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Royalty Clerk

Texas oil lease · RRC district 8A · Lease 67348

Producing

WALLACE

Wallace is an oil lease in Kent County, Texas, operated by Extex Operating Company in the S-M-S (Canyon Reef) field. The Railroad Commission shows 4,219 bbl of oil in the 12 months through Jul 2026.

Oil lease dossier · 2 wells

4,219bbl oil, last 12 months−10% vs prior year
Operator
Extex Operating Company
County
Kent County
Field
S-M-S (Canyon Reef)
RRC lease
8A-67348

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Where it sits

This county

Kent CountyKentDickensKingGarzaStonewallCrosbyKent County
Kent County · RRC district 8AOpen Kent County →
Oil in Jul 2026
322 bbl
Reporting to the state
since Jan 2020
Wells
2
Data through
Jul 2026

Production

Month by month, from the state record

What the Railroad Commission says this oil lease produced. Oil is in barrels (bbl). Gas is in thousand cubic feet (mcf).

Oil output fell 10% over the last 12 months

4,219 bbl in the 12 months through Jul 2026, against 4,663 bbl in the 12 months before.

  • Oil (bars, left axis)
  • Last 12 months
Oil output fell 10% over the last 12 monthsMonthly oil production for WALLACE, Aug 2023 to Jul 2026. Oil output fell 10% over the last 12 months. 4,219 bbl in the 12 months through Jul 2026, against 4,663 bbl in the 12 months before.Last 12 months: 4,219 bblbbl per month0200400600800Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 10% over the last 12 monthsMonthly oil production for WALLACE, Aug 2023 to Jul 2026. Oil output fell 10% over the last 12 months. 4,219 bbl in the 12 months through Jul 2026, against 4,663 bbl in the 12 months before.Last 12 monthsbbl per month0200400600800Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, oil lease 67348, district 8A. Reported through Jul 2026. The state revises recent months.

Gas disposition

Where the gas went

Every month the operator tells the state where each mcf of gas went, using a code. The code decides how your gas is paid.

No gas disposition reported for this lease

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

Operator history

Who has run this lease

The operator runs the wells and pays your royalty. When the operator changes, payments often slip for a month or two.

The operator changed once, most recently in Feb 2021

If your statements skip or shrink around a change, ask the new operator's owner relations department whether the month is in suspense.

Operators of this lease over timeLegacy Reserves Operating LP, Jan 2020 to Jan 2021; Extex Operating Company, Feb 2021 to Jul 20262020202120222023202420252026Changed Feb 2021Legacy Reserves Operating LPJan 2020 to Jan 2021Extex Operating CompanyFeb 2021 to now
Operators of this lease over timeLegacy Reserves Operating LP, Jan 2020 to Jan 2021; Extex Operating Company, Feb 2021 to Jul 20262020202120222023202420252026Changed Feb 2021Legacy Reserves Operating LPJan 2020 to Jan 2021Extex Operating CompanyFeb 2021 to now

SourceTexas Railroad Commission Production Data Query, operator by month. Reported through Jul 2026.

Wells

2 wells on this lease

Every well the Railroad Commission links to oil lease 67348 in district 8A. The API number is the state’s ID for a well.
Wells on WALLACE
API numberWell no.Status
42-263-007001Active
42-263-315432Active

SourceTexas Railroad Commission Wellbore Query, district 8A, lease 67348.

Who buys and gathers

Who moves and buys this lease's production

The operator files a Form P-4 with the Railroad Commission naming the companies authorised to gather and buy the oil and gas. The buyer's price is the one your royalty is figured on.

  • Oil

    Energy Transfer Marketing & Term gathers it.

    100% of it, on the list since Dec 1, 2022

Companies that used to be listed: 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.

Who buys my oil and gasIs my oil price fair?

Unit and wells

127.57 acres on the newest permit

Acres and wells as the operator filed them on its Railroad Commission drilling permits. Your decimal is your net acres over the unit acres, so this is the number to hold your division order against.
Wells on the permits
22 not plugged
Horizontal
0
First completion
Jan 19, 1995
Latest permit
Feb 3, 1995

The wells on this lease state different acreage

The permits state between 40 and 127.57 acres. Use the acres from your own division order for the well you are paid on.

