Preston Elizabeth

Oil & Gas Property in Johnson County, TX

  2. Texas
  3. Johnson County, TX
  4. Oil & Gas Properties in Johnson County, TX
  5. Preston Elizabeth Oil & Gas Property

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Property Summary

Key data points for Preston Elizabeth

CountyJohnson County, TX
OperatorFORMENTERA OPERATIONS LLC
Production DatesJul 2006 - Jun 2026
Total Oil Production2 BBLs
Total Gas Production13,234,864 MCF
Recent Oil Production0 BBLs in May 2026
Recent Gas Production29,752 MCF in May 2026
Wells on Property5

Our Valuation Estimates for Preston Elizabeth

ShaleAssessment™

$108,662 *

MarketMultiple™

$158,788 **

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

Based on a decimal interest

Preston Elizabeth Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Preston Elizabeth
from Jul 2006 to Jun 2026

Wells on Preston Elizabeth

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-251-30706PRESTON ELIZABETH 1FORMENTERA OPERATIONS LLCProducingJohnson County, TX32.411199-97.279868
42-251-34474PRESTON ELIZABETH 2HFORMENTERA OPERATIONS LLCProducingJohnson County, TX32.416671-97.286344
42-251-34475PRESTON ELIZABETH 3HFORMENTERA OPERATIONS LLCProducingJohnson County, TX32.416705-97.286301
42-251-34476PRESTON ELIZABETH 5HFORMENTERA OPERATIONS LLCProducingJohnson County, TX32.417802-97.284343
42-251-34477PRESTON ELIZABETH 6HFORMENTERA OPERATIONS LLCProducingJohnson County, TX32.417798-97.284279

Leases included in Preston Elizabeth

Lease #Lease NameOperatorCountyMonthly Gas Prod.
09-224573PRESTON ELIZABETH 1FORMENTERA OPERATIONS LLCJohnson County, TX
09-267019PRESTON ELIZABETH 2HFORMENTERA OPERATIONS LLCJohnson County, TX
09-267021PRESTON ELIZABETH 3HFORMENTERA OPERATIONS LLCJohnson County, TX
09-267025PRESTON ELIZABETH 5HFORMENTERA OPERATIONS LLCJohnson County, TX
09-267026PRESTON ELIZABETH 6HFORMENTERA OPERATIONS LLCJohnson County, TX

Nearby Properties

These are the closest 20 properties to the Preston Elizabeth property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Abshire WilliamJohnson County, TX0 BBLs3,840 MCFJun 2026
AdamsJohnson County, TX0 BBLs5,716 MCFMay 2026
AuroraJohnson County, TX0 BBLs8,261 MCFJun 2026
BarronJohnson County, TX0 BBLs34,205 MCFMay 2026
Bussey ThomasJohnson County, TX0 BBLs21,790 MCFJun 2026
CaldwellJohnson County, TX0 BBLs3,761 MCFMay 2026
CullisonJohnson County, TX0 BBLs0 MCFApr 2026
DarbyJohnson County, TX0 BBLs25,375 MCFJun 2026
Davis-Bussey (Sa)Johnson County, TX0 BBLs28,899 MCFJun 2026
DeclevaJohnson County, TX0 BBLs12,226 MCFJun 2026
GriswellJohnson County, TX0 BBLs14,466 MCFJun 2026
KenahJohnson County, TX0 BBLs35,806 MCFJun 2026
Nowlin Billie MarieJohnson County, TX0 BBLs23,558 MCFJun 2026
Preston-Scarberry (Sa)Johnson County, TX0 BBLs14,757 MCFJun 2026
Stoner Family PartnersJohnson County, TX0 BBLs16,261 MCFJun 2026
ThompsonJohnson County, TX0 BBLs2,559 MCFJun 2026
Tindall-Uysaler (Sa)Johnson County, TX0 BBLs25,523 MCFJun 2026
Uysaler AhmetJohnson County, TX0 BBLs16,922 MCFJun 2026
Walls WoodyJohnson County, TX0 BBLs13,724 MCFJun 2026
WebbJohnson County, TX0 BBLs6,948 MCFJun 2026

Companies in the Area

These are the closest 18 companies operating near the Preston Elizabeth property.

Company Name
Atlas Barnett, LLC
BKV Barnett II, LLC
BKV North Texas, LLC
Burnett Oil Co Inc
Chesapeake Operating, Inc.
Cumming Company, Inc. The
Devon Energy Production Company, L.P.
Eagleridge Operating, LLC
EOG Resources Inc
Faulconer Energy, LLC
Formentera Operations LLC
Four Sevens Operating Co., LTD.
North Texas Llano Operating Corp
Sage Natural Resources LLC
Tep Barnett USA, LLC
Upp Operating, LLC
Williams Prod. Gulf Coast, L.P.
XTO Energy Inc.

