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Royalty Clerk

Texas oil lease · RRC district 7B · Lease 29014

No report in 6+ months

NAIL RANCH

Nail Ranch is an oil lease in Shackelford County, Texas, operated by M & K Operating LLC in the Shackelford County Regular field.

Oil lease dossier · 4 wells

0bbl oil, last 12 months
Operator
M & K Operating LLC
County
Shackelford County
Field
Shackelford County Regular
RRC lease
7B-29014

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Where it sits

This county

Shackelford CountyShackelfordEastlandJonesThrockmortonStephensYoungHaskellShackelford County
Shackelford County · RRC district 7BOpen Shackelford County →
Oil in May 2024
0 bbl
Reporting to the state
since Jan 2020
Wells
4
Data through
May 2024

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).

No production to chart

The state shows zero oil and zero gas for all 36 months we hold (Jun 2021 to May 2024). A lease that is shut in or newly reported looks like this. The ledger below lists each month.

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.

M & K Operating LLC has reported this lease for the whole period

No change of operator in the months we hold.

Operators of this lease over timeM & K Operating LLC, Jan 2020 to May 202420202021202220232024M & K Operating LLCJan 2020 to nowthrough May 2024
Operators of this lease over timeM & K Operating LLC, Jan 2020 to May 202420202021202220232024M & K Operating LLCJan 2020 to nowthrough May 2024

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

Wells

4 wells on this lease

Every well the Railroad Commission links to oil lease 29014 in district 7B. The API number is the state’s ID for a well.
Wells on NAIL RANCH
API numberWell no.Status
42-417-382951551Active
42-417-383272551Active
42-417-383644551Active
42-417-383985551Active

SourceTexas Railroad Commission Wellbore Query, district 7B, lease 29014.

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 Dec 1, 2015

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

320 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
40 not plugged
Horizontal
0
First completion
Jul 11, 2001
Latest permit
May 29, 2003
Wells and acres on the permits for Nail Ranch
API numberWell no.Acreson the permit
42-417-383985551320
42-417-383644551320
42-417-383272551320
42-417-382951551320

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 RANCH 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 RANCH
MonthOil producedbblOil soldbblWTI$ per bblHenry Hub$ per MMBtu
May 2024M &00$80.02$2.12
Apr 2024M &00$85.35$1.60
Mar 2024M &00$81.28$1.49
Feb 2024M &00$77.25$1.72
Jan 2024M &00$74.15$3.18
Dec 2023M &00$71.90$2.52
Nov 2023M &00$77.69$2.71
Oct 2023M &00$85.64$2.98
Sep 2023M &00$89.43$2.64
Aug 2023M &00$81.39$2.58
Jul 2023M &00$76.07$2.55
Jun 2023M &00$70.25$2.18
May 2023M &00$71.58$2.15
Apr 2023M &00$79.45$2.16
Mar 2023M &00$73.28$2.31
Feb 2023M &00$76.83$2.38
Jan 2023M &00$78.12$3.27
Dec 2022M &00$76.44$5.53
Nov 2022M &00$84.37$5.45
Oct 2022M &00$87.55$5.66
Sep 2022M &00$84.26$7.88
Aug 2022M &00$93.67$8.81
Jul 2022M &00$101.62$7.28
Jun 2022M &00$114.84$7.70
May 2022M &00$109.55$8.14
Apr 2022M &00$101.78$6.60
Mar 2022M &00$108.50$4.90
Feb 2022M &00$91.64$4.69
Jan 2022M &00$83.22$4.38
Dec 2021M &00$71.71$3.76
Nov 2021M &00$79.15$5.05
Oct 2021M &00$81.48$5.51
Sep 2021M &00$71.65$5.16
Aug 2021M &00$67.73$4.07
Jul 2021M &00$72.49$3.84
Jun 2021M &00$71.38$3.26

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).

Check your statements

Do your checks match this lease?

Upload your statements for NAIL RANCH. We compare volumes, prices, deductions and timing with the state record and give you the exact question to ask M & K Operating LLC.

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  • A month that was never paid
  • Your share of the barrels and mcf
  • The price against WTI and Henry Hub
  • Fees taken on gas
  • Late payment interest

Around this lease

Walk the neighborhood

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

This lease belongs to

OperatorM & K Operating LLCFieldShackelford County RegularCountyShackelford County

M & K Operating LLC in Shackelford County

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

Shackelford County Regular 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 May 2024?

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 29014, 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.