Wallace Unit

Oil & Gas Property in Panola County, TX

Property Summary

Key data points for Wallace Unit

County,
Production DatesJan 1993 - Feb 2025
Total Oil Production113,620 BBLs
Total Gas Production12,543,832 MCF
Recent Oil Production148 BBLs in Jan 2025
Recent Gas Production74,169 MCF in Jan 2025
Wells on Property9

Our Valuation Estimates for Wallace Unit

ShaleAssessment

$71,616 *

MarketMultiple

$187,385 **

* 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 Feb 2025

Wells on Wallace Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
Unknown,
Unknown,
Unknown,
Unknown,
Unknown,
Unknown,
Unknown,
Unknown,
Unknown,

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

Operators Associated With Wallace Unit

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
BrumblePanola County, TX82 BBLs21,532 MCFFeb 2025
Brumble G.W. Gas UnitPanola County, TX26 BBLs3,563 MCFFeb 2025
Brumble-StuddardPanola County, TX37 BBLs5,174 MCFFeb 2025
Campbell W. EPanola County, TX54 BBLs0 MCFFeb 2025
Cavin LewisPanola County, TX0 BBLs428,664 MCFFeb 2025
ChandlerPanola County, TX61 BBLs1,771 MCFFeb 2025
CrenshawPanola County, TX313 BBLs120,860 MCFFeb 2025
Furrh Gas UnitPanola County, TX0 BBLs1,620 MCFFeb 2025
Furrh-CooperPanola County, TX0 BBLs1,050,365 MCFJan 2025
HillPanola County, TX0 BBLs958 MCFJan 2025
Hodges J.E. Gas UnitPanola County, TX96 BBLs8,375 MCFFeb 2025
Jackson-Furrh HV UnitPanola County, TX0 BBLs237,204 MCFFeb 2025
Lake Alexander (Aw) 1HPanola County, TX0 BBLs105,002 MCFFeb 2025
LawlessPanola County, TX0 BBLs0 MCFApr 2008
Steele CorriePanola County, TX220 BBLs25,649 MCFFeb 2025
TillerPanola County, TX287 BBLs380 MCFFeb 2025
Tiller-McJimsey HV UnitPanola County, TX0 BBLs260,331 MCFFeb 2025
Tillery-Koch HV UnitPanola County, TX0 BBLs425,607 MCFFeb 2025
Wallace HV UnitPanola County, TX0 BBLs2,766,281 MCFJan 2025

Companies in the Area

These are the closest 0 companies operating near the Wallace Unit property.

Company Name

Owners of Wallace Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024SHERIDAN PRODUCTION CO LLCWALLACE UNIT (#5 & 10H)SHERIDAN PROD CO LLC
2024SHERIDAN PRODUCTION CO LLCWALLACE UNIT (#5 & 10H)SHERIDAN PROD CO LLC
2024SHERIDAN PRODUCTION CO LLCWALLACE (WELL #3)SHERIDAN PROD CO LLC
2024MOBIL PROD TX & NM INCWALLACE UNIT (#5 & 10H)SHERIDAN PROD CO LLC
2024MOBIL PROD TX & NM INCWALLACE UNIT (#5 & 10H)SHERIDAN PROD CO LLC
2024SHERIDAN PRODUCTION CO LLCWALLACE UNIT #2SHERIDAN PROD CO LLC
2024SHERIDAN PRODUCTION CO LLCWALLACE UNIT (#6)SHERIDAN PROD CO
2024MOBIL PROD TX & NM INCWALLACE (WELL #3)SHERIDAN PROD CO LLC
Displaying 8 of 497 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 1Sep 2024EASTEX CRUDE COMPANY, LLCSHERIDAN PRODUCTION COMPANY, LLC
06-104319WALLACE UNIT 1Sep 2024SHERIDAN PRODUCTION COMPANY, LLC
06-104319WALLACE UNIT 1Sep 2024SHERIDAN PRODUCTION COMPANY, LLC
06-131551WALLACE UNIT 3Sep 2024SHERIDAN PRODUCTION COMPANY, LLC
06-131551WALLACE UNIT 3Sep 2024SHERIDAN PRODUCTION COMPANY, LLC
06-134936WALLACE UNIT 4Sep 2024SHERIDAN PRODUCTION COMPANY, LLC
06-134936WALLACE UNIT 4Sep 2024SHERIDAN PRODUCTION COMPANY, LLC
06-14645WALLACE UNITSep 2024SHERIDAN PRODUCTION COMPANY, LLC
06-14645WALLACE UNITSep 2024SHERIDAN PRODUCTION COMPANY, LLC
06-167240WALLACE UNIT 5Sep 2024SHERIDAN PRODUCTION COMPANY, LLC
06-167240WALLACE UNIT 5Sep 2024SHERIDAN PRODUCTION COMPANY, LLC
06-265571WALLACE UNIT 10HSep 2024SHERIDAN PRODUCTION COMPANY, LLC
06-265571WALLACE UNIT 10HSep 2024SHERIDAN PRODUCTION COMPANY, LLC
06-291822WALLACE UNIT 2Sep 2024SHERIDAN PRODUCTION COMPANY, LLC
06-291822WALLACE UNIT 2Sep 2024SHERIDAN PRODUCTION COMPANY, LLC
06-167240WALLACE UNIT 5Aug 2024SHERIDAN PRODUCTION COMPANY, LLC
06-167240WALLACE UNIT 5Aug 2024SHERIDAN PRODUCTION COMPANY, LLC
06-265571WALLACE UNIT 10HAug 2024SHERIDAN PRODUCTION COMPANY, LLC
06-265571WALLACE UNIT 10HAug 2024SHERIDAN PRODUCTION COMPANY, LLC
06-291822WALLACE UNIT 2Aug 2024SHERIDAN PRODUCTION COMPANY, LLC
06-291822WALLACE UNIT 2Aug 2024SHERIDAN PRODUCTION COMPANY, LLC
06-104319WALLACE UNIT 1Aug 2024EASTEX CRUDE COMPANY, LLCSHERIDAN PRODUCTION COMPANY, LLC
06-104319WALLACE UNIT 1Aug 2024SHERIDAN PRODUCTION COMPANY, LLC
06-104319WALLACE UNIT 1Aug 2024SHERIDAN PRODUCTION COMPANY, LLC
06-131551WALLACE UNIT 3Aug 2024SHERIDAN PRODUCTION COMPANY, LLC