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Producing

PRESTON-FREEMAN 15I

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

1 well

32,092bbl oil, last 12 months−45% vs prior year
Operator
Pioneer Natural Res. USA, Inc.
County
Midland County
Field
Spraberry (Trend Area)
RRC lease
08-58463

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
161,300 mcf
Oil in Jul 2026
1,362 bbl

Production by month

Oil output fell 45% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 45% over the last 12 monthsMonthly oil production and gas for PRESTON-FREEMAN 15I, Aug 2023 to Jul 2026. Oil output fell 45% over the last 12 months. 32,092 bbl in the 12 months through Jul 2026, against 58,622 bbl in the 12 months before.Last 12 months: 32,092 bblbbl per monthmcf per month005,00010k10k20k15k30k20k40k25k50kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 45% over the last 12 monthsMonthly oil production and gas for PRESTON-FREEMAN 15I, Aug 2023 to Jul 2026. Oil output fell 45% over the last 12 months. 32,092 bbl in the 12 months through Jul 2026, against 58,622 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005,00010k10k20k15k30k20k40k25k50kJan 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 4.5% 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 15I 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 4.5% of the gas in Feb 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 4.5%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Over 99% of the gas went to a processing plant in the last 12 monthsShare of PRESTON-FREEMAN 15I 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 4.5% of the gas in Feb 2024.Share of gas by disposition code0%50%100%Flared 4.5%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    100% · 160,964 mcf

  • Lease fuel (1)

    0.2% · 266 mcf

  • Flared (4)

    0.0% · 70 mcf

1 well on this lease

Wells on PRESTON-FREEMAN 15I
API numberWell no.Status
42-329-45495109HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Plains Pipeline L.p.OilGathers80Sep 23, 2022
Plains Marketing, L.p.OilGathers20Sep 23, 2022
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100Sep 23, 2022
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Sep 23, 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 15I
API numberWell no.Acreson the permit
42-329-45495109H1,280.20

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 15I
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20261,3621,3648,7598,72918$80.46$2.89
Jun 20261,9161,91814,16414,1432$84.81$3.15
May 20262,5392,54017,64817,6231$102.13$2.94
Apr 20262,8482,84518,02818,0040$100.32$2.77
Mar 20263,1233,12416,61016,5851$91.38$3.04
Feb 20262,6572,65512,66012,61428$64.51$3.62
Jan 20261,9681,96910,08210,05314$60.04$7.72
Dec 20252,5282,5329,8609,8461$57.97$4.26
Nov 20252,6172,62212,16912,1472$60.06$3.79
Oct 20253,1323,13714,53514,4891$60.89$3.19
Sep 20253,5113,50613,79813,7672$63.96$2.97
Aug 20253,8913,88412,98712,9640$64.86$2.91
Jul 20252,6702,69010,36510,3460$68.39$3.20
Jun 20253,7613,76814,93914,9130$68.17$3.02
May 20258,7718,73925,60525,5572$62.17$3.12
Apr 20251,0371,0363,6423,6350$63.54$3.42
Mar 20254,7094,74320,54320,4871$68.24$4.12
Feb 20253,5683,54517,78417,69933$71.53$4.19
Jan 20253,9963,99916,28416,2610$75.74$4.13
Dec 20244,5164,51514,63614,6190$70.12$3.01
Nov 20245,7505,75029,76429,7292$69.95$2.12
Oct 20246,0446,04639,60639,5640$71.99$2.20
Sep 20246,2876,29233,10233,0670$70.24$2.28
Aug 20247,5137,50527,67927,542106$76.68$1.99
Jul 20247,7077,70435,37835,3400$81.80$2.07
Jun 20247,7167,72243,10043,0447$79.77$2.54
May 20248,9448,94332,64532,6011$80.02$2.12
Apr 20249,0589,09432,83232,628161$85.35$1.60
Mar 202410,16410,17729,21129,1579$81.28$1.49
Feb 202410,86010,86830,23528,7761,365$77.25$1.72
Jan 202411,69011,68926,36326,23358$74.15$3.18
Dec 202313,87013,87933,00532,9440$71.90$2.52
Nov 202315,14415,06334,41834,3468$77.69$2.71
Oct 202317,29617,38942,38342,2851$85.64$2.98
Sep 202317,15917,19942,75642,6558$89.43$2.64
Aug 202323,53623,50249,69549,6020$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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