Wallace

Oil & Gas Property in Rusk County, TX

Property Summary

Key data points for Wallace

CountyRusk County, TX
OperatorVALENCE OPERATING COMPANY
Production DatesOct 2001 - Mar 2026
Total Oil Production82,091 BBLs
Total Gas Production3,255,332 MCF
Recent Oil Production63 BBLs in Feb 2026
Recent Gas Production1,946 MCF in Feb 2026
Wells on Property5

Our Valuation Estimates for Wallace

ShaleAssessment

$21,720 *

MarketMultiple

$17,077 **

* 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 Oct 2001 to Mar 2026

Wells on Wallace

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-401-33045WALLACE 1VALENCE OPERATING COMPANYTemp AbandonedRusk County, TX32.273985-94.593819
42-401-33156WALLACE 2VALENCE OPERATING COMPANYProducingRusk County, TX32.274041-94.593767
42-401-33561WALLACE A 1VALENCE OPERATING COMPANYInjectionRusk County, TX32.268189-94.590212
42-401-35068WALLACE 3VALENCE OPERATING COMPANYProducingRusk County, TX32.275841-94.592327
42-401-35085WALLACE 4VALENCE OPERATING COMPANYProducingRusk County, TX32.271574-94.593430

Leases included in Wallace

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
06-14138WALLACEVALENCE OPERATING COMPANYRusk County, TX
06-185828WALLACE 1VALENCE OPERATING COMPANYRusk County, TX
06-214510WALLACE A 1VALENCE OPERATING COMPANYRusk County, TX
06-254419WALLACE 3VALENCE OPERATING COMPANYRusk County, TX
06-254420WALLACE 3VALENCE OPERATING COMPANYRusk County, TX
06-257118WALLACE 4VALENCE OPERATING COMPANYRusk County, TX
06-257120WALLACE 4VALENCE OPERATING COMPANYRusk County, TX
06-257121WALLACE 4VALENCE OPERATING COMPANYRusk County, TX
06-257122WALLACE 4VALENCE OPERATING COMPANYRusk County, TX
06-276851WALLACE A 1VALENCE OPERATING COMPANYRusk County, TX

Nearby Properties

These are the closest 20 properties to the Wallace property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Adams W.T. 2HRusk County, TX75 BBLs14,728 MCFMar 2026
Bath UnitRusk County, TX16 BBLs856 MCFMar 2026
Brown Annie 2HRusk County, TX86 BBLs11,699 MCFMar 2026
Christian C.ORusk County, TX0 BBLs3,979 MCFMar 2026
Cullers J. Edgar Gas UnitRusk County, TX0 BBLs94 MCFMar 2026
GoodrichPanola County, TX0 BBLs946 MCFMar 2026
Hair Gas UnitRusk County, TX2 BBLs3,290 MCFMar 2026
Jameson AngusRusk County, TX0 BBLs1,025 MCFMar 2026
Jenkins Felix W. Gas UnitRusk County, TX1 BBLs2,390 MCFMar 2026
Kangerga MichaelRusk County, TX9 BBLs18,932 MCFMar 2026
Kinsey Joe SRusk County, TX1 BBLs1,960 MCFMar 2026
Longhorn Gas UnitRusk County, TX22 BBLs7,623 MCFMar 2026
McAlister Gas UnitRusk County, TX0 BBLs3,733 MCFMar 2026
Merritt Thomas C. TrusteeRusk County, TX0 BBLs0 MCFJan 2026
Overton GRusk County, TX6 BBLs21,302 MCFMar 2026
SenesacRusk County, TX532 BBLs38,132 MCFMar 2026
Thornton HenryRusk County, TX0 BBLs998 MCFFeb 2026
Thornton JamesonRusk County, TX0 BBLs29,884 MCFFeb 2026
Watson Gas UnitRusk County, TX2 BBLs12,779 MCFMar 2026
Young Gas UnitRusk County, TX8 BBLs2,730 MCFMar 2026

Owners of Wallace

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025VALENCE OPERATING COMPANYWALLACE -A- (1)VALENCE OPERATING CO
2025VALENCE OPERATING COMPANYWALLACE (4)VALENCE OPERATING CO
2025VALENCE OPERATING COMPANYWALLACE (1)VALENCE OPERATING CO
2025VALENCE OPERATING COMPANYWALLACE (3)VALENCE OPERATING CO
2025VALENCE OPERATING COMPANYWALLACE (2)VALENCE OPERATING CO
2025VALENCE OPERATING COMPANYWALLACE (3)VALENCE OPERATING CO
2025VALENCE OPERATING COMPANYWALLACE (2)VALENCE OPERATING CO
2025PAGE AUDREY BRYANT ESTATEWALLACE (3)VALENCE OPERATING CO
Displaying 8 of 190 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
06-14138WALLACEDec 2025VALENCE OPERATING COMPANY
06-14138WALLACEDec 2025VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
06-254419WALLACE 3Dec 2025VALENCE OPERATING COMPANY
06-254419WALLACE 3Dec 2025VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
06-257118WALLACE 4Dec 2025VALENCE OPERATING COMPANY
06-257118WALLACE 4Dec 2025VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
06-14138WALLACENov 2025VALENCE OPERATING COMPANY
06-14138WALLACENov 2025VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
06-254419WALLACE 3Nov 2025VALENCE OPERATING COMPANY
06-254419WALLACE 3Nov 2025VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
06-257118WALLACE 4Nov 2025VALENCE OPERATING COMPANY
06-257118WALLACE 4Nov 2025VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
06-14138WALLACEOct 2025VALENCE OPERATING COMPANY
06-14138WALLACEOct 2025VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
06-185828WALLACE 1Oct 2025DK TRADING & SUPPLY, LLCVALENCE OPERATING COMPANY
06-254419WALLACE 3Oct 2025VALENCE OPERATING COMPANY
06-254419WALLACE 3Oct 2025VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
06-257118WALLACE 4Oct 2025VALENCE OPERATING COMPANY
06-257118WALLACE 4Oct 2025VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
06-14138WALLACESep 2025VALENCE OPERATING COMPANY
06-14138WALLACESep 2025VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
06-254419WALLACE 3Sep 2025VALENCE OPERATING COMPANY
06-254419WALLACE 3Sep 2025VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
06-257118WALLACE 4Sep 2025VALENCE OPERATING COMPANY
06-257118WALLACE 4Sep 2025VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY