PICKERING LUMBER COMPANY -C-

Operated by EQV OPERATING LLC (P-5 101634) in the JOAQUIN (TRAVIS PEAK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 221144District 06Field 465979002 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.1 M
May 2006 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
241
no gaps in the span
Streams
2
condensate, 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 201 leases and 201 wells, and the rule below applies to all of them.

Discovered
1968-07-31
as the register files it
Field class
Gas
the register's own label
Between wells
934 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2008-04-08.

The Commission's schedule remark for this field reads: #06-0255295.

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
High Cost Gas112006-11-10169024
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
CondensateDisposition3,681 bbl$271,900
GasProduction1,213,179 Mcf$7,785,772
Total$8,057,673

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 31.9702, -94.0255. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.97019, -94.02551 · 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 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
8,714 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.
1100.0%

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 8,714 ft.

Completions filed
May 2006
1 of 1 wells

1 well

42-4193106748,714 ftMay 2006

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 (241)

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

241 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 2019141056.803.06$8,009
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
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
Jul 20170043.873.09$0
Jun 201737042.493.09$1,572
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 201501332.362.00$26
Nov 201503638.792.17$78
Oct 201502043.552.43$49
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150348.152.95$9
Jun 201501956.152.88$55
May 201505255.212.96$154
Apr 2015201349.822.71$1,032
Mar 201508242.892.93$241
Feb 201503544.662.98$104
Jan 2015012043.433.10$372
Dec 201408454.693.59$302
Nov 2014022070.464.25$935
Oct 201407378.303.90$285
Sep 201403486.164.05$138
Aug 2014043089.394.04$1,735
Jul 2014051896.564.18$2,165
Jun 2014051398.164.74$2,430
May 2014057894.734.73$2,732
Apr 2014056995.944.81$2,736
Mar 2014026695.895.06$1,345
Feb 2014012097.406.19$743
Jan 201461,39090.404.86$7,299
Dec 201301,69991.824.35$7,398
Nov 201301,88288.853.74$7,035
Oct 2013252,69697.423.78$12,625
Sep 2013143,451104.113.72$14,287
Aug 201303,573104.253.52$12,586
Jul 201303,665102.523.72$13,626
Jun 201303,42294.403.93$13,460
May 201302,94594.834.15$12,219
Apr 201302,55193.964.28$10,925
Mar 201302,79593.623.91$10,936
Feb 201302,94391.233.42$10,065
Jan 201302,97291.603.42$10,164
Dec 201272,98586.773.42$10,817
Nov 201273,12486.953.62$11,933
Oct 201203,14589.383.40$10,692
Sep 201204,00794.672.92$11,694
Aug 201274,72392.662.91$14,384
Jul 201214,04185.133.02$12,292
Jun 201203,68779.822.52$9,288
May 20121874,23191.612.49$27,659
Apr 201200101.652.00$0
Mar 20125240105.052.22$1,059
Feb 201200101.102.57$0
Jan 20121263498.092.73$2,910
Dec 201131,56996.873.24$5,374
Nov 201132,80695.723.31$9,579
Oct 201133,32084.983.65$12,368
Sep 201102,68783.623.99$10,710
Aug 201105,34083.404.15$22,157
Jul 201106,48494.144.52$29,290
Jun 201106,80792.904.64$31,584
May 201107,99798.134.40$35,225
Apr 201104,682105.964.33$20,288
Mar 201107,48096.364.06$30,349
Feb 201105,92085.644.18$24,745
Jan 201106,84686.504.59$31,415
Dec 201006,25485.734.35$27,191
Nov 201006,80980.843.80$25,842
Oct 201007,54778.103.51$26,482
Sep 201008,42372.633.98$33,519
Aug 20101877,28773.684.42$45,982
Jul 201007,47272.554.74$35,391
Jun 201007,61270.364.91$37,378
May 2010138,19371.124.24$35,624
Apr 201008,58681.694.12$35,397
Mar 201009,18378.394.39$40,301
Feb 201007,74173.585.44$42,129
Jan 201009,03974.365.96$53,909
Dec 20091778,47771.445.48$59,131
Nov 200909,43274.593.75$35,384
Oct 2009010,10272.544.11$41,522
Sep 200909,41465.543.06$28,852
Aug 200909,76967.423.22$31,442
Jul 200918111,12261.133.46$49,597
Jun 2009510,83366.163.90$42,525
May 2009011,25054.743.93$44,165
Apr 2009011,18046.773.59$40,108
Mar 2009011,78842.144.06$47,847
Feb 20091510,49532.814.63$49,115
Jan 2009012,21735.865.37$65,618
Dec 20081012,99137.105.98$78,020
Nov 2008011,40455.496.86$78,236
Oct 2008014,26475.246.92$98,735
Sep 2008914,938101.767.88$118,584
Aug 200815916,485114.228.48$158,004
Jul 200820515,466131.0811.39$203,020
Jun 2008016,482131.3313.03$214,804
May 2008017,475123.1711.57$202,261
Apr 2008016,622110.3110.45$173,781
Mar 2008017,399101.909.66$168,145
Feb 2008018,90392.538.77$165,790
Jan 200819917,50090.388.21$161,586
Dec 2007022,27888.337.30$162,673
Nov 200719823,94691.677.29$192,758
Oct 2007022,87982.856.92$158,368
Sep 2007020,46775.846.24$127,799
Aug 2007021,09369.066.39$134,741
Jul 200718021,98870.906.39$153,220
Jun 200718024,32962.007.55$194,806
May 2007026,10458.747.85$204,819
Apr 2007027,24659.617.81$212,660
Mar 200718532,68756.927.30$249,210
Feb 200717733,02055.108.22$281,045
Jan 2007039,25150.306.73$264,036
Dec 200620533,06756.656.92$240,385
Nov 200634232,09654.207.62$263,027
Oct 2006035,80154.906.01$215,300
Sep 2006041,17760.085.04$207,417
Aug 200618060,10068.717.34$453,497
Jul 200619869,55069.376.34$454,874
Jun 200619875,09666.286.38$492,527
May 200608,31366.016.42$53,411

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.

Mar 2019 — as filed, then multipliedworked
Condensate           141 bbl  × $ 56.80 =     $8,009
Gas                    0 Mcf  × $  3.06 =         $0

────────────────────────────────────────────────────
Month total                                   $8,009

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. 06/G/221144 is the state's own key, not one this site invented.