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Texas oil lease

Producing

PRESTON W17A

Preston W17a 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

26,112bbl oil, last 12 months−29% vs prior year
Operator
Pioneer Natural Res. USA, Inc.
County
Midland County
Field
Spraberry (Trend Area) R 40 Exc
RRC lease
08-56016

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
201,553 mcf
Oil in Jul 2026
3,251 bbl

Production by month

Oil output fell 29% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 29% over the last 12 monthsMonthly oil production and gas for PRESTON W17A, Aug 2023 to Jul 2026. Oil output fell 29% over the last 12 months. 26,112 bbl in the 12 months through Jul 2026, against 36,719 bbl in the 12 months before.Last 12 months: 26,112 bblbbl per monthmcf per month002,00025k4,00050k6,00075k8,000100kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 29% over the last 12 monthsMonthly oil production and gas for PRESTON W17A, Aug 2023 to Jul 2026. Oil output fell 29% over the last 12 months. 26,112 bbl in the 12 months through Jul 2026, against 36,719 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002,00025k4,00050k6,00075k8,000100kJan 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

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
97% of the gas went to a processing plant in the last 12 monthsShare of PRESTON W17A 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.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
97% of the gas went to a processing plant in the last 12 monthsShare of PRESTON W17A 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.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    97% · 195,602 mcf

  • Lease fuel (1)

    2.9% · 5,814 mcf

  • Flared (4)

    0.1% · 137 mcf

0.1% of the gas flared in the last 12 months. No month above 3%.

1 well on this lease

Wells on PRESTON W17A
API numberWell no.Status
42-329-439231HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Plains Pipeline L.p.OilGathers90Mar 21, 2021
Sentinel Transportation, LLCOilGathers10Mar 21, 2021
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100Mar 21, 2021
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Mar 21, 2021

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

Who buys my oilOil price check

1,442.10 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 W17a
API numberWell no.Acreson the permit
42-329-439231H1,442.10

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for PRESTON W17A
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20263,2513,25323,00422,37218$80.46$2.89
Jun 20263,8343,83120,29219,7591$84.81$3.15
May 20262,7282,7208,6658,4400$102.13$2.94
Apr 20261171171361330$100.32$2.77
Mar 20261821832502440$91.38$3.04
Feb 20262422466,5316,3617$64.51$3.62
Jan 20261,9681,96920,77420,21569$60.04$7.72
Dec 20252,9772,97724,85724,2780$57.97$4.26
Nov 20252,9762,97925,69624,8040$60.06$3.79
Oct 20253,1623,16422,87722,05824$60.89$3.19
Sep 20252,1272,13024,01723,14417$63.96$2.97
Aug 20252,5482,54124,45423,7941$64.86$2.91
Jul 20252,7592,75825,28724,6140$68.39$3.20
Jun 20252,9572,95833,62732,7454$68.17$3.02
May 20253,6413,64136,41835,49616$62.17$3.12
Apr 20253,1783,17632,16031,29331$63.54$3.42
Mar 20251,5031,50517,60417,0950$68.24$4.12
Feb 20253,3733,37431,54930,4752$71.53$4.19
Jan 20253,7653,76932,11631,1201$75.74$4.13
Dec 20243,1863,18329,44528,52326$70.12$3.01
Nov 20242,8682,86727,02626,2336$69.95$2.12
Oct 20243,1273,13025,80825,0251$71.99$2.20
Sep 20243,1083,10826,29125,39016$70.24$2.28
Aug 20243,2543,25529,36928,370102$76.68$1.99
Jul 20243,6873,69329,34028,6122$81.80$2.07
Jun 20243,6383,63746,51445,3204$79.77$2.54
May 20244,0824,07849,25247,8266$80.02$2.12
Apr 20244,9954,99692,25889,61182$85.35$1.60
Mar 20245,1015,10377,86275,50628$81.28$1.49
Feb 20244,4334,43051,49049,9462$77.25$1.72
Jan 20244,0914,08649,12847,72026$74.15$3.18
Dec 20234,2154,21743,52342,2061$71.90$2.52
Nov 20235,3425,34930,15429,25350$77.69$2.71
Oct 20235,2805,27928,69927,830116$85.64$2.98
Sep 20235,6095,61129,02328,25710$89.43$2.64
Aug 20236,6196,61237,27936,42117$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

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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