HICKMAN, N. W., "B"

Operated by L & M OPERATING, INC. (P-5 480113) in the PRICE (GRAYBURG) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 1201District 7CField 73085500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$1.0 M
Jan 1993 – May 2026
Value, last 12 filed months
$34 k
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
oil, casinghead gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 67 leases and 331 wells, and the rule below applies to all of them.

Discovered
1953-08-25
as the register files it
Field class
Oil
the register's own label
Between wells
933 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: OPTIONAL 20 ACRE UNITS-W/1500' MAX DIAG.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
OilDisposition24,104 bbl$959,429
Casinghead gasProduction31,891 Mcf$89,706
Total$1,049,134

9,510 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (3)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 31.1737, -101.4009. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

31.17393, -101.40085 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
33.3%
1 of 3 wells
With a plug date
33.3%
1 of 3 wells
Median depth
2,600 ft
3 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
133.3%
A plug date is filed
133.3%
BothOn the schedule and plugged. Neither fact cancels the other.
133.3%
NeitherNo plug date, and not on the schedule.
266.7%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

Between 2,471 and 2,630 ft, median 2,600 ft, over the 3 wells that filed a depth.

Completions filed
Oct 1988 – Apr 1989
2 of 3 wells; 1 filed none
Plug dates filed
Sep 1988
1 of 3 wells; 2 filed none

3 wells

42-3830080212,471 ftSep 1988Yes
42-3833394432,630 ftApr 1989
42-3833389422,600 ftOct 1988

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (401)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

