NAIL

Name: NAIL lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by HENRY PETROLEUM LP (P-5 378642) in the SPRABERRY (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 22981District 08Field 85280300OilCasinghead gasSave Export

Value, all time

$203 k

Jan 1993 – Dec 2007

Value, last 12 filed months

at the published price for each month

Months reported

180

no gaps in the span

Streams

oil, casinghead gas

The SPRABERRY (TREND AREA) field

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 16,587 leases and 43,997 wells, and the rule below applies to all of them.

Discovered

1952-12-22

as the register files it

Field class

Oil and gas

the register's own label

Between wells

0 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2018-02-13.

The Commission's schedule remark for this field reads: “SPRABERRY (TREND AREA) FIELD EFFECTIVE 10/1/2019.”

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

Stream	Basis	Volume	Value
Oil	Disposition	11,461 bbl	$185,333
Casinghead gas	Production	24,333 Mcf	$17,791
Total			$203,124

16,534 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (3)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 32.1125, -102.0372. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.9 miles.

32.11341, -102.03707 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule

100.0%

3 of 3 wells

With a plug date

100.0%

3 of 3 wells

Median depth

10,650 ft

3 wells filed one

Completion to plug

14.3 years

median over 3 wells

What the state filed about each well

On the RRC proration schedule

3100.0%

A plug date is filed

3100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

3100.0%

NeitherNo plug date, and not on the schedule.

00.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

Between 10,650 and 10,683 ft, median 10,650 ft, over the 3 wells that filed a depth.

Completions filed

Sep 1973 – Apr 1974

3 of 3 wells

Plug dates filed

Jan 1985 – Nov 1999

3 of 3 wells

Last completion to plug: a median of 14.3 years across the 3 wells that filed both dates, with the middle half between 12.6 years and 20.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells


42-31731012	3	10,650 ft	Apr 1974	Jan 1985	Yes
42-31730805	2	10,650 ft	Feb 1974	Nov 1999	Yes
42-31730994	4	10,683 ft	Sep 1973	Jan 1988	Yes

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (180)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

