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Texas oil lease

Producing

OXTAIL 54-2-40 SB UNIT

Oxtail 54-2-40 SB Unit is an oil lease in Loving County, Texas, operated by Pdeh LLC in the Sandbar (Bone Spring) field.

1 well

31,973bbl oil, last 12 months−51% vs prior year
Operator
Pdeh LLC
RRC lease
08-59102

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Where it sits

This county

Loving CountyLovingWinklerWardLoving County
Loving County
Gas, last 12 months
67,305 mcf
Oil in Jul 2026
2,576 bbl

Production by month

Oil output fell 51% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 51% over the last 12 monthsMonthly oil production and gas for OXTAIL 54-2-40 SB UNIT, Aug 2023 to Jul 2026. Oil output fell 51% over the last 12 months. 31,973 bbl in the 12 months through Jul 2026, against 65,022 bbl in the 12 months before.Last 12 months: 31,973 bblbbl per monthmcf per month005,00020k10k40k15k60k20k80k25k100kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 51% over the last 12 monthsMonthly oil production and gas for OXTAIL 54-2-40 SB UNIT, Aug 2023 to Jul 2026. Oil output fell 51% over the last 12 months. 31,973 bbl in the 12 months through Jul 2026, against 65,022 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005,00020k10k40k15k60k20k80k25k100kJan 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

Flaring peaked at 5.6% of the gas in Jan 2025.

  • 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 SB 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. Flaring peaked at 5.6% of the gas in Jan 2025.Share of the lease’s gas by disposition code, per month0%50%100%Flared 5.6%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
98% of the gas went to a processing plant in the last 12 monthsShare of OXTAIL 54-2-40 SB 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. Flaring peaked at 5.6% of the gas in Jan 2025.Share of gas by disposition code0%50%100%Flared 5.6%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    98% · 65,630 mcf

  • Lease fuel (1)

    2.0% · 1,348 mcf

  • Flared (4)

    0.5% · 327 mcf

0.5% of the gas flared in the last 12 months. 2 months above 3%.

1 well on this lease

Wells on OXTAIL 54-2-40 SB UNIT
API numberWell no.Status
42-301-359204HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Plains Marketing, L.p.OilGathers100Dec 7, 2022
Eagleclaw Midstream Ventures,llcCasinghead gasBuys100Dec 7, 2022
Crestwood Permian Basin LLCCasinghead gasGathers100Dec 7, 2022

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

1,308.32 acres on the newest permit

Permits for Oxtail 54-2-40 SB Unit
API numberWell no.Acreson the permit
42-301-359204H1,308.32

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

Estimate your royalty

36 months, newest first

Ledger for OXTAIL 54-2-40 SB UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20262,5762,6007,2127,11033$80.46$2.89
Jun 20263,0082,9889,3079,17337$84.81$3.15
May 20263,1193,0725,7445,62636$102.13$2.94
Apr 20269169361,3851,3439$100.32$2.77
Mar 20261,4471,3985,9795,91317$91.38$3.04
Feb 2026001,1891,1890$64.51$3.62
Jan 2026911110$60.04$7.72
Dec 202534169540$57.97$4.26
Nov 20252,8512,9885,0464,88724$60.06$3.79
Oct 20255,3935,42211,74911,43448$60.89$3.19
Sep 20255,7885,8279,7139,36756$63.96$2.97
Aug 20256,8326,6589,9759,58367$64.86$2.91
Jul 20253,2833,1435,0804,91534$68.39$3.20
Jun 202561667396754$68.17$3.02
May 20251,7941,9001,5891,51916$62.17$3.12
Apr 20254,7854,82912,99112,81346$63.54$3.42
Mar 20255,4135,40113,88813,66346$68.24$4.12
Feb 20254,6264,43210,85010,66234$71.53$4.19
Jan 202560583790645$75.74$4.13
Dec 20246,7256,8767,7567,57649$70.12$3.01
Nov 202410,35910,33122,20121,88577$69.95$2.12
Oct 20249,8469,87926,47926,19186$71.99$2.20
Sep 20249,6149,45425,35425,10266$70.24$2.28
Aug 20247,3567,37117,18016,97958$76.68$1.99
Jul 20247,5237,61519,76219,54179$81.80$2.07
Jun 20249,1999,39730,37530,10299$79.77$2.54
May 202412,60212,67841,63041,23097$80.02$2.12
Apr 202413,20813,14046,60146,08787$85.35$1.60
Mar 202414,10814,21956,11755,598101$81.28$1.49
Feb 202414,18014,25955,48455,030108$77.25$1.72
Jan 202414,23114,17654,41553,747140$74.15$3.18
Dec 202318,79618,78267,96867,050235$71.90$2.52
Nov 202315,87616,02353,42352,803116$77.69$2.71
Oct 202320,71620,62871,17970,316210$85.64$2.98
Sep 202320,05320,06767,43566,400248$89.43$2.64
Aug 202318,23518,49558,89857,751220$81.39$2.58

Flared above 3%

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

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Nearby

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Drilling permits within 10 km

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