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PRESTON 36F

Preston 36F 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

37bbl oil, last 12 months−99% vs prior year
Operator
Pioneer Natural Res. USA, Inc.
County
Midland County
Field
Spraberry (Trend Area) R 40 Exc
RRC lease
08-47885

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
49 mcf
Oil in Jul 2026
0 bbl

Production by month

Oil output fell 99% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 99% over the last 12 monthsMonthly oil production and gas for PRESTON 36F, Aug 2023 to Jul 2026. Oil output fell 99% over the last 12 months. 37 bbl in the 12 months through Jul 2026, against 2,871 bbl in the 12 months before.Last 12 months: 37 bblbbl per monthmcf per month002002,5004005,0006007,50080010k1,00012.5kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 99% over the last 12 monthsMonthly oil production and gas for PRESTON 36F, Aug 2023 to Jul 2026. Oil output fell 99% over the last 12 months. 37 bbl in the 12 months through Jul 2026, against 2,871 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002002,5004005,0006007,50080010k1,00012.5kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

89% of the gas went to a processing plant in the last 12 months

Flaring peaked at 7.0% of the gas in Feb 2024.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
89% of the gas went to a processing plant in the last 12 monthsShare of PRESTON 36F gas by disposition code each month, Aug 2023 to Jul 2026. 89% of the gas went to a processing plant in the last 12 months. Flaring peaked at 7.0% of the gas in Feb 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 7.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
89% of the gas went to a processing plant in the last 12 monthsShare of PRESTON 36F gas by disposition code each month, Aug 2023 to Jul 2026. 89% of the gas went to a processing plant in the last 12 months. Flaring peaked at 7.0% of the gas in Feb 2024.Share of gas by disposition code0%50%100%Flared 7.0%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    89% · 37,273 mcf

  • Lease fuel (1)

    10% · 4,380 mcf

  • Flared (4)

    0.2% · 83 mcf

0.2% of the gas flared in the last 12 months. One month above 3%.

1 well on this lease

Wells on PRESTON 36F
API numberWell no.Status
42-329-402546HShut-in

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 gasBuys100Feb 10, 2016
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Feb 10, 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 36F
API numberWell no.Acreson the permit
42-329-402546H1,955.30

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

Unit decimal checker

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36 months, newest first

Ledger for PRESTON 36F
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202600000$80.46$2.89
Jun 202600000$84.81$3.15
May 202600000$102.13$2.94
Apr 202600000$100.32$2.77
Mar 202600000$91.38$3.04
Feb 202600000$64.51$3.62
Jan 202600000$60.04$7.72
Dec 202501000$57.97$4.26
Nov 202568550$60.06$3.79
Oct 2025161325250$60.89$3.19
Sep 202503000$63.96$2.97
Aug 2025151419190$64.86$2.91
Jul 2025173012120$68.39$3.20
Jun 202557774664130$68.17$3.02
May 20253263217,3146,5701$62.17$3.12
Apr 202535734411,47610,3581$63.54$3.42
Mar 20254034376,3795,6290$68.24$4.12
Feb 20253213055,1664,53162$71.53$4.19
Jan 20251951854,0813,5960$75.74$4.13
Dec 20242482324,9124,41019$70.12$3.01
Nov 2024961111,8811,7050$69.95$2.12
Oct 202443542912,48911,3100$71.99$2.20
Sep 20242172165,9775,46117$70.24$2.28
Aug 20241991946,2415,69710$76.68$1.99
Jul 20242262173,6173,3019$81.80$2.07
Jun 202463602712500$79.77$2.54
May 20245729270$80.02$2.12
Apr 202455552051871$85.35$1.60
Mar 202460611551440$81.28$1.49
Feb 2024738025821918$77.25$1.72
Jan 202447402582371$74.15$3.18
Dec 202388913993770$71.90$2.52
Nov 20231391443703520$77.69$2.71
Oct 20231891894214070$85.64$2.98
Sep 20233263302232180$89.43$2.64
Aug 20235045113012930$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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