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SIXTEEN PENNY NAIL 310A

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 49958District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$24.3 M
Nov 2017 – May 2026
Value, last 12 filed months
$1.6 M
at the published price for each month
Months reported
103
no gaps in the span
Streams
2
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.

StreamBasisVolumeValue
OilDisposition295,883 bbl$19,189,977
Casinghead gasProduction1,429,881 Mcf$5,117,528
Total$24,307,505

Wells on this lease (2)

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 32.0898, -102.0194. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

32.08986, -102.01939 · 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 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
9,027 ft
2 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.
2100.0%

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 8,484 and 9,570 ft, median 9,027 ft, over the 2 wells that filed a depth.

Completions filed
Nov 2017 – Aug 2020
2 of 2 wells

2 wells

42-317425779JM8,484 ftAug 2020——
42-317407313LL9,570 ftNov 2017——

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 (103)

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

103 months

May 20261,17218,280106.413.05$180,390
Apr 202689619,19298.932.87$143,717
Mar 20261,15220,96389.753.15$169,414
Feb 20261,33815,67963.503.75$143,764
Jan 202691516,30459.138.00$184,502
Dec 20251,21216,43056.664.41$141,183
Nov 20251,21716,75358.593.93$137,084
Oct 20251,16917,99859.383.30$128,896
Sep 202599415,73962.743.08$110,791
Aug 202571017,08863.933.01$96,907
Jul 202574215,08466.743.32$99,528
Jun 202579713,83466.483.13$96,267
May 20251,44418,47160.553.23$147,138
Apr 20251,02119,20662.363.54$131,719
Mar 20251,07425,24067.704.27$180,442
Feb 20251,22219,23770.884.34$170,120
Jan 20251,06922,11474.324.28$174,067
Dec 20241,12920,97968.993.12$143,373
Nov 20241,09320,23769.052.20$119,961
Oct 20241,33022,07571.372.28$145,284
Sep 20241,58420,76469.612.36$159,356
Aug 20241,40718,97675.632.06$145,571
Jul 20241,51617,47679.932.15$158,688
Jun 20241,52716,87078.082.63$163,663
May 20241,88016,56478.812.20$184,578
Apr 20241,62414,69384.451.66$161,525
Mar 20241,24819,59180.301.55$130,485
Feb 202499412,91576.091.78$98,669
Jan 20241,04112,15573.023.30$116,097
Dec 20231,10712,02071.262.61$110,266
Nov 20231,81812,28577.892.81$176,095
Oct 20231,41910,93485.443.09$154,996
Sep 20231,0367,74089.042.74$113,415
Aug 20231,56716,15880.522.67$169,363
Jul 20232,20015,67574.852.64$206,080
Jun 20232,18013,52868.962.26$180,886
May 20231,59912,34070.622.23$140,408
Apr 20231,96213,40978.122.24$183,278
Mar 20231,85012,00372.852.39$163,498
Feb 20232,53010,61575.112.47$216,201
Jan 20231,9809,32476.533.39$183,117
Dec 20223,08613,35476.415.73$312,307
Nov 20221,1509,20385.005.65$149,712
Oct 20222,66118,37087.185.86$339,703
Sep 20222,58117,99384.888.16$365,964
Aug 20223,12018,01594.529.13$459,328
Jul 20222,99514,359101.587.54$412,529
Jun 20222,93213,008115.097.98$441,211
May 20222,93313,614109.378.43$435,590
Apr 20222,53313,693104.226.84$357,617
Mar 20223,26614,792108.885.08$430,692
Feb 20222,92413,22691.054.86$330,493
Jan 20223,01222,16381.844.54$347,071
Dec 20213,18221,16871.323.90$309,477
Nov 20212,48714,12477.435.24$266,534
Oct 20212,78414,74879.795.71$306,404
Sep 20214,57818,52369.865.35$418,934
Aug 20214,95221,07466.024.22$415,876
Jul 20214,37319,76670.783.98$388,231
Jun 20215,04119,05569.493.38$414,717
May 20215,30022,78963.483.02$405,214
Apr 20215,37023,89460.362.76$390,043
Mar 20215,95717,17361.302.72$411,822
Feb 20211,90012,02057.805.55$176,506
Jan 20215,66218,13650.412.81$336,388
Dec 20206,38318,15744.642.68$333,515
Nov 20206,60117,53038.772.71$303,367
Oct 20205,86916,52236.972.48$257,926
Sep 20206,72312,16537.091.99$273,577
Aug 20208811,11739.982.39$37,887
Jul 20201,4762,14338.371.83$60,545
Jun 20201,1471,46534.901.69$42,507
May 20205241616.921.81$1,635
Apr 20201,1914,96514.751.80$26,526
Mar 20201,3186,04630.341.86$51,211
Feb 20201,4057,56749.881.98$85,069
Jan 20201,6248,52857.252.09$110,838
Dec 20191,3988,08759.012.30$101,131
Nov 20191,4397,85755.302.75$101,189
Oct 20191,87910,27153.472.42$125,311
Sep 20191,7879,98055.052.66$124,894
Aug 20192,02310,14653.112.30$130,822
Jul 20191,7708,45656.272.46$120,400
Jun 20192,37910,91052.782.49$152,743
May 20192,3919,18358.482.74$164,990
Apr 20192,5899,13562.632.75$187,277
Mar 20193,48011,08956.803.06$231,620
Feb 20198532,46550.852.79$50,258
Jan 20192,8245,24446.033.23$146,917
Dec 20182,9164,40646.594.19$154,297
Nov 20182,5465,03752.934.24$156,103
Oct 20183,0287,41461.443.40$211,234
Sep 20183,5279,50659.543.11$239,542
Aug 20186,02515,05059.403.07$404,037
Jul 20183,3806,77865.142.93$240,045
Jun 20185,61813,65760.183.08$380,113
May 20185,85013,72065.382.90$422,272
Apr 20186,56413,69563.842.90$458,772
Mar 20186,46610,83561.222.79$426,044
Feb 201810,84818,50061.782.77$721,363
Jan 201818,72524,05562.874.01$1,273,685
Dec 201720,36416,58657.272.92$1,214,703
Nov 20170055.423.12$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                1,172 bbl  × $106.41 =   $124,713
Casinghead gas    18,280 Mcf  × $  3.05 =    $55,678

────────────────────────────────────────────────────
Month total                                 $180,390

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/49958 is the state's own key, not one this site invented.