Texas oil lease
ProducingHICKMAN 206-223 ALLOC C2
Hickman 206-223 Alloc C2 is an oil lease in Reagan County, Texas, operated by Permian Resources Operating, LLC in the Spraberry (Trend Area) field.
Oil lease dossier
- Operator
- Permian Resources Operating, LLC
- County
- Reagan County
- RRC lease
- 7C-20577
Is your check right?
Where it sits
This county
- Gas, last 12 months
- 121,855 mcf
- Oil in Jul 2026
- 722 bbl
Production by month
Oil output fell 21% over the last 12 months
- Oil (bars)
- Gas (line)
- Last 12 months
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Where the gas went
Since Apr 2024 the lease's gas goes to a transmission line instead of a processing plant
Flaring peaked at 39.7% of the gas in Apr 2026.
- Processing plant (3)
- Transmission line (2)
- Lease fuel (1)
- Flared (4)
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Transmission line (2)
96% · 116,784 mcf
Flared (4)
2.5% · 3,014 mcf
Lease fuel (1)
1.7% · 2,057 mcf
2.5% of the gas flared in the last 12 months. 4 months above 3%.
Who has run this lease
The operator changed 3 times, most recently in Nov 2023
- Permian Resources Operating, LLC Nov 2023 to now
- Earthstone Operating, LLC May 2022 to Oct 2023
- FDL Operating, LLC Feb 2021 to Apr 2022
- Sable Permian Resources, LLC Mar 2020 to Jan 2021
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Wells on this lease
No wells are linked to this lease in our data
Buyers and gatherers
| Company | Product | Role | Share% | From | Until |
|---|---|---|---|---|---|
| Medallion Operating Company, LLC | Oil | Gathers | 100 | Mar 1, 2020 | – |
| Canes Midstream Logistics LLC | Casinghead gas | Buys | 100 | Nov 1, 2023 | – |
| Canes Midstream Logistics LLC | Casinghead gas | Gathers | 100 | Nov 1, 2023 | – |
| Cogent Midstream Logistics, LLC | Casinghead gas | Gathers | 100 | Mar 1, 2020 | Nov 1, 2023 |
| Cogent Midstream Logistics, LLC | Casinghead gas | Buys | 100 | Mar 1, 2020 | Nov 1, 2023 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
1,291.16 acres on the newest permit
- Worth asking
An allocation well is on this lease
A well drilled across several tracts shares its production by an allocation formula, so the decimal is not always your acres over the unit acres. Ask the operator for the allocation formula and the tract factor for your land.
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-383-40065 | 15HC | Dec 13, 2017 | Jul 31, 2018 | 1,291.16 |
What Permian Resources Corporation told investors it received
| Quarter | Oil$ per bbl | Gas$ per mcf | Gas liquids$ per bbl | Filing |
|---|---|---|---|---|
| Q2 2026 | $97.81 | −$2.40 | $23.28 | SEC filing |
| Q1 2026 | $70.91 | −$0.29 | $16.60 | SEC filing |
| Q4 2025 | $58.78 | −$0.23 | $15.44 | SEC filing |
| Q3 2025 | $64.77 | $0.52 | $17.50 | SEC filing |
| Q2 2025 | $62.71 | $0.50 | $17.75 | SEC filing |
| Q1 2025 | $70.48 | $1.35 | $23.90 | SEC filing |
SourcePermian Resources Corporation quarterly reports, SEC EDGAR, company-wide averages before hedging.
Estimate your royalty
36 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|---|---|---|
| Jul 2026Permian Resources | 722 | 654 | 19,382 | 19,116 | 266 | $80.46 | $2.89 |
| Jun 2026Permian Resources | 42 | 59 | 3,855 | 3,845 | 10 | $84.81 | $3.15 |
| May 2026Permian Resources | 14 | 11 | 1,552 | 1,099 | 453 | $102.13 | $2.94 |
| Apr 2026Permian Resources | 98 | 113 | 5,389 | 3,248 | 2,141 | $100.32 | $2.77 |
| Mar 2026Permian Resources | 225 | 217 | 12,920 | 12,900 | 20 | $91.38 | $3.04 |
| Feb 2026Permian Resources | 222 | 223 | 13,020 | 13,008 | 12 | $64.51 | $3.62 |
| Jan 2026Permian Resources | 255 | 237 | 13,829 | 13,547 | 12 | $60.04 | $7.72 |
| Dec 2025Permian Resources | 218 | 221 | 16,439 | 15,928 | 79 | $57.97 | $4.26 |
