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Royalty Clerk

Texas oil lease · RRC district 08 · Lease 47855

Producing

PRESTON B

Preston B is an oil lease in Midland County, Texas, operated by Pioneer Natural Res. USA, Inc. in the Spraberry (Trend Area) R 40 Exc field. The Railroad Commission shows 85,057 bbl of oil in the 12 months through Jul 2026.

Oil lease dossier · 13 wells

85,057bbl oil, last 12 months+1% vs prior year
Operator
Pioneer Natural Res. USA, Inc.
County
Midland County
Field
Spraberry (Trend Area) R 40 Exc
RRC lease
08-47855

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County · RRC district 08Open Midland County →
Gas, last 12 months
1,476,188 mcf
Oil in Jul 2026
4,305 bbl
Reporting to the state
since Jan 2020
Wells
13

Production

Month by month, from the state record

What the Railroad Commission says this oil lease produced. Oil is in barrels (bbl). Gas is in thousand cubic feet (mcf).

Oil output held steady over the last 12 months

85,057 bbl in the 12 months through Jul 2026, against 84,422 bbl in the 12 months before.

  • Oil (bars, left axis)
  • Gas (line, right axis)
  • Last 12 months
Oil output held steady over the last 12 monthsMonthly oil production and gas for PRESTON B, Aug 2023 to Jul 2026. Oil output held steady over the last 12 months. 85,057 bbl in the 12 months through Jul 2026, against 84,422 bbl in the 12 months before.Last 12 months: 85,057 bblbbl per monthmcf per month005,00050k10k100k15k150k20k200kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output held steady over the last 12 monthsMonthly oil production and gas for PRESTON B, Aug 2023 to Jul 2026. Oil output held steady over the last 12 months. 85,057 bbl in the 12 months through Jul 2026, against 84,422 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005,00050k10k100k15k150k20k200kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, oil lease 47855, district 08. Reported through Jul 2026. The state revises recent months.

Gas disposition

Where the gas went

Every month the operator tells the state where each mcf of gas went, using a code. The code decides how your gas is paid.

96% of the gas went to a processing plant in the last 12 months

Each bar is one month. Colors are the disposition codes the operator reported.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
96% of the gas went to a processing plant in the last 12 monthsShare of PRESTON B gas by disposition code each month, Aug 2023 to Jul 2026. 96% of the gas went to a processing plant in the last 12 months. Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
96% of the gas went to a processing plant in the last 12 monthsShare of PRESTON B gas by disposition code each month, Aug 2023 to Jul 2026. 96% of the gas went to a processing plant in the last 12 months. Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, gas disposition by code, lease 47855, district 08. Reported through Jul 2026.

Processing plant (3)

Sent to a gas plant that pulls out natural gas liquids. Your statement should show plant products, and may show processing fees.

Lease fuel (1)

Burned to run equipment on the lease. Not sold, so it pays no royalty. A few percent is normal.

Flared (4)

Burned off or vented, not sold. It pays no royalty. More than 3% in a month is worth watching.

Over the last 12 months, 0.1% of the gas was flared. No month went above 3%.

Operator history

Who has run this lease

The operator runs the wells and pays your royalty. When the operator changes, payments often slip for a month or two.

Pioneer Natural Res. USA, Inc. has reported this lease for the whole period

No change of operator in the months we hold.

Operators of this lease over timePioneer Natural Res. USA, Inc., Jan 2020 to Jul 20262020202120222023202420252026Pioneer Natural Res. USA, Inc.Jan 2020 to nowthrough Jul 2026
Operators of this lease over timePioneer Natural Res. USA, Inc., Jan 2020 to Jul 20262020202120222023202420252026Pioneer Natural Res. USA, Inc.Jan 2020 to nowthrough Jul 2026

SourceTexas Railroad Commission Production Data Query, operator by month. Reported through Jul 2026.

Wells

13 wells on this lease

Every well the Railroad Commission links to oil lease 47855 in district 08. The API number is the state’s ID for a well.
Wells on PRESTON B
API numberWell no.Status
42-329-3144929Active
42-329-407453201HActive
42-329-407463202HActive
42-329-407473203HActive
42-329-407483204HActive
42-329-407493205HActive
42-329-407503206HActive
42-329-408603207HActive
42-329-408613208HActive
42-329-408643209HActive
42-329-408653210HActive
42-329-408663211HActive
42-329-408673212HActive

SourceTexas Railroad Commission Wellbore Query, district 08, lease 47855.

Estimator

Estimate your royalty for this lease

A rough check before you look at a statement: the state volumes times your decimal, priced at WTI and Henry Hub.

Estimator

What could your check be?

Your decimal interest is the small number on your division order that says what share of the whole lease (8/8ths) is yours. Type it in and we apply it to what the state says PRESTON B sold each month.

For example 0.00097656, or a fraction like 1/1024.

Dollars per barrel. Your statements show the gap your operator uses. Leave 0 to price oil at WTI.

Your estimate appears here

Enter your decimal to see an estimated royalty for each of the last 12 months this lease reported. Nothing you type leaves your browser.

An estimate, not your check

It ignores gathering and processing fees, taxes, plant products and the price your operator actually gets, so your statement will differ. Use it as a ceiling to compare against. Regional gas prices are often below Henry Hub.

