Wallace

Oil & Gas Property in Karnes County, TX

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

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Property Summary

Key data points for Wallace

CountyKarnes County, TX
Production DatesJan 1993 - Jul 2025
Total Oil Production74,214 BBLs
Total Gas Production21 MCF
Recent Oil Production176 BBLs in Jun 2025
Recent Gas Production0 MCF in Jun 2025
Wells on Property8

Our Valuation Estimates for Wallace

ShaleAssessment™

$3,451 *

MarketMultiple™

$21,003 **

* 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 Jul 2025

Wells on Wallace

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-255-00467WALLACE, H. W., EST. 1Plugged Oil WellKarnes County, TX28.841153-97.640548
42-255-00469WALLACE, H. W., EST. 2Plugged Oil WellKarnes County, TX28.843151-97.642783
42-255-00470WALLACE, H. W., EST. B 1Plugged Oil WellKarnes County, TX28.839770-97.645713
42-255-00471WALLACE, H. W., EST. B 2Plugged Oil WellKarnes County, TX28.841669-97.647815
42-255-00520WALLACE EST. 1KEYSTONE OPERATING CO.Plugged Oil WellKarnes County, TX28.840246-97.642990
42-255-00521WALLACE EST. 2KEYSTONE OPERATING CO.Plugged Oil WellKarnes County, TX28.841949-97.644906
42-255-00522WALLACE H. W. EST. -B- 1WARNER SISTERS, LLCProducingKarnes County, TX28.841170-97.649921
42-255-31307WALLACE-JONES 1APACHE CORPORATIONDry HoleKarnes County, TX28.835672-97.635986

Leases included in Wallace

Lease #Lease NameOperatorCountyMonthly Oil Prod.
02-01917WALLACE EST.KEYSTONE OPERATING CO.Karnes County, TX
02-01918WALLACE, H. W., EST.HOWELL DRILLING, INC.Karnes County, TX
02-01957WALLACE, H. W., EST.HOWELL DRILLING, INC.Karnes County, TX
02-01974WALLACE, H. W., EST. -B-WARNER SISTERS, LLCKarnes 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
Begot-Eyhorn (Sa) G6 G6HKarnes County, TX2,818 BBLs39,812 MCFJul 2025
Begot-Gus Tips-Kuhne (Sa) FKarnes County, TX3,462 BBLs70,588 MCFJul 2025
Begot-Gust-Eyhorn (Sa)Karnes County, TX10,157 BBLs207,269 MCFJul 2025
Earnest Gas Unit 1Karnes County, TX74 BBLs805 MCFJul 2025
Elizabeth Gas UnitKarnes County, TX0 BBLs327 MCFJul 2025
Gordon Talk Gas Unit 1Karnes County, TX174 BBLs5,550 MCFJul 2025
Gus Tips Gas Unit 1Karnes County, TX160 BBLs2,460 MCFJul 2025
Gus Tips-Runge 1 DKarnes County, TX1,538 BBLs19,039 MCFJul 2025
HackneyKarnes County, TX18 BBLs946 MCFJul 2025
HaganKarnes County, TX53 BBLs0 MCFJul 2025
HilbrichGoliad County, TX7 BBLs868 MCFJul 2025
J. P. GreenKarnes County, TX0 BBLs0 MCFDec 2024
JanssenKarnes County, TX0 BBLs0 MCFNov 2023
JD MineralsKarnes County, TX752 BBLs315 MCFJun 2025
NathoKarnes County, TX109 BBLs0 MCFJul 2025
Neller-RungeKarnes County, TX506 BBLs7,484 MCFJul 2025
NordheimDeWitt County, TX0 BBLs0 MCFJan 2005
RemmersDeWitt County, TX1 BBLs750 MCFJul 2025
Samsel (Wilcox 9950 ) Gas Unit 1Karnes County, TX15 BBLs52 MCFJul 2025
Talk Gas Unit 2Karnes County, TX0 BBLs794 MCFJul 2025

Companies in the Area

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

Company Name
Arcadia Operating, LLC
Bissell Operating LLC
Cougar Oil & Gas Co., Inc.
Crawford Energy Operating Co
Crawford Hughes Operating Co.
Enpower Resources Inc.
Hanson Minerals Co.
High Plains Gas Systems, Inc.
Janssen, Nelson
Nog Production & Operating LLC
P1 Energy, LLC
Proex Energy Management, L.L.C.
Repsol Oil & Gas USA, LLC
Sanchez-O'Brien Oil & Gas Corp
Sue-Ann Operating, L.C.
Victoria Operating, Inc.
West Texas Syndicate LLC.
White Marlin Operating Company, LLC
Winn Exploration Co., Inc.
Zachry Exploration, LLC

Owners of Wallace

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025JONES O F IIIH. W. WALLACE EST. "B" TRACT 1WARNER SISTERS LLC
2025WARNER SISTERS LLCH. W. WALLACE EST. "B" TRACT 1WARNER SISTERS LLC
2025WILCO PROPERTIES INCH. W. WALLACE EST. "B" TRACT 1WARNER SISTERS LLC

Oil & Gas Sales on Wallace

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
02-01974WALLACE, H. W., EST. -B-Apr 2025DORADO OIL COMPANY
02-01974WALLACE, H. W., EST. -B-Mar 2025DORADO OIL COMPANY
02-01974WALLACE, H. W., EST. -B-Feb 2025DORADO OIL COMPANY
02-01974WALLACE, H. W., EST. -B-Jan 2025DORADO OIL COMPANY
02-01974WALLACE, H. W., EST. -B-Dec 2024DORADO OIL COMPANY
02-01974WALLACE, H. W., EST. -B-Nov 2024DORADO OIL COMPANY
02-01974WALLACE, H. W., EST. -B-Oct 2024DORADO OIL COMPANY
02-01974WALLACE, H. W., EST. -B-Sep 2024DORADO OIL COMPANY
02-01974WALLACE, H. W., EST. -B-Jul 2024DORADO OIL COMPANY
02-01974WALLACE, H. W., EST. -B-Jun 2024DORADO OIL COMPANY
02-01974WALLACE, H. W., EST. -B-May 2024DORADO OIL COMPANY
02-01974WALLACE, H. W., EST. -B-Apr 2024DORADO OIL COMPANY
02-01974WALLACE, H. W., EST. -B-Mar 2024DORADO OIL COMPANY
02-01974WALLACE, H. W., EST. -B-Feb 2024DORADO OIL COMPANY
02-01974WALLACE, H. W., EST. -B-Jan 2024DORADO OIL COMPANY
02-01974WALLACE, H. W., EST. -B-Dec 2023DORADO OIL COMPANY
02-01974WALLACE, H. W., EST. -B-Nov 2023DORADO OIL COMPANY
02-01974WALLACE, H. W., EST. -B-Oct 2023DORADO OIL COMPANY
02-01974WALLACE, H. W., EST. -B-Sep 2023DORADO OIL COMPANY
02-01974WALLACE, H. W., EST. -B-Aug 2023DORADO OIL COMPANY
02-01974WALLACE, H. W., EST. -B-Jul 2023DORADO OIL COMPANY
02-01974WALLACE, H. W., EST. -B-Jun 2023DORADO OIL COMPANY
02-01974WALLACE, H. W., EST. -B-May 2023DORADO OIL COMPANY
02-01974WALLACE, H. W., EST. -B-Apr 2023DORADO OIL COMPANY
02-01974WALLACE, H. W., EST. -B-Mar 2023DORADO OIL COMPANY