WHEAT TRUST 1-60 LOV

WHEAT TRUST 1-60 LOV is a Texas oil lease in Loving County, Railroad Commission district 08, operated by Shell Western E&P. It has 2 wellbores on file with the Commission. Reported production runs from March 2014 to August 2026, totalling 319,546 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $2.1M, with roughly $708K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 697 barrels a month, about 348 per wellbore. Its strongest month on the record we hold was August 2016, at 5,325 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.

Key facts about WHEAT TRUST 1-60 LOV

Who operates WHEAT TRUST 1-60 LOV?: WHEAT TRUST 1-60 LOV is operated by Shell Western E&P, Railroad Commission of Texas operator number 774719.
Where is WHEAT TRUST 1-60 LOV?: WHEAT TRUST 1-60 LOV is a Texas oil lease in Loving County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 46743.
Is WHEAT TRUST 1-60 LOV still producing?: WHEAT TRUST 1-60 LOV is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WHEAT TRUST 1-60 LOV is August 2026.
How much has WHEAT TRUST 1-60 LOV produced?: WHEAT TRUST 1-60 LOV has reported 319,546 barrels of oil (bbl) to the Railroad Commission of Texas between March 2014 and August 2026, from 2 wellbores.
How much is WHEAT TRUST 1-60 LOV worth?: The remaining production from WHEAT TRUST 1-60 LOV is estimated to be worth about $2.1M in total as of 27 August 2026, within a range of $1.6M to $2.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WHEAT TRUST 1-60 LOV is a fraction of it. The estimate fits an Arps decline curve to the production WHEAT TRUST 1-60 LOV has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WHEAT TRUST 1-60 LOV is an estimate of value, not an offer and not an appraisal.
How much income does WHEAT TRUST 1-60 LOV generate in a year?: WHEAT TRUST 1-60 LOV is forecast to net about $708K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in WHEAT TRUST 1-60 LOV receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

WHEAT TRUST 1-60 LOV as filed with the Railroad Commission of Texas
Operator	Shell Western E&P
Field	Phantom (Wolfcamp)
County	Loving County, Texas
RRC district	08
Lease number	46743
Wellbores	2
Reported production	319,546 bbl
First reported	March 2014
Last reported	August 2026
Estimated royalty value	$2.1M

Where WHEAT TRUST 1-60 LOV sits

Source: Railroad Commission of Texas lease production records, complete through August 2026. Figures on this page were computed on 27 August 2026.

Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.