Preston

Oil Property in Wichita County, TX

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Property Summary

Key data points for Preston

CountyWichita County, TX
Production DatesApr 2007 - May 2026
Total Oil Production79,133 BBLs
Total Gas Production0 MCF
Recent Oil Production5 BBLs in May 2026
Recent Gas Production0 MCF in May 2026
Wells on Property10

Our Valuation Estimates for Preston

ShaleAssessment

$5,267 *

MarketMultiple

$1,383 **

* 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 Apr 2007 to May 2026

Wells on Preston

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-485-15305PRESTON TRACT 2 1STEPHENS & JOHNSON OPERATING CO.Plugged Oil WellWichita County, TX33.866483-98.896176
42-485-45087PRESTON 1TEXAS ENERGY OPERATIONS, LCPermitted LocationWichita County, TX33.880998-98.889999
42-485-45088PRESTON 2TEXAS ENERGY OPERATIONS, LCPermitted LocationWichita County, TX33.880505-98.891968
42-485-45106PRESTON 4R2Q OPERATING LLCProducingWichita County, TX33.880291-98.882623
42-485-45155PRESTON 5TEXAS ENERGY OPERATIONS, LCPermitted LocationWichita County, TX33.882134-98.882917
42-485-45742PRESTON 3R2Q OPERATING LLCShut InWichita County, TX33.878270-98.881944
42-485-45743PRESTON 6TEXAS ENERGY OPERATIONS, LCPermitted LocationWichita County, TX33.877189-98.886196
42-485-45753PRESTON 7TEXAS ENERGY OPERATIONS, LCPermitted LocationWichita County, TX33.879297-98.886598
42-485-45889PRESTON 8TEXAS ENERGY OPERATIONS, LCPermitted LocationWichita County, TX33.875520-98.892503
42-485-45890PRESTON 9R2Q OPERATING LLCShut InWichita County, TX33.875005-98.894590

Leases included in Preston

Lease #Lease NameOperatorCountyMonthly Oil Prod.
09-30822PRESTON TRACT 2STEPHENS & JOHNSON OPERATING CO.Wichita County, TX
09-32159PRESTONR2Q OPERATING LLCWichita County, TX
09-33623PRESTONR2Q OPERATING LLCWichita County, TX

Nearby Properties

These are the closest 20 properties to the Preston property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
BantaWichita County, TX376 BBLs0 MCFJun 2026
BradleyWichita County, TX1,908 BBLs0 MCFJun 2026
BrogdonWichita County, TX167 BBLs0 MCFJun 2026
CampbellWichita County, TX111 BBLs0 MCFJun 2026
ChiltonWichita County, TX128 BBLs0 MCFJun 2026
CullumWichita County, TX41 BBLs0 MCFMay 2026
Douglas Mineral TrustWichita County, TX444 BBLs0 MCFJun 2026
Feldman D. DWichita County, TX2 BBLs0 MCFJun 2026
GriffinWichita County, TX60 BBLs0 MCFJun 2026
HamiltonWichita County, TX113 BBLs0 MCFJun 2026
James EstateWichita County, TX62 BBLs0 MCFJun 2026
K M A Southwest Extension UnitWichita County, TX259 BBLs0 MCFJun 2026
Kma Waterflood-Southwest UnitArcher County, TX9,615 BBLs0 MCFJun 2026
Lakeland RanchWichita County, TX22 BBLs0 MCFJun 2026
N.C. GriffinWichita County, TX108 BBLs0 MCFJun 2026
PettitWichita County, TX267 BBLs0 MCFJun 2026
Reilly-GriffinWichita County, TX77 BBLs0 MCFMay 2026
SauderWichita County, TX2,297 BBLs0 MCFJun 2026
State LeaseWichita County, TX189 BBLs0 MCFJun 2026
Texfel Petroleum CorpWichita County, TX888 BBLs0 MCFJun 2026

Frac'ing activity on Preston

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-485-45742Preston #3
42-485-45742Preston #3
42-485-45742Preston #3
42-485-45890Preston #9

Owners of Preston

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2026R2Q OPERATING LLCPRESTON #9R2Q OPERATING LLC
2026R2Q OPERATING LLCPRESTON #3R2Q OPERATING LLC
2026R2Q OPERATING LLCPRESTON #4R2Q OPERATING LLC

Oil & Gas Sales on Preston

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
09-33623PRESTONJan 2026PHILLIPS 66 COMPANYR2Q OPERATING LLC
09-33623PRESTONAug 2025PHILLIPS 66 COMPANYR2Q OPERATING LLC
09-33623PRESTONJan 2025PHILLIPS 66 COMPANYR2Q OPERATING LLC
09-33623PRESTONDec 2024PHILLIPS 66 COMPANYR2Q OPERATING LLC
09-33623PRESTONNov 2024PHILLIPS 66 COMPANYR2Q OPERATING LLC
09-33623PRESTONOct 2024PHILLIPS 66 COMPANYR2Q OPERATING LLC
09-33623PRESTONSep 2024PHILLIPS 66 COMPANYR2Q OPERATING LLC
09-32159PRESTONSep 2024PHILLIPS 66 COMPANYR2Q OPERATING LLC
09-32159PRESTONAug 2024PHILLIPS 66 COMPANYR2Q OPERATING LLC
09-33623PRESTONAug 2024PHILLIPS 66 COMPANYR2Q OPERATING LLC
09-33623PRESTONJul 2024PHILLIPS 66 COMPANYR2Q OPERATING LLC
09-33623PRESTONJun 2024PHILLIPS 66 COMPANYR2Q OPERATING LLC
09-32159PRESTONJun 2024PHILLIPS 66 COMPANYR2Q OPERATING LLC
09-32159PRESTONMay 2024PHILLIPS 66 COMPANYR2Q OPERATING LLC
09-33623PRESTONMay 2024PHILLIPS 66 COMPANYR2Q OPERATING LLC
09-32159PRESTONApr 2024PHILLIPS 66 COMPANYR2Q OPERATING LLC
09-33623PRESTONFeb 2024PHILLIPS 66 COMPANYR2Q OPERATING LLC
09-33623PRESTONJan 2024PHILLIPS 66 COMPANYR2Q OPERATING LLC
09-33623PRESTONDec 2023PHILLIPS 66 COMPANYR2Q OPERATING LLC
09-32159PRESTONDec 2023PHILLIPS 66 COMPANYR2Q OPERATING LLC
09-33623PRESTONNov 2023PHILLIPS 66 COMPANYR2Q OPERATING LLC
09-33623PRESTONOct 2023PHILLIPS 66 COMPANYR2Q OPERATING LLC
09-32159PRESTONSep 2023PHILLIPS 66 COMPANYR2Q OPERATING LLC
09-32159PRESTONJun 2023VITOL INC.R2Q OPERATING LLC
09-32159PRESTONMay 2023VITOL INC.R2Q OPERATING LLC