Wallace

Oil & Gas Property in Kent County, TX

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

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Property Summary

Key data points for Wallace

CountyKent County, TX
Production DatesJan 1993 - Jun 2025
Total Oil Production164,963 BBLs
Total Gas Production6,591 MCF
Recent Oil Production133 BBLs in May 2025
Recent Gas Production0 MCF in May 2025
Wells on Property10

Our Valuation Estimates for Wallace

ShaleAssessment™

$5,851 *

MarketMultiple™

$25,388 **

* 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 Jun 2025

Wells on Wallace

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-263-30640WALLACE 2-60DURHAM, INC.Dry HoleKent County, TX33.024922-100.797323
42-263-30641WALLACE -A- 1-61DURHAM, INC.Dry HoleKent County, TX33.035461-100.794884
42-263-30644WALLACE 60 2BQP, INC.ProducingKent County, TX33.027677-100.788789
42-263-30645WALLACE 261QP, INC.ProducingKent County, TX33.034637-100.788423
42-263-30657WALLACE "D" 1SAELAM, JACK G.Dry HoleKent County, TX33.024170-100.783605
42-263-30692WALLACE "D" 1-60ELAM, JACK G.Plugged Oil WellKent County, TX33.024297-100.789099
42-263-30714WALLACE, BILBY 1NEWHALL LAND & FARMING CO., THEPlugged Oil WellKent County, TX33.059947-100.797011
42-263-30736WALLACE 3-61ELAM, JACK G.Oil WellKent County, TX33.039926-100.782143
42-263-30790WALLACE, BILBY 2NEWHALL LAND & FARMING CO., THEDry HoleKent County, TX33.056791-100.787680
42-263-30826WALLACE, BILBY 2ANEWHALL LAND & FARMING CO., THEPlugged Oil WellKent County, TX33.057225-100.786648

Leases included in Wallace

Lease #Lease NameOperatorCountyMonthly Oil Prod.
8A-18492WALLACEQP, INC.Kent County, TX
8A-18760WALLACE "64"ELAM, JACK G.Kent County, TX
8A-18816WALLACE "60"QP, INC.Kent County, TX
8A-62964WALLACE "D"ELAM, JACK G.Kent County, TX
8A-63134WALLACE, BILBYFULLER PRODUCTION, INC.Kent County, TX

Operators Associated With Wallace

Nearby Properties

These are the closest 6 properties to the Wallace property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
ClairemontKent County, TX221 BBLs0 MCFJun 2025
CogdellKent County, TX984 BBLs0 MCFJun 2025
FullerScurry County, TX1,049 BBLs0 MCFJun 2025
Mays TrustKent County, TX363 BBLs0 MCFJun 2025
P.L. FullerScurry County, TX2,213 BBLs612 MCFJun 2025
SpiresKent County, TX0 BBLs0 MCFDec 2024

Companies in the Area

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

Company Name
Adkins, R. L. Corp.
Apache Corporation
Brooks, E. B., Jr.
CMR Oil, LLC
D & D Enterprises
Devon Energy Production Company LP
Elam, Jack G.
Elam, Jack G., Inc.
Hofco, Inc.
Howell Petroleum Corporation
Hughes, Dan A. Company
Hughes, Dan A. Company, L.P.
Oasis Operating, Inc.
QP, Inc.
Rio-Tex, Inc.
Sharp Image Energy, Inc.
Spalding Energy, Inc.
Sweet Crude Operating LLC
Thompson, Richard W. Inc.
V-F Petroleum Inc.

Owners of Wallace

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025QP INCWALLACEQP INC
2025CLAIREMONT ENERGY INCWALLACEQP INC
2025WALLACE SUSAN LEEWALLACEQP INC
2025QP INCWALLACE BQP INC
2025TYNER MINERALS LLCWALLACEQP INC
2025ZELINGER MELISSA A ELAMWALLACEQP INC
2025CLAIREMONT ENERGY INCWALLACE BQP INC
2025ELAM JACK EDUC TR #193610WALLACEQP INC
Displaying 8 of 47 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
8A-18816WALLACE "60"Apr 2025ENERGY TRANSFER CRUDE MARKETING LLCQP, INC.
8A-18492WALLACEApr 2025ENERGY TRANSFER CRUDE MARKETING LLCQP, INC.
8A-18492WALLACEMar 2025ENERGY TRANSFER CRUDE MARKETING LLCQP, INC.
8A-18816WALLACE "60"Mar 2025ENERGY TRANSFER CRUDE MARKETING LLCQP, INC.
8A-18816WALLACE "60"Feb 2025ENERGY TRANSFER CRUDE MARKETING LLCQP, INC.
8A-18492WALLACEFeb 2025ENERGY TRANSFER CRUDE MARKETING LLCQP, INC.
8A-18816WALLACE "60"Jan 2025ENERGY TRANSFER CRUDE MARKETING LLCQP, INC.
8A-18492WALLACEJan 2025ENERGY TRANSFER CRUDE MARKETING LLCQP, INC.
8A-18816WALLACE "60"Dec 2024ENERGY TRANSFER CRUDE MARKETING LLCQP, INC.
8A-18492WALLACEDec 2024ENERGY TRANSFER CRUDE MARKETING LLCQP, INC.
8A-18492WALLACEOct 2024ENERGY TRANSFER CRUDE MARKETING LLCQP, INC.
8A-18816WALLACE "60"Oct 2024ENERGY TRANSFER CRUDE MARKETING LLCQP, INC.
8A-18816WALLACE "60"Sep 2024ENERGY TRANSFER CRUDE MARKETING LLCQP, INC.
8A-18492WALLACESep 2024ENERGY TRANSFER CRUDE MARKETING LLCQP, INC.
8A-18816WALLACE "60"Aug 2024ENERGY TRANSFER CRUDE MARKETING LLCQP, INC.
8A-18492WALLACEAug 2024ENERGY TRANSFER CRUDE MARKETING LLCQP, INC.
8A-18816WALLACE "60"Jul 2024ENERGY TRANSFER CRUDE MARKETING LLCQP, INC.
8A-18492WALLACEJul 2024ENERGY TRANSFER CRUDE MARKETING LLCQP, INC.
8A-18492WALLACEJun 2024ENERGY TRANSFER CRUDE MARKETING LLCQP, INC.
8A-18816WALLACE "60"Jun 2024ENERGY TRANSFER CRUDE MARKETING LLCQP, INC.
8A-18492WALLACEMay 2024ENERGY TRANSFER CRUDE MARKETING LLCQP, INC.
8A-18816WALLACE "60"May 2024ENERGY TRANSFER CRUDE MARKETING LLCQP, INC.
8A-18492WALLACEMar 2024ENERGY TRANSFER CRUDE MARKETING LLCQP, INC.
8A-18816WALLACE "60"Mar 2024ENERGY TRANSFER CRUDE MARKETING LLCQP, INC.
8A-18816WALLACE "60"Feb 2024ENERGY TRANSFER CRUDE MARKETING LLCQP, INC.