WALLACE CC

Operated by UNITED OIL & SHALE LLC (P-5 103207) in the RED DEER CREEK (GRANITE WASH) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 235937District 10Field 752003002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.9 M
Oct 2007 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
224
no gaps in the span
Streams
2
condensate, gas

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 157 leases and 157 wells, and the rule below applies to all of them.

Discovered
1978-03-16
as the register files it
Field class
Oil and gas
the register's own label
Between wells
467 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2008-09-09.

The Commission's schedule remark for this field reads: AND PLAT AS LONG AS THE ALLOCATION IS SUSPENDED.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112008-09-11185526
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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.

StreamBasisVolumeValue
CondensateDisposition11,231 bbl$939,201
GasProduction473,415 Mcf$2,960,113
Total$3,899,314

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 35.7373, -100.5605. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.73725, -100.56051 · centre of the wells drawn, derived

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
10,800 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 10,800 ft.

Completions filed
Feb 2010
1 of 1 wells

1 well

42-39331990101010,800 ftFeb 2010

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 (224)

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

224 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 201745845.373.26$2,068
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 20130436102.523.72$1,621
Jun 20131881,15694.403.93$22,294
May 201301,25794.834.15$5,215
Apr 20131881,18493.964.28$22,735
Mar 201301,75893.623.91$6,879
Feb 201301,51391.233.42$5,174
Jan 201301,45491.603.42$4,973
Dec 20121881,51786.773.42$21,501
Nov 20121871,68486.953.62$22,364
Oct 201201,64989.383.40$5,606
Sep 201201,02694.672.92$2,994
Aug 20121802,65492.662.91$24,397
Jul 20121912,62185.133.02$24,177
Jun 20121942,65279.822.52$22,166
May 20121892,94291.612.49$24,635
Apr 201202,634101.652.00$5,260
Mar 20121902,594105.052.22$25,724
Feb 201202,871101.102.57$7,379
Jan 20123813,07498.092.73$45,777
Dec 201103,11296.873.24$10,082
Nov 20111863,22195.723.31$28,470
Oct 201103,31784.983.65$12,102
Sep 20113723,39083.623.99$44,619
Aug 201103,91983.404.15$16,261
Jul 20111854,44694.144.52$37,500
Jun 20113754,60492.904.64$56,200
May 20111855,46998.134.40$42,244
Apr 20111856,364105.964.33$47,180
Mar 20111886,16796.364.06$43,137
Feb 20111854,14085.644.18$33,149
Jan 20113784,46786.504.59$53,195
Dec 20101874,66585.734.35$36,314
Nov 20101874,69380.843.80$32,929
Oct 20103735,25378.103.51$47,564
Sep 20103747,43372.633.98$56,743
Aug 20101876,06473.684.42$40,577
Jul 20105606,44472.554.74$71,150
Jun 20103727,11370.364.91$61,102
May 20101887,44271.124.24$44,889
Apr 20105599,44581.694.12$84,604
Mar 201074712,71278.394.39$114,346
Feb 201002,74173.585.44$14,918
Jan 20101925,12974.365.96$44,867
Dec 200905,13671.445.48$28,165
Nov 200905,27174.593.75$19,774
Oct 200905,67672.544.11$23,330
Sep 200905,78665.543.06$17,733
Aug 200905,93867.423.22$19,111
Jul 20091916,22361.133.46$33,235
Jun 200906,60966.163.90$25,742
May 20091997,03454.743.93$38,507
Apr 20091953,77346.773.59$22,656
Mar 20092017,53542.144.06$39,055
Feb 20091987,33732.814.63$40,489
Jan 200908,91935.865.37$47,904
Dec 200808,81337.105.98$52,677
Nov 20081968,25055.496.86$67,474
Oct 200807,71375.246.92$53,389
Sep 20081958,679101.767.88$88,208
Aug 200819110,171114.228.48$108,097
Jul 2008010,809131.0811.39$123,108
Jun 200819010,934131.3313.03$167,451
May 200819213,342123.1711.57$178,073
Apr 2008014,968110.3110.45$156,488
Mar 200819218,219101.909.66$195,634
Feb 2008017,96992.538.77$157,599
Jan 200840024,25890.388.21$235,207
Dec 2007021,85888.337.30$159,606
Nov 200740538,58891.677.29$318,498
Oct 2007015,17382.856.92$105,027

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 2017 — as filed, then multipliedworked
Condensate            45 bbl  × $ 45.37 =     $2,042
Gas                    8 Mcf  × $  3.26 =        $26

────────────────────────────────────────────────────
Month total                                   $2,068

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. 10/G/235937 is the state's own key, not one this site invented.