Wheat

Oil & Gas Property in Lipscomb County, TX

  2. Texas
  3. Lipscomb County, TX
  4. Oil & Gas Properties in Lipscomb County, TX
  5. Wheat Oil & Gas Property

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Property Summary

Key data points for Wheat

CountyLipscomb County, TX
Production DatesJan 1993 - Sep 2025
Total Oil Production422,698 BBLs
Total Gas Production5,050,066 MCF
Recent Oil Production1,036 BBLs in Aug 2025
Recent Gas Production16,022 MCF in Aug 2025
Wells on Property15

Our Valuation Estimates for Wheat

ShaleAssessment™

$61,098 *

MarketMultiple™

$165,683 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Wheat Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Wheat
from Jan 1993 to Sep 2025

Wells on Wheat

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-295-00066WHEAT 678 1678LPRESIDIO PETROLEUM LLCProducingLipscomb County, TX36.270616-100.476582
42-295-00390WHEAT 2764LATIGO PETROLEUM, LLCPlugged Oil WellLipscomb County, TX36.302212-100.519384
42-295-00391WHEAT 1764SHELL OIL COMPANYPlugged Oil WellLipscomb County, TX36.300044-100.514852
42-295-01092WHEAT 4764LATIGO PETROLEUM, LLCShut InLipscomb County, TX36.300714-100.523192
42-295-22316WHEAT 1732APACHE CORPORATIONPlugged Oil/Gas WellLipscomb County, TX36.287357-100.494922
42-295-22424WHEAT 3764LATIGO PETROLEUM, LLCProducingLipscomb County, TX36.302147-100.527299
42-295-31006WHEAT PEARL 2QUANAH PANHANDLE, LLCShut InLipscomb County, TX36.299008-100.498358
42-295-31208WHEAT, PEARL 5-765GULF OIL CORP.Plugged Oil WellLipscomb County, TX36.293938-100.503684
42-295-31209WHEAT, PEARL 4-765GULF OIL CORP.Plugged Oil WellLipscomb County, TX36.299790-100.504051
42-295-31212WHEAT, PEARL 3-765GULF OIL CORP.Plugged Oil WellLipscomb County, TX36.301116-100.495079
42-295-31714WHEAT 1STRAT LAND EXPLORATION COMPANYDry HoleLipscomb County, TX36.261680-100.483513
42-295-33730WHEAT 678 3HPRESIDIO PETROLEUM LLCProducingLipscomb County, TX36.260573-100.483435
42-295-33818WHEAT 678 4HPRESIDIO PETROLEUM LLCProducingLipscomb County, TX36.260611-100.476254
42-295-34002WHEAT 678 5HPRESIDIO PETROLEUM LLCProducingLipscomb County, TX36.260640-100.490958
42-295-80443WHEAT PEARL 1QUANAH PANHANDLE, LLCShut InLipscomb County, TX36.292445-100.499395

Leases included in Wheat

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
10-022304WHEAT 1732SHELL OIL COMPANYLipscomb County, TX
10-022315WHEAT 678 1678LSHELL OIL COMPANYLipscomb County, TX
10-022316WHEAT 1732SHELL OIL COMPANYLipscomb County, TX
10-022317WHEAT 1732SHELL OIL COMPANYLipscomb County, TX
10-02683WHEAT, PEARLQUANAH PANHANDLE, LLCLipscomb County, TX
10-02933WHEATLATIGO PETROLEUM, LLCLipscomb County, TX
10-03664WHEATAPACHE CORPORATIONLipscomb County, TX
10-03697WHEAT, PEARLSHELL OIL COMPANYLipscomb County, TX
10-05583WHEAT, PEARLSHELL WESTERN E&P INC.Lipscomb County, TX
10-05924WHEAT 678PRESIDIO PETROLEUM LLCLipscomb County, TX
10-107020WHEAT 1764BP AMERICA PRODUCTION COMPANYLipscomb County, TX
10-281198WHEAT 4764LATIGO PETROLEUM, LLCLipscomb County, TX

Operators Associated With Wheat

Nearby Properties

These are the closest 20 properties to the Wheat property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
BrillhartLipscomb County, TX187 BBLs7,371 MCFSep 2025
Brownlee HeirsLipscomb County, TX0 BBLs0 MCFJul 2012
CrossLipscomb County, TX28 BBLs2,781 MCFSep 2025
DukeLipscomb County, TX197 BBLs14,285 MCFSep 2025
GrayLipscomb County, TX0 BBLs323 MCFAug 2025
Guy 821Lipscomb County, TX41 BBLs1,869 MCFAug 2025
Guy OilLipscomb County, TX0 BBLs0 MCFFeb 2012
Guy Zelma CLipscomb County, TX41 BBLs488 MCFSep 2025
HunterLipscomb County, TX0 BBLs0 MCFMar 2011
KingLipscomb County, TX269 BBLs12,740 MCFSep 2025
King LloydLipscomb County, TX163 BBLs2 MCFSep 2025
King, A. R. MrsLipscomb County, TX0 BBLs279 MCFAug 2025
LandersLipscomb County, TX8 BBLs1,344 MCFSep 2025
Lena MaeLipscomb County, TX51 BBLs3,579 MCFSep 2025
MiniumLipscomb County, TX136 BBLs1,693 MCFSep 2025
MitchellOchiltree County, TX390 BBLs2,303 MCFSep 2025
Pearl WheatLipscomb County, TX1,127 BBLs9,219 MCFSep 2025
PeeryLipscomb County, TX735 BBLs17,006 MCFSep 2025
Peery HaroldLipscomb County, TX1 BBLs262 MCFAug 2025
Wallace N. Hamker 1Lipscomb County, TX0 BBLs0 MCFMay 2025

Companies in the Area

These are the closest 20 companies operating near the Wheat property.

