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Texas oil lease

Producing

PRESTON E17B

Preston E17b is an oil lease in Midland County, Texas, operated by Pioneer Natural Res. USA, Inc. in the Spraberry (Trend Area) R 40 Exc field.

1 well

39,727bbl oil, last 12 months−30% vs prior year
Operator
Pioneer Natural Res. USA, Inc.
County
Midland County
Field
Spraberry (Trend Area) R 40 Exc
RRC lease
08-56304

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
292,408 mcf
Oil in Jul 2026
5,341 bbl

Production by month

Oil output fell 30% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 30% over the last 12 monthsMonthly oil production and gas for PRESTON E17B, Aug 2023 to Jul 2026. Oil output fell 30% over the last 12 months. 39,727 bbl in the 12 months through Jul 2026, against 57,076 bbl in the 12 months before.Last 12 months: 39,727 bblbbl per monthmcf per month005,00020k10k40k15k60k20k80kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 30% over the last 12 monthsMonthly oil production and gas for PRESTON E17B, Aug 2023 to Jul 2026. Oil output fell 30% over the last 12 months. 39,727 bbl in the 12 months through Jul 2026, against 57,076 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005,00020k10k40k15k60k20k80kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

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

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
Over 99% of the gas went to a processing plant in the last 12 monthsShare of PRESTON E17B gas by disposition code each month, Aug 2023 to Jul 2026. Over 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
Over 99% of the gas went to a processing plant in the last 12 monthsShare of PRESTON E17B gas by disposition code each month, Aug 2023 to Jul 2026. Over 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)

    100% · 351,556 mcf

  • Lease fuel (1)

    0.1% · 360 mcf

  • Flared (4)

    0.1% · 180 mcf

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

1 well on this lease

Wells on PRESTON E17B
API numberWell no.Status
42-329-43930102HActive

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 gasBuys100Sep 2, 2021–
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Sep 2, 2021–
Plains Pipeline L.p.OilGathers90Sep 2, 2021Oct 1, 2022
Sentinel Transportation, LLCOilGathers10Sep 2, 2021Oct 1, 2022

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

Who buys my oilOil price check

1,442.50 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 E17b
API numberWell no.Acreson the permit
42-329-43930102H1,442.50

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

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for PRESTON E17B
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20265,3415,33737,40337,33230$80.46$2.89
Jun 20263,7973,78626,89226,8611$84.81$3.15
May 202607000$102.13$2.94
Apr 20262,2092,21215,31115,2931$100.32$2.77
Mar 20263,8253,82328,97728,9480$91.38$3.04
Feb 20262,8202,82021,93221,88923$64.51$3.62
Jan 20262,8932,89222,71422,61577$60.04$7.72
Dec 20253,2893,28724,36924,3470$57.97$4.26
Nov 20252,4692,47119,18119,1630$60.06$3.79
Oct 20252,4442,45923,17923,12926$60.89$3.19
Sep 20254,4894,50227,89827,83720$63.96$2.97
Aug 20256,1516,13244,55244,5082$64.86$2.91
Jul 20256,1036,10159,68859,6340$68.39$3.20
Jun 20256,9966,99644,52544,4806$68.17$3.02
May 20257,2987,29838,24238,19017$62.17$3.12
Apr 20256,5816,57831,86931,80831$63.54$3.42
Mar 20257,3597,35232,26232,2271$68.24$4.12
Feb 20251,7681,7658,5208,5101$71.53$4.19
Jan 20254394474,2344,2290$75.74$4.13
Dec 20242,3172,31815,13815,10514$70.12$3.01
Nov 20243,1083,11317,00416,9834$69.95$2.12
Oct 20245,8305,82827,82727,7981$71.99$2.20
Sep 20243,7093,71532,75132,69721$70.24$2.28
Aug 20245,5685,57035,88935,718128$76.68$1.99
Jul 20246,3236,33538,50338,4593$81.80$2.07
Jun 20246,7766,77142,91442,8614$79.77$2.54
May 20246,6376,62957,06356,9937$80.02$2.12
Apr 20247,3937,39348,76048,66844$85.35$1.60
Mar 20247,4507,45053,66453,58920$81.28$1.49
Feb 20245,5225,52846,76246,7112$77.25$1.72
Jan 20248,0348,02446,01045,93725$74.15$3.18
Dec 20238,1718,17467,62967,5621$71.90$2.52
Nov 20239,7179,72456,29156,13897$77.69$2.71
Oct 20238,0148,01855,12654,821230$85.64$2.98
Sep 202310,19510,20146,60046,51916$89.43$2.64
Aug 202313,31213,30356,40856,31527$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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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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