Skip to content
Royalty Clerk

Texas oil lease

Producing

NAIL -P- '38'

Nail -P- '38' is an oil lease in Martin County, Texas, operated by Prime Operating Company in the Sale Ranch (Strawn) field.

1 well

2,254bbl oil, last 12 months−42% vs prior year
RRC lease
08-43912

Is your check right?

Check my statement

Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
2,611 mcf
Oil in Jul 2026
291 bbl

Production by month

Oil output fell 42% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 42% over the last 12 monthsMonthly oil production and gas for NAIL -P- '38', Aug 2023 to Jul 2026. Oil output fell 42% over the last 12 months. 2,254 bbl in the 12 months through Jul 2026, against 3,860 bbl in the 12 months before.Last 12 months: 2,254 bblbbl per monthmcf per month001002002004003006004008005001,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 42% over the last 12 monthsMonthly oil production and gas for NAIL -P- '38', Aug 2023 to Jul 2026. Oil output fell 42% over the last 12 months. 2,254 bbl in the 12 months through Jul 2026, against 3,860 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001002002004003006004008005001,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to a processing plant in the last 12 months

All of the gas went to a processing plant in the last 12 monthsShare of NAIL -P- '38' gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a processing plant in the last 12 monthsShare of NAIL -P- '38' gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant in the last 12 months.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on NAIL -P- '38'
API numberWell no.Status
42-317-376641Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Plains Marketing, L.p.OilGathers100Sep 20, 2012
West Texas Gas, Inc.Casinghead gasBuys100Sep 20, 2012
West Texas Gas, Inc.Casinghead gasGathers100Sep 20, 2012

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

41 acres on the newest permit

Permits for Nail -P- '38'
API numberWell no.Acreson the permit
42-317-37664141

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

Estimate your royalty

36 months, newest first

Ledger for NAIL -P- '38'
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20262913554074070$80.46$2.89
Jun 20262903574914910$84.81$3.15
May 20262651794134130$102.13$2.94
Apr 20262651783953950$100.32$2.77
Mar 20262943173343340$91.38$3.04
Feb 20262815252162160$64.51$3.62
Jan 202612801321320$60.04$7.72
Dec 202515516191910$57.97$4.26
Nov 202515517461610$60.06$3.79
Oct 202591037370$60.89$3.19
Sep 202539012120$63.96$2.97
Aug 20250022220$64.86$2.91
Jul 202513176440$68.39$3.20
Jun 20253531823733730$68.17$3.02
May 20254075095225220$62.17$3.12
Apr 20254515353853850$63.54$3.42
Mar 20254635443453450$68.24$4.12
Feb 202523303693690$71.53$4.19
Jan 20253573624294290$75.74$4.13
Dec 20243383603343340$70.12$3.01
Nov 20243203512992990$69.95$2.12
Oct 20243253552562560$71.99$2.20
Sep 2024285180000$70.24$2.28
Aug 202431535616160$76.68$1.99
Jul 20246917837370$81.80$2.07
Jun 20244021772132130$79.77$2.54
May 20243093561091090$80.02$2.12
Apr 20242143551191190$85.35$1.60
Mar 2024166055550$81.28$1.49
Feb 202438185000$77.25$1.72
Jan 202444011110$74.15$3.18
Dec 20232361801011010$71.90$2.52
Nov 202322936076760$77.69$2.71
Oct 2023122032320$85.64$2.98
Sep 2023298356000$89.43$2.64
Aug 202339535689890$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

How to check your stub against this lease Checks stopped on this lease? See the likely reasons

Do your checks match this lease?

Nearby

Prime Operating Company in Martin County

All Prime Operating Company leases →

Sale Ranch (Strawn) field

All leases in this field →

Leases within 10 km

Drilling permits within 10 km