PICKARD

Operated by CROWN EQUIPMENT CO. (P-5 191534) in the NEWARK, EAST (BARNETT SHALE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 203758District 09Field 65280200CondensateGasSaveExport
Value, all time
$1.9 M
Aug 2004 – Nov 2023
Value, last 12 filed months
$1 k
at the published price for each month
Months reported
232
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 21,881 leases and 22,468 wells, and the rule below applies to all of them.

Discovered
1981-10-15
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 20 acres. The field rule took effect on 2009-09-29.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

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
CondensateDisposition3,201 bbl$185,182
GasProduction270,848 Mcf$1,668,588
Total$1,853,770

Every month this lease reported (232)

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

232 months

Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 202315089.042.74$1,336
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 20200939.982.39$21
Jul 2020014738.371.83$268
Jun 2020018234.901.69$308
May 2020018616.921.81$338
Apr 2020020514.751.80$370
Mar 2020021330.341.86$395
Feb 2020015949.881.98$315
Jan 2020035157.252.09$735
Dec 2019037559.012.30$864
Nov 2019041455.302.75$1,139
Oct 2019053053.472.42$1,282
Sep 2019054455.052.66$1,446
Aug 2019070553.112.30$1,625
Jul 2019021656.272.46$531
Jun 2019015752.782.49$391
May 2019018358.482.74$501
Apr 2019027462.632.75$754
Mar 2019026256.803.06$802
Feb 2019030250.852.79$843
Jan 2019044546.033.23$1,437
Dec 2018055546.594.19$2,323
Nov 2018063252.934.24$2,678
Oct 2018039061.443.40$1,325
Sep 201809859.543.11$305
Aug 2018011359.403.07$347
Jul 2018016465.142.93$481
Jun 2018018560.183.08$569
May 2018020065.382.90$580
Apr 2018025163.842.90$728
Mar 2018029861.222.79$830
Feb 2018029761.782.77$822
Jan 2018030962.874.01$1,239
Dec 2017032757.272.92$955
Nov 2017032455.423.12$1,010
Oct 2017029049.292.98$865
Sep 2017051847.523.09$1,599
Aug 2017070845.373.00$2,127
Jul 2017059743.873.09$1,843
Jun 2017075842.493.09$2,340
May 2017052545.373.26$1,713
Apr 2017053847.933.21$1,728
Mar 2017060446.772.98$1,802
Feb 20176854950.452.95$5,052
Jan 2017073349.413.42$2,506
Dec 2016068848.763.72$2,561
Nov 2016056442.492.64$1,491
Oct 2016068646.193.09$2,120
Sep 2016054941.553.10$1,702
Aug 2016075641.442.92$2,211
Jul 2016083541.622.92$2,442
Jun 2016075145.352.69$2,017
May 2016074242.521.99$1,477
Apr 2016079936.561.99$1,591
Mar 2016091333.011.79$1,638
Feb 2016066826.472.06$1,379
Jan 2016080027.352.36$1,891
Dec 2015085032.362.00$1,701
Nov 2015089438.792.17$1,938
Oct 2015073943.552.43$1,793
Sep 2015070842.992.76$1,953
Aug 201501,07140.162.87$3,076
Jul 201501,28748.152.95$3,790
Jun 201501,16856.152.88$3,367
May 201501,24355.212.96$3,674
Apr 201501,17149.822.71$3,169
Mar 201501,17942.892.93$3,460
Feb 201501,00544.662.98$2,991
Jan 201501,07843.433.10$3,342
Dec 201401,07354.693.59$3,854
Nov 201401,11270.464.25$4,728
Oct 201401,05378.303.90$4,108
Sep 201401,22986.164.05$4,972
Aug 2014191,47389.394.04$7,642
Jul 201401,25796.564.18$5,254
Jun 201401,16798.164.74$5,528
May 201401,18394.734.73$5,592
Apr 201401,20795.944.81$5,805
Mar 201401,36595.895.06$6,903
Feb 201401,21397.406.19$7,511
Jan 2014069890.404.86$3,393
Dec 2013055291.824.35$2,404
Nov 2013055088.853.74$2,056
Oct 2013056997.423.78$2,150
Sep 20130617104.113.72$2,294
Aug 20130848104.253.52$2,987
Jul 20130853102.523.72$3,171
Jun 2013083694.403.93$3,288
May 2013092494.834.15$3,834
Apr 2013082293.964.28$3,520
