Wallace Unit

Oil & Gas Property in Panola County, TX

Property Summary

Key data points for Wallace Unit

CountyPanola County, TX
Production DatesJan 1993 - Jan 2024
Total Oil Production110,882 BBLs
Total Gas Production11,881,767 MCF
Recent Oil Production276 BBLs in Dec 2023
Recent Gas Production34,282 MCF in Dec 2023
Wells on Property9

Our Valuation Estimates for Wallace Unit

ShaleAssessment

$97,737 *

MarketMultiple

$114,600 **

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

Based on a decimal interest

Wallace Unit 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 Unit
from Jan 1993 to Jan 2024

Wells on Wallace Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-365-31539WALLACE UNIT 1SHERIDAN PRODUCTION CO III, LLCProducingPanola County, TX32.327614-94.120109
42-365-32022WALLACE UNIT 3SHERIDAN PRODUCTION CO III, LLCProducingPanola County, TX32.327877-94.120896
42-365-32262WALLACE UNIT 4SHERIDAN PRODUCTION CO III, LLCProducingPanola County, TX32.333190-94.119470
42-365-32279WALLACE UNIT 2SHERIDAN PRODUCTION CO III, LLCTemp AbandonedPanola County, TX32.325786-94.125877
42-365-33792WALLACE UNIT 5SHERIDAN PRODUCTION CO III, LLCProducingPanola County, TX32.341571-94.124368
42-365-33854WALLACE UNIT 6PENNZOIL EXPLORATION & PROD. CO.Permitted LocationPanola County, TX32.336227-94.127498
42-365-35011WALLACE UNIT 7LSHERIDAN PRODUCTION CO III, LLCTemp AbandonedPanola County, TX32.324395-94.118953
42-365-36246WALLACE UNIT 6SHERIDAN PRODUCTION CO III, LLCProducingPanola County, TX32.330434-94.120196
42-365-37762WALLACE UNIT 10HSHERIDAN PRODUCTION CO III, LLCProducingPanola County, TX32.325159-94.127389

Leases included in Wallace Unit

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
06-104319WALLACE UNIT 1SHERIDAN PRODUCTION CO III, LLCPanola County, TX
06-131551WALLACE UNIT 3SHERIDAN PRODUCTION CO III, LLCPanola County, TX
06-134936WALLACE UNIT 4SHERIDAN PRODUCTION CO III, LLCPanola County, TX
06-135728WALLACE UNIT 2SHERIDAN PRODUCTION CO III, LLCPanola County, TX
06-14645WALLACE UNITSHERIDAN PRODUCTION CO III, LLCPanola County, TX
06-167240WALLACE UNIT 5SHERIDAN PRODUCTION CO III, LLCPanola County, TX
06-172785WALLACE UNIT 5PENNZENERGY EXP. & PROD., L.L.C.Panola County, TX
06-196522WALLACE UNIT 7LSHERIDAN PRODUCTION CO III, LLCPanola County, TX
06-201276WALLACE UNIT 7LSHERIDAN PRODUCTION CO III, LLCPanola County, TX
06-265571WALLACE UNIT 10HSHERIDAN PRODUCTION CO III, LLCPanola County, TX
06-291822WALLACE UNIT 2SHERIDAN PRODUCTION CO III, LLCPanola County, TX

Nearby Properties

These are the closest 20 properties to the Wallace Unit property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Bethany Ne. Waterflood UPanola County, TX0 BBLs0 MCFFeb 2014
BournPanola County, TX0 BBLs0 MCFMar 2023
BrumblePanola County, TX116 BBLs17,109 MCFJan 2024
Brumble G.W. Gas UnitPanola County, TX24 BBLs3,868 MCFJan 2024
Brumble-StuddardPanola County, TX52 BBLs6,473 MCFJan 2024
Campbell W.EPanola County, TX37 BBLs0 MCFJan 2024
Cavin LewisPanola County, TX0 BBLs501,415 MCFJan 2024
ChandlerPanola County, TX0 BBLs280 MCFJan 2024
CrenshawPanola County, TX89 BBLs72,287 MCFJan 2024
Furrh CooperPanola County, TX0 BBLs0 MCFJan 2024
HillPanola County, TX0 BBLs1,083 MCFJan 2024
Hodges J.E. Gas UnitPanola County, TX42 BBLs9,229 MCFJan 2024
Jackson-Furrh HV UnitPanola County, TX0 BBLs318,734 MCFJan 2024
Lake Alexander (Aw) 1HPanola County, TX0 BBLs94,934 MCFJan 2024
LawlessPanola County, TX0 BBLs0 MCFApr 2008
Steele CorriePanola County, TX371 BBLs14,810 MCFJan 2024
TillerPanola County, TX592 BBLs473 MCFJan 2024
Tiller-McJimsey HV UnitPanola County, TX0 BBLs567,689 MCFJan 2024
Tillery-Koch HV UnitPanola County, TX0 BBLs286,525 MCFJan 2024
Toledo Bend Gas Unit 1HPanola County, TX0 BBLs84,280 MCFJan 2024

