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Producing

PRESTON-FREEMAN 15D

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

1 well

31,630bbl oil, last 12 months−6% vs prior year
Operator
Pioneer Natural Res. USA, Inc.
County
Midland County
Field
Spraberry (Trend Area)
RRC lease
08-58474

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
160,724 mcf
Oil in Jul 2026
2,621 bbl

Production by month

Oil output fell 6% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 6% over the last 12 monthsMonthly oil production and gas for PRESTON-FREEMAN 15D, Aug 2023 to Jul 2026. Oil output fell 6% over the last 12 months. 31,630 bbl in the 12 months through Jul 2026, against 33,823 bbl in the 12 months before.Last 12 months: 31,630 bblbbl per monthmcf per month005,00020k10k40k15k60k20k80kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 6% over the last 12 monthsMonthly oil production and gas for PRESTON-FREEMAN 15D, Aug 2023 to Jul 2026. Oil output fell 6% over the last 12 months. 31,630 bbl in the 12 months through Jul 2026, against 33,823 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

96% 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)
96% of the gas went to a processing plant in the last 12 monthsShare of PRESTON-FREEMAN 15D gas by disposition code each month, Aug 2023 to Jul 2026. 96% 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
96% of the gas went to a processing plant in the last 12 monthsShare of PRESTON-FREEMAN 15D gas by disposition code each month, Aug 2023 to Jul 2026. 96% 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)

    96% · 154,566 mcf

  • Lease fuel (1)

    3.8% · 6,062 mcf

  • Flared (4)

    0.1% · 96 mcf

0.1% of the gas flared in the last 12 months. One month above 3%.

1 well on this lease

Wells on PRESTON-FREEMAN 15D
API numberWell no.Status
42-329-45490104HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Plains Pipeline L.p.OilGathers80Oct 15, 2022
Plains Marketing, L.p.OilGathers20Oct 15, 2022
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100Oct 15, 2022
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Oct 15, 2022

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

Who buys my oilOil price check

1,280.20 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 15D
API numberWell no.Acreson the permit
42-329-45490104H1,280.20

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

Unit decimal checker

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36 months, newest first

Ledger for PRESTON-FREEMAN 15D
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20262,6212,62126,87625,77152$80.46$2.89
Jun 20262,7082,71025,51624,5143$84.81$3.15
May 20263,0963,09526,23925,2071$102.13$2.94
Apr 20262,9782,97722,41221,7150$100.32$2.77
Mar 20264,1274,12616,72416,1651$91.38$3.04
Feb 20262,7382,73710,2999,92722$64.51$3.62
Jan 20262,2722,27210,99810,61515$60.04$7.72
Dec 20252,2342,2345,4375,1631$57.97$4.26
Nov 20251,5891,5943,2273,0610$60.06$3.79
Oct 20252,1852,1914,5314,3040$60.89$3.19
Sep 20252,9602,9515,2705,0471$63.96$2.97
Aug 20252,1222,1203,1953,0770$64.86$2.91
Jul 20251,9351,9442,6252,5240$68.39$3.20
Jun 20252,0592,0522,4312,3420$68.17$3.02
May 20252,1252,1212,2542,1730$62.17$3.12
Apr 20251,5371,53632,08326,2492$63.54$3.42
Mar 20256076121,1109840$68.24$4.12
Feb 20258308285,7145,36510$71.53$4.19
Jan 20251,8271,83514,15413,6850$75.74$4.13
Dec 20243,9003,89724,88624,1340$70.12$3.01
Nov 20244,1984,19820,46819,8362$69.95$2.12
Oct 20244,7834,78523,80623,0820$71.99$2.20
Sep 20244,8314,83323,50722,8750$70.24$2.28
Aug 20245,1915,18623,39522,63787$76.68$1.99
Jul 20245,5035,50221,60821,0330$81.80$2.07
Jun 20246,4436,44729,90429,0284$79.77$2.54
May 20246,7716,77036,28335,0651$80.02$2.12
Apr 20246,8376,86824,35623,390115$85.35$1.60
Mar 20248,5488,52717,17416,6065$81.28$1.49
Feb 20243,6043,6283,7453,380155$77.25$1.72
Jan 20247,3687,37030,83929,32466$74.15$3.18
Dec 20239,2379,24540,94239,4700$71.90$2.52
Nov 202310,47210,41644,74643,40810$77.69$2.71
Oct 20238,3418,39954,71852,7071$85.64$2.98
Sep 202310,66310,69437,59336,2536$89.43$2.64
Aug 202315,77315,74155,92354,1280$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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