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Producing

PRESTON S31O

Preston S31o is an oil lease in Midland County, Texas, operated by Pioneer Natural Res. USA, Inc. in the Spraberry (Trend Area) field.

1 well

16,906bbl oil, last 12 months−33% vs prior year
Operator
Pioneer Natural Res. USA, Inc.
County
Midland County
Field
Spraberry (Trend Area)
RRC lease
08-56063

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
101,498 mcf
Oil in Jul 2026
2,765 bbl

Production by month

Oil output fell 33% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 33% over the last 12 monthsMonthly oil production and gas for PRESTON S31O, Aug 2023 to Jul 2026. Oil output fell 33% over the last 12 months. 16,906 bbl in the 12 months through Jul 2026, against 25,265 bbl in the 12 months before.Last 12 months: 16,906 bblbbl per monthmcf per month001,00010k2,00020k3,00030k4,00040k5,00050kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 33% over the last 12 monthsMonthly oil production and gas for PRESTON S31O, Aug 2023 to Jul 2026. Oil output fell 33% over the last 12 months. 16,906 bbl in the 12 months through Jul 2026, against 25,265 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001,00010k2,00020k3,00030k4,00040k5,00050kJan 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

  • 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 S31O 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.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Over 99% of the gas went to a processing plant in the last 12 monthsShare of PRESTON S31O 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.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    100% · 101,177 mcf

  • Lease fuel (1)

    0.2% · 226 mcf

  • Flared (4)

    0.1% · 95 mcf

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

1 well on this lease

Wells on PRESTON S31O
API numberWell no.Status
42-329-44470115HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Anchor Crude Marketing, LLCOilGathers34Jul 1, 2024–
Plains Pipeline L.p.OilGathers33Jul 1, 2024–
Sentinel Transportation, LLCOilGathers33Jul 1, 2024–
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100Mar 23, 2021–
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Mar 23, 2021–
Oasis Transp & Marketing Corp.OilGathers25Feb 1, 2022Jul 1, 2024
Plains Pipeline L.p.OilGathers50Feb 1, 2022Jul 1, 2024
Sentinel Transportation, LLCOilGathers25Feb 1, 2022Jul 1, 2024
Plains Pipeline L.p.OilGathers90Mar 23, 2021Feb 1, 2022
Sentinel Transportation, LLCOilGathers10Mar 23, 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 S31o
API numberWell no.Acreson the permit
42-329-44470115H80

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

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for PRESTON S31O
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20262,7652,83114,41714,37011$80.46$2.89
Jun 20262,9552,95311,21911,1940$84.81$3.15
May 20263,4923,34410,94910,9270$102.13$2.94
Apr 20269799487,8857,8660$100.32$2.77
Mar 2026851056426401$91.38$3.04
Feb 20265695875,0865,02056$64.51$3.62
Jan 20269199107,4337,4131$60.04$7.72
Dec 20251,1491,1528,1818,1640$57.97$4.26
Nov 20254854944,9724,93820$60.06$3.79
Oct 20251,2251,2239,1469,1280$60.89$3.19
Sep 20251,1991,18811,14911,1206$63.96$2.97
Aug 20251,0841,09610,41910,3970$64.86$2.91
Jul 20251,4341,43213,27213,2460$68.39$3.20
Jun 20251,5321,55413,49613,4700$68.17$3.02
May 20251,8491,85016,51916,4808$62.17$3.12
Apr 20252,1852,19116,96816,9360$63.54$3.42
Mar 20252,4162,36918,07918,0440$68.24$4.12
Feb 20257948476,6576,6440$71.53$4.19
Jan 20252,3092,30316,64116,6070$75.74$4.13
Dec 20242,8872,89519,25819,2150$70.12$3.01
Nov 20242,6222,62223,56723,5140$69.95$2.12
Oct 20242,7522,73826,87826,8240$71.99$2.20
Sep 20242,7512,72919,78119,7430$70.24$2.28
Aug 20241,7341,75521,65421,6082$76.68$1.99
Jul 20242,4262,44121,66521,6203$81.80$2.07
Jun 20243,2193,21619,21219,1731$79.77$2.54
May 20243,6933,72422,84421,67520$80.02$2.12
Apr 20244,1374,09827,18022,6920$85.35$1.60
Mar 20243,9993,98829,89825,4580$81.28$1.49
Feb 20243,1513,14531,66022,85231$77.25$1.72
Jan 20242,5532,57330,01923,6651$74.15$3.18
Dec 20233,6373,64028,98626,6510$71.90$2.52
Nov 20233,6663,68132,23024,1910$77.69$2.71
Oct 20234,1194,10627,81326,75513$85.64$2.98
Sep 20234,4204,42136,06935,3231$89.43$2.64
Aug 20234,4774,46436,78036,41719$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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