Skip to content
Royalty Clerk

Texas oil lease · RRC district 7C · Lease 20573

Producing

HICKMAN ALLOCATION B

Hickman Allocation B is an oil lease in Reagan County, Texas, operated by Permian Resources Operating, LLC in the Spraberry (Trend Area) field. The Railroad Commission shows 1,198 bbl of oil in the 12 months through Jul 2026.

Oil lease dossier

1,198bbl oil, last 12 months−43% vs prior year
Operator
Permian Resources Operating, LLC
County
Reagan County
Field
Spraberry (Trend Area)
RRC lease
7C-20573

Own a share of this lease?

Is your check right?

Upload a check stub or a phone photo. We compare every month with the state numbers on this page.

Check my statement

Free. No account needed. Two to four pages.

Where it sits

This county

Reagan CountyReaganIrionSterlingUptonMidlandGlasscockReagan County
Reagan County · RRC district 7COpen Reagan County →
Gas, last 12 months
33,119 mcf
Oil in Jul 2026
253 bbl
Reporting to the state
since Mar 2020
Data through
Jul 2026

Production

Month by month, from the state record

What the Railroad Commission says this oil lease produced. Oil is in barrels (bbl). Gas is in thousand cubic feet (mcf).

Oil output fell 43% over the last 12 months

1,198 bbl in the 12 months through Jul 2026, against 2,118 bbl in the 12 months before.

  • Oil (bars, left axis)
  • Gas (line, right axis)
  • Last 12 months
Oil output fell 43% over the last 12 monthsMonthly oil production and gas for HICKMAN ALLOCATION B, Aug 2023 to Jul 2026. Oil output fell 43% over the last 12 months. 1,198 bbl in the 12 months through Jul 2026, against 2,118 bbl in the 12 months before.Last 12 months: 1,198 bblbbl per monthmcf per month001005,00020010k30015k40020kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 43% over the last 12 monthsMonthly oil production and gas for HICKMAN ALLOCATION B, Aug 2023 to Jul 2026. Oil output fell 43% over the last 12 months. 1,198 bbl in the 12 months through Jul 2026, against 2,118 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001005,00020010k30015k40020kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, oil lease 20573, district 7C. Reported through Jul 2026. The state revises recent months.

Gas disposition

Where the gas went

Every month the operator tells the state where each mcf of gas went, using a code. The code decides how your gas is paid.

Since Apr 2024 the lease's gas goes to a transmission line instead of a processing plant

Where gas goes decides how it is paid: processed gas can carry plant products and processing fees, gas sold straight to a pipeline usually does not. Flaring peaked at 40.0% 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 ALLOCATION B 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. Where gas goes decides how it is paid: processed gas can carry plant products and processing fees, gas sold straight to a pipeline usually does not. Flaring peaked at 40.0% of the gas in Apr 2026.Share of the lease’s gas by disposition code, per month0%50%100%Apr 2024: plant to lineFlared 40.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Apr 2024 the lease's gas goes to a transmission line instead of a processing plantShare of HICKMAN ALLOCATION B 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. Where gas goes decides how it is paid: processed gas can carry plant products and processing fees, gas sold straight to a pipeline usually does not. Flaring peaked at 40.0% of the gas in Apr 2026.Share of gas by disposition code0%50%100%Apr 24: plant to lineFlared 40.0%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, gas disposition by code, lease 20573, district 7C. Reported through Jul 2026.

Processing plant (3)

Sent to a gas plant that pulls out natural gas liquids. Your statement should show plant products, and may show processing fees.

Transmission line (2)

Sold straight into a pipeline without processing. Processing fees on your statement would be worth asking about.

Lease fuel (1)

Burned to run equipment on the lease. Not sold, so it pays no royalty. A few percent is normal.

Flared (4)

Burned off or vented, not sold. It pays no royalty. More than 3% in a month is worth watching.

Over the last 12 months, 0.7% of the gas was flared. 4 months went above 3%, which we mark in the ledger below.

Operator history

Who has run this lease

The operator runs the wells and pays your royalty. When the operator changes, payments often slip for a month or two.

The operator changed 3 times, most recently in Nov 2023

If your statements skip or shrink around a change, ask the new operator's owner relations department whether the month is in suspense.

