Skip to content
Royalty Clerk

Texas oil lease

Producing

PRESTON-FREEMAN 15H

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

1 well

41,648bbl oil, last 12 months−2% vs prior year
Operator
Pioneer Natural Res. USA, Inc.
County
Midland County
Field
Spraberry (Trend Area)
RRC lease
08-58599

Is your check right?

Check my statement

Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
271,071 mcf
Oil in Jul 2026
2,720 bbl

Production by month

Oil output held steady over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output held steady over the last 12 monthsMonthly oil production and gas for PRESTON-FREEMAN 15H, Aug 2023 to Jul 2026. Oil output held steady over the last 12 months. 41,648 bbl in the 12 months through Jul 2026, against 42,365 bbl in the 12 months before.Last 12 months: 41,648 bblbbl per monthmcf per month005,00025k10k50k15k75k20k100kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output held steady over the last 12 monthsMonthly oil production and gas for PRESTON-FREEMAN 15H, Aug 2023 to Jul 2026. Oil output held steady over the last 12 months. 41,648 bbl in the 12 months through Jul 2026, against 42,365 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005,00025k10k50k15k75k20k100kJan 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 4.3% 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 15H 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 4.3% of the gas in Feb 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 4.3%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
96% of the gas went to a processing plant in the last 12 monthsShare of PRESTON-FREEMAN 15H 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 4.3% of the gas in Feb 2024.Share of gas by disposition code0%50%100%Flared 4.3%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    96% · 260,445 mcf

  • Lease fuel (1)

    3.9% · 10,468 mcf

  • Flared (4)

    0.1% · 158 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 15H
API numberWell no.Status
42-329-45494108HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Plains Pipeline L.p.OilGathers80Oct 10, 2022
Plains Marketing, L.p.OilGathers20Oct 10, 2022
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100Oct 10, 2022
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Oct 10, 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 15H
API numberWell no.Acreson the permit
42-329-45494108H1,280.20

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

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for PRESTON-FREEMAN 15H
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20262,7202,72233,00131,64264$80.46$2.89
Jun 20263,3343,33539,08837,5514$84.81$3.15
May 20263,3603,35936,27334,8432$102.13$2.94
Apr 20263,2683,26633,79132,7370$100.32$2.77
Mar 20263,9523,95331,24130,1862$91.38$3.04
Feb 20263,5053,50524,32023,43353$64.51$3.62
Jan 20263,4363,43719,99419,29727$60.04$7.72
Dec 20253,8913,89518,21617,2842$57.97$4.26
Nov 20253,7563,75814,05713,3172$60.06$3.79
Oct 20253,2953,3008,4998,0691$60.89$3.19
Sep 20253,6463,6387,2556,9471$63.96$2.97
Aug 20253,4853,4825,3365,1390$64.86$2.91
Jul 20253,4683,4783,2803,1570$68.39$3.20
Jun 20252,7272,7191,7651,7040$68.17$3.02
May 20252,8982,8931,5941,5430$62.17$3.12
Apr 20252,5492,5461,3181,1130$63.54$3.42
Mar 20252,5082,51314,96313,2161$68.24$4.12
Feb 20258888909,0168,46416$71.53$4.19
Jan 20253,3383,34537,40536,1620$75.74$4.13
Dec 20244,8104,80454,13752,4950$70.12$3.01
Nov 20244,6834,68255,62253,8914$69.95$2.12
Oct 20244,6194,62058,47456,6820$71.99$2.20
Sep 20244,4434,44744,21643,0190$70.24$2.28
Aug 20245,4345,43044,38542,936166$76.68$1.99
Jul 20246,2966,29261,55659,8981$81.80$2.07
Jun 20245,8875,88754,82353,2047$79.77$2.54
May 20244,1514,15249,21947,5531$80.02$2.12
Apr 20245,1475,18150,84348,797244$85.35$1.60
Mar 20248,4678,47750,81549,07715$81.28$1.49
Feb 20248,7568,75140,00535,9701,717$77.25$1.72
Jan 20247,7417,74332,85431,24070$74.15$3.18
Dec 20239,7079,71752,03150,1560$71.90$2.52
Nov 202311,13611,07663,44561,53915$77.69$2.71
Oct 202312,17012,23185,83482,6862$85.64$2.98
Sep 202311,29611,31953,26551,3709$89.43$2.64
Aug 202314,83114,80858,66756,7800$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.

How to check your stub against this lease Checks stopped on this lease? See the likely reasons

Do your checks match this lease?

Check my statement

Nearby

This lease belongs to

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

Pioneer Natural Res. USA, Inc. in Midland County

All Pioneer Natural Res. USA, Inc. leases →

Spraberry (Trend Area) field

All leases in this field →

Leases within 10 km

Drilling permits within 10 km