401 months

May 2026062106.413.05$189
Apr 202606098.932.87$172
Mar 202606189.753.15$192
Feb 20261676063.503.75$10,830
Jan 202606159.138.00$488
Dec 202506056.664.41$265
Nov 20251696058.593.93$10,137
Oct 202503059.383.30$99
Sep 202506062.743.08$185
Aug 202503163.933.01$93
Jul 20251673066.743.32$11,245
Jun 202502866.483.13$88
May 202504060.553.23$129
Apr 202506262.363.54$220
Mar 20251662067.704.27$11,324
Feb 202502270.884.34$96
Jan 202503074.324.28$128
Dec 20241695068.993.12$11,815
Nov 202403569.052.20$77
Oct 202404871.372.28$110
Sep 202404269.612.36$99
Aug 20241682875.632.06$12,764
Jul 202402079.932.15$43
Jun 202402078.082.63$53
May 20241671578.812.20$13,194
Apr 202401784.451.66$28
Mar 202403080.301.55$46
Feb 202401576.091.78$27
Jan 202401273.023.30$40
Dec 20231622071.262.61$11,596
Nov 20230577.892.81$14
Oct 202302885.443.09$86
Sep 202303089.042.74$82
Aug 202303080.522.67$80
Jul 20231753074.852.64$13,178
Jun 202303268.962.26$72
May 202302870.622.23$62
Apr 20231603078.122.24$12,566
Mar 202303072.852.39$72
Feb 20231652875.112.47$12,462
Jan 202303076.533.39$102
Dec 202202076.415.73$115
Nov 20221661285.005.65$14,178
Oct 202201087.185.86$59
Sep 202201584.888.16$122
Aug 20220894.529.13$73
Jul 202208101.587.54$60
Jun 202216310115.097.98$18,839
May 2022010109.378.43$84
Apr 2022010104.226.84$68
Mar 202215911108.885.08$17,368
Feb 202201191.054.86$53
Jan 202201281.844.54$54
Dec 202101071.323.90$39
Nov 20211661277.435.24$12,916
Oct 202102079.795.71$114
Sep 20210869.865.35$43
Aug 20211701066.024.22$11,266
Jul 202101070.783.98$40
Jun 202111069.493.38$103
May 20211631063.483.02$10,377
Apr 202101260.362.76$33
Mar 20211701461.302.72$10,459
Feb 202101457.805.55$78
Jan 202102050.412.81$56
Dec 20201662044.642.68$7,464
Nov 202001038.772.71$27
Oct 202001036.972.48$25
Sep 202001537.091.99$30
Aug 20201722039.982.39$6,924
Jul 202002038.371.83$37
Jun 202001234.901.69$20
May 20200316.921.81$5
Apr 20201593014.751.80$2,399
Mar 202001530.341.86$28
Feb 20201676049.881.98$8,449
Jan 202007457.252.09$155
Dec 2019010159.012.30$233
Nov 201909655.302.75$264
Oct 20191729853.472.42$9,434
Sep 2019010255.052.66$271
Aug 2019010353.112.30$237
Jul 2019011356.272.46$278
Jun 20191639652.782.49$8,842
May 201907158.482.74$195
Apr 20190462.632.75$11
Mar 2019168356.803.06$9,552
Feb 201905450.852.79$151
Jan 20190246.033.23$6
Dec 2018167646.594.19$7,806
Nov 20180252.934.24$8
Oct 20180461.443.40$14
Sep 201801159.543.11$34
Aug 201804259.403.07$129
Jul 201805065.142.93$147
Jun 201804460.183.08$135
May 201802465.382.90$70
Apr 20181565263.842.90$10,110
Mar 201805161.222.79$142
Feb 201804561.782.77$124
Jan 201804962.874.01$196
Dec 201705557.272.92$161
Nov 201704855.423.12$150
Oct 20171614449.292.98$8,067
Sep 201704947.523.09$151
Aug 201705545.373.00$165
Jul 201706943.873.09$213
Jun 201705242.493.09$161
May 201704645.373.26$150
Apr 20171725047.933.21$8,405
Mar 201705946.772.98$176
Feb 201703350.452.95$97
Jan 201705449.413.42$185
Dec 201605448.763.72$201
Nov 201606542.492.64$172
Oct 201609346.193.09$287
Sep 201605041.553.10$155
Aug 20160141.442.92$3
Jul 201604641.622.92$135
Jun 201606745.352.69$180
May 201606742.521.99$133
Apr 20161646536.561.99$6,125
Mar 201606333.011.79$113
Feb 201605826.472.06$120
Jan 20161867127.352.36$5,255
Dec 201507732.362.00$154
Nov 201505838.792.17$126
Oct 201505143.552.43$124
Sep 201504742.992.76$130
Aug 201506340.162.87$181
Jul 20151646648.152.95$8,091
Jun 201507756.152.88$222
May 201507755.212.96$228
Apr 201506549.822.71$176
Mar 20151684542.892.93$7,338
Feb 201505244.662.98$155
Jan 201507843.433.10$242
Dec 201408554.693.59$305
Nov 20141618370.464.25$11,697
Oct 201408778.303.90$339