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, operator by month. Reported through Jul 2026.

Wells

Wells on this lease

Every well the Railroad Commission links to oil lease 20573 in district 7C. The API number is the state’s ID for a well.

No wells are linked to this lease in our data

Older leases and some gas wells are filed without well records. Production is still reported at lease level, so the charts and ledger on this page are unaffected.

Who buys and gathers

Who moves and buys this lease's production

The operator files a Form P-4 with the Railroad Commission naming the companies authorised to gather and buy the oil and gas. The buyer's price is the one your royalty is figured on.

  • Oil

    Medallion Operating Company, LLC gathers it.

    100% of it, on the list since Mar 1, 2020

  • Gas from oil wells

    Canes Midstream Logistics LLC buys and gathers it.

    Canes Midstream Logistics LLC buys it: 100% of it, on the list since Nov 1, 2023 · Canes Midstream Logistics LLC gathers it: 100% of it, on the list since Nov 1, 2023

Companies that used to be listed: Cogent Midstream Logistics, LLC (gathers it, until Nov 1, 2023); Cogent Midstream Logistics, LLC (buys it, until Nov 1, 2023).

SourceRailroad Commission of Texas, Form P-4 file, dated Sep 24, 2026 (source). A listed company is authorised to move or buy the production; the state does not say what it paid.

Who buys my oil and gasIs my oil price fair?

Unit and wells

1,291.16 acres on the newest permit

Acres and wells as the operator filed them on its Railroad Commission drilling permits. Your decimal is your net acres over the unit acres, so this is the number to hold your division order against.
Wells on the permits
11 not plugged
Horizontal
1
First completion
Jul 30, 2018
Latest permit
Aug 11, 2017

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.

Wells and acres on the permits for Hickman Allocation B
API numberWell no.Acreson the permit
42-383-3995322HA1,291.16

SourceRailroad Commission of Texas, drilling permits and wellbore file, Sep 26, 2026 (source 1, source 2). The acres are what the operator filed; they are not a survey.

Check my decimal against the unit

Estimator

Estimate your royalty for this lease

A rough check before you look at a statement: the state volumes times your decimal, priced at WTI and Henry Hub.

Estimator

What could your check be?

Your decimal interest is the small number on your division order that says what share of the whole lease (8/8ths) is yours. Type it in and we apply it to what the state says HICKMAN ALLOCATION B sold each month.

For example 0.00097656, or a fraction like 1/1024.

Dollars per barrel. Your statements show the gap your operator uses. Leave 0 to price oil at WTI.

Your estimate appears here

Enter your decimal to see an estimated royalty for each of the last 12 months this lease reported. Nothing you type leaves your browser.

An estimate, not your check

It ignores gathering and processing fees, taxes, plant products and the price your operator actually gets, so your statement will differ. Use it as a ceiling to compare against. Regional gas prices are often below Henry Hub.

