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Texas oil lease

Producing

CENTURION 53-2 UNIT

Centurion 53-2 Unit is an oil lease in Loving County, Texas, operated by Pdeh LLC in the Phantom (Wolfcamp) field.

5 wells

761,470bbl oil, last 12 months
Operator
Pdeh LLC
RRC lease
08-63756

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Gas, last 12 months
4,105,775 mcf
Oil in Aug 2026
87,747 bbl
First check

Production started January 2026; the first check is due by about May 31, 2026 (estimate).

When is my first royalty check due?

Wells on this lease and around it

Where the state's map puts this lease's 5 wells, and what has been drilled or permitted within about 2 miles of them.
Map of the Centurion 53-2 Unit lease in Loving County, Texas: its 5 wells ringed, among 329 wells and 32 recent drilling locations in a picture about 6 miles across.
  • This lease5Its wells, ringed on the map: all producing
  • Drilling locations32Permits issued in the last two years
  • Producing wells182On a lease reporting production now
  • Not producing95Shut in, inactive or no lease on record
  • Plugged52The state's wellbore record says plugged

The 5 ringed dots are this lease's wells, each where the Railroad Commission's map puts it. The other dots are wells and drilling permits of the last 24 months on the land around it; the counts are for everything in the picture, which is about 6 miles across. The thin brown lines are the original land surveys; where there is room, a survey carries its abstract number, the number deeds and division orders cite. Sources: Railroad Commission of Texas well layers, drilling permit files and survey lines.

See the whole Texas well map

A one-page map of this lease to print, for a lawyer, a buyer or a probate file.

Use this map on your site

You may show this map on any site, unchanged. Keep the credit line and its link to Royalty Clerk under the map. The picture updates by itself as the state records new wells and permits.

Download the picture (WebP)
<a href="https://royaltyclerk.com/texas/leases/centurion-53-2-unit-08-63756"><img src="https://royaltyclerk.com/maps/lease-wells/centurion-53-2-unit-08-63756.svg" alt="Map of the Centurion 53-2 Unit lease in Loving County, Texas: its 5 wells ringed, among 329 wells and 32 recent drilling locations in a picture about 6 miles across." width="1000" height="951" loading="lazy" style="max-width:100%;height:auto;border:0"></a>
<p style="margin:4px 0 0;font-size:14px">Map: <a href="https://royaltyclerk.com/texas/leases/centurion-53-2-unit-08-63756">Wells on the Centurion 53-2 Unit lease, Loving County, Texas</a> by Royalty Clerk, from Railroad Commission of Texas records</p>

Other leases named Centurion 53-2 Unit

3 leases share this name in district 08. The Railroad Commission gives each gas well its own number and each oil lease another, so one unit often shows up as several of these.

Production by month

Oil output since Mar 2025

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output since Mar 2025Monthly oil production and gas for CENTURION 53-2 UNIT, Mar 2025 to Aug 2026. Oil output since Mar 2025. Monthly average of 96,767 bbl in the latest 3 months, against 0 bbl in the first 3.Last 12 months: 761,470 bblbbl per monthmcf per month0025k200k50k400k75k600k100k800k125k1MApr 25JulOctJan 26AprJul
Oil output since Mar 2025Monthly oil production and gas for CENTURION 53-2 UNIT, Mar 2025 to Aug 2026. Oil output since Mar 2025. Monthly average of 96,767 bbl in the latest 3 months, against 0 bbl in the first 3.Last 12 monthsbbl per monthmcf per month0025k200k50k400k75k600k100k800k125k1MJul 25Jan 26Jul

SourceTexas Railroad Commission Production Data Query, through Aug 2026.

From the state record

What owners ask about Centurion 53-2 Unit

When is the check for August 2026 due?
August 2026 is the newest month the state has posted for this lease. Texas law gives the payor until 60 days after the end of the sale month for oil and 90 for gas: the oil by Oct 30, 2026 and the gas by Nov 29, 2026, unless the lease sets another time.
Source: Railroad Commission production reports; Texas Natural Resources Code §91.402.
See your next three checks
Which Texas production tax rate applies?
The Texas Comptroller lists no approved exemption or reduced rate for this lease for August 2026, so the full 4.6% on oil and 7.5% on gas applies.
Source: Texas Comptroller, approved severance tax exemptions.
Check the tax on your stub
Who buys the oil and gas?
Oil: Pdeh LLC gathers it. Gas from oil wells: Conocophillips Company buys it; Energy Transfer Company gathers it. The buyer's price is what a royalty check is figured on.
Source: Railroad Commission Form P-4, gatherers and purchasers.
See every buyer and past buyers
How many 1099s should an owner expect for 2025?
One company, Pdeh LLC, filed this lease's reports behind every 2025 check, so most owners get one form. The operator is not always the company that pays, so go by the name on the stubs.
Source: Railroad Commission production reports, operator of record by month.
Check your 1099 against it

33 years of state records, 1993–2026

CENTURION 53-2 UNIT since 2025

We read every monthly report the Railroad Commission holds, back to January 1993. This lease first reported in March 2025. It filed 18 monthly reports through August 2026.

Sold since 2025

$78.8 million

What the whole lease’s oil and gas sold for at each month’s public prices, before tax and the operator’s deductions. A royalty owner’s share is their decimal of it.

