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Producing

PRESTON-FREEMAN 15A

Preston-Freeman 15A is an oil lease in Midland County, Texas, operated by Pioneer Natural Res. USA, Inc. in the Spraberry (Trend Area) field.

1 well

45,984bbl oil, last 12 months−51% vs prior year
Operator
Pioneer Natural Res. USA, Inc.
County
Midland County
Field
Spraberry (Trend Area)
RRC lease
08-58424

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
216,996 mcf
Oil in Jul 2026
2,966 bbl

Production by month

Oil output fell 51% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 51% over the last 12 monthsMonthly oil production and gas for PRESTON-FREEMAN 15A, Aug 2023 to Jul 2026. Oil output fell 51% over the last 12 months. 45,984 bbl in the 12 months through Jul 2026, against 93,176 bbl in the 12 months before.Last 12 months: 45,984 bblbbl per monthmcf per month005,00010k10k20k15k30k20k40kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 51% over the last 12 monthsMonthly oil production and gas for PRESTON-FREEMAN 15A, Aug 2023 to Jul 2026. Oil output fell 51% over the last 12 months. 45,984 bbl in the 12 months through Jul 2026, against 93,176 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005,00010k10k20k15k30k20k40kJan 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

Flaring peaked at 4.1% of the gas in Feb 2024.

  • 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-FREEMAN 15A 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. Flaring peaked at 4.1% of the gas in Feb 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 4.1%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Over 99% of the gas went to a processing plant in the last 12 monthsShare of PRESTON-FREEMAN 15A 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. Flaring peaked at 4.1% of the gas in Feb 2024.Share of gas by disposition code0%50%100%Flared 4.1%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    100% · 238,114 mcf

  • Lease fuel (1)

    0.2% · 393 mcf

  • Flared (4)

    0.0% · 75 mcf

1 well on this lease

Wells on PRESTON-FREEMAN 15A
API numberWell no.Status
42-329-45487101HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Plains Pipeline L.p.OilGathers100Aug 22, 2022
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100Aug 22, 2022
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Aug 22, 2022

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

Who buys my oilOil price check

1,280.10 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-Freeman 15A
API numberWell no.Acreson the permit
42-329-45487101H1,280.10

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

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for PRESTON-FREEMAN 15A
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20262,9662,96820,54220,47241$80.46$2.89
Jun 20263,3563,35618,76818,7412$84.81$3.15
May 20263,2483,25218,69818,6711$102.13$2.94
Apr 20264,5504,55225,37325,3390$100.32$2.77
Mar 20268,3798,36229,05529,0122$91.38$3.04
Feb 202605000$64.51$3.62
Jan 20262,1132,11912,73812,70018$60.04$7.72
Dec 20254,1694,17419,43119,4042$57.97$4.26
Nov 20254,3514,35317,71417,6813$60.06$3.79
Oct 20253,7493,75616,29616,2442$60.89$3.19
Sep 20254,3314,32418,08018,0393$63.96$2.97
Aug 20254,7724,77020,30120,2641$64.86$2.91
Jul 20255,3995,42321,58621,5470$68.39$3.20
Jun 20255,4765,45922,87222,8320$68.17$3.02
May 20255,7485,74123,41322,4772$62.17$3.12
Apr 20255,9935,99022,50121,4642$63.54$3.42
Mar 20257,1287,16321,49420,4161$68.24$4.12
Feb 20254,8084,78615,16614,53527$71.53$4.19
Jan 20257,8537,86029,88629,4770$75.74$4.13
Dec 20249,1719,16233,35332,5030$70.12$3.01
Nov 20249,4379,43836,52035,5762$69.95$2.12
Oct 202410,58010,59031,62230,7720$71.99$2.20
Sep 202412,60812,59933,50932,5630$70.24$2.28
Aug 20248,9758,96515,45014,40854$76.68$1.99
Jul 20248,3738,3695,9615,8160$81.80$2.07
Jun 20248,4518,4557,4707,2671$79.77$2.54
May 20248,6708,67015,31614,8180$80.02$2.12
Apr 20249,2929,32915,43314,83671$85.35$1.60
Mar 202410,45910,46513,27412,8484$81.28$1.49
Feb 20249,8209,8219,3378,431386$77.25$1.72
Jan 20249,6539,66314,54013,85129$74.15$3.18
Dec 202313,48613,48718,88618,2290$71.90$2.52
Nov 202313,14313,07210,93410,6282$77.69$2.71
Oct 20239,9069,9766,1975,9940$85.64$2.98
Sep 202312,79912,8343,0312,9600$89.43$2.64
Aug 202318,51618,4809,0578,8060$81.39$2.58

Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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Nearby

This lease belongs to

OperatorPioneer Natural Res. USA, Inc.FieldSpraberry (Trend Area)CountyMidland County

Pioneer Natural Res. USA, Inc. in Midland County

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Spraberry (Trend Area) field

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