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Producing

PRESTON N31N

Preston N31n is an oil lease in Midland County, Texas, operated by Pioneer Natural Res. USA, Inc. in the Spraberry (Trend Area) field.

1 well

8,846bbl oil, last 12 months−16% vs prior year
Operator
Pioneer Natural Res. USA, Inc.
County
Midland County
Field
Spraberry (Trend Area)
RRC lease
08-56462

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
225,398 mcf
Oil in Jul 2026
524 bbl

Production by month

Oil output fell 16% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 16% over the last 12 monthsMonthly oil production and gas for PRESTON N31N, Aug 2023 to Jul 2026. Oil output fell 16% over the last 12 months. 8,846 bbl in the 12 months through Jul 2026, against 10,548 bbl in the 12 months before.Last 12 months: 8,846 bblbbl per monthmcf per month0050010k1,00020k1,50030k2,00040kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 16% over the last 12 monthsMonthly oil production and gas for PRESTON N31N, Aug 2023 to Jul 2026. Oil output fell 16% over the last 12 months. 8,846 bbl in the 12 months through Jul 2026, against 10,548 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0050010k1,00020k1,50030k2,00040kJan 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

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
96% of the gas went to a processing plant in the last 12 monthsShare of PRESTON N31N 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.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
96% of the gas went to a processing plant in the last 12 monthsShare of PRESTON N31N 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.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    96% · 215,567 mcf

  • Lease fuel (1)

    4.2% · 9,498 mcf

  • Flared (4)

    0.1% · 333 mcf

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

1 well on this lease

Wells on PRESTON N31N
API numberWell no.Status
42-329-4277214HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Anchor Crude Marketing, LLCOilGathers50Jul 1, 2024–
Plains Pipeline L.p.OilGathers50Jul 1, 2024–
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100Oct 10, 2021–
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Oct 10, 2021–
Oasis Transp & Marketing Corp.OilGathers25Feb 1, 2022Jul 1, 2024
Plains Pipeline L.p.OilGathers75Feb 1, 2022Jul 1, 2024
Pilot Travel Centers LLCOilGathers10Oct 10, 2021Feb 1, 2022
Plains Pipeline L.p.OilGathers90Oct 10, 2021Feb 1, 2022

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

Who buys my oilOil price check

80 acres on the newest permit

  • 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 N31n
API numberWell no.Acreson the permit
42-329-4277214H80

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

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for PRESTON N31N
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202652452714,76114,00511$80.46$2.89
Jun 202640141110,49810,0140$84.81$3.15
May 202667366719,06518,2630$102.13$2.94
Apr 202680681220,34419,3850$100.32$2.77
Mar 20261,0171,01425,99824,90020$91.38$3.04
Feb 202678479021,70620,621234$64.51$3.62
Jan 202682681518,43517,5522$60.04$7.72
Dec 202595696920,84919,9760$57.97$4.26
Nov 202555155414,68614,02856$60.06$3.79
Oct 20251,1841,16223,61622,7340$60.89$3.19
Sep 202558357818,28217,58210$63.96$2.97
Aug 202554154817,15816,5070$64.86$2.91
Jul 202575876317,53316,8610$68.39$3.20
Jun 20251,0111,01821,78120,9680$68.17$3.02
May 20251,0041,00423,26822,42211$62.17$3.12
Apr 20251,1641,16422,52521,7030$63.54$3.42
Mar 202567066221,26220,4380$68.24$4.12
Feb 202589689723,34422,4780$71.53$4.19
Jan 202585284021,36120,5040$75.74$4.13
Dec 202463464417,82417,0330$70.12$3.01
Nov 202486086320,77119,8480$69.95$2.12
Oct 20241,0181,01025,89024,8050$71.99$2.20
Sep 202490590325,54724,4880$70.24$2.28
Aug 202477677626,24125,1822$76.68$1.99
Jul 202472772827,87226,6914$81.80$2.07
Jun 202482883329,25328,0021$79.77$2.54
May 20241,2371,24832,58231,17329$80.02$2.12
Apr 20241,3771,36733,11231,7230$85.35$1.60
Mar 20241,5601,55726,25325,1740$81.28$1.49
Feb 20241,3001,29817,43116,68823$77.25$1.72
Jan 20241,0731,07716,21815,6050$74.15$3.18
Dec 20231,3121,31118,53317,8070$71.90$2.52
Nov 20231,2081,21324,16623,2250$77.69$2.71
Oct 20231,3531,34731,75130,46815$85.64$2.98
Sep 20231,3821,38733,23031,9671$89.43$2.64
Aug 20231,6681,66434,32733,04917$81.39$2.58

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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