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Data as of Jul 2026 production (Jun 2026–Jul 2026 provisional) · permits through Oct 14, 2026 · Source: Texas Railroad Commission · Methodology
Home / Operators / OXTAIL 54-2-40 LOV UNIT

OXTAIL 54-2-40 LOV UNIT

RRC oil lease 56894, district 10 · PHANTOM (WOLFCAMP) field · Loving County · operated by PDEH LLC

OXTAIL 54-2-40 LOV UNIT at a glance

Oil output in Mar 2026–May 2026 was down 39% from the same three months a year earlier. Over the last 12 months it reported 259,107 BBL of oil and 832,312 MCF of gas. In May 2026, the latest month not marked provisional, it reported 21,363 BBL and 67,622 MCF.

259.1KBBL oil, last 12 months■ 0% vs prior 12
832.3KMCF gas, last 12 months▲ 4% vs prior 12
$2,278.32est. gross royalty for May 2026 at decimal
8new permits in Loving County this month

Royalty = (21,363 BBL × $97.31 WTI, Sep 2026, EIA + 67,622 MCF × $2.95 Henry Hub, Sep 2026, EIA) × your decimal. 0.001 is only a placeholder: enter the decimal from your check stub or division order. Gross, before taxes and deductions. Full estimator →

Oil + condensate (BBL per month, last 36 months)

010K20K30K40KAug 23Feb 24Aug 24Feb 25Aug 25Feb 26

Gas (MCF per month, last 36 months)

0100K200KAug 23Feb 24Aug 24Feb 25Aug 25Feb 26

Jun 2026 and Jul 2026 are provisional (lighter bars) and usually rise as late reports arrive.

OXTAIL 54-2-40 LOV UNIT production history in brief

By oil-equivalent volume over the last 12 months, OXTAIL 54-2-40 LOV UNIT ranks #109 of 3,738 reporting leases in Loving County. It reported production in 34 of the 34 non-provisional months shown, starting in our window in Aug 2023. Its peak oil month in that window was Mar 2025 at 37,535 BBL. The lease is in the PHANTOM (WOLFCAMP) field and is operated by PDEH LLC; production is reported for the lease as a whole, not per well.

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New permits nearby

New drilling permits issued this month in Loving County. RRC production data has no lease coordinates, so we match by county.

IssuedOperatorLeaseWellDepth (ft)
2026-10-14VELOCITY WATER SOLUTIONS, LPCOWBELL SWD27,600
2026-10-13TRP OPERATING LLCJONES1D9,000
2026-10-09CIRCLE-S ENERGY, LLCLINDLEY 9221H10,800
2026-10-09CIRCLE-S ENERGY, LLCLINDLEY 9232H10,800
2026-10-08WPX ENERGY PERMIAN, LLCLIZZY STATE 23-26-28N312H14,000
2026-10-06WPX ENERGY PERMIAN, LLCLIZZY STATE 23-26-28G451H14,000
2026-10-06WPX ENERGY PERMIAN, LLCLIZZY STATE 23-26-28H452H14,000
2026-10-01PERMIAN RESOURCES OPERATING, LLCEL CAMPEON UNIT 3154H13,000

Monthly production

MonthOil (BBL)Gas (MCF)
Jul 2026 (provisional)17,56554,942
Jun 2026 (provisional)19,63861,329
May 202621,36367,622
Apr 202615,95552,220
Mar 202621,70670,618
Feb 202622,76173,073
Jan 202619,41366,407
Dec 202521,07567,296
Nov 202520,53164,443
Oct 202526,12483,721
Sep 202525,11680,878
Aug 202527,86089,763
Jul 202529,17592,790
Jun 202525,65182,870
May 202525,81280,717
Apr 202533,18499,338
Mar 202537,535113,374
Feb 202524,80078,279
Jan 20259,86929,165
Dec 202414,35844,284
Nov 202413,04841,406
Oct 202416,42247,542
Sep 202415,34746,982
Aug 202415,07146,766
Jul 202416,30847,784
Jun 202416,72948,925
May 202418,64554,746
Apr 202418,05550,769
Mar 202419,37251,858
Feb 202418,61446,784
Jan 202418,71646,533
Dec 202320,44855,826
Nov 202318,70855,158
Oct 202321,55958,920
Sep 202320,42153,512
Aug 202322,40659,606

Check these figures in the RRC Production Data Query (Specific Lease Query: district 10, lease 56894). Production is reported per lease, so a lease with several wells is not split by well.

Source: Texas Railroad Commission (data sets, Production Data Query). Data date: RRC Production Data Query dump, extract dated Sep 18, 2026; production through Jul 2026. Jun 2026 and Jul 2026 are provisional: operators file late and amend, so these months usually rise in later releases. Oil = crude oil + condensate (BBL); gas = gas-well gas + casinghead gas (MCF), as reported to RRC. Methodology.