Wallace

Oil & Gas Property in Rusk County, TX

Property Summary

Key data points for Wallace

CountyRusk County, TX
OperatorVALENCE OPERATING COMPANY
Production DatesOct 2001 - Sep 2024
Total Oil Production81,040 BBLs
Total Gas Production3,210,778 MCF
Recent Oil Production69 BBLs in Aug 2024
Recent Gas Production3,363 MCF in Aug 2024
Wells on Property5

Our Valuation Estimates for Wallace

ShaleAssessment

$27,028 *

MarketMultiple

$18,028 **

* 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
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to oil and gas production for Wallace
from Oct 2001 to Sep 2024

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, TX45 BBLs18,180 MCFSep 2024
Bath UnitRusk County, TX0 BBLs0 MCFDec 2023
Beckworth Gas UnitRusk County, TX0 BBLs0 MCFJan 2024
Brown Annie 2HRusk County, TX40 BBLs11,318 MCFSep 2024
Cullers J. Edgar Gas UnitRusk County, TX1 BBLs80 MCFSep 2024
GoodrichPanola County, TX0 BBLs1,314 MCFSep 2024
Hair Gas UnitRusk County, TX13 BBLs5,133 MCFSep 2024
Jameson AngusRusk County, TX0 BBLs1,409 MCFSep 2024
Jenkins Felix W. Gas UnitRusk County, TX6 BBLs2,776 MCFSep 2024
Kangerga MichaelRusk County, TX79 BBLs20,420 MCFSep 2024
Kinsey Joe SRusk County, TX15 BBLs3,157 MCFSep 2024
Longhorn Gas UnitRusk County, TX4 BBLs11,124 MCFSep 2024
McAlister Gas UnitRusk County, TX0 BBLs2,336 MCFSep 2024
Merritt Thomas C. TrusteeRusk County, TX8 BBLs2,218 MCFSep 2024
Overton GRusk County, TX7 BBLs25,300 MCFSep 2024
SenesacRusk County, TX630 BBLs45,646 MCFSep 2024
Thornton HenryRusk County, TX1 BBLs1,212 MCFSep 2024
Thornton JamesonRusk County, TX352 BBLs37,137 MCFSep 2024
Watson Gas UnitRusk County, TX27 BBLs16,026 MCFSep 2024
Young Gas UnitRusk County, TX2 BBLs4,169 MCFSep 2024

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