Mar 2013089593.623.91$3,502
Feb 2013099691.233.42$3,406
Jan 2013085591.603.42$2,924
Dec 2012082086.773.42$2,805
Nov 2012091786.953.62$3,324
Oct 2012087389.383.40$2,968
Sep 2012086694.672.92$2,527
Aug 2012092492.662.91$2,687
Jul 2012079885.133.02$2,411
Jun 2012072179.822.52$1,816
May 2012074691.612.49$1,856
Apr 20120687101.652.00$1,372
Mar 201274596105.052.22$9,098
Feb 20120480101.102.57$1,234
Jan 2012087198.092.73$2,381
Dec 2011070796.873.24$2,291
Nov 2011042795.723.31$1,414
Oct 201101384.983.65$47
Sep 201108183.623.99$323
Aug 2011014683.404.15$606
Jul 2011010594.144.52$474
Jun 20110092.904.64$0
May 201105198.134.40$225
Apr 20110439105.964.33$1,902
Mar 201101,28096.364.06$5,193
Feb 201101,38885.644.18$5,802
Jan 201101,05886.504.59$4,855
Dec 2010056985.734.35$2,474
Nov 2010037080.843.80$1,404
Oct 2010057978.103.51$2,032
Sep 2010070072.633.98$2,786
Aug 2010063073.684.42$2,784
Jul 2010073572.554.74$3,481
Jun 2010069970.364.91$3,432
May 2010075871.124.24$3,210
Apr 2010071881.694.12$2,960
Mar 20108064878.394.39$9,115
Feb 2010053673.585.44$2,917
Jan 2010077074.365.96$4,592
Dec 2009081771.445.48$4,480
Nov 2009081174.593.75$3,042
Oct 2009087172.544.11$3,580
Sep 2009083165.543.06$2,547
Aug 2009085067.423.22$2,736
Jul 200901,05761.133.46$3,662
Jun 2009087566.163.90$3,408
May 2009063654.743.93$2,497
Apr 20097665346.773.59$5,897
Mar 2009081842.144.06$3,320
Feb 2009079932.814.63$3,702
Jan 200901,31435.865.37$7,057
Dec 200801,47837.105.98$8,834
Nov 200801,29255.496.86$8,864
Oct 200801,51975.246.92$10,514
Sep 20080316101.767.88$2,489
Aug 2008761,001114.228.48$17,172
Jul 200801,018131.0811.39$11,594
Jun 20080970131.3313.03$12,642
May 20080776123.1711.57$8,982
Apr 20080811110.3110.45$8,479
Mar 200874865101.909.66$15,900
Feb 2008089592.538.77$7,850
Jan 2008083990.388.21$6,885
Dec 2007082588.337.30$6,024
Nov 2007082091.677.29$5,979
Oct 2007071382.856.92$4,935
Sep 200702,04675.846.24$12,776
Aug 2007068669.066.39$4,382
Jul 2007022570.906.39$1,437
Jun 2007033062.007.55$2,491
May 2007081158.747.85$6,363
Apr 20077588359.617.81$11,363
Mar 2007762,82856.927.30$24,976
Feb 200705,25955.108.22$43,208
Jan 2007742,69350.306.73$21,838
Dec 200604,22756.656.92$29,244
Nov 2006784,52554.207.62$38,697
Oct 2006814,20654.906.01$29,741
Sep 2006763,51560.085.04$22,272
Aug 200603,41268.717.34$25,044
Jul 2006733,81569.376.34$29,262
Jun 2006693,38066.286.38$26,151
May 2006774,00266.016.42$30,796
Apr 2006754,15364.397.36$35,397
Mar 2006644,82456.707.08$37,797
Feb 2006733,86357.597.75$34,147
Jan 2006794,64060.598.93$46,237
Dec 2005874,03754.9413.42$58,938
Nov 2005944,02154.6910.59$47,717
Oct 20051414,20858.3413.80$66,279
Sep 2005724,06061.4512.08$53,465
Aug 20051434,84061.519.80$56,213
Jul 20051345,03655.697.84$46,963
Jun 200503,90452.337.38$28,816
May 20051343,64345.226.65$30,290
Apr 2005774,39149.207.36$36,108
Mar 200509,83450.377.15$70,361
Feb 20051386,04845.226.31$44,415
Jan 20051567,81943.166.32$56,166
Dec 20042567,32839.866.75$59,676
Nov 20041458,74545.286.33$61,925
Oct 20041729,52549.706.52$70,605
Sep 2004011,59743.245.28$61,277
Aug 20040042.375.55$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.

Sep 2023 — as filed, then multipliedworked
Condensate            15 bbl  × $ 89.04 =     $1,336
Gas                    0 Mcf  × $  2.74 =         $0

────────────────────────────────────────────────────
Month total                                   $1,336

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. 09/G/203758 is the state's own key, not one this site invented.