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Texas oil lease

Producing

PRESTON A

Preston A is an oil lease in Midland County, Texas, operated by Pioneer Natural Res. USA, Inc. in the Spraberry (Trend Area) R 40 Exc field.

14 wells

15,318bbl oil, last 12 months−58% vs prior year
Operator
Pioneer Natural Res. USA, Inc.
County
Midland County
Field
Spraberry (Trend Area) R 40 Exc
RRC lease
08-46162

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
348,140 mcf
Oil in Jul 2026
1,091 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 A, Aug 2023 to Jul 2026. Oil output fell 58% over the last 12 months. 15,318 bbl in the 12 months through Jul 2026, against 36,224 bbl in the 12 months before.Last 12 months: 15,318 bblbbl per monthmcf per month002,00025k4,00050k6,00075k8,000100k10k125kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 58% over the last 12 monthsMonthly oil production and gas for PRESTON A, Aug 2023 to Jul 2026. Oil output fell 58% over the last 12 months. 15,318 bbl in the 12 months through Jul 2026, against 36,224 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002,00025k4,00050k6,00075k8,000100k10k125kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

81% of the gas went to a processing plant in the last 12 months

Flaring peaked at 8.5% of the gas in Feb 2024.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
81% of the gas went to a processing plant in the last 12 monthsShare of PRESTON A gas by disposition code each month, Aug 2023 to Jul 2026. 81% of the gas went to a processing plant in the last 12 months. Flaring peaked at 8.5% of the gas in Feb 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 8.5%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
81% of the gas went to a processing plant in the last 12 monthsShare of PRESTON A gas by disposition code each month, Aug 2023 to Jul 2026. 81% of the gas went to a processing plant in the last 12 months. Flaring peaked at 8.5% of the gas in Feb 2024.Share of gas by disposition code0%50%100%Flared 8.5%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    81% · 281,614 mcf

  • Lease fuel (1)

    19% · 66,338 mcf

  • Flared (4)

    0.1% · 188 mcf

0.1% of the gas flared in the last 12 months. One month above 3%.

14 wells on this lease

Wells on PRESTON A
API numberWell no.Status
42-329-394043462HActive
42-329-394053463HShut-in
42-329-395733403DActive
42-329-403373601HActive
42-329-403543602HActive
42-329-403553603HActive
42-329-403683604HActive
42-329-403723605HActive
42-329-403733606HActive
42-329-403893607HShut-in
42-329-403953608HShut-in
42-329-403963609HShut-in
42-329-404013611HActive
42-329-404083610HShut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Plains Marketing, L.p.OilGathers75Feb 1, 2018
Ricky Shuler Trucking INCOilGathers25Feb 1, 2018
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100Nov 1, 2015
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Oct 1, 2015

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

Who buys my oilOil price check

1,311.40 acres on the newest permit

14 wells are listed on this lease

Permits for Preston A
API numberWell no.Acreson the permit
42-329-403963609H1,311.40
42-329-404083610H1,311.40
42-329-404013611H1,311.40
42-329-403953608H1,311.40
42-329-403733606H1,311.40
42-329-403893607H1,311.40
42-329-403683604H1,311.40
42-329-403723605H1,311.40
42-329-403543602H1,311.40
42-329-403553603H1,311.40
42-329-403373601H1,311.40
42-329-395733403D1,311.40

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

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for PRESTON A
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20261,0911,15729,78625,0750$80.46$2.89
Jun 20261,7942,00628,53924,6863$84.81$3.15
May 20261,3721,20314,96610,775102$102.13$2.94
Apr 20261,3601,28128,75024,6399$100.32$2.77
Mar 20261,7521,83330,81623,4930$91.38$3.04
Feb 20261,1951,14225,46521,0570$64.51$3.62
Jan 20261,1531,09425,72120,80913$60.04$7.72
Dec 20251,5381,57036,35129,8970$57.97$4.26
Nov 20251,0721,02633,85726,7150$60.06$3.79
Oct 202574179125,30119,13550$60.89$3.19
Sep 202590195833,10826,5322$63.96$2.97
Aug 20251,3491,23635,48028,8019$64.86$2.91
Jul 20251,2581,50435,51029,99519$68.39$3.20
Jun 20251,3971,30242,18237,19122$68.17$3.02
May 20252,4772,43349,81444,7546$62.17$3.12
Apr 20252,6382,68853,55148,3584$63.54$3.42
Mar 20253,4533,51862,95455,5251$68.24$4.12
Feb 20252,1192,15649,99943,799610$71.53$4.19
Jan 20252,1061,97249,58743,6702$75.74$4.13
Dec 20242,3692,51048,07643,161182$70.12$3.01
Nov 20243,8653,72971,60564,9070$69.95$2.12
Oct 20244,3504,45781,78074,1110$71.99$2.20
Sep 20244,1694,34182,78475,673231$70.24$2.28
Aug 20246,0235,83993,57685,484150$76.68$1.99
Jul 20246,1736,09294,80286,544219$81.80$2.07
Jun 20245,5755,51491,51483,91768$79.77$2.54
May 20243,6843,65780,55573,57315$80.02$2.12
Apr 20245,3215,40292,59083,875366$85.35$1.60
Mar 20246,1346,16797,19888,1844$81.28$1.49
Feb 20246,4297,24892,00275,4537,821$77.25$1.72
Jan 20245,1854,35591,63683,142500$74.15$3.18
Dec 20237,0826,997100,72493,4770$71.90$2.52
Nov 20234,2434,39459,25154,0076$77.69$2.71
Oct 20235,6335,497107,24499,94540$85.64$2.98
Sep 20236,1646,154117,238107,956143$89.43$2.64
Aug 20236,2096,230121,067111,6590$81.39$2.58

Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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This lease belongs to

OperatorPioneer Natural Res. USA, Inc.FieldSpraberry (Trend Area) R 40 ExcCountyMidland County

Pioneer Natural Res. USA, Inc. in Midland County

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Spraberry (Trend Area) R 40 Exc field

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