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Texas oil lease

Producing

WHEAT, IDA M.

Wheat, Ida M. is an oil lease in Loving County, Texas, operated by Rodan, Inc. in the Wheat (Cherry Canyon) field.

2 wells

102bbl oil, last 12 months−87% vs prior year
Operator
Rodan, Inc.
RRC lease
08-29452

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Where it sits

This county

Loving CountyLovingWinklerWardLoving County
Loving County
Oil in May 2026
1 bbl
Reporting since
Jan 2020

Checks stopped on this lease?

  • Sales

    No sales reported for the last 10 months of state data (through Jul 2026).

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

See why checks stop on this lease

Production by month

Oil output fell 87% over the last 12 months

2 months were not reported.

  • Oil (bars)
  • Last 12 months
Oil output fell 87% over the last 12 monthsMonthly oil production for WHEAT, IDA M., Aug 2023 to Jul 2026. Oil output fell 87% over the last 12 months. 46 bbl in the 12 months through Jul 2026, against 363 bbl in the 12 months before.Last 12 months: 46 bblbbl per month050100150200Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 87% over the last 12 monthsMonthly oil production for WHEAT, IDA M., Aug 2023 to Jul 2026. Oil output fell 87% over the last 12 months. 46 bbl in the 12 months through Jul 2026, against 363 bbl in the 12 months before.Last 12 monthsbbl per month050100150200Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

No gas disposition reported for this lease

The operator has not reported where the gas went in the months we hold.

Who has run this lease

The operator changed once, most recently in May 2024

Operators of this lease over timeWheeler Energy, LLC, Jan 2020 to Apr 2024; Rodan, Inc., May 2024 to May 20262020202120222023202420252026Changed May 2024Wheeler Energy, LLCJan 2020 to Apr 2024Rodan, Inc.May 2024 to now
Operators of this lease over timeWheeler Energy, LLC, Jan 2020 to Apr 2024; Rodan, Inc., May 2024 to May 20262020202120222023202420252026Changed May 2024Wheeler Energy, LLCJan 2020 to Apr 2024Rodan, Inc.May 2024 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

2 wells on this lease

Wells on WHEAT, IDA M.
API numberWell no.Status
42-301-305451Active
42-301-310312Shut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Bml, Inc. BOilGathers100May 1, 2024–
Eastex Crude Company, LLCOilGathers100Jan 1, 2023May 1, 2024
Dcp Operating Company, LPCasinghead gasGathers100Apr 1, 2017Jan 1, 2023
Dcp Operating Company, LPCasinghead gasBuys100Apr 1, 2017Jan 1, 2023
Eastex Crude CompanyOilGathers100Nov 1, 2002Jan 1, 2023

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

80 acres on the newest permit

  • Good to know

    The wells on this lease state different acreage

    The permits state between 80 and 162 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, Ida M.
API numberWell no.Acreson the permit
42-301-31031280
42-301-305451162

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

Estimate your royalty

36 months, newest first

Ledger for WHEAT, IDA M.
MonthOil producedbblOil soldbblWTI$/bblHenry Hub$/MMBtu
Jul 2026No report––$80.46$2.89
Jun 2026No report––$84.81$3.15
May 2026Rodan, Inc.10$102.13$2.94
Apr 2026Rodan, Inc.20$100.32$2.77
Mar 2026Rodan, Inc.30$91.38$3.04
Feb 2026Rodan, Inc.10$64.51$3.62
Jan 2026Rodan, Inc.00$60.04$7.72
Dec 2025Rodan, Inc.00$57.97$4.26
Nov 2025Rodan, Inc.30$60.06$3.79
Oct 2025Rodan, Inc.00$60.89$3.19
Sep 2025Rodan, Inc.237$63.96$2.97
Aug 2025Rodan, Inc.340$64.86$2.91
Jul 2025Rodan, Inc.3034$68.39$3.20
Jun 2025Rodan, Inc.2651$68.17$3.02
May 2025Rodan, Inc.390$62.17$3.12
Apr 2025Rodan, Inc.3333$63.54$3.42
Mar 2025Rodan, Inc.1837$68.24$4.12
Feb 2025Rodan, Inc.2234$71.53$4.19
Jan 2025Rodan, Inc.280$75.74$4.13
Dec 2024Rodan, Inc.2834$70.12$3.01
Nov 2024Rodan, Inc.3336$69.95$2.12
Oct 2024Rodan, Inc.4637$71.99$2.20
Sep 2024Rodan, Inc.3335$70.24$2.28
Aug 2024Rodan, Inc.2738$76.68$1.99
Jul 2024Rodan, Inc.2236$81.80$2.07
Jun 2024Rodan, Inc.038$79.77$2.54
May 2024Rodan, Inc.035$80.02$2.12
Apr 2024Wheeler Energy,114128$85.35$1.60
Mar 2024Wheeler Energy,163261$81.28$1.49
Feb 2024Wheeler Energy,1590$77.25$1.72
Jan 2024Wheeler Energy,160261$74.15$3.18
Dec 2023Wheeler Energy,370$71.90$2.52
Nov 2023Wheeler Energy,56126$77.69$2.71
Oct 2023Wheeler Energy,1060$85.64$2.98
Sep 2023Wheeler Energy,102127$89.43$2.64
Aug 2023Wheeler Energy,108128$81.39$2.58

No report filed

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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