Wallace

Oil & Gas Property in Upton County, TX

Property Summary

Key data points for Wallace

CountyUpton County, TX
Production DatesApr 2010 - Sep 2025
Total Oil Production110,629 BBLs
Total Gas Production212,093 MCF
Recent Oil Production2,085 BBLs in Aug 2025
Recent Gas Production9,956 MCF in Aug 2025
Wells on Property1

Our Valuation Estimates for Wallace

ShaleAssessment

$12,359 *

MarketMultiple

$259,709 **

* 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 Sep 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, TX194 BBLs1,375 MCFSep 2025
Arnett 44Reagan County, TX1,388 BBLs12,296 MCFSep 2025
Benedum 3Upton County, TX41,730 BBLs251,200 MCFSep 2025
Benedum Spraberry UnitUpton County, TX554 BBLs765 MCFSep 2025
Clark, GladysReagan County, TX0 BBLs0 MCFDec 2023
E. J. Johnson 45Reagan County, TX0 BBLs0 MCFOct 2021
ElliottUpton County, TX0 BBLs0 MCFDec 2024
Emma JaneReagan County, TX62,143 BBLs388,001 MCFSep 2025
JamesReagan County, TX17,194 BBLs255,454 MCFSep 2025
JamesonReagan County, TX768 BBLs1,205 MCFSep 2025
JeterUpton County, TX8,870 BBLs86,422 MCFSep 2025
Mary RoseReagan County, TX16,624 BBLs103,123 MCFSep 2025
Nickel SaloonUpton County, TX8,633 BBLs60,699 MCFSep 2025
Polaris 4750Upton County, TX27,966 BBLs68,619 MCFSep 2025
Ratliff 9-7Upton County, TX7,084 BBLs49,270 MCFSep 2025
ShawReagan County, TX0 BBLs69 MCFAug 2025
TalleyReagan County, TX0 BBLs0 MCFSep 2025
Tomahawk 4810Upton County, TX25,323 BBLs45,304 MCFSep 2025
Torpedo 1048Upton County, TX13,948 BBLs50,568 MCFSep 2025
Whiskey RiverUpton County, TX6,812 BBLs59,528 MCFSep 2025

Owners of Wallace

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025REVERENCE OPERATING LLCWALLACEREVERENE OPERATING
2025DORCHESTER MINERALS LPWALLACEREVERENE OPERATING
2025BURLINGTON RES OIL & GAS CO LPWALLACEREVERENE OPERATING
2025MERCADOR ENERGY LLCWALLACEREVERENE OPERATING
2025ALTA MESA MINERAL ACQUISITIONSWALLACEREVERENE OPERATING
2025BOWDEN BILLY COGDELLWALLACEREVERENE OPERATING
2025BREWER ELIZABETH ANNWALLACEREVERENE OPERATING
2025DRAKE ENERGY RESOURCES LLCWALLACEREVERENE OPERATING
Displaying 8 of 16 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