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Producing

SIXTEEN PENNY NAIL 310C

Sixteen Penny Nail 310C is an oil lease in Martin County, Texas, operated by Oxyrock Operating, LLC in the Spraberry (Trend Area) field.

3 wells

20,549bbl oil, last 12 months−13% vs prior year
Operator
Oxyrock Operating, LLC
County
Martin County
Field
Spraberry (Trend Area)
RRC lease
08-49986

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
215,452 mcf
Oil in Jul 2026
1,368 bbl

Checks stopped on this lease?

  • Buyer

    Buyer changed: ET GATHERING & PROCESSING LLC, CORONADO MIDSTREAM LLC, ENTERPRISE PRODUCTS OPERATING LLC replaced ETC SOUTH PERMIAN MIDSTREAM LLC, ENLINK GAS MARKETING, LP as the buyer of this lease's gas from oil wells on Jan 1, 2026.

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

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Production by month

Oil output fell 13% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 13% over the last 12 monthsMonthly oil production and gas for SIXTEEN PENNY NAIL 310C, Aug 2023 to Jul 2026. Oil output fell 13% over the last 12 months. 20,549 bbl in the 12 months through Jul 2026, against 23,632 bbl in the 12 months before.Last 12 months: 20,549 bblbbl per monthmcf per month001,0005,0002,00010k3,00015k4,00020k5,00025kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 13% over the last 12 monthsMonthly oil production and gas for SIXTEEN PENNY NAIL 310C, Aug 2023 to Jul 2026. Oil output fell 13% over the last 12 months. 20,549 bbl in the 12 months through Jul 2026, against 23,632 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001,0005,0002,00010k3,00015k4,00020k5,00025kJan 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

  • Processing plant (3)
  • Flared (4)
All of the gas went to a processing plant in the last 12 monthsShare of SIXTEEN PENNY NAIL 310C 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 SIXTEEN PENNY NAIL 310C 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.

Who has run this lease

The operator changed once, most recently in Aug 2024

Operators of this lease over timeCrownquest Operating, LLC, Jan 2020 to Jul 2024; Oxyrock Operating, LLC, Aug 2024 to Jul 20262020202120222023202420252026Changed Aug 2024Crownquest Operating, LLCJan 2020 to Jul 2024Oxyrock Operating, LLCAug 2024 to now
Operators of this lease over timeCrownquest Operating, LLC, Jan 2020 to Jul 2024; Oxyrock Operating, LLC, Aug 2024 to Jul 20262020202120222023202420252026Changed Aug 2024Crownquest Operating, LLCJan 2020 to Jul 2024Oxyrock Operating, LLCAug 2024 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

3 wells on this lease

Wells on SIXTEEN PENNY NAIL 310C
API numberWell no.Status
42-317-407487LLActive
42-317-407956LMActive
42-317-4257911JMActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Transfer CompanyOilGathers80Jan 1, 2026–
Shell Trading (Us) CompanyOilGathers10Jan 1, 2026–
Buckhead Midstream, LLCOilGathers5Jan 1, 2026–
Plains Marketing, L.p.OilGathers5Jan 1, 2026–
Et Gathering & Processing LLCCasinghead gasBuys90Jan 1, 2026–
Coronado Midstream LLCCasinghead gasBuys5Jan 1, 2026–
Enterprise Products Operating LLCCasinghead gasBuys5Jan 1, 2026–
Energy Transfer CompanyCasinghead gasGathers90Jan 1, 2026–
Enlink Midstream Services, LLCCasinghead gasGathers5Jan 1, 2026–
Enterprise Products Operating LLCCasinghead gasGathers5Jan 1, 2026–
Energy Transfer CompanyCasinghead gasGathers50Feb 1, 2025Jan 1, 2026
Enlink Permian, LLCCasinghead gasGathers50Feb 1, 2025Jan 1, 2026
Enlink Gas Marketing, LPCasinghead gasBuys50Feb 21, 2020Jan 1, 2026
Etc South Permian Midstream LLCCasinghead gasBuys50Feb 1, 2025Jan 1, 2026
Energy Transfer CompanyOilGathers50Feb 1, 2025Jan 1, 2026
Shell Trading (Us) CompanyOilGathers50Nov 18, 2017Jan 1, 2026

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

Who buys my oilOil price check

487.40 acres on the newest permit

  • Worth asking

    A production sharing agreement well is on this lease

    A production sharing agreement divides production by a method the agreement sets. Ask the operator for the agreement and the tract percentage it gives your land.

