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Producing

PRESTON S31G

Preston S31g is an oil lease in Midland County, Texas, operated by Pioneer Natural Res. USA, Inc. in the Spraberry (Trend Area) R 40 Exc field.

1 well

4,893bbl oil, last 12 months−19% vs prior year
Operator
Pioneer Natural Res. USA, Inc.
County
Midland County
Field
Spraberry (Trend Area) R 40 Exc
RRC lease
08-49126

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
133,765 mcf
Oil in Jul 2026
314 bbl

Production by month

Oil output fell 19% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 19% over the last 12 monthsMonthly oil production and gas for PRESTON S31G, Aug 2023 to Jul 2026. Oil output fell 19% over the last 12 months. 4,893 bbl in the 12 months through Jul 2026, against 6,019 bbl in the 12 months before.Last 12 months: 4,893 bblbbl per monthmcf per month002505,00050010k75015k1,00020kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 19% over the last 12 monthsMonthly oil production and gas for PRESTON S31G, Aug 2023 to Jul 2026. Oil output fell 19% over the last 12 months. 4,893 bbl in the 12 months through Jul 2026, against 6,019 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002505,00050010k75015k1,00020kJan 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 S31G 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 S31G 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% · 127,968 mcf

  • Lease fuel (1)

    4.2% · 5,666 mcf

  • Flared (4)

    0.1% · 131 mcf

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

1 well on this lease

Wells on PRESTON S31G
API numberWell no.Status
42-329-41558107HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Anchor Crude Marketing, LLCOilGathers25Jul 1, 2024–
Plains Marketing, L.p.OilGathers25Jul 1, 2024–
Plains Pipeline L.p.OilGathers25Jul 1, 2024–
Ricky Shuler Trucking INCOilGathers25Jul 1, 2024–
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100May 8, 2017–
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100May 8, 2017–
Oasis Transp & Marketing Corp.OilGathers10Feb 1, 2022Jul 1, 2024
Plains Marketing, L.p.OilGathers10Feb 1, 2022Jul 1, 2024
Plains Pipeline L.p.OilGathers70Feb 1, 2022Jul 1, 2024
Ricky Shuler Trucking INCOilGathers10May 1, 2018Jul 1, 2024
Plains Marketing, L.p.OilGathers40May 1, 2018Feb 1, 2022
Plains Pipeline L.p.OilGathers50May 1, 2018Feb 1, 2022

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

Who buys my oilOil price check

3,207.10 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 S31g
API numberWell no.Acreson the permit
42-329-41558107H3,207.10

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

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for PRESTON S31G
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202631431510,81210,2578$80.46$2.89
Jun 202622322613,51712,8910$84.81$3.15
May 20263273289,2118,8230$102.13$2.94
Apr 202650349912,96912,3580$100.32$2.77
Mar 20264264289,2018,8137$91.38$3.04
Feb 20263953986,8816,53874$64.51$3.62
Jan 20264184138,1747,7831$60.04$7.72
Dec 202549750312,10311,5950$57.97$4.26
Nov 20252692688,6308,24333$60.06$3.79
Oct 202552352214,58714,0410$60.89$3.19
Sep 202551050614,23713,6928$63.96$2.97
Aug 202548849013,44312,9340$64.86$2.91
Jul 202553553413,29812,7880$68.39$3.20
Jun 202556056614,36213,8250$68.17$3.02
May 202560460113,98113,4727$62.17$3.12
Apr 202562262113,69113,1910$63.54$3.42
Mar 202562362814,19113,6420$68.24$4.12
Feb 202573974211,46611,0430$71.53$4.19
Jan 20257617388,7388,3910$75.74$4.13
Dec 202497981,2381,1830$70.12$3.01
Nov 202491961,6831,6080$69.95$2.12
Oct 20242842885,8595,6140$71.99$2.20
Sep 20245265289,7519,3480$70.24$2.28
Aug 20245775799,8769,4800$76.68$1.99
Jul 202460660410,94510,4832$81.80$2.07
Jun 202456155910,89310,4281$79.77$2.54
May 202457857911,91211,39711$80.02$2.12
Apr 20244964938,5118,1550$85.35$1.60
Mar 202458658811,60311,1250$81.28$1.49
Feb 202467367012,82612,27717$77.25$1.72
Jan 202447748412,95712,4640$74.15$3.18
Dec 202380980416,31115,6690$71.90$2.52
Nov 202354354812,50812,0200$77.69$2.71
Oct 202373272811,11010,6635$85.64$2.98
Sep 202369669610,0389,6580$89.43$2.64
Aug 20236826799,9799,6085$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) R 40 ExcCountyMidland County

Pioneer Natural Res. USA, Inc. in Midland County

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Spraberry (Trend Area) R 40 Exc field

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