WALLACE

Operated by QUESTA ENERGY CORPORATION (P-5 684634) in the PANHANDLE, EAST field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 27012District 10Field 68826001NGPA filingGasSaveExport
Value, all time
$370 k
Jan 1993 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
401
no gaps in the span
Streams
1
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 2,114 leases and 2,114 wells, and the rule below applies to all of them.

Discovered
1935-12-10
as the register files it
Field class
Gas
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 1989-05-01.

The Commission's schedule remark for this field reads: 67% ACRES X SIWP + (PLUS) 33% DELIVERABILITY

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
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
GasProduction102,664 Mcf$370,099
Total$370,099

21,461 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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.

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
no depth filed
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.

1 well

42-483803731

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 (401)

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

401 months

May 20260106.413.05$0
Apr 2026098.932.87$0
Mar 2026089.753.15$0
Feb 2026063.503.75$0
Jan 2026059.138.00$0
Dec 2025056.664.41$0
Nov 2025058.593.93$0
Oct 2025059.383.30$0
Sep 2025062.743.08$0
Aug 2025063.933.01$0
Jul 2025066.743.32$0
Jun 2025066.483.13$0
May 2025060.553.23$0
Apr 2025062.363.54$0
Mar 2025067.704.27$0
Feb 2025070.884.34$0
Jan 2025074.324.28$0
Dec 2024068.993.12$0
Nov 2024069.052.20$0
Oct 2024071.372.28$0
Sep 2024069.612.36$0
Aug 2024075.632.06$0
Jul 2024079.932.15$0
Jun 2024078.082.63$0
May 2024078.812.20$0
Apr 2024084.451.66$0
Mar 2024080.301.55$0
Feb 2024076.091.78$0
Jan 2024073.023.30$0
Dec 2023071.262.61$0
Nov 2023077.892.81$0
Oct 2023085.443.09$0
Sep 2023089.042.74$0
Aug 2023080.522.67$0
Jul 2023074.852.64$0
Jun 2023068.962.26$0
May 2023070.622.23$0
Apr 2023078.122.24$0
Mar 2023072.852.39$0
Feb 2023075.112.47$0
Jan 2023076.533.39$0
Dec 2022076.415.73$0
Nov 2022085.005.65$0
Oct 2022087.185.86$0
Sep 2022084.888.16$0
Aug 2022094.529.13$0
Jul 20220101.587.54$0
Jun 20220115.097.98$0
May 20220109.378.43$0
Apr 20220104.226.84$0
Mar 20220108.885.08$0
Feb 2022091.054.86$0
Jan 2022081.844.54$0
Dec 2021071.323.90$0
Nov 2021077.435.24$0
Oct 2021079.795.71$0
Sep 2021069.865.35$0
Aug 2021066.024.22$0
Jul 2021070.783.98$0
Jun 2021069.493.38$0
May 2021063.483.02$0
Apr 2021060.362.76$0
Mar 2021061.302.72$0
Feb 2021057.805.55$0
Jan 2021050.412.81$0
Dec 2020044.642.68$0
Nov 2020038.772.71$0
Oct 2020036.972.48$0
Sep 2020037.091.99$0
Aug 2020039.982.39$0
Jul 2020038.371.83$0
Jun 2020034.901.69$0
May 2020016.921.81$0
Apr 2020014.751.80$0
Mar 2020030.341.86$0
Feb 2020049.881.98$0
Jan 2020057.252.09$0
Dec 2019059.012.30$0
Nov 2019055.302.75$0
Oct 2019053.472.42$0
Sep 2019055.052.66$0
Aug 2019053.112.30$0
Jul 2019056.272.46$0
Jun 2019052.782.49$0
May 2019058.482.74$0
Apr 2019062.632.75$0
Mar 2019056.803.06$0
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 20185152.934.24$216
Oct 201813361.443.40$452
Sep 201812859.543.11$398
Aug 201812059.403.07$368
Jul 201811665.142.93$340
Jun 201814360.183.08$440
May 201815065.382.90$435
Apr 201810563.842.90$305
Mar 20189961.222.79$276
Feb 20189461.782.77$260
Jan 201812062.874.01$481
Dec 20178857.272.92$257
Nov 20175855.423.12$181
Oct 20179949.292.98$295
Sep 201712047.523.09$370
Aug 201716045.373.00$481
Jul 201715043.873.09$463
Jun 2017042.493.09$0
May 2017045.373.26$0
Apr 2017047.933.21$0
Mar 2017046.772.98$0
Feb 2017050.452.95$0
Jan 2017549.413.42$17
Dec 201615248.763.72$566
Nov 201616342.492.64$431
Oct 201613946.193.09$430
Sep 201615941.553.10$493
Aug 201615441.442.92$450
Jul 201613641.622.92$398
Jun 20168145.352.69$218
May 201611442.521.99$227
Apr 201615236.561.99$303
Mar 201611333.011.79$203
Feb 201614826.472.06$305
Jan 201612327.352.36$291
Dec 20157932.362.00$158
Nov 201513138.792.17$284
Oct 201515143.552.43$366
Sep 201515042.992.76$414
Aug 201516140.162.87$462
Jul 201516848.152.95$495
Jun 201513156.152.88$378
