NAIL '34'

Operated by DIAMONDBACK E&P LLC (P-5 217012) 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 46976District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$18.1 M
Sep 2015 – May 2026
Value, last 12 filed months
$1.1 M
at the published price for each month
Months reported
129
no gaps in the span
Streams
2
oil, casinghead gas

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.

StreamBasisVolumeValue
OilDisposition292,865 bbl$16,350,394
Casinghead gasProduction569,855 Mcf$1,738,279
Total$18,088,673

Wells on this lease (4)

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 32.1197, -102.0520. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

32.11970, -102.05203 · centre of the wells drawn, derived

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
0.0%
0 of 4 wells
With a plug date
0.0%
0 of 4 wells
Median depth
11,428 ft
4 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
4100.0%

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 11,375 and 11,472 ft, median 11,428 ft, over the 4 wells that filed a depth.

Completions filed
Sep 2015 – Apr 2016
4 of 4 wells

4 wells

42-31739747411,450 ftApr 2016
42-31739743211,375 ftSep 2015
42-31739746311,472 ftSep 2015
42-31739741111,405 ftSep 2015

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 (129)

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

129 months

May 20269081,070106.413.05$99,879
Apr 20261,08646698.932.87$108,775
Mar 20261,4692,14689.753.15$138,601
Feb 20261,4711,32363.503.75$98,370
Jan 20261,6651,11559.138.00$107,369
Dec 20251,1281,08056.664.41$68,679
Nov 20251,3041,15558.593.93$80,936
Oct 20251,0931,36559.383.30$69,413
Sep 20251,4942,09962.743.08$100,192
Aug 20251,8162,46163.933.01$123,516
Jul 202555244766.743.32$38,322
Jun 20251,2911,09166.483.13$89,239
May 20251,64757860.553.23$101,594
Apr 202536477862.363.54$25,456
Mar 20251,0871,27167.704.27$79,015
Feb 20251,4771,92670.884.34$113,050
Jan 20251,8572,02774.324.28$146,685
Dec 20241,4733,00468.993.12$110,999
Nov 20241,4802,74069.052.20$108,218
Oct 20241,8343,09471.372.28$137,951
Sep 20241,7993,13469.612.36$132,638
Aug 20247252,03675.632.06$59,033
Jul 20241,2782,68479.932.15$107,912
Jun 20241,4192,72778.082.63$117,978
May 20247201,52578.812.20$60,096
Apr 20241,6123,34984.451.66$141,690
Mar 20241,8383,40080.301.55$152,845
Feb 20241,6252,74876.091.78$128,548
Jan 20241,2652,77373.023.30$101,515
Dec 20231,9803,40771.262.61$149,990
Nov 20231,0812,48077.892.81$91,162
Oct 20231,8233,68785.443.09$167,140
Sep 20231,4302,92189.042.74$135,316
Aug 20231,7533,64080.522.67$150,881
Jul 20231,5994,10074.852.64$130,517
Jun 20231,8083,95968.962.26$133,621
May 20231,0731,56070.622.23$79,250
Apr 20231,0793,36478.122.24$91,819
Mar 20231,9223,56372.852.39$148,545
Feb 20231,4613,04875.112.47$117,251
Jan 20231,8393,46276.533.39$152,467
Dec 20221,9973,63476.415.73$173,410
Nov 20221,6113,56185.005.65$157,041
Oct 20221,6413,01187.185.86$160,718
Sep 20221,4563,92984.888.16$155,660
Aug 20222,0114,46094.529.13$230,787
Jul 20222,3544,760101.587.54$275,020
Jun 20221,2832,037115.097.98$163,910
May 20221,8073,354109.378.43$225,916
Apr 20222,0003,578104.226.84$232,905
Mar 20221,6753,222108.885.08$198,730
