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Texas oil lease

Producing

PRESTON B

Preston B is an oil lease in Wichita County, Texas, operated by Newport Operating, LLC in the Wichita County Regular field.

20 wells

981bbl oil, last 12 months−29% vs prior year
Operator
Newport Operating, LLC
County
Wichita County
Field
Wichita County Regular
RRC lease
09-05565

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Where it sits

This county

Wichita CountyWichitaBaylorClayWilbargerArcherWichita County
Wichita County
Oil in Jul 2026
41 bbl
Reporting since
Jan 2020

Production by month

Oil output fell 29% over the last 12 months

  • Oil (bars)
  • Last 12 months
Oil output fell 29% over the last 12 monthsMonthly oil production for PRESTON B, Aug 2023 to Jul 2026. Oil output fell 29% over the last 12 months. 981 bbl in the 12 months through Jul 2026, against 1,381 bbl in the 12 months before.Last 12 months: 981 bblbbl per month050100150200Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 29% over the last 12 monthsMonthly oil production for PRESTON B, Aug 2023 to Jul 2026. Oil output fell 29% over the last 12 months. 981 bbl in the 12 months through Jul 2026, against 1,381 bbl in the 12 months before.Last 12 monthsbbl per month050100150200Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

No gas disposition reported for this lease

The operator has not reported where the gas went in the months we hold.

20 wells on this lease

Wells on PRESTON B
API numberWell no.Status
42-485-46002108Shut-in
42-485-46010106Shut-in
42-485-46011107Active
42-485-46015109Shut-in
42-485-46063112Shut-in
42-485-46064113Shut-in
42-485-46076200Shut-in
42-485-46077202Shut-in
42-485-46078203Shut-in
42-485-46079201Shut-in
42-485-46113206Shut-in
42-485-46114204Shut-in
42-485-46132205Shut-in
42-485-848781Shut-in
42-485-848792Shut-in
42-485-848803Active
42-485-848815Active
42-485-848826Shut-in
42-485-848837Shut-in
42-485-930354Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Ptt Premier Trading and Tran LLCOilGathers100Nov 1, 2023–
Gulfmark Energy, Inc.OilGathers100Oct 1, 2018Nov 1, 2023

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

Who buys my oilOil price check

90 acres on the newest permit

20 wells are listed on this lease

Permits for Preston B
API numberWell no.Acreson the permit
42-485-4613220590
42-485-4611320690
42-485-4611420490
42-485-4607620090
42-485-4607920190
42-485-4607720290
42-485-4607820390
42-485-4606311290
42-485-4606411390
42-485-4601510990
42-485-4601010690
42-485-4601110790

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 B
MonthOil producedbblOil soldbblWTI$/bblHenry Hub$/MMBtu
Jul 2026410$80.46$2.89
Jun 202674143$84.81$3.15
May 2026750$102.13$2.94
Apr 20267471$100.32$2.77
Mar 20268297$91.38$3.04
Feb 20266880$64.51$3.62
Jan 20267873$60.04$7.72
Dec 202599116$57.97$4.26
Nov 202511399$60.06$3.79
Oct 20259671$60.89$3.19
Sep 202591176$63.96$2.97
Aug 20259095$64.86$2.91
Jul 2025119117$68.39$3.20
Jun 2025118156$68.17$3.02
May 2025600$62.17$3.12
Apr 202599162$63.54$3.42
Mar 2025950$68.24$4.12
Feb 2025100145$71.53$4.19
Jan 2025122123$75.74$4.13
Dec 2024132160$70.12$3.01
Nov 2024126160$69.95$2.12
Oct 202413898$71.99$2.20
Sep 202414184$70.24$2.28
Aug 2024131154$76.68$1.99
Jul 2024124160$81.80$2.07
Jun 2024129196$79.77$2.54
May 2024670$80.02$2.12
Apr 2024121185$85.35$1.60
Mar 202413399$81.28$1.49
Feb 2024125175$77.25$1.72
Jan 20241250$74.15$3.18
Dec 2023127160$71.90$2.52
Nov 2023127133$77.69$2.71
Oct 2023830$85.64$2.98
Sep 2023103366$89.43$2.64
Aug 2023910$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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This lease belongs to

OperatorNewport Operating, LLCFieldWichita County RegularCountyWichita County

Newport Operating, LLC in Wichita County

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Wichita County Regular field

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