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 259698District 10Field 752003002 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.5 M
Aug 2010 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
190
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 Gas112011-06-27202714
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
CondensateDisposition20,263 bbl$1,673,461
GasProduction761,427 Mcf$2,814,393
Total$4,487,854

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 35.7283, -100.5526. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.72828, -100.55258 · 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
11,070 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 11,070 ft.

Completions filed
Aug 2010
1 of 1 wells

1 well

42-39332293411,070 ftAug 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 (190)

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

190 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 20203038.772.71$116
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 20191055.302.75$55
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 201794257.272.92$5,389
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 20170349.413.42$10
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20161742,99241.553.10$16,507
Aug 201603,87541.442.92$11,332
Jul 20162243,69641.622.92$20,131
Jun 20161783,77845.352.69$18,219
May 201604,10842.521.99$8,179
Apr 201603,75136.561.99$7,468
Mar 20161874,03733.011.79$13,415
Feb 201603,83526.472.06$7,914
Jan 20161884,19627.352.36$15,063
Dec 20151874,07632.362.00$14,209
Nov 20151083,84638.792.17$12,525
Oct 201503,26843.552.43$7,930
Sep 201501,38642.992.76$3,823
Aug 20151805,89740.162.87$24,168
Jul 201505,95148.152.95$17,526
Jun 20151825,90956.152.88$27,254
May 20151815,89355.212.96$27,409
Apr 20151875,77449.822.71$24,944
Mar 201506,24342.892.93$18,321
Feb 20151815,39644.662.98$24,143
Jan 201506,29043.433.10$19,503
Dec 20141916,44054.693.59$33,574
Nov 20141846,56570.464.25$40,878
Oct 20141877,07178.303.90$42,226
Sep 201406,72186.164.05$27,189
Aug 20141896,93189.394.04$44,862
Jul 20141777,46596.564.18$48,292
Jun 201407,17798.164.74$33,997
May 20141917,79894.734.73$54,951
Apr 20141897,65495.944.81$54,942
Mar 20141967,22095.895.06$55,305
Feb 20141887,24797.406.19$63,185
Jan 201419110,13190.404.86$66,510
Dec 201305,96591.824.35$25,974
Nov 20130088.853.74$0
Oct 201302,87497.423.78$10,862
Sep 20133887,472104.113.72$68,174
Aug 201306,558104.253.52$23,101
Jul 20131947,923102.523.72$49,345
Jun 20131858,10694.403.93$49,348
May 201307,08294.834.15$29,384
Apr 20133967,89393.964.28$71,011
Mar 20131938,36993.623.91$50,815
Feb 20131917,08291.233.42$41,645
Jan 20131958,12891.603.42$45,659
Dec 201219512,76986.773.42$60,592
Nov 20120086.953.62$0
Oct 20121929,05589.383.40$47,945
Sep 20123899,81894.672.92$65,479
Aug 20121929,88092.662.91$46,523
Jul 201219010,63785.133.02$48,307
Jun 201238710,45679.822.52$57,229
May 201219411,50991.612.49$46,410
Apr 201219211,489101.652.00$42,458
Mar 201238912,301105.052.22$68,198
Feb 201219812,047101.102.57$50,981
Jan 201259013,49798.092.73$94,775
Dec 201139213,31896.873.24$81,120
Nov 201119414,53695.723.31$66,702
Oct 201119311,70784.983.65$59,115
Sep 201138613,45183.623.99$85,890
Aug 201138216,63583.404.15$100,883
Jul 201137717,28494.144.52$113,567
Jun 201138417,18692.904.64$115,415
May 201156618,63698.134.40$137,630
Apr 201158218,719105.964.33$142,783
Mar 201157520,13996.364.06$137,118
Feb 201138918,21685.644.18$109,456
Jan 201177024,92586.504.59$180,980
Dec 201096634,19985.734.35$231,504
Nov 20101,14839,34980.843.80$242,147
Oct 20101,70344,83678.103.51$290,329
Sep 20102,26843,63072.633.98$338,349
Aug 2010011,12973.684.42$49,183

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.

Nov 2020 — as filed, then multipliedworked
Condensate             3 bbl  × $ 38.77 =       $116
Gas                    0 Mcf  × $  2.71 =         $0

────────────────────────────────────────────────────
Month total                                     $116

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/259698 is the state's own key, not one this site invented.