Wallace

Oil & Gas Property in Upton County, TX

Property Summary

Key data points for Wallace

CountyUpton County, TX
Production DatesApr 2010 - Jul 2025
Total Oil Production108,541 BBLs
Total Gas Production202,137 MCF
Recent Oil Production2,252 BBLs in Jun 2025
Recent Gas Production8,615 MCF in Jun 2025
Wells on Property1

Our Valuation Estimates for Wallace

ShaleAssessment

$12,647 *

MarketMultiple

$239,299 **

* 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 Jul 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, TX289 BBLs1,712 MCFJul 2025
Arnett 44Reagan County, TX768 BBLs10,682 MCFJul 2025
Benedum 3Upton County, TX46,345 BBLs240,736 MCFJul 2025
Benedum Spraberry UnitUpton County, TX979 BBLs724 MCFJul 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, TX71,181 BBLs403,070 MCFJul 2025
JamesReagan County, TX18,242 BBLs237,412 MCFJul 2025
JamesonReagan County, TX796 BBLs1,010 MCFJul 2025
JeterUpton County, TX7,800 BBLs79,913 MCFJul 2025
Mary RoseReagan County, TX16,615 BBLs132,022 MCFJul 2025
Nickel SaloonUpton County, TX9,204 BBLs68,322 MCFJul 2025
Polaris 4750Upton County, TX30,977 BBLs83,729 MCFJul 2025
Ratliff 9-7Upton County, TX7,515 BBLs48,111 MCFJul 2025
ShawReagan County, TX0 BBLs0 MCFJul 2025
TalleyReagan County, TX0 BBLs0 MCFFeb 2025
Tomahawk 4810Upton County, TX35,900 BBLs66,488 MCFJul 2025
Torpedo 1048Upton County, TX15,254 BBLs48,817 MCFJul 2025
Whiskey RiverUpton County, TX8,073 BBLs56,567 MCFJul 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
2025BOWDEN BILLY COGDELLWALLACEREVERENE OPERATING
2025ALTA MESA MINERAL ACQUISITIONSWALLACEREVERENE 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