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Producing

PRESTON 18C

Preston 18C is an oil lease in Midland County, Texas, operated by Pioneer Natural Res. USA, Inc. in the Spraberry (Trend Area) R 40 Exc field.

1 well

5,720bbl oil, last 12 months−40% vs prior year
Operator
Pioneer Natural Res. USA, Inc.
County
Midland County
Field
Spraberry (Trend Area) R 40 Exc
RRC lease
08-48907

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
171,524 mcf
Oil in Jul 2026
533 bbl

Production by month

Oil output fell 40% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 40% over the last 12 monthsMonthly oil production and gas for PRESTON 18C, Aug 2023 to Jul 2026. Oil output fell 40% over the last 12 months. 5,720 bbl in the 12 months through Jul 2026, against 9,527 bbl in the 12 months before.Last 12 months: 5,720 bblbbl per monthmcf per month0050010k1,00020k1,50030k2,00040kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 40% over the last 12 monthsMonthly oil production and gas for PRESTON 18C, Aug 2023 to Jul 2026. Oil output fell 40% over the last 12 months. 5,720 bbl in the 12 months through Jul 2026, against 9,527 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0050010k1,00020k1,50030k2,00040kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

95% of the gas went to a processing plant in the last 12 months

Flaring peaked at 15.7% of the gas in Aug 2023.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
95% of the gas went to a processing plant in the last 12 monthsShare of PRESTON 18C gas by disposition code each month, Aug 2023 to Jul 2026. 95% of the gas went to a processing plant in the last 12 months. Flaring peaked at 15.7% of the gas in Aug 2023.Share of the lease’s gas by disposition code, per month0%50%100%Flared 15.7%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
95% of the gas went to a processing plant in the last 12 monthsShare of PRESTON 18C gas by disposition code each month, Aug 2023 to Jul 2026. 95% of the gas went to a processing plant in the last 12 months. Flaring peaked at 15.7% of the gas in Aug 2023.Share of gas by disposition code0%50%100%Flared 15.7%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    95% · 163,250 mcf

  • Lease fuel (1)

    4.7% · 8,021 mcf

  • Flared (4)

    0.1% · 253 mcf

0.1% of the gas flared in the last 12 months. One month above 3%.

1 well on this lease

Wells on PRESTON 18C
API numberWell no.Status
42-329-409003HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Anchor Crude Marketing, LLCOilGathers34Sep 1, 2025–
Oasis Transp & Marketing Corp.OilGathers33Sep 1, 2025–
Plains Marketing, L.p.OilGathers33Sep 1, 2025–
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100Dec 23, 2016–
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Dec 23, 2016–
Oasis Transp & Marketing Corp.OilGathers50Feb 1, 2022Sep 1, 2025
Plains Marketing, L.p.OilGathers50Feb 1, 2020Sep 1, 2025
Pilot Travel Centers LLCOilGathers50Feb 1, 2020Feb 1, 2022
Gibson Energy Marketing, LLCOilGathers5Dec 23, 2016Feb 1, 2020
Plains Marketing, L.p.OilGathers80Dec 23, 2016Feb 1, 2020
Ricky Shuler Trucking INCOilGathers15Dec 23, 2016Feb 1, 2020

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

Who buys my oilOil price check

1,279.10 acres on the newest permit

Permits for Preston 18C
API numberWell no.Acreson the permit
42-329-409003H1,279.10

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

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36 months, newest first

Ledger for PRESTON 18C
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20265335248,1527,6381$80.46$2.89
Jun 20262752766,4456,0650$84.81$3.15
May 202649849915,18514,2785$102.13$2.94
Apr 202644143917,67916,4290$100.32$2.77
Mar 202642341412,24911,6121$91.38$3.04
Feb 202668858,7108,24737$64.51$3.62
Jan 202647446818,19717,43415$60.04$7.72
Dec 202536436615,51214,775145$57.97$4.26
Nov 202563263524,24623,27745$60.06$3.79
Oct 202578779619,39418,6911$60.89$3.19
Sep 202591689820,79820,0380$63.96$2.97
Aug 20253093114,9574,7663$64.86$2.91
Jul 202541541812,70112,2580$68.39$3.20
Jun 202553153215,58115,0260$68.17$3.02
May 202560360115,47314,9230$62.17$3.12
Apr 202559760015,59915,0570$63.54$3.42
Mar 202588889614,95414,4090$68.24$4.12
Feb 20251,2241,20918,21617,5580$71.53$4.19
Jan 202550952710,92010,47914$75.74$4.13
Dec 20241,3691,36227,46726,4260$70.12$3.01
Nov 20241,1151,11224,14923,2602$69.95$2.12
Oct 202493392527,29626,2090$71.99$2.20
Sep 202448849516,02715,3560$70.24$2.28
Aug 202485586125,30624,2487$76.68$1.99
Jul 20241,2511,24326,87725,7940$81.80$2.07
Jun 202469469427,49026,3030$79.77$2.54
May 202477376819,74818,9060$80.02$2.12
Apr 202449549413,90513,30824$85.35$1.60
Mar 202440740412,11211,5619$81.28$1.49
Feb 202433233516,04415,3850$77.25$1.72
Jan 202446045916,71616,0500$74.15$3.18
Dec 202359259317,57016,9221$71.90$2.52
Nov 202358558515,82515,2530$77.69$2.71
Oct 202351451515,77015,1670$85.64$2.98
Sep 202349049314,22313,67815$89.43$2.64
Aug 202363663617,61714,2122,764$81.39$2.58

Flared above 3%

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

OperatorPioneer Natural Res. USA, Inc.FieldSpraberry (Trend Area) R 40 ExcCountyMidland County

Pioneer Natural Res. USA, Inc. in Midland County

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Spraberry (Trend Area) R 40 Exc field

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