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Texas oil lease

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PRESTON

Preston is an oil lease in Stonewall County, Texas, operated by Terrell Oil & Gas Production Co. in the Barbee-Reiff (Strawn) field.

3 wells

0bbl oil, last 12 months
Operator
Terrell Oil & Gas Production Co.
County
Stonewall County
Field
Barbee-Reiff (Strawn)
RRC lease
7B-28866

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Where it sits

This county

Stonewall CountyStonewallDickensKingKnoxKentHaskellStonewall County
Stonewall County
Oil in Jul 2026
0 bbl
Reporting since
Jan 2020

Production by month

No oil produced in the last 12 months

  • Oil (bars)
  • Last 12 months
No oil produced in the last 12 monthsMonthly oil production for PRESTON, Aug 2023 to Jul 2026. No oil produced in the last 12 months. The last month with output was Oct 2023, at 30 bbl.Last 12 months: 0 bblbbl per month020406080Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
No oil produced in the last 12 monthsMonthly oil production for PRESTON, Aug 2023 to Jul 2026. No oil produced in the last 12 months. The last month with output was Oct 2023, at 30 bbl.Last 12 monthsbbl per month020406080Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

No gas disposition reported for this lease

The operator has not reported where the gas went in the months we hold.

3 wells on this lease

Wells on PRESTON
API numberWell no.Status
42-433-332011Active
42-433-332731AShut-in
42-433-333091BShut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Transfer Marketing & TermOilGathers100Dec 1, 2022–
Sunoco Ptnrs. Mktg.&terminals LPOilGathers100Apr 1, 2002Dec 1, 2022

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

Who buys my oilOil price check

40 acres on the newest permit

The wells on this lease state different acreage

The permits state between 40 and 250 acres.

Permits for Preston
API numberWell no.Acreson the permit
42-433-333091B40
42-433-332731A40
42-433-332011250

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

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for PRESTON
MonthOil producedbblOil soldbblWTI$/bblHenry Hub$/MMBtu
Jul 202600$80.46$2.89
Jun 202600$84.81$3.15
May 202600$102.13$2.94
Apr 202600$100.32$2.77
Mar 202600$91.38$3.04
Feb 202600$64.51$3.62
Jan 202600$60.04$7.72
Dec 202500$57.97$4.26
Nov 202500$60.06$3.79
Oct 202500$60.89$3.19
Sep 202500$63.96$2.97
Aug 202500$64.86$2.91
Jul 202500$68.39$3.20
Jun 202500$68.17$3.02
May 202500$62.17$3.12
Apr 202500$63.54$3.42
Mar 202500$68.24$4.12
Feb 202500$71.53$4.19
Jan 202500$75.74$4.13
Dec 202400$70.12$3.01
Nov 202400$69.95$2.12
Oct 202400$71.99$2.20
Sep 202400$70.24$2.28
Aug 202400$76.68$1.99
Jul 202400$81.80$2.07
Jun 202400$79.77$2.54
May 202400$80.02$2.12
Apr 202400$85.35$1.60
Mar 202400$81.28$1.49
Feb 202400$77.25$1.72
Jan 202400$74.15$3.18
Dec 2023042$71.90$2.52
Nov 202300$77.69$2.71
Oct 2023300$85.64$2.98
Sep 202362173$89.43$2.64
Aug 2023350$81.39$2.58

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

OperatorTerrell Oil & Gas Production Co.FieldBarbee-Reiff (Strawn)CountyStonewall County

Terrell Oil & Gas Production Co. in Stonewall County

No other producing leases from this operator in this county are in our data yet.

Barbee-Reiff (Strawn) field

No other producing leases in this field are in our data yet.

Leases within 10 km

Drilling permits within 10 km