Preston

Oil & Gas Property in Hale County, TX

Property Summary

Key data points for Preston

CountyHale County, TX
Production DatesJan 2005 - Apr 2025
Total Oil Production357,642 BBLs
Total Gas Production91,267 MCF
Recent Oil ProductionNo Recent Prod.
Recent Gas ProductionNo Recent Prod.
Wells on Property6

Our Valuation Estimates for Preston

ShaleAssessment

$570 *

MarketMultiple

$25,960 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Preston Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Preston
from Jan 2005 to Apr 2025

Wells on Preston

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-189-30348PRESTON 3UNION OIL COMPANY OF CALIFORNIAPermitted LocationHale County, TX33.846586-102.013760
42-189-30349PRESTON 2UNION OIL COMPANY OF CALIFORNIASidetrack Well Surface LocationHale County, TX33.851408-102.018298
42-189-30350PRESTON 1OCCIDENTAL PERMIAN LTD.Shut InHale County, TX33.844057-102.013754
42-189-30454PRESTON 1OCCIDENTAL PERMIAN LTD.Permitted LocationHale County, TX33.845445-102.026399
42-189-30461PRESTON 1OCCIDENTAL PERMIAN LTD.ProducingHale County, TX33.845495-102.026397
42-189-30474PRESTON 2OCCIDENTAL PERMIAN LTD.Shut InHale County, TX33.840765-102.027061

Leases included in Preston

Lease #Lease NameOperatorCounty
8A-64643PRESTON "B"OCCIDENTAL PERMIAN LTD.Hale County, TX
8A-65004PRESTONOCCIDENTAL PERMIAN LTD.Hale County, TX
8A-68735PRESTONOCCIDENTAL PERMIAN LTD.Hale County, TX

Operators Associated With Preston

Nearby Properties

These are the closest 11 properties to the Preston property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Anton-Irish Clearfork UnitLamb County, TX76,369 BBLs193,869 MCFAug 2025
EasonHale County, TX0 BBLs0 MCFApr 2025
HufstedlerHale County, TX0 BBLs0 MCFMar 2015
IrishHale County, TX0 BBLs0 MCFApr 2020
LancasterLamb County, TX806 BBLs273 MCFAug 2025
MarrLubbock County, TX857 BBLs173 MCFAug 2025
Murray A. BLubbock County, TX1,423 BBLs0 MCFJul 2025
Murray Alberta BLubbock County, TX944 BBLs0 MCFAug 2025
MyattHale County, TX1,125 BBLs2,718 MCFAug 2025
RollinsfordHale County, TX241 BBLs2,727 MCFAug 2025
SneadHale County, TX225 BBLs753 MCFAug 2025

Companies in the Area

These are the closest 6 companies operating near the Preston property.

Company Name
Amoco Production Company
B & B Operating Company
Citation Oil & Gas Corp
Leclair Operating, L.L.C.
Occidental Permian LTD.
White Rock Oil & Gas, LLC

Owners of Preston

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025OCCIDENTAL PERMIAN LIMITEDPRESTONOCCIDENTAL PERMIAN LTD
2025OCCIDENTAL PERMIAN LIMITEDPRESTONOCCIDENTAL PERMIAN LTD
2025POPLIN CHARLES CPRESTONOCCIDENTAL PERMIAN LTD
2025ACKERMAN NORMAN WPRESTONOCCIDENTAL PERMIAN LTD
2025KAVANAUGH MATTHEW WHITNEYPRESTONOCCIDENTAL PERMIAN LTD
2025CORCORAN MARIAN RPRESTONOCCIDENTAL PERMIAN LTD
2025SIMPSON MILES SHOREPRESTONOCCIDENTAL PERMIAN LTD
2025NUNEMAKER MAYPRESTONOCCIDENTAL PERMIAN LTD
Displaying 8 of 646 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Preston

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
8A-68735PRESTONApr 2025OCCIDENTAL ENERGY MARKETING, INC.OCCIDENTAL PERMIAN LTD.
8A-68735PRESTONMar 2025OCCIDENTAL ENERGY MARKETING, INC.OCCIDENTAL PERMIAN LTD.
8A-68735PRESTONMar 2025OCCIDENTAL ENERGY MARKETING, INC.OCCIDENTAL PERMIAN LTD.
8A-68735PRESTONFeb 2025OCCIDENTAL ENERGY MARKETING, INC.OCCIDENTAL PERMIAN LTD.
8A-68735PRESTONJan 2025OCCIDENTAL ENERGY MARKETING, INC.OCCIDENTAL PERMIAN LTD.
8A-68735PRESTONJan 2025OCCIDENTAL ENERGY MARKETING, INC.OCCIDENTAL PERMIAN LTD.
8A-68735PRESTONDec 2024OCCIDENTAL ENERGY MARKETING, INC.OCCIDENTAL PERMIAN LTD.
8A-68735PRESTONDec 2024OCCIDENTAL ENERGY MARKETING, INC.OCCIDENTAL PERMIAN LTD.
8A-68735PRESTONNov 2024OCCIDENTAL ENERGY MARKETING, INC.OCCIDENTAL PERMIAN LTD.
8A-68735PRESTONNov 2024OCCIDENTAL ENERGY MARKETING, INC.OCCIDENTAL PERMIAN LTD.
8A-68735PRESTONOct 2024OCCIDENTAL ENERGY MARKETING, INC.OCCIDENTAL PERMIAN LTD.
8A-68735PRESTONOct 2024OCCIDENTAL ENERGY MARKETING, INC.OCCIDENTAL PERMIAN LTD.
8A-68735PRESTONSep 2024OCCIDENTAL ENERGY MARKETING, INC.OCCIDENTAL PERMIAN LTD.
8A-68735PRESTONSep 2024OCCIDENTAL ENERGY MARKETING, INC.OCCIDENTAL PERMIAN LTD.
8A-68735PRESTONAug 2024OCCIDENTAL ENERGY MARKETING, INC.OCCIDENTAL PERMIAN LTD.
8A-68735PRESTONAug 2024OCCIDENTAL ENERGY MARKETING, INC.OCCIDENTAL PERMIAN LTD.
8A-68735PRESTONJul 2024OCCIDENTAL ENERGY MARKETING, INC.OCCIDENTAL PERMIAN LTD.
8A-68735PRESTONJul 2024OCCIDENTAL ENERGY MARKETING, INC.OCCIDENTAL PERMIAN LTD.
8A-68735PRESTONJun 2024OCCIDENTAL ENERGY MARKETING, INC.OCCIDENTAL PERMIAN LTD.
8A-68735PRESTONJun 2024OCCIDENTAL ENERGY MARKETING, INC.OCCIDENTAL PERMIAN LTD.
8A-68735PRESTONMay 2024OCCIDENTAL ENERGY MARKETING, INC.OCCIDENTAL PERMIAN LTD.
8A-68735PRESTONMay 2024OCCIDENTAL ENERGY MARKETING, INC.OCCIDENTAL PERMIAN LTD.
8A-68735PRESTONApr 2024OCCIDENTAL ENERGY MARKETING, INC.OCCIDENTAL PERMIAN LTD.
8A-68735PRESTONApr 2024OCCIDENTAL ENERGY MARKETING, INC.OCCIDENTAL PERMIAN LTD.
8A-68735PRESTONMar 2024OCCIDENTAL ENERGY MARKETING, INC.OCCIDENTAL PERMIAN LTD.