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Texas oil lease

Producing

NAIL RANCH 151

Nail Ranch 151 is an oil lease in Shackelford County, Texas, operated by S2 Oil, LLC (1) in the Roark (Tannehill) field.

4 wells

20bbl oil, last 12 months−90% vs prior year
RRC lease
7B-24121

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Where it sits

This county

Shackelford CountyShackelfordEastlandJonesThrockmortonStephensYoungHaskellShackelford County
Shackelford County
Oil in Jul 2026
3 bbl
Reporting since
Jan 2020

Checks stopped on this lease?

  • Operator

    Operator changed: S2 Oil, LLC (1) took over from Sanders Energy LLC in Apr 2026.

  • P-5

    The previous operator's P-5 registration is listed as delinquent (last P-5 filed Mar 3, 2025).

  • Sales

    No sales reported for the last 12 months of state data (through Jul 2026).

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

See why checks stop on this lease

Production by month

Oil output fell 90% over the last 12 months

  • Oil (bars)
  • Last 12 months
Oil output fell 90% over the last 12 monthsMonthly oil production for NAIL RANCH 151, Aug 2023 to Jul 2026. Oil output fell 90% over the last 12 months. 20 bbl in the 12 months through Jul 2026, against 194 bbl in the 12 months before.Last 12 months: 20 bblbbl per month01020304050Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 90% over the last 12 monthsMonthly oil production for NAIL RANCH 151, Aug 2023 to Jul 2026. Oil output fell 90% over the last 12 months. 20 bbl in the 12 months through Jul 2026, against 194 bbl in the 12 months before.Last 12 monthsbbl per month01020304050Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

No gas disposition reported for this lease

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

Who has run this lease

The operator changed once, most recently in Apr 2026

Operators of this lease over timeSanders Energy LLC, Jan 2020 to Mar 2026; S2 Oil, LLC (1), Apr 2026 to Jul 20262020202120222023202420252026Changed Apr 2026Sanders Energy LLCJan 2020 to Mar 2026S2 Oil, LLC (1)Apr 2026 to now
Operators of this lease over timeSanders Energy LLC, Jan 2020 to Mar 2026; S2 Oil, LLC (1), Apr 2026 to Jul 20262020202120222023202420252026Changed Apr 2026Sanders Energy LLCJan 2020 to Mar 2026S2 Oil, LLC (1)Apr 2026 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

4 wells on this lease

Wells on NAIL RANCH 151
API numberWell no.Status
42-417-36836J 16Shut-in
42-417-36881J 17Shut-in
42-417-36905J 25Shut-in
42-417-36914J 26Shut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Bml, Inc. BOilGathers100May 12, 2026–
Transoil Marketing, LLCOilGathers100Jul 1, 2017May 12, 2026

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

5 acres on the newest permit

Permits for Nail Ranch 151
API numberWell no.Acreson the permit
42-417-36914J 265
42-417-36905J 255
42-417-36881J 175
42-417-36836J 165

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

Estimate your royalty

36 months, newest first

Ledger for NAIL RANCH 151
MonthOil producedbblOil soldbblWTI$/bblHenry Hub$/MMBtu
Jul 2026S2 Oil,30$80.46$2.89
Jun 2026S2 Oil,50$84.81$3.15
May 2026S2 Oil,70$102.13$2.94
Apr 2026S2 Oil,50$100.32$2.77
Mar 2026Sanders Energy00$91.38$3.04
Feb 2026Sanders Energy00$64.51$3.62
Jan 2026Sanders Energy00$60.04$7.72
Dec 2025Sanders Energy00$57.97$4.26
Nov 2025Sanders Energy00$60.06$3.79
Oct 2025Sanders Energy00$60.89$3.19
Sep 2025Sanders Energy00$63.96$2.97
Aug 2025Sanders Energy00$64.86$2.91
Jul 2025Sanders Energy1530$68.39$3.20
Jun 2025Sanders Energy328$68.17$3.02
May 2025Sanders Energy110$62.17$3.12
Apr 2025Sanders Energy110$63.54$3.42
Mar 2025Sanders Energy4931$68.24$4.12
Feb 2025Sanders Energy1231$71.53$4.19
Jan 2025Sanders Energy160$75.74$4.13
Dec 2024Sanders Energy1527$70.12$3.01
Nov 2024Sanders Energy200$69.95$2.12
Oct 2024Sanders Energy627$71.99$2.20
Sep 2024Sanders Energy220$70.24$2.28
Aug 2024Sanders Energy1428$76.68$1.99
Jul 2024Sanders Energy100$81.80$2.07
Jun 2024Sanders Energy1528$79.77$2.54
May 2024Sanders Energy2029$80.02$2.12
Apr 2024Sanders Energy180$85.35$1.60
Mar 2024Sanders Energy2829$81.28$1.49
Feb 2024Sanders Energy1027$77.25$1.72
Jan 2024Sanders Energy70$74.15$3.18
Dec 2023Sanders Energy3328$71.90$2.52
Nov 2023Sanders Energy80$77.69$2.71
Oct 2023Sanders Energy2029$85.64$2.98
Sep 2023Sanders Energy130$89.43$2.64
Aug 2023Sanders Energy724$81.39$2.58

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

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Nearby

S2 Oil, LLC (1) in Shackelford County

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Roark (Tannehill) field

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