HICKS, O.B. GAS UNIT
HICKS, O.B. GAS UNIT is a Texas gas lease in Panola County, Railroad Commission district 06, operated by Arco Oil & Gas Co. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 3,281,972 thousand cubic feet. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $48K, with roughly $12K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 656 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 4,667 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 22% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about HICKS, O.B. GAS UNIT
- Who operates HICKS, O.B. GAS UNIT?
- HICKS, O.B. GAS UNIT is operated by Arco Oil & Gas Co., Railroad Commission of Texas operator number 029340.
- Where is HICKS, O.B. GAS UNIT?
- HICKS, O.B. GAS UNIT is a Texas gas lease in Panola County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 137027.
- Is HICKS, O.B. GAS UNIT still producing?
- HICKS, O.B. GAS UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HICKS, O.B. GAS UNIT is August 2026.
- How much has HICKS, O.B. GAS UNIT produced?
- HICKS, O.B. GAS UNIT has reported 3,281,972 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is HICKS, O.B. GAS UNIT worth?
- The remaining production from HICKS, O.B. GAS UNIT is estimated to be worth about $48K in total as of 26 August 2026, within a range of $38K to $59K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HICKS, O.B. GAS UNIT is a fraction of it. The estimate fits an Arps decline curve to the production HICKS, O.B. GAS UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HICKS, O.B. GAS UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does HICKS, O.B. GAS UNIT generate in a year?
- HICKS, O.B. GAS UNIT is forecast to net about $12K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HICKS, O.B. GAS UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Arco Oil & Gas Co. |
|---|---|
| Field | Carthage (Travis Peak-Collins) |
| County | Panola County, Texas |
| RRC district | 06 |
| Lease number | 137027 |
| Wellbores | 1 |
| Reported production | 3,281,972 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $48K |
Where HICKS, O.B. GAS UNIT sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.