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Texas oil lease

Producing

WHEAT, PEARL

Wheat, Pearl is an oil lease in Lipscomb County, Texas, operated by High River Res Operating, LLC in the Peery (Cleveland) field.

7 wells

2,719bbl oil, last 12 months−41% vs prior year
Operator
High River Res Operating, LLC
County
Lipscomb County
Field
Peery (Cleveland)
RRC lease
10-02683

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Where it sits

This county

Lipscomb CountyLipscombOchiltreeLipscomb County
Lipscomb County
Gas, last 12 months
19,571 mcf
Oil in Jun 2026
218 bbl

Production by month

Oil output fell 41% over the last 12 months

Jul 2026 was not reported.

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 41% over the last 12 monthsMonthly oil production and gas for WHEAT, PEARL, Aug 2023 to Jul 2026. Oil output fell 41% over the last 12 months. 2,429 bbl in the 12 months through Jul 2026, against 4,143 bbl in the 12 months before.Last 12 months: 2,429 bblbbl per monthmcf per month001001,0002002,0003003,0004004,0005005,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 41% over the last 12 monthsMonthly oil production and gas for WHEAT, PEARL, Aug 2023 to Jul 2026. Oil output fell 41% over the last 12 months. 2,429 bbl in the 12 months through Jul 2026, against 4,143 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001001,0002002,0003003,0004004,0005005,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Dec 2025 the lease's gas goes to a transmission line instead of a processing plant

  • Processing plant (3)
  • Transmission line (2)
Since Dec 2025 the lease's gas goes to a transmission line instead of a processing plantShare of WHEAT, PEARL gas by disposition code each month, Aug 2023 to Jul 2026. Since Dec 2025 the lease's gas goes to a transmission line instead of a processing plant.Share of the lease’s gas by disposition code, per month0%50%100%Dec 2025: plant to lineOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Dec 2025 the lease's gas goes to a transmission line instead of a processing plantShare of WHEAT, PEARL gas by disposition code each month, Aug 2023 to Jul 2026. Since Dec 2025 the lease's gas goes to a transmission line instead of a processing plant.Share of gas by disposition code0%50%100%Dec 25: plant to lineJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    54% · 10,646 mcf

  • Processing plant (3)

    46% · 8,925 mcf

Who has run this lease

The operator changed once, most recently in Dec 2025

Operators of this lease over timeQuanah Panhandle, LLC, Jan 2020 to Nov 2025; High River Res Operating, LLC, Dec 2025 to Jun 20262020202120222023202420252026Changed Dec 2025Quanah Panhandle, LLCJan 2020 to Nov 2025High River Res Operating, LLCDec 2025 to now
Operators of this lease over timeQuanah Panhandle, LLC, Jan 2020 to Nov 2025; High River Res Operating, LLC, Dec 2025 to Jun 20262020202120222023202420252026Changed Dec 2025Quanah Panhandle, LLCJan 2020 to Nov 2025High River Res Operating, LLCDec 2025 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

7 wells on this lease

Wells on WHEAT, PEARL
API numberWell no.Status
42-295-310062Shut-in
42-295-312085Active
42-295-312094Active
42-295-312123Active
42-295-330886HActive
42-295-331197HActive
42-295-804431Shut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Cp Energy, L.l.c.OilGathers50Dec 11, 2017–
Kimrad Transport, LPOilGathers50Jan 22, 2019–
Dcp Operating Company, LPCasinghead gasBuys100Apr 1, 2017–
Dcp Operating Company, LPCasinghead gasGathers100Apr 1, 2017–
Amid Energy Products Supply LLCOilGathers50Dec 11, 2017Jan 22, 2019

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

Who buys my oilOil price check

440 acres on the newest permit

The wells on this lease state different acreage

The permits state between 440 and 480 acres.

8 wells are listed on this lease

Permits for Wheat, Pearl
API numberWell no.Acreson the permit
42-295-331197H440
42-295-330886H480
42-295-312085440
42-295-312094440
42-295-312123440
42-295-310062480
42-295-310062765480
42-295-804431–

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for WHEAT, PEARL
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026No report–––––$80.46$2.89
Jun 2026High River2181731,7121,7120$84.81$3.15
May 2026High River2751812,0492,0490$102.13$2.94
Apr 2026High River2483581,1721,1720$100.32$2.77
Mar 2026High River2371931,8351,8350$91.38$3.04
Feb 2026High River1541971,0771,0770$64.51$3.62
Jan 2026High River2061181,2241,2240$60.04$7.72
Dec 2025High River1903731,5771,5770$57.97$4.26
Nov 2025Quanah Panhandle,20201,3351,3350$60.06$3.79
Oct 2025Quanah Panhandle,2053601,6811,6810$60.89$3.19
Sep 2025Quanah Panhandle,1991781,5141,5140$63.96$2.97
Aug 2025Quanah Panhandle,2951782,2682,2680$64.86$2.91
Jul 2025Quanah Panhandle,2903342,1272,1270$68.39$3.20
Jun 2025Quanah Panhandle,2723772,1142,1140$68.17$3.02
May 2025Quanah Panhandle,3461892,5302,5300$62.17$3.12
Apr 2025Quanah Panhandle,3583882,4222,4220$63.54$3.42
Mar 2025Quanah Panhandle,3693912,6822,6820$68.24$4.12
Feb 2025Quanah Panhandle,3663743,8843,8840$71.53$4.19
Jan 2025Quanah Panhandle,3081803,9443,9440$75.74$4.13
Dec 2024Quanah Panhandle,3923642,2612,2610$70.12$3.01
Nov 2024Quanah Panhandle,3643812,0512,0510$69.95$2.12
Oct 2024Quanah Panhandle,3373814,2544,2540$71.99$2.20
Sep 2024Quanah Panhandle,3562762,2442,2440$70.24$2.28
Aug 2024Quanah Panhandle,3853602,3742,3740$76.68$1.99
Jul 2024Quanah Panhandle,4013582,2412,2410$81.80$2.07
Jun 2024Quanah Panhandle,3683602,2192,2190$79.77$2.54
May 2024Quanah Panhandle,3183641,9921,9920$80.02$2.12
Apr 2024Quanah Panhandle,4023602,2192,2190$85.35$1.60
Mar 2024Quanah Panhandle,4233312,2012,2010$81.28$1.49
Feb 2024Quanah Panhandle,1981851,6901,6900$77.25$1.72
Jan 2024Quanah Panhandle,1701871,3021,3020$74.15$3.18
Dec 2023Quanah Panhandle,2721791,8561,8560$71.90$2.52
Nov 2023Quanah Panhandle,3224202,1342,1340$77.69$2.71
Oct 2023Quanah Panhandle,2901842,2992,2990$85.64$2.98
Sep 2023Quanah Panhandle,1701701,3421,3420$89.43$2.64
Aug 2023Quanah Panhandle,2973571,6551,6550$81.39$2.58

No report filed

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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This lease belongs to

OperatorHigh River Res Operating, LLCFieldPeery (Cleveland)CountyLipscomb County

High River Res Operating, LLC in Lipscomb County

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Peery (Cleveland) field

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