Skip to content
Royalty Clerk

Texas oil lease

Producing

OLD HICKORY STATE

Old Hickory State is an oil lease in Reeves County, Texas, operated by U.S. Energy Development Corp in the Phantom (Wolfcamp) field.

2 wells

38,013bbl oil, last 12 months+9% vs prior year
Operator
U.S. Energy Development Corp
County
Reeves County
Field
Phantom (Wolfcamp)
RRC lease
08-45421

Is your check right?

Check my statement

Where it sits

This county

Reeves CountyReevesWinklerWardLovingReeves County
Reeves County
Gas, last 12 months
62,136 mcf
Oil in Jul 2026
1,458 bbl

Checks stopped on this lease?

  • Operator

    Operator changed: U.S. Energy Development Corp took over from Cog Operating LLC in Apr 2025.

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

See why checks stop on this lease

Production by month

Oil output rose 9% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 9% over the last 12 monthsMonthly oil production and gas for OLD HICKORY STATE, Aug 2023 to Jul 2026. Oil output rose 9% over the last 12 months. 38,013 bbl in the 12 months through Jul 2026, against 35,006 bbl in the 12 months before.Last 12 months: 38,013 bblbbl per monthmcf per month002,0002,5004,0005,0006,0007,5008,00010kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 9% over the last 12 monthsMonthly oil production and gas for OLD HICKORY STATE, Aug 2023 to Jul 2026. Oil output rose 9% over the last 12 months. 38,013 bbl in the 12 months through Jul 2026, against 35,006 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002,0002,5004,0005,0006,0007,5008,00010kJan 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 transmission line instead of a processing plant

Flaring peaked at 5.7% of the gas in Apr 2026.

  • Processing plant (3)
  • Transmission line (2)
  • Flared (4)
Since Apr 2025 the lease's gas goes to a transmission line instead of a processing plantShare of OLD HICKORY STATE gas by disposition code each month, Aug 2023 to Jul 2026. Since Apr 2025 the lease's gas goes to a transmission line instead of a processing plant. Flaring peaked at 5.7% of the gas in Apr 2026.Share of the lease’s gas by disposition code, per month0%50%100%Apr 2025: plant to lineFlared 5.7%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Apr 2025 the lease's gas goes to a transmission line instead of a processing plantShare of OLD HICKORY STATE gas by disposition code each month, Aug 2023 to Jul 2026. Since Apr 2025 the lease's gas goes to a transmission line instead of a processing plant. Flaring peaked at 5.7% of the gas in Apr 2026.Share of gas by disposition code0%50%100%Apr 25: plant to lineFlared 5.7%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    99% · 61,269 mcf

  • Flared (4)

    1.4% · 867 mcf

1.4% of the gas flared in the last 12 months. 3 months above 3%.

Who has run this lease

The operator changed once, most recently in Apr 2025

Operators of this lease over timeCog Operating LLC, Jan 2020 to Mar 2025; U.S. Energy Development Corp, Apr 2025 to Jul 20262020202120222023202420252026Changed Apr 2025Cog Operating LLCJan 2020 to Mar 2025U.S. Energy Development CorpApr 2025 to now
Operators of this lease over timeCog Operating LLC, Jan 2020 to Mar 2025; U.S. Energy Development Corp, Apr 2025 to Jul 20262020202120222023202420252026Changed Apr 2025Cog Operating LLCJan 2020 to Mar 2025U.S. Energy Development CorpApr 2025 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

2 wells on this lease

Wells on OLD HICKORY STATE
API numberWell no.Status
42-389-340221503HActive
42-389-340541404HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Oryx Delaware Oil Transport LLCOilGathers100Apr 1, 2025–
Energy Transfer CompanyCasinghead gasBuys100Apr 1, 2025–
Energy Transfer CompanyCasinghead gasGathers100Apr 1, 2025–
Energy Transfer CompanyCasinghead gasGathers25Nov 1, 2015Apr 1, 2025
Penntex Permian, LLCCasinghead gasGathers75Mar 7, 2015Apr 1, 2025
Energy Transfer CompanyCasinghead gasBuys25Nov 1, 2015Apr 1, 2025
Penntex Permian, LLCCasinghead gasBuys75Mar 7, 2015Apr 1, 2025
Enterprise Crude Oil LLCOilGathers100Feb 2, 2014Apr 1, 2025

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

Who buys my oilOil price check

399.80 acres on the newest permit

  • Good to know

    The wells on this lease state different acreage

    The permits state between 159.9 and 399.8 acres. Use the acres from your own division order for the well you are paid on.

