PICKARD, EUGENE
PICKARD, EUGENE is a Texas oil lease in Shackelford County, Railroad Commission district 7B, operated by Grothe Bros. It has 9 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 9,425 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 $4K, with roughly $754 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 1 barrels a month. Its strongest month on the record we hold was April 2019, at 48 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 PICKARD, EUGENE
- Who operates PICKARD, EUGENE?
- PICKARD, EUGENE is operated by Grothe Bros., Railroad Commission of Texas operator number 335410.
- Where is PICKARD, EUGENE?
- PICKARD, EUGENE is a Texas oil lease in Shackelford County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 03472.
- Is PICKARD, EUGENE still producing?
- PICKARD, EUGENE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PICKARD, EUGENE is August 2026.
- How much has PICKARD, EUGENE produced?
- PICKARD, EUGENE has reported 9,425 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 9 wellbores.
- How much is PICKARD, EUGENE worth?
- The remaining production from PICKARD, EUGENE is estimated to be worth about $4K in total as of 26 August 2026, within a range of $0 to $8K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PICKARD, EUGENE is a fraction of it. The estimate fits an Arps decline curve to the production PICKARD, EUGENE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PICKARD, EUGENE is an estimate of value, not an offer and not an appraisal.
- How much income does PICKARD, EUGENE generate in a year?
- PICKARD, EUGENE is forecast to net about $754 across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PICKARD, EUGENE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Grothe Bros. |
|---|---|
| Field | Shackelford County Regular |
| County | Shackelford County, Texas |
| RRC district | 7B |
| Lease number | 03472 |
| Wellbores | 9 |
| Reported production | 9,425 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $4K |
Where PICKARD, EUGENE 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.