Wallace

Oil & Gas Property in Rusk County, TX

Property Summary

Key data points for Wallace

CountyRusk County, TX
OperatorVALENCE OPERATING COMPANY
Production DatesOct 2001 - Dec 2024
Total Oil Production81,229 BBLs
Total Gas Production3,218,704 MCF
Recent Oil Production53 BBLs in Nov 2024
Recent Gas Production3,148 MCF in Nov 2024
Wells on Property5

Our Valuation Estimates for Wallace

ShaleAssessment

$25,980 *

MarketMultiple

$16,392 **

* 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 Dec 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, TX47 BBLs18,025 MCFDec 2024
Bath UnitRusk County, TX0 BBLs0 MCFDec 2023
Beckworth Gas UnitRusk County, TX0 BBLs0 MCFJan 2024
Brown Annie 2HRusk County, TX50 BBLs11,649 MCFDec 2024
Cullers J. Edgar Gas UnitRusk County, TX2 BBLs94 MCFDec 2024
GoodrichPanola County, TX0 BBLs1,244 MCFDec 2024
Hair Gas UnitRusk County, TX16 BBLs4,776 MCFDec 2024
Jameson AngusRusk County, TX0 BBLs1,201 MCFDec 2024
Jenkins Felix W. Gas UnitRusk County, TX9 BBLs2,673 MCFDec 2024
Kangerga MichaelRusk County, TX109 BBLs20,155 MCFDec 2024
Kinsey Joe SRusk County, TX17 BBLs2,528 MCFDec 2024
Longhorn Gas UnitRusk County, TX0 BBLs8,273 MCFDec 2024
McAlister Gas UnitRusk County, TX0 BBLs2,372 MCFDec 2024
Merritt Thomas C. TrusteeRusk County, TX2 BBLs1,528 MCFDec 2024
Overton GRusk County, TX4 BBLs23,661 MCFDec 2024
SenesacRusk County, TX622 BBLs33,113 MCFDec 2024
Thornton HenryRusk County, TX0 BBLs1,162 MCFDec 2024
Thornton JamesonRusk County, TX18 BBLs35,715 MCFDec 2024
Watson Gas UnitRusk County, TX39 BBLs15,757 MCFDec 2024
Young Gas UnitRusk County, TX0 BBLs3,203 MCFDec 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