PRESTON W13H
PRESTON W13H 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 May 2019 to August 2026, totalling 292,783 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $652K, with roughly $111K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 264 barrels a month. Its strongest month on the record we hold was May 2019, at 18,271 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about PRESTON W13H
- Who operates PRESTON W13H?
- PRESTON W13H is operated by Pioneer Natural Res. USA, Inc., Railroad Commission of Texas operator number 665748.
- Where is PRESTON W13H?
- PRESTON W13H is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 52181.
- Is PRESTON W13H still producing?
- PRESTON W13H is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PRESTON W13H is August 2026.
- How much has PRESTON W13H produced?
- PRESTON W13H has reported 292,783 barrels of oil (bbl) to the Railroad Commission of Texas between May 2019 and August 2026, from 1 wellbore.
- How much is PRESTON W13H worth?
- The remaining production from PRESTON W13H is estimated to be worth about $652K in total as of 26 August 2026, within a range of $508K to $795K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PRESTON W13H is a fraction of it. The estimate fits an Arps decline curve to the production PRESTON W13H has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PRESTON W13H is an estimate of value, not an offer and not an appraisal.
- How much income does PRESTON W13H generate in a year?
- PRESTON W13H is forecast to net about $111K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PRESTON W13H receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Pioneer Natural Res. USA, Inc. |
|---|---|
| Field | Spraberry (Trend Area) R 40 Exc |
| County | Midland County, Texas |
| RRC district | 08 |
| Lease number | 52181 |
| Wellbores | 1 |
| Reported production | 292,783 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $652K |
Where PRESTON W13H sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
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. How this estimate is calculated.