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Texas gas well

Producing

WALLACE HV UNIT B

Wallace HV Unit B is a gas well in Panola County, Texas, operated by Tgnr East Texas II LLC in the Carthage (Haynesville Shale) field.

1 well

2,708,999mcf gas, last 12 months
Operator
Tgnr East Texas II LLC
County
Panola County
Field
Carthage (Haynesville Shale)
RRC lease
06-298045

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Where it sits

This county

Panola CountyPanolaGreggUpshurShelbyRuskHarrisonMarionPanola County
Panola County
Gas in Jul 2026
159,475 mcf
Reporting since
Nov 2024

Production by month

Gas output fell 66% since Nov 2024

  • Gas (bars)
  • Last 12 months
Gas output fell 66% since Nov 2024Monthly gas production for WALLACE HV UNIT B, Nov 2024 to Jul 2026. Gas output fell 66% since Nov 2024. Monthly average of 168,122 mcf in the latest 3 months, against 496,998 mcf in the first 3.Last 12 months: 2,708,999 mcfmcf per month0200k400k600k800kJan 25AprJulOctJan 26AprJul
Gas output fell 66% since Nov 2024Monthly gas production for WALLACE HV UNIT B, Nov 2024 to Jul 2026. Gas output fell 66% since Nov 2024. Monthly average of 168,122 mcf in the latest 3 months, against 496,998 mcf in the first 3.Last 12 monthsmcf per month0200k400k600k800kJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Feb 2026 the lease's gas goes to a transmission line instead of a processing plant

  • Processing plant (3)
  • Transmission line (2)
  • Lease fuel (1)
Since Feb 2026 the lease's gas goes to a transmission line instead of a processing plantShare of WALLACE HV UNIT B gas by disposition code each month, Nov 2024 to Jul 2026. Since Feb 2026 the lease's gas goes to a transmission line instead of a processing plant.Share of the lease’s gas by disposition code, per month0%50%100%Feb 2026: plant to lineJan 25AprJulOctJan 26AprJul
Since Feb 2026 the lease's gas goes to a transmission line instead of a processing plantShare of WALLACE HV UNIT B gas by disposition code each month, Nov 2024 to Jul 2026. Since Feb 2026 the lease's gas goes to a transmission line instead of a processing plant.Share of gas by disposition code0%50%100%Feb 26: plant to lineJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    91% · 2,471,636 mcf

  • Processing plant (3)

    8.5% · 229,788 mcf

  • Lease fuel (1)

    0.3% · 7,575 mcf

1 well on this lease

Wells on WALLACE HV UNIT B
API numberWell no.Status
42-365-388912HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Eastex Crude Company, LLCCondensateGathers100Mar 18, 2024
Tgnr East Texas II LLCGas-well gasBuys100Mar 18, 2024
Gemini Carthage Pipeline, LLCGas-well gasGathers100Mar 18, 2024

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

Who buys my oilOil price check

2,051.66 acres on the newest permit

  • Worth asking

    An allocation well is on this lease

    A well drilled across several tracts shares its production by an allocation formula, so the decimal is not always your acres over the unit acres. Ask the operator for the allocation formula and the tract factor for your land.

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Permits for Wallace HV Unit B
API numberWell no.Acreson the permit
42-365-388912H2,051.66

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

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21 months, newest first

Ledger for WALLACE HV UNIT B
MonthGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026159,475159,4750$80.46$2.89
Jun 2026165,627164,9970$84.81$3.15
May 2026179,263178,5610$102.13$2.94
Apr 2026187,537186,8600$100.32$2.77
Mar 2026198,536198,5360$91.38$3.04
Feb 2026197,590196,9780$64.51$3.62
Jan 2026230,493229,7880$60.04$7.72
Dec 2025245,564245,5640$57.97$4.26
Nov 2025257,357256,4570$60.06$3.79
Oct 2025287,954286,9310$60.89$3.19
Sep 2025287,374286,3030$63.96$2.97
Aug 2025312,229310,9740$64.86$2.91
Jul 2025336,212334,8980$68.39$3.20
Jun 2025350,855349,3830$68.17$3.02
May 2025390,060388,6030$62.17$3.12
Apr 2025406,243404,8280$63.54$3.42
Mar 2025463,880462,1280$68.24$4.12
Feb 2025457,364455,5900$71.53$4.19
Jan 2025557,932555,9840$75.74$4.13
Dec 2024593,604591,6810$70.12$3.01
Nov 2024339,458338,2170$69.95$2.12

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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This lease belongs to

OperatorTgnr East Texas II LLCFieldCarthage (Haynesville Shale)CountyPanola County

Tgnr East Texas II LLC in Panola County

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