Skip to content
Royalty Clerk

Texas oil lease

Producing

PRESTON 36M

Preston 36M 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

1,706bbl oil, last 12 months−58% vs prior year
Operator
Pioneer Natural Res. USA, Inc.
County
Midland County
Field
Spraberry (Trend Area) R 40 Exc
RRC lease
08-47887

Is your check right?

Check my statement

Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
10,485 mcf
Oil in Jul 2026
437 bbl

Production by month

Oil output fell 58% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 58% over the last 12 monthsMonthly oil production and gas for PRESTON 36M, Aug 2023 to Jul 2026. Oil output fell 58% over the last 12 months. 1,706 bbl in the 12 months through Jul 2026, against 4,083 bbl in the 12 months before.Last 12 months: 1,706 bblbbl per monthmcf per month002005,00040010k60015k80020k1,00025kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 58% over the last 12 monthsMonthly oil production and gas for PRESTON 36M, Aug 2023 to Jul 2026. Oil output fell 58% over the last 12 months. 1,706 bbl in the 12 months through Jul 2026, against 4,083 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002005,00040010k60015k80020k1,00025kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

86% of the gas went to a processing plant in the last 12 months

Flaring peaked at 8.6% of the gas in Feb 2024.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
86% of the gas went to a processing plant in the last 12 monthsShare of PRESTON 36M gas by disposition code each month, Aug 2023 to Jul 2026. 86% of the gas went to a processing plant in the last 12 months. Flaring peaked at 8.6% of the gas in Feb 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 8.6%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
86% of the gas went to a processing plant in the last 12 monthsShare of PRESTON 36M gas by disposition code each month, Aug 2023 to Jul 2026. 86% of the gas went to a processing plant in the last 12 months. Flaring peaked at 8.6% of the gas in Feb 2024.Share of gas by disposition code0%50%100%Flared 8.6%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    86% · 31,744 mcf

  • Lease fuel (1)

    14% · 5,165 mcf

  • Flared (4)

    0.1% · 19 mcf

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

1 well on this lease

Wells on PRESTON 36M
API numberWell no.Status
42-329-4037713HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Plains Marketing, L.p.OilGathers80May 14, 2016
Ricky Shuler Trucking INCOilGathers15May 14, 2016
Gibson Energy Marketing, LLCOilGathers5May 14, 2016
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100May 14, 2016
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100May 14, 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

  • 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 36M
API numberWell no.Acreson the permit
42-329-4037713H1,955.30

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

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for PRESTON 36M
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20264374064494040$80.46$2.89
Jun 20262101872,5842,2410$84.81$3.15
May 20262287601$102.13$2.94
Apr 202600000$100.32$2.77
Mar 20264531961480$91.38$3.04
Feb 20262452041,1149500$64.51$3.62
Jan 202646383042550$60.04$7.72
Dec 202502000$57.97$4.26
Nov 202513385694480$60.06$3.79
Oct 20251722231,1239052$60.89$3.19
Sep 20254173661,9521,6430$63.96$2.97
Aug 20251601442,1071,7301$64.86$2.91
Jul 20251181738,4827,1445$68.39$3.20
Jun 202525423017,96115,81610$68.17$3.02
May 202539438721,74819,5163$62.17$3.12
Apr 202541842521,38519,2962$63.54$3.42
Mar 202548050218,98416,7160$68.24$4.12
Feb 202540039514,86913,015182$71.53$4.19
Jan 202533230621,16518,5821$75.74$4.13
Dec 202433534419,86517,80876$70.12$3.01
Nov 202443140423,40121,1790$69.95$2.12
Oct 20242732808,6887,8670$71.99$2.20
Sep 202426727811,31710,33832$70.24$2.28
Aug 202438137018,37816,77329$76.68$1.99
Jul 202439639517,85316,28041$81.80$2.07
Jun 202445945618,68917,12114$79.77$2.54
May 202433833415,09113,7723$80.02$2.12
Apr 202446246916,23314,69365$85.35$1.60
Mar 202452854017,08615,4671$81.28$1.49
Feb 202476081815,68512,8201,354$77.25$1.72
Jan 202443136116,17114,62591$74.15$3.18
Dec 202356657420,19518,6410$71.90$2.52
Nov 202367467517,32915,7182$77.69$2.71
Oct 202349949213,38012,4525$85.64$2.98
Sep 202371471918,76817,27123$89.43$2.64
Aug 202391593219,89318,3440$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.

How to check your stub against this lease Checks stopped on this lease? See the likely reasons

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