Texas oil lease · RRC district 8A · Lease 61374
ProducingWALLACE
Wallace is an oil lease in Kent County, Texas, operated by Pop Operating Company in the Ipco (Strawn Lime) field. The Railroad Commission shows 2,985 bbl of oil in the 12 months through May 2026.
Oil lease dossier · 2 wells
- Operator
- Pop Operating Company
- County
- Kent County
- Field
- Ipco (Strawn Lime)
- RRC lease
- 8A-61374
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Where it sits
This county
- Oil in May 2026
- 320 bbl
- Reporting to the state
- since Jan 2020
- Wells
- 2
- Data through
- May 2026
Production
Month by month, from the state record
Oil output fell 17% over the last 12 months
2,474 bbl in the 12 months through Jul 2026, against 2,966 bbl in the 12 months before. 2 months were not reported. A red cross marks each one.
- Oil (bars, left axis)
- Last 12 months
SourceTexas Railroad Commission Production Data Query, oil lease 61374, district 8A. Reported through Jul 2026. The state revises recent months.
Gas disposition
Where the gas went
No gas disposition reported for this lease
Operator history
Who has run this lease
The operator changed once, most recently in Oct 2025
If your statements skip or shrink around a change, ask the new operator's owner relations department whether the month is in suspense.
- Pop Operating Company Oct 2025 to May 2026
- Walsh & Watts, Inc. Jan 2020 to Sep 2025
SourceTexas Railroad Commission Production Data Query, operator by month. Reported through Jul 2026.
Wells
Wells on this lease
No wells are linked to this lease in our data
Who buys and gathers
Who moves and buys this lease's production
Oil
Energy Transfer Marketing & Term gathers it.
100% of it, on the list since Dec 1, 2022
Companies that used to be listed: Lease Use Only (gathers it, until Oct 17, 2025); Walsh & Watts, Inc. (buys it, until Oct 17, 2025); Nominator Not Required / Swr 31 (nominates it, until Dec 1, 2022); Sunoco Ptnrs. Mktg.&terminals LP (gathers it, until Dec 1, 2022).
SourceRailroad Commission of Texas, Form P-4 file, dated Sep 24, 2026 (source). A listed company is authorised to move or buy the production; the state does not say what it paid.
Unit and wells
What the drilling permits say
- Wells on the permits
- 22 not plugged
- Horizontal
- 0
- First completion
- Apr 5, 1975
- Latest permit
- –
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-263-30251 | 3601 | – | Sep 4, 1982 | – |
| 42-263-30265 | 3602 | – | Apr 5, 1975 | – |
Estimator
Estimate your royalty for this lease
Estimator
What could your check be?
Your decimal interest is the small number on your division order that says what share of the whole lease (8/8ths) is yours. Type it in and we apply it to what the state says WALLACE sold each month.
For example 0.00097656, or a fraction like 1/1024.
Dollars per barrel. Your statements show the gap your operator uses. Leave 0 to price oil at WTI.
Your estimate appears here
An estimate, not your check
Ledger
36 months, newest first
| Month | Oil producedbbl | Oil soldbbl | WTI$ per bbl | Henry Hub$ per MMBtu |
|---|---|---|---|---|
| Jul 2026No report | – | – | $80.46 | $2.89 |
| Jun 2026No report | – | – | $84.81 | $3.15 |
| May 2026Pop Operating | 320 | 177 | $102.13 | $2.94 |
| Apr 2026Pop Operating | 137 | 237 | $100.32 | $2.77 |
| Mar 2026Pop Operating | 256 | 181 | $91.38 | $3.04 |
| Feb 2026Pop Operating | 228 | 345 | $64.51 | $3.62 |
| Jan 2026Pop Operating | 220 | 152 | $60.04 | $7.72 |
| Dec 2025Pop Operating | 276 | 178 | $57.97 | $4.26 |
| Nov 2025Pop Operating | 240 | 350 | $60.06 | $3.79 |
| Oct 2025Pop Operating | 274 | 146 | $60.89 | $3.19 |
| Sep 2025Walsh & | 263 | 335 | $63.96 | $2.97 |
| Aug 2025Walsh & | 260 | 358 | $64.86 | $2.91 |
