Stephens County Appraisal District contracts with Thomas Y. Pickett & Co. to appraise oil and gas properties as well as maintain lease ownership information.
Oil and gas producing leaseholds are a unique class of property and highly technical to appraise. The appraisal of mineral producing property determines the present worth of future benefits to be derived from recoverable oil or gas reserves.
Each year our petroleum engineering and appraisal staff appraises each producing property to accurately reflect changing conditions. Current reservoir analysis, price of products, production rates and operational costs are utilized in the income approach to determine current market value.
Thomas Y. Pickett has a long and notable record of mineral appraisal service to their clients. They have served many of these clients over a span of ninety years.
For more information we encourage you to contact Thomas Y. Pickett @ 833-788-0773.
For Mineral Ownership questions please contact Julie Lewis at JulieL@typco.com and;
For Mineral Value question please contact Michael Parks at MichaelP@typco.com
Thomas Y. Pickett Corporate Office
14665 Midway Road, Suite 100
Addison, TX 75001