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Texas oil lease

Producing

PRESTON W17C

Preston W17c is an oil lease in Midland County, Texas, operated by Pioneer Natural Res. USA, Inc. in the Spraberry (Trend Area) field.

1 well

31,677bbl oil, last 12 months+94% vs prior year
Operator
Pioneer Natural Res. USA, Inc.
County
Midland County
Field
Spraberry (Trend Area)
RRC lease
08-56172

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
177,766 mcf
Oil in Jul 2026
1,693 bbl

Production by month

Oil output rose 94% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 94% over the last 12 monthsMonthly oil production and gas for PRESTON W17C, Aug 2023 to Jul 2026. Oil output rose 94% over the last 12 months. 31,677 bbl in the 12 months through Jul 2026, against 16,312 bbl in the 12 months before.Last 12 months: 31,677 bblbbl per monthmcf per month002,00010k4,00020k6,00030k8,00040kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 94% over the last 12 monthsMonthly oil production and gas for PRESTON W17C, Aug 2023 to Jul 2026. Oil output rose 94% over the last 12 months. 31,677 bbl in the 12 months through Jul 2026, against 16,312 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002,00010k4,00020k6,00030k8,00040kJan 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 W17C 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 W17C 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% · 172,864 mcf

  • Lease fuel (1)

    2.7% · 4,807 mcf

  • Flared (4)

    0.1% · 95 mcf

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

1 well on this lease

Wells on PRESTON W17C
API numberWell no.Status
42-329-439253HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Plains Pipeline L.p.OilGathers90Aug 17, 2021
Sentinel Transportation, LLCOilGathers10Aug 17, 2021
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100Aug 17, 2021
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Aug 17, 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 W17c
API numberWell no.Acreson the permit
42-329-439253H1,442.10

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

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for PRESTON W17C
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20261,6931,69313,17112,80910$80.46$2.89
Jun 20261,7441,74514,48014,0971$84.81$3.15
May 20262,2232,22517,11416,6610$102.13$2.94
Apr 20262,2962,29418,87718,3801$100.32$2.77
Mar 20262,5332,53417,61917,1730$91.38$3.04
Feb 20262,3802,38012,85612,52713$64.51$3.62
Jan 20262,4912,49116,44616,00555$60.04$7.72
Dec 20253,4303,43018,81718,3810$57.97$4.26
Nov 20253,5843,58415,26114,7370$60.06$3.79
Oct 20252,2812,2867,8267,5508$60.89$3.19
Sep 20252,3652,3799,0518,7286$63.96$2.97
Aug 20254,6574,63716,24815,8161$64.86$2.91
Jul 20252,2162,2124,1804,0730$68.39$3.20
Jun 20258768761,2181,1880$68.17$3.02
May 20251,0571,05835,64534,73716$62.17$3.12
Apr 20251,4491,44934,70233,76233$63.54$3.42
Mar 202595695718,24917,7181$68.24$4.12
Feb 20251,8261,82625,86224,9782$71.53$4.19
Jan 20251,8171,81818,33117,7611$75.74$4.13
Dec 20241,2131,21113,87113,43513$70.12$3.01
Nov 20241,0831,08312,55912,1912$69.95$2.12
Oct 20241,0801,08211,44311,0950$71.99$2.20
Sep 20241,5001,49918,14717,52311$70.24$2.28
Aug 20241,2391,24021,08520,36374$76.68$1.99
Jul 20241,4561,45715,96015,5631$81.80$2.07
Jun 20241,2911,29627,28726,5852$79.77$2.54
May 20242,5752,57021,71121,0852$80.02$2.12
Apr 20242,3522,35637,36536,29433$85.35$1.60
Mar 20243,8093,81235,58734,51313$81.28$1.49
Feb 20243,5153,51132,36331,3941$77.25$1.72
Jan 20242,7882,78729,23928,40215$74.15$3.18
Dec 20233,8393,84023,84923,1320$71.90$2.52
Nov 20234,5074,51726,46725,67544$77.69$2.71
Oct 20235,8975,89527,46526,635111$85.64$2.98
Sep 20235,9125,91528,99828,23310$89.43$2.64
Aug 20237,3077,30336,27335,43917$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)CountyMidland County

Pioneer Natural Res. USA, Inc. in Midland County

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Spraberry (Trend Area) field

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