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Texas oil lease

Producing

PRESTON

Preston is an oil lease in Hale County, Texas, operated by Occidental Permian Ltd. in the Anton-Irish (Wolfcamp) field.

2 wells

335bbl oil, last 12 months+947% vs prior year
Operator
Occidental Permian Ltd.
County
Hale County
Field
Anton-Irish (Wolfcamp)
RRC lease
8A-68735

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Where it sits

This county

Hale CountyHaleBriscoeSwisherCastroLambFloydHale County
Hale County
Gas, last 12 months
3,825 mcf
Oil in Jul 2026
3 bbl

Production by month

Oil output rose 947% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 947% over the last 12 monthsMonthly oil production and gas for PRESTON, Aug 2023 to Jul 2026. Oil output rose 947% over the last 12 months. 335 bbl in the 12 months through Jul 2026, against 32 bbl in the 12 months before.Last 12 months: 335 bblbbl per monthmcf per month00502501005001507502001,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 947% over the last 12 monthsMonthly oil production and gas for PRESTON, Aug 2023 to Jul 2026. Oil output rose 947% over the last 12 months. 335 bbl in the 12 months through Jul 2026, against 32 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00502501005001507502001,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to a transmission line in the last 12 months

All of the gas went to a transmission line in the last 12 monthsShare of PRESTON gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a transmission line in the last 12 monthsShare of PRESTON gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line 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.

2 wells on this lease

Wells on PRESTON
API numberWell no.Status
42-189-304611Active
42-189-304742Shut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Transfer CompanyOilGathers100Apr 1, 2025–
Occidental Permian Ltd.Casinghead gasBuys100Apr 1, 2025–
Occidental Permian Ltd.Casinghead gasGathers100Jan 7, 2005–
Occidental Permian Ltd.Casinghead gasBuys100Jan 1, 2010Apr 1, 2025
Centurion Pipeline L.p.OilGathers100Jul 6, 2010Apr 1, 2025

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

Who buys my oilOil price check

640.39 acres on the newest permit

Permits for Preston
API numberWell no.Acreson the permit
42-189-304611640.39
42-189-304742640.39

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

Unit decimal checker

What Occidental Petroleum Corporation told investors it received

Occidental Permian Ltd. is linked to Occidental Petroleum Corporation (OXY).
Realized prices reported by Occidental Petroleum Corporation
QuarterOil$ per bblFiling
Q2 2026$96.78SEC filing
Q1 2026$69.91SEC filing
Q4 2025$58.99SEC filing
Q3 2025$64.78SEC filing
Q2 2025$63.76SEC filing
Q1 2025$71.07SEC filing

SourceOccidental Petroleum Corporation quarterly reports, SEC EDGAR, company-wide averages before hedging.

Estimate your royalty

36 months, newest first

Ledger for PRESTON
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026323063060$80.46$2.89
Jun 2026112612610$84.81$3.15
May 2026222592590$102.13$2.94
Apr 2026112752750$100.32$2.77
Mar 20261193323320$91.38$3.04
Feb 202671996006000$64.51$3.62
Jan 20261821363243240$60.04$7.72
Dec 20251223983980$57.97$4.26
Nov 202573529729720$60.06$3.79
Oct 20250098980$60.89$3.19
Sep 202500000$63.96$2.97
Aug 202500000$64.86$2.91
Jul 202500000$68.39$3.20
Jun 202500000$68.17$3.02
May 202500000$62.17$3.12
Apr 2025111641640$63.54$3.42
Mar 2025113223220$68.24$4.12
Feb 2025001631630$71.53$4.19
Jan 20250512120$75.74$4.13
Dec 2024201797970$70.12$3.01
Nov 2024862722720$69.95$2.12
Oct 2024112472470$71.99$2.20
Sep 2024001841840$70.24$2.28
Aug 2024112872870$76.68$1.99
Jul 2024113173170$81.80$2.07
Jun 2024013033030$79.77$2.54
May 20243151811810$80.02$2.12
Apr 202436243233230$85.35$1.60
Mar 2024446556550$81.28$1.49
Feb 20243159809800$77.25$1.72
Jan 202458457447440$74.15$3.18
Dec 20230104044040$71.90$2.52
Nov 202336343013010$77.69$2.71
Oct 202326182572570$85.64$2.98
Sep 2023082612610$89.43$2.64
Aug 202326193413410$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

This lease belongs to

OperatorOccidental Permian Ltd.FieldAnton-Irish (Wolfcamp)CountyHale County

Occidental Permian Ltd. in Hale County

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Anton-Irish (Wolfcamp) field

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