  • 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 Old Hickory State
API numberWell no.Acreson the permit
42-389-340541404H399.80
42-389-340221503H159.90

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

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for OLD HICKORY STATE
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026U.S. Energy1,4581,5422,8132,74073$80.46$2.89
Jun 2026U.S. Energy1,8121,8433,1583,11939$84.81$3.15
May 2026U.S. Energy3,1693,3165,6965,6960$102.13$2.94
Apr 2026U.S. Energy3,3993,4326,3535,993360$100.32$2.77
Mar 2026U.S. Energy3,9114,0007,9337,9321$91.38$3.04
Feb 2026U.S. Energy3,8883,7416,4416,4410$64.51$3.62
Jan 2026U.S. Energy4,7094,7877,5437,5430$60.04$7.72
Dec 2025U.S. Energy5,4035,1488,0808,0800$57.97$4.26
Nov 2025U.S. Energy2,1902,2792,6712,531140$60.06$3.79
Oct 2025U.S. Energy2,8072,7513,8733,689184$60.89$3.19
Sep 2025U.S. Energy2,5702,6203,2463,17670$63.96$2.97
Aug 2025U.S. Energy2,6972,8424,3294,3290$64.86$2.91
Jul 2025U.S. Energy2,6502,5724,2544,2540$68.39$3.20
Jun 2025U.S. Energy3,5253,3974,6904,6900$68.17$3.02
May 2025U.S. Energy3,4373,4464,7454,7450$62.17$3.12
Apr 2025U.S. Energy6906481,0221,0220$63.54$3.42
Mar 2025Cog Operating135135000$68.24$4.12
Feb 2025Cog Operating1,9121,9763,1003,1000$71.53$4.19
Jan 2025Cog Operating3,0463,0134,6504,6500$75.74$4.13
Dec 2024Cog Operating4,4494,5817,1737,1730$70.12$3.01
Nov 2024Cog Operating4,2484,0966,6436,6430$69.95$2.12
Oct 2024Cog Operating2,7432,7153,7373,7370$71.99$2.20
Sep 2024Cog Operating3,8823,8886,6486,6480$70.24$2.28
Aug 2024Cog Operating4,2894,3176,4516,4510$76.68$1.99
Jul 2024Cog Operating3,7293,5825,2085,2080$81.80$2.07
Jun 2024Cog Operating2,3772,5183,8743,8740$79.77$2.54
May 2024Cog Operating2,8412,728000$80.02$2.12
Apr 2024Cog Operating232000$85.35$1.60
Mar 2024Cog Operating3,7343,8516,3806,3800$81.28$1.49
Feb 2024Cog Operating4,9014,7097,5257,5250$77.25$1.72
Jan 2024Cog Operating5,4606,4827,8757,8750$74.15$3.18
Dec 2023Cog Operating4,4483,6865,6575,6570$71.90$2.52
Nov 2023Cog Operating3,0733,0933,6553,6550$77.69$2.71
Oct 2023Cog Operating1,3611,4711,9461,9460$85.64$2.98
Sep 2023Cog Operating1,0698841,0521,0520$89.43$2.64
Aug 2023Cog Operating9079999439430$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 reasons

Do your checks match this lease?

Check my statement

Nearby

This lease belongs to

OperatorU.S. Energy Development CorpFieldPhantom (Wolfcamp)CountyReeves County

U.S. Energy Development Corp in Reeves County

All U.S. Energy Development Corp leases →

Phantom (Wolfcamp) field

All leases in this field →

Leases within 10 km

Drilling permits within 10 km