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Texas oil lease

Producing

PRESTON S31N

Preston S31n is an oil lease in Midland County, Texas, operated by Pioneer Natural Res. USA, Inc. in the Spraberry (Trend Area) field.

1 well

11,575bbl oil, last 12 months+5% vs prior year
RRC lease
08-56181

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
264,407 mcf
Oil in Jul 2026
736 bbl

Production by month

Oil output rose 5% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 5% over the last 12 monthsMonthly oil production and gas for PRESTON S31N, Aug 2023 to Jul 2026. Oil output rose 5% over the last 12 months. 11,575 bbl in the 12 months through Jul 2026, against 11,059 bbl in the 12 months before.Last 12 months: 11,575 bblbbl per monthmcf per month0050010k1,00020k1,50030k2,00040k2,50050kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 5% over the last 12 monthsMonthly oil production and gas for PRESTON S31N, Aug 2023 to Jul 2026. Oil output rose 5% over the last 12 months. 11,575 bbl in the 12 months through Jul 2026, against 11,059 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0050010k1,00020k1,50030k2,00040k2,50050kJan 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 S31N 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 S31N 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% · 252,965 mcf

  • Lease fuel (1)

    4.2% · 11,100 mcf

  • Flared (4)

    0.1% · 342 mcf

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

1 well on this lease

Wells on PRESTON S31N
API numberWell no.Status
42-329-42831114HActive

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 gasBuys100Apr 18, 2021–
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Apr 18, 2021–
Oasis Transp & Marketing Corp.OilGathers25Feb 1, 2022Jul 1, 2024
Plains Pipeline L.p.OilGathers75Feb 1, 2022Jul 1, 2024
Pilot Travel Centers LLCOilGathers10Apr 18, 2021Feb 1, 2022
Plains Pipeline L.p.OilGathers90Apr 18, 2021Feb 1, 2022

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

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 S31n
API numberWell no.Acreson the permit
42-329-42831114H80

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

Estimate your royalty

36 months, newest first

Ledger for PRESTON S31N
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202673675019,58918,58614$80.46$2.89
Jun 202672172018,77617,9100$84.81$3.15
May 202685084120,48119,6200$102.13$2.94
Apr 20261,0031,01419,40718,4960$100.32$2.77
Mar 20261,3601,35023,06422,09318$91.38$3.04
Feb 202689890020,94319,897226$64.51$3.62
Jan 202682982218,27317,3982$60.04$7.72
Dec 20251,1121,12624,45823,4330$57.97$4.26
Nov 202562162117,78816,99168$60.06$3.79
Oct 20251,2501,24429,18728,0950$60.89$3.19
Sep 20251,1221,11425,70624,72314$63.96$2.97
Aug 20251,0731,08126,73525,7230$64.86$2.91
Jul 20251,2631,26027,84226,7750$68.39$3.20
Jun 20251,3241,33727,69426,6600$68.17$3.02
May 20251,4181,41431,27830,14015$62.17$3.12
Apr 20251,5011,49735,36934,0770$63.54$3.42
Mar 20251,7301,72937,15235,7160$68.24$4.12
Feb 20251,3261,32818,65517,9670$71.53$4.19
Jan 20251,2761,2456,4516,2010$75.74$4.13
Dec 20244614511,4571,3960$70.12$3.01
Nov 202435382,0271,9360$69.95$2.12
Oct 202415315510,1779,7480$71.99$2.20
Sep 202426226415,31614,6800$70.24$2.28
Aug 202431031113,45012,9080$76.68$1.99
Jul 202436336519,41218,5883$81.80$2.07
Jun 202444244218,85718,0501$79.77$2.54
May 202455055719,41618,57617$80.02$2.12
Apr 202471771719,45218,6360$85.35$1.60
Mar 20241,0641,06621,96521,0590$81.28$1.49
Feb 20241,1461,14918,66817,87025$77.25$1.72
Jan 20241,1831,19616,65616,0270$74.15$3.18
Dec 20231,8501,85417,32216,6500$71.90$2.52
Nov 20231,9961,99426,49125,4660$77.69$2.71
Oct 20231,7791,76642,38640,67320$85.64$2.98
Sep 20231,5131,51440,62539,0801$89.43$2.64
Aug 20231,5551,55142,15540,58221$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

Pioneer Natural Res. USA, Inc. in Midland County

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Spraberry (Trend Area) field

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