NAIL -H-
NAIL -H- is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Parker & Parsley Development Co. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 57,313 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 $972K, with roughly $184K 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 272 barrels a month, about 136 per wellbore. Its strongest month on the record we hold was May 2024, at 1,466 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 NAIL -H-
- Who operates NAIL -H-?
- NAIL -H- is operated by Parker & Parsley Development Co., Railroad Commission of Texas operator number 640889.
- Where is NAIL -H-?
- NAIL -H- is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 28700.
- Is NAIL -H- still producing?
- NAIL -H- is currently producing. The most recent month of production reported to the Railroad Commission of Texas for NAIL -H- is August 2026.
- How much has NAIL -H- produced?
- NAIL -H- has reported 57,313 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is NAIL -H- worth?
- The remaining production from NAIL -H- is estimated to be worth about $972K in total as of 26 August 2026, within a range of $758K to $1.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in NAIL -H- is a fraction of it. The estimate fits an Arps decline curve to the production NAIL -H- has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for NAIL -H- is an estimate of value, not an offer and not an appraisal.
- How much income does NAIL -H- generate in a year?
- NAIL -H- is forecast to net about $184K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in NAIL -H- receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Parker & Parsley Development Co. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Martin County, Texas |
| RRC district | 08 |
| Lease number | 28700 |
| Wellbores | 2 |
| Reported production | 57,313 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $972K |
Where NAIL -H- 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.