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 - Jan 2024
Total Oil Production161,205 BBLs
Total Gas Production6,591 MCF
Recent Oil Production182 BBLs in Dec 2023
Recent Gas Production0 MCF in Dec 2023
Wells on Property10

Our Valuation Estimates for Wallace

ShaleAssessment™

$8,460 *

MarketMultiple™

$35,485 **

* 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 Jan 2024

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, TX182 BBLs0 MCFJan 2024
CogdellKent County, TX1,094 BBLs0 MCFJan 2024
FullerScurry County, TX1,419 BBLs0 MCFJan 2024
Mays TrustKent County, TX396 BBLs0 MCFJan 2024
P.L. FullerScurry County, TX4,700 BBLs666 MCFJan 2024
SpiresKent County, TX106 BBLs0 MCFJan 2024

Companies in the Area

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

Company Name
American Cometra, Inc.
Brooks, E. B., Jr.
Bustamante Resources 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.
Marshall & Winston, Inc.
Oasis Operating, Inc.
QP, Inc.
Robertson Resources, 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
2023QP INCWALLACEQP INC
2023CLAIREMONT ENERGY INCWALLACEQP INC
2023QP INCWALLACE BQP INC
2023WALLACE SUSAN LEEWALLACEQP INC
2023BURNWORTH HAROLD FWALLACEQP INC
2023CLAIREMONT ENERGY INCWALLACE BQP INC
2023ZELINGER MELISSA A ELAMWALLACEQP INC
2023WALLACE SUSAN LEEWALLACE BQP INC
Displaying 8 of 43 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"Nov 2023ENERGY TRANSFER CRUDE MARKETING LLCQP, INC.
8A-18492WALLACENov 2023ENERGY TRANSFER CRUDE MARKETING LLCQP, INC.
8A-18492WALLACEOct 2023ENERGY TRANSFER CRUDE MARKETING LLCQP, INC.
8A-18816WALLACE "60"Oct 2023ENERGY TRANSFER CRUDE MARKETING LLCQP, INC.
8A-18816WALLACE "60"Sep 2023ENERGY TRANSFER CRUDE MARKETING LLCQP, INC.
8A-18492WALLACESep 2023ENERGY TRANSFER CRUDE MARKETING LLCQP, INC.
8A-18816WALLACE "60"Aug 2023ENERGY TRANSFER CRUDE MARKETING LLCQP, INC.
8A-18492WALLACEAug 2023ENERGY TRANSFER CRUDE MARKETING LLCQP, INC.
8A-18492WALLACEJul 2023ENERGY TRANSFER CRUDE MARKETING LLCQP, INC.
8A-18816WALLACE "60"Jul 2023ENERGY TRANSFER CRUDE MARKETING LLCQP, INC.
8A-18816WALLACE "60"Jun 2023ENERGY TRANSFER CRUDE MARKETING LLCQP, INC.
8A-18492WALLACEJun 2023ENERGY TRANSFER CRUDE MARKETING LLCQP, INC.
8A-18492WALLACEApr 2023ENERGY TRANSFER CRUDE MARKETING LLCQP, INC.
8A-18816WALLACE "60"Apr 2023ENERGY TRANSFER CRUDE MARKETING LLCQP, INC.
8A-18816WALLACE "60"Mar 2023ENERGY TRANSFER CRUDE MARKETING LLCQP, INC.
8A-18492WALLACEMar 2023ENERGY TRANSFER CRUDE MARKETING LLCQP, INC.
8A-18816WALLACE "60"Feb 2023ACE GATHERING, INC.QP, INC.
8A-18492WALLACEFeb 2023ACE GATHERING, INC.QP, INC.
8A-18492WALLACEJan 2023ACE GATHERING, INC.QP, INC.
8A-18816WALLACE "60"Jan 2023ACE GATHERING, INC.QP, INC.
8A-18492WALLACENov 2022ACE GATHERING, INC.QP, INC.
8A-18816WALLACE "60"Nov 2022ACE GATHERING, INC.QP, INC.
8A-18492WALLACESep 2022ACE GATHERING, INC.QP, INC.
8A-18816WALLACE "60"Sep 2022ACE GATHERING, INC.QP, INC.
8A-18816WALLACE "60"Aug 2022ACE GATHERING, INC.QP, INC.