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Texas oil lease

Producing

PRESTON 9I

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

1 well

19,635bbl oil, last 12 months−58% vs prior year
RRC lease
08-57538

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
282,483 mcf
Oil in Jul 2026
985 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 9I, Aug 2023 to Jul 2026. Oil output fell 58% over the last 12 months. 19,635 bbl in the 12 months through Jul 2026, against 46,330 bbl in the 12 months before.Last 12 months: 19,635 bblbbl per monthmcf per month005,00020k10k40k15k60k20k80kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 58% over the last 12 monthsMonthly oil production and gas for PRESTON 9I, Aug 2023 to Jul 2026. Oil output fell 58% over the last 12 months. 19,635 bbl in the 12 months through Jul 2026, against 46,330 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005,00020k10k40k15k60k20k80kJan 24JulJan 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 9I gas by disposition code each month, Aug 2023 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 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
97% of the gas went to a processing plant in the last 12 monthsShare of PRESTON 9I gas by disposition code each month, Aug 2023 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 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    97% · 274,327 mcf

  • Lease fuel (1)

    2.8% · 7,997 mcf

  • Flared (4)

    0.1% · 159 mcf

0.1% of the gas flared in the last 12 months. No month above 3%.

1 well on this lease

Wells on PRESTON 9I
API numberWell no.Status
42-329-45119109HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Plains Pipeline L.p.OilGathers50Oct 1, 2022–
Ricky Shuler Trucking INCOilGathers25Oct 1, 2022–
Sentinel Transportation, LLCOilGathers25Oct 1, 2022–
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100Jan 8, 2022–
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Jan 8, 2022–
Plains Pipeline L.p.OilGathers90Jan 8, 2022Oct 1, 2022
Sentinel Transportation, LLCOilGathers10Jan 8, 2022Oct 1, 2022

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

559 acres on the newest permit

  • Worth asking

    An allocation well is on this lease

    A well drilled across several tracts shares its production by an allocation formula, so the decimal is not always your acres over the unit acres. Ask the operator for the allocation formula and the tract factor for your land.

  • 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 9I
API numberWell no.Acreson the permit
42-329-45119109H559

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

Estimate your royalty

36 months, newest first

Ledger for PRESTON 9I
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202698598420,00619,45116$80.46$2.89
Jun 202684484616,99516,5421$84.81$3.15
May 20261,2961,29620,01519,4810$102.13$2.94
Apr 20261,2251,22418,42117,9331$100.32$2.77
Mar 20261,3601,36120,90120,3680$91.38$3.04
Feb 20261,3231,32322,79522,20324$64.51$3.62
Jan 20261,3261,32620,50219,94869$60.04$7.72
Dec 20252,0712,07229,68128,9870$57.97$4.26
Nov 20252,5752,57728,72927,7290$60.06$3.79
Oct 20252,4512,45329,73128,66032$60.89$3.19
Sep 20251,7481,75321,73020,94015$63.96$2.97
Aug 20252,4312,42432,97732,0851$64.86$2.91
Jul 20252,6562,65432,02131,1660$68.39$3.20
Jun 20252,7552,75832,86532,0024$68.17$3.02
May 20254,1234,12344,45643,32920$62.17$3.12
Apr 20253,5343,53133,28732,39132$63.54$3.42
Mar 20253,2333,23531,97131,0461$68.24$4.12
Feb 20253,3573,36029,83128,8162$71.53$4.19
Jan 20254,3534,35838,28937,1011$75.74$4.13
Dec 20244,0054,00538,91437,69435$70.12$3.01
Nov 20244,6554,65340,05038,8778$69.95$2.12
Oct 20244,8394,84131,74630,7861$71.99$2.20
Sep 20244,3664,36730,13629,10718$70.24$2.28
Aug 20244,4544,46033,23032,103115$76.68$1.99
Jul 20246,5466,56243,15442,0863$81.80$2.07
Jun 20247,8827,84933,73332,8793$79.77$2.54
May 20241,0821,0969,6099,3311$80.02$2.12
Apr 20247,1407,14450,93249,31845$85.35$1.60
Mar 20248,4318,45253,53151,77119$81.28$1.49
Feb 202412,02312,00746,07144,5502$77.25$1.72
Jan 20248,7598,74746,09045,11424$74.15$3.18
Dec 20238,0278,03044,75043,2441$71.90$2.52
Nov 20239,8559,87146,65745,29478$77.69$2.71
Oct 202310,72810,72746,32845,096188$85.64$2.98
Sep 202311,64611,65245,86344,44515$89.43$2.64
Aug 202314,76914,75056,41454,65726$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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Spraberry (Trend Area) field

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