Ledger

36 months, newest first

Compare these numbers with your statements. Your share of a month is the “Oil sold” volume times your decimal. Scroll sideways on a phone.
Monthly production, disposition and prices for PRESTON B
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3Flaredmcf, code 4WTI$ per bblHenry Hub$ per MMBtu
Jul 2026Pioneer Natural4,3054,50170,74067,13152$80.46$2.89
Jun 2026Pioneer Natural6,0746,070115,735110,4120$84.81$3.15
May 2026Pioneer Natural7,2037,068142,804136,8080$102.13$2.94
Apr 2026Pioneer Natural6,8096,87597,73893,1730$100.32$2.77
Mar 2026Pioneer Natural9,0429,026156,011149,448119$91.38$3.04
Feb 2026Pioneer Natural7,1507,201146,025138,7411,571$64.51$3.62
Jan 2026Pioneer Natural7,5347,442114,171108,7448$60.04$7.72
Dec 2025Pioneer Natural8,8718,935131,914126,4470$57.97$4.26
Nov 2025Pioneer Natural4,3364,34687,92483,999337$60.06$3.79
Oct 2025Pioneer Natural9,0098,932145,727140,2950$60.89$3.19
Sep 2025Pioneer Natural7,0237,001137,385132,14174$63.96$2.97
Aug 2025Pioneer Natural7,7017,741130,014125,1120$64.86$2.91
Jul 2025Pioneer Natural8,6808,669128,691123,7770$68.39$3.20
Jun 2025Pioneer Natural9,2849,279125,900121,2210$68.17$3.02
May 2025Pioneer Natural7,1877,137116,421112,19855$62.17$3.12
Apr 2025Pioneer Natural6,6916,690113,981109,8270$63.54$3.42
Mar 2025Pioneer Natural6,7766,781114,222109,8180$68.24$4.12
Feb 2025Pioneer Natural6,7496,760107,135103,1780$71.53$4.19
Jan 2025Pioneer Natural6,4536,389103,30799,1840$75.74$4.13
Dec 2024Pioneer Natural6,1376,15697,52693,2170$70.12$3.01
Nov 2024Pioneer Natural5,6735,682109,186104,3480$69.95$2.12
Oct 2024Pioneer Natural6,2356,237123,966118,7840$71.99$2.20
Sep 2024Pioneer Natural7,6987,687128,299122,9970$70.24$2.28
Aug 2024Pioneer Natural6,8596,878128,671123,5018$76.68$1.99
Jul 2024Pioneer Natural7,1607,135137,218131,42821$81.80$2.07
Jun 2024Pioneer Natural6,7266,722120,027114,9086$79.77$2.54
May 2024Pioneer Natural7,8167,858125,842120,410112$80.02$2.12
Apr 2024Pioneer Natural7,8157,769103,89399,5590$85.35$1.60
Mar 2024Pioneer Natural9,1559,179103,72699,4960$81.28$1.49
Feb 2024Pioneer Natural9,9569,998112,707107,918148$77.25$1.72
Jan 2024Pioneer Natural11,23511,258144,893139,4234$74.15$3.18
Dec 2023Pioneer Natural12,58212,557158,338152,1530$71.90$2.52
Nov 2023Pioneer Natural10,86810,891124,592119,7840$77.69$2.71
Oct 2023Pioneer Natural11,28111,261117,391112,68955$85.64$2.98
Sep 2023Pioneer Natural13,00313,057108,465104,3813$89.43$2.64
Aug 2023Pioneer Natural16,12916,053118,065113,72260$81.39$2.58

No report filed More than 3% of gas flared

SourceVolumes: Texas Railroad Commission Production Data Query, reported through Jul 2026. Prices: EIA WTI Cushing spot and Henry Hub spot, monthly, through Aug 2026. “Gas sold” is gas sent to a transmission line (code 2) or a plant (code 3).

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Around this lease

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This lease belongs to

OperatorPioneer Natural Res. USA, Inc.FieldSpraberry (Trend Area) R 40 ExcCountyMidland County

Pioneer Natural Res. USA, Inc. in Midland County

All Pioneer Natural Res. USA, Inc. leases →

Spraberry (Trend Area) R 40 Exc field

All leases in this field →

New drilling permits in Midland County

We do not have coordinates for this lease, so these are the newest permits in its county.

How to read this page

Questions owners ask

What is a decimal interest?

It is your share of the whole lease, written as a decimal. A 1/4 royalty on 5 net acres in a 1,280-acre unit is 1/4 × 5 ÷ 1,280 = 0.00097656. Your division order states yours.

How do I use this page to check a royalty check?

Take the “Oil sold” volume for the month the check covers and multiply it by your decimal. The answer should match the barrels on your statement. If it does not, upload the statement and we will show where the two differ.

Why is the newest month Jul 2026?

The Railroad Commission publishes production two to three months after the fact and revises recent months. We re-pull the latest three months on every update.

Does this page show what my check should be?

No. It shows what the state recorded. Prices, fees and taxes depend on your lease and on what your operator gets for the oil and gas. The estimator gives a ceiling to compare against.

Sources and method

Where these numbers come from

  • Production and disposition by month: Texas Railroad Commission Production Data Query, oil lease 47855, district 08, reported through Jul 2026.
  • Wells: Texas Railroad Commission Wellbore Query.
  • Prices: U.S. Energy Information Administration, WTI Cushing spot and Henry Hub spot, monthly.
  • Page updated Sep 28, 2026.

We show the state’s numbers as filed. Where the state has no report for a month, we say so instead of guessing.