HICKMAN, N. W. -A-

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 2728District 7CField 73085500Hydrogen sulphide fieldNGPA filingOilCasinghead gasSaveExport
Value, all time
$856 k
Jan 1993 – May 2026
Value, last 12 filed months
$10 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.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
OilDisposition17,660 bbl$851,869
Casinghead gasProduction985 Mcf$4,107
Total$855,976

48 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 31.1573, -101.3933. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

31.15722, -101.39297 · 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
0.0%
0 of 3 wells
With a plug date
0.0%
0 of 3 wells
Median depth
2,550 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
00.0%
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.
3100.0%

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 2,550 ft.

Completions filed
Jun 1984
1 of 3 wells; 2 filed none

3 wells

42-383014561
42-383014592
42-3833296832,550 ftJun 1984

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 202601106.413.05$3
Apr 20260198.932.87$3
Mar 20260189.753.15$3
Feb 20260163.503.75$4
Jan 20260159.138.00$8
Dec 20250156.664.41$4
Nov 20250158.593.93$4
Oct 20250159.383.30$3
Sep 20250162.743.08$3
Aug 2025162163.933.01$10,360
Jul 20250166.743.32$3
Jun 20250166.483.13$3
May 20250160.553.23$3
Apr 20250162.363.54$4
Mar 20250167.704.27$4
Feb 20250170.884.34$4
Jan 20250174.324.28$4
Dec 2024165168.993.12$11,386
Nov 20240169.052.20$2
Oct 20240171.372.28$2
Sep 20240169.612.36$2
Aug 20240175.632.06$2
Jul 20240179.932.15$2
Jun 20240178.082.63$3
May 2024156178.812.20$12,297
Apr 20240184.451.66$2
Mar 20240180.301.55$2
Feb 20240176.091.78$2
Jan 20240173.023.30$3
Dec 20230171.262.61$3
Nov 2023168177.892.81$13,088
Oct 20230185.443.09$3
Sep 20230189.042.74$3
Aug 20230180.522.67$3
Jul 20230174.852.64$3
Jun 20230168.962.26$2
May 20230170.622.23$2
Apr 2023170178.122.24$13,283
Mar 20230172.852.39$2
Feb 20230175.112.47$2
Jan 20230176.533.39$3
Dec 20220176.415.73$6
Nov 20220185.005.65$6
Oct 20220187.185.86$6
Sep 2022175184.888.16$14,862
Aug 20220194.529.13$9
Jul 202201101.587.54$8
Jun 202201115.097.98$8
May 202201109.378.43$8
Apr 202201104.226.84$7
Mar 202201108.885.08$5
Feb 2022153191.054.86$13,936
Jan 20220181.844.54$5
Dec 20210171.323.90$4
Nov 20210177.435.24$5
Oct 20210179.795.71$6
Sep 20210169.865.35$5
Aug 2021166166.024.22$10,964
Jul 20210170.783.98$4
Jun 20210169.493.38$3
May 20210163.483.02$3
Apr 20210160.362.76$3
Mar 20210261.302.72$5
Feb 20210257.805.55$11
Jan 20210250.412.81$6
Dec 20200244.642.68$5
Nov 2020168238.772.71$6,519
Oct 20200236.972.48$5
Sep 20200237.091.99$4
Aug 20200139.982.39$2
Jul 20200138.371.83$2
Jun 20200334.901.69$5
