WALLACE

Name: WALLACE lease production and value, Jan 2002 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by VALENCE OPERATING COMPANY (P-5 881167) in the OAK HILL (TRAVIS PEAK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 14138District 06Field 66461666OilCasinghead gasSave Export

Value, all time

$4.0 M

Jan 2002 – May 2026

Value, last 12 filed months

$43 k

at the published price for each month

Months reported

293

no gaps in the span

Streams

oil, casinghead gas

The OAK HILL (TRAVIS PEAK) field

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 60 leases and 63 wells, and the rule below applies to all of them.

Discovered

1967-04-21

as the register files it

Field class

Oil and gas

the register's own label

Between wells

600 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2011-07-26.

The Commission's schedule remark for this field reads: “SUSPENDED.”

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

Stream	Basis	Volume	Value
Oil	Disposition	56,139 bbl	$3,225,229
Casinghead gas	Production	178,447 Mcf	$756,161
Total			$3,981,389

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 32.2740, -94.5938. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.27404, -94.59377 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule

0.0%

0 of 1 wells

With a plug date

0.0%

0 of 1 wells

Median depth

7,150 ft

1 wells filed one

Completion to plug

—

no well filed both dates

What the state filed about each well

On the RRC proration schedule

00.0%

A plug date is filed

00.0%

BothOn the schedule and plugged. Neither fact cancels the other.

00.0%

NeitherNo plug date, and not on the schedule.

1100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 7,150 ft.

Completions filed

Feb 2020

1 of 1 wells

1 well


42-40133156	2	7,150 ft	Feb 2020	—	—

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (293)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

