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Producing

PRESTON 9L

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

2 wells

83,012bbl oil, last 12 months−60% vs prior year
Operator
Pioneer Natural Res. USA, Inc.
County
Midland County
Field
Spraberry (Trend Area)
RRC lease
08-57550

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
524,131 mcf
Oil in Jul 2026
5,327 bbl

Production by month

Oil output fell 60% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 60% over the last 12 monthsMonthly oil production and gas for PRESTON 9L, Aug 2023 to Jul 2026. Oil output fell 60% over the last 12 months. 83,012 bbl in the 12 months through Jul 2026, against 209,842 bbl in the 12 months before.Last 12 months: 83,012 bblbbl per monthmcf per month0010k20k20k40k30k60k40k80k50k100kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 60% over the last 12 monthsMonthly oil production and gas for PRESTON 9L, Aug 2023 to Jul 2026. Oil output fell 60% over the last 12 months. 83,012 bbl in the 12 months through Jul 2026, against 209,842 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0010k20k20k40k30k60k40k80k50k100kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

99% of the gas went to a processing plant in the last 12 months

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
99% of the gas went to a processing plant in the last 12 monthsShare of PRESTON 9L gas by disposition code each month, Aug 2023 to Jul 2026. 99% 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
99% of the gas went to a processing plant in the last 12 monthsShare of PRESTON 9L gas by disposition code each month, Aug 2023 to Jul 2026. 99% 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)

    99% · 516,980 mcf

  • Lease fuel (1)

    1.3% · 6,840 mcf

  • Flared (4)

    0.1% · 311 mcf

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

2 wells on this lease

Wells on PRESTON 9L
API numberWell no.Status
42-329-45122112HActive
42-329-46607211HActive

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 17, 2022–
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Jan 17, 2022–
Plains Pipeline L.p.OilGathers90Jan 17, 2022Oct 1, 2022
Sentinel Transportation, LLCOilGathers10Jan 17, 2022Oct 1, 2022

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

Who buys my oilOil price check

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 9L
API numberWell no.Acreson the permit
42-329-46607211H559
42-329-45122112H559

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

Unit decimal checker

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36 months, newest first

Ledger for PRESTON 9L
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20265,3275,32733,85333,32627$80.46$2.89
Jun 20265,4895,49235,72535,2322$84.81$3.15
May 20266,3746,37745,72545,1050$102.13$2.94
Apr 20266,2136,20940,61440,0592$100.32$2.77
Mar 20266,9616,96242,85742,3180$91.38$3.04
Feb 20266,3396,34143,15742,63145$64.51$3.62
Jan 20267,2067,20248,72248,021164$60.04$7.72
Dec 20257,9377,93751,89451,3411$57.97$4.26
Nov 20257,9657,97547,19546,5090$60.06$3.79
Oct 20258,6638,66140,23239,54044$60.89$3.19
Sep 20254,8764,90733,24032,57324$63.96$2.97
Aug 20259,6629,63960,91760,3252$64.86$2.91
Jul 202511,97711,97361,29260,7630$68.39$3.20
Jun 202514,18314,17466,07565,5638$68.17$3.02
May 202510,27010,26741,94640,89718$62.17$3.12
Apr 20257,4837,48122,36121,77221$63.54$3.42
Mar 20256,0536,05114,92414,5060$68.24$4.12
Feb 20256,1136,14612,30111,9001$71.53$4.19
Jan 202520,39820,43542,55341,2852$75.74$4.13
Dec 202421,46621,47547,44246,01341$70.12$3.01
Nov 202428,51328,51468,83068,52514$69.95$2.12
Oct 202435,05035,11776,59476,4863$71.99$2.20
Sep 202445,87645,72688,32288,15252$70.24$2.28
Aug 20242,4602,4586,6226,40422$76.68$1.99
Jul 20242,1762,18513,35013,0201$81.80$2.07
Jun 20243,3873,38628,17027,4502$79.77$2.54
May 20243,4823,47432,12131,1943$80.02$2.12
Apr 20242,6242,62137,16336,09833$85.35$1.60
Mar 20241,6571,65968,76166,67425$81.28$1.49
Feb 20241,5391,54049,95248,4482$77.25$1.72
Jan 20242,1912,19058,85857,16631$74.15$3.18
Dec 20232,9612,96465,98963,9841$71.90$2.52
Nov 20234,5234,53059,38257,591100$77.69$2.71
Oct 20234,8504,84947,87846,417196$85.64$2.98
Sep 20235,2175,21950,50249,16017$89.43$2.64
Aug 20236,1826,17856,57055,26027$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

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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