HICKMAN ALLOCATION C

Operated by SABLE PERMIAN RESOURCES, LLC (P-5 742251) in the LIN (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 19863District 7CField 53613750OilCasinghead gasSaveExport
Value, all time
$3.8 M
Aug 2017 – May 2020
Value, last 12 filed months
$898 k
at the published price for each month
Months reported
34
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 515 leases and 2,325 wells, and the rule below applies to all of them.

Discovered
1984-10-08
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2014-04-21.

The Commission's schedule remark for this field reads: PER DOCKET NO. 7C-0317412, LIN (WOLFCAMP) IS A UFT FIELD. PDD

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
OilDisposition49,713 bbl$2,807,590
Casinghead gasProduction352,183 Mcf$1,033,804
Total$3,841,395

Wells on this lease (1)

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 31.1756, -101.3612. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.17563, -101.36124 · 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
100.0%
1 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
7,022 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
00.0%

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

The one well that filed a depth was drilled to 7,022 ft.

Completions filed
Jul 2018
1 of 1 wells

1 well

42-3833996817HA7,022 ftJul 2018Yes

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 (34)

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

34 months

May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 202085515,07649.881.98$72,508
Jan 20201,04216,27457.252.09$93,744
Dec 20191,06817,06459.012.30$102,344
Nov 20191,04215,09855.302.75$99,153
Oct 20191,04115,59953.472.42$93,389
Sep 20191,09615,35155.052.66$101,127
Aug 20191,17815,14953.112.30$97,472
Jul 20191,32515,35056.272.46$112,320
Jun 20191,56817,14452.782.49$125,468
May 20191,85518,26958.482.74$158,543
Apr 20191,65917,94362.632.75$153,259
Mar 20191,89221,56856.803.06$173,509
Feb 20192,09920,67050.852.79$164,449
Jan 20192,37022,87446.033.23$182,932
Dec 20182,76622,87546.594.19$224,610
Nov 20183,32424,91652.934.24$281,514
Oct 20184,52626,56561.443.40$368,347
Sep 20188,50624,78559.543.11$583,479
Aug 201810,5019,51959.403.07$652,950
Jul 201809465.142.93$276
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0

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.

Feb 2020 — as filed, then multipliedworked
Oil                  855 bbl  × $ 49.88 =    $42,647
Casinghead gas    15,076 Mcf  × $  1.98 =    $29,861

────────────────────────────────────────────────────
Month total                                  $72,508

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/19863 is the state's own key, not one this site invented.