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Texas oil lease

Producing

HICKMAN P

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

1 well

4,050bbl oil, last 12 months−48% vs prior year
Operator
Discovery Natural Resources LLC
County
Reagan County
Field
Spraberry (Trend Area)
RRC lease
7C-19806

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Where it sits

This county

Reagan CountyReaganIrionSterlingUptonMidlandGlasscockReagan County
Reagan County
Gas, last 12 months
72,183 mcf
Oil in Jul 2026
529 bbl

Production by month

Oil output fell 48% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 48% over the last 12 monthsMonthly oil production and gas for HICKMAN P, Aug 2023 to Jul 2026. Oil output fell 48% over the last 12 months. 4,050 bbl in the 12 months through Jul 2026, against 7,803 bbl in the 12 months before.Last 12 months: 4,050 bblbbl per monthmcf per month005005,0001,00010k1,50015k2,00020kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 48% over the last 12 monthsMonthly oil production and gas for HICKMAN P, Aug 2023 to Jul 2026. Oil output fell 48% over the last 12 months. 4,050 bbl in the 12 months through Jul 2026, against 7,803 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005005,0001,00010k1,50015k2,00020kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

91% of the gas went to a processing plant in the last 12 months

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

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
91% of the gas went to a processing plant in the last 12 monthsShare of HICKMAN P gas by disposition code each month, Aug 2023 to Jul 2026. 91% of the gas went to a processing plant in the last 12 months. Flaring peaked at 17.2% of the gas in Jul 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 17.2%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
91% of the gas went to a processing plant in the last 12 monthsShare of HICKMAN P gas by disposition code each month, Aug 2023 to Jul 2026. 91% of the gas went to a processing plant in the last 12 months. Flaring peaked at 17.2% of the gas in Jul 2024.Share of gas by disposition code0%50%100%Flared 17.2%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    91% · 65,812 mcf

  • Lease fuel (1)

    6.9% · 4,953 mcf

  • Flared (4)

    2.0% · 1,418 mcf

2.0% of the gas flared in the last 12 months. 6 months above 3%.

1 well on this lease

Wells on HICKMAN P
API numberWell no.Status
42-383-399932075ASActive

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

An allocation well is on this lease

Permits for Hickman P
API numberWell no.Acreson the permit
42-383-399932075AS2,091.80

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

Unit decimal checker

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36 months, newest first

Ledger for HICKMAN P
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20265295285,5065,16674$80.46$2.89
Jun 20264414413,6263,41435$84.81$3.15
May 20263563574,2973,901184$102.13$2.94
Apr 202652952610,65710,00759$100.32$2.77
Mar 20262362346,6346,11173$91.38$3.04
Feb 20261071106,7376,144164$64.51$3.62
Jan 20262092076,3685,719152$60.04$7.72
Dec 20251181186,1345,440171$57.97$4.26
Nov 20252202216,9876,181202$60.06$3.79
Oct 20253403426,8016,114136$60.89$3.19
Sep 20253994014,2113,84143$63.96$2.97
Aug 20255665654,2253,774125$64.86$2.91
Jul 20256376425,9675,198244$68.39$3.20
Jun 20256706696,2335,290281$68.17$3.02
May 20255906003,0832,479220$62.17$3.12
Apr 202524025959521$63.54$3.42
Mar 202525623022110$68.24$4.12
Feb 20255756157,2946,1500$71.53$4.19
Jan 202589188113,97313,840133$75.74$4.13
Dec 202475975116,50816,31043$70.12$3.01
Nov 202476576617,53917,262127$69.95$2.12
Oct 202477278017,29317,07662$71.99$2.20
Sep 202485384216,17915,97950$70.24$2.28
Aug 202479580017,79916,2871,357$76.68$1.99
Jul 202477678317,31614,1902,986$81.80$2.07
Jun 202486286515,10914,9590$79.77$2.54
May 202495594915,77015,201414$80.02$2.12
Apr 202498098115,01914,83534$85.35$1.60
Mar 202498197812,59712,4229$81.28$1.49
Feb 202487789213,09112,7170$77.25$1.72
Jan 20241,3841,4079,7789,2756$74.15$3.18
Dec 20231,7661,7449,9429,3600$71.90$2.52
Nov 20231,1951,19111,37210,7099$77.69$2.71
Oct 20231,0161,00312,51411,84425$85.64$2.98
Sep 20231,0441,0512,0411,66345$89.43$2.64
Aug 20231,2731,25414,77914,11756$81.39$2.58

Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 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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