Wallace

Oil & Gas Property in Upton County, TX

Property Summary

Key data points for Wallace

CountyUpton County, TX
Production DatesApr 2010 - Jan 2025
Total Oil Production96,660 BBLs
Total Gas Production166,169 MCF
Recent Oil Production1,595 BBLs in Dec 2024
Recent Gas Production4,086 MCF in Dec 2024
Wells on Property1

Our Valuation Estimates for Wallace

ShaleAssessment

$13,500 *

MarketMultiple

$152,418 **

* 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 Apr 2010 to Jan 2025

Wells on Wallace

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-461-36479WALLACE 1REVERENCE OPERATING LLCProducingUpton County, TX31.357310-101.777566

Leases included in Wallace

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
7C-00189WALLACE, J. B. "B"MARATHON OIL COMPANYUpton County, TX
7C-17173WALLACEREVERENCE OPERATING LLCUpton County, TX

Operators Associated With Wallace

Nearby Properties

These are the closest 20 properties to the Wallace property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
AlfordUpton County, TX594 BBLs4,487 MCFJan 2025
Arnett 44Reagan County, TX1,863 BBLs9,752 MCFJan 2025
Benedum 3Upton County, TX64,854 BBLs283,018 MCFJan 2025
Benedum Spraberry UnitUpton County, TX1,270 BBLs849 MCFJan 2025
Clark, GladysReagan County, TX0 BBLs0 MCFDec 2023
E. J. Johnson 45Reagan County, TX0 BBLs0 MCFOct 2021
ElliottUpton County, TX0 BBLs10 MCFDec 2024
Emma JaneReagan County, TX113,206 BBLs445,197 MCFJan 2025
JamesReagan County, TX18,884 BBLs276,316 MCFJan 2025
JamesonReagan County, TX697 BBLs1,933 MCFJan 2025
JeterUpton County, TX10,362 BBLs122,893 MCFJan 2025
Mary RoseReagan County, TX15,680 BBLs132,956 MCFJan 2025
Nickel SaloonUpton County, TX11,432 BBLs49,304 MCFJan 2025
Polaris 4750Upton County, TX47,919 BBLs116,227 MCFJan 2025
Ratliff 9-7Upton County, TX9,662 BBLs51,475 MCFJan 2025
ShawReagan County, TX0 BBLs0 MCFOct 2024
State CarterReagan County, TX1,492 BBLs194 MCFJan 2025
TalleyReagan County, TX0 BBLs422 MCFJan 2025
Tomahawk 4810Upton County, TX44,153 BBLs76,227 MCFJan 2025
Torpedo 1048Upton County, TX16,922 BBLs40,385 MCFJan 2025

Owners of Wallace

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024REVERENCE OPERATING LLCWALLACEREVERENE OPERATING
2024CARROLLTON MIN PARTNERS IIIWALLACEREVERENE OPERATING
2024BURLINGTON RES OIL & GAS CO LPWALLACEREVERENE OPERATING
2024MERCADOR ENERGY LLCWALLACEREVERENE OPERATING
2024CARROLLTON MIN PARTNERS III-BWALLACEREVERENE OPERATING
2024ALTA MESA MINERAL ACQUISITIONSWALLACEREVERENE OPERATING
2024BOWDEN BILLY COGDELLWALLACEREVERENE OPERATING
2024DRAKE ENERGY RESOURCES LLCWALLACEREVERENE OPERATING
Displaying 8 of 17 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
7C-17173WALLACESep 2024ETC SOUTH PERMIAN MIDSTREAM LLCREVERENCE OPERATING LLC
7C-17173WALLACEAug 2024ETC SOUTH PERMIAN MIDSTREAM LLCREVERENCE OPERATING LLC
7C-17173WALLACEJul 2024ETC SOUTH PERMIAN MIDSTREAM LLCREVERENCE OPERATING LLC
7C-17173WALLACEJun 2024ETC SOUTH PERMIAN MIDSTREAM LLCREVERENCE OPERATING LLC
7C-17173WALLACEMay 2024ETC SOUTH PERMIAN MIDSTREAM LLCREVERENCE OPERATING LLC
7C-17173WALLACEApr 2024ETC SOUTH PERMIAN MIDSTREAM LLCREVERENCE OPERATING LLC
7C-17173WALLACEMar 2024ETC SOUTH PERMIAN MIDSTREAM LLCREVERENCE OPERATING LLC
7C-17173WALLACEFeb 2024ETC SOUTH PERMIAN MIDSTREAM LLCREVERENCE OPERATING LLC
7C-17173WALLACEJan 2024ETC SOUTH PERMIAN MIDSTREAM LLCREVERENCE OPERATING LLC
7C-17173WALLACEDec 2023ETC SOUTH PERMIAN MIDSTREAM LLCREVERENCE OPERATING LLC
7C-17173WALLACENov 2023ETC SOUTH PERMIAN MIDSTREAM LLCREVERENCE OPERATING LLC
7C-17173WALLACEOct 2023ETC SOUTH PERMIAN MIDSTREAM LLCREVERENCE OPERATING LLC
7C-17173WALLACESep 2023ETC SOUTH PERMIAN MIDSTREAM LLCREVERENCE OPERATING LLC
7C-17173WALLACEAug 2023ETC SOUTH PERMIAN MIDSTREAM LLCREVERENCE OPERATING LLC
7C-17173WALLACEJul 2023ETC SOUTH PERMIAN MIDSTREAM LLCREVERENCE OPERATING LLC
7C-17173WALLACEJun 2023ETC SOUTH PERMIAN MIDSTREAM LLCREVERENCE OPERATING LLC
7C-17173WALLACEMay 2023ETC SOUTH PERMIAN MIDSTREAM LLCREVERENCE OPERATING LLC
7C-17173WALLACEApr 2023ETC SOUTH PERMIAN MIDSTREAM LLCREVERENCE OPERATING LLC
7C-17173WALLACEMar 2023ETC SOUTH PERMIAN MIDSTREAM LLCREVERENCE OPERATING LLC
7C-17173WALLACEFeb 2023ETC SOUTH PERMIAN MIDSTREAM LLCREVERENCE OPERATING LLC
7C-17173WALLACEJan 2023ETC SOUTH PERMIAN MIDSTREAM LLCREVERENCE OPERATING LLC
7C-17173WALLACEDec 2022ETC SOUTH PERMIAN MIDSTREAM LLCREVERENCE OPERATING LLC
7C-17173WALLACENov 2022ETC SOUTH PERMIAN MIDSTREAM LLCREVERENCE OPERATING LLC
7C-17173WALLACEOct 2022ETC SOUTH PERMIAN MIDSTREAM LLCREVERENCE OPERATING LLC
7C-17173WALLACESep 2022ETC SOUTH PERMIAN MIDSTREAM LLCREVERENCE OPERATING LLC