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Texas oil lease

Producing

WHEAT

Wheat is an oil lease in Gray County, Texas, operated by Exxcel Production Company in the Panhandle Gray County Field field.

10 wells

3,399bbl oil, last 12 months−1% vs prior year
RRC lease
10-00502

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Where it sits

This county

Gray CountyGrayHutchinsonHemphillCarsonWheelerRobertsGray County
Gray County
Gas, last 12 months
6,582 mcf
Oil in Jul 2026
260 bbl

Production by month

Oil output held steady over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output held steady over the last 12 monthsMonthly oil production and gas for WHEAT, Aug 2023 to Jul 2026. Oil output held steady over the last 12 months. 3,399 bbl in the 12 months through Jul 2026, against 3,437 bbl in the 12 months before.Last 12 months: 3,399 bblbbl per monthmcf per month00100200200400300600400800Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output held steady over the last 12 monthsMonthly oil production and gas for WHEAT, Aug 2023 to Jul 2026. Oil output held steady over the last 12 months. 3,399 bbl in the 12 months through Jul 2026, against 3,437 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00100200200400300600400800Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

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

All of the gas went to a processing plant in the last 12 monthsShare of WHEAT gas by disposition code each month, Aug 2023 to Jul 2026. All 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
All of the gas went to a processing plant in the last 12 monthsShare of WHEAT gas by disposition code each month, Aug 2023 to Jul 2026. All 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.

10 wells on this lease

Wells on WHEAT
API numberWell no.Status
42-179-000701Active
42-179-3260110Active
42-179-825042Active
42-179-825053Active
42-179-825064Active
42-179-825075Active
42-179-825086Active
42-179-825097Active
42-179-825108Active
42-179-825119Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Eastex Crude Company, LLCOilGathers100Jan 1, 2023–
Iacx Rock Creek LLCCasinghead gasBuys100Jan 1, 2023–
Iacx Rock Creek LLCCasinghead gasGathers100Jan 1, 2023–
Dcp Operating Company, LPCasinghead gasGathers100Apr 1, 2017Jan 1, 2023
Dcp Operating Company, LPCasinghead gasBuys100Apr 1, 2017Jan 1, 2023
Eastex Crude CompanyOilGathers100Apr 1, 2002Jan 1, 2023

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

640 acres on the newest permit

10 wells are listed on this lease

Permits for Wheat
API numberWell no.Acreson the permit
42-179-3260110640
42-179-000701–
42-179-825042–
42-179-825053–
42-179-825064–
42-179-825075–
42-179-825086–
42-179-825097–
42-179-825108–
42-179-825119–

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

Estimate your royalty

36 months, newest first

Ledger for WHEAT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202626024219190$80.46$2.89
Jun 20262943402892890$84.81$3.15
May 20262993316906900$102.13$2.94
Apr 20263443355995990$100.32$2.77
Mar 20262841975645640$91.38$3.04
Feb 20262283367447440$64.51$3.62
Jan 20261731305075070$60.04$7.72
Dec 20252793347167160$57.97$4.26
Nov 20253113496446440$60.06$3.79
Oct 20253482006466460$60.89$3.19
Sep 20252993276516510$63.96$2.97
Aug 20252803055135130$64.86$2.91
Jul 20252983514064060$68.39$3.20
Jun 20252843305385380$68.17$3.02
May 20252682105245240$62.17$3.12
Apr 20253172014924920$63.54$3.42
Mar 20252653364194190$68.24$4.12
Feb 20251871753883880$71.53$4.19
Jan 20253123405165160$75.74$4.13
Dec 20242041585435430$70.12$3.01
Nov 20243003621721720$69.95$2.12
Oct 20243363345765760$71.99$2.20
Sep 20243463356216210$70.24$2.28
Aug 20243203416056050$76.68$1.99
Jul 20243433426116110$81.80$2.07
Jun 20243073294994990$79.77$2.54
May 20243583305005000$80.02$2.12
Apr 20243163364944940$85.35$1.60
Mar 20243373305105100$81.28$1.49
Feb 20242472584814810$77.25$1.72
Jan 20242361724604600$74.15$3.18
Dec 20232403165075070$71.90$2.52
Nov 20233483216206200$77.69$2.71
Oct 20232803295745740$85.64$2.98
Sep 20233141955535530$89.43$2.64
Aug 20233283326156150$81.39$2.58

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

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Exxcel Production Company in Gray County

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Panhandle Gray County Field field

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