Wallace

Oil & Gas Property in Rusk County, TX

Property Summary

Key data points for Wallace

CountyRusk County, TX
OperatorVALENCE OPERATING COMPANY
Production DatesOct 2001 - Jun 2025
Total Oil Production81,575 BBLs
Total Gas Production3,236,650 MCF
Recent Oil Production42 BBLs in May 2025
Recent Gas Production3,262 MCF in May 2025
Wells on Property5

Our Valuation Estimates for Wallace

ShaleAssessment

$24,250 *

MarketMultiple

$20,485 **

* 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 Oct 2001 to Jun 2025

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, TX43 BBLs17,160 MCFJun 2025
Bath UnitRusk County, TX0 BBLs0 MCFMar 2025
Brown Annie 2HRusk County, TX18 BBLs11,425 MCFJun 2025
Christian C.ORusk County, TX10 BBLs6,438 MCFJun 2025
Cullers J. Edgar Gas UnitRusk County, TX1 BBLs87 MCFJun 2025
GoodrichPanola County, TX0 BBLs1,203 MCFJun 2025
Hair Gas UnitRusk County, TX12 BBLs4,424 MCFJun 2025
Jameson AngusRusk County, TX0 BBLs1,322 MCFJun 2025
Jenkins Felix W. Gas UnitRusk County, TX6 BBLs2,765 MCFJun 2025
Kangerga MichaelRusk County, TX100 BBLs22,068 MCFJun 2025
Kinsey Joe SRusk County, TX12 BBLs2,378 MCFJun 2025
Longhorn Gas UnitRusk County, TX8 BBLs10,543 MCFJun 2025
McAlister Gas UnitRusk County, TX0 BBLs4,290 MCFJun 2025
Merritt Thomas C. TrusteeRusk County, TX22 BBLs2,050 MCFJun 2025
Overton GRusk County, TX13 BBLs24,221 MCFJun 2025
SenesacRusk County, TX569 BBLs39,443 MCFJun 2025
Thornton HenryRusk County, TX0 BBLs934 MCFMay 2025
Thornton JamesonRusk County, TX145 BBLs38,475 MCFMay 2025
Watson Gas UnitRusk County, TX28 BBLs15,294 MCFJun 2025
Young Gas UnitRusk County, TX4 BBLs3,075 MCFJun 2025

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
06-185828WALLACE 1Feb 2025DK TRADING & SUPPLY, LLCVALENCE OPERATING COMPANY
06-14138WALLACEJan 2025VALENCE OPERATING COMPANY
06-14138WALLACEJan 2025VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
06-254419WALLACE 3Jan 2025VALENCE OPERATING COMPANY
06-254419WALLACE 3Jan 2025VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
06-257118WALLACE 4Jan 2025VALENCE OPERATING COMPANY
06-257118WALLACE 4Jan 2025VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
06-14138WALLACEDec 2024VALENCE OPERATING COMPANY
06-14138WALLACEDec 2024VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
06-254419WALLACE 3Dec 2024VALENCE OPERATING COMPANY
06-254419WALLACE 3Dec 2024VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
06-257118WALLACE 4Dec 2024VALENCE OPERATING COMPANY
06-257118WALLACE 4Dec 2024VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
06-14138WALLACENov 2024VALENCE OPERATING COMPANY
06-14138WALLACENov 2024VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
06-185828WALLACE 1Nov 2024DK TRADING & SUPPLY, LLCVALENCE OPERATING COMPANY
06-254419WALLACE 3Nov 2024VALENCE OPERATING COMPANY
06-254419WALLACE 3Nov 2024VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
06-257118WALLACE 4Nov 2024VALENCE OPERATING COMPANY
06-257118WALLACE 4Nov 2024VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
06-14138WALLACEOct 2024VALENCE OPERATING COMPANY
06-14138WALLACEOct 2024VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
06-254419WALLACE 3Oct 2024VALENCE OPERATING COMPANY
06-254419WALLACE 3Oct 2024VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
06-257118WALLACE 4Oct 2024VALENCE OPERATING COMPANY