PICKHARDT 68
PICKHARDT 68 is a Texas gas lease in Hemphill County, Railroad Commission district 10, operated by Apache Corporation. It has 1 wellbore on file with the Commission. Reported production runs from February 2014 to August 2026, totalling 251,866 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 $94K, with roughly $25K 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 439 thousand cubic feet a month. Its strongest month on the record we hold was December 2019, at 2,427 thousand cubic feet. 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 PICKHARDT 68
- Who operates PICKHARDT 68?
- PICKHARDT 68 is operated by Apache Corporation, Railroad Commission of Texas operator number 027200.
- Where is PICKHARDT 68?
- PICKHARDT 68 is a Texas gas lease in Hemphill County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 275008.
- Is PICKHARDT 68 still producing?
- PICKHARDT 68 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PICKHARDT 68 is August 2026.
- How much has PICKHARDT 68 produced?
- PICKHARDT 68 has reported 251,866 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between February 2014 and August 2026, from 1 wellbore.
- How much is PICKHARDT 68 worth?
- The remaining production from PICKHARDT 68 is estimated to be worth about $94K in total as of 26 August 2026, within a range of $73K to $115K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PICKHARDT 68 is a fraction of it. The estimate fits an Arps decline curve to the production PICKHARDT 68 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PICKHARDT 68 is an estimate of value, not an offer and not an appraisal.
- How much income does PICKHARDT 68 generate in a year?
- PICKHARDT 68 is forecast to net about $25K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PICKHARDT 68 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Apache Corporation |
|---|---|
| Field | Lipscomb, S.E. (Cleveland) |
| County | Hemphill County, Texas |
| RRC district | 10 |
| Lease number | 275008 |
| Wellbores | 1 |
| Reported production | 251,866 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $94K |
Where PICKHARDT 68 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.