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Texas oil lease

Producing

PRESTON W17E

Preston W17e is an oil lease in Midland County, Texas, operated by Pioneer Natural Res. USA, Inc. in the Spraberry (Trend Area) field.

1 well

12,013bbl oil, last 12 months−23% vs prior year
Operator
Pioneer Natural Res. USA, Inc.
County
Midland County
Field
Spraberry (Trend Area)
RRC lease
08-56215

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
221,512 mcf
Oil in Jul 2026
916 bbl

Production by month

Oil output fell 23% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 23% over the last 12 monthsMonthly oil production and gas for PRESTON W17E, Aug 2023 to Jul 2026. Oil output fell 23% over the last 12 months. 12,013 bbl in the 12 months through Jul 2026, against 15,694 bbl in the 12 months before.Last 12 months: 12,013 bblbbl per monthmcf per month0050010k1,00020k1,50030k2,00040k2,50050kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 23% over the last 12 monthsMonthly oil production and gas for PRESTON W17E, Aug 2023 to Jul 2026. Oil output fell 23% over the last 12 months. 12,013 bbl in the 12 months through Jul 2026, against 15,694 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0050010k1,00020k1,50030k2,00040k2,50050kJan 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 W17E 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 W17E 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% · 215,200 mcf

  • Lease fuel (1)

    2.8% · 6,193 mcf

  • Flared (4)

    0.1% · 119 mcf

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

1 well on this lease

Wells on PRESTON W17E
API numberWell no.Status
42-329-439275HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Plains Pipeline L.p.OilGathers90Aug 16, 2021
Sentinel Transportation, LLCOilGathers10Aug 16, 2021
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100Aug 16, 2021
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Aug 16, 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 W17e
API numberWell no.Acreson the permit
42-329-439275H1,442.10

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

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for PRESTON W17E
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202691691619,10918,57915$80.46$2.89
Jun 202693593520,39519,8521$84.81$3.15
May 202698698619,65819,1330$102.13$2.94
Apr 202689989917,41616,9541$100.32$2.77
Mar 20261,0101,01020,31919,8000$91.38$3.04
Feb 202692592416,28215,86017$64.51$3.62
Jan 202686486415,52815,10852$60.04$7.72
Dec 20251,2261,22620,00119,5330$57.97$4.26
Nov 20251,1181,11916,89516,3060$60.06$3.79
Oct 20251,0801,08119,38218,68221$60.89$3.19
Sep 202590690915,38414,82311$63.96$2.97
Aug 20251,1481,14421,14320,5701$64.86$2.91
Jul 20251,1961,19520,97220,4110$68.39$3.20
Jun 20251,1931,19321,37520,8123$68.17$3.02
May 20251,1311,13229,37328,62513$62.17$3.12
Apr 20251,1951,19420,07319,53019$63.54$3.42
Mar 20251,1271,12717,27416,7730$68.24$4.12
Feb 20251,1901,19118,40117,7721$71.53$4.19
Jan 20251,5301,53220,62219,9791$75.74$4.13
Dec 20241,3351,33420,03519,40418$70.12$3.01
Nov 20241,2971,29719,21618,6504$69.95$2.12
Oct 20241,5501,55122,16621,4901$71.99$2.20
Sep 20241,3681,36922,61521,83514$70.24$2.28
Aug 20241,5821,58227,35926,42396$76.68$1.99
Jul 20241,7221,72529,50928,7732$81.80$2.07
Jun 20241,9181,91727,41426,7102$79.77$2.54
May 20241,9261,92429,02028,1793$80.02$2.12
Apr 20242,0782,07528,95728,12726$85.35$1.60
Mar 20241,2391,23734,64233,59212$81.28$1.49
Feb 202441942027,82826,9891$77.25$1.72
Jan 202469869829,18028,34016$74.15$3.18
Dec 202395395329,70828,8041$71.90$2.52
Nov 20231,0961,09830,23829,32351$77.69$2.71
Oct 20231,2591,25933,51332,485138$85.64$2.98
Sep 20231,5101,51230,42529,61311$89.43$2.64
Aug 20232,3462,34532,97232,20616$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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