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Texas oil lease

Producing

PRESTON 9DE

Preston 9DE is an oil lease in Midland County, Texas, operated by Pioneer Natural Res. USA, Inc. in the Spraberry (Trend Area) field.

1 well

84,799bbl oil, last 12 months−59% vs prior year
Operator
Pioneer Natural Res. USA, Inc.
County
Midland County
Field
Spraberry (Trend Area)
RRC lease
08-62032

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
315,891 mcf
Oil in Jul 2026
5,242 bbl

Production by month

Oil output fell 59% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 59% over the last 12 monthsMonthly oil production and gas for PRESTON 9DE, Aug 2024 to Jul 2026. Oil output fell 59% over the last 12 months. 84,799 bbl in the 12 months through Jul 2026, against 205,000 bbl in the 12 months before.Last 12 months: 84,799 bblbbl per monthmcf per month0010k25k20k50k30k75k40k100k50k125kOct 24Jan 25AprJulOctJan 26AprJul
Oil output fell 59% over the last 12 monthsMonthly oil production and gas for PRESTON 9DE, Aug 2024 to Jul 2026. Oil output fell 59% over the last 12 months. 84,799 bbl in the 12 months through Jul 2026, against 205,000 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0010k25k20k50k30k75k40k100k50k125kJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

97% of the gas went to a processing plant in the last 12 months

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
97% of the gas went to a processing plant in the last 12 monthsShare of PRESTON 9DE gas by disposition code each month, Aug 2024 to Jul 2026. 97% 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 24Jan 25AprJulOctJan 26AprJul
97% of the gas went to a processing plant in the last 12 monthsShare of PRESTON 9DE gas by disposition code each month, Aug 2024 to Jul 2026. 97% of the gas went to a processing plant in the last 12 months.Share of gas by disposition code0%50%100%Jan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    97% · 306,919 mcf

  • Lease fuel (1)

    2.8% · 8,817 mcf

  • Flared (4)

    0.0% · 155 mcf

1 well on this lease

Wells on PRESTON 9DE
API numberWell no.Status
42-329-46593205HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Plains Pipeline L.p.OilGathers90May 9, 2024
Sentinel Transportation, LLCOilGathers10May 9, 2024
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100May 9, 2024
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100May 9, 2024

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

Who buys my oilOil price check

720.10 acres on the newest permit

An allocation well is on this lease

Permits for Preston 9DE
API numberWell no.Acreson the permit
42-329-46593205H720.10

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

Unit decimal checker

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24 months, newest first

Ledger for PRESTON 9DE
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20265,2425,24227,88227,11922$80.46$2.89
Jun 20265,3955,39728,91228,1521$84.81$3.15
May 20265,7585,77126,29425,6050$102.13$2.94
Apr 20269,0279,01723,69823,0921$100.32$2.77
Mar 20267,9967,99025,20724,5800$91.38$3.04
Feb 20264,6734,67314,28313,92115$64.51$3.62
Jan 20265,2215,22220,05519,52366$60.04$7.72
Dec 20257,6377,64125,87525,2820$57.97$4.26
Nov 20259,8109,81935,36434,1540$60.06$3.79
Oct 20259,2669,26832,55931,40934$60.89$3.19
Sep 20256,1366,15521,75420,97915$63.96$2.97
Aug 20258,6388,61534,00833,1031$64.86$2.91
Jul 20259,8449,83737,34336,3620$68.39$3.20
Jun 20259,8539,85638,35137,3585$68.17$3.02
May 202511,81611,82044,60543,49219$62.17$3.12
Apr 202511,91511,90843,76242,60341$63.54$3.42
Mar 202514,74714,76456,45454,8482$68.24$4.12
Feb 202517,72217,73369,10866,7935$71.53$4.19
Jan 202521,38621,41565,30263,3232$75.74$4.13
Dec 202419,88419,88666,08264,05658$70.12$3.01
Nov 202424,34524,33774,71072,56815$69.95$2.12
Oct 202426,64626,704101,89898,8473$71.99$2.20
Sep 202436,82236,69489,70489,56354$70.24$2.28
Aug 2024202071710$76.68$1.99

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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This lease belongs to

OperatorPioneer Natural Res. USA, Inc.FieldSpraberry (Trend Area)CountyMidland County

Pioneer Natural Res. USA, Inc. in Midland County

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Spraberry (Trend Area) field

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