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Texas oil lease

Producing

PRESTON W13B

Preston W13b is an oil lease in Midland County, Texas, operated by Pioneer Natural Res. USA, Inc. in the Spraberry (Trend Area) R 40 Exc field.

1 well

8,338bbl oil, last 12 months+5% vs prior year
Operator
Pioneer Natural Res. USA, Inc.
County
Midland County
Field
Spraberry (Trend Area) R 40 Exc
RRC lease
08-51401

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
298,926 mcf
Oil in Jul 2026
981 bbl

Production by month

Oil output rose 5% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 5% over the last 12 monthsMonthly oil production and gas for PRESTON W13B, Aug 2023 to Jul 2026. Oil output rose 5% over the last 12 months. 8,338 bbl in the 12 months through Jul 2026, against 7,936 bbl in the 12 months before.Last 12 months: 8,338 bblbbl per monthmcf per month0025010k50020k75030k1,00040k1,25050kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 5% over the last 12 monthsMonthly oil production and gas for PRESTON W13B, Aug 2023 to Jul 2026. Oil output rose 5% over the last 12 months. 8,338 bbl in the 12 months through Jul 2026, against 7,936 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0025010k50020k75030k1,00040k1,25050kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

97% of the gas went to a processing plant in the last 12 months

Flaring peaked at 15.7% of the gas in Aug 2023.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
97% of the gas went to a processing plant in the last 12 monthsShare of PRESTON W13B gas by disposition code each month, Aug 2023 to Jul 2026. 97% of the gas went to a processing plant in the last 12 months. Flaring peaked at 15.7% of the gas in Aug 2023.Share of the lease’s gas by disposition code, per month0%50%100%Flared 15.7%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
97% of the gas went to a processing plant in the last 12 monthsShare of PRESTON W13B gas by disposition code each month, Aug 2023 to Jul 2026. 97% of the gas went to a processing plant in the last 12 months. Flaring peaked at 15.7% of the gas in Aug 2023.Share of gas by disposition code0%50%100%Flared 15.7%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    97% · 290,960 mcf

  • Lease fuel (1)

    2.5% · 7,621 mcf

  • Flared (4)

    0.1% · 345 mcf

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

1 well on this lease

Wells on PRESTON W13B
API numberWell no.Status
42-329-421682HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Anchor Crude Marketing, LLCOilGathers25Sep 1, 2025–
Oasis Transp & Marketing Corp.OilGathers25Feb 1, 2022–
Plains Marketing, L.p.OilGathers25Feb 1, 2020–
Plains Pipeline L.p.OilGathers25Sep 1, 2025–
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100Oct 31, 2018–
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Oct 31, 2018–
Plains Pipeline L.p.OilGathers50Feb 1, 2020Sep 1, 2025
Pilot Travel Centers LLCOilGathers25Feb 1, 2020Feb 1, 2022
Plains Marketing, L.p.OilGathers10Oct 31, 2018Feb 1, 2020
Plains Pipeline L.p.OilGathers80Oct 31, 2018Feb 1, 2020
Ricky Shuler Trucking INCOilGathers10Oct 31, 2018Feb 1, 2020

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

Who buys my oilOil price check

1,306.70 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 W13b
API numberWell no.Acreson the permit
42-329-421682H1,306.70

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

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for PRESTON W13B
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202698198442,43742,2438$80.46$2.89
Jun 202699598244,97744,7882$84.81$3.15
May 20261,0761,05748,49548,27817$102.13$2.94
Apr 202626727312,16311,3300$100.32$2.77
Mar 202652753217,42516,5141$91.38$3.04
Feb 202654254221,61820,48891$64.51$3.62
Jan 202647847621,73420,82218$60.04$7.72
Dec 202545945616,71115,918156$57.97$4.26
Nov 202559359821,20320,35640$60.06$3.79
Oct 202584585918,31517,6521$60.89$3.19
Sep 20251,0971,07815,37514,8160$63.96$2.97
Aug 202547847618,47317,75511$64.86$2.91
Jul 202547747822,11921,3460$68.39$3.20
Jun 202548348520,65419,9160$68.17$3.02
May 202562162222,52921,7260$62.17$3.12
Apr 202571671322,43321,6520$63.54$3.42
Mar 202556956822,32221,5010$68.24$4.12
Feb 202560660819,68218,9670$71.53$4.19
Jan 202578378523,55322,60330$75.74$4.13
Dec 202480980518,39317,6960$70.12$3.01
Nov 202467867914,33813,8101$69.95$2.12
Oct 202467767716,97016,2950$71.99$2.20
Sep 202468368518,94018,1480$70.24$2.28
Aug 202483483424,09223,0857$76.68$1.99
Jul 202482282019,01218,2470$81.80$2.07
Jun 202465866017,42316,6700$79.77$2.54
May 202479279320,77419,8880$80.02$2.12
Apr 202482482417,81117,04731$85.35$1.60
Mar 202485285017,41016,62213$81.28$1.49
Feb 202487787718,94718,1740$77.25$1.72
Jan 202484584316,34315,6980$74.15$3.18
Dec 20231,0861,08918,82718,1371$71.90$2.52
Nov 20231,0691,06718,97118,2880$77.69$2.71
Oct 202382983313,28212,7780$85.64$2.98
Sep 202389189115,11214,53715$89.43$2.64
Aug 202392492218,28714,7632,862$81.39$2.58

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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This lease belongs to

OperatorPioneer Natural Res. USA, Inc.FieldSpraberry (Trend Area) R 40 ExcCountyMidland County

Pioneer Natural Res. USA, Inc. in Midland County

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Spraberry (Trend Area) R 40 Exc field

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