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Texas oil lease

Producing

PRESTON #1

Preston #1 is an oil lease in Wichita County, Texas, operated by Alfaro Oil & Gas in the Wichita County Regular field.

24 wells

1,992bbl oil, last 12 months−9% vs prior year
Operator
Alfaro Oil & Gas
County
Wichita County
Field
Wichita County Regular
RRC lease
09-27927

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Where it sits

This county

Wichita CountyWichitaBaylorClayWilbargerArcherWichita County
Wichita County
Oil in Jul 2026
167 bbl
Reporting since
Jan 2020

Production by month

Oil output fell 9% over the last 12 months

  • Oil (bars)
  • Last 12 months
Oil output fell 9% over the last 12 monthsMonthly oil production for PRESTON #1, Aug 2023 to Jul 2026. Oil output fell 9% over the last 12 months. 1,992 bbl in the 12 months through Jul 2026, against 2,197 bbl in the 12 months before.Last 12 months: 1,992 bblbbl per month0100200300400Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 9% over the last 12 monthsMonthly oil production for PRESTON #1, Aug 2023 to Jul 2026. Oil output fell 9% over the last 12 months. 1,992 bbl in the 12 months through Jul 2026, against 2,197 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.

24 wells on this lease

Wells on PRESTON #1
API numberWell no.Status
42-485-421761LActive
42-485-423162LActive
42-485-423174LActive
42-485-423183LActive
42-485-423845LActive
42-485-424397LActive
42-485-424408LActive
42-485-424419LActive
42-485-4245010LActive
42-485-4262713LActive
42-485-4262812LActive
42-485-4268114LActive
42-485-4269115LActive
42-485-42752301Active
42-485-42754303Active
42-485-42756306Active
42-485-42766308Active
42-485-42767307Active
42-485-4281816LActive
42-485-4281917LActive
42-485-4282018LActive
42-485-4303120LActive
42-485-4303219LActive
42-485-4314021LActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Sentinel Transportation, LLCOilGathers100Jun 1, 2009

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

Who buys my oilOil price check

145.40 acres on the newest permit

  • Good to know

    The wells on this lease state different acreage

    The permits state between 12 and 145.4 acres. Use the acres from your own division order for the well you are paid on.

  • Good to know

    24 wells are listed on this lease

    Each well can have its own unit. The decimal for one well does not have to equal the decimal for another.

Check your decimal on this lease
Permits for Preston #1
API numberWell no.Acreson the permit
42-485-4314021L145.40
42-485-4303120L145.40
42-485-4303219L145.40
42-485-4282018L122
42-485-4281816L122
42-485-4281917L122
42-485-4276630816
42-485-4276730716
42-485-4275230112
42-485-4275430312
42-485-4275630612
42-485-4269115L70

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

Unit decimal checker

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36 months, newest first

Ledger for PRESTON #1
MonthOil producedbblOil soldbblWTI$/bblHenry Hub$/MMBtu
Jul 2026167169$80.46$2.89
Jun 2026174170$84.81$3.15
May 2026169171$102.13$2.94
Apr 2026166163$100.32$2.77
Mar 2026160160$91.38$3.04
Feb 2026160158$64.51$3.62
Jan 2026175171$60.04$7.72
Dec 2025157162$57.97$4.26
Nov 2025171172$60.06$3.79
Oct 2025211341$60.89$3.19
Sep 20251300$63.96$2.97
Aug 2025152154$64.86$2.91
Jul 202563165$68.39$3.20
Jun 20251000$68.17$3.02
May 2025173172$62.17$3.12
Apr 2025165172$63.54$3.42
Mar 2025178168$68.24$4.12
Feb 2025172173$71.53$4.19
Jan 2025168171$75.74$4.13
Dec 2024156156$70.12$3.01
Nov 2024172171$69.95$2.12
Oct 2024321338$71.99$2.20
Sep 2024180162$70.24$2.28
Aug 2024349347$76.68$1.99
Jul 2024118217$81.80$2.07
Jun 20241000$79.77$2.54
May 2024331332$80.02$2.12
Apr 2024171171$85.35$1.60
Mar 2024169172$81.28$1.49
Feb 2024349347$77.25$1.72
Jan 2024177180$74.15$3.18
Dec 2023346342$71.90$2.52
Nov 2023169174$77.69$2.71
Oct 2023321321$85.64$2.98
Sep 2023178176$89.43$2.64
Aug 2023336343$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

OperatorAlfaro Oil & GasFieldWichita County RegularCountyWichita County

Alfaro Oil & Gas in Wichita County

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Wichita County Regular field

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