UL 19 HEX DRAKE D
UL 19 HEX DRAKE D is a Texas oil lease in Loving County, Railroad Commission district 08, operated by Pdeh LLC. It has 1 wellbore on file with the Commission. Reported production runs from May 2024 to August 2026, totalling 38,427 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $3.9M, with roughly $864K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 1,130 barrels a month. Its strongest month on the record we hold was March 2025, at 3,774 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about UL 19 HEX DRAKE D
- Who operates UL 19 HEX DRAKE D?
- UL 19 HEX DRAKE D is operated by Pdeh LLC, Railroad Commission of Texas operator number 646827.
- Where is UL 19 HEX DRAKE D?
- UL 19 HEX DRAKE D is a Texas oil lease in Loving County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 63538.
- Is UL 19 HEX DRAKE D still producing?
- UL 19 HEX DRAKE D is currently producing. The most recent month of production reported to the Railroad Commission of Texas for UL 19 HEX DRAKE D is August 2026.
- How much has UL 19 HEX DRAKE D produced?
- UL 19 HEX DRAKE D has reported 38,427 barrels of oil (bbl) to the Railroad Commission of Texas between May 2024 and August 2026, from 1 wellbore.
- How much is UL 19 HEX DRAKE D worth?
- The remaining production from UL 19 HEX DRAKE D is estimated to be worth about $3.9M in total as of 26 August 2026, within a range of $3.3M to $4.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in UL 19 HEX DRAKE D is a fraction of it. The estimate fits an Arps decline curve to the production UL 19 HEX DRAKE D has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for UL 19 HEX DRAKE D is an estimate of value, not an offer and not an appraisal.
- How much income does UL 19 HEX DRAKE D generate in a year?
- UL 19 HEX DRAKE D is forecast to net about $864K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in UL 19 HEX DRAKE D receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Pdeh LLC |
|---|---|
| Field | Two Georges (Bone Spring) |
| County | Loving County, Texas |
| RRC district | 08 |
| Lease number | 63538 |
| Wellbores | 1 |
| Reported production | 38,427 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.9M |
Where UL 19 HEX DRAKE D sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.