HICKMAN AL04
HICKMAN AL04 is a Texas oil lease in Reagan County, Railroad Commission district 7C, operated by Discovery Natural Resources LLC. It has 1 wellbore on file with the Commission. Reported production runs from October 2018 to August 2026, totalling 97,280 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 $1.6M, with roughly $233K 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 126 barrels a month. Its strongest month on the record we hold was April 2019, at 12,303 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 AL04
- Who operates HICKMAN AL04?
- HICKMAN AL04 is operated by Discovery Natural Resources LLC, Railroad Commission of Texas operator number 220855.
- Where is HICKMAN AL04?
- HICKMAN AL04 is a Texas oil lease in Reagan County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 20149.
- Is HICKMAN AL04 still producing?
- HICKMAN AL04 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HICKMAN AL04 is August 2026.
- How much has HICKMAN AL04 produced?
- HICKMAN AL04 has reported 97,280 barrels of oil (bbl) to the Railroad Commission of Texas between October 2018 and August 2026, from 1 wellbore.
- How much is HICKMAN AL04 worth?
- The remaining production from HICKMAN AL04 is estimated to be worth about $1.6M in total as of 27 August 2026, within a range of $1.2M to $1.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HICKMAN AL04 is a fraction of it. The estimate fits an Arps decline curve to the production HICKMAN AL04 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HICKMAN AL04 is an estimate of value, not an offer and not an appraisal.
- How much income does HICKMAN AL04 generate in a year?
- HICKMAN AL04 is forecast to net about $233K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in HICKMAN AL04 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Discovery Natural Resources LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Reagan County, Texas |
| RRC district | 7C |
| Lease number | 20149 |
| Wellbores | 1 |
| Reported production | 97,280 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.6M |
Where HICKMAN AL04 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.