PICKERING LUMBER CO. "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 264005District 06Field 465979002 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.3 M
Nov 2011 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
175
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 Gas112013-01-23206628
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
CondensateDisposition1,358 bbl$106,240
GasProduction1,873,450 Mcf$6,220,020
Total$6,326,261

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 31.9723, -94.0199. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.97232, -94.01987 · 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
8,758 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 8,758 ft.

Completions filed
Nov 2011
1 of 1 wells

1 well

42-41931551138,758 ftNov 2011

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 (175)

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

175 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 20240968.993.12$28
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 202368077.892.81$5,297
Oct 202302885.443.09$86
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 202301278.122.24$27
Mar 202308072.852.39$191
Feb 202301,22675.112.47$3,023
Jan 202303,11576.533.39$10,553
Dec 202203,48076.415.73$19,937
Nov 202203,67285.005.65$20,733
Oct 202203,98987.185.86$23,391
Sep 202204,10684.888.16$33,520
Aug 202204,60494.529.13$42,021
Jul 202205,938101.587.54$44,785
Jun 202205,324115.097.98$42,471
May 202204,970109.378.43$41,912
Apr 202205,066104.226.84$34,639
Mar 202205,629108.885.08$28,575
Feb 202205,27691.054.86$25,635
Jan 202205,65881.844.54$25,674
Dec 202105,72871.323.90$22,334
Nov 202105,66877.435.24$29,682
Oct 202106,00479.795.71$34,306
Sep 202106,14469.865.35$32,876
Aug 202106,58466.024.22$27,788
Jul 202106,76570.783.98$26,939
Jun 202107,53569.493.38$25,473
May 202108,29163.483.02$25,020
Apr 202101,12160.362.76$3,092
Mar 2021032061.302.72$869
Feb 2021043957.805.55$2,436
Jan 2021022550.412.81$632
Dec 2020034244.642.68$915
Nov 2020036138.772.71$977
Oct 2020049736.972.48$1,232
Sep 2020013937.091.99$277
Aug 2020054639.982.39$1,302
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 2020028616.921.81$519
Apr 2020049614.751.80$895
Mar 2020053830.341.86$999
Feb 2020078149.881.98$1,547
Jan 2020074957.252.09$1,569
Dec 2019054659.012.30$1,258
Nov 2019057855.302.75$1,590
Oct 2019064653.472.42$1,562
Sep 2019057755.052.66$1,533
Aug 2019053453.112.30$1,231
Jul 2019059656.272.46$1,466
Jun 2019044252.782.49$1,101
May 2019054258.482.74$1,485
Apr 2019068162.632.75$1,873
Mar 201901,33756.803.06$4,094
Feb 201901,33750.852.79$3,733
Jan 201901,73446.033.23$5,598
Dec 201801,54846.594.19$6,479
Nov 201801,45252.934.24$6,152
Oct 201801,49561.443.40$5,080
Sep 201802,07559.543.11$6,449
Aug 201803,94259.403.07$12,088
Jul 201804,22365.142.93$12,381
Jun 201804,04160.183.08$12,434
May 201804,17265.382.90$12,102
Apr 201804,17963.842.90$12,122
Mar 201804,52261.222.79$12,602
Feb 2018904,65361.782.77$18,431
Jan 201805,35462.874.01$21,466
Dec 201705,11057.272.92$14,929
Nov 201705,14255.423.12$16,035
Oct 201704,82949.292.98$14,408
Sep 201705,23247.523.09$16,153
Aug 201705,64745.373.00$16,966
Jul 201705,61243.873.09$17,326
Jun 201797,17242.493.09$22,524
May 201707,24045.373.26$23,627
Apr 201706,77947.933.21$21,771
Mar 201707,28846.772.98$21,745
Feb 201707,48550.452.95$22,100
Jan 201708,24049.413.42$28,171
Dec 201609,12348.763.72$33,963
Nov 201608,54142.492.64$22,585
Oct 201608,82446.193.09$27,268
Sep 201608,85741.553.10$27,462
Aug 201628,90341.442.92$26,118
Jul 201609,28341.622.92$27,147
Jun 201609,19745.352.69$24,702
May 2016010,12242.521.99$20,153
Apr 201609,84336.561.99$19,598
Mar 20165710,37833.011.79$20,500
Feb 20161818,09726.472.06$21,500
Jan 2016010,93327.352.36$25,850
Dec 2015011,67332.362.00$23,362
Nov 2015012,65238.792.17$27,421
Oct 2015012,76843.552.43$30,983
Sep 2015012,71442.992.76$35,071
Aug 2015013,85540.162.87$39,798
Jul 2015011,94448.152.95$35,176
Jun 2015013,27556.152.88$38,270
May 2015016,18955.212.96$47,846
Apr 2015016,09449.822.71$43,560
Mar 2015015,16442.892.93$44,502
Feb 2015015,38844.662.98$45,798
Jan 2015017,51143.433.10$54,295
Dec 2014017,68054.693.59$63,495
Nov 2014017,67670.464.25$75,156
Oct 2014016,99378.303.90$66,289
Sep 201419216,71386.164.05$84,154
Aug 2014017,10189.394.04$69,005
Jul 2014018,00096.564.18$75,233
Jun 2014017,95198.164.74$85,032
May 2014019,72994.734.73$93,250
Apr 2014017,87495.944.81$85,958
Mar 2014018,58495.895.06$93,976
Feb 2014016,90897.406.19$104,694
Jan 2014019,68890.404.86$95,698
Dec 201319320,18591.824.35$105,616
Nov 2013019,05588.853.74$71,233
Oct 2013020,45997.423.78$77,322
Sep 2013021,312104.113.72$79,232
Aug 2013022,124104.253.52$77,934
Jul 2013023,568102.523.72$87,620
Jun 2013024,06394.403.93$94,650
May 2013026,84394.834.15$111,374
Apr 2013121,02393.964.28$90,127
Mar 2013025,21393.623.91$98,655
Feb 2013025,57991.233.42$87,478
Jan 2013030,55391.603.42$104,489
Dec 2012033,33186.773.42$113,997
Nov 2012034,79686.953.62$126,134
Oct 201218939,57689.383.40$151,439
Sep 2012039,15594.672.92$114,270
Aug 2012042,06492.662.91$122,329
Jul 2012047,31685.133.02$142,932
Jun 2012049,18579.822.52$123,899
May 201218657,74891.612.49$160,735
Apr 2012065,784101.652.00$131,357
Mar 201218978,977105.052.22$195,348
Feb 2012187,672101.102.57$225,439
Jan 20120105,51398.092.73$288,481
Dec 20110129,66796.873.24$420,087
Nov 2011037,74195.723.31$124,971

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.

Dec 2024 — as filed, then multipliedworked
Condensate             0 bbl  × $ 68.99 =         $0
Gas                    9 Mcf  × $  3.12 =        $28

────────────────────────────────────────────────────
Month total                                      $28

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/264005 is the state's own key, not one this site invented.