Wells and acres on the permits for Wallace
API numberWell no.Acreson the permit
42-263-315432127.57
42-263-00700140

SourceRailroad Commission of Texas, drilling permits and wellbore file, Sep 26, 2026 (source 1, source 2). The acres are what the operator filed; they are not a survey.

Check my decimal against the unit

Estimator

Estimate your royalty for this lease

A rough check before you look at a statement: the state volumes times your decimal, priced at WTI and Henry Hub.

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

Enter your decimal to see an estimated royalty for each of the last 12 months this lease reported. Nothing you type leaves your browser.

An estimate, not your check

It ignores gathering and processing fees, taxes, plant products and the price your operator actually gets, so your statement will differ. Use it as a ceiling to compare against.

Ledger

36 months, newest first

Compare these numbers with your statements. Your share of a month is the “Oil sold” volume times your decimal. Scroll sideways on a phone.
Monthly production, disposition and prices for WALLACE
MonthOil producedbblOil soldbblWTI$ per bblHenry Hub$ per MMBtu
Jul 2026Extex Operating322357$80.46$2.89
Jun 2026Extex Operating325164$84.81$3.15
May 2026Extex Operating333311$102.13$2.94
Apr 2026Extex Operating314483$100.32$2.77
Mar 2026Extex Operating319319$91.38$3.04
Feb 2026Extex Operating278168$64.51$3.62
Jan 2026Extex Operating318343$60.04$7.72
Dec 2025Extex Operating542475$57.97$4.26
Nov 2025Extex Operating238358$60.06$3.79
Oct 2025Extex Operating420352$60.89$3.19
Sep 2025Extex Operating555525$63.96$2.97
Aug 2025Extex Operating255344$64.86$2.91
Jul 2025Extex Operating425346$68.39$3.20
Jun 2025Extex Operating363494$68.17$3.02
May 2025Extex Operating284145$62.17$3.12
Apr 2025Extex Operating311340$63.54$3.42
Mar 2025Extex Operating393508$68.24$4.12
Feb 2025Extex Operating354335$71.53$4.19
Jan 2025Extex Operating426354$75.74$4.13
Dec 2024Extex Operating406355$70.12$3.01
Nov 2024Extex Operating327350$69.95$2.12
Oct 2024Extex Operating471534$71.99$2.20
Sep 2024Extex Operating432346$70.24$2.28
Aug 2024Extex Operating471527$76.68$1.99
Jul 2024Extex Operating624540$81.80$2.07
Jun 2024Extex Operating249362$79.77$2.54
May 2024Extex Operating468538$80.02$2.12
Apr 2024Extex Operating423334$85.35$1.60
Mar 2024Extex Operating434533$81.28$1.49
Feb 2024Extex Operating402350$77.25$1.72
Jan 2024Extex Operating446538$74.15$3.18
Dec 2023Extex Operating509347$71.90$2.52
Nov 2023Extex Operating443532$77.69$2.71
Oct 2023Extex Operating470523$85.64$2.98
Sep 2023Extex Operating436349$89.43$2.64
Aug 2023Extex Operating291179$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).

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Around this lease

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Everything on this page connects to the operator, field and county records. Start from any of them.

This lease belongs to

OperatorExtex Operating CompanyFieldS-M-S (Canyon Reef)CountyKent County

Extex Operating Company in Kent County

All Extex Operating Company leases →

S-M-S (Canyon Reef) field

All leases in this field →

Leases within 10 km

Found by the location of their wells.

  • SWENSON, S. M.

    469 bbl last 12 months · 0.4 km away

  • WALLACE "C"

    0 bbl last 12 months · 0.5 km away

  • REED

    2,055 bbl last 12 months · 0.7 km away

  • RED MUD

    1,283 bbl last 12 months · 2.2 km away

  • STEWART

    1,498 bbl last 12 months · 2.3 km away

Drilling permits within 10 km

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 Jul 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 67348, 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.