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 - Jan 2024
Total Oil Production26,142 BBLs
Total Gas Production82,325 MCF
Recent Oil Production87 BBLs in Dec 2023
Recent Gas Production0 MCF in Dec 2023
Wells on Property2

Our Valuation Estimates for Wallace

ShaleAssessment™

$716 *

MarketMultiple™

$10,827 **

* 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 Jan 2024

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, TX202 BBLs32,510 MCFJan 2024
Arthur Smith Gas Unit 2HPanola County, TX473 BBLs394,364 MCFJan 2024
Baughman M. ARusk County, TX181 BBLs707 MCFDec 2023
Cassity Gas Unit 3HPanola County, TX85 BBLs40,179 MCFJan 2024
ChildersRusk County, TX28 BBLs1,491 MCFDec 2023
CyphersRusk County, TX161 BBLs22,928 MCFJan 2024
HillinPanola County, TX118 BBLs99,374 MCFJan 2024
Jim G. SealeyPanola County, TX0 BBLs0 MCFOct 2023
JimmersonRusk County, TX62 BBLs8,822 MCFJan 2024
Joe Bailey Hillin Gas UnitPanola County, TX129 BBLs107,791 MCFJan 2024
Jones JulianRusk County, TX0 BBLs0 MCFAug 2023
Pool-Wilks 2HRusk County, TX89 BBLs12,612 MCFJan 2024
Smith, Durwood ARusk County, TX122 BBLs0 MCFJan 2024
Smith, TalmadgeRusk County, TX65 BBLs0 MCFJan 2024
Smith-CassityPanola County, TX153 BBLs129,082 MCFJan 2024
Todd Gas UnitPanola County, TX37 BBLs29,769 MCFJan 2024
Todd-Pool 1HRusk County, TX108 BBLs15,123 MCFJan 2024
White Gas UnitRusk County, TX76 BBLs10,698 MCFJan 2024
White-Burks 1HRusk County, TX85 BBLs11,917 MCFJan 2024
WylieRusk County, TX0 BBLs99 MCFJan 2024

Companies in the Area

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

Company Name
Arkla Exploration Co.
Big Run Production Company
Cabot Oil & Gas Corporation
Enduring Resources, LLC
Goodrich Petroleum Company
Heritage Energy Corporation
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.
Rockcliff Energy Operating LLC
Sabine Oil & Gas Corporation
Sandridge Onshore, LLC

Owners of Wallace

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2023PHILLIPS JACK L COMPANY (WI)WALLACE CASSIE OUPHILLIPS JACK L CO
2023SMITH ALBERT GWALLACE CASSIE OUPHILLIPS JACK L CO
2023MOORE BILLIE JEANWALLACE CASSIE OUPHILLIPS JACK L CO
2023ST CLAIR FRANK & BARBARAWALLACE CASSIE OUPHILLIPS JACK L CO
2023POINTER FAMILY TRUSTWALLACE CASSIE OUPHILLIPS JACK L CO
2023WALLACE JOE WILLIAMWALLACE CASSIE OUPHILLIPS JACK L CO
2023SMITH G LYNNWALLACE CASSIE OUPHILLIPS JACK L CO
2023DGB UNLIMITED INCWALLACE CASSIE OUPHILLIPS JACK L CO
Displaying 8 of 57 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, 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.
06-14488WALLACE, CASSIEAug 2020PLAINS MARKETING, L.P.JACK L. PHILLIPS CO.
06-14488WALLACE, CASSIEJun 2020PLAINS MARKETING, L.P.JACK L. PHILLIPS CO.
06-14488WALLACE, CASSIEMar 2020PLAINS MARKETING, L.P.JACK L. PHILLIPS CO.
06-14488WALLACE, CASSIEDec 2019PLAINS MARKETING, L.P.JACK L. PHILLIPS CO.
06-14488WALLACE, CASSIESep 2019PLAINS MARKETING, L.P.JACK L. PHILLIPS CO.
06-14488WALLACE, CASSIEMay 2019PLAINS MARKETING, L.P.JACK L. PHILLIPS CO.
06-14488WALLACE, CASSIEJan 2019PLAINS MARKETING, L.P.JACK L. PHILLIPS CO.
06-14488WALLACE, CASSIEAug 2018PLAINS MARKETING, L.P.JACK L. PHILLIPS CO.
06-14488WALLACE, CASSIEMay 2018PLAINS MARKETING, L.P.JACK L. PHILLIPS CO.