NAIL "103" UNIT
NAIL "103" UNIT is a Texas oil lease in Shackelford County, Railroad Commission district 7B, operated by Breck Operating Corp. It has 2 wellbores on file with the Commission. Reported production runs from August 1993 to August 2026, totalling 45,498 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 $246K, with roughly $47K 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 56 barrels a month, about 28 per wellbore. Its strongest month on the record we hold was April 2022, at 220 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 "103" UNIT
- Who operates NAIL "103" UNIT?
- NAIL "103" UNIT is operated by Breck Operating Corp., Railroad Commission of Texas operator number 089974.
- Where is NAIL "103" UNIT?
- NAIL "103" UNIT is a Texas oil lease in Shackelford County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 26979.
- Is NAIL "103" UNIT still producing?
- NAIL "103" UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for NAIL "103" UNIT is August 2026.
- How much has NAIL "103" UNIT produced?
- NAIL "103" UNIT has reported 45,498 barrels of oil (bbl) to the Railroad Commission of Texas between August 1993 and August 2026, from 2 wellbores.
- How much is NAIL "103" UNIT worth?
- The remaining production from NAIL "103" UNIT is estimated to be worth about $246K in total as of 27 August 2026, within a range of $135K to $357K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in NAIL "103" UNIT is a fraction of it. The estimate fits an Arps decline curve to the production NAIL "103" UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for NAIL "103" UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does NAIL "103" UNIT generate in a year?
- NAIL "103" UNIT is forecast to net about $47K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in NAIL "103" UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Breck Operating Corp. |
|---|---|
| Field | Antelope Hills (Caddo) |
| County | Shackelford County, Texas |
| RRC district | 7B |
| Lease number | 26979 |
| Wellbores | 2 |
| Reported production | 45,498 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $246K |
Where NAIL "103" UNIT 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.