Owners of Wallace Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2023SHERIDAN PRODUCTION CO LLCWALLACE UNIT (#5 & 10H)SHERIDAN PROD CO LLC
2023SHERIDAN PRODUCTION CO LLCWALLACE UNIT (#5 & 10H)SHERIDAN PROD CO LLC
2023SHERIDAN PRODUCTION CO LLCWALLACE (WELL #3)SHERIDAN PROD CO LLC
2023SHERIDAN PRODUCTION CO LLCWALLACE UNIT #2SHERIDAN PROD CO LLC
2023MOBIL PROD TX & NM INCWALLACE UNIT (#5 & 10H)SHERIDAN PROD CO LLC
2023MOBIL PROD TX & NM INCWALLACE UNIT (#5 & 10H)SHERIDAN PROD CO LLC
2023SHERIDAN PRODUCTION CO LLCWALLACE (WELL #4)SHERIDAN PROD CO LLC
2023SATTERWHITE DAVID GLENWALLACE UNIT (#5 & 10H)SHERIDAN PROD CO LLC
Displaying 8 of 532 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Wallace Unit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
06-104319WALLACE UNIT 1Nov 2023EASTEX CRUDE COMPANY, LLCSHERIDAN PRODUCTION COMPANY, LLC
06-104319WALLACE UNIT 1Nov 2023SHERIDAN PRODUCTION COMPANY, LLC
06-104319WALLACE UNIT 1Nov 2023SHERIDAN PRODUCTION COMPANY, LLC
06-131551WALLACE UNIT 3Nov 2023SHERIDAN PRODUCTION COMPANY, LLC
06-131551WALLACE UNIT 3Nov 2023SHERIDAN PRODUCTION COMPANY, LLC
06-134936WALLACE UNIT 4Nov 2023SHERIDAN PRODUCTION COMPANY, LLC
06-134936WALLACE UNIT 4Nov 2023SHERIDAN PRODUCTION COMPANY, LLC
06-14645WALLACE UNITNov 2023SHERIDAN PRODUCTION COMPANY, LLC
06-14645WALLACE UNITNov 2023SHERIDAN PRODUCTION COMPANY, LLC
06-167240WALLACE UNIT 5Nov 2023SHERIDAN PRODUCTION COMPANY, LLC
06-167240WALLACE UNIT 5Nov 2023SHERIDAN PRODUCTION COMPANY, LLC
06-265571WALLACE UNIT 10HNov 2023SHERIDAN PRODUCTION COMPANY, LLC
06-265571WALLACE UNIT 10HNov 2023SHERIDAN PRODUCTION COMPANY, LLC
06-291822WALLACE UNIT 2Nov 2023SHERIDAN PRODUCTION COMPANY, LLC
06-291822WALLACE UNIT 2Nov 2023SHERIDAN PRODUCTION COMPANY, LLC
06-167240WALLACE UNIT 5Oct 2023SHERIDAN PRODUCTION COMPANY, LLC
06-167240WALLACE UNIT 5Oct 2023SHERIDAN PRODUCTION COMPANY, LLC
06-265571WALLACE UNIT 10HOct 2023SHERIDAN PRODUCTION COMPANY, LLC
06-265571WALLACE UNIT 10HOct 2023SHERIDAN PRODUCTION COMPANY, LLC
06-291822WALLACE UNIT 2Oct 2023SHERIDAN PRODUCTION COMPANY, LLC
06-291822WALLACE UNIT 2Oct 2023SHERIDAN PRODUCTION COMPANY, LLC
06-104319WALLACE UNIT 1Oct 2023EASTEX CRUDE COMPANY, LLCSHERIDAN PRODUCTION COMPANY, LLC
06-104319WALLACE UNIT 1Oct 2023SHERIDAN PRODUCTION COMPANY, LLC
06-104319WALLACE UNIT 1Oct 2023SHERIDAN PRODUCTION COMPANY, LLC
06-131551WALLACE UNIT 3Oct 2023SHERIDAN PRODUCTION COMPANY, LLC