293 months


May 2026	0	408	106.41	3.05	$1,243
Apr 2026	0	392	98.93	2.87	$1,125
Mar 2026	56	325	89.75	3.15	$6,050
Feb 2026	0	383	63.50	3.75	$1,436
Jan 2026	108	554	59.13	8.00	$10,817
Dec 2025	1	441	56.66	4.41	$2,003
Nov 2025	0	452	58.59	3.93	$1,775
Oct 2025	93	449	59.38	3.30	$7,006
Sep 2025	0	428	62.74	3.08	$1,317
Aug 2025	88	444	63.93	3.01	$6,964
Jul 2025	0	500	66.74	3.32	$1,658
Jun 2025	1	497	66.48	3.13	$1,621
May 2025	94	605	60.55	3.23	$7,647
Apr 2025	2	545	62.36	3.54	$2,056
Mar 2025	1	593	67.70	4.27	$2,599
Feb 2025	69	575	70.88	4.34	$7,387
Jan 2025	2	834	74.32	4.28	$3,717
Dec 2024	1	618	68.99	3.12	$1,998
Nov 2024	104	366	69.05	2.20	$7,986
Oct 2024	3	476	71.37	2.28	$1,300
Sep 2024	0	462	69.61	2.36	$1,092
Aug 2024	89	666	75.63	2.06	$8,105
Jul 2024	2	693	79.93	2.15	$1,647
Jun 2024	1	765	78.08	2.63	$2,093
May 2024	37	625	78.81	2.20	$4,290
Apr 2024	118	597	84.45	1.66	$10,956
Mar 2024	0	780	80.30	1.55	$1,205
Feb 2024	0	542	76.09	1.78	$967
Jan 2024	88	703	73.02	3.30	$8,744
Dec 2023	88	659	71.26	2.61	$7,991
Nov 2023	0	535	77.89	2.81	$1,502
Oct 2023	131	477	85.44	3.09	$12,665
Sep 2023	0	687	89.04	2.74	$1,879
Aug 2023	117	640	80.52	2.67	$11,131
Jul 2023	0	507	74.85	2.64	$1,339
Jun 2023	117	466	68.96	2.26	$9,121
May 2023	0	568	70.62	2.23	$1,265
Apr 2023	126	907	78.12	2.24	$11,873
Mar 2023	0	705	72.85	2.39	$1,687
Feb 2023	93	634	75.11	2.47	$8,548
Jan 2023	1	678	76.53	3.39	$2,373
Dec 2022	62	796	76.41	5.73	$9,298
Nov 2022	0	578	85.00	5.65	$3,264
Oct 2022	26	409	87.18	5.86	$4,665
Sep 2022	1	590	84.88	8.16	$4,901
Aug 2022	34	587	94.52	9.13	$8,571
Jul 2022	27	578	101.58	7.54	$7,102
Jun 2022	52	607	115.09	7.98	$10,827
May 2022	0	593	109.37	8.43	$5,001
Apr 2022	60	544	104.22	6.84	$9,973
Mar 2022	68	580	108.88	5.08	$10,348
Feb 2022	0	545	91.05	4.86	$2,648
Jan 2022	62	704	81.84	4.54	$8,269
Dec 2021	60	618	71.32	3.90	$6,689
Nov 2021	74	561	77.43	5.24	$8,668
Oct 2021	0	682	79.79	5.71	$3,897
Sep 2021	85	971	69.86	5.35	$11,134
Aug 2021	73	901	66.02	4.22	$8,622
Jul 2021	2	645	70.78	3.98	$2,710
Jun 2021	80	833	69.49	3.38	$8,375
May 2021	73	871	63.48	3.02	$7,262
Apr 2021	76	530	60.36	2.76	$6,049
Mar 2021	86	788	61.30	2.72	$7,413
Feb 2021	0	501	57.80	5.55	$2,780
Jan 2021	129	600	50.41	2.81	$8,189
Dec 2020	70	387	44.64	2.68	$4,160
Nov 2020	0	479	38.77	2.71	$1,296
Oct 2020	86	519	36.97	2.48	$4,466
Sep 2020	217	560	37.09	1.99	$9,164
Aug 2020	4	483	39.98	2.39	$1,312
Jul 2020	9	608	38.37	1.83	$1,455
Jun 2020	245	656	34.90	1.69	$9,659
May 2020	0	640	16.92	1.81	$1,161
Apr 2020	54	421	14.75	1.80	$1,556
Mar 2020	74	565	30.34	1.86	$3,294
Feb 2020	4	428	49.88	1.98	$1,047
Jan 2020	43	273	57.25	2.09	$3,034
Dec 2019	42	691	59.01	2.30	$4,071
Nov 2019	98	665	55.30	2.75	$7,249
