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Texas oil lease

Producing

PRESTON 9K

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

1 well

18,902bbl oil, last 12 months−27% vs prior year
Operator
Pioneer Natural Res. USA, Inc.
County
Midland County
Field
Spraberry (Trend Area)
RRC lease
08-57467

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
284,377 mcf
Oil in Jul 2026
1,559 bbl

Production by month

Oil output fell 27% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 27% over the last 12 monthsMonthly oil production and gas for PRESTON 9K, Aug 2023 to Jul 2026. Oil output fell 27% over the last 12 months. 18,902 bbl in the 12 months through Jul 2026, against 25,930 bbl in the 12 months before.Last 12 months: 18,902 bblbbl per monthmcf per month002,00020k4,00040k6,00060k8,00080kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 27% over the last 12 monthsMonthly oil production and gas for PRESTON 9K, Aug 2023 to Jul 2026. Oil output fell 27% over the last 12 months. 18,902 bbl in the 12 months through Jul 2026, against 25,930 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002,00020k4,00040k6,00060k8,00080kJan 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 9K 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 9K 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% · 276,295 mcf

  • Lease fuel (1)

    2.8% · 7,919 mcf

  • Flared (4)

    0.1% · 163 mcf

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

1 well on this lease

Wells on PRESTON 9K
API numberWell no.Status
42-329-45121111HActive

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 gasBuys100Dec 18, 2021–
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Dec 18, 2021–
Plains Pipeline L.p.OilGathers90Dec 18, 2021Oct 1, 2022
Sentinel Transportation, LLCOilGathers10Dec 18, 2021Oct 1, 2022

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

Who buys my oilOil price check

559 acres on the newest permit

An allocation well is on this lease

Permits for Preston 9K
API numberWell no.Acreson the permit
42-329-45121111H559

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

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for PRESTON 9K
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20261,5591,55923,93723,27419$80.46$2.89
Jun 20261,5071,50824,09223,4511$84.81$3.15
May 20261,5961,59628,50427,7430$102.13$2.94
Apr 20261,4201,41923,48922,8671$100.32$2.77
Mar 20261,4231,42324,54823,9220$91.38$3.04
Feb 20261,4871,48722,14821,57423$64.51$3.62
Jan 20261,5011,50123,80023,15680$60.04$7.72
Dec 20251,7811,78025,46824,8720$57.97$4.26
Nov 20251,7511,75323,32722,5140$60.06$3.79
Oct 20251,7921,79323,52922,68125$60.89$3.19
Sep 20251,2731,27718,17917,51713$63.96$2.97
Aug 20251,8121,80623,35622,7241$64.86$2.91
Jul 20251,6561,65619,64219,1180$68.39$3.20
Jun 20252,0292,02917,34516,8912$68.17$3.02
May 20252,1952,19616,16715,7597$62.17$3.12
Apr 20252,3242,32312,23911,91212$63.54$3.42
Mar 20252,5042,5059,4629,1930$68.24$4.12
Feb 20252,3702,3715,5365,3540$71.53$4.19
Jan 20252,6622,6645,3205,1620$75.74$4.13
Dec 20242,1342,1334,6794,5384$70.12$3.01
Nov 20242,2282,2274,7674,6321$69.95$2.12
Oct 20242,4882,4884,4094,2810$71.99$2.20
Sep 20241,7731,77214,07313,5928$70.24$2.28
Aug 20241,5671,56929,32828,324103$76.68$1.99
Jul 20242,1632,17929,08828,3632$81.80$2.07
Jun 20244,6764,67047,86546,6394$79.77$2.54
May 20244,0013,99435,98734,9475$80.02$2.12
Apr 20243,7663,76638,94037,82834$85.35$1.60
Mar 20243,7993,79936,81435,70313$81.28$1.49
Feb 20242,8392,83631,92630,9691$77.25$1.72
Jan 20242,0652,06742,75141,52323$74.15$3.18
Dec 20234,6284,62844,88643,5291$71.90$2.52
Nov 20234,8994,90739,97038,76967$77.69$2.71
Oct 20235,3245,32440,61739,382165$85.64$2.98
Sep 20235,7255,72353,29951,88418$89.43$2.64
Aug 20235,5995,59549,10947,97323$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

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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