HICKS-SHIVERS
HICKS-SHIVERS is a Texas gas lease in Panola County, Railroad Commission district 06, operated by R. Lacy Services, Ltd. It has 1 wellbore on file with the Commission. Reported production runs from August 2018 to August 2026, totalling 7,155,087 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 $3.4M, with roughly $662K 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 29,728 thousand cubic feet a month. Its strongest month on the record we hold was October 2019, at 290,630 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 18% 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-SHIVERS
- Who operates HICKS-SHIVERS?
- HICKS-SHIVERS is operated by R. Lacy Services, Ltd., Railroad Commission of Texas operator number 687208.
- Where is HICKS-SHIVERS?
- HICKS-SHIVERS is a Texas gas lease in Panola County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 287150.
- Is HICKS-SHIVERS still producing?
- HICKS-SHIVERS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HICKS-SHIVERS is August 2026.
- How much has HICKS-SHIVERS produced?
- HICKS-SHIVERS has reported 7,155,087 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between August 2018 and August 2026, from 1 wellbore.
- How much is HICKS-SHIVERS worth?
- The remaining production from HICKS-SHIVERS is estimated to be worth about $3.4M in total as of 27 August 2026, within a range of $2.8M to $4.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HICKS-SHIVERS is a fraction of it. The estimate fits an Arps decline curve to the production HICKS-SHIVERS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HICKS-SHIVERS is an estimate of value, not an offer and not an appraisal.
- How much income does HICKS-SHIVERS generate in a year?
- HICKS-SHIVERS is forecast to net about $662K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in HICKS-SHIVERS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | R. Lacy Services, Ltd. |
|---|---|
| Field | Carthage (Haynesville Shale) |
| County | Panola County, Texas |
| RRC district | 06 |
| Lease number | 287150 |
| Wellbores | 1 |
| Reported production | 7,155,087 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.4M |
Where HICKS-SHIVERS 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.