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 242037District 06Field 465979002 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.2 M
Aug 2008 – May 2026
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
214
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 Gas112009-07-17193260
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
CondensateDisposition519 bbl$37,598
GasProduction1,351,599 Mcf$6,150,845
Total$6,188,443

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 31.9660, -94.0161. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.96598, -94.01608 · 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
8,765 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 8,765 ft.

Completions filed
Aug 2008
1 of 1 wells

1 well

42-4193129658,765 ftAug 2008

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 (214)

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

214 months

May 2026024106.413.05$73
Apr 202601498.932.87$40
Mar 202602189.753.15$66
Feb 202637063.503.75$2,350
Jan 202601559.138.00$120
Dec 20250056.664.41$0
Nov 202502158.593.93$82
Oct 202503759.383.30$122
Sep 202503662.743.08$111
Aug 202501463.933.01$42
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 2025021374.324.28$911
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 202409471.372.28$214
Sep 202409969.612.36$234
Aug 2024017575.632.06$361
Jul 2024021279.932.15$455
Jun 2024024778.082.63$651
May 2024031078.812.20$682
Apr 2024027784.451.66$460
Mar 2024027080.301.55$417
Feb 2024015576.091.78$276
Jan 2024010073.023.30$330
Dec 2023028671.262.61$747
Nov 2023041177.892.81$1,154
Oct 2023045885.443.09$1,414
Sep 2023047889.042.74$1,307
Aug 2023040380.522.67$1,077
Jul 2023058874.852.64$1,553
Jun 2023050668.962.26$1,143
May 2023051070.622.23$1,136
Apr 2023049778.122.24$1,112
Mar 2023051872.852.39$1,240
Feb 2023048975.112.47$1,206
Jan 2023054676.533.39$1,850
Dec 2022049776.415.73$2,847
Nov 202201,16385.005.65$6,567
Oct 202201,16687.185.86$6,837
Sep 202201,40784.888.16$11,486
Aug 202201,20194.529.13$10,962
Jul 202201,085101.587.54$8,183
Jun 202201,064115.097.98$8,488
May 20220973109.378.43$8,205
Apr 20220740104.226.84$5,060
Mar 20220523108.885.08$2,655
Feb 2022040191.054.86$1,948
Jan 2022035981.844.54$1,629
Dec 2021044271.323.90$1,723
Nov 2021043677.435.24$2,283
Oct 2021049779.795.71$2,840
Sep 2021045569.865.35$2,435
Aug 2021057466.024.22$2,423
Jul 2021053570.783.98$2,130
Jun 2021038669.493.38$1,305
May 2021046563.483.02$1,403
Apr 2021043960.362.76$1,211
Mar 2021049561.302.72$1,345
Feb 2021040757.805.55$2,258
Jan 2021049250.412.81$1,383
Dec 2020057244.642.68$1,530
Nov 2020051038.772.71$1,380
Oct 2020052436.972.48$1,299
Sep 2020057137.091.99$1,137
Aug 2020069039.982.39$1,646
Jul 2020068538.371.83$1,250
Jun 2020059334.901.69$1,002
May 2020068916.921.81$1,250
Apr 2020087414.751.80$1,577
Mar 202001,09230.341.86$2,027
Feb 2020099849.881.98$1,977
Jan 202001,03157.252.09$2,160
Dec 201901,00559.012.30$2,316
Nov 2019098955.302.75$2,720
Oct 201901,23553.472.42$2,987
Sep 201901,05255.052.66$2,795
Aug 201901,15553.112.30$2,662
Jul 201901,37056.272.46$3,370
Jun 201901,00852.782.49$2,511
May 201901,33558.482.74$3,658
Apr 201901,32762.632.75$3,650
Mar 201901,38156.803.06$4,229
Feb 201901,28850.852.79$3,596
Jan 201901,46546.033.23$4,729
Dec 201801,39046.594.19$5,818
Nov 201801,34552.934.24$5,699
Oct 201801,27561.443.40$4,333
Sep 2018394159.543.11$3,103
Aug 2018045859.403.07$1,404
Jul 201805165.142.93$150
Jun 2018014860.183.08$455
May 2018013365.382.90$386
Apr 201809763.842.90$281
Mar 201808761.222.79$242
Feb 201804061.782.77$111
Jan 2018010962.874.01$437
Dec 2017010957.272.92$318
Nov 201708955.423.12$278
Oct 2017013949.292.98$415
Sep 2017020947.523.09$645
Aug 2017025345.373.00$760
