" is forecast to net about $82K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in FLOWERS "B" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Seagull Midcon Inc. |
|---|---|
| Field | Mendota, NW. (Granite Wash, SW.) |
| County | Roberts County, Texas |
| RRC district | 10 |
| Lease number | 06298 |
| Wellbores | 2 |
| Reported production | 42,318 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $550K |
Where FLOWERS "B" 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.