Frac'ing activity on Preston Elizabeth

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-251-34474Elizabeth Preston 2H
42-251-34475Elizabeth Preston 3H
42-251-34476Elizabeth Preston 5H
42-251-34477Elizabeth Preston 6H

Owners of Preston Elizabeth

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2026FORMENTERA OPERATIONS LLCPRESTON, ELIZABETH 6HFORMENTERA OPE
2026FORMENTERA OPERATIONS LLCPRESTON, ELIZABETH 3HFORMENTERA OPE
2026FORMENTERA OPERATIONS LLCPRESTON, ELIZABETH 2HFORMENTERA OPE
2026FORMENTERA OPERATIONS LLCPRESTON, ELIZABETH 5HFORMENTERA OPE
2026HOMER LADON W & MARY ANNPRESTON, ELIZABETH 6HFORMENTERA OPE
2026HOMER LADON W & MARY ANNPRESTON, ELIZABETH 3HFORMENTERA OPE
2026HOMER LADON W & MARY ANNPRESTON, ELIZABETH 2HFORMENTERA OPE
2026VINCENT GENNA ESTATEPRESTON, ELIZABETH 6HFORMENTERA OPE
Displaying 8 of 435 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Preston Elizabeth

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
09-224573PRESTON ELIZABETH 1May 2026ONEOK GAS MARKETING, L.P.FORMENTERA OPERATIONS LLC
09-267019PRESTON ELIZABETH 2HMay 2026ONEOK GAS MARKETING, L.P.FORMENTERA OPERATIONS LLC
09-267021PRESTON ELIZABETH 3HMay 2026ONEOK GAS MARKETING, L.P.FORMENTERA OPERATIONS LLC
09-267025PRESTON ELIZABETH 5HMay 2026ONEOK GAS MARKETING, L.P.FORMENTERA OPERATIONS LLC
09-267026PRESTON ELIZABETH 6HMay 2026ONEOK GAS MARKETING, L.P.FORMENTERA OPERATIONS LLC
09-224573PRESTON ELIZABETH 1Apr 2026ONEOK GAS MARKETING, L.P.FORMENTERA OPERATIONS LLC
09-267019PRESTON ELIZABETH 2HApr 2026ONEOK GAS MARKETING, L.P.FORMENTERA OPERATIONS LLC
09-267021PRESTON ELIZABETH 3HApr 2026ONEOK GAS MARKETING, L.P.FORMENTERA OPERATIONS LLC
09-267025PRESTON ELIZABETH 5HApr 2026ONEOK GAS MARKETING, L.P.FORMENTERA OPERATIONS LLC
09-267026PRESTON ELIZABETH 6HApr 2026ONEOK GAS MARKETING, L.P.FORMENTERA OPERATIONS LLC
09-224573PRESTON ELIZABETH 1Mar 2026ONEOK GAS MARKETING, L.P.FORMENTERA OPERATIONS LLC
09-267019PRESTON ELIZABETH 2HMar 2026ONEOK GAS MARKETING, L.P.FORMENTERA OPERATIONS LLC
09-267021PRESTON ELIZABETH 3HMar 2026ONEOK GAS MARKETING, L.P.FORMENTERA OPERATIONS LLC
09-267025PRESTON ELIZABETH 5HMar 2026ONEOK GAS MARKETING, L.P.FORMENTERA OPERATIONS LLC
09-267026PRESTON ELIZABETH 6HMar 2026ONEOK GAS MARKETING, L.P.FORMENTERA OPERATIONS LLC
09-224573PRESTON ELIZABETH 1Feb 2026ONEOK GAS MARKETING, L.P.FORMENTERA OPERATIONS LLC
09-267019PRESTON ELIZABETH 2HFeb 2026ONEOK GAS MARKETING, L.P.FORMENTERA OPERATIONS LLC
09-267021PRESTON ELIZABETH 3HFeb 2026ONEOK GAS MARKETING, L.P.FORMENTERA OPERATIONS LLC
09-267025PRESTON ELIZABETH 5HFeb 2026ONEOK GAS MARKETING, L.P.FORMENTERA OPERATIONS LLC
09-267026PRESTON ELIZABETH 6HFeb 2026ONEOK GAS MARKETING, L.P.FORMENTERA OPERATIONS LLC
09-224573PRESTON ELIZABETH 1Jan 2026JAVELIN ENERGY PARTNERS MANAGEMENT LLC
09-267019PRESTON ELIZABETH 2HJan 2026JAVELIN ENERGY PARTNERS MANAGEMENT LLC
09-267021PRESTON ELIZABETH 3HJan 2026JAVELIN ENERGY PARTNERS MANAGEMENT LLC
09-267025PRESTON ELIZABETH 5HJan 2026JAVELIN ENERGY PARTNERS MANAGEMENT LLC
09-267026PRESTON ELIZABETH 6HJan 2026JAVELIN ENERGY PARTNERS MANAGEMENT LLC