May 2020166216.921.81$2,812
Apr 20200214.751.80$4
Mar 20200330.341.86$6
Feb 20200149.881.98$2
Jan 2020160257.252.09$9,164
Dec 20190259.012.30$5
Nov 20190155.302.75$3
Oct 2019157153.472.42$8,397
Sep 20190255.052.66$5
Aug 20190253.112.30$5
Jul 20190256.272.46$5
Jun 20190252.782.49$5
May 2019157258.482.74$9,187
Apr 20190262.632.75$6
Mar 20190256.803.06$6
Feb 20190250.852.79$6
Jan 2019186246.033.23$8,568
Dec 20180246.594.19$8
Nov 20180252.934.24$8
Oct 20180261.443.40$7
Sep 2018162259.543.11$9,652
Aug 20180259.403.07$6
Jul 2018154265.142.93$10,037
Jun 20180260.183.08$6
May 20180265.382.90$6
Apr 20180263.842.90$6
Mar 2018160261.222.79$9,801
Feb 20180261.782.77$6
Jan 2018158362.874.01$9,945
Dec 20170257.272.92$6
Nov 20170255.423.12$6
Oct 20170249.292.98$6
Sep 20170247.523.09$6
Aug 20170245.373.00$6
Jul 2017165243.873.09$7,245
Jun 20170242.493.09$6
May 20170245.373.26$7
Apr 20170347.933.21$10
Mar 20170246.772.98$6
Feb 2017182250.452.95$9,188
Jan 20170249.413.42$7
Dec 20160248.763.72$7
Nov 20160242.492.64$5
Oct 20160246.193.09$6
Sep 2016173241.553.10$7,194
Aug 20160241.442.92$6
Jul 20160241.622.92$6
Jun 20160245.352.69$5
May 20160242.521.99$4
Apr 2016186236.561.99$6,804
Mar 20160233.011.79$4
Feb 20160226.472.06$4
Jan 20160227.352.36$5
Dec 2015167332.362.00$5,410
Nov 20150338.792.17$7
Oct 20150343.552.43$7
Sep 20150342.992.76$8
Aug 20150840.162.87$23
Jul 20150848.152.95$24
Jun 20151731256.152.88$9,749
May 201501255.212.96$35
Apr 201501249.822.71$32
Mar 201501242.892.93$35
Feb 201501244.662.98$36
Jan 201501843.433.10$56
Dec 20141841354.693.59$10,110
Nov 201401870.464.25$77
Oct 201401878.303.90$70
Sep 201401886.164.05$73
Aug 201401889.394.04$73
Jul 20141731896.564.18$16,780
Jun 201401598.164.74$71
May 20140394.734.73$14
Apr 20140395.944.81$14
Mar 2014178395.895.06$17,084
Feb 20140297.406.19$12
Jan 20140390.404.86$15
Dec 20130391.824.35$13
Nov 20130388.853.74$11
Oct 2013169397.423.78$16,475
Sep 201303104.113.72$11
Aug 201303104.253.52$11
Jul 20131673102.523.72$17,132
Jun 20130394.403.93$12
May 20130394.834.15$12
Apr 20130393.964.28$13
Mar 20130393.623.91$12
Feb 2013170691.233.42$15,530
Jan 20130391.603.42$10
Dec 20120386.773.42$10
Nov 20120386.953.62$11
Oct 2012172389.383.40$15,384
Sep 20120394.672.92$9
Aug 20120392.662.91$9
Jul 20120385.133.02$9
Jun 2012179379.822.52$14,295
May 20120391.612.49$7
Apr 201203101.652.00$6
Mar 201203105.052.22$7
Feb 20121803101.102.57$18,206
Jan 20120398.092.73$8
Dec 20110396.873.24$10
Nov 20110395.723.31$10
Oct 2011192384.983.65$16,327
Sep 20110383.623.99$12
Aug 20110383.404.15$12
Jul 2011175394.144.52$16,488
Jun 20110392.904.64$14
May 20110398.134.40$13
Apr 201103105.964.33$13
Mar 2011186396.364.06$17,935
Feb 20110385.644.18$13
Jan 20110386.504.59$14
Dec 20100385.734.35$13
