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JOHNSON 54-2-38 LOV

Johnson 54-2-38 Lov is an oil lease in Loving County, Texas, operated by Pdeh LLC in the Phantom (Wolfcamp) field.

1 well

11,561bbl oil, last 12 months−69% vs prior year
Operator
Pdeh LLC
County
Loving County
Field
Phantom (Wolfcamp)
RRC lease
08-48971

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Where it sits

This county

Loving CountyLovingWinklerWardLoving County
Loving County
Gas, last 12 months
29,118 mcf
Oil in Jul 2026
238 bbl

Production by month

Oil output fell 69% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 69% over the last 12 monthsMonthly oil production and gas for JOHNSON 54-2-38 LOV, Aug 2023 to Jul 2026. Oil output fell 69% over the last 12 months. 11,561 bbl in the 12 months through Jul 2026, against 37,533 bbl in the 12 months before.Last 12 months: 11,561 bblbbl per monthmcf per month002,0005,0004,00010k6,00015k8,00020kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 69% over the last 12 monthsMonthly oil production and gas for JOHNSON 54-2-38 LOV, Aug 2023 to Jul 2026. Oil output fell 69% over the last 12 months. 11,561 bbl in the 12 months through Jul 2026, against 37,533 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002,0005,0004,00010k6,00015k8,00020kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

98% of the gas went to a processing plant in the last 12 months

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
98% of the gas went to a processing plant in the last 12 monthsShare of JOHNSON 54-2-38 LOV gas by disposition code each month, Aug 2023 to Jul 2026. 98% 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
98% of the gas went to a processing plant in the last 12 monthsShare of JOHNSON 54-2-38 LOV gas by disposition code each month, Aug 2023 to Jul 2026. 98% 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.

  • Processing plant (3)

    98% · 28,532 mcf

  • Lease fuel (1)

    1.6% · 468 mcf

  • Flared (4)

    0.4% · 118 mcf

0.4% of the gas flared in the last 12 months. No month above 3%.

Who has run this lease

The operator changed once, most recently in Sep 2021

Operators of this lease over timeShell Western E&P, Jan 2020 to Aug 2021; Pdeh LLC, Sep 2021 to Jul 20262020202120222023202420252026Changed Sep 2021Shell Western E&PJan 2020 to Aug 2021Pdeh LLCSep 2021 to now
Operators of this lease over timeShell Western E&P, Jan 2020 to Aug 2021; Pdeh LLC, Sep 2021 to Jul 20262020202120222023202420252026Changed Sep 2021Shell Western E&PJan 2020 to Aug 2021Pdeh LLCSep 2021 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on JOHNSON 54-2-38 LOV
API numberWell no.Status
42-301-329872HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Plains Marketing, L.p.OilGathers100May 1, 2023–
Energy Transfer CompanyCasinghead gasBuys100May 1, 2023–
Delaware Basin Midstream LLCCasinghead gasGathers100May 1, 2023–
Delaware Basin Jv Gathering LLCCasinghead gasGathers100Dec 22, 2016May 1, 2023
Shell Energy North Am. (Us), LPCasinghead gasBuys100Dec 22, 2016May 1, 2023
Shell Western E&POilGathers100Dec 22, 2016May 1, 2023

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

Who buys my oilOil price check

654.56 acres on the newest permit

Check your decimal on this lease
Permits for Johnson 54-2-38 Lov
API numberWell no.Acreson the permit
42-301-329872H654.56

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

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for JOHNSON 54-2-38 LOV
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Pdeh LLC2382867107013$80.46$2.89
Jun 2026Pdeh LLC1,7221,6784,1254,04821$84.81$3.15
May 2026Pdeh LLC4674579409235$102.13$2.94
Apr 2026Pdeh LLC43771121100$100.32$2.77
Mar 2026Pdeh LLC1,0401,0422,6422,59512$91.38$3.04
Feb 2026Pdeh LLC8488522,0381,9997$64.51$3.62
Jan 2026Pdeh LLC8828871,5601,51711$60.04$7.72
Dec 2025Pdeh LLC9759912,6472,60510$57.97$4.26
Nov 2025Pdeh LLC1,2961,3053,4453,37211$60.06$3.79
Oct 2025Pdeh LLC1,3931,3933,6123,53112$60.89$3.19
Sep 2025Pdeh LLC1,3531,3473,7353,65413$63.96$2.97
Aug 2025Pdeh LLC1,3041,3643,5523,47713$64.86$2.91
Jul 2025Pdeh LLC2,4542,4166,9926,86925$68.39$3.20
Jun 2025Pdeh LLC1,9311,9585,2985,23014$68.17$3.02
May 2025Pdeh LLC2,4102,3936,8706,77621$62.17$3.12
Apr 2025Pdeh LLC2,4152,4835,9305,84023$63.54$3.42
Mar 2025Pdeh LLC3,7963,7849,4639,30532$68.24$4.12
Feb 2025Pdeh LLC3,1643,1848,5638,43523$71.53$4.19
Jan 2025Pdeh LLC3,6523,6489,6549,50029$75.74$4.13
Dec 2024Pdeh LLC4,3654,40511,21311,09632$70.12$3.01
Nov 2024Pdeh LLC5,2715,36612,91612,75539$69.95$2.12
Oct 2024Pdeh LLC7,8037,51117,55617,32868$71.99$2.20
Sep 2024Pdeh LLC2722608388312$70.24$2.28
Aug 2024Pdeh LLC048000$76.68$1.99
Jul 2024Pdeh LLC1,3221,3203,8833,84414$81.80$2.07
Jun 2024Pdeh LLC1,1711,1873,9083,87313$79.77$2.54
May 2024Pdeh LLC1,3931,3894,5274,48311$80.02$2.12
Apr 2024Pdeh LLC1,2061,1874,4124,3658$85.35$1.60
Mar 2024Pdeh LLC9569774,7214,6867$81.28$1.49
Feb 2024Pdeh LLC1,2541,2654,3324,29110$77.25$1.72
Jan 2024Pdeh LLC1,3341,3084,5864,52313$74.15$3.18
Dec 2023Pdeh LLC1,1911,2094,6114,55315$71.90$2.52
Nov 2023Pdeh LLC1,4481,4484,8564,79911$77.69$2.71
Oct 2023Pdeh LLC1,5641,5675,4685,40316$85.64$2.98
Sep 2023Pdeh LLC1,7551,7515,2795,18822$89.43$2.64
Aug 2023Pdeh LLC1,4801,4605,2835,19018$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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Nearby

This lease belongs to

OperatorPdeh LLCFieldPhantom (Wolfcamp)CountyLoving County

Pdeh LLC in Loving County

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Phantom (Wolfcamp) field

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