GELLER 54-2 SB UNIT
GELLER 54-2 SB UNIT is a Texas oil lease in Loving County, Railroad Commission district 08, operated by Pdeh LLC. It has 4 wellbores on file with the Commission. Reported production runs from June 2022 to August 2026, totalling 1,066,623 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 $16.7M, with roughly $5.3M 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 8,904 barrels a month, about 2,226 per wellbore. Its strongest month on the record we hold was October 2023, at 58,283 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 GELLER 54-2 SB UNIT
- Who operates GELLER 54-2 SB UNIT?
- GELLER 54-2 SB UNIT is operated by Pdeh LLC, Railroad Commission of Texas operator number 646827.
- Where is GELLER 54-2 SB UNIT?
- GELLER 54-2 SB UNIT is a Texas oil lease in Loving County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 57889.
- Is GELLER 54-2 SB UNIT still producing?
- GELLER 54-2 SB UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GELLER 54-2 SB UNIT is August 2026.
- How much has GELLER 54-2 SB UNIT produced?
- GELLER 54-2 SB UNIT has reported 1,066,623 barrels of oil (bbl) to the Railroad Commission of Texas between June 2022 and August 2026, from 4 wellbores.
- How much is GELLER 54-2 SB UNIT worth?
- The remaining production from GELLER 54-2 SB UNIT is estimated to be worth about $16.7M in total as of 26 August 2026, within a range of $13.9M to $19.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GELLER 54-2 SB UNIT is a fraction of it. The estimate fits an Arps decline curve to the production GELLER 54-2 SB UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GELLER 54-2 SB UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does GELLER 54-2 SB UNIT generate in a year?
- GELLER 54-2 SB UNIT is forecast to net about $5.3M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GELLER 54-2 SB UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Pdeh LLC |
|---|---|
| Field | Sandbar (Bone Spring) |
| County | Loving County, Texas |
| RRC district | 08 |
| Lease number | 57889 |
| Wellbores | 4 |
| Reported production | 1,066,623 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $16.7M |
Where GELLER 54-2 SB UNIT 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.