HICKMAN C

HICKMAN C 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 2023 to August 2026, totalling 6,781 barrels. The lease is intermittent. 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 $218K, with roughly $41K 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 565 barrels a month. Its strongest month on the record we hold was July 2025, at 3,914 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 C

Who operates HICKMAN C?
HICKMAN C is operated by Discovery Natural Resources LLC, Railroad Commission of Texas operator number 220855.
Where is HICKMAN C?
HICKMAN C is a Texas oil lease in Reagan County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 22397.
Is HICKMAN C still producing?
HICKMAN C is intermittent. The most recent month of production reported to the Railroad Commission of Texas for HICKMAN C is August 2026.
How much has HICKMAN C produced?
HICKMAN C has reported 6,781 barrels of oil (bbl) to the Railroad Commission of Texas between October 2023 and August 2026, from 1 wellbore.
How much is HICKMAN C worth?
The remaining production from HICKMAN C is estimated to be worth about $218K in total as of 27 August 2026, within a range of $170K to $266K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HICKMAN C is a fraction of it. The estimate fits an Arps decline curve to the production HICKMAN C has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HICKMAN C is an estimate of value, not an offer and not an appraisal.
How much income does HICKMAN C generate in a year?
HICKMAN C is forecast to net about $41K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in HICKMAN C receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

HICKMAN C as filed with the Railroad Commission of Texas
OperatorDiscovery Natural Resources LLC
FieldSpraberry (Trend Area)
CountyReagan County, Texas
RRC district7C
Lease number22397
Wellbores1
Reported production6,781 bbl
First reported
Last reported
Estimated royalty value$218K

Where HICKMAN C 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.