Smith

Oil Property in Wallace County, KS

  2. Kansas
  3. Wallace County, KS
  4. Oil & Gas Properties in Wallace County, KS
  5. Smith Oil Property

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Property Summary

Key data points for Smith

CountyWallace County, KS
OperatorRED OAK ENERGY, INC.
Production DatesMay 2006 - Feb 2026
Total Oil Production414,284 BBLs
Total Gas Production0 MCF
Recent Oil Production524 BBLs in Jan 2026
Recent Gas Production0 MCF in Jan 2026
Wells on Property3

Our Valuation Estimates for Smith

ShaleAssessment™

$25,647 *

MarketMultiple™

$39,362 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Smith Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Smith
from May 2006 to Feb 2026

Wells on Smith

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
15-199-20324Smith, Joe 1-1Red Oak Energy, Inc.ProducingWallace County, KS38.776500-101.818344
15-199-20328Smith 1-1Red Oak Energy, Inc.ProducingWallace County, KS38.778418-101.824680
15-199-20370Smith 'A' 1Red Oak Energy, Inc.Inactive WellWallace County, KS38.780766-101.820957

Leases included in Smith

Lease #Lease NameOperatorCountyMonthly Oil Prod.
1035123917Smith, Joe 1-1Red Oak Energy, Inc.Wallace County, KS
1037391171Smith 1-1Red Oak Energy, Inc.Wallace County, KS
1038268396Smith 'A' 1Red Oak Energy, Inc.Wallace County, KS

Nearby Properties

These are the closest 8 properties to the Smith property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
BlaesiWallace County, KS540 BBLs0 MCFFeb 2026
KuderGreeley County, KS165 BBLs0 MCFJan 2026
NickelsonGreeley County, KS0 BBLs0 MCFSep 2016
OkesonWallace County, KS0 BBLs0 MCFFeb 2026
PhelpsWallace County, KS0 BBLs0 MCFJan 2020
Prairie WindWallace County, KS522 BBLs0 MCFFeb 2026
PwabWallace County, KS162 BBLs0 MCFJan 2026
WeisWallace County, KS0 BBLs0 MCFJul 2000

Companies in the Area

These are the closest 11 companies operating near the Smith property.

Company Name
American Warrior Inc
Banks Oil Co
Coastal Oil & Gas Corp
DNR Oil And Gas, Inc.
Downing-Nelson Oil Co Inc
Herman L. Loeb LLC
National Cooperative Refinery Assoc.
Pelican Hill Oil & Gas, Inc.
Pet-Ex Inc
Red Oak Energy, Inc.
Vess Oil Corporation