Oct 2019	33	913	53.47	2.42	$3,973
Sep 2019	39	1,038	55.05	2.66	$4,905
Aug 2019	96	1,153	53.11	2.30	$7,755
Jul 2019	69	1,534	56.27	2.46	$7,656
Jun 2019	2	1,065	52.78	2.49	$2,759
May 2019	36	693	58.48	2.74	$4,004
Apr 2019	69	670	62.63	2.75	$6,164
Mar 2019	101	644	56.80	3.06	$7,709
Feb 2019	91	437	50.85	2.79	$5,848
Jan 2019	244	708	46.03	3.23	$13,517
Dec 2018	0	568	46.59	4.19	$2,377
Nov 2018	149	574	52.93	4.24	$10,319
Oct 2018	157	387	61.44	3.40	$10,961
Sep 2018	161	409	59.54	3.11	$10,857
Aug 2018	157	371	59.40	3.07	$10,463
Jul 2018	152	441	65.14	2.93	$11,194
Jun 2018	174	511	60.18	3.08	$12,044
May 2018	165	370	65.38	2.90	$11,861
Apr 2018	159	404	63.84	2.90	$11,322
Mar 2018	175	374	61.22	2.79	$11,756
Feb 2018	163	371	61.78	2.77	$11,096
Jan 2018	164	622	62.87	4.01	$12,804
Dec 2017	145	535	57.27	2.92	$9,867
Nov 2017	131	614	55.42	3.12	$9,175
Oct 2017	125	676	49.29	2.98	$8,178
Sep 2017	124	658	47.52	3.09	$7,924
Aug 2017	248	614	45.37	3.00	$13,096
Jul 2017	121	573	43.87	3.09	$7,077
Jun 2017	119	617	42.49	3.09	$6,961
May 2017	116	722	45.37	3.26	$7,619
Apr 2017	235	727	47.93	3.21	$13,598
Mar 2017	114	685	46.77	2.98	$7,376
Feb 2017	121	616	50.45	2.95	$7,923
Jan 2017	117	720	49.41	3.42	$8,243
Dec 2016	240	873	48.76	3.72	$14,952
Nov 2016	95	710	42.49	2.64	$5,914
Oct 2016	83	966	46.19	3.09	$6,819
Sep 2016	181	908	41.55	3.10	$10,336
Aug 2016	88	966	41.44	2.92	$6,472
Jul 2016	163	912	41.62	2.92	$9,451
Jun 2016	72	707	45.35	2.69	$5,164
May 2016	169	738	42.52	1.99	$8,655
Apr 2016	93	733	36.56	1.99	$4,860
Mar 2016	183	858	33.01	1.79	$7,580
Feb 2016	99	731	26.47	2.06	$4,129
Jan 2016	175	803	27.35	2.36	$6,685
Dec 2015	93	592	32.36	2.00	$4,194
Nov 2015	183	773	38.79	2.17	$8,774
Oct 2015	81	792	43.55	2.43	$5,449
Sep 2015	154	664	42.99	2.76	$8,452
Aug 2015	82	769	40.16	2.87	$5,502
Jul 2015	152	764	48.15	2.95	$9,569
Jun 2015	71	754	56.15	2.88	$6,160
May 2015	173	798	55.21	2.96	$11,910
Apr 2015	231	718	49.82	2.71	$13,452
Mar 2015	119	683	42.89	2.93	$7,108
Feb 2015	216	603	44.66	2.98	$11,441
Jan 2015	110	732	43.43	3.10	$7,047
Dec 2014	202	654	54.69	3.59	$13,396
Nov 2014	208	644	70.46	4.25	$17,394
Oct 2014	104	649	78.30	3.90	$10,675
Sep 2014	202	608	86.16	4.05	$19,864
Aug 2014	218	634	89.39	4.04	$22,045
Jul 2014	127	646	96.56	4.18	$14,963
Jun 2014	196	565	98.16	4.74	$21,916
May 2014	172	631	94.73	4.73	$19,276
Apr 2014	209	545	95.94	4.81	$22,672
Mar 2014	176	636	95.89	5.06	$20,093
Feb 2014	150	544	97.40	6.19	$17,978
Jan 2014	186	689	90.40	4.86	$20,163
Dec 2013	296	742	91.82	4.35	$30,410
Nov 2013	87	612	88.85	3.74	$10,018
Oct 2013	173	663	97.42	3.78	$19,359
Sep 2013	159	620	104.11	3.72	$18,858
Aug 2013	167	619	104.25	3.52	$19,590
Jul 2013	148	550	102.52	3.72	$17,218
Jun 2013	172	617	94.40	3.93	$18,664