A relative owned a share? See what it earned after they died
Oil sold
758,762 bbl
Gas sold
4,072,194 mcf
Best year
2026$78.8 million sold
Last report
Aug 2026First: Mar 2025

Its best year was 2026: $78.8 million of oil and gas sold

Each bar is what the lease’s oil and gas sold for that year, at that month’s prices. 2026 is only part of a year in the records, drawn lighter.

  • Oil
  • Gas
Its best year was 2026: $78.8 million of oil and gas soldCenturion 53-2 Unit: oil and gas sold each year from 2025 to 2026, at each month's prices. Its best year was 2026: $78.8 million of oil and gas sold.Sold each year, at each month’s prices$0$20M$40M$60M$80MPeak 2026: $79M20252026
Its best year was 2026: $78.8 million of oil and gas soldCenturion 53-2 Unit: oil and gas sold each year from 2025 to 2026, at each month's prices. Its best year was 2026: $78.8 million of oil and gas sold.Sold each year, at each month’s prices$0$20M$40M$60M$80MPeak 2026: $79M'25'26

SourceTexas Railroad Commission Production Data Query, every monthly report since January 1993; EIA monthly WTI and Henry Hub prices (before 1997, EIA's yearly Texas natural gas wellhead price), through August 2026.

Every year as a table
Centurion 53-2 Unit: oil and gas sold each year
YearMonthsOil sold, bblGas sold, mcfSold for
2026 *8758,7624,072,194$78,815,593
20251000$0

* Part of the year: the records run through August 2026.

Where the gas went

99% of the gas went to a processing plant in the 8 months reported

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
99% of the gas went to a processing plant in the 8 months reportedShare of CENTURION 53-2 UNIT gas by disposition code each month, Mar 2025 to Aug 2026. 99% of the gas went to a processing plant in the 8 months reported.Share of the lease’s gas by disposition code, per month0%50%100%Apr 25JulOctJan 26AprJul
99% of the gas went to a processing plant in the 8 months reportedShare of CENTURION 53-2 UNIT gas by disposition code each month, Mar 2025 to Aug 2026. 99% of the gas went to a processing plant in the 8 months reported.Share of gas by disposition code0%50%100%Jul 25Jan 26Jul

SourceTexas Railroad Commission Production Data Query, through Aug 2026.

  • Processing plant (3)

    99% · 4,072,194 mcf

  • Lease fuel (1)

    0.6% · 24,190 mcf

  • Flared (4)

    0.2% · 9,391 mcf

0.2% of the gas flared in the 8 months reported. No month above 3%.

5 wells on this lease

Wells on CENTURION 53-2 UNIT
API numberWellStatusCompleted
42-301-37050Centurion 53-2 Unit 3913HActiveMay 4, 2025
42-301-37051Centurion 53-2 Unit 3902HActiveApr 21, 2025
42-301-37054Centurion 53-2 Unit 3911HActiveMar 15, 2025
42-301-37055Centurion 53-2 Unit 3912HActiveMar 29, 2025
42-301-37056Centurion 53-2 Unit 3901HActiveApr 11, 2025

SourceTexas Railroad Commission production records and full wellbore file.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Pdeh LLCOilGathers100Mar 15, 2025
Conocophillips CompanyCasinghead gasBuys100Mar 15, 2025
Energy Transfer CompanyCasinghead gasGathers100Mar 15, 2025

SourceRailroad Commission Form P-4 file, Oct 24, 2026 (source).

1,309.84 acres on the newest permit

Permits for Centurion 53-2 Unit
API numberWell no.Acreson the permit
42-301-370503913H1,309.84
42-301-370513902H1,309.84
42-301-370543911H1,309.84
42-301-370553912H1,309.84
42-301-370563901H1,309.84

SourceRailroad Commission drilling permits, Oct 31, 2026 (source 1, source 2).

Estimate your royalty

18 months, newest first

Ledger for CENTURION 53-2 UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Aug 202687,74788,154454,146449,7321,884$83.90$2.78
Jul 2026111,478111,266596,329591,8991,427$80.46$2.89
Jun 202691,07590,787492,896488,8131,135$84.81$3.15
May 2026107,210108,391591,216587,1551,254$102.13$2.94
Apr 2026119,272119,554632,707627,3531,118$100.32$2.77
Mar 2026120,101120,175656,050650,5691,432$91.38$3.04
Feb 202694,82392,047513,190508,897774$64.51$3.62
Jan 202629,76428,388169,241167,776367$60.04$7.72
Dec 202500000$57.97$4.26
Nov 202500000$60.06$3.79
Oct 202500000$60.89$3.19
Sep 202500000$63.96$2.97
Aug 202500000$64.86$2.91
Jul 202500000$68.39$3.20
Jun 202500000$68.17$3.02
May 202500000$62.17$3.12
Apr 202500000$63.54$3.42
Mar 202500000$68.24$4.12

SourceTexas Railroad Commission Production Data Query, through Aug 2026. Prices: EIA, through Oct 2026. Updated Oct 30, 2026.

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Nearby

Pdeh LLC in Loving County

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Phantom (Wolfcamp) field

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Leases within 10 km

Drilling permits within 10 km