TOE NAIL E
TOE NAIL E is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Crownquest Operating, LLC. It has 4 wellbores on file with the Commission. Reported production runs from January 2020 to August 2026, totalling 801,246 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 $10.8M, with roughly $2.2M 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 2,694 barrels a month, about 673 per wellbore. Its strongest month on the record we hold was March 2020, at 75,961 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 TOE NAIL E
- Who operates TOE NAIL E?
- TOE NAIL E is operated by Crownquest Operating, LLC, Railroad Commission of Texas operator number 191554.
- Where is TOE NAIL E?
- TOE NAIL E is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 53769.
- Is TOE NAIL E still producing?
- TOE NAIL E is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TOE NAIL E is August 2026.
- How much has TOE NAIL E produced?
- TOE NAIL E has reported 801,246 barrels of oil (bbl) to the Railroad Commission of Texas between January 2020 and August 2026, from 4 wellbores.
- How much is TOE NAIL E worth?
- The remaining production from TOE NAIL E is estimated to be worth about $10.8M in total as of 26 August 2026, within a range of $9.0M to $12.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TOE NAIL E is a fraction of it. The estimate fits an Arps decline curve to the production TOE NAIL E has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TOE NAIL E is an estimate of value, not an offer and not an appraisal.
- How much income does TOE NAIL E generate in a year?
- TOE NAIL E is forecast to net about $2.2M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in TOE NAIL E 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 | 53769 |
| Wellbores | 4 |
| Reported production | 801,246 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $10.8M |
Where TOE NAIL E 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.