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Texas oil lease

Producing

PRESTON S31Q

Preston S31q is an oil lease in Midland County, Texas, operated by Pioneer Natural Res. USA, Inc. in the Spraberry (Trend Area) field.

1 well

17,893bbl oil, last 12 months−27% vs prior year
Operator
Pioneer Natural Res. USA, Inc.
County
Midland County
Field
Spraberry (Trend Area)
RRC lease
08-55950

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
92,424 mcf
Oil in Jul 2026
1,336 bbl

Production by month

Oil output fell 27% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 27% over the last 12 monthsMonthly oil production and gas for PRESTON S31Q, Aug 2023 to Jul 2026. Oil output fell 27% over the last 12 months. 17,893 bbl in the 12 months through Jul 2026, against 24,669 bbl in the 12 months before.Last 12 months: 17,893 bblbbl per monthmcf per month001,00010k2,00020k3,00030k4,00040k5,00050kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 27% over the last 12 monthsMonthly oil production and gas for PRESTON S31Q, Aug 2023 to Jul 2026. Oil output fell 27% over the last 12 months. 17,893 bbl in the 12 months through Jul 2026, against 24,669 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

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 S31Q 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 S31Q 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% · 88,541 mcf

  • Lease fuel (1)

    4.1% · 3,775 mcf

  • Flared (4)

    0.1% · 108 mcf

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

1 well on this lease

Wells on PRESTON S31Q
API numberWell no.Status
42-329-44471117HActive

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 gasBuys100Mar 10, 2021–
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Mar 10, 2021–
Oasis Transp & Marketing Corp.OilGathers25Feb 1, 2022Jul 1, 2024
Plains Pipeline L.p.OilGathers75Feb 1, 2022Jul 1, 2024
Pilot Travel Centers LLCOilGathers10Mar 10, 2021Feb 1, 2022
Plains Pipeline L.p.OilGathers90Mar 10, 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 S31q
API numberWell no.Acreson the permit
42-329-44471117H80

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

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for PRESTON S31Q
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20261,3361,3628,6608,2266$80.46$2.89
Jun 20261,3401,3558,1587,7900$84.81$3.15
May 20261,8761,8387,2506,9560$102.13$2.94
Apr 20261,6971,6808,0637,7020$100.32$2.77
Mar 20261,2701,2805,8325,5944$91.38$3.04
Feb 20261,3091,3196,6926,36670$64.51$3.62
Jan 20261,4001,3875,9985,7290$60.04$7.72
Dec 20251,7751,7968,7398,4010$57.97$4.26
Nov 20259819736,3616,08624$60.06$3.79
Oct 20251,7621,7518,7208,4040$60.89$3.19
Sep 20251,4931,4898,3438,0324$63.96$2.97
Aug 20251,6541,6659,6089,2550$64.86$2.91
Jul 20251,9401,9319,7139,3510$68.39$3.20
Jun 20251,8341,8478,8188,4980$68.17$3.02
May 20251,8241,8229,0118,6924$62.17$3.12
Apr 20252,0382,0348,3178,0220$63.54$3.42
Mar 20252,0232,0297,2646,9950$68.24$4.12
Feb 20252,0802,0907,0646,8130$71.53$4.19
Jan 20252,2022,1937,7627,4660$75.74$4.13
Dec 20242,6172,6138,6528,2860$70.12$3.01
Nov 20241,9961,99913,64413,0530$69.95$2.12
Oct 20242,1952,18410,3739,9560$71.99$2.20
Sep 20242,2482,2375,1614,9570$70.24$2.28
Aug 20241,6721,6533,5533,4200$76.68$1.99
Jul 20248538551,8291,7570$81.80$2.07
Jun 20241,0081,0041,0751,0340$79.77$2.54
May 20249899832592430$80.02$2.12
Apr 202456956388880$85.35$1.60
Mar 20244654621261260$81.28$1.49
Feb 202429629665650$77.25$1.72
Jan 20242882882,5741,9600$74.15$3.18
Dec 20232862917366570$71.90$2.52
Nov 20235135448,4686,0940$77.69$2.71
Oct 20231,9051,92621,32620,50710$85.64$2.98
Sep 20233,6963,71136,36235,6081$89.43$2.64
Aug 20234,5124,49435,63535,28418$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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