Ledger

36 months, newest first

Compare these numbers with your statements. Your share of a month is the “Oil sold” volume times your decimal. Scroll sideways on a phone.
Monthly production, disposition and prices for HICKMAN ALLOCATION B
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3Flaredmcf, code 4WTI$ per bblHenry Hub$ per MMBtu
Jul 2026Permian Resources25323012,51412,342172$80.46$2.89
Jun 2026Permian Resources192676760$84.81$3.15
May 2026Permian Resources7431229$102.13$2.94
Apr 2026Permian Resources3236754530$100.32$2.77
Mar 2026Permian Resources70731851850$91.38$3.04
Feb 2026Permian Resources1101142,2552,2532$64.51$3.62
Jan 2026Permian Resources1571518,2148,0477$60.04$7.72
Dec 2025Permian Resources2192275,2105,04825$57.97$4.26
Nov 2025Permian Resources79761,8451,8092$60.06$3.79
Oct 2025Permian Resources41326165880$60.89$3.19
Sep 2025Permian Resources1091041,5001,4351$63.96$2.97
Aug 2025Permian Resources1021085985730$64.86$2.91
Jul 2025Permian Resources1681771991910$68.39$3.20
Jun 2025Permian Resources1671683,7863,6486$68.17$3.02
May 2025Permian Resources1881904,8604,542135$62.17$3.12
Apr 2025Permian Resources2011926,4416,1964$63.54$3.42
Mar 2025Permian Resources1731723,3043,14034$68.24$4.12
Feb 2025Permian Resources108111000$71.53$4.19
Jan 2025Permian Resources1491551,3991,3412$75.74$4.13
Dec 2024Permian Resources1791764,6164,4470$70.12$3.01
Nov 2024Permian Resources1841864,2954,1513$69.95$2.12
Oct 2024Permian Resources1861864,1864,0520$71.99$2.20
Sep 2024Permian Resources2021975,3445,1768$70.24$2.28
Aug 2024Permian Resources2132107,8897,495131$76.68$1.99
Jul 2024Permian Resources2172197,1956,528405$81.80$2.07
Jun 2024Permian Resources2592597,1016,8592$79.77$2.54
May 2024Permian Resources2692685,9305,44926$80.02$2.12
Apr 2024Permian Resources2011986,9746,52114$85.35$1.60
Mar 2024Permian Resources2592617,5367,31721$81.28$1.49
Feb 2024Permian Resources2522584,4704,3376$77.25$1.72
Jan 2024Permian Resources2382322,7632,58547$74.15$3.18
Dec 2023Permian Resources2362374,6404,47253$71.90$2.52
Nov 2023Permian Resources2552583,5443,4553$77.69$2.71
Oct 2023Earthstone Operating,2472455,9975,78561$85.64$2.98
Sep 2023Earthstone Operating,2152127,7377,208308$89.43$2.64
Aug 2023Earthstone Operating,2372406,7116,49521$81.39$2.58

No report filed More than 3% of gas flared

SourceVolumes: Texas Railroad Commission Production Data Query, reported through Jul 2026. Prices: EIA WTI Cushing spot and Henry Hub spot, monthly, through Aug 2026. “Gas sold” is gas sent to a transmission line (code 2) or a plant (code 3).

Check your statements

Do your checks match this lease?

Upload your statements for HICKMAN ALLOCATION B. We compare volumes, prices, deductions and timing with the state record and give you the exact question to ask Permian Resources Operating, LLC.

Check my statementTry a sample owner
  • A month that was never paid
  • Your share of the barrels and mcf
  • The price against WTI and Henry Hub
  • Fees taken on gas
  • Late payment interest

Around this lease

Walk the neighborhood

Everything on this page connects to the operator, field and county records. Start from any of them.

This lease belongs to

OperatorPermian Resources Operating, LLCFieldSpraberry (Trend Area)CountyReagan County

Permian Resources Operating, LLC in Reagan County

All Permian Resources Operating, LLC leases →

Spraberry (Trend Area) field

All leases in this field →

New drilling permits in Reagan County

We do not have coordinates for this lease, so these are the newest permits in its county.

No recent drilling permits found for this area.

How to read this page

Questions owners ask

What is a decimal interest?

It is your share of the whole lease, written as a decimal. A 1/4 royalty on 5 net acres in a 1,280-acre unit is 1/4 × 5 ÷ 1,280 = 0.00097656. Your division order states yours.

How do I use this page to check a royalty check?

Take the “Oil sold” volume for the month the check covers and multiply it by your decimal. The answer should match the barrels on your statement. If it does not, upload the statement and we will show where the two differ.

Why is the newest month Jul 2026?

The Railroad Commission publishes production two to three months after the fact and revises recent months. We re-pull the latest three months on every update.

Does this page show what my check should be?

No. It shows what the state recorded. Prices, fees and taxes depend on your lease and on what your operator gets for the oil and gas. The estimator gives a ceiling to compare against.

Sources and method

Where these numbers come from

  • Production and disposition by month: Texas Railroad Commission Production Data Query, oil lease 20573, district 7C, reported through Jul 2026.
  • Wells: Texas Railroad Commission Wellbore Query.
  • Prices: U.S. Energy Information Administration, WTI Cushing spot and Henry Hub spot, monthly.
  • Page updated Sep 28, 2026.

We show the state’s numbers as filed. Where the state has no report for a month, we say so instead of guessing.