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 2026
Total Oil Production168,089 BBLs
Total Gas Production6,591 MCF
Recent Oil Production222 BBLs in May 2026
Recent Gas Production0 MCF in May 2026
Wells on Property10

Our Valuation Estimates for Wallace

ShaleAssessment™

$5,017 *

MarketMultiple™

$27,073 **

* 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
Subscribe for Full Access Subscribe now to gain immediate access
to oil and gas production for Wallace
from Jan 1993 to Jun 2026

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 5 properties to the Wallace property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
ClairemontKent County, TX199 BBLs0 MCFJun 2026
CogdellKent County, TX761 BBLs0 MCFJun 2026
FullerScurry County, TX1,114 BBLs0 MCFJun 2026
Mays TrustKent County, TX326 BBLs0 MCFJun 2026
P.L. FullerScurry County, TX1,351 BBLs394 MCFJun 2026

Companies in the Area

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

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

Owners of Wallace

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2026QP INCWALLACEQP INC
2026CLAIREMONT ENERGY INCWALLACEQP INC
2026WALLACE SUSAN LEEWALLACEQP INC
2026QP INCWALLACE BQP INC
2026TYNER MINERALS LLCWALLACEQP INC
2026ZELINGER MELISSA A ELAMWALLACEQP INC
2026ELAM JACK EDUC TR #193610WALLACEQP INC
2026WALLACE BERT CAROLWALLACEQP INC
Displaying 8 of 45 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"Jun 2026ENERGY TRANSFER CRUDE MARKETING LLCQP, INC.
8A-18492WALLACEJun 2026ENERGY TRANSFER CRUDE MARKETING LLCQP, INC.
8A-18492WALLACEMay 2026ENERGY TRANSFER CRUDE MARKETING LLCQP, INC.
8A-18816WALLACE "60"May 2026ENERGY TRANSFER CRUDE MARKETING LLCQP, INC.
8A-18816WALLACE "60"Apr 2026ENERGY TRANSFER CRUDE MARKETING LLCQP, INC.
8A-18492WALLACEApr 2026ENERGY TRANSFER CRUDE MARKETING LLCQP, INC.
8A-18816WALLACE "60"Mar 2026ENERGY TRANSFER CRUDE MARKETING LLCQP, INC.
8A-18492WALLACEMar 2026ENERGY TRANSFER CRUDE MARKETING LLCQP, INC.
8A-18492WALLACEFeb 2026ENERGY TRANSFER CRUDE MARKETING LLCQP, INC.
8A-18816WALLACE "60"Feb 2026ENERGY TRANSFER CRUDE MARKETING LLCQP, INC.
8A-18816WALLACE "60"Jan 2026ENERGY TRANSFER CRUDE MARKETING LLCQP, INC.
8A-18492WALLACEJan 2026ENERGY TRANSFER CRUDE MARKETING LLCQP, INC.
8A-18816WALLACE "60"Dec 2025ENERGY TRANSFER CRUDE MARKETING LLCQP, INC.
8A-18492WALLACEDec 2025ENERGY TRANSFER CRUDE MARKETING LLCQP, INC.
8A-18816WALLACE "60"Nov 2025ENERGY TRANSFER CRUDE MARKETING LLCQP, INC.
8A-18492WALLACENov 2025ENERGY TRANSFER CRUDE MARKETING LLCQP, INC.
8A-18492WALLACEOct 2025ENERGY TRANSFER CRUDE MARKETING LLCQP, INC.
8A-18816WALLACE "60"Oct 2025ENERGY TRANSFER CRUDE MARKETING LLCQP, INC.
8A-18492WALLACESep 2025ENERGY TRANSFER CRUDE MARKETING LLCQP, INC.
8A-18816WALLACE "60"Sep 2025ENERGY TRANSFER CRUDE MARKETING LLCQP, INC.
8A-18492WALLACEAug 2025ENERGY TRANSFER CRUDE MARKETING LLCQP, INC.
8A-18816WALLACE "60"Aug 2025ENERGY TRANSFER CRUDE MARKETING LLCQP, INC.
8A-18492WALLACEJul 2025ENERGY TRANSFER CRUDE MARKETING LLCQP, INC.
8A-18816WALLACE "60"Jul 2025ENERGY TRANSFER CRUDE MARKETING LLCQP, INC.
8A-18816WALLACE "60"May 2025ENERGY TRANSFER CRUDE MARKETING LLCQP, INC.