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Texas oil lease

Producing

PRESTON E17E

Preston E17e 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

14,120bbl oil, last 12 months−38% vs prior year
Operator
Pioneer Natural Res. USA, Inc.
County
Midland County
Field
Spraberry (Trend Area) R 40 Exc
RRC lease
08-56074

200 royalty accounts on the county roll

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Gas, last 12 months
267,521 mcf
Oil in Aug 2026
1,110 bbl
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Wells on this lease and around it

Where the state's map puts this lease's well, and what has been drilled or permitted within about 2 miles of it.
Map of the Preston E17e lease in Midland County, Texas: its well ringed, among 472 wells and 13 recent drilling locations in a picture about 6 miles across.
  • This lease1Its well, ringed on the map: producing
  • Drilling locations13Permits issued in the last two years
  • Producing wells195On a lease reporting production now
  • Not producing10Shut in, inactive or no lease on record
  • Plugged267The state's wellbore record says plugged

The ringed dot is this lease's well, where the Railroad Commission's map puts it. The other dots are wells and drilling permits of the last 24 months on the land around it; the counts are for everything in the picture, which is about 6 miles across. The thin brown lines are the original land surveys; where there is room, a survey carries its abstract number, the number deeds and division orders cite. Sources: Railroad Commission of Texas well layers, drilling permit files and survey lines, base map from USGS The National Map.

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A one-page map of this lease to print, for a lawyer, a buyer or a probate file.

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You may show this map on any site, unchanged. Keep the credit line and its link to Royalty Clerk under the map. The picture updates by itself as the state records new wells and permits.

Download the picture (WebP)
<a href="https://royaltyclerk.com/texas/leases/preston-e17e-08-56074"><img src="https://royaltyclerk.com/maps/lease-wells/preston-e17e-08-56074.svg" alt="Map of the Preston E17e lease in Midland County, Texas: its well ringed, among 472 wells and 13 recent drilling locations in a picture about 6 miles across." width="1000" height="951" loading="lazy" style="max-width:100%;height:auto;border:0"></a>
<p style="margin:4px 0 0;font-size:14px">Map: <a href="https://royaltyclerk.com/texas/leases/preston-e17e-08-56074">Wells on the Preston E17e lease, Midland County, Texas</a> by Royalty Clerk, from Railroad Commission of Texas records</p>

Production by month

Oil output fell 38% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 38% over the last 12 monthsMonthly oil production and gas for PRESTON E17E, Sep 2023 to Aug 2026. Oil output fell 38% over the last 12 months. 14,120 bbl in the 12 months through Aug 2026, against 22,955 bbl in the 12 months before.Last 12 months: 14,120 bblbbl per monthmcf per month001,00010k2,00020k3,00030k4,00040k5,00050kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 38% over the last 12 monthsMonthly oil production and gas for PRESTON E17E, Sep 2023 to Aug 2026. Oil output fell 38% over the last 12 months. 14,120 bbl in the 12 months through Aug 2026, against 22,955 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001,00010k2,00020k3,00030k4,00040k5,00050kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Aug 2026.

From the state record

What owners ask about Preston E17e

When is the check for August 2026 due?
August 2026 is the newest month the state has posted for this lease. Texas law gives the payor until 60 days after the end of the sale month for oil and 90 for gas: the oil by Oct 30, 2026 and the gas by Nov 29, 2026, unless the lease sets another time.
Source: Railroad Commission production reports; Texas Natural Resources Code §91.402.
See your next three checks
Which Texas production tax rate applies?
The Texas Comptroller lists no approved exemption or reduced rate for this lease for August 2026, so the full 4.6% on oil and 7.5% on gas applies.
Source: Texas Comptroller, approved severance tax exemptions.
Check the tax on your stub
Who buys the oil and gas?
Oil: Plains Pipeline L.p., Ricky Shuler Trucking INC and Sentinel Transportation, LLC gather it. Gas from oil wells: Targa Pl Mid-Cont Westtex LLC buys and gathers it. The buyer's price is what a royalty check is figured on.
Source: Railroad Commission Form P-4, gatherers and purchasers.
See every buyer and past buyers
How many 1099s should an owner expect for 2025?
One company, Pioneer Natural Res. USA, Inc., filed this lease's reports behind every 2025 check, so most owners get one form. The operator is not always the company that pays, so go by the name on the stubs.
Source: Railroad Commission production reports, operator of record by month.
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Free tools, already on this lease

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33 years of state records, 1993–2026

PRESTON E17E since 2021

We read every monthly report the Railroad Commission holds, back to January 1993. This lease first reported in September 2021. It filed 60 monthly reports through August 2026.

Sold since 2021

$32.5 million

What the whole lease’s oil and gas sold for at each month’s public prices, before tax and the operator’s deductions. A royalty owner’s share is their decimal of it.

A relative owned a share? See what it earned after they died
Oil sold
319,267 bbl
Gas sold
1,714,374 mcf
Best year
2022$12.5 million sold
Last report
Aug 2026First: Sep 2021

Its best year was 2022: $12.5 million of oil and gas sold

Each bar is what the lease’s oil and gas sold for that year, at that month’s prices. 2026 is only part of a year in the records, drawn lighter.

