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Texas oil lease

Producing

PRESTON 36A

Preston 36A 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

2,371bbl oil, last 12 months−23% vs prior year
RRC lease
08-47406

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
106,161 mcf
Oil in Jul 2026
272 bbl

Production by month

Oil output fell 23% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 23% over the last 12 monthsMonthly oil production and gas for PRESTON 36A, Aug 2023 to Jul 2026. Oil output fell 23% over the last 12 months. 2,371 bbl in the 12 months through Jul 2026, against 3,069 bbl in the 12 months before.Last 12 months: 2,371 bblbbl per monthmcf per month002005,00040010k60015k80020kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 23% over the last 12 monthsMonthly oil production and gas for PRESTON 36A, Aug 2023 to Jul 2026. Oil output fell 23% over the last 12 months. 2,371 bbl in the 12 months through Jul 2026, against 3,069 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002005,00040010k60015k80020kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

81% of the gas went to a processing plant in the last 12 months

Flaring peaked at 8.8% of the gas in Feb 2024.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
81% of the gas went to a processing plant in the last 12 monthsShare of PRESTON 36A gas by disposition code each month, Aug 2023 to Jul 2026. 81% of the gas went to a processing plant in the last 12 months. Flaring peaked at 8.8% of the gas in Feb 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 8.8%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
81% of the gas went to a processing plant in the last 12 monthsShare of PRESTON 36A gas by disposition code each month, Aug 2023 to Jul 2026. 81% of the gas went to a processing plant in the last 12 months. Flaring peaked at 8.8% of the gas in Feb 2024.Share of gas by disposition code0%50%100%Flared 8.8%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    81% · 85,929 mcf

  • Lease fuel (1)

    19% · 20,177 mcf

  • Flared (4)

    0.1% · 55 mcf

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

1 well on this lease

Wells on PRESTON 36A
API numberWell no.Status
42-329-401801HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Plains Marketing, L.p.OilGathers80Apr 1, 2016
Ricky Shuler Trucking INCOilGathers15Apr 1, 2016
Gibson Energy Marketing, LLCOilGathers5Apr 1, 2016
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100Jan 15, 2016
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Jan 15, 2016

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

1,955.30 acres on the newest permit

  • 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 Preston 36A
API numberWell no.Acreson the permit
42-329-401801H1,955.30

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

Estimate your royalty

36 months, newest first

Ledger for PRESTON 36A
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202627224214,52712,2130$80.46$2.89
Jun 2026247914,46612,4142$84.81$3.15
May 20261931564,4153,09632$102.13$2.94
Apr 20261201306,5235,5612$100.32$2.77
Mar 202633437710,8138,1910$91.38$3.04
Feb 202635831410,7428,8610$64.51$3.62
Jan 20261821797,6936,1814$60.04$7.72
Dec 20253193219,1977,5480$57.97$4.26
Nov 20251912008,3176,5500$60.06$3.79
Oct 20252422166,7375,11313$60.89$3.19
Sep 202566666,6935,3390$63.96$2.97
Aug 202570676,0384,8622$64.86$2.91
Jul 2025951176,0225,0743$68.39$3.20
Jun 20251191296,9106,0864$68.17$3.02
May 20253833548,6377,7581$62.17$3.12
Apr 20251451528,2337,4281$63.54$3.42
Mar 20251471418,3747,3700$68.24$4.12
Feb 202584776,3485,55278$71.53$4.19
Jan 202533706,1195,3660$75.74$4.13
Dec 20244284256,2285,59723$70.12$3.01
Nov 20244063867,7987,0680$69.95$2.12
Oct 20243593815,8065,2630$71.99$2.20
Sep 20245024925,3394,88615$70.24$2.28
Aug 20243683456,5335,96710$76.68$1.99
Jul 20241641608,3897,65019$81.80$2.07
Jun 2024981009,0048,2457$79.77$2.54
May 20241271256,2295,6841$80.02$2.12
Apr 20241721728,6507,82735$85.35$1.60
Mar 20241281308,6997,8660$81.28$1.49
Feb 20241721947,8236,367688$77.25$1.72
Jan 20241381195,8865,32233$74.15$3.18
Dec 20232672729,2668,5540$71.90$2.52
Nov 20233383469,0798,2331$77.69$2.71
Oct 202339338710,4769,7504$85.64$2.98
Sep 202353452511,24310,35113$89.43$2.64
Aug 202326426511,55810,6490$81.39$2.58

Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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Nearby

Pioneer Natural Res. USA, Inc. in Midland County

All Pioneer Natural Res. USA, Inc. leases →

Spraberry (Trend Area) R 40 Exc field

All leases in this field →

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Drilling permits within 10 km