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Texas oil lease

Producing

WHEAT 1-60 LOV

Wheat 1-60 Lov is an oil lease in Loving County, Texas, operated by Pdeh LLC in the Phantom (Wolfcamp) field.

3 wells

9,280bbl oil, last 12 months+9% vs prior year
Operator
Pdeh LLC
RRC lease
08-44648

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Where it sits

This county

Loving CountyLovingWinklerWardLoving County
Loving County
Gas, last 12 months
18,913 mcf
Oil in Jul 2026
385 bbl

Production by month

Oil output rose 9% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 9% over the last 12 monthsMonthly oil production and gas for WHEAT 1-60 LOV, Aug 2023 to Jul 2026. Oil output rose 9% over the last 12 months. 9,280 bbl in the 12 months through Jul 2026, against 8,538 bbl in the 12 months before.Last 12 months: 9,280 bblbbl per monthmcf per month005001,0001,0002,0001,5003,0002,0004,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 9% over the last 12 monthsMonthly oil production and gas for WHEAT 1-60 LOV, Aug 2023 to Jul 2026. Oil output rose 9% over the last 12 months. 9,280 bbl in the 12 months through Jul 2026, against 8,538 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005001,0001,0002,0001,5003,0002,0004,000Jan 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 1-60 LOV 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 1-60 LOV 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% · 18,832 mcf

  • Flared (4)

    0.4% · 78 mcf

  • Lease fuel (1)

    0.0% · 3 mcf

0.4% 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 1-60 LOV
API numberWell no.Status
42-301-319922HActive
42-301-319941HActive
42-301-323344HShut-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 gasBuys100Oct 8, 2013–
Delaware Basin Midstream LLCCasinghead gasGathers100May 1, 2023–
Delaware Basin Jv Gathering LLCCasinghead gasGathers100Oct 8, 2013May 1, 2023
Plains Marketing, L.p.OilGathers50Apr 1, 2015May 1, 2023
Shell Western E&POilGathers50Apr 1, 2015May 1, 2023

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

326.93 acres on the newest permit

  • Good to know

    The wells on this lease state different acreage

    The permits state between 326.93 and 327.21 acres. Use the acres from your own division order for the well you are paid on.

Check your decimal on this lease
Permits for Wheat 1-60 Lov
API numberWell no.Acreson the permit
42-301-323344H326.93
42-301-319922H327.21
42-301-319941H326.94

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

Estimate your royalty

36 months, newest first

Ledger for WHEAT 1-60 LOV
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Pdeh LLC3851626966877$80.46$2.89
Jun 2026Pdeh LLC50746487085910$84.81$3.15
May 2026Pdeh LLC9689382,2642,24915$102.13$2.94
Apr 2026Pdeh LLC9441,1122,0342,0268$100.32$2.77
Mar 2026Pdeh LLC2671808498472$91.38$3.04
Feb 2026Pdeh LLC8588821,5921,5884$64.51$3.62
Jan 2026Pdeh LLC8838121,6331,6249$60.04$7.72
Dec 2025Pdeh LLC9399052,1252,1196$57.97$4.26
Nov 2025Pdeh LLC1,0089942,0402,0355$60.06$3.79
Oct 2025Pdeh LLC1,1311,1652,0302,0246$60.89$3.19
Sep 2025Pdeh LLC8128091,8051,8005$63.96$2.97
Aug 2025Pdeh LLC5785969759741$64.86$2.91
Jul 2025Pdeh LLC011000$68.39$3.20
Jun 2025Pdeh LLC4564407137130$68.17$3.02
May 2025Pdeh LLC00000$62.17$3.12
Apr 2025Pdeh LLC2673662842840$63.54$3.42
Mar 2025Pdeh LLC1,6151,5372,3142,3131$68.24$4.12
Feb 2025Pdeh LLC8599691,5931,5921$71.53$4.19
Jan 2025Pdeh LLC1,5471,5632,2862,2824$75.74$4.13
Dec 2024Pdeh LLC1,5921,5702,2672,2607$70.12$3.01
Nov 2024Pdeh LLC8818801,9011,8956$69.95$2.12
Oct 2024Pdeh LLC1,0281,0112,3022,2975$71.99$2.20
Sep 2024Pdeh LLC2532533583580$70.24$2.28
Aug 2024Pdeh LLC4049110$76.68$1.99
Jul 2024Pdeh LLC8868811,9471,9461$81.80$2.07
Jun 2024Pdeh LLC5283971,2921,2920$79.77$2.54
May 2024Pdeh LLC8211046460$80.02$2.12
Apr 2024Pdeh LLC1782003053032$85.35$1.60
Mar 2024Pdeh LLC9509362,1812,1736$81.28$1.49
Feb 2024Pdeh LLC4925021,0401,0372$77.25$1.72
Jan 2024Pdeh LLC5775831,3921,3873$74.15$3.18
Dec 2023Pdeh LLC9188342,7382,7333$71.90$2.52
Nov 2023Pdeh LLC9031,0032,6112,6045$77.69$2.71
Oct 2023Pdeh LLC1,3631,3152,0792,0688$85.64$2.98
Sep 2023Pdeh LLC206564694671$89.43$2.64
Aug 2023Pdeh LLC26834880679213$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

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Drilling permits within 10 km

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    Permit 0918838 · Sep 24, 2026

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    Permit 0918842 · Sep 24, 2026

  • WHITE OAK 53-2 G #4541H

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    Permit 0918836 · Sep 24, 2026