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Producing

WHEAT TRUST 1-60 LOV

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

1 well

8,570bbl oil, last 12 months−47% vs prior year
Operator
Pdeh LLC
County
Loving County
Field
Phantom (Wolfcamp)
RRC lease
08-46743

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Where it sits

This county

Loving CountyLovingWinklerWardLoving County
Loving County
Gas, last 12 months
18,698 mcf
Oil in Jul 2026
356 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 TRUST 1-60 LOV, Aug 2023 to Jul 2026. Oil output fell 47% over the last 12 months. 8,570 bbl in the 12 months through Jul 2026, against 16,159 bbl in the 12 months before.Last 12 months: 8,570 bblbbl per monthmcf per month001,0002,0002,0004,0003,0006,0004,0008,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 47% over the last 12 monthsMonthly oil production and gas for WHEAT TRUST 1-60 LOV, Aug 2023 to Jul 2026. Oil output fell 47% over the last 12 months. 8,570 bbl in the 12 months through Jul 2026, against 16,159 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001,0002,0002,0004,0003,0006,0004,0008,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

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

Flaring peaked at 12.8% of the gas in Apr 2024.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
99% of the gas went to a processing plant in the last 12 monthsShare of WHEAT TRUST 1-60 LOV gas by disposition code each month, Aug 2023 to Jul 2026. 99% of the gas went to a processing plant in the last 12 months. Flaring peaked at 12.8% of the gas in Apr 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 12.8%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
99% of the gas went to a processing plant in the last 12 monthsShare of WHEAT TRUST 1-60 LOV gas by disposition code each month, Aug 2023 to Jul 2026. 99% of the gas went to a processing plant in the last 12 months. Flaring peaked at 12.8% of the gas in Apr 2024.Share of gas by disposition code0%50%100%Flared 12.8%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    99% · 18,427 mcf

  • Flared (4)

    1.4% · 267 mcf

  • Lease fuel (1)

    0.0% · 4 mcf

1.4% of the gas flared in the last 12 months. 3 months 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.

1 well on this lease

Wells on WHEAT TRUST 1-60 LOV
API numberWell no.Status
42-301-323833HActive

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 1, 2015–
Delaware Basin Midstream LLCCasinghead gasGathers100May 1, 2023–
Delaware Basin Jv Gathering LLCCasinghead gasGathers100Aug 1, 2015May 1, 2023
Plains Marketing, L.p.OilGathers50Aug 1, 2015May 1, 2023
Shell Western E&POilGathers50Aug 1, 2015May 1, 2023

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

Who buys my oilOil price check

327.22 acres on the newest permit

  • Good to know

    The wells on this lease state different acreage

    The permits state between 327.21 and 327.22 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 Trust 1-60 Lov
API numberWell no.Acreson the permit
42-301-323833H327.22
42-301-319922H327.21

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

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for WHEAT TRUST 1-60 LOV
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Pdeh LLC3563941,5591,442116$80.46$2.89
Jun 2026Pdeh LLC1,2081,1572,5572,48965$84.81$3.15
May 2026Pdeh LLC1,0771,1302,4672,42443$102.13$2.94
Apr 2026Pdeh LLC1,2521,1992,3962,38511$100.32$2.77
Mar 2026Pdeh LLC7497652,0262,0206$91.38$3.04
Feb 2026Pdeh LLC6225776946913$64.51$3.62
Jan 2026Pdeh LLC9171,0491,8681,8599$60.04$7.72
Dec 2025Pdeh LLC8968252,1672,1616$57.97$4.26
Nov 2025Pdeh LLC1,0331,0572,1492,1445$60.06$3.79
Oct 2025Pdeh LLC1711592542531$60.89$3.19
Sep 2025Pdeh LLC2882845255232$63.96$2.97
Aug 2025Pdeh LLC1736360$64.86$2.91
Jul 2025Pdeh LLC3161330$68.39$3.20
Jun 2025Pdeh LLC8447391,6111,6101$68.17$3.02
May 2025Pdeh LLC1,5521,6432,0942,0931$62.17$3.12
Apr 2025Pdeh LLC1,7091,6672,4922,4902$63.54$3.42
Mar 2025Pdeh LLC1,8051,8322,3492,3481$68.24$4.12
Feb 2025Pdeh LLC1,3131,3622,3682,3671$71.53$4.19
Jan 2025Pdeh LLC1,9831,9942,8722,8665$75.74$4.13
Dec 2024Pdeh LLC1,6601,6423,0093,0027$70.12$3.01
Nov 2024Pdeh LLC1,0711,0741,8721,8657$69.95$2.12
Oct 2024Pdeh LLC1,4931,4962,0242,0177$71.99$2.20
Sep 2024Pdeh LLC1,4311,4221,4171,4152$70.24$2.28
Aug 2024Pdeh LLC1,2671,2601,8451,8450$76.68$1.99
Jul 2024Pdeh LLC1,2581,2472,1852,1841$81.80$2.07
Jun 2024Pdeh LLC5184918758750$79.77$2.54
May 2024Pdeh LLC62875485480$80.02$2.12
Apr 2024Pdeh LLC57055747416$85.35$1.60
Mar 2024Pdeh LLC43344771673$81.28$1.49
Feb 2024Pdeh LLC8038071,4361,4313$77.25$1.72
Jan 2024Pdeh LLC1,6111,5553,5123,4989$74.15$3.18
Dec 2023Pdeh LLC2,5412,5725,3465,3319$71.90$2.52
Nov 2023Pdeh LLC2,0962,1864,5644,54811$77.69$2.71
Oct 2023Pdeh LLC2,6572,8195,6785,65715$85.64$2.98
Sep 2023Pdeh LLC2,2992,1644,6604,64410$89.43$2.64
Aug 2023Pdeh LLC2,0861,9303,8643,754103$81.39$2.58

Flared above 3%

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

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Nearby

This lease belongs to

OperatorPdeh LLCFieldPhantom (Wolfcamp)CountyLoving County

Pdeh LLC in Loving County

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Phantom (Wolfcamp) field

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