Skip to content
Royalty Clerk

Texas oil lease

Producing

PRESTON-SHACKELFORD 15E

Preston-Shackelford 15E is an oil lease in Midland County, Texas, operated by Pioneer Natural Res. USA, Inc. in the Spraberry (Trend Area) field.

1 well

119,418bbl oil, last 12 months−46% vs prior year
RRC lease
08-60382

Is your check right?

Check my statement

Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
418,882 mcf
Oil in Jul 2026
7,366 bbl

Production by month

Oil output fell 46% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 46% over the last 12 monthsMonthly oil production and gas for PRESTON-SHACKELFORD 15E, Feb 2024 to Jul 2026. Oil output fell 46% over the last 12 months. 119,418 bbl in the 12 months through Jul 2026, against 222,019 bbl in the 12 months before.Last 12 months: 119,418 bblbbl per monthmcf per month0010k20k20k40k30k60k40k80k50k100kApr 24JulOctJan 25AprJulOctJan 26AprJul
Oil output fell 46% over the last 12 monthsMonthly oil production and gas for PRESTON-SHACKELFORD 15E, Feb 2024 to Jul 2026. Oil output fell 46% over the last 12 months. 119,418 bbl in the 12 months through Jul 2026, against 222,019 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0010k20k20k40k30k60k40k80k50k100kJul 24Jan 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

Flaring peaked at 4.3% of the gas in Feb 2024.

  • 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-SHACKELFORD 15E gas by disposition code each month, Feb 2024 to Jul 2026. Over 99% of the gas went to a processing plant in the last 12 months. Flaring peaked at 4.3% of the gas in Feb 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 4.3%Apr 24JulOctJan 25AprJulOctJan 26AprJul
Over 99% of the gas went to a processing plant in the last 12 monthsShare of PRESTON-SHACKELFORD 15E gas by disposition code each month, Feb 2024 to Jul 2026. Over 99% of the gas went to a processing plant in the last 12 months. Flaring peaked at 4.3% of the gas in Feb 2024.Share of gas by disposition code0%50%100%Flared 4.3%Jul 24Jan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    100% · 417,991 mcf

  • Lease fuel (1)

    0.2% · 667 mcf

  • Flared (4)

    0.1% · 224 mcf

0.1% of the gas flared in the last 12 months. One month above 3%.

1 well on this lease

Wells on PRESTON-SHACKELFORD 15E
API numberWell no.Status
42-329-461275HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Plains Pipeline L.p.OilGathers100Aug 9, 2023
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100Aug 9, 2023
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Aug 9, 2023

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

1,037.90 acres on the newest permit

  • Worth asking

    An allocation well is on this lease

    A well drilled across several tracts shares its production by an allocation formula, so the decimal is not always your acres over the unit acres. Ask the operator for the allocation formula and the tract factor for your land.

  • 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-Shackelford 15E
API numberWell no.Acreson the permit
42-329-461275H1,037.90

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

Estimate your royalty

30 months, newest first

Ledger for PRESTON-SHACKELFORD 15E
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20267,3667,36933,38733,27367$80.46$2.89
Jun 20267,8747,87835,43135,3804$84.81$3.15
May 20268,8998,90139,86239,8062$102.13$2.94
Apr 20269,8629,84937,49737,4480$100.32$2.77
Mar 20268,9018,90932,43532,3872$91.38$3.04
Feb 202610,12210,12437,12636,99183$64.51$3.62
Jan 202610,83710,84335,08034,97948$60.04$7.72
Dec 202513,16313,17237,86937,8165$57.97$4.26
Nov 202511,57111,56427,79627,7464$60.06$3.79
Oct 20257,4337,46123,57423,5002$60.89$3.19
Sep 202510,95210,93636,35336,2706$63.96$2.97
Aug 202512,43812,41042,47242,3951$64.86$2.91
Jul 20256,7626,85342,49342,4151$68.39$3.20
Jun 202515,10515,05944,43344,3550$68.17$3.02
May 202516,24516,22741,52041,4433$62.17$3.12
Apr 202517,35717,31030,03329,9773$63.54$3.42
Mar 202511,57511,69722,53422,4732$68.24$4.12
Feb 202512,22812,17029,01628,87954$71.53$4.19
Jan 202519,72219,72754,17754,1010$75.74$4.13
Dec 202419,04019,02558,89158,8220$70.12$3.01
Nov 202421,13321,13961,33461,2634$69.95$2.12
Oct 202425,10325,11563,19263,1260$71.99$2.20
Sep 202426,32826,34762,52962,4631$70.24$2.28
Aug 202431,42131,39664,11063,799241$76.68$1.99
Jul 202435,21335,19759,96259,8981$81.80$2.07
Jun 202436,00036,01749,80549,7447$79.77$2.54
May 202435,69235,69042,62342,5691$80.02$2.12
Apr 202437,87238,04039,77839,543185$85.35$1.60
Mar 202445,81145,68340,84040,77211$81.28$1.49
Feb 202417,38517,28014,44313,773627$77.25$1.72

Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

How to check your stub against this lease Checks stopped on this lease? See the likely reasons

Do your checks match this lease?

Nearby

Pioneer Natural Res. USA, Inc. in Midland County

All Pioneer Natural Res. USA, Inc. leases →

Spraberry (Trend Area) field

All leases in this field →

Leases within 10 km

Drilling permits within 10 km