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Texas oil lease

Producing

HICKMAN 206-223 ALLOC D4

Hickman 206-223 Alloc D4 is an oil lease in Reagan County, Texas, operated by Permian Resources Operating, LLC in the Spraberry (Trend Area) field.

Oil lease dossier

3,918bbl oil, last 12 months−29% vs prior year
RRC lease
7C-20580

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Where it sits

This county

Reagan CountyReaganIrionSterlingUptonMidlandGlasscockReagan County
Reagan County
Gas, last 12 months
70,906 mcf
Oil in Jul 2026
263 bbl

Production by month

Oil output fell 29% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 29% over the last 12 monthsMonthly oil production and gas for HICKMAN 206-223 ALLOC D4, Aug 2023 to Jul 2026. Oil output fell 29% over the last 12 months. 3,918 bbl in the 12 months through Jul 2026, against 5,525 bbl in the 12 months before.Last 12 months: 3,918 bblbbl per monthmcf per month002505,00050010k75015k1,00020kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 29% over the last 12 monthsMonthly oil production and gas for HICKMAN 206-223 ALLOC D4, Aug 2023 to Jul 2026. Oil output fell 29% over the last 12 months. 3,918 bbl in the 12 months through Jul 2026, against 5,525 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002505,00050010k75015k1,00020kJan 24JulJan 25JulJan 26Jul

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)
Since Apr 2024 the lease's gas goes to a transmission line instead of a processing plantShare of HICKMAN 206-223 ALLOC D4 gas by disposition code each month, Aug 2023 to Jul 2026. 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.Share of the lease’s gas by disposition code, per month0%50%100%Apr 2024: plant to lineFlared 39.7%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Apr 2024 the lease's gas goes to a transmission line instead of a processing plantShare of HICKMAN 206-223 ALLOC D4 gas by disposition code each month, Aug 2023 to Jul 2026. 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.Share of gas by disposition code0%50%100%Apr 24: plant to lineFlared 39.7%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    96% · 67,921 mcf

  • Flared (4)

    2.2% · 1,531 mcf

  • Lease fuel (1)

    2.1% · 1,454 mcf

2.2% 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

Operators of this lease over timeSable Permian Resources, LLC, Mar 2020 to Jan 2021; FDL Operating, LLC, Feb 2021 to Apr 2022; Earthstone Operating, LLC, May 2022 to Oct 2023; Permian Resources Operating, LLC, Nov 2023 to Jul 2026202120222023202420252026Changed Feb 2021Changed May 2022Changed Nov 2023Sable Permian Resources, LLCMar 2020 to Jan 2021FDL Operating, LLCFeb 2021 to Apr 2022Earthstone Operating, LLCMay 2022 to Oct 2023Permian Resources Operating,…Nov 2023 to now
Operators of this lease over timeSable Permian Resources, LLC, Mar 2020 to Jan 2021; FDL Operating, LLC, Feb 2021 to Apr 2022; Earthstone Operating, LLC, May 2022 to Oct 2023; Permian Resources Operating, LLC, Nov 2023 to Jul 2026202120222023202420252026Changed Feb 2021Changed May 2022Changed Nov 2023Sable Permian Resources, LLCMar 2020 to Jan 2021FDL Operating, LLCFeb 2021 to Apr 2022Earthstone Operating, LLCMay 2022 to Oct 2023Permian Resources Operating, LLCNov 2023 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Wells on this lease

No wells are linked to this lease in our data

Production is still reported at lease level.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Medallion Operating Company, LLCOilGathers100Mar 1, 2020–
Canes Midstream Logistics LLCCasinghead gasBuys100Nov 1, 2023–
Canes Midstream Logistics LLCCasinghead gasGathers100Nov 1, 2023–
Cogent Midstream Logistics, LLCCasinghead gasGathers100Mar 1, 2020Nov 1, 2023
Cogent Midstream Logistics, LLCCasinghead gasBuys100Mar 1, 2020Nov 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.

Check your decimal on this lease
Permits for Hickman 206-223 Alloc D4
API numberWell no.Acreson the permit
42-383-401325HC1,291.16

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

What Permian Resources Corporation told investors it received

Permian Resources Operating, LLC is linked to Permian Resources Corporation (PR).
Realized prices reported by Permian Resources Corporation
QuarterOil$ per bblFiling
Q2 2026$97.81SEC filing
Q1 2026$70.91SEC filing
Q4 2025$58.78SEC filing
Q3 2025$64.77SEC filing
Q2 2025$62.71SEC filing
Q1 2025$70.48SEC filing

SourcePermian Resources Corporation quarterly reports, SEC EDGAR, company-wide averages before hedging.

Estimate your royalty

36 months, newest first

Ledger for HICKMAN 206-223 ALLOC D4
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Permian Resources2633644,9684,90068$80.46$2.89
Jun 2026Permian Resources6205477,3677,34819$84.81$3.15
May 2026Permian Resources2925740524216$102.13$2.94
Apr 2026Permian Resources2202262,8721,7311,141$100.32$2.77
Mar 2026Permian Resources3463385,5595,5509$91.38$3.04
Feb 2026Permian Resources3743725,5435,5385$64.51$3.62
Jan 2026Permian Resources3923745,2335,1274$60.04$7.72
Dec 2025Permian Resources51151610,79610,46152$57.97$4.26
Nov 2025Permian Resources1351374,5504,4634$60.06$3.79
Oct 2025Permian Resources85851,8511,7660$60.89$3.19
Sep 2025Permian Resources43542010,91510,4474$63.96$2.97
Aug 2025Permian Resources50850710,51210,0669$64.86$2.91
Jul 2025Permian Resources3543706,3536,0951$68.39$3.20
Jun 2025Permian Resources3203295,8435,63010$68.17$3.02
May 2025Permian Resources4214288,4717,918235$62.17$3.12
Apr 2025Permian Resources4784588,2097,8975$63.54$3.42
Mar 2025Permian Resources43944510,1829,677105$68.24$4.12
Feb 2025Permian Resources3633758,3007,91527$71.53$4.19
Jan 2025Permian Resources4995089,5629,16911$75.74$4.13
Dec 2024Permian Resources51150410,72410,3320$70.12$3.01
Nov 2024Permian Resources5345368,2447,9686$69.95$2.12
Oct 2024Permian Resources5155168,7428,4630$71.99$2.20
Sep 2024Permian Resources5675478,2958,03512$70.24$2.28
Aug 2024Permian Resources5245177,2386,877120$76.68$1.99
Jul 2024Permian Resources52651413,13611,918740$81.80$2.07
Jun 2024Permian Resources3153273,5803,4581$79.77$2.54
May 2024Permian Resources5435516,2535,74627$80.02$2.12
Apr 2024Permian Resources58357114,26213,33529$85.35$1.60
Mar 2024Permian Resources74275511,48011,14137$81.28$1.49
Feb 2024Permian Resources8078309,4269,14116$77.25$1.72
Jan 2024Permian Resources8107925,2214,869108$74.15$3.18
Dec 2023Permian Resources5725715,5095,31958$71.90$2.52
Nov 2023Permian Resources9861,0027,8577,65417$77.69$2.71
Oct 2023Earthstone Operating,9909917,1566,777201$85.64$2.98
Sep 2023Earthstone Operating,8628566,0195,529317$89.43$2.64
Aug 2023Earthstone Operating,8708364,2974,1644$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

Spraberry (Trend Area) field

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New drilling permits in Reagan County

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