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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 B

PRESTON B

RRC oil lease 47855, district 10 · SPRABERRY (TREND AREA) R 40 EXC field · Midland County · operated by PIONEER NATURAL RES. USA, INC.

PRESTON B at a glance

Gas output in Mar 2026–May 2026 was up 15% from the same three months a year earlier. Over the last 12 months it reported 85,057 BBL of oil and 1,476,188 MCF of gas. In May 2026, the latest month not marked provisional, it reported 7,203 BBL and 142,804 MCF.

85.1KBBL oil, last 12 months▲ 1% vs prior 12
1.5MMCF gas, last 12 months▲ 6% vs prior 12
$1,122.20est. gross royalty for May 2026 at decimal
14new permits in Midland County this month

Royalty = (7,203 BBL × $97.31 WTI, Sep 2026, EIA + 142,804 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)

0100K200KAug 23Feb 24Aug 24Feb 25Aug 25Feb 26

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

PRESTON B production history in brief

By oil-equivalent volume over the last 12 months, PRESTON B ranks #244 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 Dec 2023 at 158,338 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)4,30570,740
Jun 2026 (provisional)6,074115,735
May 20267,203142,804
Apr 20266,80997,738
Mar 20269,042156,011
Feb 20267,150146,025
Jan 20267,534114,171
Dec 20258,871131,914
Nov 20254,33687,924
Oct 20259,009145,727
Sep 20257,023137,385
Aug 20257,701130,014
Jul 20258,680128,691
Jun 20259,284125,900
May 20257,187116,421
Apr 20256,691113,981
Mar 20256,776114,222
Feb 20256,749107,135
Jan 20256,453103,307
Dec 20246,13797,526
Nov 20245,673109,186
Oct 20246,235123,966
Sep 20247,698128,299
Aug 20246,859128,671
Jul 20247,160137,218
Jun 20246,726120,027
May 20247,816125,842
Apr 20247,815103,893
Mar 20249,155103,726
Feb 20249,956112,707
Jan 202411,235144,893
Dec 202312,582158,338
Nov 202310,868124,592
Oct 202311,281117,391
Sep 202313,003108,465
Aug 202316,129118,065

Check these figures in the RRC Production Data Query (Specific Lease Query: district 10, lease 47855). 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.