Nov 2010176380.843.80$14,239
Oct 20100378.103.51$11
Sep 20100372.633.98$12
Aug 2010182373.684.42$13,423
Jul 20100372.554.74$14
Jun 20100370.364.91$15
May 20100371.124.24$13
Apr 2010184381.694.12$15,043
Mar 20100378.394.39$13
Feb 20100373.585.44$16
Jan 20100374.365.96$18
Dec 20090371.445.48$16
Nov 2009169374.593.75$12,617
Oct 20090372.544.11$12
Sep 20090365.543.06$9
Aug 2009169367.423.22$11,404
Jul 20090361.133.46$10
Jun 20090366.163.90$12
May 2009186354.743.93$10,193
Apr 20090346.773.59$11
Mar 20090342.144.06$12
Feb 20090332.814.63$14
Jan 20090335.865.37$16
Dec 20080337.105.98$18
Nov 20080355.496.86$21
Oct 20080275.246.92$14
Sep 200803101.767.88$24
Aug 20081683114.228.48$19,214
Jul 200803131.0811.39$34
Jun 200803131.3313.03$39
May 200803123.1711.57$35
Apr 20081843110.3110.45$20,328
Mar 200803101.909.66$29
Feb 20080392.538.77$26
Jan 2008170390.388.21$15,389
Dec 20070388.337.30$22
Nov 20070391.677.29$22
Oct 20070382.856.92$21
Sep 2007172375.846.24$13,063
Aug 20070369.066.39$19
Jul 20070370.906.39$19
Jun 2007172362.007.55$10,687
May 20070358.747.85$24
Apr 2007173359.617.81$10,336
Mar 20070356.927.30$22
Feb 20070355.108.22$25
Jan 2007174350.306.73$8,772
Dec 20060356.656.92$21
Nov 20060354.207.62$23
Oct 2006172354.906.01$9,461
Sep 20060360.085.04$15
Aug 2006161368.717.34$11,084
Jul 20060669.376.34$38
Jun 20060366.286.38$19
May 20060666.016.42$39
Apr 2006166364.397.36$10,711
Mar 20060356.707.08$21
Feb 2006171357.597.75$9,871
Jan 20060360.598.93$27
Dec 2005168354.9413.42$9,270
Nov 20050354.6910.59$32
Oct 20050358.3413.80$41
Sep 20050361.4512.08$36
Aug 20050361.519.80$29
Jul 2005159355.697.84$8,878
Jun 20050352.337.38$22
May 2005172345.226.65$7,798
Apr 20050349.207.36$22
Mar 20050350.377.15$21
Feb 20050345.226.31$19
Jan 2005166343.166.32$7,184
Dec 2004173339.866.75$6,916
Nov 20040345.286.33$19
Oct 20040249.706.52$13
Sep 20040243.245.28$11
Aug 20040242.375.55$11
Jul 2004174238.286.08$6,673
Jun 20040236.106.43$13
May 20040237.486.49$13
Apr 2004166234.475.86$5,734
Mar 20040234.365.53$11
Feb 20040232.455.51$11
Jan 2004174232.036.30$5,586
Dec 20030230.266.30$13
Nov 2003173228.804.60$4,992
Oct 20030228.174.76$10
Sep 20030226.314.75$10
Aug 20030229.765.13$10
Jul 2003171229.415.17$5,039
Jun 20030228.565.98$12
May 20030226.595.97$12
Apr 20030226.675.41$11
Mar 2003166231.146.10$5,181
Feb 20030333.487.93$24
Jan 20030330.315.58$17
Dec 2002174326.914.85$4,697
Nov 20020324.664.14$12
Oct 20020326.464.23$13
Sep 2002174327.443.64$4,785
Aug 20020325.963.16$9
Jul 20020324.583.06$9
Jun 2002162323.733.34$3,854
May 2002167324.663.58$4,129
Apr 20020323.653.51$11
Mar 20020322.003.10$9
Feb 20020318.222.38$7
Jan 20020317.172.38$7
Dec 2001173316.932.36$2,936
Nov 20010318.072.41$7
Oct 20010419.782.53$10
Sep 2001164424.262.25$3,988
