PRESTON 36G

PRESTON 36G is a Texas oil lease in Midland County, Railroad Commission district 08, operated by Pioneer Natural Res. Usa, Inc. It has 1 wellbore on file with the Commission. Reported production runs from June 2017 to August 2026, totalling 185,740 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $16K, with roughly $3K expected over the next twelve months.

OperatorPioneer Natural Res. Usa, Inc.
FieldSpraberry (Trend Area) R 40 Exc
CountyMidland County, Texas
RRC district08
Lease number49029
Wellbores1
Reported production185,740 bbl
First reportedJune 2017
Last reportedAugust 2026
Estimated royalty value$16K

Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal.