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Texas gas well

Producing

PRESTON SOUTH DEEP

Preston South Deep is a gas well in Panola County, Texas, operated by Sabine Energy Inc. in the Carthage (Haynesville Shale) field.

1 well

8,981mcf gas, last 12 months−73% vs prior year
Operator
Sabine Energy Inc.
County
Panola County
Field
Carthage (Haynesville Shale)
RRC lease
06-264361

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Where it sits

This county

Panola CountyPanolaGreggUpshurShelbyRuskHarrisonMarionPanola County
Panola County
Gas in Jul 2026
324 mcf
Reporting since
Jan 2020

Checks stopped on this lease?

  • Operator

    Operator changed: Sabine Energy Inc. took over from Sabine Oil & Gas Corporation in Jan 2026.

  • P-5

    The previous operator's P-5 registration is listed as inactive since Jun 25, 2026 (last P-5 filed Feb 3, 2025).

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

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Production by month

Gas output fell 73% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output fell 73% over the last 12 monthsMonthly gas production and oil for PRESTON SOUTH DEEP, Aug 2023 to Jul 2026. Gas output fell 73% over the last 12 months. 8,981 mcf in the 12 months through Jul 2026, against 33,741 mcf in the 12 months before.Last 12 months: 8,981 mcfmcf per monthbbl per month001,00002,00003,00014,00015,0001Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 73% over the last 12 monthsMonthly gas production and oil for PRESTON SOUTH DEEP, Aug 2023 to Jul 2026. Gas output fell 73% over the last 12 months. 8,981 mcf in the 12 months through Jul 2026, against 33,741 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month001,00002,00003,00014,00015,0001Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to a transmission line in the last 12 months

  • Transmission line (2)
  • Lease fuel (1)
All of the gas went to a transmission line in the last 12 monthsShare of PRESTON SOUTH DEEP gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a transmission line in the last 12 monthsShare of PRESTON SOUTH DEEP gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line 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.

Who has run this lease

The operator changed once, most recently in Jan 2026

Operators of this lease over timeSabine Oil & Gas Corporation, Jan 2020 to Dec 2025; Sabine Energy Inc., Jan 2026 to Jul 20262020202120222023202420252026Changed Jan 2026Sabine Oil & Gas CorporationJan 2020 to Dec 2025Sabine Energy Inc.Jan 2026 to now
Operators of this lease over timeSabine Oil & Gas Corporation, Jan 2020 to Dec 2025; Sabine Energy Inc., Jan 2026 to Jul 20262020202120222023202420252026Changed Jan 2026Sabine Oil & Gas CorporationJan 2020 to Dec 2025Sabine Energy Inc.Jan 2026 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on PRESTON SOUTH DEEP
API numberWell no.Status
42-365-377531HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Eastex Crude Company, LLCCondensateGathers100Jan 1, 2023–
Amp II Etx Gathering I, LLCGas-well gasBuys100Oct 1, 2022–
Amp II Etx Gathering I, LLCGas-well gasGathers100Oct 1, 2022–
Eastex Crude CompanyCondensateGathers100Aug 18, 2011Jan 1, 2023
Enterprise Products Operating LLCGas-well gasGathers100Aug 18, 2011Oct 1, 2022
Sabine Oil & Gas CorporationGas-well gasBuys100Apr 1, 2015Oct 1, 2022

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

Who buys my oilOil price check

688.19 acres on the newest permit

Check your decimal on this lease
Permits for Preston South Deep
API numberWell no.Acreson the permit
42-365-377531H688.19

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

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36 months, newest first

Ledger for PRESTON SOUTH DEEP
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Sabine Energy003243240$80.46$2.89
Jun 2026Sabine Energy005615610$84.81$3.15
May 2026Sabine Energy002972970$102.13$2.94
Apr 2026Sabine Energy005415410$100.32$2.77
Mar 2026Sabine Energy005435430$91.38$3.04
Feb 2026Sabine Energy003593590$64.51$3.62
Jan 2026Sabine Energy005085080$60.04$7.72
Dec 2025Sabine Oil008048040$57.97$4.26
Nov 2025Sabine Oil009419410$60.06$3.79
Oct 2025Sabine Oil001,1191,1190$60.89$3.19
Sep 2025Sabine Oil001,1411,1410$63.96$2.97
Aug 2025Sabine Oil001,8431,8430$64.86$2.91
Jul 2025Sabine Oil001,7711,7710$68.39$3.20
Jun 2025Sabine Oil002,2412,2410$68.17$3.02
May 2025Sabine Oil002,2922,2920$62.17$3.12
Apr 2025Sabine Oil002,4982,4980$63.54$3.42
Mar 2025Sabine Oil002,5012,5010$68.24$4.12
Feb 2025Sabine Oil002,4962,4960$71.53$4.19
Jan 2025Sabine Oil003,0933,0930$75.74$4.13
Dec 2024Sabine Oil003,2593,2590$70.12$3.01
Nov 2024Sabine Oil003,4633,4630$69.95$2.12
Oct 2024Sabine Oil003,2853,2850$71.99$2.20
Sep 2024Sabine Oil003,2243,2240$70.24$2.28
Aug 2024Sabine Oil113,6183,6180$76.68$1.99
Jul 2024Sabine Oil003,6083,6080$81.80$2.07
Jun 2024Sabine Oil003,8723,8720$79.77$2.54
May 2024Sabine Oil003,7883,7880$80.02$2.12
Apr 2024Sabine Oil003,8423,8420$85.35$1.60
Mar 2024Sabine Oil004,0614,0610$81.28$1.49
Feb 2024Sabine Oil003,8993,8990$77.25$1.72
Jan 2024Sabine Oil003,1933,1930$74.15$3.18
Dec 2023Sabine Oil002,8942,7940$71.90$2.52
Nov 2023Sabine Oil003,3333,1830$77.69$2.71
Oct 2023Sabine Oil002,3462,2210$85.64$2.98
Sep 2023Sabine Oil001,8661,7210$89.43$2.64
Aug 2023Sabine Oil002,3362,1860$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

OperatorSabine Energy Inc.FieldCarthage (Haynesville Shale)CountyPanola County

Sabine Energy Inc. in Panola County

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