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Texas oil lease

Producing

PRESTON E13B

Preston E13b is an oil lease in Midland County, Texas, operated by Pioneer Natural Res. USA, Inc. in the Spraberry (Trend Area) R 40 Exc field.

2 wells

20,109bbl oil, last 12 months−17% vs prior year
RRC lease
08-51241

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
469,016 mcf
Oil in Jul 2026
1,342 bbl

Production by month

Oil output fell 17% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 17% over the last 12 monthsMonthly oil production and gas for PRESTON E13B, Aug 2023 to Jul 2026. Oil output fell 17% over the last 12 months. 20,109 bbl in the 12 months through Jul 2026, against 24,211 bbl in the 12 months before.Last 12 months: 20,109 bblbbl per monthmcf per month001,00020k2,00040k3,00060k4,00080kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 17% over the last 12 monthsMonthly oil production and gas for PRESTON E13B, Aug 2023 to Jul 2026. Oil output fell 17% over the last 12 months. 20,109 bbl in the 12 months through Jul 2026, against 24,211 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001,00020k2,00040k3,00060k4,00080kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

95% of the gas went to a processing plant in the last 12 months

Flaring peaked at 15.1% of the gas in Aug 2023.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
95% of the gas went to a processing plant in the last 12 monthsShare of PRESTON E13B gas by disposition code each month, Aug 2023 to Jul 2026. 95% of the gas went to a processing plant in the last 12 months. Flaring peaked at 15.1% of the gas in Aug 2023.Share of the lease’s gas by disposition code, per month0%50%100%Flared 15.1%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
95% of the gas went to a processing plant in the last 12 monthsShare of PRESTON E13B gas by disposition code each month, Aug 2023 to Jul 2026. 95% of the gas went to a processing plant in the last 12 months. Flaring peaked at 15.1% of the gas in Aug 2023.Share of gas by disposition code0%50%100%Flared 15.1%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    95% · 446,321 mcf

  • Lease fuel (1)

    4.7% · 21,890 mcf

  • Flared (4)

    0.2% · 805 mcf

0.2% of the gas flared in the last 12 months. One month above 3%.

2 wells on this lease

Wells on PRESTON E13B
API numberWell no.Status
42-329-42171102HActive
42-329-43312105HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Anchor Crude Marketing, LLCOilGathers25Sep 1, 2025–
Oasis Transp & Marketing Corp.OilGathers25Feb 1, 2022–
Plains Marketing, L.p.OilGathers25Feb 1, 2020–
Plains Pipeline L.p.OilGathers25Sep 1, 2025–
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100Nov 4, 2018–
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Nov 4, 2018–
Plains Pipeline L.p.OilGathers50Feb 1, 2020Sep 1, 2025
Pilot Travel Centers LLCOilGathers25Feb 1, 2020Feb 1, 2022
Plains Marketing, L.p.OilGathers10Nov 4, 2018Feb 1, 2020
Plains Pipeline L.p.OilGathers80Nov 4, 2018Feb 1, 2020
Ricky Shuler Trucking INCOilGathers10Nov 4, 2018Feb 1, 2020

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

1,140.10 acres on the newest permit

An allocation well is on this lease

Permits for Preston E13b
API numberWell no.Acreson the permit
42-329-43312105H1,140.10
42-329-42171102H1,140.10

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

Estimate your royalty

36 months, newest first

Ledger for PRESTON E13B
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20261,3421,34331,53329,5465$80.46$2.89
Jun 20261,3011,28129,09827,3931$84.81$3.15
May 20261,3221,32528,22126,5819$102.13$2.94
Apr 20261,1581,16033,82531,6660$100.32$2.77
Mar 20261,3571,37738,72136,6542$91.38$3.04
Feb 20261,5891,60939,88437,797167$64.51$3.62
Jan 20261,9751,96747,87345,59040$60.04$7.72
Dec 20251,8881,87248,48446,200450$57.97$4.26
Nov 20252,2342,23361,85759,397115$60.06$3.79
Oct 20252,2992,30352,64750,7432$60.89$3.19
Sep 20251,8911,88534,23232,9850$63.96$2.97
Aug 20251,7531,75322,64121,76914$64.86$2.91
Jul 20251,9681,97121,97521,2220$68.39$3.20
Jun 20252,0272,02519,76219,0670$68.17$3.02
May 20252,0342,02520,38319,6690$62.17$3.12
Apr 20251,8821,87519,41318,7490$63.54$3.42
Mar 20251,8041,80619,25418,5600$68.24$4.12
Feb 20251,8701,87220,29019,5610$71.53$4.19
Jan 20252,1222,12721,10320,26027$75.74$4.13
Dec 20242,1922,18620,04819,2990$70.12$3.01
Nov 20242,0952,09718,77218,0892$69.95$2.12
Oct 20242,1322,12019,08918,3450$71.99$2.20
Sep 20241,5411,55917,41016,6900$70.24$2.28
Aug 20242,5442,54723,83522,8517$76.68$1.99
Jul 20242,7292,72822,31321,4260$81.80$2.07
Jun 20242,4242,42320,28419,4250$79.77$2.54
May 20242,5372,53620,63719,7700$80.02$2.12
Apr 20242,4552,45921,14620,24737$85.35$1.60
Mar 20242,6562,65321,43220,47916$81.28$1.49
Feb 20242,8722,87219,90819,1200$77.25$1.72
Jan 20242,7992,79217,69617,0180$74.15$3.18
Dec 20233,5243,53121,97221,1841$71.90$2.52
Nov 20233,4413,45419,51118,8270$77.69$2.71
Oct 20233,7753,78217,26416,6250$85.64$2.98
Sep 20233,4783,45317,07616,43517$89.43$2.64
Aug 20232,2592,2538,8097,1731,328$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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Nearby

Pioneer Natural Res. USA, Inc. in Midland County

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Spraberry (Trend Area) R 40 Exc field

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