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Producing

PRESTON S31P

Preston S31p is an oil lease in Midland County, Texas, operated by Pioneer Natural Res. USA, Inc. in the Spraberry (Trend Area) field.

1 well

7,842bbl oil, last 12 months−58% vs prior year
Operator
Pioneer Natural Res. USA, Inc.
County
Midland County
Field
Spraberry (Trend Area)
RRC lease
08-56221

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
261,285 mcf
Oil in Jul 2026
838 bbl

Production by month

Oil output fell 58% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 58% over the last 12 monthsMonthly oil production and gas for PRESTON S31P, Aug 2023 to Jul 2026. Oil output fell 58% over the last 12 months. 7,842 bbl in the 12 months through Jul 2026, against 18,792 bbl in the 12 months before.Last 12 months: 7,842 bblbbl per monthmcf per month001,00010k2,00020k3,00030k4,00040kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 58% over the last 12 monthsMonthly oil production and gas for PRESTON S31P, Aug 2023 to Jul 2026. Oil output fell 58% over the last 12 months. 7,842 bbl in the 12 months through Jul 2026, against 18,792 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001,00010k2,00020k3,00030k4,00040kJan 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 S31P 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 S31P 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% · 249,794 mcf

  • Lease fuel (1)

    4.2% · 11,094 mcf

  • Flared (4)

    0.2% · 397 mcf

0.2% of the gas flared in the last 12 months. No month above 3%.

1 well on this lease

Wells on PRESTON S31P
API numberWell no.Status
42-329-42832116HActive

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 gasBuys100May 2, 2021–
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100May 2, 2021–
Oasis Transp & Marketing Corp.OilGathers25Feb 1, 2022Jul 1, 2024
Plains Pipeline L.p.OilGathers75Feb 1, 2022Jul 1, 2024
Pilot Travel Centers LLCOilGathers10May 2, 2021Feb 1, 2022
Plains Pipeline L.p.OilGathers90May 2, 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 S31p
API numberWell no.Acreson the permit
42-329-42832116H80

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

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for PRESTON S31P
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202683881920,47719,42915$80.46$2.89
Jun 202627828814,85214,1650$84.81$3.15
May 202651652118,15517,3900$102.13$2.94
Apr 202691691922,88821,8090$100.32$2.77
Mar 20261,0151,00024,25323,22919$91.38$3.04
Feb 202649849524,67723,440267$64.51$3.62
Jan 202637536923,21022,0882$60.04$7.72
Dec 202540442123,15022,1670$57.97$4.26
Nov 202538438921,02520,07781$60.06$3.79
Oct 202591891523,40322,5270$60.89$3.19
Sep 202585384823,68522,77813$63.96$2.97
Aug 202584785321,51020,6950$64.86$2.91
Jul 20251,0041,00527,57126,5120$68.39$3.20
Jun 20251,1471,15628,44027,3770$68.17$3.02
May 20251,1771,17428,34027,30814$62.17$3.12
Apr 20251,2861,28427,85126,8340$63.54$3.42
Mar 20251,2941,29326,70725,6750$68.24$4.12
Feb 20251,1451,15619,75619,0260$71.53$4.19
Jan 20251,3911,39220,24519,4380$75.74$4.13
Dec 20241,9171,92424,33323,2610$70.12$3.01
Nov 20241,8121,82822,86021,8540$69.95$2.12
Oct 20242,4482,42929,69328,4610$71.99$2.20
Sep 20242,1662,16530,70729,4400$70.24$2.28
Aug 20242,0052,01730,62629,3982$76.68$1.99
Jul 20242,3482,33632,41031,0475$81.80$2.07
Jun 20242,0322,03031,21129,8812$79.77$2.54
May 20242,3192,33230,53229,21627$80.02$2.12
Apr 20242,3592,32531,07229,7760$85.35$1.60
Mar 20241,6081,60335,58234,1130$81.28$1.49
Feb 20241,2441,24832,61131,21043$77.25$1.72
Jan 20241,3341,34528,95227,8511$74.15$3.18
Dec 20231,9191,92230,34029,1500$71.90$2.52
Nov 20231,9611,96527,28726,2300$77.69$2.71
Oct 20232,0432,03728,25327,11713$85.64$2.98
Sep 20232,2482,25328,54227,4621$89.43$2.64
Aug 20232,5432,53231,38230,21816$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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