PICKERING LUMBER CO.
PICKERING LUMBER CO. is a Texas gas lease in Shelby County, Railroad Commission district 06, operated by Xto Energy Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 2008 to August 2026, totalling 1,521,360 thousand cubic feet. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $215K, with roughly $50K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 3,082 thousand cubic feet a month. Its strongest month on the record we hold was March 2019, at 37,485 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about PICKERING LUMBER CO.
- Who operates PICKERING LUMBER CO.?
- PICKERING LUMBER CO. is operated by Xto Energy Inc., Railroad Commission of Texas operator number 945936.
- Where is PICKERING LUMBER CO.?
- PICKERING LUMBER CO. is a Texas gas lease in Shelby County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 234857.
- Is PICKERING LUMBER CO. still producing?
- PICKERING LUMBER CO. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PICKERING LUMBER CO. is August 2026.
- How much has PICKERING LUMBER CO. produced?
- PICKERING LUMBER CO. has reported 1,521,360 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 2008 and August 2026, from 1 wellbore.
- How much is PICKERING LUMBER CO. worth?
- The remaining production from PICKERING LUMBER CO. is estimated to be worth about $215K in total as of 26 August 2026, within a range of $179K to $252K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PICKERING LUMBER CO. is a fraction of it. The estimate fits an Arps decline curve to the production PICKERING LUMBER CO. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PICKERING LUMBER CO. is an estimate of value, not an offer and not an appraisal.
- How much income does PICKERING LUMBER CO. generate in a year?
- PICKERING LUMBER CO. is forecast to net about $50K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PICKERING LUMBER CO. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Xto Energy Inc. |
|---|---|
| Field | Joaquin (Travis Peak) |
| County | Shelby County, Texas |
| RRC district | 06 |
| Lease number | 234857 |
| Wellbores | 1 |
| Reported production | 1,521,360 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $215K |
Where PICKERING LUMBER CO. sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.