Texas oil lease
ProducingHICKMAN, N. W., "B"
Hickman, N. W., "B" is an oil lease in Reagan County, Texas, operated by L & M Operating, Inc. in the Price (Grayburg) field.
2 wells
- Operator
- L & M Operating, Inc.
- County
- Reagan County
- Field
- Price (Grayburg)
- RRC lease
- 7C-01201
Is your check right?
Where it sits
This county
- Gas, last 12 months
- 668 mcf
- Oil in Jul 2026
- 18 bbl
Production by month
Oil output fell 3% 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
All of the gas went to flaring in the last 12 months
Flaring peaked at 100.0% of the gas in Aug 2023.
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
100.0% of the gas flared in the last 12 months. 36 months above 3%.
2 wells on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-383-33894 | 2 | Active |
| 42-383-33944 | 3 | Active |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From |
|---|---|---|---|---|
| Shell Trading (Us) Company | Oil | Gathers | 100 | Jan 1, 2011 |
| Davis Gas Processing, Inc. | Casinghead gas | Buys | 100 | Jan 1, 2011 |
| Davis Gas Processing, Inc. | Casinghead gas | Gathers | 100 | Jan 1, 2011 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
40 acres on the newest permit
- Worth asking
A Rule 37 case is listed
The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-383-33944 | 3 | Jun 6, 1989 | Apr 27, 1989 | 40 |
| 42-383-33894 | 2 | Jun 6, 1988 | Oct 5, 1988 | 40 |
| 42-383-00802 | 1 | – | – | – |
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 2026 | 18 | 0 | 62 | 0 | 62 | $80.46 | $2.89 |
| Jun 2026 | 52 | 167 | 61 | 0 | 61 | $84.81 | $3.15 |
| May 2026 | 48 | 0 | 62 | 0 | 62 | $102.13 | $2.94 |
| Apr 2026 | 55 | 0 | 60 | 0 | 60 | $100.32 | $2.77 |
| Mar 2026 | 47 | 0 | 61 | 0 | 61 | $91.38 | $3.04 |
| Feb 2026 | 51 | 167 | 60 | 0 | 60 | $64.51 | $3.62 |
| Jan 2026 | 40 | 0 | 61 | 0 | 61 | $60.04 | $7.72 |
| Dec 2025 | 47 | 0 | 60 | 0 | 60 | $57.97 | $4.26 |
| Nov 2025 | 50 | 169 | 60 | 0 | 60 | $60.06 | $3.79 |
| Oct 2025 | 12 | 0 | 30 | 0 | 30 | $60.89 | $3.19 |
| Sep 2025 | 56 | 0 | 60 | 0 | 60 | $63.96 | $2.97 |
| Aug 2025 | 51 | 0 | 31 | 0 | 31 | $64.86 | $2.91 |
| Jul 2025 | 43 | 167 | 30 | 0 | 30 | $68.39 | $3.20 |
| Jun 2025 | 40 | 0 | 28 | 0 | 28 | $68.17 | $3.02 |
| May 2025 | 49 | 0 | 40 | 0 | 40 | $62.17 | $3.12 |
| Apr 2025 | 56 | 0 | 62 | 0 | 62 | $63.54 | $3.42 |
| Mar 2025 | 66 | 166 | 20 | 0 | 20 | $68.24 | $4.12 |
| Feb 2025 | 30 | 0 | 22 | 0 | 22 | $71.53 | $4.19 |
| Jan 2025 | 50 | 0 | 30 | 0 | 30 | $75.74 | $4.13 |
| Dec 2024 | 30 | 169 | 50 | 0 | 50 | $70.12 | $3.01 |
