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 208546District 09Field 65280200CondensateGasSaveExport
Value, all time
$1.5 M
Mar 2005 – Mar 2026
Value, last 12 filed months
$947
at the published price for each month
Months reported
253
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
CondensateDisposition1,332 bbl$92,013
GasProduction220,313 Mcf$1,423,245
Total$1,515,257

Every month this lease reported (253)

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

253 months

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 202502162.743.08$65
Aug 202509763.933.01$292
Jul 202502266.743.32$73
Jun 202506866.483.13$213
May 202504860.553.23$155
Apr 202504262.363.54$149
Mar 202503167.704.27$132
Feb 202505270.884.34$226
Jan 202504574.324.28$193
Dec 202405168.993.12$159
Nov 202405969.052.20$130
Oct 202404771.372.28$107
Sep 202405269.612.36$123
Aug 202407275.632.06$149
Jul 202407579.932.15$161
Jun 202409078.082.63$237
May 202407578.812.20$165
Apr 202408484.451.66$139
Mar 2024012980.301.55$199
Feb 2024012976.091.78$230
Jan 2024016673.023.30$547
Dec 2023017171.262.61$446
Nov 2023017577.892.81$491
Oct 20230085.443.09$0
Sep 202328089.042.74$2,493
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 202302670.622.23$58
Apr 202305978.122.24$132
Mar 202308472.852.39$201
Feb 2023063675.112.47$1,568
Jan 202306976.533.39$234
Dec 2022071476.415.73$4,091
Nov 202208085.005.65$452
Oct 202204887.185.86$281
Sep 202205984.888.16$482
Aug 202205894.529.13$529
Jul 2022095101.587.54$717
Jun 2022086115.097.98$686
May 20220146109.378.43$1,231
Apr 2022073104.226.84$499
Mar 2022063108.885.08$320
Feb 2022011591.054.86$559
Jan 2022011081.844.54$499
Dec 202109571.323.90$370
Nov 2021011677.435.24$607
Oct 2021012679.795.71$720
Sep 2021012269.865.35$653
Aug 2021012566.024.22$528
Jul 2021013570.783.98$538
Jun 2021012569.493.38$423
May 2021014063.483.02$422
Apr 2021013060.362.76$359
Mar 2021013761.302.72$372
Feb 2021012057.805.55$666
Jan 2021014550.412.81$407
Dec 2020016444.642.68$439
Nov 2020019138.772.71$517
Oct 2020012436.972.48$307
Sep 2020010137.091.99$201
Aug 2020010639.982.39$253
Jul 2020012338.371.83$224
Jun 2020012734.901.69$215
May 2020013516.921.81$245
Apr 2020015614.751.80$281
Mar 2020018130.341.86$336
Feb 2020018749.881.98$370
Jan 2020013957.252.09$291
Dec 2019015359.012.30$353
Nov 2019015555.302.75$426
Oct 2019017153.472.42$414
Sep 2019017655.052.66$468
Aug 2019020453.112.30$470
Jul 2019015956.272.46$391
Jun 2019013352.782.49$331
May 2019014658.482.74$400
Apr 2019014562.632.75$399
Mar 2019019456.803.06$594
Feb 2019021250.852.79$592
Jan 2019029846.033.23$962
Dec 2018024146.594.19$1,009
Nov 2018024752.934.24$1,047
Oct 2018028961.443.40$982
Sep 2018030659.543.11$951
Aug 2018027059.403.07$828
Jul 2018029765.142.93$871
Jun 2018030560.183.08$938
May 2018044865.382.90$1,300
Apr 2018028263.842.90$818
Mar 2018031961.222.79$889
Feb 2018032161.782.77$888
Jan 2018041362.874.01$1,656
Dec 2017050257.272.92$1,467
Nov 2017047755.423.12$1,487
Oct 2017049349.292.98$1,471
Sep 2017054247.523.09$1,673
Aug 2017052145.373.00$1,565
Jul 2017048543.873.09$1,497
Jun 2017057542.493.09$1,775
May 2017042245.373.26$1,377
Apr 2017051147.933.21$1,641
Mar 2017050146.772.98$1,495
Feb 2017050050.452.95$1,476
Jan 2017057449.413.42$1,962
Dec 2016045448.763.72$1,690
Nov 2016049642.492.64$1,312
Oct 2016049446.193.09$1,527
Sep 2016047841.553.10$1,482
Aug 2016056041.442.92$1,638
Jul 2016058541.622.92$1,711
Jun 2016057545.352.69$1,544
May 2016042242.521.99$840
Apr 2016051136.561.99$1,017
Mar 2016050033.011.79$897
Feb 2016050126.472.06$1,034
Jan 2016057427.352.36$1,357
Dec 2015045432.362.00$909
Nov 2015049638.792.17$1,075
Oct 2015049443.552.43$1,199
Sep 2015047842.992.76$1,319
Aug 2015056040.162.87$1,609
Jul 2015056848.152.95$1,673
Jun 2015064056.152.88$1,845
May 2015060555.212.96$1,788
Apr 2015060949.822.71$1,648
Mar 2015067542.892.93$1,981
Feb 2015059644.662.98$1,774
Jan 2015069443.433.10$2,152