180 months


Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	0	62.00	7.55	$0
May 2007	0	0	58.74	7.85	$0
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	0	0	69.37	6.34	$0
Jun 2006	0	0	66.28	6.38	$0
May 2006	0	0	66.01	6.42	$0
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	0	56.70	7.08	$0
Feb 2006	0	0	57.59	7.75	$0
Jan 2006	0	0	60.59	8.93	$0
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	0	0	54.69	10.59	$0
Oct 2005	0	0	58.34	13.80	$0
Sep 2005	0	0	61.45	12.08	$0
Aug 2005	0	0	61.51	9.80	$0
Jul 2005	0	0	55.69	7.84	$0
Jun 2005	0	0	52.33	7.38	$0
May 2005	0	0	45.22	6.65	$0
Apr 2005	0	0	49.20	7.36	$0
Mar 2005	0	0	50.37	7.15	$0
Feb 2005	0	0	45.22	6.31	$0
Jan 2005	0	0	43.16	6.32	$0
Dec 2004	0	0	39.86	6.75	$0
Nov 2004	0	0	45.28	6.33	$0
Oct 2004	0	0	49.70	6.52	$0
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	0	0	42.37	5.55	$0
Jul 2004	0	0	38.28	6.08	$0
Jun 2004	0	0	36.10	6.43	$0
May 2004	0	0	37.48	6.49	$0
Apr 2004	0	0	34.47	5.86	$0
Mar 2004	0	0	34.36	5.53	$0
Feb 2004	0	0	32.45	5.51	$0
Jan 2004	0	0	32.03	6.30	$0
Dec 2003	0	0	30.26	6.30	$0
Nov 2003	0	0	28.80	4.60	$0
Oct 2003	0	0	28.17	4.76	$0
Sep 2003	0	0	26.31	4.75	$0
Aug 2003	0	0	29.76	5.13	$0
Jul 2003	0	0	29.41	5.17	$0
Jun 2003	0	0	28.56	5.98	$0
May 2003	0	0	26.59	5.97	$0
Apr 2003	0	0	26.67	5.41	$0
Mar 2003	0	0	31.14	6.10	$0
Feb 2003	0	0	33.48	7.93	$0
Jan 2003	0	0	30.31	5.58	$0
Dec 2002	0	0	26.91	4.85	$0
Nov 2002	0	0	24.66	4.14	$0
Oct 2002	0	0	26.46	4.23	$0
Sep 2002	0	0	27.44	3.64	$0
Aug 2002	0	0	25.96	3.16	$0
Jul 2002	0	0	24.58	3.06	$0
Jun 2002	0	0	23.73	3.34	$0
May 2002	0	0	24.66	3.58	$0
Apr 2002	0	0	23.65	3.51	$0
Mar 2002	0	0	22.00	3.10	$0
Feb 2002	0	0	18.22	2.38	$0
Jan 2002	0	0	17.17	2.38	$0
Dec 2001	0	0	16.93	2.36	$0
Nov 2001	0	0	18.07	2.41	$0
Oct 2001	0	0	19.78	2.53	$0
Sep 2001	0	0	24.26	2.25	$0
Aug 2001	0	0	24.87	3.05	$0
Jul 2001	0	0	23.93	3.20	$0
Jun 2001	0	0	24.56	3.82	$0
May 2001	0	0	25.52	4.31	$0
Apr 2001	0	0	24.68	5.34	$0
Mar 2001	0	0	24.54	5.38	$0
Feb 2001	0	0	27.75	5.77	$0
Jan 2001	0	0	27.47	8.40	$0
Dec 2000	0	0	26.88	9.12	$0
Nov 2000	0	0	32.21	5.66	$0
Oct 2000	0	0	31.23	5.15	$0
Sep 2000	0	0	31.87	5.19	$0
Aug 2000	0	0	29.64	4.54	$0
Jul 2000	0	0	28.53	4.09	$0
Jun 2000	0	0	29.30	4.40	$0
May 2000	0	0	27.26	3.68	$0
Apr 2000	0	0	24.51	3.12	$0
Mar 2000	0	0	28.42	2.86	$0
Feb 2000	0	0	27.62	2.73	$0
Jan 2000	45	0	25.27	2.48	$1,137
Dec 1999	0	0	24.28	2.42	$0
Nov 1999	0	0	23.19	2.43	$0
Oct 1999	0	0	20.98	2.80	$0
Sep 1999	0	0	21.75	2.62	$0
Aug 1999	0	0	19.26	2.88	$0
Jul 1999	0	0	17.89	2.37	$0
Jun 1999	0	0	15.94	2.36	$0
May 1999	125	0	15.79	2.32	$1,974
Apr 1999	0	49	15.10	2.21	$108
Mar 1999	178	308	12.47	1.84	$2,786
Feb 1999	170	327	9.98	1.82	$2,291
Jan 1999	0	346	10.38	1.90	$657
Dec 1998	141	234	9.20	1.77	$1,712
Nov 1998	177	308	10.89	2.19	$2,601
Oct 1998	170	311	12.42	1.97	$2,724
Sep 1998	172	362	12.59	2.08	$2,919
Aug 1998	177	358	11.30	1.91	$2,683
Jul 1998	0	352	11.74	2.24	$788
Jun 1998	176	124	11.24	2.24	$2,256
May 1998	1	114	12.62	2.21	$264
Apr 1998	155	214	13.04	2.51	$2,557
Mar 1998	185	240	12.80	2.31	$2,922
Feb 1998	176	218	13.95	2.30	$2,956
Jan 1998	155	286	14.70	2.15	$2,895
Dec 1997	173	304	16.32	2.41	$3,556
Nov 1997	2	240	18.19	3.09	$778
Oct 1997	168	309	19.25	3.15	$4,207
Sep 1997	169	317	17.74	2.95	$3,935
Aug 1997	1	229	17.86	2.55	$603
Jul 1997	169	355	17.58	2.25	$3,769
Jun 1997	185	324	17.24	2.26	$3,921
May 1997	171	307	18.97	2.31	$3,953
Apr 1997	1	338	17.88	2.08	$722
Mar 1997	360	360	18.95	1.94	$7,520
Feb 1997	1	304	20.49	2.21	$691
Jan 1997	1	261	23.48	3.54	$947
Dec 1996	153	390	23.32	—	$3,568
Nov 1996	140	390	21.97	—	$3,076
Oct 1996	150	364	23.31	—	$3,497
Sep 1996	166	340	22.22	—	$3,689
Aug 1996	179	271	20.26	—	$3,627
Jul 1996	0	342	19.55	—	$0
Jun 1996	126	318	18.73	—	$2,360
May 1996	147	365	19.43	—	$2,856
Apr 1996	148	314	21.51	—	$3,183
Mar 1996	157	346	19.38	—	$3,043
Feb 1996	156	329	16.98	—	$2,649
Jan 1996	178	360	17.07	—	$3,038
Dec 1995	155	307	17.19	—	$2,664
Nov 1995	152	307	16.00	—	$2,432
Oct 1995	151	151	15.43	—	$2,330
Sep 1995	0	185	16.18	—	$0
Aug 1995	302	388	15.92	—	$4,808
Jul 1995	150	433	15.24	—	$2,286
Jun 1995	170	275	16.41	—	$2,790
May 1995	116	411	17.56	—	$2,037
Apr 1995	182	325	17.73	—	$3,227
Mar 1995	168	357	16.44	—	$2,762
Feb 1995	172	305	16.58	—	$2,852
Jan 1995	164	368	15.92	—	$2,611
Dec 1994	176	397	15.03	—	$2,645
Nov 1994	171	402	15.90	—	$2,719
Oct 1994	171	387	15.58	—	$2,664
Sep 1994	164	370	15.29	—	$2,508
Aug 1994	322	435	16.13	—	$5,194
Jul 1994	152	455	17.56	—	$2,669
Jun 1994	161	331	17.09	—	$2,751
May 1994	176	416	15.88	—	$2,795
Apr 1994	160	387	14.14	—	$2,262
Mar 1994	221	386	12.46	—	$2,754
Feb 1994	162	314	12.50	—	$2,025
Jan 1994	337	270	12.66	—	$4,266
Dec 1993	0	228	12.33	—	$0
Nov 1993	0	94	14.49	—	$0
Oct 1993	156	336	15.85	—	$2,473
Sep 1993	171	390	15.03	—	$2,570
Aug 1993	168	428	15.66	—	$2,631
Jul 1993	354	422	15.46	—	$5,473
Jun 1993	185	403	16.79	—	$3,106
May 1993	166	377	17.68	—	$2,935
Apr 1993	180	381	18.05	—	$3,249
Mar 1993	174	350	18.14	—	$3,156
Feb 1993	177	282	17.90	—	$3,168
Jan 1993	171	352	16.93	—	$2,895

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

Jan 2000 — as filed, then multipliedworked

Oil                   45 bbl  × $ 25.27 =     $1,137
Casinghead gas         0 Mcf  × $  2.48 =         $0

────────────────────────────────────────────────────
Month total                                   $1,137

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 08/O/22981 is the state's own key, not one this site invented.