LEASES · O-10-48920 · OIL · DISTRICT 08

Preston 18D

Reporting

Pioneer Natural Res. USA, Inc. · Midland County · Spraberry (Trend Area) R 40 Exc field

Preston 18d is an RRC oil lease (O-10-48920) in Midland County operated by Pioneer Natural Res. USA, Inc., with one well completed on it.

It has reported 338K barrels of oil and 2.83M mcf of gas since June 2017, last reporting volume in August 2026 (statewide data runs through August 2026).

It reported 1.03K barrels of oil in the 12 months through August 2026, down 81% on the year before; the lease peaked at 31.9K barrels in July 2017.

338K
bbl oil, all reported
2.83M
mcf gas incl. casinghead
1.03K
bbl oil, 12 months through Aug 2026
-81%
vs the 12 before
1
wells completed on it
31.9K
peak month, bbl (Jul 2017)

PDQ LEASE REPORTS · FIRST JUN 2017 · LAST VOLUME AUG 2026 · STATEWIDE DATA THROUGH AUG 2026

Oil by month

Barrels reported on Form PR for the whole lease. The latest months are revised upward as late reports arrive.

12 months through Aug 2026 1,033 · prior 12 5,432(-81%)

020K40K201820192020202120222023202420252026

Gas by month

Gas-well gas plus casinghead gas, mcf. On an oil lease all gas is reported as casinghead. The latest months are revised upward as late reports arrive.

12 months through Aug 2026 164,730 · prior 12 197,783(-17%)

020K40K60K201820192020202120222023202420252026

Decline curve

A MODEL FITTED TO THE REPORTS, NOT A REPORT

An Arps hyperbolic curve fitted to the 110 reporting months of oil since the peak in Jul 2017. The dashed line below is that curve, drawn over the months it was fitted to and then 24 months past the last report; where it parts from the columns is where the model stops describing the lease. It describes the trend of past reports. It does not know about recompletions, shut-ins, or new wells, and it is shown only when the lease reported within the last year and the curve explains most of the history.

56%
first-year decline from the peak (nominal Di 90%)
0.2
b factor (hyperbolic)
0.85
fit R²
6.2K
bbl remaining on the curve, to 1 per month

Oil, barrels reported months since the peak, with the fitted curve and its projection

Last 12 months 1,033 · prior 12 5,432(-81%)

020K40K20182019202020212022202320242025202620272028

Fitted hyperbolic curve from the Jul 2017 peak, dashed 24 months past the last report

Projected monthFeb 2027Aug 2027Feb 2028Aug 2028
On the curve, bbl per month1221048876

Quoting a projected figure as if it were reported would be wrong; the reported figures are the ones in the charts and the table view. How production is reported →

Who reported it

Each run of months one operator filed the production report, oldest first, with what it reported in them.

  1. Pioneer Natural Res. USA, Inc.Jun 2017 → Nov 2026 · 114 mo338K bbl oil · 2.83M mcf gas

Wells on the lease

FROM COMPLETION REPORTS · PRODUCTION ABOVE IS THEIR TOTAL

1

wells completed on the lease

Producing
1

Newest permits

All 1 wells, searchable →

About this data

Monthly oil, gas, and casinghead from the RRC PDQ production dump, which lags the reporting month by two to three months; figures shown through Aug 2026. Wells from completion reports; operator runs from who filed each month's report.

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