NAIL "U"

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

Operated by PIONEER NATURAL RES. USA, INC. (P-5 665748) 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 23711District 08Field 85280300OilCasinghead gasSave Export

Value, all time

$146 k

Jan 1993 – Mar 2008

Value, last 12 filed months

at the published price for each month

Months reported

183

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	7,428 bbl	$134,312
Casinghead gas	Production	12,384 Mcf	$11,194
Total			$145,506

8,265 Mcf of this lease's gas, across 44 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 (1)

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 32.0985, -102.0860. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.09850, -102.08597 · 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%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

9,520 ft

1 wells filed one

Completion to plug

29.8 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

1100.0%

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

1100.0%

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

The one well that filed a depth was drilled to 9,520 ft.

Completions filed

Aug 1975

1 of 1 wells

Plug dates filed

Jun 2005

1 of 1 wells

Last completion to plug: a median of 29.8 years across the 1 well that filed both dates, with the middle half between 29.8 years and 29.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-31731399	1	9,520 ft	Aug 1975	Jun 2005	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 (183)

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

183 months


Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	0	90.38	8.21	$0
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	35	0	34.47	5.86	$1,206
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	146	0	22.00	3.10	$3,212
Feb 2002	0	60	18.22	2.38	$143
Jan 2002	164	61	17.17	2.38	$2,961
Dec 2001	178	79	16.93	2.36	$3,200
Nov 2001	155	112	18.07	2.41	$3,070
Oct 2001	0	19	19.78	2.53	$48
Sep 2001	0	0	24.26	2.25	$0
Aug 2001	0	474	24.87	3.05	$1,447
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	37	24.54	5.38	$199
Feb 2001	166	0	27.75	5.77	$4,607
Jan 2001	0	44	27.47	8.40	$370
Dec 2000	0	6	26.88	9.12	$55
Nov 2000	0	6	32.21	5.66	$34
Oct 2000	161	37	31.23	5.15	$5,218
Sep 2000	0	74	31.87	5.19	$384
Aug 2000	0	34	29.64	4.54	$154
Jul 2000	172	38	28.53	4.09	$5,063
Jun 2000	0	103	29.30	4.40	$453
May 2000	0	87	27.26	3.68	$320
Apr 2000	169	77	24.51	3.12	$4,382
Mar 2000	0	53	28.42	2.86	$152
Feb 2000	168	38	27.62	2.73	$4,744
Jan 2000	0	17	25.27	2.48	$42
Dec 1999	0	29	24.28	2.42	$70
Nov 1999	161	73	23.19	2.43	$3,911
Oct 1999	0	127	20.98	2.80	$356
Sep 1999	0	132	21.75	2.62	$346
Aug 1999	156	74	19.26	2.88	$3,217
Jul 1999	0	82	17.89	2.37	$195
Jun 1999	160	91	15.94	2.36	$2,765
May 1999	0	69	15.79	2.32	$160
Apr 1999	161	59	15.10	2.21	$2,561
Mar 1999	0	129	12.47	1.84	$237
Feb 1999	0	109	9.98	1.82	$198
Jan 1999	148	92	10.38	1.90	$1,711
Dec 1998	0	66	9.20	1.77	$117
Nov 1998	143	60	10.89	2.19	$1,688
Oct 1998	0	90	12.42	1.97	$177
Sep 1998	160	105	12.59	2.08	$2,233
Aug 1998	0	112	11.30	1.91	$214
Jul 1998	164	125	11.74	2.24	$2,205
Jun 1998	0	37	11.24	2.24	$83
May 1998	0	53	12.62	2.21	$117
Apr 1998	143	66	13.04	2.51	$2,030
Mar 1998	0	53	12.80	2.31	$122
Feb 1998	146	72	13.95	2.30	$2,202
Jan 1998	0	53	14.70	2.15	$114
Dec 1997	139	36	16.32	2.41	$2,355
Nov 1997	0	46	18.19	3.09	$142
Oct 1997	138	72	19.25	3.15	$2,883
Sep 1997	144	73	17.74	2.95	$2,770
Aug 1997	0	55	17.86	2.55	$141
Jul 1997	156	86	17.58	2.25	$2,936
Jun 1997	0	75	17.24	2.26	$169
May 1997	142	71	18.97	2.31	$2,858
Apr 1997	0	68	17.88	2.08	$142
Mar 1997	139	91	18.95	1.94	$2,811
Feb 1997	0	32	20.49	2.21	$71
Jan 1997	137	0	23.48	3.54	$3,217
Dec 1996	0	0	23.32	—	$0
Nov 1996	165	0	21.97	—	$3,625
Oct 1996	0	24	23.31	—	$0
Sep 1996	0	1	22.22	—	$0
Aug 1996	135	0	20.26	—	$2,735
Jul 1996	0	3	19.55	—	$0
Jun 1996	141	0	18.73	—	$2,641
May 1996	0	4	19.43	—	$0
Apr 1996	138	58	21.51	—	$2,968
Mar 1996	0	133	19.38	—	$0
Feb 1996	148	98	16.98	—	$2,513
Jan 1996	0	86	17.07	—	$0
Dec 1995	142	138	17.19	—	$2,441
Nov 1995	0	137	16.00	—	$0
Oct 1995	141	151	15.43	—	$2,176
Sep 1995	0	125	16.18	—	$0
Aug 1995	139	123	15.92	—	$2,213
Jul 1995	0	115	15.24	—	$0
Jun 1995	149	129	16.41	—	$2,445
May 1995	0	113	17.56	—	$0
Apr 1995	134	77	17.73	—	$2,376
Mar 1995	0	146	16.44	—	$0
Feb 1995	144	131	16.58	—	$2,388
Jan 1995	0	280	15.92	—	$0
Dec 1994	141	273	15.03	—	$2,119
Nov 1994	150	261	15.90	—	$2,385
Oct 1994	0	223	15.58	—	$0
Sep 1994	0	161	15.29	—	$0
Aug 1994	126	271	16.13	—	$2,032
Jul 1994	143	314	17.56	—	$2,511
Jun 1994	0	297	17.09	—	$0
May 1994	0	270	15.88	—	$0
Apr 1994	109	268	14.14	—	$1,541
Mar 1994	146	263	12.46	—	$1,819
Feb 1994	0	238	12.50	—	$0
Jan 1994	140	257	12.66	—	$1,772
Dec 1993	0	275	12.33	—	$0
Nov 1993	138	265	14.49	—	$2,000
Oct 1993	0	293	15.85	—	$0
Sep 1993	132	274	15.03	—	$1,984
Aug 1993	149	293	15.66	—	$2,333
Jul 1993	0	296	15.46	—	$0
Jun 1993	148	235	16.79	—	$2,485
May 1993	0	234	17.68	—	$0
Apr 1993	142	252	18.05	—	$2,563
Mar 1993	0	197	18.14	—	$0
Feb 1993	137	224	17.90	—	$2,452
Jan 1993	0	259	16.93	—	$0

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.

Apr 2004 — as filed, then multipliedworked

Oil                   35 bbl  × $ 34.47 =     $1,206
Casinghead gas         0 Mcf  × $  5.86 =         $0

────────────────────────────────────────────────────
Month total                                   $1,206

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/23711 is the state's own key, not one this site invented.