HICKS 23
HICKS 23 is a Texas gas lease in Sutton County, Railroad Commission district 7C, operated by Highmount Expl & Prod Texas LLC. It has 1 wellbore on file with the Commission. Reported production runs from September 2006 to August 2026, totalling 238,095 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 $59K, with roughly $9K 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 385 thousand cubic feet a month. Its strongest month on the record we hold was September 2019, at 849 thousand cubic feet. 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 23
- Who operates HICKS 23?
- HICKS 23 is operated by Highmount Expl & Prod Texas LLC, Railroad Commission of Texas operator number 385842.
- Where is HICKS 23?
- HICKS 23 is a Texas gas lease in Sutton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 235065.
- Is HICKS 23 still producing?
- HICKS 23 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HICKS 23 is August 2026.
- How much has HICKS 23 produced?
- HICKS 23 has reported 238,095 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between September 2006 and August 2026, from 1 wellbore.
- How much is HICKS 23 worth?
- The remaining production from HICKS 23 is estimated to be worth about $59K in total as of 26 August 2026, within a range of $46K to $72K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HICKS 23 is a fraction of it. The estimate fits an Arps decline curve to the production HICKS 23 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HICKS 23 is an estimate of value, not an offer and not an appraisal.
- How much income does HICKS 23 generate in a year?
- HICKS 23 is forecast to net about $9K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HICKS 23 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Highmount Expl & Prod Texas LLC |
|---|---|
| Field | Sawyer (Canyon) |
| County | Sutton County, Texas |
| RRC district | 7C |
| Lease number | 235065 |
| Wellbores | 1 |
| Reported production | 238,095 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $59K |
Where HICKS 23 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.