May 2013	177	710	94.83	4.15	$19,731
Apr 2013	190	572	93.96	4.28	$20,302
Mar 2013	180	623	93.62	3.91	$19,289
Feb 2013	187	578	91.23	3.42	$19,037
Jan 2013	264	544	91.60	3.42	$26,043
Dec 2012	148	467	86.77	3.42	$14,439
Nov 2012	128	433	86.95	3.62	$12,699
Oct 2012	134	505	89.38	3.40	$13,694
Sep 2012	119	456	94.67	2.92	$12,597
Aug 2012	186	541	92.66	2.91	$18,808
Jul 2012	130	602	85.13	3.02	$12,885
Jun 2012	230	600	79.82	2.52	$19,870
May 2012	185	478	91.61	2.49	$18,137
Apr 2012	238	613	101.65	2.00	$25,417
Mar 2012	157	606	105.05	2.22	$17,839
Feb 2012	254	540	101.10	2.57	$27,067
Jan 2012	179	674	98.09	2.73	$19,401
Dec 2011	251	673	96.87	3.24	$26,495
Nov 2011	163	759	95.72	3.31	$18,116
Oct 2011	232	727	84.98	3.65	$22,368
Sep 2011	222	761	83.62	3.99	$21,597
Aug 2011	226	705	83.40	4.15	$21,774
Jul 2011	200	777	94.14	4.52	$22,338
Jun 2011	216	754	92.90	4.64	$23,565
May 2011	341	973	98.13	4.40	$37,748
Apr 2011	259	940	105.96	4.33	$31,517
Mar 2011	248	847	96.36	4.06	$27,334
Feb 2011	251	847	85.64	4.18	$25,036
Jan 2011	329	859	86.50	4.59	$32,400
Dec 2010	257	907	85.73	4.35	$25,976
Nov 2010	269	863	80.84	3.80	$25,021
Oct 2010	279	901	78.10	3.51	$24,951
Sep 2010	236	803	72.63	3.98	$20,336
Aug 2010	236	254	73.68	4.42	$18,511
Jul 2010	256	14	72.55	4.74	$18,639
Jun 2010	177	3	70.36	4.91	$12,468
May 2010	295	0	71.12	4.24	$20,980
Apr 2010	471	1,162	81.69	4.12	$43,267
Mar 2010	379	1,397	78.39	4.39	$35,841
Feb 2010	73	268	73.58	5.44	$6,830
Jan 2010	83	277	74.36	5.96	$7,824
Dec 2009	274	1,233	71.44	5.48	$26,336
Nov 2009	168	745	74.59	3.75	$15,326
Oct 2009	151	879	72.54	4.11	$14,566
Sep 2009	320	1,010	65.54	3.06	$24,068
Aug 2009	160	1,082	67.42	3.22	$14,270
Jul 2009	160	1,092	61.13	3.46	$13,564
Jun 2009	314	985	66.16	3.90	$24,611
May 2009	162	1,179	54.74	3.93	$13,496
Apr 2009	300	1,073	46.77	3.59	$17,880
Mar 2009	153	587	42.14	4.06	$8,830
Feb 2009	303	1,087	32.81	4.63	$14,978
Jan 2009	284	894	35.86	5.37	$14,986
Dec 2008	124	957	37.10	5.98	$10,321
Nov 2008	279	788	55.49	6.86	$20,888
Oct 2008	284	1,041	75.24	6.92	$28,574
Sep 2008	288	890	101.76	7.88	$36,317
Aug 2008	246	951	114.22	8.48	$36,165
Jul 2008	143	250	131.08	11.39	$21,592
Jun 2008	285	318	131.33	13.03	$41,573
May 2008	296	296	123.17	11.57	$39,884
Apr 2008	251	0	110.31	10.45	$27,688
Mar 2008	283	0	101.90	9.66	$28,838
Feb 2008	318	0	92.53	8.77	$29,425
Jan 2008	329	500	90.38	8.21	$33,838
Dec 2007	161	500	88.33	7.30	$17,872
Nov 2007	334	500	91.67	7.29	$34,264
Oct 2007	164	500	82.85	6.92	$17,048
Sep 2007	328	500	75.84	6.24	$27,998
Aug 2007	171	500	69.06	6.39	$15,003
Jul 2007	311	500	70.90	6.39	$25,244
Jun 2007	168	500	62.00	7.55	$14,190
May 2007	332	500	58.74	7.85	$23,425
Apr 2007	161	500	59.61	7.81	$13,500
