Skip to content
Royalty Clerk

Texas oil lease

Producing

PRESTON 36C

Preston 36C 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

1,846bbl oil, last 12 months−10% vs prior year
Operator
Pioneer Natural Res. USA, Inc.
County
Midland County
Field
Spraberry (Trend Area) R 40 Exc
RRC lease
08-47898

Is your check right?

Check my statement

Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
25,958 mcf
Oil in Jul 2026
343 bbl

Production by month

Oil output fell 10% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 10% over the last 12 monthsMonthly oil production and gas for PRESTON 36C, Aug 2023 to Jul 2026. Oil output fell 10% over the last 12 months. 1,846 bbl in the 12 months through Jul 2026, against 2,057 bbl in the 12 months before.Last 12 months: 1,846 bblbbl per monthmcf per month002005,00040010k60015k80020kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 10% over the last 12 monthsMonthly oil production and gas for PRESTON 36C, Aug 2023 to Jul 2026. Oil output fell 10% over the last 12 months. 1,846 bbl in the 12 months through Jul 2026, against 2,057 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

82% of the gas went to a processing plant in the last 12 months

Flaring peaked at 8.7% of the gas in Feb 2024.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
82% of the gas went to a processing plant in the last 12 monthsShare of PRESTON 36C gas by disposition code each month, Aug 2023 to Jul 2026. 82% of the gas went to a processing plant in the last 12 months. Flaring peaked at 8.7% of the gas in Feb 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 8.7%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
82% of the gas went to a processing plant in the last 12 monthsShare of PRESTON 36C gas by disposition code each month, Aug 2023 to Jul 2026. 82% of the gas went to a processing plant in the last 12 months. Flaring peaked at 8.7% of the gas in Feb 2024.Share of gas by disposition code0%50%100%Flared 8.7%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    82% · 21,378 mcf

  • Lease fuel (1)

    18% · 4,556 mcf

  • Flared (4)

    0.1% · 24 mcf

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

1 well on this lease

Wells on PRESTON 36C
API numberWell no.Status
42-329-401823HActive

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 31, 2016
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Jan 31, 2016

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

Who buys my oilOil price check

1,955.30 acres on the newest permit

Permits for Preston 36C
API numberWell no.Acreson the permit
42-329-401823H1,955.30

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

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for PRESTON 36C
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20263433406,1345,1710$80.46$2.89
Jun 20263543695,1094,4231$84.81$3.15
May 20261811622,4031,71417$102.13$2.94
Apr 20262001914,1163,5291$100.32$2.77
Mar 20262782662,0301,5780$91.38$3.04
Feb 202669561,0358590$64.51$3.62
Jan 2026763492800$60.04$7.72
Dec 2025003532870$57.97$4.26
Nov 20252673672880$60.06$3.79
Oct 20254123472,9762,3805$60.89$3.19
Sep 2025003973160$63.96$2.97
Aug 2025006895530$64.86$2.91
Jul 2025031,4261,1991$68.39$3.20
Jun 202511294,1503,6522$68.17$3.02
May 20251951846,0095,3960$62.17$3.12
Apr 20251231216,4035,7771$63.54$3.42
Mar 2025801016,2755,5210$68.24$4.12
Feb 20251822056,7285,88883$71.53$4.19
Jan 202529425111,41310,0320$75.74$4.13
Dec 202494976,7016,00626$70.12$3.01
Nov 20241191207,8127,0690$69.95$2.12
Oct 20242392508,2687,4860$71.99$2.20
Sep 20242893027,2466,62220$70.24$2.28
Aug 20244314048,3687,64214$76.68$1.99
Jul 20241911908,3567,62019$81.80$2.07
Jun 20241901898,5167,8016$79.77$2.54
May 20241461436,6476,0661$80.02$2.12
Apr 20241641677,0366,36828$85.35$1.60
Mar 20242062076,6406,0110$81.28$1.49
Feb 20242042425,0344,109437$77.25$1.72
Jan 20242201824,5494,12425$74.15$3.18
Dec 20232282318,6567,9880$71.90$2.52
Nov 202328128715,22413,7672$77.69$2.71
Oct 202330630015,93014,8016$85.64$2.98
Sep 202338839110,4189,58613$89.43$2.64
Aug 202350752014,04012,9420$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.

How to check your stub against this lease

Do your checks match this lease?

Check my statement

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

All Pioneer Natural Res. USA, Inc. leases →

Spraberry (Trend Area) R 40 Exc field

All leases in this field →

Leases within 10 km

Drilling permits within 10 km