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Texas oil lease

Producing

PRESTON W13G

Preston W13g 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

3,907bbl oil, last 12 months−54% vs prior year
Operator
Pioneer Natural Res. USA, Inc.
County
Midland County
Field
Spraberry (Trend Area) R 40 Exc
RRC lease
08-52138

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
13,204 mcf
Oil in Jul 2026
203 bbl

Production by month

Oil output fell 54% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 54% over the last 12 monthsMonthly oil production and gas for PRESTON W13G, Aug 2023 to Jul 2026. Oil output fell 54% over the last 12 months. 3,907 bbl in the 12 months through Jul 2026, against 8,425 bbl in the 12 months before.Last 12 months: 3,907 bblbbl per monthmcf per month005005,0001,00010k1,50015k2,00020kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 54% over the last 12 monthsMonthly oil production and gas for PRESTON W13G, Aug 2023 to Jul 2026. Oil output fell 54% over the last 12 months. 3,907 bbl in the 12 months through Jul 2026, against 8,425 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005005,0001,00010k1,50015k2,00020kJan 24JulJan 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 15.5% of the gas in Aug 2023.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
96% of the gas went to a processing plant in the last 12 monthsShare of PRESTON W13G gas by disposition code each month, Aug 2023 to Jul 2026. 96% of the gas went to a processing plant in the last 12 months. Flaring peaked at 15.5% of the gas in Aug 2023.Share of the lease’s gas by disposition code, per month0%50%100%Flared 15.5%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
96% of the gas went to a processing plant in the last 12 monthsShare of PRESTON W13G gas by disposition code each month, Aug 2023 to Jul 2026. 96% of the gas went to a processing plant in the last 12 months. Flaring peaked at 15.5% of the gas in Aug 2023.Share of gas by disposition code0%50%100%Flared 15.5%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    96% · 12,653 mcf

  • Lease fuel (1)

    4.0% · 533 mcf

  • Flared (4)

    0.1% · 18 mcf

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

1 well on this lease

Wells on PRESTON W13G
API numberWell no.Status
42-329-425697HActive

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 gasBuys100May 5, 2019–
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100May 5, 2019–
Plains Pipeline L.p.OilGathers50Feb 1, 2020Sep 1, 2025
Pilot Travel Centers LLCOilGathers25Feb 1, 2020Feb 1, 2022
Plains Marketing, L.p.OilGathers80May 5, 2019Feb 1, 2020
Plains Pipeline L.p.OilGathers10May 5, 2019Feb 1, 2020
Ricky Shuler Trucking INCOilGathers10May 5, 2019Feb 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 W13g
API numberWell no.Acreson the permit
42-329-425697H1,306.70

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

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for PRESTON W13G
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20262032014544280$80.46$2.89
Jun 20261291252992850$84.81$3.15
May 202667683302860$102.13$2.94
Apr 202671743022850$100.32$2.77
Mar 20262002005775510$91.38$3.04
Feb 20261541533713421$64.51$3.62
Jan 2026102982862720$60.04$7.72
Dec 202514221,2561,19612$57.97$4.26
Nov 20253533732,2312,1484$60.06$3.79
Oct 20251,2501,2483,7063,5850$60.89$3.19
Sep 20258768642,3282,2490$63.96$2.97
Aug 20254884931,0641,0261$64.86$2.91
Jul 20257617512,4292,3510$68.39$3.20
Jun 20253593631,0871,0500$68.17$3.02
May 20255475361,6101,5570$62.17$3.12
Apr 20251111181,0631,0270$63.54$3.42
Mar 20255915965,9875,7740$68.24$4.12
Feb 20257047072,8202,7220$71.53$4.19
Jan 20259039013,2513,1264$75.74$4.13
Dec 20247677633,2063,0900$70.12$3.01
Nov 20246296373,0032,8970$69.95$2.12
Oct 20241,0411,0403,4483,3200$71.99$2.20
Sep 20249899893,1933,0680$70.24$2.28
Aug 20241,0231,0083,4523,3141$76.68$1.99
Jul 202418920533330$81.80$2.07
Jun 20249579491,4831,4250$79.77$2.54
May 20246026001,2381,1890$80.02$2.12
Apr 20244814734,1123,9357$85.35$1.60
Mar 20243837990$81.28$1.49
Feb 2024920330$77.25$1.72
Jan 20246666714,7024,5190$74.15$3.18
Dec 20231,4181,4247,6747,4010$71.90$2.52
Nov 20231,6001,60114,07413,5730$77.69$2.71
Oct 20231,4671,47013,72513,2070$85.64$2.98
Sep 20231,3911,38812,37311,90312$89.43$2.64
Aug 20231,2221,22012,58010,1731,953$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

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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