| Jul 2025Walsh & | 270 | 172 | $68.39 | $3.20 |
| Jun 2025Walsh & | 241 | 176 | $68.17 | $3.02 |
| May 2025Walsh & | 251 | 345 | $62.17 | $3.12 |
| Apr 2025Walsh & | 261 | 335 | $63.54 | $3.42 |
| Mar 2025Walsh & | 218 | 175 | $68.24 | $4.12 |
| Feb 2025Walsh & | 220 | 179 | $71.53 | $4.19 |
| Jan 2025Walsh & | 246 | 178 | $75.74 | $4.13 |
| Dec 2024Walsh & | 257 | 340 | $70.12 | $3.01 |
| Nov 2024Walsh & | 254 | 171 | $69.95 | $2.12 |
| Oct 2024Walsh & | 259 | 353 | $71.99 | $2.20 |
| Sep 2024Walsh & | 245 | 178 | $70.24 | $2.28 |
| Aug 2024Walsh & | 244 | 338 | $76.68 | $1.99 |
| Jul 2024Walsh & | 271 | 178 | $81.80 | $2.07 |
| Jun 2024Walsh & | 259 | 178 | $79.77 | $2.54 |
| May 2024Walsh & | 267 | 356 | $80.02 | $2.12 |
| Apr 2024Walsh & | 250 | 350 | $85.35 | $1.60 |
| Mar 2024Walsh & | 265 | 175 | $81.28 | $1.49 |
| Feb 2024Walsh & | 251 | 361 | $77.25 | $1.72 |
| Jan 2024Walsh & | 286 | 180 | $74.15 | $3.18 |
| Dec 2023Walsh & | 251 | 168 | $71.90 | $2.52 |
| Nov 2023Walsh & | 241 | 358 | $77.69 | $2.71 |
| Oct 2023Walsh & | 262 | 177 | $85.64 | $2.98 |
| Sep 2023Walsh & | 257 | 351 | $89.43 | $2.64 |
| Aug 2023Walsh & | 278 | 169 | $81.39 | $2.58 |
No report filed More than 3% of gas flared
SourceVolumes: Texas Railroad Commission Production Data Query, reported through Jul 2026. Prices: EIA WTI Cushing spot and Henry Hub spot, monthly, through Aug 2026. “Gas sold” is gas sent to a transmission line (code 2) or a plant (code 3).
Check your statements
Do your checks match this lease?
Upload your statements for WALLACE. We compare volumes, prices, deductions and timing with the state record and give you the exact question to ask Pop Operating Company.
- A month that was never paid
- Your share of the barrels and mcf
- The price against WTI and Henry Hub
- Fees taken on gas
- Late payment interest
Around this lease
Walk the neighborhood
This lease belongs to
Pop Operating Company in Kent County
- SWENSON
1,392 bbl last 12 months
- FULLER "B"
824 bbl last 12 months
Ipco (Strawn Lime) field
No other producing leases in this field are in our data yet.
New drilling permits in Kent County
We do not have coordinates for this lease, so these are the newest permits in its county.
No recent drilling permits found for this area.
How to read this page
Questions owners ask
What is a decimal interest?
It is your share of the whole lease, written as a decimal. A 1/4 royalty on 5 net acres in a 1,280-acre unit is 1/4 × 5 ÷ 1,280 = 0.00097656. Your division order states yours.
How do I use this page to check a royalty check?
Take the “Oil sold” volume for the month the check covers and multiply it by your decimal. The answer should match the barrels on your statement. If it does not, upload the statement and we will show where the two differ.
Why is the newest month May 2026?
The Railroad Commission publishes production two to three months after the fact and revises recent months. We re-pull the latest three months on every update.
Does this page show what my check should be?
No. It shows what the state recorded. Prices, fees and taxes depend on your lease and on what your operator gets for the oil and gas. The estimator gives a ceiling to compare against.
Sources and method
Where these numbers come from
- Production and disposition by month: Texas Railroad Commission Production Data Query, oil lease 61374, district 8A, reported through Jul 2026.
- Wells: Texas Railroad Commission Wellbore Query.
- Prices: U.S. Energy Information Administration, WTI Cushing spot and Henry Hub spot, monthly.
- Page updated Sep 28, 2026.
We show the state’s numbers as filed. Where the state has no report for a month, we say so instead of guessing.