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Texas oil lease

Producing

ELKHORN 54-1-40

Elkhorn 54-1-40 is an oil lease in Loving County, Texas, operated by Anadarko E&P Onshore LLC in the Phantom (Wolfcamp) field.

2 wells

11,836bbl oil, last 12 months−3% vs prior year
RRC lease
08-47304

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Where it sits

This county

Loving CountyLovingWinklerWardLoving County
Loving County
Gas, last 12 months
85,964 mcf
Oil in Jul 2026
1,073 bbl

Production by month

Oil output held steady over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output held steady over the last 12 monthsMonthly oil production and gas for ELKHORN 54-1-40, Aug 2023 to Jul 2026. Oil output held steady over the last 12 months. 11,836 bbl in the 12 months through Jul 2026, against 12,197 bbl in the 12 months before.Last 12 months: 11,836 bblbbl per monthmcf per month005005,0001,00010k1,50015k2,00020kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output held steady over the last 12 monthsMonthly oil production and gas for ELKHORN 54-1-40, Aug 2023 to Jul 2026. Oil output held steady over the last 12 months. 11,836 bbl in the 12 months through Jul 2026, against 12,197 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005005,0001,00010k1,50015k2,00020kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to a processing plant in the last 12 months

All of the gas went to a processing plant in the last 12 monthsShare of ELKHORN 54-1-40 gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a processing plant in the last 12 monthsShare of ELKHORN 54-1-40 gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant in the last 12 months.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

2 wells on this lease

Wells on ELKHORN 54-1-40
API numberWell no.Status
42-301-326402HActive
42-301-327153HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Dbm Oil Services LLCOilGathers50Jul 1, 2023–
Anadarko E&P Onshore LLCOilGathers25Jan 1, 2023–
Eastex Crude Company, LLCOilGathers25Jul 1, 2023–
Anadarko Energy Services CompanyCasinghead gasBuys100Aug 26, 2015–
Delaware Basin Midstream LLCCasinghead gasGathers100Jul 1, 2023–
Delaware Basin Jv Gathering LLCCasinghead gasGathers100Aug 26, 2015Jul 1, 2023
Dbm Oil Services, LLCOilGathers25Jan 1, 2023Jul 1, 2023
Eastex Crude Company, LLCOilGathers50Jan 1, 2023Jul 1, 2023
Dbm Oil Services, LLCOilGathers34Sep 1, 2018Jan 1, 2023
Eastex Crude CompanyOilGathers33Sep 1, 2018Jan 1, 2023
Lion Oil Trading & Trans, LLCOilGathers33Sep 1, 2018Jan 1, 2023

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

647.89 acres on the newest permit

Permits for Elkhorn 54-1-40
API numberWell no.Acreson the permit
42-301-327153H647.89
42-301-326402H647.89

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

What Occidental Petroleum Corporation told investors it received

Anadarko E&P Onshore LLC is linked to Occidental Petroleum Corporation (OXY).
Realized prices reported by Occidental Petroleum Corporation
QuarterOil$ per bblFiling
Q2 2026$96.78SEC filing
Q1 2026$69.91SEC filing
Q4 2025$58.99SEC filing
Q3 2025$64.78SEC filing
Q2 2025$63.76SEC filing
Q1 2025$71.07SEC filing

SourceOccidental Petroleum Corporation quarterly reports, SEC EDGAR, company-wide averages before hedging.

Estimate your royalty

36 months, newest first

Ledger for ELKHORN 54-1-40
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20261,0731,0735,3265,3260$80.46$2.89
Jun 20261,0411,0445,0795,0790$84.81$3.15
May 20261,0821,0965,8775,8770$102.13$2.94
Apr 20261,1571,1306,1996,1990$100.32$2.77
Mar 202670474912,78012,7800$91.38$3.04
Feb 20261,0571,0197,3137,3130$64.51$3.62
Jan 20269359446,9606,9600$60.04$7.72
Dec 20251,3071,2888,4828,4820$57.97$4.26
Nov 20258268357,0777,0770$60.06$3.79
Oct 20258708587,2747,2740$60.89$3.19
Sep 20257938165,9635,9630$63.96$2.97
Aug 20259919817,6347,6340$64.86$2.91
Jul 20251,3011,3036,6446,6440$68.39$3.20
Jun 20251,1271,1385,9365,9360$68.17$3.02
May 20251,2211,2164,4174,4170$62.17$3.12
Apr 20251,2071,2048,0058,0050$63.54$3.42
Mar 20251,3271,3296,8666,8660$68.24$4.12
Feb 20251,4821,4747,0867,0860$71.53$4.19
Jan 20251,1451,1385,7545,7540$75.74$4.13
Dec 20241,1731,1696,2066,2060$70.12$3.01
Nov 20241,1181,1116,9506,9500$69.95$2.12
Oct 20249659416,6886,6880$71.99$2.20
Sep 202426293633630$70.24$2.28
Aug 2024105136000$76.68$1.99
Jul 20241,2621,2523,8423,8420$81.80$2.07
Jun 20241,0431,0223,0863,0860$79.77$2.54
May 202490875815810$80.02$2.12
Apr 2024001,8721,8720$85.35$1.60
Mar 202404000$81.28$1.49
Feb 202410810415150$77.25$1.72
Jan 202402000$74.15$3.18
Dec 20235755000$71.90$2.52
Nov 20233039000$77.69$2.71
Oct 20233193612,5172,5170$85.64$2.98
Sep 20231,3711,3781,7901,7900$89.43$2.64
Aug 20231,9431,9315,6075,6070$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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