Wallace

Oil & Gas Property in Rusk County, TX

  2. Texas
  3. Rusk County, TX
  4. Oil & Gas Properties in Rusk County, TX
  5. Wallace Oil & Gas Property

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Property Summary

Key data points for Wallace

CountyRusk County, TX
OperatorPHILLIPS, JACK L. CO.
Production DatesJan 1993 - Mar 2026
Total Oil Production27,644 BBLs
Total Gas Production82,325 MCF
Recent Oil Production33 BBLs in Mar 2026
Recent Gas Production0 MCF in Mar 2026
Wells on Property2

Our Valuation Estimates for Wallace

ShaleAssessment™

$367 *

MarketMultiple™

$3,837 **

* 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 Jan 1993 to Mar 2026

Wells on Wallace

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-401-31182WALLACE "F" 1TEXAS OIL & GAS CORP.Plugged Oil/Gas WellRusk County, TX32.104676-94.617526
42-401-31192WALLACE CASSIE 1PHILLIPS, JACK L. CO.ProducingRusk County, TX32.112726-94.619391

Leases included in Wallace

Lease #Lease NameOperatorCountyMonthly Oil Prod.
06-096267WALLACE "F" 1TXO PRODUCTION CORP.Rusk County, TX
06-10496WALLACE, CASSIEPHILLIPS, JACK L. CO.Rusk County, TX
06-11304WALLACE "F"TXO PRODUCTION CORP.Rusk County, TX
06-14488WALLACE, CASSIEPHILLIPS, JACK L. CO.Rusk County, TX

Nearby Properties

These are the closest 20 properties to the Wallace property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Allison-CassityRusk County, TX29 BBLs19,245 MCFApr 2026
Arthur Smith Gas UnitPanola County, TX124 BBLs98,058 MCFApr 2026
Baughman, M. ARusk County, TX0 BBLs0 MCFFeb 2026
Cassity Gas Unit 3HPanola County, TX4 BBLs14,191 MCFApr 2026
ChildersRusk County, TX0 BBLs0 MCFFeb 2026
CyphersRusk County, TX26 BBLs17,742 MCFApr 2026
HillinPanola County, TX2 BBLs17,991 MCFApr 2026
Hillin North (Aw) 1HRusk County, TX245 BBLs428,809 MCFMay 2026
Jim G. SealeyPanola County, TX0 BBLs0 MCFDec 2025
JimmersonRusk County, TX9 BBLs5,408 MCFApr 2026
Joe Bailey Hillin Gas UnitPanola County, TX2 BBLs18,015 MCFApr 2026
Jones JulianRusk County, TX0 BBLs0 MCFJan 2026
Smith Durwood ARusk County, TX115 BBLs0 MCFMar 2026
Smith TalmadgeRusk County, TX41 BBLs0 MCFMar 2026
Todd Gas UnitPanola County, TX3 BBLs14,955 MCFApr 2026
Todd-Pool 1HRusk County, TX28 BBLs12,626 MCFApr 2026
White Gas UnitRusk County, TX11 BBLs7,202 MCFApr 2026
White-Burks 1HRusk County, TX64 BBLs9,894 MCFApr 2026
Wilks 2HRusk County, TX161 BBLs7,174 MCFApr 2026
WylieRusk County, TX0 BBLs88 MCFApr 2026

Companies in the Area

These are the closest 20 companies operating near the Wallace property.

Company Name
Arkla Exploration Co.
Big Run Production Company
Buckhorn Operating LLC
Cabot Oil & Gas Corporation
Enduring Resources, LLC
Goodrich Petroleum Company
Hightower Exploration
J-O'B Operating Company
Jandar Exploration, L. C.
KJ Energy, LLC
M. E. Operating & Services, Inc.
Neumin Production Company
NFR Energy, LLC
North American Reserve Corp.
Phillips, Jack L.
Phillips, Jack L. Co.
Proline Energy Resources Inc
Reynolds Drilling Co., Inc.
Sabine Energy Inc.
TGNR East Texas II LLC

