Wallace

Oil & Gas Property in Rusk County, TX

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Property Summary

Key data points for Wallace

CountyRusk County, TX
OperatorVALENCE OPERATING COMPANY
Production DatesOct 2001 - Jun 2026
Total Oil Production82,260 BBLs
Total Gas Production3,262,061 MCF
Recent Oil Production43 BBLs in May 2026
Recent Gas Production2,028 MCF in May 2026
Wells on Property5

Our Valuation Estimates for Wallace

ShaleAssessment

$20,968 *

MarketMultiple

$16,496 **

* 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 Oct 2001 to Jun 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, TX132 BBLs16,125 MCFJun 2026
Bath UnitRusk County, TX0 BBLs188 MCFJun 2026
Brown Annie 2HRusk County, TX103 BBLs11,858 MCFJun 2026
Christian C.ORusk County, TX0 BBLs4,237 MCFJun 2026
Cullers J. Edgar Gas UnitRusk County, TX0 BBLs36 MCFJun 2026
GoodrichPanola County, TX0 BBLs1,089 MCFJun 2026
Hair Gas UnitRusk County, TX10 BBLs3,677 MCFJun 2026
Jameson AngusRusk County, TX0 BBLs1,104 MCFJun 2026
Jenkins Felix W. Gas UnitRusk County, TX5 BBLs2,147 MCFJun 2026
Kangerga MichaelRusk County, TX86 BBLs19,798 MCFJun 2026
Kinsey Joe SRusk County, TX12 BBLs2,049 MCFJun 2026
Longhorn Gas UnitRusk County, TX13 BBLs8,133 MCFJun 2026
McAlister Gas UnitRusk County, TX1 BBLs2,184 MCFJun 2026
Merritt Thomas C. TrusteeRusk County, TX0 BBLs1,676 MCFJun 2026
Overton GRusk County, TX4 BBLs22,313 MCFJun 2026
SenesacRusk County, TX461 BBLs37,233 MCFJun 2026
Thornton HenryRusk County, TX0 BBLs1,049 MCFMay 2026
Thornton JamesonRusk County, TX0 BBLs32,917 MCFMay 2026
Watson Gas UnitRusk County, TX26 BBLs13,353 MCFJun 2026
Young Gas UnitRusk County, TX5 BBLs2,890 MCFJun 2026

Owners of Wallace

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2026VALENCE OPERATING COMPANYWALLACE -A- (1)VALENCE OPERATING CO
2026VALENCE OPERATING COMPANYWALLACE (4)VALENCE OPERATING CO
2026VALENCE OPERATING COMPANYWALLACE (3)VALENCE OPERATING CO
2026VALENCE OPERATING COMPANYWALLACE (1)VALENCE OPERATING CO
2026VALENCE OPERATING COMPANYWALLACE (2)VALENCE OPERATING CO
2026VALENCE OPERATING COMPANYWALLACE (2)VALENCE OPERATING CO
2026VALENCE OPERATING COMPANYWALLACE (3)VALENCE OPERATING CO
2026PAGE AUDREY BRYANT ESTATEWALLACE (2)VALENCE OPERATING CO
Displaying 8 of 185 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
06-14138WALLACEMay 2026VALENCE OPERATING COMPANY
06-14138WALLACEMay 2026VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
06-254419WALLACE 3May 2026VALENCE OPERATING COMPANY
06-254419WALLACE 3May 2026VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
06-257118WALLACE 4May 2026VALENCE OPERATING COMPANY
06-257118WALLACE 4May 2026VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
06-14138WALLACEApr 2026VALENCE OPERATING COMPANY
06-14138WALLACEApr 2026VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
06-254419WALLACE 3Apr 2026VALENCE OPERATING COMPANY
06-254419WALLACE 3Apr 2026VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
06-257118WALLACE 4Apr 2026VALENCE OPERATING COMPANY
06-257118WALLACE 4Apr 2026VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
06-14138WALLACEMar 2026VALENCE OPERATING COMPANY
06-14138WALLACEMar 2026VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
06-185828WALLACE 1Mar 2026DK TRADING & SUPPLY, LLCVALENCE OPERATING COMPANY
06-254419WALLACE 3Mar 2026VALENCE OPERATING COMPANY
06-254419WALLACE 3Mar 2026VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
06-257118WALLACE 4Mar 2026VALENCE OPERATING COMPANY
06-257118WALLACE 4Mar 2026VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
06-14138WALLACEFeb 2026VALENCE OPERATING COMPANY
06-14138WALLACEFeb 2026VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
06-254419WALLACE 3Feb 2026VALENCE OPERATING COMPANY
06-254419WALLACE 3Feb 2026VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
06-257118WALLACE 4Feb 2026VALENCE OPERATING COMPANY
06-257118WALLACE 4Feb 2026VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY