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Texas oil lease

Producing

OXTAIL 54-2-40 LOV UNIT

Oxtail 54-2-40 Lov Unit is an oil lease in Loving County, Texas, operated by Pdeh LLC in the Phantom (Wolfcamp) field.

4 wells

259,107bbl oil, last 12 months0% vs prior year
Operator
Pdeh LLC
County
Loving County
Field
Phantom (Wolfcamp)
RRC lease
08-56894

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Where it sits

This county

Loving CountyLovingWinklerWardLoving County
Loving County
Gas, last 12 months
832,312 mcf
Oil in Jul 2026
17,565 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 OXTAIL 54-2-40 LOV UNIT, Aug 2023 to Jul 2026. Oil output held steady over the last 12 months. 259,107 bbl in the 12 months through Jul 2026, against 260,272 bbl in the 12 months before.Last 12 months: 259,107 bblbbl per monthmcf per month0010k25k20k50k30k75k40k100k50k125kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output held steady over the last 12 monthsMonthly oil production and gas for OXTAIL 54-2-40 LOV UNIT, Aug 2023 to Jul 2026. Oil output held steady over the last 12 months. 259,107 bbl in the 12 months through Jul 2026, against 260,272 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0010k25k20k50k30k75k40k100k50k125kJan 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 OXTAIL 54-2-40 LOV UNIT 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 OXTAIL 54-2-40 LOV UNIT 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% · 819,545 mcf

  • Lease fuel (1)

    1.2% · 10,080 mcf

  • Flared (4)

    0.3% · 2,687 mcf

0.3% of the gas flared in the last 12 months. No month above 3%.

4 wells on this lease

Wells on OXTAIL 54-2-40 LOV UNIT
API numberWell no.Status
42-301-354953HActive
42-301-354962HActive
42-301-354971HActive
42-301-370904501HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Conocophillips CompanyOilGathers100Aug 20, 2021
Eagleclaw Midstream Ventures,llcCasinghead gasBuys100Aug 20, 2021
Crestwood Permian Basin LLCCasinghead gasGathers100Aug 20, 2021

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

Who buys my oilOil price check

1,308.12 acres on the newest permit

  • Good to know

    The wells on this lease state different acreage

    The permits state between 1,308.12 and 1,308.32 acres. Use the acres from your own division order for the well you are paid on.

Check your decimal on this lease
Permits for Oxtail 54-2-40 Lov Unit
API numberWell no.Acreson the permit
42-301-370904501H1,308.12
42-301-354953H1,308.32
42-301-354962H1,308.32
42-301-354971H1,308.32

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

Unit decimal checker

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36 months, newest first

Ledger for OXTAIL 54-2-40 LOV UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202617,56517,70054,94254,244225$80.46$2.89
Jun 202619,63819,53361,32960,448245$84.81$3.15
May 202621,36321,35067,62266,813250$102.13$2.94
Apr 202615,95516,18452,22051,503150$100.32$2.77
Mar 202621,70621,97270,61869,627259$91.38$3.04
Feb 202622,76122,65673,07372,036187$64.51$3.62
Jan 202619,41319,50866,40765,452239$60.04$7.72
Dec 202521,07521,07167,29666,398209$57.97$4.26
Nov 202520,53120,86964,44363,293174$60.06$3.79
Oct 202526,12426,11183,72182,193233$60.89$3.19
Sep 202525,11625,19680,87879,376242$63.96$2.97
Aug 202527,86027,95589,76388,162274$64.86$2.91
Jul 202529,17528,83592,79091,328299$68.39$3.20
Jun 202525,65125,72482,87081,972183$68.17$3.02
May 202525,81225,91680,71779,707226$62.17$3.12
Apr 202533,18433,48699,33898,107317$63.54$3.42
Mar 202537,53537,104113,374111,815316$68.24$4.12
Feb 202524,80024,07078,27977,274180$71.53$4.19
Jan 20259,8699,95829,16528,75078$75.74$4.13
Dec 202414,35814,32044,28443,901104$70.12$3.01
Nov 202413,04813,17041,40641,00996$69.95$2.12
Oct 202416,42216,44747,54247,061144$71.99$2.20
Sep 202415,34715,20846,98246,581105$70.24$2.28
Aug 202415,07115,13546,76646,354119$76.68$1.99
Jul 202416,30816,38047,78447,305172$81.80$2.07
Jun 202416,72916,89848,92548,430179$79.77$2.54
May 202418,64518,68654,74654,155143$80.02$2.12
Apr 202418,05517,96650,76950,068118$85.35$1.60
Mar 202419,37219,48351,85851,145139$81.28$1.49
Feb 202418,61418,72046,78446,188142$77.25$1.72
Jan 202418,71618,48246,53345,655184$74.15$3.18
Dec 202320,44820,49655,82654,827256$71.90$2.52
Nov 202318,70818,76755,15854,429136$77.69$2.71
Oct 202321,55921,45058,92058,022218$85.64$2.98
Sep 202320,42120,59653,51252,458253$89.43$2.64
Aug 202322,40622,36959,60658,197270$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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