Owners of Wallace

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025PHILLIPS JACK L COMPANY (WI)WALLACE CASSIE OUPHILLIPS JACK L CO
2025MOORE BILLIE JEANWALLACE CASSIE OUPHILLIPS JACK L CO
2025MCNEVIN DONNA GWALLACE CASSIE OUPHILLIPS JACK L CO
2025PARTON MELANIE KWALLACE CASSIE OUPHILLIPS JACK L CO
2025BARNARD TAMI EWALLACE CASSIE OUPHILLIPS JACK L CO
2025ST CLAIR FRANK & BARBARAWALLACE CASSIE OUPHILLIPS JACK L CO
2025POINTER FAMILY TRUSTWALLACE CASSIE OUPHILLIPS JACK L CO
2025WALLACE JOE WILLIAMWALLACE CASSIE OUPHILLIPS JACK L CO
Displaying 8 of 61 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
06-14488WALLACE, CASSIEDec 2025PLAINS MARKETING, L.P.JACK L. PHILLIPS CO.
06-14488WALLACE, CASSIEJul 2025PLAINS MARKETING, L.P.JACK L. PHILLIPS CO.
06-14488WALLACE, CASSIEMay 2025PLAINS MARKETING, L.P.JACK L. PHILLIPS CO.
06-14488WALLACE, CASSIEMar 2025PLAINS MARKETING, L.P.JACK L. PHILLIPS CO.
06-14488WALLACE, CASSIEJan 2025PLAINS MARKETING, L.P.JACK L. PHILLIPS CO.
06-14488WALLACE, CASSIEOct 2024PLAINS MARKETING, L.P.JACK L. PHILLIPS CO.
06-14488WALLACE, CASSIEAug 2024PLAINS MARKETING, L.P.JACK L. PHILLIPS CO.
06-14488WALLACE, CASSIEJun 2024PLAINS MARKETING, L.P.JACK L. PHILLIPS CO.
06-14488WALLACE, CASSIEJan 2024PLAINS MARKETING, L.P.JACK L. PHILLIPS CO.
06-14488WALLACE, CASSIENov 2023PLAINS MARKETING, L.P.JACK L. PHILLIPS CO.
06-14488WALLACE, CASSIESep 2023PLAINS MARKETING, L.P.JACK L. PHILLIPS CO.
06-14488WALLACE, CASSIEJul 2023PLAINS MARKETING, L.P.JACK L. PHILLIPS CO.
06-14488WALLACE, CASSIEMay 2023PLAINS MARKETING, L.P.JACK L. PHILLIPS CO.
06-14488WALLACE, CASSIEMar 2023PLAINS MARKETING, L.P.JACK L. PHILLIPS CO.
06-14488WALLACE, CASSIEJan 2023PLAINS MARKETING, L.P.JACK L. PHILLIPS CO.
06-14488WALLACE, CASSIENov 2022PLAINS MARKETING, L.P.JACK L. PHILLIPS CO.
06-14488WALLACE, CASSIESep 2022PLAINS MARKETING, L.P.JACK L. PHILLIPS CO.
06-14488WALLACE, CASSIEApr 2022PLAINS MARKETING, L.P.JACK L. PHILLIPS CO.
06-14488WALLACE, CASSIEFeb 2022PLAINS MARKETING, L.P.JACK L. PHILLIPS CO.
06-14488WALLACE, CASSIENov 2021PLAINS MARKETING, L.P.JACK L. PHILLIPS CO.
06-14488WALLACE, CASSIEOct 2021PLAINS MARKETING, L.P.JACK L. PHILLIPS CO.
06-14488WALLACE, CASSIEAug 2021PLAINS MARKETING, L.P.JACK L. PHILLIPS CO.
06-14488WALLACE, CASSIEFeb 2021PLAINS MARKETING, L.P.JACK L. PHILLIPS CO.
06-14488WALLACE, CASSIEDec 2020PLAINS MARKETING, L.P.JACK L. PHILLIPS CO.
06-14488WALLACE, CASSIEOct 2020PLAINS MARKETING, L.P.JACK L. PHILLIPS CO.