NAIL-P '1A'

Operated by PRIME OPERATING COMPANY (P-5 677770) 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 47760District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$2.4 M
Aug 2014 – May 2026
Value, last 12 filed months
$76 k
at the published price for each month
Months reported
142
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
OilDisposition38,905 bbl$2,222,279
Casinghead gasProduction42,501 Mcf$129,185
Total$2,351,464

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 32.1219, -101.9865. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.12189, -101.98646 · 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 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
11,198 ft
1 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.
1100.0%

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 11,198 ft.

Completions filed
Sep 2014
1 of 1 wells

1 well

42-31739488111,198 ftSep 2014

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 (142)

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

142 months

May 202676151106.413.05$8,547
Apr 202617812798.932.87$17,974
Mar 202617911389.753.15$16,421
Feb 20261699563.503.75$11,088
Jan 20261717359.138.00$10,695
Dec 202507356.664.41$322
Nov 202505458.593.93$212
Oct 202503859.383.30$126
Sep 202502862.743.08$86
Aug 202501763.933.01$51
Jul 2025155066.743.32$10,345
Jun 202502666.483.13$81
May 202535415660.553.23$21,939
Apr 202516919462.363.54$11,226
Mar 202517221467.704.27$12,558
Feb 202518122270.884.34$13,793
Jan 202518025274.324.28$14,456
Dec 202418114768.993.12$12,946
Nov 202417818769.052.20$12,702
Oct 202435831371.372.28$26,265
Sep 202417736069.612.36$13,172
Aug 202435710575.632.06$27,217
Jul 202417414479.932.15$14,217
Jun 202417812178.082.63$14,217
May 2024015778.812.20$345
Apr 202435414884.451.66$30,141
Mar 202402080.301.55$31
Feb 202401576.091.78$27
Jan 20240073.023.30$0
Dec 20233555571.262.61$25,441
Nov 2023182077.892.81$14,176
Oct 2023171085.443.09$14,610
Sep 2023170989.042.74$15,161
Aug 202315919380.522.67$13,319
Jul 20230874.852.64$21
Jun 2023012068.962.26$271
May 20231821970.622.23$12,895
Apr 202317910878.122.24$14,225
Mar 20230072.852.39$0
Feb 202308075.112.47$197
Jan 202318332976.533.39$15,120
Dec 202235634676.415.73$29,184
Nov 202236033285.005.65$32,475
Oct 2022017887.185.86$1,044
Sep 20223338284.888.16$28,934
Aug 202217714294.529.13$18,026
Jul 202217793101.587.54$18,681
Jun 2022354114115.097.98$41,651
May 2022180180109.378.43$21,205
Apr 2022177270104.226.84$20,293
Mar 2022175194108.885.08$20,039
Feb 202218111391.054.86$17,029
Jan 202218633881.844.54$16,756
Dec 202135338271.323.90$26,665
Nov 202136330677.435.24$29,710
Oct 202133435779.795.71$28,690
Sep 202135043569.865.35$26,779
Aug 202103566.024.22$148
Jul 202117926370.783.98$13,717
Jun 202117813769.493.38$12,832
May 202117922863.483.02$12,051
Apr 202135923760.362.76$22,323
Mar 202118227261.302.72$11,896
Feb 202118317257.805.55$11,532
Jan 202136519450.412.81$18,945
Dec 202018229544.642.68$8,914
Nov 202017826938.772.71$7,629
Oct 202017933436.972.48$7,445
Sep 202017831037.091.99$7,219
Aug 202035035539.982.39$14,840
Jul 202035823338.371.83$14,162
Jun 202018112634.901.69$6,530
May 20200016.921.81$0
Apr 202018116614.751.80$2,969
Mar 202036259130.341.86$12,080
Feb 202036255149.881.98$19,148
Jan 202036259857.252.09$21,977
Dec 201955057959.012.30$33,790
Nov 201936466255.302.75$21,950
Oct 201936149553.472.42$20,500
Sep 201935767755.052.66$21,452
Aug 201934475753.112.30$20,014
Jul 201971664756.272.46$41,881
Jun 201935999652.782.49$21,429
May 201954079258.482.74$33,750
Apr 201918147862.632.75$12,651
Mar 201936534056.803.06$21,773
Feb 20193658250.852.79$18,789
Jan 2019366046.033.23$16,847
Dec 201832411946.594.19$15,593
Nov 201818516952.934.24$10,508
Oct 20183489661.443.40$21,707
Sep 201836429659.543.11$22,593
Aug 201836760759.403.07$23,661
Jul 201834326365.142.93$23,114
Jun 20185262260.183.08$31,722
May 201870710765.382.90$46,534
Apr 201854540663.842.90$35,971
Mar 201835427561.222.79$22,438
Feb 20183653861.782.77$22,655
Jan 201836148862.874.01$24,653
Dec 201769067057.272.92$41,474
Nov 201704455.423.12$137
Oct 201752829449.292.98$26,902
Sep 201717955847.523.09$10,229
Aug 20179011,18345.373.00$44,433
Jul 201751232343.873.09$23,459
Jun 2017014142.493.09$435
May 2017183045.373.26$8,303
Apr 201718020947.933.21$9,299
Mar 201735972646.772.98$18,957
Feb 201754257450.452.95$29,039
Jan 201753861149.413.42$28,671
Dec 201607648.763.72$283
Nov 201618212042.492.64$8,051
Oct 20165411,10246.193.09$28,394
Sep 201654078941.553.10$24,883
Aug 201608241.442.92$240
Jul 201670260541.622.92$30,986
Jun 201636070845.352.69$18,228
May 201635876342.521.99$16,741
Apr 201651664736.561.99$20,153
Mar 201654171133.011.79$19,134
Feb 201652871126.472.06$15,443
Jan 201689284827.352.36$26,401
Dec 201588394732.362.00$30,469
Nov 201534572038.792.17$14,943
Oct 20151,9622,01843.552.43$90,342
Sep 201533056642.992.76$15,748
Aug 201508940.162.87$256
Jul 201516210248.152.95$8,101
Jun 2015013356.152.88$383
May 201517919155.212.96$10,447
Apr 2015015049.822.71$406
Mar 201518517542.892.93$8,448
Feb 201518618244.662.98$8,848
Jan 2015017343.433.10$536
Dec 20141666354.693.59$9,305
Nov 201415919770.464.25$12,041
Oct 201434234878.303.90$28,136
Sep 201450186286.164.05$46,653
Aug 20140089.394.04$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.

May 2026 — as filed, then multipliedworked
Oil                   76 bbl  × $106.41 =     $8,087
Casinghead gas       151 Mcf  × $  3.05 =       $460

────────────────────────────────────────────────────
Month total                                   $8,547

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/47760 is the state's own key, not one this site invented.