Company Name
Amarillo Exploration, Inc.
Avalanche Oil & Gas LLC
Be Anadarko II, LLC
ConocoPhillips Company
Diversified Production LLC
EOG Resources Inc
H-S Exploration
Highmark Energy Operating LLC
J-Brex Company
Jones Energy, LTD.
Mewbourne Oil Company
Midway Operating Company, L.L.C.
Phillips Petroleum Company
Quanah Panhandle, LLC
Texas American Resources Company
Unbridled Resources, LLC
Upland Resources LLC
White Stride LLC
Whitlock, J.R. Operator
Williams, W. R., Inc.

Frac'ing activity on Wheat

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-295-01092Wheat 4764
42-295-33730Wheat 678 3H
42-295-33818Wheat 678-4H
42-295-34002Wheat 678 #5H

Owners of Wheat

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025PRESIDIO PETROLEUM LLCWHEAT 678PRESIDIO PETROLEUM L
2025QUANAH PANHANDLE LLCWHEAT PEARLQUANAH PANHANDLE LLC
2025LATIGO PETROLEUM LLCWHEATLATIGO PETROLEUM LLC
2025PEERY JAMES HARVEY JRWHEAT 678PRESIDIO PETROLEUM L
2025PEERY MARYWHEAT 678PRESIDIO PETROLEUM L
2025SEAMAN KENNETH WADEWHEAT 678PRESIDIO PETROLEUM L
2025CASH RAYMOND DELBERT & LAVERA PEERYWHEAT 678PRESIDIO PETROLEUM L
2025KIRKSEY FAMILY TRUSTWHEAT 678PRESIDIO PETROLEUM L
Displaying 8 of 57 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Wheat

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
10-02683WHEAT, PEARLApr 2025VALERO MARKETING AND SUPPLY COMPANYQUANAH PANHANDLE, LLC
10-05924WHEAT 678Apr 2025VALERO MARKETING AND SUPPLY COMPANYPRESIDIO ENERGY INC
10-02683WHEAT, PEARLMar 2025DCP OPERATING COMPANY, LPQUANAH PANHANDLE, LLC
10-02683WHEAT, PEARLMar 2025VALERO MARKETING AND SUPPLY COMPANYQUANAH PANHANDLE, LLC
10-02933WHEATMar 2025DCP OPERATING COMPANY, LPLATIGO PETROLEUM, LLC
10-05924WHEAT 678Mar 2025PRESIDIO PETROLEUM LLC
10-05924WHEAT 678Mar 2025DCP OPERATING COMPANY, LPPRESIDIO PETROLEUM LLC
10-05924WHEAT 678Mar 2025PRESIDIO PETROLEUM LLCPRESIDIO PETROLEUM LLC
10-05924WHEAT 678Mar 2025ET GATHERING & PROCESSING LLCPRESIDIO PETROLEUM LLC
10-05924WHEAT 678Mar 2025VALERO MARKETING AND SUPPLY COMPANYPRESIDIO ENERGY INC
10-02683WHEAT, PEARLFeb 2025DCP OPERATING COMPANY, LPQUANAH PANHANDLE, LLC
10-02683WHEAT, PEARLFeb 2025VALERO MARKETING AND SUPPLY COMPANYQUANAH PANHANDLE, LLC
10-02933WHEATFeb 2025DCP OPERATING COMPANY, LPLATIGO PETROLEUM, LLC
10-05924WHEAT 678Feb 2025PRESIDIO PETROLEUM LLC
10-05924WHEAT 678Feb 2025DCP OPERATING COMPANY, LPPRESIDIO PETROLEUM LLC
10-05924WHEAT 678Feb 2025PRESIDIO PETROLEUM LLCPRESIDIO PETROLEUM LLC
10-05924WHEAT 678Feb 2025ET GATHERING & PROCESSING LLCPRESIDIO PETROLEUM LLC
10-05924WHEAT 678Feb 2025VALERO MARKETING AND SUPPLY COMPANYPRESIDIO ENERGY INC
10-02683WHEAT, PEARLJan 2025DCP OPERATING COMPANY, LPQUANAH PANHANDLE, LLC
10-02683WHEAT, PEARLJan 2025VALERO MARKETING AND SUPPLY COMPANYQUANAH PANHANDLE, LLC
10-02933WHEATJan 2025DCP OPERATING COMPANY, LPLATIGO PETROLEUM, LLC
10-05924WHEAT 678Jan 2025PRESIDIO PETROLEUM LLC
10-05924WHEAT 678Jan 2025DCP OPERATING COMPANY, LPPRESIDIO PETROLEUM LLC
10-05924WHEAT 678Jan 2025PRESIDIO PETROLEUM LLCPRESIDIO PETROLEUM LLC
10-05924WHEAT 678Jan 2025ET GATHERING & PROCESSING LLCPRESIDIO PETROLEUM LLC