PICKPOCKET 21
PICKPOCKET 21 is a Texas gas lease in Reeves County, Railroad Commission district 08, operated by MDC Texas Operator LLC. It has 1 wellbore on file with the Commission. Reported production runs from March 2019 to August 2026, totalling 859,130 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 $504K, with roughly $173K 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 2,922 thousand cubic feet a month. Its strongest month on the record we hold was March 2019, at 47,755 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 PICKPOCKET 21
- Who operates PICKPOCKET 21?
- PICKPOCKET 21 is operated by MDC Texas Operator LLC, Railroad Commission of Texas operator number 556511.
- Where is PICKPOCKET 21?
- PICKPOCKET 21 is a Texas gas lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 290166.
- Is PICKPOCKET 21 still producing?
- PICKPOCKET 21 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PICKPOCKET 21 is August 2026.
- How much has PICKPOCKET 21 produced?
- PICKPOCKET 21 has reported 859,130 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between March 2019 and August 2026, from 1 wellbore.
- How much is PICKPOCKET 21 worth?
- The remaining production from PICKPOCKET 21 is estimated to be worth about $504K in total as of 26 August 2026, within a range of $418K to $590K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PICKPOCKET 21 is a fraction of it. The estimate fits an Arps decline curve to the production PICKPOCKET 21 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PICKPOCKET 21 is an estimate of value, not an offer and not an appraisal.
- How much income does PICKPOCKET 21 generate in a year?
- PICKPOCKET 21 is forecast to net about $173K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PICKPOCKET 21 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | MDC Texas Operator LLC |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 290166 |
| Wellbores | 1 |
| Reported production | 859,130 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $504K |
Where PICKPOCKET 21 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.