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Texas oil lease

Producing

OWENS 1-75 LOV UNIT

Owens 1-75 Lov Unit is an oil lease in Loving County, Texas, operated by Pdeh LLC in the Phantom (Wolfcamp) field.

1 well

941bbl oil, last 12 months−6% vs prior year
Operator
Pdeh LLC
RRC lease
08-45388

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Where it sits

This county

Loving CountyLovingWinklerWardLoving County
Loving County
Gas, last 12 months
2,547 mcf
Oil in Jul 2026
759 bbl

Production by month

Oil output fell 6% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 6% over the last 12 monthsMonthly oil production and gas for OWENS 1-75 LOV UNIT, Aug 2023 to Jul 2026. Oil output fell 6% over the last 12 months. 941 bbl in the 12 months through Jul 2026, against 1,000 bbl in the 12 months before.Last 12 months: 941 bblbbl per monthmcf per month005001,0001,0002,0001,5003,0002,0004,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 6% over the last 12 monthsMonthly oil production and gas for OWENS 1-75 LOV UNIT, Aug 2023 to Jul 2026. Oil output fell 6% over the last 12 months. 941 bbl in the 12 months through Jul 2026, against 1,000 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005001,0001,0002,0001,5003,0002,0004,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Jun 2026 the lease's gas goes to a processing plant instead of lease fuel

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
Since Jun 2026 the lease's gas goes to a processing plant instead of lease fuelShare of OWENS 1-75 LOV UNIT gas by disposition code each month, Aug 2023 to Jul 2026. Since Jun 2026 the lease's gas goes to a processing plant instead of lease fuel.Share of the lease’s gas by disposition code, per month0%50%100%Jun 2026: fuel to plantOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Jun 2026 the lease's gas goes to a processing plant instead of lease fuelShare of OWENS 1-75 LOV UNIT gas by disposition code each month, Aug 2023 to Jul 2026. Since Jun 2026 the lease's gas goes to a processing plant instead of lease fuel.Share of gas by disposition code0%50%100%Jun 26: fuel to plantJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    91% · 31,006 mcf

  • Lease fuel (1)

    8.4% · 2,854 mcf

  • Flared (4)

    0.2% · 68 mcf

0.2% 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 OWENS 1-75 LOV UNIT
API numberWell no.Status
42-301-319172HShut-in

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–
Shell Energy North Am. (Us), LPCasinghead gasBuys100Jul 23, 2013–
Delaware Basin Midstream LLCCasinghead gasGathers100May 1, 2023–
Delaware Basin Jv Gathering LLCCasinghead gasGathers100Jul 23, 2013May 1, 2023
Eastex Crude Company, LLCOilGathers50Jan 1, 2023May 1, 2023
Shell Trading (Us) CompanyOilGathers50Apr 1, 2015May 1, 2023
Eastex Crude CompanyOilGathers25Aug 1, 2017Jan 1, 2023
Shell Western E&POilGathers25Aug 1, 2017Jan 1, 2023

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

330.06 acres on the newest permit

Permits for Owens 1-75 Lov Unit
API numberWell no.Acreson the permit
42-301-319172H330.06

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

Estimate your royalty

36 months, newest first

Ledger for OWENS 1-75 LOV UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Pdeh LLC7598852,3732,35515$80.46$2.89
Jun 2026Pdeh LLC18201741704$84.81$3.15
May 2026Pdeh LLC00000$102.13$2.94
Apr 2026Pdeh LLC00000$100.32$2.77
Mar 2026Pdeh LLC00000$91.38$3.04
Feb 2026Pdeh LLC00000$64.51$3.62
Jan 2026Pdeh LLC00000$60.04$7.72
Dec 2025Pdeh LLC00000$57.97$4.26
Nov 2025Pdeh LLC00000$60.06$3.79
Oct 2025Pdeh LLC00000$60.89$3.19
Sep 2025Pdeh LLC00000$63.96$2.97
Aug 2025Pdeh LLC00000$64.86$2.91
Jul 2025Pdeh LLC00000$68.39$3.20
Jun 2025Pdeh LLC00000$68.17$3.02
May 2025Pdeh LLC00000$62.17$3.12
Apr 2025Pdeh LLC00000$63.54$3.42
Mar 2025Pdeh LLC00000$68.24$4.12
Feb 2025Pdeh LLC0121000$71.53$4.19
Jan 2025Pdeh LLC00000$75.74$4.13
Dec 2024Pdeh LLC00000$70.12$3.01
Nov 2024Pdeh LLC00000$69.95$2.12
Oct 2024Pdeh LLC00000$71.99$2.20
Sep 2024Pdeh LLC018000$70.24$2.28
Aug 2024Pdeh LLC1,0009982,83600$76.68$1.99
Jul 2024Pdeh LLC1,2091,2083,5153,5141$81.80$2.07
Jun 2024Pdeh LLC1,0929852,9742,9731$79.77$2.54
May 2024Pdeh LLC1,3191,4453,4993,4981$80.02$2.12
Apr 2024Pdeh LLC1,3361,2593,1183,10414$85.35$1.60
Mar 2024Pdeh LLC1,1681,1413,0243,0148$81.28$1.49
Feb 2024Pdeh LLC1,1731,2172,7482,7405$77.25$1.72
Jan 2024Pdeh LLC1,2481,3122,8612,8507$74.15$3.18
Dec 2023Pdeh LLC1,4611,4133,4783,4705$71.90$2.52
Nov 2023Pdeh LLC1,4171,4263,3283,3187$77.69$2.71
Oct 2023Pdeh LLC1,2191,2811,9911,9817$85.64$2.98
Sep 2023Pdeh LLC1,3681,2613,6473,6376$89.43$2.64
Aug 2023Pdeh LLC1,2591,2653,0673,00162$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

Leases within 10 km

Drilling permits within 10 km

  • WHITE OAK 53-2 I #4543H

    new drill · horizontal · Pdeh LLC · Loving County · 4.9 km

    Permit 0918849 · Sep 25, 2026

  • WHITE OAK 53-2 E #4553H

    new drill · horizontal · Pdeh LLC · Loving County · 4.9 km

    Permit 0918846 · Sep 25, 2026

  • WHITE OAK 53-2 G #4541H

    new drill · horizontal · Pdeh LLC · Loving County · 5.2 km

    Permit 0918836 · Sep 24, 2026

  • WHITE OAK 53-2 J #4544H

    new drill · horizontal · Pdeh LLC · Loving County · 4.9 km

    Permit 0918844 · Sep 24, 2026

  • WHITE OAK 53-2 H #4542H

    new drill · horizontal · Pdeh LLC · Loving County · 5.2 km

    Permit 0918838 · Sep 24, 2026