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Texas oil lease

Producing

HICKMAN, N. W. -A-

Hickman, N. W. -A- is an oil lease in Reagan County, Texas, operated by L & M Operating, Inc. in the Price (Grayburg) field.

3 wells

238bbl oil, last 12 months−10% vs prior year
Operator
L & M Operating, Inc.
County
Reagan County
Field
Price (Grayburg)
RRC lease
7C-02728

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Where it sits

This county

Reagan CountyReaganIrionSterlingUptonMidlandGlasscockReagan County
Reagan County
Gas, last 12 months
12 mcf
Oil in Jul 2026
18 bbl

Production by month

Oil output fell 10% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 10% over the last 12 monthsMonthly oil production and gas for HICKMAN, N. W. -A-, Aug 2023 to Jul 2026. Oil output fell 10% over the last 12 months. 238 bbl in the 12 months through Jul 2026, against 263 bbl in the 12 months before.Last 12 months: 238 bblbbl per monthmcf per month00100200301401501Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 10% over the last 12 monthsMonthly oil production and gas for HICKMAN, N. W. -A-, Aug 2023 to Jul 2026. Oil output fell 10% over the last 12 months. 238 bbl in the 12 months through Jul 2026, against 263 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00100200301401501Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to flaring in the last 12 months

Flaring peaked at 100.0% of the gas in Aug 2023.

All of the gas went to flaring in the last 12 monthsShare of HICKMAN, N. W. -A- gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to flaring in the last 12 months. Flaring peaked at 100.0% of the gas in Aug 2023.Share of the lease’s gas by disposition code, per month0%50%100%Flared 100.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to flaring in the last 12 monthsShare of HICKMAN, N. W. -A- gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to flaring in the last 12 months. Flaring peaked at 100.0% of the gas in Aug 2023.Share of gas by disposition code0%50%100%Flared 100.0%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

100.0% of the gas flared in the last 12 months. 36 months above 3%.

3 wells on this lease

Wells on HICKMAN, N. W. -A-
API numberWell no.Status
42-383-014561Active
42-383-014592Active
42-383-329683Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Shell Trading (Us) CompanyOilGathers100Jan 1, 2011
Davis Gas Processing, Inc.Casinghead gasBuys100Jan 1, 2011
Davis Gas Processing, Inc.Casinghead gasGathers100Jan 1, 2011

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

Who buys my oilOil price check

80 acres on the newest permit

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Permits for Hickman, N. W. -A-
API numberWell no.Acreson the permit
42-383-32968380
42-383-014561–
42-383-014592–

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

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36 months, newest first

Ledger for HICKMAN, N. W. -A-
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026180101$80.46$2.89
Jun 202628171101$84.81$3.15
May 2026230101$102.13$2.94
Apr 2026280101$100.32$2.77
Mar 2026270101$91.38$3.04
Feb 2026320101$64.51$3.62
Jan 2026220101$60.04$7.72
Dec 2025310101$57.97$4.26
Nov 2025180101$60.06$3.79
Oct 202510101$60.89$3.19
Sep 202510101$63.96$2.97
Aug 20259162101$64.86$2.91
Jul 2025350101$68.39$3.20
Jun 2025100101$68.17$3.02
May 2025170101$62.17$3.12
Apr 2025210101$63.54$3.42
Mar 2025300101$68.24$4.12
Feb 2025150101$71.53$4.19
Jan 2025250101$75.74$4.13
Dec 20243165101$70.12$3.01
Nov 2024200101$69.95$2.12
Oct 2024320101$71.99$2.20
Sep 2024300101$70.24$2.28
Aug 2024250101$76.68$1.99
Jul 2024390101$81.80$2.07
Jun 202460101$79.77$2.54
May 202418156101$80.02$2.12
Apr 2024250101$85.35$1.60
Mar 2024460101$81.28$1.49
Feb 202490101$77.25$1.72
Jan 2024250101$74.15$3.18
Dec 2023220101$71.90$2.52
Nov 202317168101$77.69$2.71
Oct 202320101$85.64$2.98
Sep 2023490101$89.43$2.64
Aug 2023240101$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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This lease belongs to

OperatorL & M Operating, Inc.FieldPrice (Grayburg)CountyReagan County

L & M Operating, Inc. in Reagan County

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Price (Grayburg) field

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