RUSTY NAIL
RUSTY NAIL is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Endeavor Energy Resources L.P. It has 1 wellbore on file with the Commission. Reported production runs from October 2016 to August 2026, totalling 206,017 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 $788K, with roughly $378K 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 563 barrels a month. Its strongest month on the record we hold was November 2016, at 14,946 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 RUSTY NAIL
- Who operates RUSTY NAIL?
- RUSTY NAIL is operated by Endeavor Energy Resources L.P., Railroad Commission of Texas operator number 251726.
- Where is RUSTY NAIL?
- RUSTY NAIL is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 48141.
- Is RUSTY NAIL still producing?
- RUSTY NAIL is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RUSTY NAIL is August 2026.
- How much has RUSTY NAIL produced?
- RUSTY NAIL has reported 206,017 barrels of oil (bbl) to the Railroad Commission of Texas between October 2016 and August 2026, from 1 wellbore.
- How much is RUSTY NAIL worth?
- The remaining production from RUSTY NAIL is estimated to be worth about $788K in total as of 26 August 2026, within a range of $615K to $962K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RUSTY NAIL is a fraction of it. The estimate fits an Arps decline curve to the production RUSTY NAIL has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RUSTY NAIL is an estimate of value, not an offer and not an appraisal.
- How much income does RUSTY NAIL generate in a year?
- RUSTY NAIL is forecast to net about $378K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in RUSTY NAIL receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Endeavor Energy Resources L.P. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Martin County, Texas |
| RRC district | 08 |
| Lease number | 48141 |
| Wellbores | 1 |
| Reported production | 206,017 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $788K |
Where RUSTY 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.