Preston

Oil Property in Wichita County, TX

Property Summary

Key data points for Preston

CountyWichita County, TX
Production DatesApr 2007 - Sep 2024
Total Oil Production78,468 BBLs
Total Gas Production0 MCF
Recent Oil Production625 BBLs in Aug 2024
Recent Gas Production0 MCF in Aug 2024
Wells on Property10

Our Valuation Estimates for Preston

ShaleAssessment

$7,283 *

MarketMultiple

$31,120 **

* 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 Sep 2024

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 LLCProducingWichita 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 LLCProducingWichita 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, TX339 BBLs0 MCFSep 2024
BradleyWichita County, TX1,763 BBLs0 MCFSep 2024
BrogdonWichita County, TX137 BBLs0 MCFSep 2024
CampbellWichita County, TX205 BBLs0 MCFSep 2024
ChiltonWichita County, TX185 BBLs0 MCFSep 2024
CullumWichita County, TX128 BBLs0 MCFSep 2024
Douglas Mineral TrustWichita County, TX593 BBLs0 MCFSep 2024
Feldman D. DWichita County, TX28 BBLs0 MCFSep 2024
GriffinWichita County, TX88 BBLs0 MCFSep 2024
HamiltonWichita County, TX517 BBLs0 MCFSep 2024
James EstateWichita County, TX71 BBLs0 MCFSep 2024
K M A Southwest Extension UnitWichita County, TX512 BBLs0 MCFSep 2024
Kma Waterflood-Southwest UnitArcher County, TX9,929 BBLs0 MCFSep 2024
Lakeland RanchWichita County, TX59 BBLs0 MCFSep 2024
N.C. GriffinWichita County, TX145 BBLs0 MCFSep 2024
PettitWichita County, TX264 BBLs0 MCFSep 2024
Reilly-GriffinWichita County, TX239 BBLs0 MCFSep 2024
SauderWichita County, TX951 BBLs0 MCFSep 2024
State LeaseWichita County, TX159 BBLs0 MCFSep 2024
Texfel Petroleum CorpWichita County, TX517 BBLs0 MCFSep 2024

Owners of Preston

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024R2Q OPERATING LLCPRESTON #9R2Q OPERATING LLC
2024R2Q OPERATING LLCPRESTON #9R2Q OPERATING LLC
2024R2Q OPERATING LLCPRESTON #3R2Q OPERATING LLC
2024R2Q OPERATING LLCPRESTON #4R2Q OPERATING LLC
2024CARLSON ROYALTY CO LLCPRESTON #4R2Q OPERATING LLC
2024CARLSON ROYALTY CO LLCPRESTON #3R2Q OPERATING LLC
2024HOLLOMON THADDEUS VA EST TRUSTPRESTON #3R2Q OPERATING LLC
2024HOLLOMON V ALEN REVOCABLE TRPRESTON #3R2Q OPERATING LLC
Displaying 8 of 108 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
09-32159PRESTONAug 2024PHILLIPS 66 COMPANYR2Q OPERATING LLC
09-33623PRESTONJul 2024PHILLIPS 66 COMPANYR2Q OPERATING LLC
09-32159PRESTONJun 2024PHILLIPS 66 COMPANYR2Q OPERATING LLC
09-33623PRESTONJun 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
09-32159PRESTONApr 2023VITOL INC.R2Q OPERATING LLC
09-32159PRESTONMar 2023VITOL INC.R2Q OPERATING LLC
09-32159PRESTONFeb 2023VITOL INC.R2Q OPERATING LLC
09-32159PRESTONJan 2023VITOL INC.R2Q OPERATING LLC
09-32159PRESTONDec 2022VITOL INC.R2Q OPERATING LLC
09-32159PRESTONNov 2022VITOL INC.R2Q OPERATING LLC
09-32159PRESTONOct 2022VITOL INC.R2Q OPERATING LLC
09-32159PRESTONSep 2022VITOL INC.R2Q OPERATING LLC
09-32159PRESTONAug 2022VITOL INC.R2Q OPERATING LLC