Mar 2007	323	500	56.92	7.30	$22,036
Feb 2007	174	500	55.10	8.22	$13,695
Jan 2007	315	500	50.30	6.73	$19,208
Dec 2006	160	500	56.65	6.92	$12,523
Nov 2006	288	500	54.20	7.62	$19,418
Oct 2006	162	500	54.90	6.01	$11,901
Sep 2006	316	500	60.08	5.04	$21,504
Aug 2006	163	500	68.71	7.34	$14,870
Jul 2006	317	500	69.37	6.34	$25,162
Jun 2006	324	500	66.28	6.38	$24,667
May 2006	163	500	66.01	6.42	$13,972
Apr 2006	313	500	64.39	7.36	$23,834
Mar 2006	160	500	56.70	7.08	$12,613
Feb 2006	315	500	57.59	7.75	$22,016
Jan 2006	324	500	60.59	8.93	$24,098
Dec 2005	159	500	54.94	13.42	$15,443
Nov 2005	316	500	54.69	10.59	$22,576
Oct 2005	159	500	58.34	13.80	$16,174
Sep 2005	314	500	61.45	12.08	$25,335
Aug 2005	318	500	61.51	9.80	$24,459
Jul 2005	159	500	55.69	7.84	$12,777
Jun 2005	324	500	52.33	7.38	$20,645
May 2005	312	500	45.22	6.65	$17,434
Apr 2005	325	500	49.20	7.36	$19,670
Mar 2005	321	500	50.37	7.15	$19,746
Feb 2005	158	500	45.22	6.31	$10,301
Jan 2005	476	500	43.16	6.32	$23,705
Dec 2004	319	500	39.86	6.75	$16,091
Nov 2004	280	500	45.28	6.33	$15,844
Oct 2004	286	500	49.70	6.52	$17,472
Sep 2004	300	500	43.24	5.28	$15,614
Aug 2004	284	500	42.37	5.55	$14,808
Jul 2004	298	500	38.28	6.08	$14,450
Jun 2004	469	500	36.10	6.43	$20,147
May 2004	299	500	37.48	6.49	$14,454
Apr 2004	492	500	34.47	5.86	$19,888
Mar 2004	321	500	34.36	5.53	$13,795
Feb 2004	498	500	32.45	5.51	$18,915
Jan 2004	309	500	32.03	6.30	$13,047
Dec 2003	318	500	30.26	6.30	$12,774
Nov 2003	472	500	28.80	4.60	$15,891
Oct 2003	318	500	28.17	4.76	$11,338
Sep 2003	315	500	26.31	4.75	$10,662
Aug 2003	470	500	29.76	5.13	$16,552
Jul 2003	451	500	29.41	5.17	$15,849
Jun 2003	473	500	28.56	5.98	$16,500
May 2003	310	500	26.59	5.97	$11,229
Apr 2003	454	500	26.67	5.41	$14,812
Mar 2003	615	500	31.14	6.10	$22,199
Feb 2003	306	500	33.48	7.93	$14,208
Jan 2003	611	500	30.31	5.58	$21,310
Dec 2002	472	500	26.91	4.85	$15,128
Nov 2002	605	500	24.66	4.14	$16,988
Oct 2002	431	500	26.46	4.23	$13,519
Sep 2002	722	500	27.44	3.64	$21,629
Aug 2002	428	500	25.96	3.16	$12,693
Jul 2002	717	500	24.58	3.06	$19,155
Jun 2002	694	500	23.73	3.34	$18,138
May 2002	898	500	24.66	3.58	$23,937
Apr 2002	706	500	23.65	3.51	$18,453
Mar 2002	670	500	22.00	3.10	$16,291
Feb 2002	824	500	18.22	2.38	$16,201
Jan 2002	869	500	17.17	2.38	$16,109

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

May 2026 — as filed, then multipliedworked

Oil                    0 bbl  × $106.41 =         $0
Casinghead gas       408 Mcf  × $  3.05 =     $1,243

────────────────────────────────────────────────────
Month total                                   $1,243

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 06/O/14138 is the state's own key, not one this site invented.