PICKENS ZAV
PICKENS ZAV is a Texas oil lease in Zavala County, Railroad Commission district 01, operated by Chesapeake Operating, Inc. It has 2 wellbores on file with the Commission. Reported production runs from August 2011 to August 2026, totalling 231,442 barrels. 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 $1.5M, with roughly $325K 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 418 barrels a month, about 209 per wellbore. Its strongest month on the record we hold was October 2018, at 2,117 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 PICKENS ZAV
- Who operates PICKENS ZAV?
- PICKENS ZAV is operated by Chesapeake Operating, Inc., Railroad Commission of Texas operator number 147715.
- Where is PICKENS ZAV?
- PICKENS ZAV is a Texas oil lease in Zavala County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 15711.
- Is PICKENS ZAV still producing?
- PICKENS ZAV is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PICKENS ZAV is August 2026.
- How much has PICKENS ZAV produced?
- PICKENS ZAV has reported 231,442 barrels of oil (bbl) to the Railroad Commission of Texas between August 2011 and August 2026, from 2 wellbores.
- How much is PICKENS ZAV worth?
- The remaining production from PICKENS ZAV is estimated to be worth about $1.5M in total as of 27 August 2026, within a range of $1.2M to $1.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PICKENS ZAV is a fraction of it. The estimate fits an Arps decline curve to the production PICKENS ZAV has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PICKENS ZAV is an estimate of value, not an offer and not an appraisal.
- How much income does PICKENS ZAV generate in a year?
- PICKENS ZAV is forecast to net about $325K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PICKENS ZAV receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Chesapeake Operating, Inc. |
|---|---|
| Field | Briscoe Ranch (Eagleford) |
| County | Zavala County, Texas |
| RRC district | 01 |
| Lease number | 15711 |
| Wellbores | 2 |
| Reported production | 231,442 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.5M |
Where PICKENS ZAV 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.