BRAD NAIL
BRAD NAIL is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Crownquest Operating, LLC. It has 2 wellbores on file with the Commission. Reported production runs from December 2021 to August 2026, totalling 429,139 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 $2.9M, with roughly $1.4M 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 2,225 barrels a month, about 1,112 per wellbore. Its strongest month on the record we hold was April 2022, at 29,122 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 BRAD NAIL
- Who operates BRAD NAIL?
- BRAD NAIL is operated by Crownquest Operating, LLC, Railroad Commission of Texas operator number 191554.
- Where is BRAD NAIL?
- BRAD NAIL is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 56771.
- Is BRAD NAIL still producing?
- BRAD NAIL is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BRAD NAIL is August 2026.
- How much has BRAD NAIL produced?
- BRAD NAIL has reported 429,139 barrels of oil (bbl) to the Railroad Commission of Texas between December 2021 and August 2026, from 2 wellbores.
- How much is BRAD NAIL worth?
- The remaining production from BRAD NAIL is estimated to be worth about $2.9M in total as of 26 August 2026, within a range of $2.4M to $3.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BRAD NAIL is a fraction of it. The estimate fits an Arps decline curve to the production BRAD NAIL has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BRAD NAIL is an estimate of value, not an offer and not an appraisal.
- How much income does BRAD NAIL generate in a year?
- BRAD NAIL is forecast to net about $1.4M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BRAD NAIL 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 | 56771 |
| Wellbores | 2 |
| Reported production | 429,139 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.9M |
Where BRAD NAIL 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.