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Texas oil lease

Producing

WHEAT 1-59 LOV UNIT 2

Wheat 1-59 Lov Unit 2 is an oil lease in Loving County, Texas, operated by Pdeh LLC in the Phantom (Wolfcamp) field.

3 wells

11,541bbl oil, last 12 months−47% vs prior year
Operator
Pdeh LLC
RRC lease
08-45556

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Where it sits

This county

Loving CountyLovingWinklerWardLoving County
Loving County
Gas, last 12 months
33,345 mcf
Oil in Jul 2026
1,148 bbl

Production by month

Oil output fell 47% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 47% over the last 12 monthsMonthly oil production and gas for WHEAT 1-59 LOV UNIT 2, Aug 2023 to Jul 2026. Oil output fell 47% over the last 12 months. 11,541 bbl in the 12 months through Jul 2026, against 21,825 bbl in the 12 months before.Last 12 months: 11,541 bblbbl per monthmcf per month001,0002,5002,0005,0003,0007,5004,00010kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 47% over the last 12 monthsMonthly oil production and gas for WHEAT 1-59 LOV UNIT 2, Aug 2023 to Jul 2026. Oil output fell 47% over the last 12 months. 11,541 bbl in the 12 months through Jul 2026, against 21,825 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001,0002,5002,0005,0003,0007,5004,00010kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Over 99% of the gas went to a processing plant in the last 12 months

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
Over 99% of the gas went to a processing plant in the last 12 monthsShare of WHEAT 1-59 LOV UNIT 2 gas by disposition code each month, Aug 2023 to Jul 2026. Over 99% 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
Over 99% of the gas went to a processing plant in the last 12 monthsShare of WHEAT 1-59 LOV UNIT 2 gas by disposition code each month, Aug 2023 to Jul 2026. Over 99% 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)

    100% · 33,232 mcf

  • Flared (4)

    0.3% · 105 mcf

  • Lease fuel (1)

    0.0% · 8 mcf

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

Who has run this lease

The operator changed once, most recently in Sep 2021

Operators of this lease over timeShell Western E&P, Jan 2020 to Aug 2021; Pdeh LLC, Sep 2021 to Jul 20262020202120222023202420252026Changed Sep 2021Shell Western E&PJan 2020 to Aug 2021Pdeh LLCSep 2021 to now
Operators of this lease over timeShell Western E&P, Jan 2020 to Aug 2021; Pdeh LLC, Sep 2021 to Jul 20262020202120222023202420252026Changed Sep 2021Shell Western E&PJan 2020 to Aug 2021Pdeh LLCSep 2021 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

3 wells on this lease

Wells on WHEAT 1-59 LOV UNIT 2
API numberWell no.Status
42-301-319761HActive
42-301-323093HShut-in
42-301-323812HSShut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Plains Marketing, L.p.OilGathers100May 1, 2023–
Shell Energy North Am. (Us), LPCasinghead gasBuys100Aug 20, 2013–
Delaware Basin Midstream LLCCasinghead gasGathers100May 1, 2023–
Delaware Basin Jv Gathering LLCCasinghead gasGathers100Aug 20, 2013May 1, 2023
Plains Marketing, L.p.OilGathers25Jun 29, 2017May 1, 2023
Shell Trading (Us) CompanyOilGathers50Apr 1, 2015May 1, 2023
Shell Western E&POilGathers25Jun 29, 2017May 1, 2023

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

325.06 acres on the newest permit

  • Good to know

    The wells on this lease state different acreage

    The permits state between 325.06 and 325.09 acres. Use the acres from your own division order for the well you are paid on.

  • Worth asking

    A Rule 37 case is listed

    The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.

Check your decimal on this lease
Permits for Wheat 1-59 Lov Unit 2
API numberWell no.Acreson the permit
42-301-323093H325.06
42-301-323812HS325.06
42-301-319761H325.09

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

Estimate your royalty

36 months, newest first

Ledger for WHEAT 1-59 LOV UNIT 2
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Pdeh LLC1,1481,1315,5035,47622$80.46$2.89
Jun 2026Pdeh LLC1,0791,0722,4572,43421$84.81$3.15
May 2026Pdeh LLC8438402,3722,35913$102.13$2.94
Apr 2026Pdeh LLC9689951,5311,5238$100.32$2.77
Mar 2026Pdeh LLC1,1801,1922,6332,6249$91.38$3.04
Feb 2026Pdeh LLC1,3541,3003,4063,3987$64.51$3.62
Jan 2026Pdeh LLC922191871861$60.04$7.72
Dec 2025Pdeh LLC9648573,3333,3276$57.97$4.26
Nov 2025Pdeh LLC9999733,0733,0685$60.06$3.79
Oct 2025Pdeh LLC1,1121,1403,0923,0866$60.89$3.19
Sep 2025Pdeh LLC8648672,7182,7135$63.96$2.97
Aug 2025Pdeh LLC9389453,0403,0382$64.86$2.91
Jul 2025Pdeh LLC1,0861,1183,0563,0560$68.39$3.20
Jun 2025Pdeh LLC1,0441,0183,3303,3291$68.17$3.02
May 2025Pdeh LLC2,3562,3525,9965,9941$62.17$3.12
Apr 2025Pdeh LLC2,1032,1516,0086,0052$63.54$3.42
Mar 2025Pdeh LLC2,2122,1654,9194,9162$68.24$4.12
Feb 2025Pdeh LLC1,3491,5024,7394,7381$71.53$4.19
Jan 2025Pdeh LLC2,1662,1776,5106,5045$75.74$4.13
Dec 2024Pdeh LLC1,8241,8205,8335,8258$70.12$3.01
Nov 2024Pdeh LLC1,6581,6437,4537,44111$69.95$2.12
Oct 2024Pdeh LLC1,4761,4916,8076,8007$71.99$2.20
Sep 2024Pdeh LLC1,8721,8845,8605,8572$70.24$2.28
Aug 2024Pdeh LLC2,6792,6515,2075,2051$76.68$1.99
Jul 2024Pdeh LLC1,9861,9866,3996,3971$81.80$2.07
Jun 2024Pdeh LLC1,8451,8315,9805,9781$79.77$2.54
May 2024Pdeh LLC8819541,9681,9671$80.02$2.12
Apr 2024Pdeh LLC1,5891,4176,0075,99017$85.35$1.60
Mar 2024Pdeh LLC1,9442,0778,0178,00013$81.28$1.49
Feb 2024Pdeh LLC1,9541,9335,9225,9098$77.25$1.72
Jan 2024Pdeh LLC1,8651,7546,1876,17110$74.15$3.18
Dec 2023Pdeh LLC1,7381,7716,2086,1986$71.90$2.52
Nov 2023Pdeh LLC1,3471,4376,0456,0357$77.69$2.71
Oct 2023Pdeh LLC2,0372,1118,7798,76212$85.64$2.98
Sep 2023Pdeh LLC2,0241,9847,8847,8709$89.43$2.64
Aug 2023Pdeh LLC2,2112,0666,7376,620110$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

Leases within 10 km

Drilling permits within 10 km

  • WHITE OAK 53-2 E #4553H

    new drill · horizontal · Pdeh LLC · Loving County · 9.4 km

    Permit 0918846 · Sep 25, 2026

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    Permit 0918849 · Sep 25, 2026

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    Permit 0918844 · Sep 24, 2026

  • WHITE OAK 53-2 H #4542H

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    Permit 0918838 · Sep 24, 2026

  • WHITE OAK 53-2 G #4541H

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    Permit 0918836 · Sep 24, 2026