HICKMAN 206-223 ALLOC C4

HICKMAN 206-223 ALLOC C4 is a Texas oil lease in Reagan County, Railroad Commission district 7C, operated by Sable Permian Resources, LLC. It has 1 wellbore on file with the Commission. Reported production runs from March 2020 to August 2026, totalling 44,438 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 $1.8M, with roughly $454K 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 363 barrels a month. Its strongest month on the record we hold was March 2020, at 1,286 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 HICKMAN 206-223 ALLOC C4

Who operates HICKMAN 206-223 ALLOC C4?
HICKMAN 206-223 ALLOC C4 is operated by Sable Permian Resources, LLC, Railroad Commission of Texas operator number 742251.
Where is HICKMAN 206-223 ALLOC C4?
HICKMAN 206-223 ALLOC C4 is a Texas oil lease in Reagan County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 20579.
Is HICKMAN 206-223 ALLOC C4 still producing?
HICKMAN 206-223 ALLOC C4 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HICKMAN 206-223 ALLOC C4 is August 2026.
How much has HICKMAN 206-223 ALLOC C4 produced?
HICKMAN 206-223 ALLOC C4 has reported 44,438 barrels of oil (bbl) to the Railroad Commission of Texas between March 2020 and August 2026, from 1 wellbore.
How much is HICKMAN 206-223 ALLOC C4 worth?
The remaining production from HICKMAN 206-223 ALLOC C4 is estimated to be worth about $1.8M in total as of 27 August 2026, within a range of $1.4M to $2.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HICKMAN 206-223 ALLOC C4 is a fraction of it. The estimate fits an Arps decline curve to the production HICKMAN 206-223 ALLOC C4 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HICKMAN 206-223 ALLOC C4 is an estimate of value, not an offer and not an appraisal.
How much income does HICKMAN 206-223 ALLOC C4 generate in a year?
HICKMAN 206-223 ALLOC C4 is forecast to net about $454K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in HICKMAN 206-223 ALLOC C4 receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

HICKMAN 206-223 ALLOC C4 as filed with the Railroad Commission of Texas
OperatorSable Permian Resources, LLC
FieldSpraberry (Trend Area)
CountyReagan County, Texas
RRC district7C
Lease number20579
Wellbores1
Reported production44,438 bbl
First reported
Last reported
Estimated royalty value$1.8M

Where HICKMAN 206-223 ALLOC C4 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.