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Texas oil lease

Producing

HICKMAN O

Hickman O is an oil lease in Reagan County, Texas, operated by Discovery Natural Resources LLC in the Spraberry (Trend Area) field.

1 well

7,400bbl oil, last 12 months−2% vs prior year
Operator
Discovery Natural Resources LLC
County
Reagan County
Field
Spraberry (Trend Area)
RRC lease
7C-19820

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Where it sits

This county

Reagan CountyReaganIrionSterlingUptonMidlandGlasscockReagan County
Reagan County
Gas, last 12 months
158,266 mcf
Oil in Jul 2026
612 bbl

Production by month

Oil output held steady over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output held steady over the last 12 monthsMonthly oil production and gas for HICKMAN O, Aug 2023 to Jul 2026. Oil output held steady over the last 12 months. 7,400 bbl in the 12 months through Jul 2026, against 7,587 bbl in the 12 months before.Last 12 months: 7,400 bblbbl per monthmcf per month002505,00050010k75015k1,00020k1,25025kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output held steady over the last 12 monthsMonthly oil production and gas for HICKMAN O, Aug 2023 to Jul 2026. Oil output held steady over the last 12 months. 7,400 bbl in the 12 months through Jul 2026, against 7,587 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002505,00050010k75015k1,00020k1,25025kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Apr 2025 the lease's gas goes to a processing plant instead of lease fuel

Flaring peaked at 17.2% of the gas in Jul 2024.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
Since Apr 2025 the lease's gas goes to a processing plant instead of lease fuelShare of HICKMAN O gas by disposition code each month, Aug 2023 to Jul 2026. Since Apr 2025 the lease's gas goes to a processing plant instead of lease fuel. Flaring peaked at 17.2% of the gas in Jul 2024.Share of the lease’s gas by disposition code, per month0%50%100%Apr 2025: fuel to plantFlared 17.2%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Apr 2025 the lease's gas goes to a processing plant instead of lease fuelShare of HICKMAN O gas by disposition code each month, Aug 2023 to Jul 2026. Since Apr 2025 the lease's gas goes to a processing plant instead of lease fuel. Flaring peaked at 17.2% of the gas in Jul 2024.Share of gas by disposition code0%50%100%Apr 25: fuel to plantFlared 17.2%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    90% · 143,081 mcf

  • Lease fuel (1)

    7.7% · 12,123 mcf

  • Flared (4)

    1.9% · 3,062 mcf

1.9% of the gas flared in the last 12 months. 6 months above 3%.

1 well on this lease

Wells on HICKMAN O
API numberWell no.Status
42-383-399922074SHActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Medallion Operating Company, LLCOilGathers100Nov 1, 2023–
Canes Midstream G&p LLCCasinghead gasBuys50Aug 1, 2024–
Energy Transfer CompanyCasinghead gasBuys50Aug 1, 2024–
Canes Midstream G&p LLCCasinghead gasGathers50Aug 1, 2024–
Energy Transfer CompanyCasinghead gasGathers50Aug 1, 2024–
Canes Midstream G&p LLCCasinghead gasGathers90Nov 1, 2023Aug 1, 2024
Wtg South Permian Midstream LLCCasinghead gasGathers10Nov 1, 2023Aug 1, 2024
Canes Midstream G&p LLCCasinghead gasBuys90Nov 1, 2023Aug 1, 2024
Wtg South Permian Midstream LLCCasinghead gasBuys10Nov 1, 2023Aug 1, 2024
Wtg South Permian Midstream LLCCasinghead gasGathers100May 1, 2021Nov 1, 2023
Wtg South Permian Midstream LLCCasinghead gasBuys100May 1, 2021Nov 1, 2023

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

Who buys my oilOil price check

2,091.80 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.

  • 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.

Check your decimal on this lease
Permits for Hickman O
API numberWell no.Acreson the permit
42-383-399922074SH2,091.80

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

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for HICKMAN O
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202661261118,84317,535250$80.46$2.89
Jun 202658058117,08115,939164$84.81$3.15
May 202648748513,76212,362584$102.13$2.94
Apr 202650750914,51313,48779$100.32$2.77
Mar 202657858116,28814,862177$91.38$3.04
Feb 20261,0321,03411,66810,512281$64.51$3.62
Jan 202659359313,86512,326327$60.04$7.72
Dec 202568167514,59012,801403$57.97$4.26
Nov 20255025028,4907,378241$60.06$3.79
Oct 202564264413,96212,412277$60.89$3.19
Sep 20256306288,5487,66086$63.96$2.97
Aug 20255565566,6565,807193$64.86$2.91
Jul 202565265612,87011,075521$68.39$3.20
Jun 202561962014,14711,881630$68.17$3.02
May 202563967511,6999,288826$62.17$3.12
Apr 202555162613,20811,598195$63.54$3.42
Mar 202579067618,4108,958263$68.24$4.12
Feb 20253533797,2486,0350$71.53$4.19
Jan 202558358414,72114,432139$75.74$4.13
Dec 202461761114,22814,03637$70.12$3.01
Nov 202462462614,32714,073104$69.95$2.12
Oct 202467968614,80914,60153$71.99$2.20
Sep 202472972215,46915,27148$70.24$2.28
Aug 202475175317,53516,0431,337$76.68$1.99
Jul 202468168816,90613,8472,914$81.80$2.07
Jun 202477477414,67714,5270$79.77$2.54
May 202479978815,02314,474394$80.02$2.12
Apr 202467467811,84711,67527$85.35$1.60
Mar 202473574511,01310,8417$81.28$1.49
Feb 202493493919,13018,6490$77.25$1.72
Jan 20241,2021,19722,56921,60414$74.15$3.18
Dec 202396696218,90317,9290$71.90$2.52
Nov 202383283520,26519,18815$77.69$2.71
Oct 202381380421,10220,06642$85.64$2.98
Sep 20238999022,7632,29862$89.43$2.64
Aug 20239949928,6718,22133$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

OperatorDiscovery Natural Resources LLCFieldSpraberry (Trend Area)CountyReagan County

Discovery Natural Resources LLC in Reagan County

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Spraberry (Trend Area) field

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