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Texas oil lease

Producing

PRESTON S31R

Preston S31r is an oil lease in Midland County, Texas, operated by Pioneer Natural Res. USA, Inc. in the Spraberry (Trend Area) field.

1 well

9,184bbl oil, last 12 months−52% vs prior year
Operator
Pioneer Natural Res. USA, Inc.
County
Midland County
Field
Spraberry (Trend Area)
RRC lease
08-56308

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
228,081 mcf
Oil in Jul 2026
776 bbl

Production by month

Oil output fell 52% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 52% over the last 12 monthsMonthly oil production and gas for PRESTON S31R, Aug 2023 to Jul 2026. Oil output fell 52% over the last 12 months. 9,184 bbl in the 12 months through Jul 2026, against 19,106 bbl in the 12 months before.Last 12 months: 9,184 bblbbl per monthmcf per month001,00010k2,00020k3,00030k4,00040kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 52% over the last 12 monthsMonthly oil production and gas for PRESTON S31R, Aug 2023 to Jul 2026. Oil output fell 52% over the last 12 months. 9,184 bbl in the 12 months through Jul 2026, against 19,106 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 S31R 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 S31R 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% · 218,223 mcf

  • Lease fuel (1)

    4.2% · 9,693 mcf

  • Flared (4)

    0.1% · 165 mcf

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

1 well on this lease

Wells on PRESTON S31R
API numberWell no.Status
42-329-42833118HActive

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 16, 2021–
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100May 16, 2021–
Oasis Transp & Marketing Corp.OilGathers25Feb 1, 2022Jul 1, 2024
Plains Pipeline L.p.OilGathers75Feb 1, 2022Jul 1, 2024
Pilot Travel Centers LLCOilGathers10May 16, 2021Feb 1, 2022
Plains Pipeline L.p.OilGathers90May 16, 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 S31r
API numberWell no.Acreson the permit
42-329-42833118H80

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

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for PRESTON S31R
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202677678623,45322,25117$80.46$2.89
Jun 202668267222,17421,1500$84.81$3.15
May 202663664126,04624,9480$102.13$2.94
Apr 20261,0691,05230,15628,7330$100.32$2.77
Mar 202662061311,34410,8669$91.38$3.04
Feb 20263513535,8685,57663$64.51$3.62
Jan 20263613684,9084,6760$60.04$7.72
Dec 202582584614,88814,2670$57.97$4.26
Nov 202560960716,27515,54563$60.06$3.79
Oct 20251,1741,16925,81724,8520$60.89$3.19
Sep 20251,0481,04123,55722,65713$63.96$2.97
Aug 20251,0331,04123,59522,7020$64.86$2.91
Jul 20251,2521,25224,92723,9720$68.39$3.20
Jun 20251,3891,39724,70523,7840$68.17$3.02
May 20251,3331,33028,64227,60014$62.17$3.12
Apr 20251,4391,43829,16128,0970$63.54$3.42
Mar 20251,4831,49029,24728,1180$68.24$4.12
Feb 20251,6321,64327,36426,3530$71.53$4.19
Jan 20251,8081,79127,87626,7640$75.74$4.13
Dec 20241,7641,76828,51227,2520$70.12$3.01
Nov 20241,5851,58827,32626,1170$69.95$2.12
Oct 20241,7301,72829,45428,2250$71.99$2.20
Sep 20242,0382,03131,74530,4340$70.24$2.28
Aug 20241,6531,65930,80229,5642$76.68$1.99
Jul 20241,7961,79030,35129,0725$81.80$2.07
Jun 20241,6871,66127,39326,2261$79.77$2.54
May 202472675710,3599,9129$80.02$2.12
Apr 20241,7921,75128,62827,4310$85.35$1.60
Mar 202432232732,05930,7230$81.28$1.49
Feb 202456859631,04629,70641$77.25$1.72
Jan 20241,9171,92535,31033,9701$74.15$3.18
Dec 20232,3812,38739,25637,7150$71.90$2.52
Nov 20232,5632,55735,19433,8310$77.69$2.71
Oct 20232,1662,15832,41731,11315$85.64$2.98
Sep 20232,2202,21934,20832,9121$89.43$2.64
Aug 20232,1482,14136,75635,38819$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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