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Texas oil lease

Producing

PRESTON W17F

Preston W17f is an oil lease in Midland County, Texas, operated by Pioneer Natural Res. USA, Inc. in the Spraberry (Trend Area) field.

1 well

13,256bbl oil, last 12 months−28% vs prior year
RRC lease
08-56264

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
251,559 mcf
Oil in Jul 2026
876 bbl

Production by month

Oil output fell 28% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 28% over the last 12 monthsMonthly oil production and gas for PRESTON W17F, Aug 2023 to Jul 2026. Oil output fell 28% over the last 12 months. 13,256 bbl in the 12 months through Jul 2026, against 18,455 bbl in the 12 months before.Last 12 months: 13,256 bblbbl per monthmcf per month001,00010k2,00020k3,00030k4,00040kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 28% over the last 12 monthsMonthly oil production and gas for PRESTON W17F, Aug 2023 to Jul 2026. Oil output fell 28% over the last 12 months. 13,256 bbl in the 12 months through Jul 2026, against 18,455 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001,00010k2,00020k3,00030k4,00040kJan 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 W17F 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 W17F 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% · 244,381 mcf

  • Lease fuel (1)

    2.8% · 7,038 mcf

  • Flared (4)

    0.1% · 140 mcf

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

1 well on this lease

Wells on PRESTON W17F
API numberWell no.Status
42-329-439286HActive

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).

1,442.10 acres on the newest permit

An allocation well is on this lease

Permits for Preston W17f
API numberWell no.Acreson the permit
42-329-439286H1,442.10

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

Estimate your royalty

36 months, newest first

Ledger for PRESTON W17F
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202687687618,09017,58814$80.46$2.89
Jun 202661962014,24613,8661$84.81$3.15
May 202691891921,16120,5950$102.13$2.94
Apr 20261,1461,14520,59020,0441$100.32$2.77
Mar 20261,1471,14723,89123,2810$91.38$3.04
Feb 20261,0961,09520,99120,44622$64.51$3.62
Jan 202687687718,99018,47664$60.04$7.72
Dec 20251,4331,43325,24424,6530$57.97$4.26
Nov 20251,3751,37620,43819,7250$60.06$3.79
Oct 20251,2781,27922,92822,10025$60.89$3.19
Sep 20251,0511,05417,57616,93612$63.96$2.97
Aug 20251,4411,43727,41426,6711$64.86$2.91
Jul 20251,4921,49123,98823,3470$68.39$3.20
Jun 20251,5051,50523,39022,7753$68.17$3.02
May 20251,5111,51022,53721,96510$62.17$3.12
Apr 20251,0941,09419,17618,65818$63.54$3.42
Mar 20251,2661,26718,30917,7771$68.24$4.12
Feb 20251,5351,53620,92420,2101$71.53$4.19
Jan 20251,5911,59329,14628,2361$75.74$4.13
Dec 20241,5671,56625,85925,04523$70.12$3.01
Nov 20241,5871,58623,96223,2575$69.95$2.12
Oct 20241,6331,63521,04920,4081$71.99$2.20
Sep 20241,8331,83322,00221,24514$70.24$2.28
Aug 20241,8411,84226,45625,55193$76.68$1.99
Jul 20242,0102,01329,24228,5132$81.80$2.07
Jun 20242,0332,03125,61024,9532$79.77$2.54
May 20241,9611,95929,74028,8783$80.02$2.12
Apr 20242,3032,30228,42427,61026$85.35$1.60
Mar 20241,7551,75731,64130,68311$81.28$1.49
Feb 20242,0282,02927,98327,1431$77.25$1.72
Jan 20242,4172,41327,53426,74515$74.15$3.18
Dec 20231,9971,99634,48633,4391$71.90$2.52
Nov 20231,7811,78337,35036,22163$77.69$2.71
Oct 20231,6931,69437,67036,515155$85.64$2.98
Sep 20231,9721,97332,99532,11611$89.43$2.64
Aug 20232,6962,69536,62635,77617$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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Nearby

Pioneer Natural Res. USA, Inc. in Midland County

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Spraberry (Trend Area) field

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