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 2026
Total Oil Production27,566 BBLs
Total Gas Production82,325 MCF
Recent Oil Production29 BBLs in Dec 2025
Recent Gas Production0 MCF in Dec 2025
Wells on Property2

Our Valuation Estimates for Wallace

ShaleAssessment™

$378 *

MarketMultiple™

$4,564 **

* 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 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, TX4 BBLs22,864 MCFJan 2026
Arthur Smith Gas UnitPanola County, TX108 BBLs117,208 MCFJan 2026
Baughman M. ARusk County, TX43 BBLs573 MCFDec 2025
Cassity Gas Unit 3HPanola County, TX4 BBLs15,291 MCFJan 2026
ChildersRusk County, TX0 BBLs74 MCFDec 2025
CyphersRusk County, TX95 BBLs13,665 MCFJan 2026
HillinPanola County, TX25 BBLs21,934 MCFJan 2026
Hillin North (Aw) 1HRusk County, TX89 BBLs534,359 MCFFeb 2026
Jim G. SealeyPanola County, TX5 BBLs0 MCFDec 2025
JimmersonRusk County, TX14 BBLs5,594 MCFJan 2026
Joe Bailey Hillin Gas UnitPanola County, TX29 BBLs22,213 MCFJan 2026
Jones JulianRusk County, TX0 BBLs0 MCFSep 2025
Peggy Harris (Aw) 1HRusk County, TX104 BBLs642,684 MCFFeb 2026
PowellPanola County, TX41 BBLs24,699 MCFJan 2026
Smith, Durwood ARusk County, TX89 BBLs0 MCFJan 2026
Smith, TalmadgeRusk County, TX32 BBLs0 MCFJan 2026
Todd Gas UnitPanola County, TX4 BBLs14,958 MCFJan 2026
White Gas UnitRusk County, TX7 BBLs7,982 MCFJan 2026
White-Burks 1HRusk County, TX21 BBLs9,941 MCFJan 2026
WylieRusk County, TX0 BBLs136 MCFJan 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
2025BARNARD TAMI EWALLACE CASSIE OUPHILLIPS JACK L CO
2025PARTON MELANIE KWALLACE CASSIE OUPHILLIPS JACK L CO
2025ST CLAIR FRANK & BARBARAWALLACE CASSIE OUPHILLIPS JACK L CO
2025WALLACE JOE WILLIAMWALLACE CASSIE OUPHILLIPS JACK L CO
2025POINTER FAMILY TRUSTWALLACE 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.