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 Production45 BBLs in Feb 2026
Recent Gas Production0 MCF in Feb 2026
Wells on Property2

Our Valuation Estimates for Wallace

ShaleAssessment™

$367 *

MarketMultiple™

$4,272 **

* 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, TX19 BBLs20,228 MCFMar 2026
Arthur Smith Gas UnitPanola County, TX16 BBLs92,549 MCFMar 2026
Baughman M. ARusk County, TX16 BBLs360 MCFFeb 2026
CarletonRusk County, TX0 BBLs0 MCFSep 2025
Cassity Gas Unit 3HPanola County, TX13 BBLs13,382 MCFMar 2026
ChildersRusk County, TX0 BBLs95 MCFFeb 2026
CyphersRusk County, TX29 BBLs15,922 MCFMar 2026
HillinPanola County, TX5 BBLs17,925 MCFMar 2026
Hillin North (Aw) 1HRusk County, TX428 BBLs448,364 MCFMar 2026
Jim G. SealeyPanola County, TX0 BBLs0 MCFDec 2025
JimmersonRusk County, TX11 BBLs5,051 MCFMar 2026
Joe Bailey Hillin Gas UnitPanola County, TX8 BBLs18,220 MCFMar 2026
Jones JulianRusk County, TX0 BBLs0 MCFJan 2026
Peggy Harris (Aw) 1HRusk County, TX340 BBLs549,617 MCFMar 2026
PowellPanola County, TX95 BBLs21,222 MCFMar 2026
Smith Durwood ARusk County, TX55 BBLs0 MCFMar 2026
Smith, TalmadgeRusk County, TX33 BBLs0 MCFMar 2026
Todd Gas UnitPanola County, TX6 BBLs15,313 MCFMar 2026
White Gas UnitRusk County, TX21 BBLs6,514 MCFMar 2026
WylieRusk County, TX0 BBLs78 MCFMar 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
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.
Sandridge Onshore, LLC
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
2025PARTON MELANIE KWALLACE CASSIE OUPHILLIPS JACK L CO
2025BARNARD TAMI EWALLACE CASSIE OUPHILLIPS JACK L CO
2025MCNEVIN DONNA GWALLACE 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.