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Texas oil lease

Producing

WALLACE

Wallace is an oil lease in Kent County, Texas, operated by QP, Inc. in the Elam (Strawn) field.

1 well

2,187bbl oil, last 12 months+5% vs prior year
Operator
QP, Inc.
County
Kent County
Field
Elam (Strawn)
RRC lease
8A-18492

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Where it sits

This county

Kent CountyKentDickensKingGarzaStonewallCrosbyKent County
Kent County
Oil in Jun 2026
128 bbl
Reporting since
Jan 2020

Production by month

Oil output rose 5% over the last 12 months

Jul 2026 was not reported.

  • Oil (bars)
  • Last 12 months
Oil output rose 5% over the last 12 monthsMonthly oil production for WALLACE, Aug 2023 to Jul 2026. Oil output rose 5% over the last 12 months. 1,919 bbl in the 12 months through Jul 2026, against 1,826 bbl in the 12 months before.Last 12 months: 1,919 bblbbl per month0100200300400Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 5% over the last 12 monthsMonthly oil production for WALLACE, Aug 2023 to Jul 2026. Oil output rose 5% over the last 12 months. 1,919 bbl in the 12 months through Jul 2026, against 1,826 bbl in the 12 months before.Last 12 monthsbbl per month0100200300400Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

No gas disposition reported for this lease

The operator has not reported where the gas went in the months we hold.

1 well on this lease

Wells on WALLACE
API numberWell no.Status
42-263-30645261Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Trans Crude Marketing LLCOilGathers100Mar 1, 2023–
Ace Gathering, Inc.OilGathers100Jun 1, 2020Mar 1, 2023
Bml, Inc. BOilGathers100May 1, 2020Jun 1, 2020
Rio Energy International, Inc.OilGathers100Aug 1, 2018May 1, 2020

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

Who buys my oilOil price check

480 acres on the newest permit

Permits for Wallace
API numberWell no.Acreson the permit
42-263-30736361480
42-263-30645261480
42-263-10029161–

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 soldbblWTI$/bblHenry Hub$/MMBtu
Jul 2026No report filed––$80.46$2.89
Jun 2026128171$84.81$3.15
May 2026155125$102.13$2.94
Apr 2026267120$100.32$2.77
Mar 202649213$91.38$3.04
Feb 2026149128$64.51$3.62
Jan 2026105127$60.04$7.72
Dec 2025195116$57.97$4.26
Nov 2025144124$60.06$3.79
Oct 2025149151$60.89$3.19
Sep 2025187229$63.96$2.97
Aug 2025391449$64.86$2.91
Jul 2025268239$68.39$3.20
Jun 2025130$68.17$3.02
May 202593116$62.17$3.12
Apr 2025135118$63.54$3.42
Mar 2025173126$68.24$4.12
Feb 2025171234$71.53$4.19
Jan 2025147128$75.74$4.13
Dec 2024179229$70.12$3.01
Nov 20241130$69.95$2.12
Oct 2024162235$71.99$2.20
Sep 2024166126$70.24$2.28
Aug 2024206257$76.68$1.99
Jul 2024151166$81.80$2.07
Jun 2024122118$79.77$2.54
May 2024183254$80.02$2.12
Apr 20242231$85.35$1.60
Mar 202476245$81.28$1.49
Feb 2024189125$77.25$1.72
Jan 2024142221$74.15$3.18
Dec 2023127129$71.90$2.52
Nov 2023312258$77.69$2.71
Oct 202377127$85.64$2.98
Sep 2023187125$89.43$2.64
Aug 2023216249$81.39$2.58

No report filed

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

OperatorQP, Inc.FieldElam (Strawn)CountyKent County

QP, Inc. in Kent County

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Elam (Strawn) field

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New drilling permits in Kent County

Newest in the county: this lease has no coordinates.