| Nov 2025Permian Resources | 60 | 61 | 6,053 | 5,937 | 6 | $60.06 | $3.79 |
| Oct 2025Permian Resources | 38 | 36 | 2,454 | 2,342 | 0 | $60.89 | $3.19 |
| Sep 2025Permian Resources | 175 | 168 | 13,539 | 12,960 | 4 | $63.96 | $2.97 |
| Aug 2025Permian Resources | 180 | 187 | 13,423 | 12,854 | 11 | $64.86 | $2.91 |
| Jul 2025Permian Resources | 249 | 255 | 14,610 | 14,017 | 2 | $68.39 | $3.20 |
| Jun 2025Permian Resources | 184 | 185 | 14,588 | 14,057 | 24 | $68.17 | $3.02 |
| May 2025Permian Resources | 204 | 205 | 12,978 | 12,131 | 359 | $62.17 | $3.12 |
| Apr 2025Permian Resources | 208 | 211 | 12,118 | 11,656 | 8 | $63.54 | $3.42 |
| Mar 2025Permian Resources | 342 | 341 | 12,379 | 11,766 | 127 | $68.24 | $4.12 |
| Feb 2025Permian Resources | 230 | 227 | 10,049 | 9,582 | 33 | $71.53 | $4.19 |
| Jan 2025Permian Resources | 212 | 216 | 9,679 | 9,281 | 11 | $75.74 | $4.13 |
| Dec 2024Permian Resources | 225 | 223 | 9,637 | 9,285 | 0 | $70.12 | $3.01 |
| Nov 2024Permian Resources | 239 | 245 | 7,734 | 7,475 | 6 | $69.95 | $2.12 |
| Oct 2024Permian Resources | 282 | 278 | 3,841 | 3,718 | 0 | $71.99 | $2.20 |
| Sep 2024Permian Resources | 269 | 256 | 6,231 | 6,036 | 9 | $70.24 | $2.28 |
| Aug 2024Permian Resources | 193 | 190 | 13,867 | 13,174 | 231 | $76.68 | $1.99 |
| Jul 2024Permian Resources | 174 | 175 | 12,544 | 11,381 | 707 | $81.80 | $2.07 |
| Jun 2024Permian Resources | 207 | 218 | 12,380 | 11,959 | 3 | $79.77 | $2.54 |
| May 2024Permian Resources | 420 | 413 | 14,470 | 13,296 | 63 | $80.02 | $2.12 |
| Apr 2024Permian Resources | 241 | 235 | 11,685 | 10,925 | 24 | $85.35 | $1.60 |
| Mar 2024Permian Resources | 295 | 301 | 9,022 | 8,757 | 28 | $81.28 | $1.49 |
| Feb 2024Permian Resources | 324 | 333 | 12,350 | 11,983 | 14 | $77.25 | $1.72 |
| Jan 2024Permian Resources | 354 | 348 | 8,002 | 7,512 | 109 | $74.15 | $3.18 |
| Dec 2023Permian Resources | 325 | 326 | 14,126 | 13,583 | 196 | $71.90 | $2.52 |
| Nov 2023Permian Resources | 370 | 371 | 12,244 | 11,947 | 3 | $77.69 | $2.71 |
| Oct 2023Earthstone Operating, | 358 | 359 | 8,203 | 7,932 | 62 | $85.64 | $2.98 |
| Sep 2023Earthstone Operating, | 334 | 332 | 7,690 | 7,156 | 315 | $89.43 | $2.64 |
| Aug 2023Earthstone Operating, | 311 | 306 | 7,831 | 7,596 | 7 | $81.39 | $2.58 |
Flared above 3%
SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.
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Nearby
This lease belongs to
Permian Resources Operating, LLC in Reagan County
- HICKMAN 206-223 ALLOC B3
3,725 bbl
- UNIVERSITY 49-1 WEST
3,960 bbl
- HICKMAN RE 1 223
1,916 bbl
- HICKMAN 206-223 ALLOC C4
3,524 bbl
- UNIVERSITY 48-12 WEST
5,609 bbl
- LOFTIN HUGHES 1211 A
3,407 bbl
- UNIVERSITY BLOCK 48
3,323 bbl
- LOFTIN HUGHES 1211
4,549 bbl
- SINCLAIR 8B
4,168 bbl
- HICKMAN 206-223 ALLOC D4
3,918 bbl
Spraberry (Trend Area) field
- RAY REED 33H
4,974 bbl
- GRAHAM 186-187 (ALLOC-G)
2,660 bbl
- SUGG 3059
6,898 bbl
- UNIVERSITY 48-12 WEST
5,609 bbl
- SLAUGHTER
6,693 bbl
- UNIVERSITY BLOCK 48
3,323 bbl
- JRS FARMS 18A
7,077 bbl
- TXL "23"
6,006 bbl
- ROBBIE '17-8'
6,159 bbl
- HUGHES ALPINE WEST 19
5,371 bbl
New drilling permits in Reagan County
Newest in the county: this lease has no coordinates.
HILL WEST G 28-35 #4407H
new drill · horizontal · De Central Operating, LLC · Reagan County
Permit 0918897 · Sep 25, 2026
HILL WEST G 28-35 #4207H
new drill · horizontal · De Central Operating, LLC · Reagan County
Permit 0918898 · Sep 25, 2026
HILL WEST E 28-35 #4605H
new drill · horizontal · De Central Operating, LLC · Reagan County
Permit 0918891 · Sep 25, 2026
HILL WEST E 28-35 #4305H
new drill · horizontal · De Central Operating, LLC · Reagan County
Permit 0918894 · Sep 25, 2026
HILL WEST C 28-35 #4403H
new drill · horizontal · De Central Operating, LLC · Reagan County
Permit 0918888 · Sep 25, 2026