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Texas oil lease

Producing

PRESTON 36G

Preston 36G 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

1,432bbl oil, last 12 months−53% vs prior year
RRC lease
08-49029

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
9,368 mcf
Oil in Jul 2026
5 bbl

Checks stopped on this lease?

  • Sales

    Sales over the last 3 months fell to 2% of the 9 months before.

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

See why checks stop on this lease

Production by month

Oil output fell 53% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 53% over the last 12 monthsMonthly oil production and gas for PRESTON 36G, Aug 2023 to Jul 2026. Oil output fell 53% over the last 12 months. 1,432 bbl in the 12 months through Jul 2026, against 3,078 bbl in the 12 months before.Last 12 months: 1,432 bblbbl per monthmcf per month002502,5005005,0007507,5001,00010k1,25012.5kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 53% over the last 12 monthsMonthly oil production and gas for PRESTON 36G, Aug 2023 to Jul 2026. Oil output fell 53% over the last 12 months. 1,432 bbl in the 12 months through Jul 2026, against 3,078 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002502,5005005,0007507,5001,00010k1,25012.5kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

83% of the gas went to a processing plant in the last 12 months

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
83% of the gas went to a processing plant in the last 12 monthsShare of PRESTON 36G gas by disposition code each month, Aug 2023 to Jul 2026. 83% of the gas went to a processing plant in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
83% of the gas went to a processing plant in the last 12 monthsShare of PRESTON 36G gas by disposition code each month, Aug 2023 to Jul 2026. 83% of the gas went to a processing plant in the last 12 months.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    83% · 8,468 mcf

  • Lease fuel (1)

    17% · 1,727 mcf

  • Flared (4)

    0.0% · 3 mcf

1 well on this lease

Wells on PRESTON 36G
API numberWell no.Status
42-329-402597HShut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Plains Marketing, L.p.OilGathers80Jun 11, 2017
Ricky Shuler Trucking INCOilGathers15Jun 11, 2017
Gibson Energy Marketing, LLCOilGathers5Jun 11, 2017
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100Jun 11, 2017
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Jun 11, 2017

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 36G
API numberWell no.Acreson the permit
42-329-402597H1,955.30

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

Estimate your royalty

36 months, newest first

Ledger for PRESTON 36G
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026552051720$80.46$2.89
Jun 2026331311130$84.81$3.15
May 2026001280$102.13$2.94
Apr 202600000$100.32$2.77
Mar 202611277580$91.38$3.04
Feb 202657472261940$64.51$3.62
Jan 202671121180$60.04$7.72
Dec 2025661261,9541,6030$57.97$4.26
Nov 20254344191,9211,5820$60.06$3.79
Oct 20253193271,9041,5453$60.89$3.19
Sep 20253122921,7451,4550$63.96$2.97
Aug 20252282111,1729960$64.86$2.91
Jul 20252322868307240$68.39$3.20
Jun 20252932671,2381,1061$68.17$3.02
May 20254614511,5471,4030$62.17$3.12
Apr 20254774741,2201,1110$63.54$3.42
Mar 20252091833032770$68.24$4.12
Feb 20256767106961$71.53$4.19
Jan 202563759748600$75.74$4.13
Dec 20242232074,9664,45719$70.12$3.01
Nov 202469691501380$69.95$2.12
Oct 20241131281,6541,4990$71.99$2.20
Sep 20242602923,1992,9269$70.24$2.28
Aug 20246115881,0821,0001$76.68$1.99
Jul 20245625791,0699882$81.80$2.07
Jun 20241,0311,0436,8976,3405$79.77$2.54
May 20241,1181,09110,0939,2382$80.02$2.12
Apr 20241,0121,0234,1653,79316$85.35$1.60
Mar 20241,0761,0561,3581,2940$81.28$1.49
Feb 20245466053833811$77.25$1.72
Jan 20243923164224180$74.15$3.18
Dec 20231751743763660$71.90$2.52
Nov 20231141261,6751,5250$77.69$2.71
Oct 20232912871,8641,7531$85.64$2.98
Sep 20234194232,4262,2453$89.43$2.64
Aug 20235625682,5872,4000$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

Pioneer Natural Res. USA, Inc. in Midland County

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