Wallace

Oil & Gas Property in Rusk County, TX

  2. Texas
  3. Rusk County, TX
  4. Oil & Gas Properties in Rusk County, TX
  5. Wallace Oil & Gas Property

Map of Wells Full Screen Map 3-D Map

Property Summary

Key data points for Wallace

CountyRusk County, TX
OperatorPHILLIPS, JACK L. CO.
Production DatesJan 1993 - Dec 2024
Total Oil Production26,876 BBLs
Total Gas Production82,325 MCF
Recent Oil Production66 BBLs in Nov 2024
Recent Gas Production0 MCF in Nov 2024
Wells on Property2

Our Valuation Estimates for Wallace

ShaleAssessment™

$475 *

MarketMultiple™

$9,576 **

* 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 Jan 1993 to Dec 2024

Wells on Wallace

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-401-31182WALLACE "F" 1TEXAS OIL & GAS CORP.Plugged Oil/Gas WellRusk County, TX32.104676-94.617526
42-401-31192WALLACE CASSIE 1PHILLIPS, JACK L. CO.ProducingRusk County, TX32.112726-94.619391

Leases included in Wallace

Lease #Lease NameOperatorCountyMonthly Oil Prod.
06-096267WALLACE "F" 1TXO PRODUCTION CORP.Rusk County, TX
06-10496WALLACE, CASSIEPHILLIPS, JACK L. CO.Rusk County, TX
06-11304WALLACE "F"TXO PRODUCTION CORP.Rusk County, TX
06-14488WALLACE, CASSIEPHILLIPS, JACK L. CO.Rusk County, TX

Nearby Properties

These are the closest 20 properties to the Wallace property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Allison-CassityRusk County, TX29 BBLs26,548 MCFDec 2024
Arthur Smith Gas UnitPanola County, TX411 BBLs184,389 MCFDec 2024
Cassity Gas Unit 3HPanola County, TX68 BBLs29,506 MCFDec 2024
ChildersRusk County, TX2 BBLs545 MCFNov 2024
CyphersRusk County, TX10 BBLs15,525 MCFDec 2024
HillinPanola County, TX106 BBLs43,951 MCFDec 2024
Jim G. SealeyPanola County, TX0 BBLs0 MCFOct 2024
JimmersonRusk County, TX52 BBLs7,875 MCFDec 2024
Joe Bailey Hillin Gas UnitPanola County, TX115 BBLs47,216 MCFDec 2024
Jones JulianRusk County, TX0 BBLs51 MCFNov 2024
Pool-Cyphers-White 1HRusk County, TX34 BBLs5,197 MCFDec 2024
Smith, Durwood ARusk County, TX89 BBLs0 MCFDec 2024
Smith, TalmadgeRusk County, TX40 BBLs0 MCFDec 2024
Todd Gas UnitPanola County, TX46 BBLs17,778 MCFDec 2024
Todd-Pool 1HRusk County, TX69 BBLs11,311 MCFDec 2024
White Gas UnitRusk County, TX63 BBLs10,224 MCFDec 2024
White-Burks 1HRusk County, TX64 BBLs10,280 MCFDec 2024
Wilks 2HRusk County, TX56 BBLs9,106 MCFDec 2024
Wilks Gas Unit No. 1 1HRusk County, TX39 BBLs6,319 MCFDec 2024
WylieRusk County, TX0 BBLs107 MCFDec 2024

Companies in the Area

These are the closest 20 companies operating near the Wallace property.

Company Name
Arkla Exploration Co.
Big Run Production Company
Buckhorn Operating LLC
Cabot Oil & Gas Corporation
Enduring Resources, LLC
Goodrich Petroleum Company
Heritage Energy Corporation
Hightower Exploration
J-O'B Operating Company
KJ Energy, LLC
M. E. Operating & Services, Inc.
Neumin Production Company
NFR Energy, LLC
North American Reserve Corp.
Phillips, Jack L.
Phillips, Jack L. Co.
Proline Energy Resources Inc
Reynolds Drilling Co., Inc.
Sabine Oil & Gas Corporation
TGNR East Texas II LLC

