HICKS 187
HICKS 187 is a Texas oil lease in Nolan County, Railroad Commission district 7B, operated by Cinnabar Operating, LLC. It has 1 wellbore on file with the Commission. Reported production runs from June 2015 to August 2026, totalling 21,117 barrels. 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 $257K, with roughly $49K 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 70 barrels a month. Its strongest month on the record we hold was May 2016, at 335 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 187
- Who operates HICKS 187?
- HICKS 187 is operated by Cinnabar Operating, LLC, Railroad Commission of Texas operator number 153510.
- Where is HICKS 187?
- HICKS 187 is a Texas oil lease in Nolan County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 31823.
- Is HICKS 187 still producing?
- HICKS 187 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HICKS 187 is August 2026.
- How much has HICKS 187 produced?
- HICKS 187 has reported 21,117 barrels of oil (bbl) to the Railroad Commission of Texas between June 2015 and August 2026, from 1 wellbore.
- How much is HICKS 187 worth?
- The remaining production from HICKS 187 is estimated to be worth about $257K in total as of 26 August 2026, within a range of $142K to $373K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HICKS 187 is a fraction of it. The estimate fits an Arps decline curve to the production HICKS 187 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HICKS 187 is an estimate of value, not an offer and not an appraisal.
- How much income does HICKS 187 generate in a year?
- HICKS 187 is forecast to net about $49K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HICKS 187 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Cinnabar Operating, LLC |
|---|---|
| Field | Hat Top Mountain, N. (Cook Lime) |
| County | Nolan County, Texas |
| RRC district | 7B |
| Lease number | 31823 |
| Wellbores | 1 |
| Reported production | 21,117 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $257K |
Where HICKS 187 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.