Wallace

Oil & Gas Property in Upton County, TX

Property Summary

Key data points for Wallace

CountyUpton County, TX
Production DatesApr 2010 - Jan 2024
Total Oil Production82,891 BBLs
Total Gas Production136,185 MCF
Recent Oil Production343 BBLs in Dec 2023
Recent Gas Production1,425 MCF in Dec 2023
Wells on Property1

Our Valuation Estimates for Wallace

ShaleAssessment

$17,691 *

MarketMultiple

$61,996 **

* 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 Jan 2024

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, TX346 BBLs2,006 MCFDec 2023
Arnett 44Reagan County, TX1,382 BBLs11,281 MCFDec 2023
Benedum 3Upton County, TX56,856 BBLs182,269 MCFJan 2024
Benedum Spraberry UnitUpton County, TX2,207 BBLs513 MCFJan 2024
Clark, GladysReagan County, TX0 BBLs0 MCFSep 2023
E. J. Johnson 45Reagan County, TX0 BBLs0 MCFOct 2021
ElliottUpton County, TX0 BBLs38 MCFDec 2023
Emma JaneReagan County, TX2,698 BBLs935 MCFJan 2024
JamesReagan County, TX35,218 BBLs216,977 MCFJan 2024
JamesonReagan County, TX465 BBLs716 MCFDec 2023
JeterUpton County, TX16,931 BBLs136,625 MCFJan 2024
Johnson, E. JReagan County, TX0 BBLs0 MCFAug 2020
Mary RoseReagan County, TX31,399 BBLs195,287 MCFJan 2024
Nickel SaloonUpton County, TX22,716 BBLs94,124 MCFJan 2024
Polaris 4750Upton County, TX24,835 BBLs23,005 MCFJan 2024
Ratliff 9-7Upton County, TX17,113 BBLs70,827 MCFJan 2024
ShawReagan County, TX0 BBLs282 MCFJan 2024
TalleyReagan County, TX299 BBLs156 MCFJan 2024
Tomahawk 4810Upton County, TX70,108 BBLs62,521 MCFJan 2024
Torpedo 1048Upton County, TX22,108 BBLs17,352 MCFJan 2024

Owners of Wallace

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2023REVERENCE OPERATING LLCWALLACEREVERENE OPERATING
2023CARROLLTON MIN PARTNERS IIIWALLACEREVERENE OPERATING
2023BURLINGTON RES OIL & GAS CO LPWALLACEREVERENE OPERATING
2023MERCADOR ENERGY LLCWALLACEREVERENE OPERATING
2023CARROLLTON MIN PARTNERS III-BWALLACEREVERENE OPERATING
2023BOWDEN BILLY COGDELLWALLACEREVERENE OPERATING
2023ALTA MESA MINERAL ACQUISITIONSWALLACEREVERENE OPERATING
2023BREWER 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-17173WALLACENov 2023WTG SOUTH PERMIAN MIDSTREAM LLCREVERENCE OPERATING LLC
7C-17173WALLACEOct 2023WTG SOUTH PERMIAN MIDSTREAM LLCREVERENCE OPERATING LLC
7C-17173WALLACESep 2023WTG SOUTH PERMIAN MIDSTREAM LLCREVERENCE OPERATING LLC
7C-17173WALLACEAug 2023WTG SOUTH PERMIAN MIDSTREAM LLCREVERENCE OPERATING LLC
7C-17173WALLACEJul 2023WTG SOUTH PERMIAN MIDSTREAM LLCREVERENCE OPERATING LLC
7C-17173WALLACEJun 2023WTG SOUTH PERMIAN MIDSTREAM LLCREVERENCE OPERATING LLC
7C-17173WALLACEMay 2023WTG SOUTH PERMIAN MIDSTREAM LLCREVERENCE OPERATING LLC
7C-17173WALLACEApr 2023WTG SOUTH PERMIAN MIDSTREAM LLCREVERENCE OPERATING LLC
7C-17173WALLACEMar 2023WTG SOUTH PERMIAN MIDSTREAM LLCREVERENCE OPERATING LLC
7C-17173WALLACEFeb 2023WTG SOUTH PERMIAN MIDSTREAM LLCREVERENCE OPERATING LLC
7C-17173WALLACEJan 2023WTG SOUTH PERMIAN MIDSTREAM LLCREVERENCE OPERATING LLC
7C-17173WALLACEDec 2022WTG SOUTH PERMIAN MIDSTREAM LLCREVERENCE OPERATING LLC
7C-17173WALLACENov 2022WTG SOUTH PERMIAN MIDSTREAM LLCREVERENCE OPERATING LLC
7C-17173WALLACEOct 2022WTG SOUTH PERMIAN MIDSTREAM LLCREVERENCE OPERATING LLC
7C-17173WALLACESep 2022WTG SOUTH PERMIAN MIDSTREAM LLCREVERENCE OPERATING LLC
7C-17173WALLACEAug 2022WTG SOUTH PERMIAN MIDSTREAM LLCREVERENCE OPERATING LLC
7C-17173WALLACEJul 2022WTG SOUTH PERMIAN MIDSTREAM LLCREVERENCE OPERATING LLC
7C-17173WALLACEMay 2022WTG SOUTH PERMIAN MIDSTREAM LLCREVERENCE OPERATING LLC
7C-17173WALLACEApr 2022WTG SOUTH PERMIAN MIDSTREAM LLCREVERENCE OPERATING LLC
7C-17173WALLACEMar 2022WTG SOUTH PERMIAN MIDSTREAM LLCREVERENCE OPERATING LLC
7C-17173WALLACEFeb 2022WTG SOUTH PERMIAN MIDSTREAM LLCREVERENCE OPERATING LLC
7C-17173WALLACEJan 2022WTG SOUTH PERMIAN MIDSTREAM LLCREVERENCE OPERATING LLC
7C-17173WALLACEDec 2021WTG SOUTH PERMIAN MIDSTREAM LLCREVERENCE OPERATING LLC
7C-17173WALLACENov 2021WTG SOUTH PERMIAN MIDSTREAM LLCREVERENCE OPERATING LLC
7C-17173WALLACEOct 2021WTG SOUTH PERMIAN MIDSTREAM LLCREVERENCE OPERATING LLC