Feb 20221,1262,05891.054.86$112,522
Jan 20221,9802,80681.844.54$174,776
Dec 20211,5722,72471.323.90$122,736
Nov 20211,5723,02877.435.24$137,577
Oct 20211,7113,00579.795.71$153,691
Sep 20211,4182,59869.865.35$112,963
Aug 20211,0272,82966.024.22$79,743
Jul 20211,6923,07870.783.98$132,017
Jun 20211,2192,26469.493.38$92,362
May 20211,2412,67763.483.02$86,857
Apr 20211,3662,35260.362.76$88,940
Mar 20212,2403,34461.302.72$146,397
Feb 20215111,57157.805.55$38,252
Jan 20211,5742,33650.412.81$85,910
Dec 20201,3842,36944.642.68$68,120
Nov 20201,2071,90538.772.71$51,951
Oct 20201,8613,98836.972.48$78,685
Sep 20202,0433,99137.091.99$83,721
Aug 20202,0434,03839.982.39$91,310
Jul 20201,8874,25038.371.83$80,161
Jun 20201,6264,04834.901.69$63,590
May 20203471,25216.921.81$8,143
Apr 20201,9014,35914.751.80$35,905
Mar 20202,2985,23230.341.86$79,433
Feb 20202,0836,01549.881.98$115,814
Jan 20202,3495,22857.252.09$145,432
Dec 20192,0845,15359.012.30$134,851
Nov 20192,5965,03455.302.75$157,406
Oct 20192,4605,24753.472.42$144,226
Sep 20192,7615,87255.052.66$167,597
Aug 20192,1763,46053.112.30$123,540
Jul 20191,6773,01256.272.46$101,774
Jun 20192,8185,59852.782.49$162,680
May 20191,9474,04658.482.74$124,948
Apr 20192,2613,34062.632.75$150,794
Mar 20192,9004,98856.803.06$179,994
Feb 20194,2332,80950.852.79$223,091
Jan 20191861,22146.033.23$12,503
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20181,9342,42359.543.11$122,681
Aug 20182,4855,36159.403.07$164,049
Jul 20181,7823,92765.142.93$127,593
Jun 20182,3054,66560.183.08$153,069
May 20182,7855,44065.382.90$197,864
Apr 20182,7035,60263.842.90$188,810
Mar 20183,0915,77461.222.79$205,322
Feb 20182,1434,93561.782.77$146,045
Jan 20183,0325,54162.874.01$212,837
Dec 20172,9465,72757.272.92$185,449
Nov 20172,6325,60355.423.12$163,338
Oct 20172,9816,50249.292.98$166,333
Sep 20172,8266,57447.523.09$154,587
Aug 20173,0487,19945.373.00$159,916
Jul 20173,3577,67343.873.09$170,960
Jun 20172,8507,17942.493.09$143,260
May 20173,3118,01945.373.26$176,389
Apr 20173,3927,82247.933.21$187,700
Mar 20174,2758,77746.772.98$226,130
Feb 20172,5665,53850.452.95$145,806
Jan 20173,8878,38349.413.42$220,716
Dec 20164,3259,08148.763.72$244,694
Nov 20164,2968,99942.492.64$206,334
Oct 20164,3549,27046.193.09$229,758
Sep 20163,4207,37741.553.10$164,974
Aug 20164,94912,08541.442.92$240,427
Jul 20166,82618,17841.622.92$337,257
Jun 20166,13014,73645.352.69$317,574
May 20167,53213,76742.521.99$347,671
Apr 20164,3207,53436.561.99$172,940
Mar 20166,52612,57833.011.79$237,988
Feb 20165,88810,51626.472.06$177,556
Jan 20166,48812,03927.352.36$205,911
Dec 20156,63612,43932.362.00$239,637
Nov 20158,13013,42638.792.17$344,461
Oct 20155,4179,94543.552.43$260,043
Sep 20152,4605,74742.992.76$121,608

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.

May 2026 — as filed, then multipliedworked
Oil                  908 bbl  × $106.41 =    $96,620
Casinghead gas     1,070 Mcf  × $  3.05 =     $3,259

────────────────────────────────────────────────────
Month total                                  $99,879

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/46976 is the state's own key, not one this site invented.