Sep 201408686.164.05$348
Aug 201417310889.394.04$15,900
Jul 2014012796.564.18$531
Jun 201405098.164.74$237
May 20141645694.734.73$15,800
Apr 201404095.944.81$192
Mar 201405195.895.06$258
Feb 201406697.406.19$409
Jan 201401590.404.86$73
Dec 201303991.824.35$170
Nov 201304288.853.74$157
Oct 201305197.423.78$193
Sep 2013043104.113.72$160
Aug 2013057104.253.52$201
Jul 2013059102.523.72$219
Jun 201305194.403.93$201
May 201305794.834.15$237
Apr 201305293.964.28$223
Mar 20131798593.623.91$17,091
Feb 201309091.233.42$308
Jan 201308291.603.42$280
Dec 201205686.773.42$192
Nov 201202586.953.62$91
Oct 2012019789.383.40$670
Sep 20120294.672.92$6
Aug 20120292.662.91$6
Jul 201201085.133.02$30
Jun 2012010479.822.52$262
May 201205991.612.49$147
Apr 201202101.652.00$4
Mar 201217936105.052.22$18,884
Feb 2012080101.102.57$206
Jan 20121718698.092.73$17,009
Dec 201108796.873.24$282
Nov 201108495.723.31$278
Oct 2011010384.983.65$376
Sep 20111759083.623.99$14,992
Aug 2011010183.404.15$419
Jul 201108894.144.52$398
Jun 201109392.904.64$432
May 20111788898.134.40$17,855
Apr 2011086105.964.33$373
Mar 201108396.364.06$337
Feb 201108685.644.18$359
Jan 201107386.504.59$335
Dec 20101697385.734.35$14,806
Nov 201007480.843.80$281
Oct 201008878.103.51$309
Sep 2010021972.633.98$872
Aug 20100573.684.42$22
Jul 2010160672.554.74$11,636
Jun 20100570.364.91$25
May 201001571.124.24$64
Apr 201007881.694.12$322
Mar 20101665078.394.39$13,232
Feb 201002273.585.44$120
Jan 201003074.365.96$179
Dec 200902771.445.48$148
Nov 20091733774.593.75$13,043
Oct 200903372.544.11$136
Sep 200903465.543.06$104
Aug 20091713367.423.22$11,635
Jul 200903761.133.46$128
Jun 200903966.163.90$152
May 20091774654.743.93$9,870
Apr 200904946.773.59$176
Mar 200904942.144.06$199
Feb 20091815132.814.63$6,175
Jan 200907235.865.37$387
Dec 200808637.105.98$514
Nov 200803755.496.86$254
Oct 200806575.246.92$450
Sep 200817825101.767.88$18,310
Aug 2008041114.228.48$348
Jul 2008040131.0811.39$456
Jun 2008058131.3313.03$756
May 200817846123.1711.57$22,457
Apr 2008035110.3110.45$366
Mar 2008032101.909.66$309
Feb 200805692.538.77$491
Jan 200806390.388.21$517
Dec 200707888.337.30$570
Nov 20071725391.677.29$16,154
Oct 200705982.856.92$408
Sep 200705175.846.24$318
Aug 200705469.066.39$345
Jul 20071645470.906.39$11,973
Jun 200707162.007.55$536
May 200709058.747.85$706
Apr 20070259.617.81$16
Mar 200706256.927.30$453
Feb 200701555.108.22$123
Jan 20071604950.306.73$8,378
Dec 200605656.656.92$387
Nov 20061717854.207.62$9,862
Oct 200607554.906.01$451
Sep 200603060.085.04$151
Aug 200607668.717.34$558
Jul 200606069.376.34$381
Jun 200608966.286.38$568
May 20061739866.016.42$12,049
Apr 200618264.397.36$668
Mar 200609556.707.08$673
Feb 20061627357.597.75$9,895
Jan 200609260.598.93$822
Dec 200508854.9413.42$1,181
Nov 200507254.6910.59$762
Oct 200502358.3413.80$317
Sep 200501461.4512.08$169
Aug 20051633661.519.80$10,379
Jul 200503755.697.84$290
Jun 200505952.337.38$435
May 20051646445.226.65$7,842
Apr 200507249.207.36$530
Mar 200506550.377.15$465
Feb 200504245.226.31$265
Jan 20051644743.166.32$7,375
Dec 20041586639.866.75$6,743
Nov 200406245.286.33$392
Oct 200407349.706.52$476
Sep 20041627443.245.28$7,396
Aug 200405242.375.55$289
Jul 200405338.286.08$322
Jun 20041606336.106.43$6,181
May 200405937.486.49$383
Apr 20041586134.475.86$5,804
Mar 200407034.365.53$387
Feb 20041636032.455.51$5,620
Jan 200407832.036.30$491
Dec 200306330.266.30$397
Nov 20031586728.804.60$4,858
Oct 200307828.174.76$371
Sep 20031617326.314.75$4,583
Aug 200307729.765.13$395
Jul 20031627529.415.17$5,152
Jun 200317728.565.98$489
May 20031588226.595.97$4,691
Apr 200307226.675.41$389
Mar 20031659731.146.10$5,729
