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Producing

PRESTON S31H

Preston S31h 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

3,707bbl oil, last 12 months−34% vs prior year
Operator
Pioneer Natural Res. USA, Inc.
County
Midland County
Field
Spraberry (Trend Area) R 40 Exc
RRC lease
08-49546

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
246,727 mcf
Oil in Jul 2026
508 bbl

Production by month

Oil output fell 34% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 34% over the last 12 monthsMonthly oil production and gas for PRESTON S31H, Aug 2023 to Jul 2026. Oil output fell 34% over the last 12 months. 3,707 bbl in the 12 months through Jul 2026, against 5,614 bbl in the 12 months before.Last 12 months: 3,707 bblbbl per monthmcf per month0025010k50020k75030k1,00040kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 34% over the last 12 monthsMonthly oil production and gas for PRESTON S31H, Aug 2023 to Jul 2026. Oil output fell 34% over the last 12 months. 3,707 bbl in the 12 months through Jul 2026, against 5,614 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0025010k50020k75030k1,00040kJan 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 S31H 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 S31H 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% · 235,774 mcf

  • Lease fuel (1)

    4.3% · 10,676 mcf

  • Flared (4)

    0.1% · 277 mcf

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

1 well on this lease

Wells on PRESTON S31H
API numberWell no.Status
42-329-41559108HActive

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 9, 2017–
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100May 9, 2017–
Oasis Transp & Marketing Corp.OilGathers15Feb 1, 2022Jul 1, 2024
Plains Marketing, L.p.OilGathers15Feb 1, 2022Jul 1, 2024
Plains Pipeline L.p.OilGathers55Feb 1, 2022Jul 1, 2024
Ricky Shuler Trucking INCOilGathers15Feb 1, 2022Jul 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 S31h
API numberWell no.Acreson the permit
42-329-41559108H3,207.10

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

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for PRESTON S31H
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202650851736,83834,94427$80.46$2.89
Jun 202649849335,30133,6660$84.81$3.15
May 202650748435,00533,5270$102.13$2.94
Apr 202689975,6475,3790$100.32$2.77
Mar 202633633321,68120,76217$91.38$3.04
Feb 202620620817,08116,224185$64.51$3.62
Jan 202621521414,12813,4451$60.04$7.72
Dec 202530831115,80215,1320$57.97$4.26
Nov 20251591599,6599,22437$60.06$3.79
Oct 202532632417,89917,2260$60.89$3.19
Sep 202527527318,20217,50310$63.96$2.97
Aug 202528028419,48418,7420$64.86$2.91
Jul 202539939821,50820,6790$68.39$3.20
Jun 202541541723,00522,1420$68.17$3.02
May 202537136921,34020,56110$62.17$3.12
Apr 202536136220,41119,6630$63.54$3.42
Mar 202540941721,12920,3090$68.24$4.12
Feb 202565965821,09220,3090$71.53$4.19
Jan 202557957229,44928,2630$75.74$4.13
Dec 202448948925,73624,5900$70.12$3.01
Nov 202439439718,78817,9490$69.95$2.12
Oct 202451551322,54221,5940$71.99$2.20
Sep 202456656417,72916,9940$70.24$2.28
Aug 202445746015,23914,6241$76.68$1.99
Jul 202452051816,41615,7213$81.80$2.07
Jun 202448548518,13317,3571$79.77$2.54
May 202457257418,27917,48816$80.02$2.12
Apr 202453553016,04915,3750$85.35$1.60
Mar 202453153116,54015,8550$81.28$1.49
Feb 202452452713,97813,37719$77.25$1.72
Jan 202458958913,87713,3490$74.15$3.18
Dec 202361461616,16815,5300$71.90$2.52
Nov 202367868119,93619,1570$77.69$2.71
Oct 202377977824,49223,50012$85.64$2.98
Sep 202390890723,74022,8371$89.43$2.64
Aug 202388487824,76423,83913$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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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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