Owners of Wallace

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024PHILLIPS JACK L COMPANY (WI)WALLACE CASSIE OUPHILLIPS JACK L CO
2024SMITH ALBERT GWALLACE CASSIE OUPHILLIPS JACK L CO
2024MOORE BILLIE JEANWALLACE CASSIE OUPHILLIPS JACK L CO
2024ST CLAIR FRANK & BARBARAWALLACE CASSIE OUPHILLIPS JACK L CO
2024WALLACE JOE WILLIAMWALLACE CASSIE OUPHILLIPS JACK L CO
2024POINTER FAMILY TRUSTWALLACE CASSIE OUPHILLIPS JACK L CO
2024SMITH G LYNNWALLACE CASSIE OUPHILLIPS JACK L CO
2024DGB UNLIMITED INCWALLACE CASSIE OUPHILLIPS JACK L CO
Displaying 8 of 57 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
06-14488WALLACE, CASSIEOct 2024PLAINS MARKETING, L.P.JACK L. PHILLIPS CO.
06-14488WALLACE, CASSIEAug 2024PLAINS MARKETING, L.P.JACK L. PHILLIPS CO.
06-14488WALLACE, CASSIEJun 2024PLAINS MARKETING, L.P.JACK L. PHILLIPS CO.
06-14488WALLACE, CASSIEJan 2024PLAINS MARKETING, L.P.JACK L. PHILLIPS CO.
06-14488WALLACE, CASSIENov 2023PLAINS MARKETING, L.P.JACK L. PHILLIPS CO.
06-14488WALLACE, CASSIESep 2023PLAINS MARKETING, L.P.JACK L. PHILLIPS CO.
06-14488WALLACE, CASSIEJul 2023PLAINS MARKETING, L.P.JACK L. PHILLIPS CO.
06-14488WALLACE, CASSIEMay 2023PLAINS MARKETING, L.P.JACK L. PHILLIPS CO.
06-14488WALLACE, CASSIEMar 2023PLAINS MARKETING, L.P.JACK L. PHILLIPS CO.
06-14488WALLACE, CASSIEJan 2023PLAINS MARKETING, L.P.JACK L. PHILLIPS CO.
06-14488WALLACE, CASSIENov 2022PLAINS MARKETING, L.P.JACK L. PHILLIPS CO.
06-14488WALLACE, CASSIESep 2022PLAINS MARKETING, L.P.JACK L. PHILLIPS CO.
06-14488WALLACE, CASSIEApr 2022PLAINS MARKETING, L.P.JACK L. PHILLIPS CO.
06-14488WALLACE, CASSIEFeb 2022PLAINS MARKETING, L.P.JACK L. PHILLIPS CO.
06-14488WALLACE, CASSIENov 2021PLAINS MARKETING, L.P.JACK L. PHILLIPS CO.
06-14488WALLACE, CASSIEOct 2021PLAINS MARKETING, L.P.JACK L. PHILLIPS CO.
06-14488WALLACE, CASSIEAug 2021PLAINS MARKETING, L.P.JACK L. PHILLIPS CO.
06-14488WALLACE, CASSIEFeb 2021PLAINS MARKETING, L.P.JACK L. PHILLIPS CO.
06-14488WALLACE, CASSIEDec 2020PLAINS MARKETING, L.P.JACK L. PHILLIPS CO.
06-14488WALLACE, CASSIEOct 2020PLAINS MARKETING, L.P.JACK L. PHILLIPS CO.
06-14488WALLACE, CASSIEAug 2020PLAINS MARKETING, L.P.JACK L. PHILLIPS CO.
06-14488WALLACE, CASSIEJun 2020PLAINS MARKETING, L.P.JACK L. PHILLIPS CO.
06-14488WALLACE, CASSIEMar 2020PLAINS MARKETING, L.P.JACK L. PHILLIPS CO.
06-14488WALLACE, CASSIEDec 2019PLAINS MARKETING, L.P.JACK L. PHILLIPS CO.
06-14488WALLACE, CASSIESep 2019PLAINS MARKETING, L.P.JACK L. PHILLIPS CO.