LEASES · O-13-5286 · OIL · DISTRICT 09
Preston
ReportingNewport Operating, LLC · Wichita County · Wichita County Regular field
Preston is an RRC oil lease (O-13-5286) in Wichita County operated by Newport Operating, LLC, with 46 wells completed on it.
It has reported 52.4K barrels of oil and 26 mcf of gas since January 1993, last reporting volume in April 2026 (statewide data runs through April 2026).
The last 12 reported months total 1.02K barrels of oil, down 34% on the year before; the lease peaked at 2.78K barrels in September 2019.
6 operators have filed production on it, most recently Newport Operating, LLC since August 2016.
- 52.4K
- bbl oil, all reported
- 26
- mcf gas incl. casinghead
- 1.02K
- bbl oil, last 12 reported
- -34%
- vs the 12 before
- 46
- wells completed on it
- 2.78K
- peak month, bbl (Sep 2019)
PDQ LEASE REPORTS · FIRST JAN 1993 · LAST VOLUME APR 2026 · STATEWIDE DATA THROUGH APR 2026
Oil by month
Barrels reported on Form PR for the whole lease. The latest months are revised upward as late reports arrive.
Last 12 months 1,017 · prior 12 1,546(-34%)
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.
Last 12 months 0 · prior 12 0
Decline curve
A MODEL FITTED TO THE REPORTS, NOT A REPORT
An Arps hyperbolic curve fitted to the 80 reporting months of oil since the peak in Sep 2019. 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.
- 65%
- first-year decline from the peak (nominal Di 146%)
- 0.6
- b factor (hyperbolic)
- 0.85
- fit R²
- 8.92K
- 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 1,017 · prior 12 1,546(-34%)
Fitted hyperbolic curve from the Sep 2019 peak, dashed 24 months past the last report
| Projected month | Oct 2026 | Apr 2027 | Oct 2027 | Apr 2028 |
|---|---|---|---|---|
| On the curve, bbl per month | 78 | 71 | 65 | 59 |
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.
- Akins Oil CompanyJan 1993 → Aug 1993 · 8 mo
- Perkins Oil Properties, Inc.Sep 1993 → Feb 1995 · 18 mo
- Taz Oil & GasMar 1995 → Sep 1996 · 19 mo
- Midwestern EnergyOct 1996 → Mar 2013 · 198 mo
- B.E.G. ProductionApr 2013 → Jul 2016 · 40 mo
- Newport Operating, LLCAug 2016 → Jul 2026 · 120 mo
Wells on the lease
FROM COMPLETION REPORTS · PRODUCTION ABOVE IS THEIR TOTAL
46
wells completed on the lease
- Producing
- 28
- Shut IN
- 6
- NO Type on File
- 5
- Plugged
- 5
- Injection
- 2
Operates them now
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 Apr 2026. Wells from completion reports; operator runs from who filed each month's report.
Developers: this page as JSON is GET /v1/data/leases/tx/o-13-5286, documented in the API reference.