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PRESTON 36H

Preston 36H 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

2,742bbl oil, last 12 months−70% vs prior year
RRC lease
08-48991

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
26,771 mcf
Oil in Jul 2026
3 bbl

Checks stopped on this lease?

  • Sales

    Sales over the last 3 months fell to 1% of the 9 months before.

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

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Production by month

Oil output fell 70% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 70% over the last 12 monthsMonthly oil production and gas for PRESTON 36H, Aug 2023 to Jul 2026. Oil output fell 70% over the last 12 months. 2,742 bbl in the 12 months through Jul 2026, against 9,071 bbl in the 12 months before.Last 12 months: 2,742 bblbbl per monthmcf per month005002,5001,0005,0001,5007,5002,00010k2,50012.5kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 70% over the last 12 monthsMonthly oil production and gas for PRESTON 36H, Aug 2023 to Jul 2026. Oil output fell 70% over the last 12 months. 2,742 bbl in the 12 months through Jul 2026, against 9,071 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005002,5001,0005,0001,5007,5002,00010k2,50012.5kJan 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 6.5% 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 36H 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 6.5% of the gas in Feb 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 6.5%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
82% of the gas went to a processing plant in the last 12 monthsShare of PRESTON 36H 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 6.5% of the gas in Feb 2024.Share of gas by disposition code0%50%100%Flared 6.5%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    82% · 25,388 mcf

  • Lease fuel (1)

    18% · 5,719 mcf

  • Flared (4)

    0.0% · 15 mcf

1 well on this lease

Wells on PRESTON 36H
API numberWell no.Status
42-329-402608HShut-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 36H
API numberWell no.Acreson the permit
42-329-402608H1,955.30

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

Estimate your royalty

36 months, newest first

Ledger for PRESTON 36H
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026333032550$80.46$2.89
Jun 202644111960$84.81$3.15
May 20261116110$102.13$2.94
Apr 202600000$100.32$2.77
Mar 20267789680$91.38$3.04
Feb 20260089730$64.51$3.62
Jan 20261262672130$60.04$7.72
Dec 20252953872,2941,9330$57.97$4.26
Nov 20257717526,4365,1790$60.06$3.79
Oct 20256226376,6945,23212$60.89$3.19
Sep 20256085676,4125,2330$63.96$2.97
Aug 20254304174,0603,3641$64.86$2.91
Jul 20256517544,3513,7312$68.39$3.20
Jun 20256265695,2204,6293$68.17$3.02
May 20259859716,7116,0520$62.17$3.12
Apr 20251,0951,0625,9165,3610$63.54$3.42
Mar 20253743492,0251,7990$68.24$4.12
Feb 20252112366635907$71.53$4.19
Jan 20253363482,5232,2450$75.74$4.13
Dec 20247037377,6836,91029$70.12$3.01
Nov 20241,0701,02610,9269,9230$69.95$2.12
Oct 20241,0961,1009,6018,7210$71.99$2.20
Sep 20247728086,3715,83517$70.24$2.28
Aug 20241,1521,1028,4287,71114$76.68$1.99
Jul 20249239397,5116,86717$81.80$2.07
Jun 20241,4321,4248,8738,1596$79.77$2.54
May 20241,1091,1058,2927,5961$80.02$2.12
Apr 20241,7151,7308,7027,91433$85.35$1.60
Mar 20241,7101,6796,1405,6530$81.28$1.49
Feb 20248728402,2321,925145$77.25$1.72
Jan 202429242312111$74.15$3.18
Dec 202339392732560$71.90$2.52
Nov 202334522202030$77.69$2.71
Oct 20233213163,5043,2771$85.64$2.98
Sep 20234444484,6224,2645$89.43$2.64
Aug 20236086204,7324,3760$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