NE NAIL 10
NE NAIL 10 is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Crownquest Operating, LLC. It has 5 wellbores on file with the Commission. Reported production runs from November 2014 to August 2026, totalling 252,958 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $2.5M, with roughly $532K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 661 barrels a month, about 132 per wellbore. Its strongest month on the record we hold was June 2016, at 3,880 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about NE NAIL 10
- Who operates NE NAIL 10?
- NE NAIL 10 is operated by Crownquest Operating, LLC, Railroad Commission of Texas operator number 191554.
- Where is NE NAIL 10?
- NE NAIL 10 is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 45798.
- Is NE NAIL 10 still producing?
- NE NAIL 10 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for NE NAIL 10 is August 2026.
- How much has NE NAIL 10 produced?
- NE NAIL 10 has reported 252,958 barrels of oil (bbl) to the Railroad Commission of Texas between November 2014 and August 2026, from 5 wellbores.
- How much is NE NAIL 10 worth?
- The remaining production from NE NAIL 10 is estimated to be worth about $2.5M in total as of 26 August 2026, within a range of $1.9M to $3.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in NE NAIL 10 is a fraction of it. The estimate fits an Arps decline curve to the production NE NAIL 10 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for NE NAIL 10 is an estimate of value, not an offer and not an appraisal.
- How much income does NE NAIL 10 generate in a year?
- NE NAIL 10 is forecast to net about $532K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in NE NAIL 10 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Crownquest Operating, LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Martin County, Texas |
| RRC district | 08 |
| Lease number | 45798 |
| Wellbores | 5 |
| Reported production | 252,958 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.5M |
Where NE NAIL 10 sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
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. How this estimate is calculated.