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Producing

PRESTON-SHACKELFORD 15F

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

1 well

51,566bbl oil, last 12 months−46% vs prior year
RRC lease
08-60789

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
112,264 mcf
Oil in Jul 2026
5,192 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 15F, Feb 2024 to Jul 2026. Oil output fell 46% over the last 12 months. 51,566 bbl in the 12 months through Jul 2026, against 96,149 bbl in the 12 months before.Last 12 months: 51,566 bblbbl per monthmcf per month0010k20k20k40k30k60k40k80k50k100kApr 24JulOctJan 25AprJulOctJan 26AprJul
Oil output fell 46% over the last 12 monthsMonthly oil production and gas for PRESTON-SHACKELFORD 15F, Feb 2024 to Jul 2026. Oil output fell 46% over the last 12 months. 51,566 bbl in the 12 months through Jul 2026, against 96,149 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

96% of the gas went to a processing plant in the last 12 months

Flaring peaked at 4.4% of the gas in Feb 2024.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
96% of the gas went to a processing plant in the last 12 monthsShare of PRESTON-SHACKELFORD 15F gas by disposition code each month, Feb 2024 to Jul 2026. 96% of the gas went to a processing plant in the last 12 months. Flaring peaked at 4.4% of the gas in Feb 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 4.4%Apr 24JulOctJan 25AprJulOctJan 26AprJul
96% of the gas went to a processing plant in the last 12 monthsShare of PRESTON-SHACKELFORD 15F gas by disposition code each month, Feb 2024 to Jul 2026. 96% of the gas went to a processing plant in the last 12 months. Flaring peaked at 4.4% of the gas in Feb 2024.Share of gas by disposition code0%50%100%Flared 4.4%Jul 24Jan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    96% · 107,896 mcf

  • Lease fuel (1)

    3.8% · 4,302 mcf

  • Flared (4)

    0.1% · 66 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 15F
API numberWell no.Status
42-329-461286HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Plains Pipeline L.p.OilGathers100Oct 8, 2023
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100Oct 8, 2023
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Oct 8, 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 15F
API numberWell no.Acreson the permit
42-329-461286H1,037.90

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

Estimate your royalty

30 months, newest first

Ledger for PRESTON-SHACKELFORD 15F
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20265,1925,19529,18327,99156$80.46$2.89
Jun 20265,7715,77117,57216,8962$84.81$3.15
May 20265,5575,55617,53816,8611$102.13$2.94
Apr 20265,4205,4168,2648,0190$100.32$2.77
Mar 20266,3646,3643,7073,6000$91.38$3.04
Feb 20265,0415,0371,6531,6053$64.51$3.62
Jan 20263,6463,6411,7641,7132$60.04$7.72
Dec 20251,4031,4031,4081,3400$57.97$4.26
Nov 20251,1141,1202972860$60.06$3.79
Oct 20251,9621,9755,7165,4260$60.89$3.19
Sep 20253,9443,94511,26210,7792$63.96$2.97
Aug 20256,1526,14313,90013,3800$64.86$2.91
Jul 20255,2205,2467,5437,2520$68.39$3.20
Jun 20255,5295,5105,1905,0040$68.17$3.02
May 20255,5015,4883,5773,4570$62.17$3.12
Apr 20253,3613,3522,6432,2080$63.54$3.42
Mar 20257507674,3193,8150$68.24$4.12
Feb 20251,6771,6845,8555,50010$71.53$4.19
Jan 20257,3587,37027,54226,6390$75.74$4.13
Dec 202410,0059,99939,25938,0800$70.12$3.01
Nov 202411,70211,70448,94847,4423$69.95$2.12
Oct 202413,19013,19834,65333,6120$71.99$2.20
Sep 202414,51814,52854,41552,9571$70.24$2.28
Aug 202417,33817,32668,49966,283254$76.68$1.99
Jul 202420,36120,35568,60666,7841$81.80$2.07
Jun 202423,00923,02564,47462,6059$79.77$2.54
May 202425,70625,71647,68046,1261$80.02$2.12
Apr 202433,68633,84353,75451,678247$85.35$1.60
Mar 202442,20742,07149,97248,37714$81.28$1.49
Feb 202413,12213,04313,22612,606580$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.

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Nearby

Pioneer Natural Res. USA, Inc. in Midland County

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