HICKS, J. L.
HICKS, J. L. is a Texas oil lease in Nolan County, Railroad Commission district 7B, operated by Humphrey-Bashford Oil, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 71,352 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 $764K, with roughly $147K 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 212 barrels a month. Its strongest month on the record we hold was July 2024, at 1,505 barrels. 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, J. L.
- Who operates HICKS, J. L.?
- HICKS, J. L. is operated by Humphrey-Bashford Oil, Inc., Railroad Commission of Texas operator number 413200.
- Where is HICKS, J. L.?
- HICKS, J. L. is a Texas oil lease in Nolan County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 02924.
- Is HICKS, J. L. still producing?
- HICKS, J. L. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HICKS, J. L. is August 2026.
- How much has HICKS, J. L. produced?
- HICKS, J. L. has reported 71,352 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is HICKS, J. L. worth?
- The remaining production from HICKS, J. L. is estimated to be worth about $764K in total as of 26 August 2026, within a range of $596K to $932K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HICKS, J. L. is a fraction of it. The estimate fits an Arps decline curve to the production HICKS, J. L. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HICKS, J. L. is an estimate of value, not an offer and not an appraisal.
- How much income does HICKS, J. L. generate in a year?
- HICKS, J. L. is forecast to net about $147K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HICKS, J. L. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Humphrey-Bashford Oil, Inc. |
|---|---|
| Field | Hat Top Mountain (Fry Sand) |
| County | Nolan County, Texas |
| RRC district | 7B |
| Lease number | 02924 |
| Wellbores | 1 |
| Reported production | 71,352 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $764K |
Where HICKS, J. L. 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.