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 247605District 10Field 752003002 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.9 M
Dec 2007 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
222
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 Gas112009-08-31194272
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
CondensateDisposition13,247 bbl$1,089,163
GasProduction955,582 Mcf$4,821,646
Total$5,910,809

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 35.7366, -100.5521. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.73663, -100.55214 · 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
10,899 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 10,899 ft.

Completions filed
Nov 2009
1 of 1 wells

1 well

42-39332014201010,899 ftNov 2009

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 (222)

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

222 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 20170045.373.26$0
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 2016080146.193.09$2,475
Sep 201601,86541.553.10$5,783
Aug 201601,91441.442.92$5,597
Jul 201611,84141.622.92$5,425
Jun 201601,82945.352.69$4,912
May 201601,96742.521.99$3,916
Apr 2016921,85736.561.99$7,061
Mar 201602,12533.011.79$3,812
Feb 201602,17126.472.06$4,480
Jan 201602,98127.352.36$7,048
Dec 201503,05232.362.00$6,108
Nov 201502,94438.792.17$6,381
Oct 201503,17643.552.43$7,707
Sep 201503,10942.992.76$8,576
Aug 201503,41340.162.87$9,804
Jul 201503,33948.152.95$9,834
Jun 201502,95456.152.88$8,516
May 201503,27155.212.96$9,667
Apr 201502,81749.822.71$7,624
Mar 201503,38942.892.93$9,946
Feb 20151822,22044.662.98$14,735
Jan 201504,67643.433.10$14,499
Dec 201405,11354.693.59$18,363
Nov 20141905,05270.464.25$34,868
Oct 201405,36178.303.90$20,913
Sep 201405,17686.164.05$20,939
Aug 20141925,35189.394.04$38,755
Jul 201405,43496.564.18$22,712
Jun 20141875,34198.164.74$43,656
May 201405,65194.734.73$26,710
Apr 201405,51095.944.81$26,498
Mar 20141895,44995.895.06$45,678
Feb 201405,12497.406.19$31,728
Jan 20141965,99690.404.86$46,863
Dec 201305,37991.824.35$23,423
Nov 20131925,45588.853.74$37,452
Oct 201305,59197.423.78$21,130
Sep 201305,568104.113.72$20,700
Aug 20131875,938104.253.52$40,412
Jul 201305,916102.523.72$21,994
Jun 201305,85294.403.93$23,018
May 20131966,06294.834.15$43,738
Apr 20131965,78493.964.28$43,187
Mar 20131946,10693.623.91$42,054
Feb 20131975,51791.233.42$36,840
Jan 201306,00391.603.42$20,530
Dec 201206,12286.773.42$20,938
Nov 20121956,51186.953.62$40,557
Oct 201206,70289.383.40$22,785
Sep 20123926,88594.672.92$57,204
Aug 20121917,19992.662.91$38,634
Jul 201207,30185.133.02$22,055
Jun 20121937,11079.822.52$33,316
May 201207,19491.612.49$17,901
Apr 20121987,288101.652.00$34,679
Mar 20121967,568105.052.22$37,407
Feb 20122007,229101.102.57$38,800
Jan 20121977,86598.092.73$40,827
Dec 201107,72996.873.24$25,040
Nov 201108,27095.723.31$27,384
Oct 20111957,33584.983.65$43,333
Sep 201109,01083.623.99$35,912
Aug 20111929,46683.404.15$55,290
Jul 20111939,66294.144.52$61,815
Jun 20111899,47092.904.64$61,498
May 20111979,52598.134.40$61,288
Apr 20111999,911105.964.33$64,033
Mar 201120010,34296.364.06$61,233
Feb 20112019,27785.644.18$55,991
Jan 201119411,34486.504.59$68,836
Dec 201022511,76485.734.35$70,436
Nov 20104710,77180.843.80$44,679
Oct 201036712,81178.103.51$73,615
Sep 201019212,63972.633.98$64,241
Aug 201037413,66373.684.42$87,938
Jul 201019014,29072.554.74$81,469
Jun 201037614,91970.364.91$99,714
May 201019216,49471.124.24$83,511
Apr 201057217,26781.694.12$117,913
Mar 201037818,80278.394.39$112,147
Feb 201038619,33173.585.44$133,608
Jan 201075131,11174.365.96$241,393
Dec 20091,14336,79171.445.48$283,409
Nov 200998273,93674.593.75$350,618
Oct 200903,19872.544.11$13,145
Sep 200905,88065.543.06$18,021
Aug 20091916,34667.423.22$33,302
Jul 200906,76261.133.46$23,427
Jun 200907,12366.163.90$27,744
May 200907,29954.743.93$28,654
Apr 20091887,08646.773.59$34,214
Mar 200907,24342.144.06$29,399
Feb 200906,42332.814.63$29,758
Jan 200907,24935.865.37$38,934
Dec 20081987,73437.105.98$53,573
Nov 200807,75755.496.86$53,216
Oct 200808,53075.246.92$59,044
Sep 200809,425101.767.88$74,242
Aug 200838010,407114.228.48$131,686
Jul 2008011,174131.0811.39$127,265
Jun 2008011,892131.3313.03$154,984
May 2008013,605123.1711.57$157,468
Apr 2008015,207110.3110.45$158,987
Mar 2008018,991101.909.66$183,530
Feb 200820221,05392.538.77$203,338
Jan 2008033,64290.388.21$276,057
Dec 2007029,21288.337.30$213,305

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.

Oct 2016 — as filed, then multipliedworked
Condensate             0 bbl  × $ 46.19 =         $0
Gas                  801 Mcf  × $  3.09 =     $2,475

────────────────────────────────────────────────────
Month total                                   $2,475

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/247605 is the state's own key, not one this site invented.