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Texas oil lease

Producing

PRESTON W13C

Preston W13c 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

7,111bbl oil, last 12 months−34% vs prior year
RRC lease
08-51402

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
187,839 mcf
Oil in Jul 2026
626 bbl

Production by month

Oil output fell 34% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 34% over the last 12 monthsMonthly oil production and gas for PRESTON W13C, Aug 2023 to Jul 2026. Oil output fell 34% over the last 12 months. 7,111 bbl in the 12 months through Jul 2026, against 10,743 bbl in the 12 months before.Last 12 months: 7,111 bblbbl per monthmcf per month0050010k1,00020k1,50030k2,00040kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 34% over the last 12 monthsMonthly oil production and gas for PRESTON W13C, Aug 2023 to Jul 2026. Oil output fell 34% over the last 12 months. 7,111 bbl in the 12 months through Jul 2026, against 10,743 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0050010k1,00020k1,50030k2,00040kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

95% of the gas went to a processing plant in the last 12 months

Flaring peaked at 15.8% of the gas in Aug 2023.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
95% of the gas went to a processing plant in the last 12 monthsShare of PRESTON W13C gas by disposition code each month, Aug 2023 to Jul 2026. 95% of the gas went to a processing plant in the last 12 months. Flaring peaked at 15.8% of the gas in Aug 2023.Share of the lease’s gas by disposition code, per month0%50%100%Flared 15.8%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
95% of the gas went to a processing plant in the last 12 monthsShare of PRESTON W13C gas by disposition code each month, Aug 2023 to Jul 2026. 95% of the gas went to a processing plant in the last 12 months. Flaring peaked at 15.8% of the gas in Aug 2023.Share of gas by disposition code0%50%100%Flared 15.8%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    95% · 178,588 mcf

  • Lease fuel (1)

    4.8% · 9,024 mcf

  • Flared (4)

    0.1% · 227 mcf

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

1 well on this lease

Wells on PRESTON W13C
API numberWell no.Status
42-329-421693HActive

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 gasBuys100Nov 3, 2018–
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Nov 3, 2018–
Plains Pipeline L.p.OilGathers50Feb 1, 2020Sep 1, 2025
Pilot Travel Centers LLCOilGathers25Feb 1, 2020Feb 1, 2022
Plains Marketing, L.p.OilGathers10Nov 3, 2018Feb 1, 2020
Plains Pipeline L.p.OilGathers80Nov 3, 2018Feb 1, 2020
Ricky Shuler Trucking INCOilGathers10Nov 3, 2018Feb 1, 2020

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

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 W13c
API numberWell no.Acreson the permit
42-329-421693H1,306.70

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

Estimate your royalty

36 months, newest first

Ledger for PRESTON W13C
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202662662717,23016,1713$80.46$2.89
Jun 202662361518,21117,1321$84.81$3.15
May 202667867817,75816,7256$102.13$2.94
Apr 202655655418,39217,1090$100.32$2.77
Mar 202654653213,20212,5021$91.38$3.04
Feb 202632481151100$64.51$3.62
Jan 20264294308,8528,4817$60.04$7.72
Dec 202550149717,17116,359160$57.97$4.26
Nov 202560260619,36318,59136$60.06$3.79
Oct 202577477222,49921,6831$60.89$3.19
Sep 202554956716,18115,5890$63.96$2.97
Aug 20251,1951,20218,86518,13612$64.86$2.91
Jul 20251,5901,57321,90921,1530$68.39$3.20
Jun 202593993521,95321,1720$68.17$3.02
May 202579178723,50822,6710$62.17$3.12
Apr 202569969821,74820,9910$63.54$3.42
Mar 202572772723,08622,2380$68.24$4.12
Feb 202577777823,43322,5800$71.53$4.19
Jan 202588388625,92924,87933$75.74$4.13
Dec 202493993525,21624,2570$70.12$3.01
Nov 202483783823,04222,1932$69.95$2.12
Oct 202486486221,21020,3700$71.99$2.20
Sep 202476376620,48719,6380$70.24$2.28
Aug 202493493516,95716,2505$76.68$1.99
Jul 20241,0061,00615,91415,2750$81.80$2.07
Jun 202491591514,62413,9980$79.77$2.54
May 202498098015,38914,7360$80.02$2.12
Apr 202498198215,96015,27628$85.35$1.60
Mar 20241,0301,02815,30614,61612$81.28$1.49
Feb 20241,0611,06415,37214,7490$77.25$1.72
Jan 20241,1921,18716,43815,7930$74.15$3.18
Dec 20231,2971,29816,79616,1840$71.90$2.52
Nov 20231,1721,17217,65717,0230$77.69$2.71
Oct 202399899617,30816,6500$85.64$2.98
Sep 202375874810,2749,88310$89.43$2.64
Aug 202323724917,59214,1792,771$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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Nearby

Pioneer Natural Res. USA, Inc. in Midland County

All Pioneer Natural Res. USA, Inc. leases →

Spraberry (Trend Area) R 40 Exc field

All leases in this field →

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Drilling permits within 10 km