NAIL RANCH
NAIL RANCH is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Element Petro Operating Ii, Llc. It has 5 wellbores on file with the Commission. Reported production runs from October 2012 to August 2026, totalling 413,849 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $52K, with roughly $19K expected over the next twelve months.
| Operator | Element Petro Operating Ii, Llc |
|---|---|
| Field | Spraberry (Trend Area) R 40 Exc |
| County | Martin County, Texas |
| RRC district | 08 |
| Lease number | 45283 |
| Wellbores | 5 |
| Reported production | 413,849 bbl |
| First reported | October 2012 |
| Last reported | August 2026 |
| Estimated royalty value | $52K |
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal.