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Royalty Clerk

Texas oil lease · RRC district 7B · Lease 23418

No report in 6+ months

NAIL 150 "E"

Nail 150 "E" is an oil lease in Shackelford County, Texas, operated by FTC Consulting, LLC in the Roark (Tannehill) field. The Railroad Commission shows 3 bbl of oil in the 12 months through Apr 2025.

Oil lease dossier · 3 wells

3bbl oil, last 12 months−99% vs prior year
Operator
FTC Consulting, LLC
County
Shackelford County
Field
Roark (Tannehill)
RRC lease
7B-23418

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Where it sits

This county

Shackelford CountyShackelfordEastlandJonesThrockmortonStephensYoungHaskellShackelford County
Shackelford County · RRC district 7BOpen Shackelford County →
Oil in Apr 2025
0 bbl
Reporting to the state
since Jan 2020
Wells
3
Data through
Apr 2025

Production

Month by month, from the state record

What the Railroad Commission says this oil lease produced. Oil is in barrels (bbl). Gas is in thousand cubic feet (mcf).

Oil output fell 99% over the last 12 months

3 bbl in the 12 months through Apr 2025, against 329 bbl in the 12 months before.

  • Oil (bars, left axis)
  • Last 12 months
Oil output fell 99% over the last 12 monthsMonthly oil production for NAIL 150 "E", May 2022 to Apr 2025. Oil output fell 99% over the last 12 months. 3 bbl in the 12 months through Apr 2025, against 329 bbl in the 12 months before.Last 12 months: 3 bblbbl per month050100150200Jul 22OctJan 23AprJulOctJan 24AprJulOctJan 25Apr
Oil output fell 99% over the last 12 monthsMonthly oil production for NAIL 150 "E", May 2022 to Apr 2025. Oil output fell 99% over the last 12 months. 3 bbl in the 12 months through Apr 2025, against 329 bbl in the 12 months before.Last 12 monthsbbl per month050100150200Jul 22Jan 23JulJan 24JulJan 25

SourceTexas Railroad Commission Production Data Query, oil lease 23418, district 7B. Reported through Jul 2026. The state revises recent months.

Gas disposition

Where the gas went

Every month the operator tells the state where each mcf of gas went, using a code. The code decides how your gas is paid.

No gas disposition reported for this lease

The operator has not reported where the gas went in the months we hold.

Operator history

Who has run this lease

The operator runs the wells and pays your royalty. When the operator changes, payments often slip for a month or two.

The operator changed once, most recently in Jun 2020

If your statements skip or shrink around a change, ask the new operator's owner relations department whether the month is in suspense.

Operators of this lease over timeM & K Operating LLC, Jan 2020 to May 2020; FTC Consulting, LLC, Jun 2020 to Apr 2025202020212022202320242025Changed Jun 2020M & K Operating LLCJan 2020 to May 2020FTC Consulting, LLCJun 2020 to now
Operators of this lease over timeM & K Operating LLC, Jan 2020 to May 2020; FTC Consulting, LLC, Jun 2020 to Apr 2025202020212022202320242025Changed Jun 2020M & K Operating LLCJan 2020 to May 2020FTC Consulting, LLCJun 2020 to now

SourceTexas Railroad Commission Production Data Query, operator by month. Reported through Jul 2026.

Wells

3 wells on this lease

Every well the Railroad Commission links to oil lease 23418 in district 7B. The API number is the state’s ID for a well.
Wells on NAIL 150 "E"
API numberWell no.Status
42-417-368552Shut-in
42-417-37114101Shut-in
42-417-37263102Shut-in

SourceTexas Railroad Commission Wellbore Query, district 7B, lease 23418.

Who buys and gathers

Who moves and buys this lease's production

The operator files a Form P-4 with the Railroad Commission naming the companies authorised to gather and buy the oil and gas. The buyer's price is the one your royalty is figured on.

  • Oil

    Transoil Marketing, LLC gathers it.

    100% of it, on the list since Sep 25, 2017

SourceRailroad Commission of Texas, Form P-4 file, dated Sep 24, 2026 (source). A listed company is authorised to move or buy the production; the state does not say what it paid.

Who buys my oil and gasIs my oil price fair?

Unit and wells

5 acres on the newest permit

Acres and wells as the operator filed them on its Railroad Commission drilling permits. Your decimal is your net acres over the unit acres, so this is the number to hold your division order against.
Wells on the permits
43 not plugged
Horizontal
0
First completion
Dec 12, 1985
Latest permit
Apr 20, 1989

The wells on this lease state different acreage

The permits state between 5 and 40 acres. Use the acres from your own division order for the well you are paid on.

Wells and acres on the permits for Nail 150 "E"
API numberWell no.Acreson the permit
42-417-372631025
42-417-371141015
42-417-36855240
42-417-36565140

SourceRailroad Commission of Texas, drilling permits and wellbore file, Sep 26, 2026 (source 1, source 2). The acres are what the operator filed; they are not a survey.

Check my decimal against the unit

Estimator

Estimate your royalty for this lease

A rough check before you look at a statement: the state volumes times your decimal, priced at WTI and Henry Hub.

Estimator

What could your check be?

Your decimal interest is the small number on your division order that says what share of the whole lease (8/8ths) is yours. Type it in and we apply it to what the state says NAIL 150 "E" sold each month.

For example 0.00097656, or a fraction like 1/1024.

Your estimate appears here

Enter your decimal to see an estimated royalty for each of the last 12 months this lease reported. Nothing you type leaves your browser.

An estimate, not your check

It ignores gathering and processing fees, taxes, plant products and the price your operator actually gets, so your statement will differ. Use it as a ceiling to compare against.

Ledger

36 months, newest first

Compare these numbers with your statements. Your share of a month is the “Oil sold” volume times your decimal. Scroll sideways on a phone.
Monthly production, disposition and prices for NAIL 150 "E"
MonthOil producedbblOil soldbblWTI$ per bblHenry Hub$ per MMBtu
Apr 2025FTC Consulting,00$63.54$3.42
Mar 2025FTC Consulting,00$68.24$4.12
Feb 2025FTC Consulting,00$71.53$4.19
Jan 2025FTC Consulting,00$75.74$4.13
Dec 2024FTC Consulting,00$70.12$3.01
Nov 2024FTC Consulting,00$69.95$2.12
Oct 2024FTC Consulting,00$71.99$2.20
Sep 2024FTC Consulting,00$70.24$2.28
Aug 2024FTC Consulting,00$76.68$1.99
Jul 2024FTC Consulting,10$81.80$2.07
Jun 2024FTC Consulting,10$79.77$2.54
May 2024FTC Consulting,10$80.02$2.12
Apr 2024FTC Consulting,10$85.35$1.60
Mar 2024FTC Consulting,10$81.28$1.49
Feb 2024FTC Consulting,20$77.25$1.72
Jan 2024FTC Consulting,20$74.15$3.18
Dec 2023FTC Consulting,30$71.90$2.52
Nov 2023FTC Consulting,50$77.69$2.71
Oct 2023FTC Consulting,50$85.64$2.98
Sep 2023FTC Consulting,200$89.43$2.64
Aug 2023FTC Consulting,250$81.39$2.58
Jul 2023FTC Consulting,980$76.07$2.55
Jun 2023FTC Consulting,137137$70.25$2.18
May 2023FTC Consulting,300$71.58$2.15
Apr 2023FTC Consulting,38148$79.45$2.16
Mar 2023FTC Consulting,280$73.28$2.31
Feb 2023FTC Consulting,620$76.83$2.38
Jan 2023FTC Consulting,50$78.12$3.27
Dec 2022FTC Consulting,160166$76.44$5.53
Nov 2022FTC Consulting,5152$84.37$5.45
Oct 2022FTC Consulting,40$87.55$5.66
Sep 2022FTC Consulting,50$84.26$7.88
Aug 2022FTC Consulting,20$93.67$8.81
Jul 2022FTC Consulting,20$101.62$7.28
Jun 2022FTC Consulting,20$114.84$7.70
May 2022FTC Consulting,30$109.55$8.14

No report filed More than 3% of gas flared

SourceVolumes: Texas Railroad Commission Production Data Query, reported through Jul 2026. Prices: EIA WTI Cushing spot and Henry Hub spot, monthly, through Aug 2026. “Gas sold” is gas sent to a transmission line (code 2) or a plant (code 3).

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Around this lease

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Everything on this page connects to the operator, field and county records. Start from any of them.

This lease belongs to

OperatorFTC Consulting, LLCFieldRoark (Tannehill)CountyShackelford County

FTC Consulting, LLC in Shackelford County

No other producing leases from this operator in this county are in our data yet.

Roark (Tannehill) field

All leases in this field →

Leases within 10 km

Found by the location of their wells.

Drilling permits within 10 km

How to read this page

Questions owners ask

What is a decimal interest?

It is your share of the whole lease, written as a decimal. A 1/4 royalty on 5 net acres in a 1,280-acre unit is 1/4 × 5 ÷ 1,280 = 0.00097656. Your division order states yours.

How do I use this page to check a royalty check?

Take the “Oil sold” volume for the month the check covers and multiply it by your decimal. The answer should match the barrels on your statement. If it does not, upload the statement and we will show where the two differ.

Why is the newest month Apr 2025?

The Railroad Commission publishes production two to three months after the fact and revises recent months. We re-pull the latest three months on every update.

Does this page show what my check should be?

No. It shows what the state recorded. Prices, fees and taxes depend on your lease and on what your operator gets for the oil and gas. The estimator gives a ceiling to compare against.

Sources and method

Where these numbers come from

  • Production and disposition by month: Texas Railroad Commission Production Data Query, oil lease 23418, district 7B, reported through Jul 2026.
  • Wells: Texas Railroad Commission Wellbore Query.
  • Prices: U.S. Energy Information Administration, WTI Cushing spot and Henry Hub spot, monthly.
  • Page updated Sep 28, 2026.

We show the state’s numbers as filed. Where the state has no report for a month, we say so instead of guessing.