  • Worth asking

    A Rule 37 case is listed

    The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.

Check your decimal on this lease
Permits for Sixteen Penny Nail 310C
API numberWell no.Acreson the permit
42-317-4257911JM487.40
42-317-407956LM487.40
42-317-407487LL487.40

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

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for SIXTEEN PENNY NAIL 310C
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Oxyrock Operating,1,3681,39815,33615,3360$80.46$2.89
Jun 2026Oxyrock Operating,1,8231,79220,09420,0940$84.81$3.15
May 2026Oxyrock Operating,1,7621,74618,51418,5140$102.13$2.94
Apr 2026Oxyrock Operating,1,0861,26918,34718,3470$100.32$2.77
Mar 2026Oxyrock Operating,1,7471,62320,59320,5930$91.38$3.04
Feb 2026Oxyrock Operating,1,6121,98916,59816,5980$64.51$3.62
Jan 2026Oxyrock Operating,1,8861,43318,20818,2080$60.04$7.72
Dec 2025Oxyrock Operating,1,7501,74718,69318,6930$57.97$4.26
Nov 2025Oxyrock Operating,1,6991,76017,47517,4750$60.06$3.79
Oct 2025Oxyrock Operating,1,7741,78318,30918,3090$60.89$3.19
Sep 2025Oxyrock Operating,1,9201,97216,46816,4680$63.96$2.97
Aug 2025Oxyrock Operating,2,1222,09816,81716,8170$64.86$2.91
Jul 2025Oxyrock Operating,2,0632,05713,34413,3440$68.39$3.20
Jun 2025Oxyrock Operating,2,1832,07513,41513,4150$68.17$3.02
May 2025Oxyrock Operating,1,5411,62117,76917,7690$62.17$3.12
Apr 2025Oxyrock Operating,2,2302,20119,65919,6590$63.54$3.42
Mar 2025Oxyrock Operating,1,4591,57717,80417,686118$68.24$4.12
Feb 2025Oxyrock Operating,1,6241,70817,88117,8810$71.53$4.19
Jan 2025Oxyrock Operating,2,0291,92621,30821,3080$75.74$4.13
Dec 2024Oxyrock Operating,1,8501,84420,31220,3120$70.12$3.01
Nov 2024Oxyrock Operating,2,0562,07423,23623,2360$69.95$2.12
Oct 2024Oxyrock Operating,1,9901,93921,70921,7090$71.99$2.20
Sep 2024Oxyrock Operating,2,3552,37222,24222,2420$70.24$2.28
Aug 2024Oxyrock Operating,2,2522,28821,97021,9700$76.68$1.99
Jul 2024Crownquest Operating,2,4512,45923,26823,2680$81.80$2.07
Jun 2024Crownquest Operating,2,2922,27121,47221,4720$79.77$2.54
May 2024Crownquest Operating,2,4322,39722,30522,3050$80.02$2.12
Apr 2024Crownquest Operating,2,3652,36920,32520,3250$85.35$1.60
Mar 2024Crownquest Operating,2,4592,49419,04419,0440$81.28$1.49
Feb 2024Crownquest Operating,1,6411,59720,06220,0620$77.25$1.72
Jan 2024Crownquest Operating,1,9312,01323,13823,1380$74.15$3.18
Dec 2023Crownquest Operating,3,1253,15623,43423,4340$71.90$2.52
Nov 2023Crownquest Operating,2,4512,43421,83621,8360$77.69$2.71
Oct 2023Crownquest Operating,3,4733,43918,95218,9520$85.64$2.98
Sep 2023Crownquest Operating,2,7502,70917,11817,1180$89.43$2.64
Aug 2023Crownquest Operating,3,1073,19619,97319,9730$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

This lease belongs to

OperatorOxyrock Operating, LLCFieldSpraberry (Trend Area)CountyMartin County

Oxyrock Operating, LLC in Martin County

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Spraberry (Trend Area) field

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