BENT NAIL LS

Operated by OXYROCK OPERATING, LLC (P-5 102324) 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 48503District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$37.9 M
Nov 2016 – May 2026
Value, last 12 filed months
$1.7 M
at the published price for each month
Months reported
115
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
OilDisposition585,446 bbl$33,881,554
Casinghead gasProduction1,174,485 Mcf$3,972,744
Total$37,854,298

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 32.1056, -102.0167. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.10563, -102.01666 · 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
8,927 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 8,927 ft.

Completions filed
Nov 2016
1 of 1 wells

1 well

42-317405023HS8,927 ftNov 2016

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 (115)

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

115 months

May 20261,6679,219106.413.05$205,465
Apr 20261,2577,96398.932.87$147,207
Mar 20261,3888,72289.753.15$152,042
Feb 20261,4738,24063.503.75$124,438
Jan 20261,4499,03959.138.00$157,973
Dec 20251,5668,64656.664.41$126,887
Nov 20251,5089,25058.593.93$124,673
Oct 20251,6159,42659.383.30$127,050
Sep 20251,5058,33762.743.08$120,076
Aug 20251,6047,14363.933.01$124,078
Jul 20251,7456,11466.743.32$136,730
Jun 20251,6003,88166.483.13$118,511
May 20251,4143,60560.553.23$97,270
Apr 20251,4683,98662.363.54$105,667
Mar 20251,8935,17767.704.27$150,253
Feb 20252,1564,98070.884.34$174,435
Jan 20251,2638,15174.324.28$128,742
Dec 20241,1558,79968.993.12$107,148
Nov 20241,6496,44569.052.20$128,032
Oct 20241,0749,37771.372.28$98,044
Sep 20241,7487,08169.612.36$138,420
Aug 20242,0117,65575.632.06$167,889
Jul 20242,1537,88679.932.15$189,017
Jun 20242,0967,51078.082.63$183,437
May 20241,9466,43678.812.20$167,513
Apr 20241,4254,65884.451.66$128,070
Mar 20242,2897,99680.301.55$196,162
Feb 20241,9327,48576.091.78$160,356
Jan 20242,4307,87273.023.30$203,398
Dec 20232,4548,02571.262.61$195,823
Nov 20232,1997,51177.892.81$192,368
Oct 20232,3038,19985.443.09$222,081
Sep 20232,3038,09189.042.74$227,188
Aug 20232,3388,36780.522.67$210,620
Jul 20232,4077,71274.852.64$200,538
Jun 20232,4057,91868.962.26$183,731
May 20232,3947,96870.622.23$186,812
Apr 20232,2617,31278.122.24$192,992
Mar 20232,5298,55372.852.39$204,706
Feb 20232,4297,68575.112.47$201,391
Jan 20232,8948,34076.533.39$249,731
Dec 20223,1178,77376.415.73$288,431
Nov 20222,5788,85585.005.65$269,127
Oct 20222,87511,62387.185.86$318,797
Sep 20222,97010,92084.888.16$341,241
Aug 20223,16910,13094.529.13$391,992
Jul 20222,8497,865101.587.54$348,720
Jun 20222,7357,689115.097.98$376,108
May 20223,0718,203109.378.43$405,052
Apr 20223,4258,706104.226.84$416,482
Mar 20224,16410,172108.885.08$505,013
Feb 20223,2198,36791.054.86$333,744
Jan 20223,3018,64681.844.54$309,387
Dec 20213,1998,93371.323.90$262,984
Nov 20213,4959,05277.435.24$318,022
Oct 20213,5989,54479.795.71$341,618
Sep 20213,61710,27669.865.35$307,670
Aug 20213,86811,16466.024.22$302,484
Jul 20213,93210,78770.783.98$321,262
Jun 20213,69710,16169.493.38$291,255
May 20214,37610,47863.483.02$309,408
Apr 20213,4439,26560.362.76$233,376
Mar 20214,0279,81061.302.72$273,508
Feb 20214,5347,91457.805.55$305,972
Jan 20213,4717,68450.412.81$196,567
Dec 20203,8688,55744.642.68$195,561
Nov 20203,6988,08138.772.71$165,243
Oct 20204,2068,92236.972.48$177,608
Sep 20203,8608,82337.091.99$160,734
Aug 20204,29410,01139.982.39$195,551
Jul 20204,54210,43638.371.83$193,323
Jun 20204,5759,99334.901.69$176,559
May 20204,86810,24216.921.81$100,953
Apr 20204,6489,30414.751.80$85,346
Mar 20204,8699,13330.341.86$164,678
Feb 20205259,92149.881.98$45,837
Jan 20205,41911,72757.252.09$334,803
Dec 20195,80511,57059.012.30$369,215
Nov 20195,50111,31355.302.75$335,324
Oct 20195,57411,02853.472.42$324,713
Sep 20195,55511,89455.052.66$337,408
Aug 20196,21111,41053.112.30$356,159
Jul 20196,10610,25356.272.46$368,808
Jun 20195,0589,97852.782.49$291,818
May 20195,9968,65258.482.74$374,355
Apr 20193,9605,55162.632.75$263,284
Mar 20194,7485,94056.803.06$287,875
Feb 20197,5166,88850.852.79$401,421
Jan 20196,6043,57446.033.23$315,520
Dec 20186,3107,56646.594.19$325,650
Nov 20186,8909,69152.934.24$405,751
Oct 20186,8906,41861.443.40$445,130
Sep 20184,4156,65159.543.11$283,540
Aug 20188,26012,29159.403.07$528,335
Jul 20188,46412,49765.142.93$587,985
Jun 20189,27312,92360.183.08$597,812
May 20189,77813,90265.382.90$679,613
Apr 20189,97014,85063.842.90$679,562
Mar 201810,91616,86261.222.79$715,269
Feb 20189,85214,07761.782.77$647,595
Jan 201811,90115,29962.874.01$809,554
Dec 201710,56016,54357.272.92$653,102
Nov 20179,82315,08455.423.12$591,428
Oct 201712,38917,08049.292.98$661,615
Sep 201712,42317,21847.523.09$643,498
Aug 201714,36522,47645.373.00$719,267
Jul 201715,00124,03243.873.09$732,287
Jun 201714,81421,46942.493.09$695,728
May 201717,39524,51045.373.26$869,197
Apr 201718,19324,88547.933.21$951,911
Mar 201720,34027,11046.772.98$1,032,189
Feb 201721,20825,89650.452.95$1,146,404
Jan 201724,25026,36649.413.42$1,288,333
Dec 201613,63513,81148.763.72$716,259
Nov 20160042.492.64$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                1,667 bbl  × $106.41 =   $177,385
Casinghead gas     9,219 Mcf  × $  3.05 =    $28,080

────────────────────────────────────────────────────
Month total                                 $205,465

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/48503 is the state's own key, not one this site invented.