Wallace

Oil & Gas Property in Wharton County, TX

Property Summary

Key data points for Wallace

CountyWharton County, TX
Production DatesJan 1993 - Sep 2024
Total Oil Production214 BBLs
Total Gas Production692,298 MCF
Recent Oil Production0 BBLs in Aug 2024
Recent Gas Production1,309 MCF in Aug 2024
Wells on Property2

Our Valuation Estimates for Wallace

ShaleAssessment

$2,045 *

MarketMultiple

$2,614 **

* 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 Jan 1993 to Sep 2024

Wells on Wallace

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-481-00113WALLACE, J. A. 1 CSOUTHEASTERN PIPE LINE COMPANYPlugged Gas WellWharton County, TX29.538674-96.086035
42-481-80015WALLACE A. M. 1HOME PETROLEUM CORP.ProducingWharton County, TX29.543224-96.087710

Leases included in Wallace

Lease #Lease NameOperatorCountyMonthly Gas Prod.
03-005216WALLACE A. M. 1HOME PETROLEUM CORP.Wharton County, TX
03-005217WALLACE, J. A. 1 CSOUTHEASTERN PIPE LINE COMPANYWharton County, TX
03-005219WALLACE, J. A. 1 CSOUTHEASTERN PIPE LINE COMPANYWharton County, TX

Operators Associated With Wallace

Nearby Properties

These are the closest 7 properties to the Wallace property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Angelo UnitWharton County, TX0 BBLs0 MCFFeb 2004
ClarkFort Bend County, TX9 BBLs1,365 MCFSep 2024
ColonyFort Bend County, TX573 BBLs25,347 MCFSep 2024
DusekFort Bend County, TX406 BBLs29,479 MCFSep 2024
El Ferrocarril, LFort Bend County, TX103 BBLs4,833 MCFSep 2024
GalliaFort Bend County, TX582 BBLs35,978 MCFSep 2024
LeveridgeWharton County, TX0 BBLs7,265 MCFSep 2024

Companies in the Area

These are the closest 6 companies operating near the Wallace property.

Company Name
Forney Oil Corporation
Hilcorp Energy Company
Home Petroleum Corp
Southeastern Pipe Line Company
Swift Energy Company
Venus Oil Company

Owners of Wallace

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024HOME PETROLEUM CORPWALLACE, A.M. 1HOME PETROLEUM CORP.

Oil & Gas Sales on Wallace

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
03-005216WALLACE A. M. 1Jul 2024GULFMARK ENERGY, INC.HOME PETROLEUM CORPORATION
03-005216WALLACE A. M. 1Jul 2024DCP OPERATING COMPANY, LPHOME PETROLEUM CORPORATION
03-005216WALLACE A. M. 1Jun 2024DCP OPERATING COMPANY, LPHOME PETROLEUM CORPORATION
03-005216WALLACE A. M. 1May 2024GULFMARK ENERGY, INC.HOME PETROLEUM CORPORATION
03-005216WALLACE A. M. 1May 2024DCP OPERATING COMPANY, LPHOME PETROLEUM CORPORATION
03-005216WALLACE A. M. 1Apr 2024DCP OPERATING COMPANY, LPHOME PETROLEUM CORPORATION
03-005216WALLACE A. M. 1Mar 2024GULFMARK ENERGY, INC.HOME PETROLEUM CORPORATION
03-005216WALLACE A. M. 1Mar 2024DCP OPERATING COMPANY, LPHOME PETROLEUM CORPORATION
03-005216WALLACE A. M. 1Feb 2024DCP OPERATING COMPANY, LPHOME PETROLEUM CORPORATION
03-005216WALLACE A. M. 1Jan 2024DCP OPERATING COMPANY, LPHOME PETROLEUM CORPORATION
03-005216WALLACE A. M. 1Dec 2023GULFMARK ENERGY, INC.HOME PETROLEUM CORPORATION
03-005216WALLACE A. M. 1Dec 2023DCP OPERATING COMPANY, LPHOME PETROLEUM CORPORATION
03-005216WALLACE A. M. 1Nov 2023DCP OPERATING COMPANY, LPHOME PETROLEUM CORPORATION
03-005216WALLACE A. M. 1Oct 2023GULFMARK ENERGY, INC.HOME PETROLEUM CORPORATION
03-005216WALLACE A. M. 1Oct 2023DCP OPERATING COMPANY, LPHOME PETROLEUM CORPORATION
03-005216WALLACE A. M. 1Sep 2023GULFMARK ENERGY, INC.HOME PETROLEUM CORPORATION
03-005216WALLACE A. M. 1Sep 2023DCP OPERATING COMPANY, LPHOME PETROLEUM CORPORATION
03-005216WALLACE A. M. 1Aug 2023DCP OPERATING COMPANY, LPHOME PETROLEUM CORPORATION
03-005216WALLACE A. M. 1Jul 2023DCP OPERATING COMPANY, LPHOME PETROLEUM CORPORATION
03-005216WALLACE A. M. 1Jul 2023GULFMARK ENERGY, INC.HOME PETROLEUM CORPORATION
03-005216WALLACE A. M. 1Jun 2023DCP OPERATING COMPANY, LPHOME PETROLEUM CORPORATION
03-005216WALLACE A. M. 1May 2023GULFMARK ENERGY, INC.HOME PETROLEUM CORPORATION
03-005216WALLACE A. M. 1May 2023DCP OPERATING COMPANY, LPHOME PETROLEUM CORPORATION
03-005216WALLACE A. M. 1Apr 2023DCP OPERATING COMPANY, LPHOME PETROLEUM CORPORATION
03-005216WALLACE A. M. 1Mar 2023DCP OPERATING COMPANY, LPHOME PETROLEUM CORPORATION