Aug 20010424.873.05$12
Jul 20010323.933.20$10
Jun 20010324.563.82$11
May 2001178325.524.31$4,555
Apr 20010324.685.34$16
Mar 20010324.545.38$16
Feb 2001173327.755.77$4,818
Jan 20010327.478.40$25
Dec 20000326.889.12$27
Nov 2000173332.215.66$5,589
Oct 20000231.235.15$10
Sep 2000169131.875.19$5,391
Aug 20000129.644.54$5
Jul 2000170128.534.09$4,854
Jun 2000171129.304.40$5,015
May 20000127.263.68$4
Apr 2000170124.513.12$4,170
Mar 20000128.422.86$3
Feb 2000169127.622.73$4,671
Jan 20000125.272.48$2
Dec 1999161124.282.42$3,912
Nov 1999169123.192.43$3,922
Oct 1999169120.982.80$3,548
Sep 1999170121.752.62$3,700
Aug 19990119.262.88$3
Jul 1999163117.892.37$2,918
Jun 19990115.942.36$2
May 19990115.792.32$2
Apr 19990115.102.21$2
Mar 19990112.471.84$2
Feb 1999019.981.82$2
Jan 19990110.381.90$2
Dec 1998019.201.77$2
Nov 19980110.892.19$2
Oct 19980112.421.97$2
Sep 19980112.592.08$2
Aug 19980111.301.91$2
Jul 19980111.742.24$2
Jun 19980111.242.24$2
May 19980112.622.21$2
Apr 19980113.042.51$3
Mar 19980112.802.31$2
Feb 19980113.952.30$2
Jan 19980114.702.15$2
Dec 1997159116.322.41$2,597
Nov 19970118.193.09$3
Oct 19970119.253.15$3
Sep 1997167117.742.95$2,966
Aug 19970117.862.55$3
Jul 19970117.582.25$2
Jun 1997169117.242.26$2,916
May 19970118.972.31$2
Apr 19970117.882.08$2
Mar 19970118.951.94$2
Feb 19970120.492.21$2
Jan 1997162123.483.54$3,807
Dec 19960123.32$0
Nov 19960121.97$0
Oct 1996164123.31$3,823
Sep 19960122.22$0
Aug 19960120.26$0
Jul 1996176119.55$3,441
Jun 19960118.73$0
May 1996171119.43$3,323
Apr 19960121.51$0
Mar 19960119.38$0
Feb 1996171116.98$2,904
Jan 19960117.07$0
Dec 1995179117.19$3,077
Nov 19950116.00$0
Oct 1995181115.43$2,793
Sep 19950116.18$0
Aug 19950115.92$0
Jul 1995192115.24$2,926
Jun 19950116.41$0
May 1995178117.56$3,126
Apr 1995179117.73$3,174
Mar 19950116.44$0
Feb 1995179116.58$2,968
Jan 19950115.92$0
Dec 19940115.03$0
Nov 1994176115.90$2,798
Oct 19941115.58$16
Sep 19940115.29$0
Aug 19940116.13$0
Jul 19940117.56$0
Jun 1994170117.09$2,905
May 19940115.88$0
Apr 19940114.14$0
Mar 19940112.46$0
Feb 1994210112.50$2,625
Jan 19940112.66$0
Dec 19930112.33$0
Nov 19930114.49$0
Oct 19930115.85$0
Sep 1993180115.03$2,705
Aug 1993176115.66$2,756
Jul 19930115.46$0
Jun 19930116.79$0
May 19930117.68$0
Apr 19930118.05$0
Mar 19930118.14$0
Feb 1993176117.90$3,150
Jan 19930116.93$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.

May 2026 — as filed, then multipliedworked
Oil                    0 bbl  × $106.41 =         $0
Casinghead gas         1 Mcf  × $  3.05 =         $3

────────────────────────────────────────────────────
Month total                                       $3

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/2728 is the state's own key, not one this site invented.