Feb 2003011133.487.93$880
Jan 200316913830.315.58$5,893
Dec 2002014426.914.85$699
Nov 200216410724.664.14$4,487
Oct 200209526.464.23$402
Sep 2002012927.443.64$469
Aug 200216714525.963.16$4,794
Jul 2002012924.583.06$395
Jun 2002012323.733.34$411
May 200204124.663.58$147
Apr 200239023.653.51$387
Mar 20021658922.003.10$3,906
Feb 2002010018.222.38$238
Jan 200216510217.172.38$3,075
Dec 20011668816.932.36$3,018
Nov 200108718.072.41$209
Oct 200117011719.782.53$3,658
Sep 200104524.262.25$101
Aug 20011623324.873.05$4,130
Jul 200106823.933.20$217
Jun 200109724.563.82$371
May 20011728325.524.31$4,747
Apr 2001110824.685.34$601
Mar 2001012324.545.38$661
Feb 20011659627.755.77$5,132
Jan 200109227.478.40$773
Dec 2000010526.889.12$958
Nov 200016510432.215.66$5,903
Oct 200005131.235.15$262
Sep 20001733831.875.19$5,711
Aug 200003429.644.54$154
Jul 20001643828.534.09$4,834
Jun 200004729.304.40$207
May 20001636227.263.68$4,672
Apr 20001805024.513.12$4,568
Mar 2000010928.422.86$312
Feb 20001644527.622.73$4,652
Jan 200017910725.272.48$4,789
Dec 199906524.282.42$158
Nov 19991659023.192.43$4,045
Oct 199916610420.982.80$3,774
Sep 199904721.752.62$123
Aug 199916614419.262.88$3,611
Jul 19991609917.892.37$3,097
Jun 199915015.942.36$134
May 19991635915.792.32$2,711
Apr 19991617015.102.21$2,586
Mar 199904512.471.84$83
Feb 19990549.981.82$98
Jan 199915612510.381.90$1,857
Dec 199801149.201.77$202
Nov 199831714410.892.19$3,767
Oct 1998013812.421.97$272
Sep 1998018012.592.08$375
Aug 1998014911.301.91$284
Jul 199816529711.742.24$2,602
Jun 199816218511.242.24$2,235
May 1998018312.622.21$404
Apr 1998020813.042.51$521
Mar 199816116812.802.31$2,449
Feb 199815816913.952.30$2,593
Jan 1998018114.702.15$390
Dec 199716513616.322.41$3,021
Nov 199716515018.193.09$3,465
Oct 1997019119.253.15$602
Sep 199731815717.742.95$6,105
Aug 1997017017.862.55$434
Jul 1997014317.582.25$321
Jun 199716316117.242.26$3,174
May 1997015618.972.31$360
Apr 199715815117.882.08$3,140
Mar 199716121018.951.94$3,458
Feb 1997010520.492.21$232
Jan 199715618223.483.54$4,307
Dec 1996017023.32$0
Nov 199616016321.97$3,515
Oct 199616117423.31$3,753
Sep 1996016722.22$0
Aug 199616418220.26$3,323
Jul 1996021219.55$0
Jun 199617620218.73$3,296
May 199617719919.43$3,439
Apr 1996020421.51$0
Mar 199617017819.38$3,295
Feb 199616813716.98$2,853
Jan 1996015117.07$0
Dec 199518118617.19$3,111
Nov 199516714116.00$2,672
Oct 1995016815.43$0
Sep 199517820416.18$2,880
Aug 1995022315.92$0
Jul 199516414615.24$2,499
Jun 1995019316.41$0
May 199518317717.56$3,213
Apr 199516218417.73$2,872
Mar 1995012116.44$0
Feb 199517710516.58$2,935
Jan 1995010315.92$0
Dec 199416711015.03$2,510
Nov 19941824915.90$2,894
Oct 1994110715.58$16
Sep 19941777415.29$2,706
Aug 199434610716.13$5,581
Jul 1994019717.56$0
Jun 199416822417.09$2,871
May 199416219615.88$2,573
Apr 199417123314.14$2,418
Mar 199416429912.46$2,043
Feb 199416625712.50$2,075
Jan 199418126412.66$2,291
Dec 1993029312.33$0
Nov 199334230214.49$4,956
Oct 1993030315.85$0
Sep 199318221215.03$2,735
Aug 199316428215.66$2,568
Jul 199318023615.46$2,783
Jun 199316519416.79$2,770
May 199333633017.68$5,940
Apr 1993032218.05$0
Mar 199317632218.14$3,193
Feb 199316624417.90$2,971
Jan 199334526316.93$5,841

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

May 2026 — as filed, then multipliedworked
Oil                    0 bbl  × $106.41 =         $0
Casinghead gas        62 Mcf  × $  3.05 =       $189

────────────────────────────────────────────────────
Month total                                     $189

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 7C/O/1201 is the state's own key, not one this site invented.