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Texas oil lease

Producing

WALLACE

Wallace is an oil lease in Upton County, Texas, operated by Reverence Operating LLC in the Spraberry (Trend Area) field.

1 well

18,275bbl oil, last 12 months−14% vs prior year
RRC lease
7C-17173

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Where it sits

This county

Upton CountyUptonMidlandCraneGlasscockReaganEctorUpton County
Upton County
Gas, last 12 months
57,731 mcf
Oil in Jul 2026
1,357 bbl

Production by month

Oil output fell 14% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 14% over the last 12 monthsMonthly oil production and gas for WALLACE, Aug 2023 to Jul 2026. Oil output fell 14% over the last 12 months. 18,275 bbl in the 12 months through Jul 2026, against 21,307 bbl in the 12 months before.Last 12 months: 18,275 bblbbl per monthmcf per month001,0002,5002,0005,0003,0007,5004,00010k5,00012.5kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 14% over the last 12 monthsMonthly oil production and gas for WALLACE, Aug 2023 to Jul 2026. Oil output fell 14% over the last 12 months. 18,275 bbl in the 12 months through Jul 2026, against 21,307 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001,0002,5002,0005,0003,0007,5004,00010k5,00012.5kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

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

All 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. All 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
All 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. All 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.

Who has run this lease

The operator changed once, most recently in Nov 2020

Operators of this lease over timeThompson, J. Cleo, Jan 2020 to Oct 2020; Reverence Operating LLC, Nov 2020 to Jul 20262020202120222023202420252026Changed Nov 2020Thompson, J. CleoJan 2020 to Oct 2020Reverence Operating LLCNov 2020 to now
Operators of this lease over timeThompson, J. Cleo, Jan 2020 to Oct 2020; Reverence Operating LLC, Nov 2020 to Jul 20262020202120222023202420252026Changed Nov 2020Thompson, J. CleoJan 2020 to Oct 2020Reverence Operating LLCNov 2020 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on WALLACE
API numberWell no.Status
42-461-364791Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Eastex Crude Company, LLCOilGathers100Jan 1, 2023–
Etc South Permian Midstream LLCCasinghead gasBuys100Aug 1, 2024–
Energy Transfer CompanyCasinghead gasGathers100Aug 1, 2024–
Wtg Gas Processing, L.p.Casinghead gasGathers100Mar 30, 2010Jan 1, 2023
Wtg Gas Processing, L.p.Casinghead gasBuys100Mar 30, 2010Jan 1, 2023
Eastex Crude CompanyOilGathers100Nov 1, 2020Jan 1, 2023
Plains Marketing, L.p.OilGathers100Mar 30, 2010Nov 1, 2020

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

160.50 acres on the newest permit

Permits for Wallace
API numberWell no.Acreson the permit
42-461-364791160.50

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

Estimate your royalty

36 months, newest first

Ledger for WALLACE
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Reverence Operating1,3571,5288,5488,5480$80.46$2.89
Jun 2026Reverence Operating2,0942,19910,81710,8170$84.81$3.15
May 2026Reverence Operating1,7411,6938,0548,0540$102.13$2.94
Apr 2026Reverence Operating1,5441,3575,0515,0510$100.32$2.77
Mar 2026Reverence Operating1,8352,2066,8516,8510$91.38$3.04
Feb 2026Reverence Operating1,1576782,0892,0890$64.51$3.62
Jan 2026Reverence Operating1,9302,0631,5531,5530$60.04$7.72
Dec 2025Reverence Operating1,7032,0631,5581,5580$57.97$4.26
Nov 2025Reverence Operating2,0271,7011,7681,7680$60.06$3.79
Oct 2025Reverence Operating7995111,4861,4860$60.89$3.19
Sep 2025Reverence Operating3168000$63.96$2.97
Aug 2025Reverence Operating2,0852,0559,9569,9560$64.86$2.91
Jul 2025Reverence Operating2,2082,25810,83610,8360$68.39$3.20
Jun 2025Reverence Operating2,2522,0828,6158,6150$68.17$3.02
May 2025Reverence Operating2,0562,4082,0132,0130$62.17$3.12
Apr 2025Reverence Operating2,1382,0448,2568,2560$63.54$3.42
Mar 2025Reverence Operating1,7731,5483,8193,8190$68.24$4.12
Feb 2025Reverence Operating1,4541,7222,4292,4290$71.53$4.19
Jan 2025Reverence Operating2,0131,7122,4092,4090$75.74$4.13
Dec 2024Reverence Operating1,5952,0944,0864,0860$70.12$3.01
Nov 2024Reverence Operating1,6941,3932,2002,2000$69.95$2.12
Oct 2024Reverence Operating2,7392,8668,8278,8270$71.99$2.20
Sep 2024Reverence Operating7325071,8501,8500$70.24$2.28
Aug 2024Reverence Operating6538431,6851,6850$76.68$1.99
Jul 2024Reverence Operating6235111,7451,7450$81.80$2.07
Jun 2024Reverence Operating4264991,4811,4810$79.77$2.54
May 2024Reverence Operating6405001,1311,1310$80.02$2.12
Apr 2024Reverence Operating6761,02268680$85.35$1.60
Mar 2024Reverence Operating5993421,1561,1560$81.28$1.49
Feb 2024Reverence Operating7736772,3022,3020$77.25$1.72
Jan 2024Reverence Operating4205141,8311,8310$74.15$3.18
Dec 2023Reverence Operating3433431,4251,4250$71.90$2.52
Nov 2023Reverence Operating3583421,8901,8900$77.69$2.71
Oct 2023Reverence Operating3993381,0081,0080$85.64$2.98
Sep 2023Reverence Operating3996711741740$89.43$2.64
Aug 2023Reverence Operating5845026346340$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

Reverence Operating LLC in Upton County

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Spraberry (Trend Area) field

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