Wallace

Oil & Gas Property in Rusk County, TX

Property Summary

Key data points for Wallace

CountyRusk County, TX
OperatorVALENCE OPERATING COMPANY
Production DatesOct 2001 - Jan 2025
Total Oil Production81,290 BBLs
Total Gas Production3,222,468 MCF
Recent Oil Production78 BBLs in Dec 2024
Recent Gas Production3,014 MCF in Dec 2024
Wells on Property5

Our Valuation Estimates for Wallace

ShaleAssessment

$25,695 *

MarketMultiple

$17,317 **

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

Based on a decimal interest

Wallace Production Graph

Aggregated production of all wells and leases associated with this property
Subscribe for Full Access Subscribe now to gain immediate access
to oil and gas production for Wallace
from Oct 2001 to Jan 2025

Wells on Wallace

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-401-33045WALLACE 1VALENCE OPERATING COMPANYTemp AbandonedRusk County, TX32.273985-94.593819
42-401-33156WALLACE 2VALENCE OPERATING COMPANYProducingRusk County, TX32.274041-94.593767
42-401-33561WALLACE A 1VALENCE OPERATING COMPANYInjectionRusk County, TX32.268189-94.590212
42-401-35068WALLACE 3VALENCE OPERATING COMPANYProducingRusk County, TX32.275841-94.592327
42-401-35085WALLACE 4VALENCE OPERATING COMPANYProducingRusk County, TX32.271574-94.593430

Leases included in Wallace

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
06-14138WALLACEVALENCE OPERATING COMPANYRusk County, TX
06-185828WALLACE 1VALENCE OPERATING COMPANYRusk County, TX
06-214510WALLACE A 1VALENCE OPERATING COMPANYRusk County, TX
06-254419WALLACE 3VALENCE OPERATING COMPANYRusk County, TX
06-254420WALLACE 3VALENCE OPERATING COMPANYRusk County, TX
06-257118WALLACE 4VALENCE OPERATING COMPANYRusk County, TX
06-257120WALLACE 4VALENCE OPERATING COMPANYRusk County, TX
06-257121WALLACE 4VALENCE OPERATING COMPANYRusk County, TX
06-257122WALLACE 4VALENCE OPERATING COMPANYRusk County, TX
06-276851WALLACE A 1VALENCE OPERATING COMPANYRusk County, TX

Nearby Properties

These are the closest 20 properties to the Wallace property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Adams W.T. 2HRusk County, TX35 BBLs14,789 MCFJan 2025
Brown Annie 2HRusk County, TX38 BBLs9,149 MCFJan 2025
Christian C.ORusk County, TX82 BBLs4,552 MCFJan 2025
Cullers J. Edgar Gas UnitRusk County, TX1 BBLs108 MCFJan 2025
GoodrichPanola County, TX0 BBLs1,125 MCFJan 2025
Hair Gas UnitRusk County, TX19 BBLs4,727 MCFJan 2025
Jameson AngusRusk County, TX0 BBLs1,525 MCFJan 2025
Jenkins Felix W. Gas UnitRusk County, TX9 BBLs2,837 MCFJan 2025
Kangerga MichaelRusk County, TX88 BBLs19,025 MCFJan 2025
Kinsey Joe SRusk County, TX18 BBLs2,637 MCFJan 2025
Longhorn Gas UnitRusk County, TX4 BBLs10,038 MCFJan 2025
McAlister Gas UnitRusk County, TX0 BBLs2,491 MCFJan 2025
Merritt Thomas C. TrusteeRusk County, TX11 BBLs2,640 MCFJan 2025
Overton GRusk County, TX7 BBLs24,022 MCFJan 2025
Pepper J. RRusk County, TX0 BBLs5,422 MCFJan 2025
SenesacRusk County, TX726 BBLs40,881 MCFJan 2025
Thornton HenryRusk County, TX0 BBLs1,279 MCFJan 2025
Thornton JamesonRusk County, TX285 BBLs36,077 MCFJan 2025
Watson Gas UnitRusk County, TX36 BBLs16,767 MCFJan 2025
Young Gas UnitRusk County, TX2 BBLs3,814 MCFJan 2025

Owners of Wallace

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024VALENCE OPERATING COMPANYWALLACE (3)VALENCE OPERATING CO
2024VALENCE OPERATING COMPANYWALLACE -A- (1)VALENCE OPERATING CO
2024VALENCE OPERATING COMPANYWALLACE (2)VALENCE OPERATING CO
2024VALENCE OPERATING COMPANYWALLACE (4)VALENCE OPERATING CO
2024VALENCE OPERATING COMPANYWALLACE (1)VALENCE OPERATING CO
2024VALENCE OPERATING COMPANYWALLACE (3)VALENCE OPERATING CO
2024PAGE AUDREY BRYANT ESTATEWALLACE (3)VALENCE OPERATING CO
2024VALENCE OPERATING COMPANYWALLACE (2)VALENCE OPERATING CO
Displaying 8 of 185 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Wallace

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
06-185828WALLACE 1Aug 2024DK TRADING & SUPPLY, LLCVALENCE OPERATING COMPANY
06-185828WALLACE 1May 2024DK TRADING & SUPPLY, LLCVALENCE OPERATING COMPANY
06-14138WALLACEApr 2024VALENCE OPERATING COMPANY
06-14138WALLACEApr 2024VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
06-185828WALLACE 1Apr 2024DK TRADING & SUPPLY, LLCVALENCE OPERATING COMPANY
06-254419WALLACE 3Apr 2024VALENCE OPERATING COMPANY
06-254419WALLACE 3Apr 2024VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
06-257118WALLACE 4Apr 2024VALENCE OPERATING COMPANY
06-257118WALLACE 4Apr 2024VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
06-14138WALLACEMar 2024VALENCE OPERATING COMPANY
06-14138WALLACEMar 2024VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
06-254419WALLACE 3Mar 2024VALENCE OPERATING COMPANY
06-254419WALLACE 3Mar 2024VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
06-257118WALLACE 4Mar 2024VALENCE OPERATING COMPANY
06-257118WALLACE 4Mar 2024VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
06-14138WALLACEFeb 2024VALENCE OPERATING COMPANY
06-14138WALLACEFeb 2024VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
06-254419WALLACE 3Feb 2024VALENCE OPERATING COMPANY
06-254419WALLACE 3Feb 2024VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
06-257118WALLACE 4Feb 2024VALENCE OPERATING COMPANY
06-257118WALLACE 4Feb 2024VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
06-14138WALLACEJan 2024VALENCE OPERATING COMPANY
06-14138WALLACEJan 2024VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
06-185828WALLACE 1Jan 2024DK TRADING & SUPPLY, LLCVALENCE OPERATING COMPANY
06-254419WALLACE 3Jan 2024VALENCE OPERATING COMPANY