  • Oil
  • Gas
Its best year was 2022: $12.5 million of oil and gas soldPreston E17e: oil and gas sold each year from 2021 to 2026, at each month's prices. Its best year was 2022: $12.5 million of oil and gas sold.Sold each year, at each month’s prices$0$5M$10M$15MPeak 2022: $13M202120222023202420252026
Its best year was 2022: $12.5 million of oil and gas soldPreston E17e: oil and gas sold each year from 2021 to 2026, at each month's prices. Its best year was 2022: $12.5 million of oil and gas sold.Sold each year, at each month’s prices$0$5M$10M$15MPeak 2022: $13M'21'22'23'24'25'26

SourceTexas Railroad Commission Production Data Query, every monthly report since January 1993; EIA monthly WTI and Henry Hub prices (before 1997, EIA's yearly Texas natural gas wellhead price), through August 2026.

Every year as a table
Preston E17e: oil and gas sold each year
YearMonthsOil sold, bblGas sold, mcfSold for
2026 *88,817170,191$1,354,198
20251219,630293,580$2,328,982
20241229,821316,608$2,986,714
20231249,872384,888$4,810,454
202212109,623410,049$12,588,470
20214101,504139,058$8,437,353

* Part of the year: the records run through August 2026.

Where the gas went

97% of the gas went to a processing plant in the last 12 months

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
97% of the gas went to a processing plant in the last 12 monthsShare of PRESTON E17E gas by disposition code each month, Sep 2023 to Aug 2026. 97% 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
97% of the gas went to a processing plant in the last 12 monthsShare of PRESTON E17E gas by disposition code each month, Sep 2023 to Aug 2026. 97% 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 Aug 2026.

  • Processing plant (3)

    97% · 259,795 mcf

  • Lease fuel (1)

    2.8% · 7,515 mcf

  • Flared (4)

    0.1% · 211 mcf

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

1 well on this lease

Wells on PRESTON E17E
API numberWellStatusCompleted
42-329-43933Preston E17e 105HActiveApr 11, 2021

SourceTexas Railroad Commission production records and full wellbore file.

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 gasBuys100Oct 1, 2022–
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Oct 1, 2022–
Targa Midland LLCCasinghead gasGathers100Apr 11, 2021Oct 1, 2022
Targa Midland LLCCasinghead gasBuys100Apr 11, 2021Oct 1, 2022
Plains Pipeline L.p.OilGathers90Apr 11, 2021Oct 1, 2022
Sentinel Transportation, LLCOilGathers10Apr 11, 2021Oct 1, 2022

SourceRailroad Commission Form P-4 file, Oct 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 E17e
API numberWell no.Acreson the permit
42-329-43933105H1,442.50

SourceRailroad Commission drilling permits, Oct 31, 2026 (source 1, source 2).

Unit decimal checker

On the Midland County roll

Midland Central Appraisal District

2026 roll
Owners
201
Accounts
201

Each square is one account

  • Royalty200
  • Working interest1

SourceMidland Central Appraisal District, 2026 mineral roll (source), read Sep 29, 2026. Accounts matched to this lease by RRC number or lease name; no owner is named.

Estimate your royalty

36 months, newest first

Ledger for PRESTON E17E
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Aug 20261,1101,10922,13921,44157$83.90$2.78
Jul 20261,0361,03619,44618,90715$80.46$2.89
Jun 202698398319,50518,9851$84.81$3.15
May 20261,1681,16823,73823,1030$102.13$2.94
Apr 20261,0261,02622,44621,8501$100.32$2.77
Mar 20261,2611,26123,56622,9650$91.38$3.04
Feb 20261,1071,10721,51020,95222$64.51$3.62
Jan 20261,1271,12722,60021,98876$60.04$7.72
Dec 20251,5531,55328,02627,3700$57.97$4.26
Nov 20251,3791,38021,76021,0010$60.06$3.79
Oct 20251,3461,34723,58722,73625$60.89$3.19
Sep 20251,0241,02719,19818,49714$63.96$2.97
Aug 20251,4401,43630,73429,9001$64.86$2.91
Jul 20251,5581,55729,84829,0490$68.39$3.20
Jun 20251,5841,58529,39628,6224$68.17$3.02
May 20251,8881,88826,62025,94412$62.17$3.12
Apr 20251,8061,80523,00122,38022$63.54$3.42
Mar 20251,5551,55621,73421,1031$68.24$4.12
Feb 20251,8701,87222,33421,5721$71.53$4.19
Jan 20252,6222,62426,22125,4061$75.74$4.13
Dec 20242,1932,19224,50323,73422$70.12$3.01
Nov 20242,3032,30222,86822,1975$69.95$2.12
Oct 20242,3022,30219,64119,0451$71.99$2.20
Sep 20241,8341,83420,96220,24113$70.24$2.28
Aug 20241,6731,67428,05427,09498$76.68$1.99
Jul 20242,1152,11733,33032,4992$81.80$2.07
Jun 20241,7971,79835,04034,1383$79.77$2.54
May 20242,2922,28836,60435,5425$80.02$2.12
Apr 20242,4052,41143,11941,88238$85.35$1.60
Mar 20244,3714,37214,74114,3035$81.28$1.49
Feb 20243,4983,49521,90621,2521$77.25$1.72
Jan 20243,0383,03625,40724,68113$74.15$3.18
Dec 20234,0224,02023,36122,6590$71.90$2.52
Nov 20233,1233,12729,70328,80950$77.69$2.71
Oct 20233,0473,04519,82019,21881$85.64$2.98
Sep 20232,7602,76015,46715,0595$89.43$2.64

SourceTexas Railroad Commission Production Data Query, through Aug 2026. Prices: EIA, through Oct 2026. Updated Oct 30, 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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