Dec 2014063854.693.59$2,291
Nov 2014065970.464.25$2,802
Oct 2014065778.303.90$2,563
Sep 2014070386.164.05$2,844
Aug 20147369489.394.04$9,326
Jul 2014068996.564.18$2,880
Jun 2014073898.164.74$3,496
May 2014073494.734.73$3,469
Apr 2014073195.944.81$3,515
Mar 2014077895.895.06$3,934
Feb 2014062397.406.19$3,858
Jan 2014080290.404.86$3,898
Dec 2013071991.824.35$3,131
Nov 2013064988.853.74$2,426
Oct 2013071997.423.78$2,717
Sep 20130709104.113.72$2,636
Aug 20130684104.253.52$2,409
Jul 20130720102.523.72$2,677
Jun 2013062894.403.93$2,470
May 2013070094.834.15$2,904
Apr 2013078093.964.28$3,340
Mar 2013069593.623.91$2,719
Feb 2013066791.233.42$2,281
Jan 2013076491.603.42$2,613
Dec 2012079586.773.42$2,719
Nov 2012081686.953.62$2,958
Oct 2012079289.383.40$2,693
Sep 2012078394.672.92$2,285
Aug 2012088392.662.91$2,568
Jul 2012082085.133.02$2,477
Jun 2012050279.822.52$1,265
May 2012087991.612.49$2,187
Apr 201201,022101.652.00$2,041
Mar 201201,639105.052.22$3,642
Feb 20120386101.102.57$992
Jan 201201,05198.092.73$2,874
Dec 20116978696.873.24$9,230
Nov 2011061595.723.31$2,036
Oct 2011097584.983.65$3,557
Sep 2011082583.623.99$3,288
Aug 2011079783.404.15$3,307
Jul 2011083494.144.52$3,767
Jun 2011092692.904.64$4,297
May 2011083698.134.40$3,682
Apr 20110960105.964.33$4,160
Mar 2011097896.364.06$3,968
Feb 2011067285.644.18$2,809
Jan 2011073986.504.59$3,391
Dec 2010075085.734.35$3,261
Nov 2010085980.843.80$3,260
Oct 2010089978.103.51$3,154
Sep 2010073772.633.98$2,933
Aug 2010067973.684.42$3,001
Jul 2010084572.554.74$4,002
Jun 2010076870.364.91$3,771
May 20107986971.124.24$9,299
Apr 2010066081.694.12$2,721
Mar 2010069678.394.39$3,055
Feb 2010063773.585.44$3,467
Jan 2010090074.365.96$5,368
Dec 2009091971.445.48$5,040
Nov 2009073174.593.75$2,742
Oct 2009062372.544.11$2,561
Sep 2009063765.543.06$1,952
Aug 2009065567.423.22$2,108
Jul 2009066361.133.46$2,297
Jun 2009069066.163.90$2,688
May 200901,28154.743.93$5,029
Apr 2009091746.773.59$3,290
Mar 2009073042.144.06$2,963
Feb 2009045532.814.63$2,108
Jan 200901,32135.865.37$7,095
Dec 200802,53637.105.98$15,158
Nov 200802,19155.496.86$15,031
Oct 2008812,78775.246.92$25,386
Sep 200802,478101.767.88$19,519
Aug 200802,823114.228.48$23,948
Jul 200802,842131.0811.39$32,369
Jun 200801,757131.3313.03$22,898
May 2008781,606123.1711.57$28,196
Apr 200801,520110.3110.45$15,891
Mar 200801,648101.909.66$15,926
Feb 200801,38392.538.77$12,130
Jan 2008331,53290.388.21$15,554
Dec 200701,98288.337.30$14,473
Nov 200702,08291.677.29$15,181
Oct 200702,43582.856.92$16,855
Sep 200702,19075.846.24$13,675
Aug 2007532,25769.066.39$18,078
Jul 200702,59070.906.39$16,545
Jun 200702,60162.007.55$19,634
May 2007883,00858.747.85$28,771
Apr 200701,79659.617.81$14,018
Mar 200702,34856.927.30$17,145
Feb 200702,34755.108.22$19,283
Jan 2007731,95850.306.73$16,843
Dec 200602,17656.656.92$15,055
Nov 2006781,88154.207.62$18,556
Oct 200601,91654.906.01$11,522
Sep 200602,41360.085.04$12,155
Aug 200602,57068.717.34$18,864
Jul 2006762,90169.376.34$23,672
Jun 200602,61166.286.38$16,668
May 200602,94166.016.42$18,896
Apr 200602,81864.397.36$20,742
Mar 2006683,09356.707.08$25,763
Feb 200602,92157.597.75$22,641
Jan 200603,30560.598.93$29,525
Dec 2005882,93154.9413.42$44,155
Nov 2005665,40054.6910.59$60,787
Oct 200505,65458.3413.80$78,001
Sep 2005786,04261.4512.08$77,774
Aug 2005856,45561.519.80$68,467
Jul 20051383,43555.697.84$34,628
Jun 200506,40752.337.38$47,290
May 200508,14745.226.65$54,187
Apr 200502,86949.207.36$21,117
Mar 200504050.377.15$286

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 2025 — as filed, then multipliedworked
Condensate             0 bbl  × $ 62.74 =         $0
Gas                   21 Mcf  × $  3.08 =        $65

────────────────────────────────────────────────────
Month total                                      $65

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/208546 is the state's own key, not one this site invented.