Wallace

Oil & Gas Property in Rusk County, TX

Property Summary

Key data points for Wallace

CountyRusk County, TX
OperatorVALENCE OPERATING COMPANY
Production DatesOct 2001 - Dec 2023
Total Oil Production80,358 BBLs
Total Gas Production3,180,836 MCF
Recent Oil Production108 BBLs in Nov 2023
Recent Gas Production2,944 MCF in Nov 2023
Wells on Property5

Our Valuation Estimates for Wallace

ShaleAssessment

$30,048 *

MarketMultiple

$17,806 **

* 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 Dec 2023

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.TRusk County, TX103 BBLs17,328 MCFDec 2023
Bath UnitRusk County, TX0 BBLs399 MCFDec 2023
Beckworth Gas UnitRusk County, TX7 BBLs1,810 MCFDec 2023
Brown Annie 2HRusk County, TX64 BBLs11,213 MCFDec 2023
Cullers J. Edgar Gas UnitRusk County, TX17 BBLs1,795 MCFDec 2023
GoodrichPanola County, TX2 BBLs1,338 MCFDec 2023
Hair Gas UnitRusk County, TX22 BBLs6,644 MCFDec 2023
Jameson AngusRusk County, TX1 BBLs1,329 MCFDec 2023
Jenkins Felix W. Gas UnitRusk County, TX7 BBLs3,021 MCFDec 2023
Kangerga MichaelRusk County, TX100 BBLs22,042 MCFDec 2023
Kinsey Joe SRusk County, TX14 BBLs2,740 MCFDec 2023
Longhorn Gas UnitRusk County, TX5 BBLs10,567 MCFDec 2023
McAlister Gas UnitRusk County, TX0 BBLs2,426 MCFDec 2023
Merritt Thomas C. TrusteeRusk County, TX1 BBLs1,997 MCFDec 2023
Overton GRusk County, TX39 BBLs27,719 MCFDec 2023
SenesacRusk County, TX783 BBLs59,157 MCFDec 2023
Thornton HenryRusk County, TX0 BBLs1,610 MCFDec 2023
Thornton JamesonRusk County, TX229 BBLs39,938 MCFDec 2023
Watson Gas UnitRusk County, TX28 BBLs17,772 MCFDec 2023
Young Gas UnitRusk County, TX10 BBLs4,215 MCFDec 2023

Owners of Wallace

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2023VALENCE OPERATING COMPANYWALLACE (4)VALENCE OPERATING CO
2023VALENCE OPERATING COMPANYWALLACE (3)VALENCE OPERATING CO
2023VALENCE OPERATING COMPANYWALLACE -A- (1)VALENCE OPERATING CO
2023VALENCE OPERATING COMPANYWALLACE (4)VALENCE OPERATING CO
2023PAGE AUDREY BRYANT ESTATEWALLACE (4)VALENCE OPERATING CO
2023VALENCE OPERATING COMPANYWALLACE (3)VALENCE OPERATING CO
2023VALENCE OPERATING COMPANYWALLACE (1)VALENCE OPERATING CO
2023VALENCE OPERATING COMPANYWALLACE (2)VALENCE OPERATING CO
Displaying 8 of 129 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 1Oct 2023DK TRADING & SUPPLY, LLCVALENCE OPERATING COMPANY
06-185828WALLACE 1Aug 2023DK TRADING & SUPPLY, LLCVALENCE OPERATING COMPANY
06-185828WALLACE 1Jun 2023DK TRADING & SUPPLY, LLCVALENCE OPERATING COMPANY
06-14138WALLACEMay 2023VALENCE OPERATING COMPANY
06-14138WALLACEMay 2023VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
06-257118WALLACE 4May 2023VALENCE OPERATING COMPANY
06-257118WALLACE 4May 2023VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
06-14138WALLACEApr 2023VALENCE OPERATING COMPANY
06-14138WALLACEApr 2023VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
06-185828WALLACE 1Apr 2023DK TRADING & SUPPLY, LLCVALENCE OPERATING COMPANY
06-257118WALLACE 4Apr 2023VALENCE OPERATING COMPANY
06-257118WALLACE 4Apr 2023VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
06-14138WALLACEMar 2023VALENCE OPERATING COMPANY
06-14138WALLACEMar 2023VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
06-257118WALLACE 4Mar 2023VALENCE OPERATING COMPANY
06-257118WALLACE 4Mar 2023VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
06-14138WALLACEFeb 2023VALENCE OPERATING COMPANY
06-14138WALLACEFeb 2023VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
06-185828WALLACE 1Feb 2023DK TRADING & SUPPLY, LLCVALENCE OPERATING COMPANY
06-254419WALLACE 3Feb 2023VALENCE OPERATING COMPANY
06-254419WALLACE 3Feb 2023VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
06-257118WALLACE 4Feb 2023VALENCE OPERATING COMPANY
06-257118WALLACE 4Feb 2023VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
06-14138WALLACEJan 2023VALENCE OPERATING COMPANY
06-14138WALLACEJan 2023VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY