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Texas oil lease

Producing

PRESTON

Preston is an oil lease in Wichita County, Texas, operated by R2q Operating LLC in the K-M-A (Ellenburger) field.

2 wells

16bbl oil, last 12 months−95% vs prior year
Operator
R2q Operating LLC
County
Wichita County
Field
K-M-A (Ellenburger)
RRC lease
09-32159

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Where it sits

This county

Wichita CountyWichitaBaylorClayWilbargerArcherWichita County
Wichita County
Oil in Jun 2026
0 bbl
Reporting since
Jan 2020

Production by month

Oil output fell 95% over the last 12 months

Jul 2026 was not reported.

  • Oil (bars)
  • Last 12 months
Oil output fell 95% over the last 12 monthsMonthly oil production for PRESTON, Aug 2023 to Jul 2026. Oil output fell 95% over the last 12 months. 16 bbl in the 12 months through Jul 2026, against 311 bbl in the 12 months before.Last 12 months: 16 bblbbl per month0100200300400Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 95% over the last 12 monthsMonthly oil production for PRESTON, Aug 2023 to Jul 2026. Oil output fell 95% over the last 12 months. 16 bbl in the 12 months through Jul 2026, against 311 bbl in the 12 months before.Last 12 monthsbbl per month0100200300400Jan 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.

2 wells on this lease

Wells on PRESTON
API numberWell no.Status
42-485-451064Active
42-485-457423Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Sentinel Transportation, LLCOilGathers100Sep 1, 2023–
Gulfmark Energy, Inc.OilGathers100Oct 1, 2018Sep 1, 2023

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

Who buys my oilOil price check

285 acres on the newest permit

Permits for Preston
API numberWell no.Acreson the permit
42-485-457423285
42-485-451064285

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

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for PRESTON
MonthOil producedbblOil soldbblWTI$/bblHenry Hub$/MMBtu
Jul 2026No report filed––$80.46$2.89
Jun 202600$84.81$3.15
May 202650$102.13$2.94
Apr 2026110$100.32$2.77
Mar 202600$91.38$3.04
Feb 202600$64.51$3.62
Jan 202600$60.04$7.72
Dec 202500$57.97$4.26
Nov 202500$60.06$3.79
Oct 202500$60.89$3.19
Sep 202500$63.96$2.97
Aug 202500$64.86$2.91
Jul 202500$68.39$3.20
Jun 202500$68.17$3.02
May 202500$62.17$3.12
Apr 202500$63.54$3.42
Mar 202500$68.24$4.12
Feb 202500$71.53$4.19
Jan 202500$75.74$4.13
Dec 202400$70.12$3.01
Nov 202430$69.95$2.12
Oct 202400$71.99$2.20
Sep 20241140$70.24$2.28
Aug 2024297293$76.68$1.99
Jul 2024155126$81.80$2.07
Jun 202400$79.77$2.54
May 2024216167$80.02$2.12
Apr 202400$85.35$1.60
Mar 202400$81.28$1.49
Feb 20242199$77.25$1.72
Jan 2024520$74.15$3.18
Dec 202380$71.90$2.52
Nov 202310$77.69$2.71
Oct 2023170157$85.64$2.98
Sep 202300$89.43$2.64
Aug 202300$81.39$2.58

No report filed

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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Nearby

This lease belongs to

OperatorR2q Operating LLCFieldK-M-A (Ellenburger)CountyWichita County

R2q Operating LLC in Wichita County

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K-M-A (Ellenburger) field

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