Artesian confined aquifers do not need pumping energy, and water from the aquifer flows naturally at the wellhead. This study proposes correcting the method for analyzing flowing well tests presented by Jacob and Lohman (1952) by considering the head losses due to friction in the well casing. The application of the proposed correction allowed the determination of a transmissivity (T = 411 m²/d) and storage coefficient (S = 3 × 10⁻⁴) which appear to be representative for the confined Guarani Aquifer in the study area. Ignoring the correction due to head losses in the well casing, the error in transmissivity evaluation is about 18%. For the storage coefficient the error is of 5 orders of magnitude, resulting in physically unacceptable value. The effect of the proposed correction on the calculated radius of the cone of depression and corresponding well interference is also discussed.