Wallace

Oil & Gas Property in Upton County, TX

Property Summary

Key data points for Wallace

County,
Production DatesApr 2010 - Feb 2025
Total Oil Production98,114 BBLs
Total Gas Production168,598 MCF
Recent Oil Production2,013 BBLs in Jan 2025
Recent Gas Production2,409 MCF in Jan 2025
Wells on Property1

Our Valuation Estimates for Wallace

ShaleAssessment

$13,359 *

MarketMultiple

$172,371 **

* 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 Feb 2025

Wells on Wallace

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
Unknown,

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, TX22 BBLs54 MCFFeb 2025
Arnett 44Reagan County, TX1,861 BBLs17,405 MCFFeb 2025
Benedum 3Upton County, TX56,349 BBLs231,923 MCFFeb 2025
Benedum Spraberry UnitUpton County, TX1,109 BBLs906 MCFFeb 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, TX112,823 BBLs440,136 MCFFeb 2025
JamesReagan County, TX14,789 BBLs218,238 MCFFeb 2025
JamesonReagan County, TX274 BBLs870 MCFFeb 2025
JeterUpton County, TX9,835 BBLs119,833 MCFFeb 2025
Mary RoseReagan County, TX16,335 BBLs121,938 MCFFeb 2025
Nickel SaloonUpton County, TX12,157 BBLs59,639 MCFFeb 2025
Polaris 4750Upton County, TX44,718 BBLs102,013 MCFFeb 2025
Ratliff 9-7Upton County, TX9,283 BBLs45,724 MCFFeb 2025
ShawReagan County, TX0 BBLs0 MCFFeb 2025
State CarterReagan County, TX172 BBLs0 MCFJan 2025
TalleyReagan County, TX0 BBLs465 MCFFeb 2025
Tomahawk 4810Upton County, TX44,834 BBLs83,104 MCFFeb 2025
Torpedo 1048Upton County, TX16,159 BBLs39,245 MCFFeb 2025

Companies in the Area

These are the closest 0 companies operating near the Wallace property.

Company Name

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-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
7C-17173WALLACEFeb 2023ETC SOUTH PERMIAN MIDSTREAM LLCREVERENCE OPERATING LLC
7C-17173WALLACEJan 2023ETC SOUTH PERMIAN MIDSTREAM LLCREVERENCE OPERATING LLC
7C-17173WALLACEDec 2022ETC SOUTH PERMIAN MIDSTREAM LLCREVERENCE OPERATING LLC
7C-17173WALLACENov 2022ETC SOUTH PERMIAN MIDSTREAM LLCREVERENCE OPERATING LLC
7C-17173WALLACEOct 2022ETC SOUTH PERMIAN MIDSTREAM LLCREVERENCE OPERATING LLC
7C-17173WALLACESep 2022ETC SOUTH PERMIAN MIDSTREAM LLCREVERENCE OPERATING LLC