| Nov 2024 | 40 | 0 | 35 | 0 | 35 | $69.95 | $2.12 |
| Oct 2024 | 53 | 0 | 48 | 0 | 48 | $71.99 | $2.20 |
| Sep 2024 | 58 | 0 | 42 | 0 | 42 | $70.24 | $2.28 |
| Aug 2024 | 29 | 168 | 28 | 0 | 28 | $76.68 | $1.99 |
| Jul 2024 | 68 | 0 | 20 | 0 | 20 | $81.80 | $2.07 |
| Jun 2024 | 40 | 0 | 20 | 0 | 20 | $79.77 | $2.54 |
| May 2024 | 47 | 167 | 15 | 0 | 15 | $80.02 | $2.12 |
| Apr 2024 | 52 | 0 | 17 | 0 | 17 | $85.35 | $1.60 |
| Mar 2024 | 48 | 0 | 30 | 0 | 30 | $81.28 | $1.49 |
| Feb 2024 | 50 | 0 | 15 | 0 | 15 | $77.25 | $1.72 |
| Jan 2024 | 10 | 0 | 12 | 0 | 12 | $74.15 | $3.18 |
| Dec 2023 | 3 | 162 | 20 | 0 | 20 | $71.90 | $2.52 |
| Nov 2023 | 2 | 0 | 5 | 0 | 5 | $77.69 | $2.71 |
| Oct 2023 | 61 | 0 | 28 | 0 | 28 | $85.64 | $2.98 |
| Sep 2023 | 29 | 0 | 30 | 0 | 30 | $89.43 | $2.64 |
| Aug 2023 | 60 | 0 | 30 | 0 | 30 | $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.
How to check your stub against this lease Checks stopped on this lease? See the likely reasonsDo your checks match this lease?
Nearby
This lease belongs to
L & M Operating, Inc. in Reagan County
- TEXAS -Z-
1,825 bbl
- UNIVERSITY -R-
1,700 bbl
- UNIVERSITY LANDS /2-49/
1,627 bbl
- THOMASON, UNIVERSITY
1,122 bbl
- UNIVERSITY "49-1"
912 bbl
- STATE -16-
940 bbl
- STATE -WW-
815 bbl
- STATE "WX"
409 bbl
- GBG
361 bbl
- HICKMAN, N. W. -A-
238 bbl
Price (Grayburg) field
- UNIVERSITY "49-1"
912 bbl
- HICKMAN
945 bbl
- JOHNSON, M. C.
783 bbl
- TXL
712 bbl
- HICKMAN
405 bbl
- UNIVERSITY "A"
294 bbl
- UNIVERSITY "49-2"
299 bbl
- UNIVERSITY "48-6"
283 bbl
- HICKMAN, N. W. -A-
238 bbl
- HUSKY
189 bbl
Leases within 10 km
- HICKMAN "D"
473 bbl · 0.3 km
- HICKMAN, N. W. -B-
1,004 bbl · 0.3 km
- T. X. L.
60 bbl · 0.5 km
- TXL
712 bbl · 0.5 km
- MILLER -226-
108 bbl · 0.6 km
- HICKMAN, N.W. -A-
603 bbl · 0.6 km
- MILLER
0 bbl · 0.8 km
- HICKMAN "B"
396 bbl · 1 km
- HICKMAN "E"
383 bbl · 1.1 km
- TXL -A-
51 bbl · 1.2 km
Drilling permits within 10 km
BIG GULP SWD 9 #1D
new drill · RP Operating, L.L.C. · Reagan County · 6.7 km
Permit 0912887 · Jan 20, 2026
HICKMAN CT #2212UB
new drill · horizontal · Discovery Natural Resources LLC · Reagan County · 7.8 km
Permit 0907959 · May 13, 2025
HICKMAN BT #2211UB
new drill · horizontal · Discovery Natural Resources LLC · Reagan County · 7.8 km
Permit 0907958 · May 13, 2025
UNIVERSITY CR 31-19 LB #3H
new drill · horizontal · RP Operating, L.L.C. · Reagan County · 9.3 km
Permit 0907100 · Apr 7, 2025
TANGELO D 1-4 #4H
new drill · horizontal · RP Operating, L.L.C. · Reagan County · 4.5 km
Permit 0906142 · Feb 27, 2025