Jul 2017031843.873.09$982
Jun 2017018242.493.09$562
May 2017036045.373.26$1,175
Apr 2017035347.933.21$1,134
Mar 2017044146.772.98$1,316
Feb 2017034550.452.95$1,019
Jan 2017027949.413.42$954
Dec 2016043848.763.72$1,631
Nov 2016024542.492.64$648
Oct 2016018446.193.09$569
Sep 2016016641.553.10$515
Aug 201632,09741.442.92$6,257
Jul 201603,75541.622.92$10,981
Jun 201603,63045.352.69$9,750
May 201604,41942.521.99$8,798
Apr 201605,17036.561.99$10,294
Mar 2016645,32133.011.79$11,659
Feb 201603,57526.472.06$7,377
Jan 201601,79327.352.36$4,239
Dec 2015027432.362.00$548
Nov 201511,19538.792.17$2,629
Oct 201501,05443.552.43$2,558
Sep 201501,19742.992.76$3,302
Aug 201501,52640.162.87$4,383
Jul 2015062448.152.95$1,838
Jun 201503,79856.152.88$10,949
May 201507,38555.212.96$21,826
Apr 201503,20849.822.71$8,683
Mar 201502,59242.892.93$7,607
Feb 201503,43144.662.98$10,211
Jan 201504,64143.433.10$14,390
Dec 201406,60754.693.59$23,728
Nov 201407,61570.464.25$32,378
Oct 201407,00178.303.90$27,311
Sep 201405,04286.164.05$20,397
Aug 201406,27489.394.04$25,316
Jul 201407,48296.564.18$31,272
Jun 201407,77998.164.74$36,848
May 201408,39694.734.73$39,684
Apr 201408,39995.944.81$40,392
Mar 201408,34895.895.06$42,214
Feb 201407,39197.406.19$45,765
Jan 201406,61990.404.86$32,173
Dec 201304,95591.824.35$21,576
Nov 201305,52788.853.74$20,661
Oct 201306,56797.423.78$24,819
Sep 201306,924104.113.72$25,742
Aug 201307,667104.253.52$27,008
Jul 201308,377102.523.72$31,144
Jun 201307,90494.403.93$31,090
May 201307,83894.834.15$32,520
Apr 201308,38593.964.28$35,910
Mar 201309,42093.623.91$36,859
Feb 201307,56291.233.42$25,861
Jan 201308,33091.603.42$28,488
Dec 20121689,19486.773.42$46,022
Nov 201208,99186.953.62$32,592
Oct 201209,21589.383.40$31,328
Sep 201209,49794.672.92$27,716
Aug 201209,97692.662.91$29,012
Jul 2012010,27685.133.02$31,042
Jun 2012010,15179.822.52$25,571
May 2012010,47591.612.49$26,065
Apr 2012010,480101.652.00$20,926
Mar 2012010,350105.052.22$22,999
Feb 2012710,735101.102.57$28,299
Jan 2012011,48998.092.73$31,412
Dec 2011610,91996.873.24$35,956
Nov 2011011,02995.723.31$36,520
Oct 20112012,05684.983.65$45,686
Sep 2011011,39683.623.99$45,422
Aug 2011011,94183.404.15$49,547
Jul 2011011,91494.144.52$53,818
Jun 2011012,27992.904.64$56,973
May 2011012,20298.134.40$53,748
Apr 2011012,187105.964.33$52,810
Mar 2011013,26996.364.06$53,837
Feb 2011012,15385.644.18$50,799
Jan 2011014,01986.504.59$64,330
Dec 2010014,27485.734.35$62,060
Nov 2010014,01980.843.80$53,207
Oct 2010015,16278.103.51$53,202
Sep 2010015,65372.633.98$62,291
Aug 2010016,13573.684.42$71,306
Jul 2010017,63672.554.74$83,533
Jun 2010017,71470.364.91$86,983
May 2010019,89371.124.24$84,251
Apr 2010019,89681.694.12$82,025
Mar 2010021,14878.394.39$92,812
Feb 2010019,92873.585.44$108,455
Jan 2010122,99974.365.96$137,242
Dec 2009024,09271.445.48$132,115
Nov 2009024,53674.593.75$92,047
Oct 200920826,46072.544.11$123,846
Sep 2009126,18265.543.06$80,307
Aug 2009028,54167.423.22$91,859
Jul 2009024,94261.133.46$86,412
Jun 2009022,03466.163.90$85,822
May 2009025,22954.743.93$99,043
Apr 2009026,88046.773.59$96,432
Mar 2009030,77942.144.06$124,932
Feb 2009030,35532.814.63$140,635
Jan 2009037,37335.865.37$200,730
Dec 2008042,89437.105.98$256,383
Nov 2008048,74855.496.86$334,429
Oct 2008054,63575.246.92$378,182
Sep 2008071,519101.767.88$563,362
Aug 2008030,807114.228.48$261,336

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
Condensate             0 bbl  × $106.41 =         $0
Gas                   24 Mcf  × $  3.05 =        $73

────────────────────────────────────────────────────
Month total                                      $73

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/242037 is the state's own key, not one this site invented.