Wallace

Oil & Gas Property in Upton County, TX

Property Summary

Key data points for Wallace

CountyUpton County, TX
Production DatesApr 2010 - May 2025
Total Oil Production104,081 BBLs
Total Gas Production182,686 MCF
Recent Oil Production2,138 BBLs in Apr 2025
Recent Gas Production8,256 MCF in Apr 2025
Wells on Property1

Our Valuation Estimates for Wallace

ShaleAssessment

$12,933 *

MarketMultiple

$232,725 **

* 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 Apr 2010 to May 2025

Wells on Wallace

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-461-36479WALLACE 1REVERENCE OPERATING LLCProducingUpton County, TX31.357310-101.777566

Leases included in Wallace

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
7C-00189WALLACE, J. B. "B"MARATHON OIL COMPANYUpton County, TX
7C-17173WALLACEREVERENCE OPERATING LLCUpton County, TX

Operators Associated With Wallace

Nearby Properties

These are the closest 20 properties to the Wallace property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
AlfordUpton County, TX15 BBLs0 MCFMay 2025
Arnett 44Reagan County, TX1,007 BBLs12,422 MCFMay 2025
Benedum 3Upton County, TX44,680 BBLs209,879 MCFMay 2025
Benedum Spraberry UnitUpton County, TX533 BBLs883 MCFMay 2025
Clark, GladysReagan County, TX0 BBLs0 MCFDec 2023
E. J. Johnson 45Reagan County, TX0 BBLs0 MCFOct 2021
ElliottUpton County, TX0 BBLs0 MCFNov 2024
Emma JaneReagan County, TX82,918 BBLs434,632 MCFMay 2025
JamesReagan County, TX19,303 BBLs219,775 MCFMay 2025
JamesonReagan County, TX0 BBLs0 MCFMay 2025
JeterUpton County, TX9,516 BBLs96,866 MCFMay 2025
Mary RoseReagan County, TX18,622 BBLs134,994 MCFMay 2025
Nickel SaloonUpton County, TX10,616 BBLs69,859 MCFMay 2025
Polaris 4750Upton County, TX33,677 BBLs87,007 MCFMay 2025
Ratliff 9-7Upton County, TX8,537 BBLs0 MCFMay 2025
ShawReagan County, TX0 BBLs0 MCFMay 2025
TalleyReagan County, TX0 BBLs0 MCFFeb 2025
Tomahawk 4810Upton County, TX29,180 BBLs45,957 MCFMay 2025
Torpedo 1048Upton County, TX15,027 BBLs48,828 MCFMay 2025
Whiskey RiverUpton County, TX8,758 BBLs51,914 MCFMay 2025

Owners of Wallace

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024REVERENCE OPERATING LLCWALLACEREVERENE OPERATING
2024CARROLLTON MIN PARTNERS IIIWALLACEREVERENE OPERATING
2024BURLINGTON RES OIL & GAS CO LPWALLACEREVERENE OPERATING
2024MERCADOR ENERGY LLCWALLACEREVERENE OPERATING
2024CARROLLTON MIN PARTNERS III-BWALLACEREVERENE OPERATING
2024ALTA MESA MINERAL ACQUISITIONSWALLACEREVERENE OPERATING
2024BOWDEN BILLY COGDELLWALLACEREVERENE OPERATING
2024BREWER ELIZABETH ANNWALLACEREVERENE OPERATING
Displaying 8 of 17 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
7C-17173WALLACEMar 2025ETC SOUTH PERMIAN MIDSTREAM LLCREVERENCE OPERATING LLC
7C-17173WALLACEFeb 2025ETC SOUTH PERMIAN MIDSTREAM LLCREVERENCE OPERATING LLC
7C-17173WALLACEJan 2025ETC SOUTH PERMIAN MIDSTREAM LLCREVERENCE OPERATING LLC
7C-17173WALLACEDec 2024ETC SOUTH PERMIAN MIDSTREAM LLCREVERENCE OPERATING LLC
7C-17173WALLACENov 2024ETC SOUTH PERMIAN MIDSTREAM LLCREVERENCE OPERATING LLC
7C-17173WALLACEOct 2024ETC SOUTH PERMIAN MIDSTREAM LLCREVERENCE OPERATING LLC
7C-17173WALLACESep 2024ETC SOUTH PERMIAN MIDSTREAM LLCREVERENCE OPERATING LLC
7C-17173WALLACEAug 2024ETC SOUTH PERMIAN MIDSTREAM LLCREVERENCE OPERATING LLC
7C-17173WALLACEJul 2024ETC SOUTH PERMIAN MIDSTREAM LLCREVERENCE OPERATING LLC
7C-17173WALLACEJun 2024ETC SOUTH PERMIAN MIDSTREAM LLCREVERENCE OPERATING LLC
7C-17173WALLACEMay 2024ETC SOUTH PERMIAN MIDSTREAM LLCREVERENCE OPERATING LLC
7C-17173WALLACEApr 2024ETC SOUTH PERMIAN MIDSTREAM LLCREVERENCE OPERATING LLC
7C-17173WALLACEMar 2024ETC SOUTH PERMIAN MIDSTREAM LLCREVERENCE OPERATING LLC
7C-17173WALLACEFeb 2024ETC SOUTH PERMIAN MIDSTREAM LLCREVERENCE OPERATING LLC
7C-17173WALLACEJan 2024ETC SOUTH PERMIAN MIDSTREAM LLCREVERENCE OPERATING LLC
7C-17173WALLACEDec 2023ETC SOUTH PERMIAN MIDSTREAM LLCREVERENCE OPERATING LLC
7C-17173WALLACENov 2023ETC SOUTH PERMIAN MIDSTREAM LLCREVERENCE OPERATING LLC
7C-17173WALLACEOct 2023ETC SOUTH PERMIAN MIDSTREAM LLCREVERENCE OPERATING LLC
7C-17173WALLACESep 2023ETC SOUTH PERMIAN MIDSTREAM LLCREVERENCE OPERATING LLC
7C-17173WALLACEAug 2023ETC SOUTH PERMIAN MIDSTREAM LLCREVERENCE OPERATING LLC
7C-17173WALLACEJul 2023ETC SOUTH PERMIAN MIDSTREAM LLCREVERENCE OPERATING LLC
7C-17173WALLACEJun 2023ETC SOUTH PERMIAN MIDSTREAM LLCREVERENCE OPERATING LLC
7C-17173WALLACEMay 2023ETC SOUTH PERMIAN MIDSTREAM LLCREVERENCE OPERATING LLC
7C-17173WALLACEApr 2023ETC SOUTH PERMIAN MIDSTREAM LLCREVERENCE OPERATING LLC
7C-17173WALLACEMar 2023ETC SOUTH PERMIAN MIDSTREAM LLCREVERENCE OPERATING LLC