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Data as of Jul 2026 production (Jun 2026–Jul 2026 provisional) · permits through Oct 14, 2026 · Source: Texas Railroad Commission · Methodology
Home / Operators / PRESTON 5

PRESTON 5

RRC oil lease 47241, district 10 · SPRABERRY (TREND AREA) R 40 EXC field · Midland County · operated by PIONEER NATURAL RES. USA, INC.

PRESTON 5 at a glance

Gas output in Mar 2026–May 2026 was down 29% from the same three months a year earlier. Over the last 12 months it reported 109,779 BBL of oil and 1,765,622 MCF of gas. In May 2026, the latest month not marked provisional, it reported 4,481 BBL and 121,788 MCF.

109.8KBBL oil, last 12 months▼ 30% vs prior 12
1.8MMCF gas, last 12 months▼ 15% vs prior 12
$795.32est. gross royalty for May 2026 at decimal
14new permits in Midland County this month

Royalty = (4,481 BBL × $97.31 WTI, Sep 2026, EIA + 121,788 MCF × $2.95 Henry Hub, Sep 2026, EIA) × your decimal. 0.001 is only a placeholder: enter the decimal from your check stub or division order. Gross, before taxes and deductions. Full estimator →

Oil + condensate (BBL per month, last 36 months)

010K20KAug 23Feb 24Aug 24Feb 25Aug 25Feb 26

Gas (MCF per month, last 36 months)

0100K200K300KAug 23Feb 24Aug 24Feb 25Aug 25Feb 26

Jun 2026 and Jul 2026 are provisional (lighter bars) and usually rise as late reports arrive.

PRESTON 5 production history in brief

By oil-equivalent volume over the last 12 months, PRESTON 5 ranks #173 of 4,819 reporting leases in Midland County. It reported production in 34 of the 34 non-provisional months shown, starting in our window in Aug 2023. Its peak gas month in that window was Oct 2025 at 205,292 MCF. The lease is in the SPRABERRY (TREND AREA) R 40 EXC field and is operated by PIONEER NATURAL RES. USA, INC.; production is reported for the lease as a whole, not per well.

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New permits nearby

New drilling permits issued this month in Midland County. RRC production data has no lease coordinates, so we match by county.

IssuedOperatorLeaseWellDepth (ft)
2026-10-14OVINTIV USA INC.FASKEN TR 7X112HM11,000
2026-10-14OVINTIV USA INC.FASKEN TR 7X113HF11,000
2026-10-13PIONEER NATURAL RES. USA, INC.WILLIS-DONOVAN 15C303H10,404
2026-10-09PIONEER NATURAL RES. USA, INC.DONALD L HUTT FEE 45B102H10,623
2026-10-09PIONEER NATURAL RES. USA, INC.DONALD L HUTT FEE 45D104H10,623
2026-10-07PIONEER NATURAL RES. USA, INC.WILLIS-DONOVAN 15A301H10,544
2026-10-07PIONEER NATURAL RES. USA, INC.WILLIS-DONOVAN 15B302H10,544
2026-10-07PIONEER NATURAL RES. USA, INC.WILLIS-DONOVAN 15D304H10,404
2026-10-05CONTINENTAL RESOURCES, INC.MULDER 2635A01BL12,111
2026-10-05CONTINENTAL RESOURCES, INC.MULDER 2635B02BL12,111

Monthly production

MonthOil (BBL)Gas (MCF)
Jul 2026 (provisional)6,473128,058
Jun 2026 (provisional)5,290115,064
May 20264,481121,788
Apr 20265,790107,877
Mar 20267,076134,854
Feb 20265,813131,030
Jan 20269,261132,953
Dec 202516,449195,897
Nov 20256,472123,292
Oct 202515,811205,292
Sep 202514,189183,434
Aug 202512,674186,083
Jul 202513,382182,194
Jun 202514,521172,282
May 202513,624175,028
Apr 202510,693160,657
Mar 202513,734175,077
Feb 20254,909125,329
Jan 202511,094172,869
Dec 202415,177191,293
Nov 202414,732179,471
Oct 202415,501188,192
Sep 202415,915181,474
Aug 202414,368178,152
Jul 202414,006177,179
Jun 202410,042152,247
May 202410,550168,152
Apr 202412,503163,179
Mar 202412,484165,444
Feb 202410,848152,776
Jan 20249,459137,682
Dec 202312,682165,167
Nov 202311,333154,854
Oct 202311,398164,653
Sep 20239,078151,433
Aug 202312,198179,667

Check these figures in the RRC Production Data Query (Specific Lease Query: district 10, lease 47241). Production is reported per lease, so a lease with several wells is not split by well.

Source: Texas Railroad Commission (data sets, Production Data Query). Data date: RRC Production Data Query dump, extract dated Sep 18, 2026; production through Jul 2026. Jun 2026 and Jul 2026 are provisional: operators file late and amend, so these months usually rise in later releases. Oil = crude oil + condensate (BBL); gas = gas-well gas + casinghead gas (MCF), as reported to RRC. Methodology.