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Texas gas well

Producing

WALLACE

Wallace is a gas well in Rusk County, Texas, operated by Valence Operating Company in the Carthage (Haynesville Shale) field.

1 well

7,960mcf gas, last 12 months−35% vs prior year
Operator
Valence Operating Company
County
Rusk County
Field
Carthage (Haynesville Shale)
RRC lease
06-257118

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Where it sits

This county

Rusk CountyRuskPanolaGreggUpshurShelbySmithHarrisonCherokeeRusk County
Rusk County
Oil, last 12 months
131 bbl
Gas in Jul 2026
898 mcf

Production by month

Gas output fell 35% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output fell 35% over the last 12 monthsMonthly gas production and oil for WALLACE, Aug 2023 to Jul 2026. Gas output fell 35% over the last 12 months. 7,960 mcf in the 12 months through Jul 2026, against 12,156 mcf in the 12 months before.Last 12 months: 7,960 mcfmcf per monthbbl per month00500201,000401,500602,00080Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 35% over the last 12 monthsMonthly gas production and oil for WALLACE, Aug 2023 to Jul 2026. Gas output fell 35% over the last 12 months. 7,960 mcf in the 12 months through Jul 2026, against 12,156 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month00500201,000401,500602,00080Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

96% of the gas went to a transmission line in the last 12 months

  • Transmission line (2)
  • Lease fuel (1)
96% of the gas went to a transmission line in the last 12 monthsShare of WALLACE gas by disposition code each month, Aug 2023 to Jul 2026. 96% of the gas went to a transmission line in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
96% of the gas went to a transmission line in the last 12 monthsShare of WALLACE gas by disposition code each month, Aug 2023 to Jul 2026. 96% of the gas went to a transmission line in the last 12 months.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    96% · 7,648 mcf

  • Lease fuel (1)

    3.9% · 312 mcf

1 well on this lease

Wells on WALLACE
API numberWell no.Status
42-401-350854Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Dk Trading & Supply, LLCCondensateGathers90Jan 1, 2023–
Eastex Crude Company, LLCCondensateGathers10Jan 1, 2023–
Midcoast G & P (East Texas) L.p.Gas-well gasBuys100Feb 1, 2019–
Midcoast Pipelines (E Tx) L.p.Gas-well gasGathers100Feb 1, 2019–
Eastex Crude CompanyCondensateGathers10Sep 1, 2020Jan 1, 2023
Lion Oil Trading & Trans, LLCCondensateGathers90Sep 1, 2020Jan 1, 2023
Eastex Crude CompanyCondensateGathers100Jan 20, 2010Sep 1, 2020
Enbridge Pipelines (E. Tx) L.p.Gas-well gasGathers100Jan 20, 2010Feb 1, 2019
Enbridge Pipelines (E. Tx) L.p.Gas-well gasBuys100Jan 20, 2010Feb 1, 2019

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

Who buys my oilOil price check

99.80 acres on the newest permit

Permits for Wallace
API numberWell no.Acreson the permit
42-401-35085499.80

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for WALLACE
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20261118988630$80.46$2.89
Jun 202655261,4311,3790$84.81$3.15
May 20261315245060$102.13$2.94
Apr 2026312542440$100.32$2.77
Mar 202614129939530$91.38$3.04
Feb 20261519819410$64.51$3.62
Jan 2026173022890$60.04$7.72
Dec 2025624814640$57.97$4.26
Nov 2025003773650$60.06$3.79
Oct 20254131631560$60.89$3.19
Sep 2025819859420$63.96$2.97
Aug 20251205715460$64.86$2.91
Jul 2025509309000$68.39$3.20
Jun 20251225455230$68.17$3.02
May 20253251,2431,1940$62.17$3.12
Apr 2025757036760$63.54$3.42
Mar 20251247136860$68.24$4.12
Feb 202511381,2261,1780$71.53$4.19
Jan 20253561,3931,3450$75.74$4.13
Dec 2024921,0841,0430$70.12$3.01
Nov 20241391,0389980$69.95$2.12
Oct 20241287677350$71.99$2.20
Sep 2024301,1641,1180$70.24$2.28
Aug 20246181,3501,3080$76.68$1.99
Jul 20241061,2011,1580$81.80$2.07
Jun 20241041,3331,2860$79.77$2.54
May 20249121,2991,2480$80.02$2.12
Apr 202415371,2321,1850$85.35$1.60
Mar 20241334844660$81.28$1.49
Feb 2024815815580$77.25$1.72
Jan 202418199599230$74.15$3.18
Dec 2023888037740$71.90$2.52
Nov 20231035855580$77.69$2.71
Oct 2023274684420$85.64$2.98
Sep 2023307046730$89.43$2.64
Aug 20236257947620$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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Nearby

This lease belongs to

OperatorValence Operating CompanyFieldCarthage (Haynesville Shale)CountyRusk County

Valence Operating Company in Rusk County

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