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Producing

PRESTON-SHACKELFORD 15L

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

1 well

54,387bbl oil, last 12 months−58% vs prior year
Operator
Pioneer Natural Res. USA, Inc.
County
Midland County
Field
Spraberry (Trend Area)
RRC lease
08-60292

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
94,085 mcf
Oil in Jul 2026
5,376 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-SHACKELFORD 15L, Feb 2024 to Jul 2026. Oil output fell 58% over the last 12 months. 54,387 bbl in the 12 months through Jul 2026, against 128,142 bbl in the 12 months before.Last 12 months: 54,387 bblbbl per monthmcf per month0010k20k20k40k30k60k40k80k50k100kApr 24JulOctJan 25AprJulOctJan 26AprJul
Oil output fell 58% over the last 12 monthsMonthly oil production and gas for PRESTON-SHACKELFORD 15L, Feb 2024 to Jul 2026. Oil output fell 58% over the last 12 months. 54,387 bbl in the 12 months through Jul 2026, against 128,142 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 15L 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 15L 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% · 90,265 mcf

  • Lease fuel (1)

    4.0% · 3,806 mcf

  • Flared (4)

    0.0% · 14 mcf

1 well on this lease

Wells on PRESTON-SHACKELFORD 15L
API numberWell no.Status
42-329-4613512HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Plains Pipeline L.p.OilGathers100Jul 15, 2023
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100Jul 15, 2023
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Jul 15, 2023

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

Who buys my oilOil price check

1,038 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 15L
API numberWell no.Acreson the permit
42-329-4613512H1,038

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

Unit decimal checker

Estimate your royalty

30 months, newest first

Ledger for PRESTON-SHACKELFORD 15L
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20265,3765,3773,2563,1405$80.46$2.89
Jun 20265,3125,3094634630$84.81$3.15
May 20264,2594,2603913910$102.13$2.94
Apr 20264,7704,7654214210$100.32$2.77
Mar 20264,8504,8515385340$91.38$3.04
Feb 20264,1654,1648037851$64.51$3.62
Jan 20264,0484,0453653650$60.04$7.72
Dec 20252,7462,7412282270$57.97$4.26
Nov 202550251343430$60.06$3.79
Oct 20252,7592,78712,33511,7031$60.89$3.19
Sep 20257,0947,08635,65534,1106$63.96$2.97
Aug 20258,5068,50139,58738,0831$64.86$2.91
Jul 20259,4549,49735,46934,0621$68.39$3.20
Jun 20259,5979,56127,96126,9040$68.17$3.02
May 20258,6858,67516,91616,2761$62.17$3.12
Apr 20259,1149,10710,6598,8401$63.54$3.42
Mar 20259,3829,3835,4424,8770$68.24$4.12
Feb 20251,9251,9344,4884,2178$71.53$4.19
Jan 20258,6488,65421,79621,0880$75.74$4.13
Dec 20249,3499,34521,68221,0380$70.12$3.01
Nov 202411,76111,76720,09919,4952$69.95$2.12
Oct 202414,73814,74855,03253,3670$71.99$2.20
Sep 202416,66816,67637,00736,0280$70.24$2.28
Aug 202418,82118,81444,70543,276164$76.68$1.99
Jul 202425,01425,00849,55948,2631$81.80$2.07
Jun 202429,30029,32144,80943,5416$79.77$2.54
May 202433,00633,01327,70526,8521$80.02$2.12
Apr 202440,06640,20243,33841,704195$85.35$1.60
Mar 202440,18840,03145,84244,38413$81.28$1.49
Feb 20248,0277,9799,1478,716403$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

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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