May 201514155.212.96$417
Apr 201515049.822.71$406
Mar 201515742.892.93$461
Feb 201513944.662.98$414
Jan 201511443.433.10$353
Dec 201417954.693.59$643
Nov 201418670.464.25$791
Oct 201419078.303.90$741
Sep 201410886.164.05$437
Aug 2014089.394.04$0
Jul 201415496.564.18$644
Jun 201417398.164.74$819
May 201418394.734.73$865
Apr 201414795.944.81$707
Mar 201413695.895.06$688
Feb 20146297.406.19$384
Jan 201411790.404.86$569
Dec 201311691.824.35$505
Nov 201311488.853.74$426
Oct 201310497.423.78$393
Sep 201364104.113.72$238
Aug 2013232104.253.52$817
Jul 2013361102.523.72$1,342
Jun 201335994.403.93$1,412
May 201337894.834.15$1,568
Apr 201344993.964.28$1,923
Mar 201323993.623.91$935
Feb 201333091.233.42$1,129
Jan 201339791.603.42$1,358
Dec 201236386.773.42$1,242
Nov 201236686.953.62$1,327
Oct 201235289.383.40$1,197
Sep 201234694.672.92$1,010
Aug 201233092.662.91$960
Jul 201241785.133.02$1,260
Jun 201238979.822.52$980
May 201242191.612.49$1,048
Apr 2012317101.652.00$633
Mar 2012372105.052.22$827
Feb 2012324101.102.57$833
Jan 201234698.092.73$946
Dec 201124696.873.24$797
Nov 2011095.723.31$0
Oct 2011084.983.65$0
Sep 201112083.623.99$478
Aug 201137483.404.15$1,552
Jul 201137894.144.52$1,708
Jun 201135792.904.64$1,656
May 201136298.134.40$1,595
Apr 2011359105.964.33$1,556
Mar 201137796.364.06$1,530
Feb 201123585.644.18$982
Jan 201135286.504.59$1,615
Dec 201036885.734.35$1,600
Nov 201033080.843.80$1,252
Oct 201034178.103.51$1,197
Sep 201033772.633.98$1,341
Aug 201034473.684.42$1,520
Jul 201034172.554.74$1,615
Jun 201033770.364.91$1,655
May 201034771.124.24$1,470
Apr 201029881.694.12$1,229
Mar 201034678.394.39$1,518
Feb 201031673.585.44$1,720
Jan 201033674.365.96$2,004
Dec 200934271.445.48$1,875
Nov 200934874.593.75$1,306
Oct 200934872.544.11$1,430
Sep 200935765.543.06$1,094
Aug 200933467.423.22$1,075
Jul 200933161.133.46$1,147
Jun 200933366.163.90$1,297
May 200931154.743.93$1,221
Apr 200931246.773.59$1,119
Mar 200932942.144.06$1,335
Feb 200930232.814.63$1,399
Jan 200932135.865.37$1,724
Dec 200833537.105.98$2,002
Nov 200832355.496.86$2,216
Oct 200832875.246.92$2,270
Sep 2008318101.767.88$2,505
Aug 2008348114.228.48$2,952
Jul 2008349131.0811.39$3,975
Jun 2008350131.3313.03$4,561
May 2008363123.1711.57$4,201
Apr 2008323110.3110.45$3,377
Mar 2008350101.909.66$3,382
Feb 200833292.538.77$2,912
Jan 200836790.388.21$3,012
Dec 200737088.337.30$2,702
Nov 200727991.677.29$2,034
Oct 200737182.856.92$2,568
Sep 200736275.846.24$2,260
Aug 200737769.066.39$2,408
Jul 200729470.906.39$1,878
Jun 200733962.007.55$2,559
May 200739258.747.85$3,076
Apr 200738259.617.81$2,982
Mar 200737456.927.30$2,731
Feb 200727355.108.22$2,243
Jan 200738450.306.73$2,583
Dec 200639756.656.92$2,747
Nov 200638254.207.62$2,910
Oct 200638154.906.01$2,291
Sep 200641260.085.04$2,075
Aug 200640968.717.34$3,002
Jul 200640769.376.34$2,582
Jun 200636466.286.38$2,324
May 200627566.016.42$1,767
Apr 200638064.397.36$2,797
Mar 200626356.707.08$1,863
Feb 200631657.597.75$2,449
Jan 200636960.598.93$3,296
Dec 200537854.9413.42$5,071
Nov 200534454.6910.59$3,642
Oct 200534358.3413.80$4,732
Sep 200536361.4512.08$4,385
Aug 200532761.519.80$3,204
Jul 200537455.697.84$2,934
Jun 200536752.337.38$2,709
May 200533345.226.65$2,215
Apr 200524749.207.36$1,818
Mar 2005050.377.15$0
Feb 200519345.226.31$1,218
Jan 200539943.166.32$2,523
Dec 200441339.866.75$2,788
Nov 200439045.286.33$2,469
Oct 200437749.706.52$2,456
Sep 200439843.245.28$2,103
Aug 200440942.375.55$2,270
Jul 200443038.286.08$2,616
Jun 200439036.106.43$2,509
May 200438137.486.49$2,474
Apr 200440734.475.86$2,384
Mar 200443734.365.53$2,417
Feb 200434632.455.51$1,906
Jan 2004032.036.30$0
Dec 200316830.266.30$1,059
Nov 200340128.804.60$1,843
Oct 200341028.174.76$1,951
Sep 200327826.314.75$1,320
Aug 200313029.765.13$667
Jul 200341829.415.17$2,161
Jun 200337728.565.98$2,256
May 200340426.595.97$2,413
Apr 200339626.675.41$2,141
Mar 200340231.146.10$2,451
Feb 200336633.487.93$2,901
Jan 200337830.315.58$2,110
Dec 200239326.914.85$1,908
Nov 200232124.664.14$1,328
Oct 200237426.464.23$1,582
Sep 200241327.443.64$1,501
Aug 200242025.963.16$1,329
Jul 200245524.583.06$1,393
Jun 200245623.733.34$1,522
May 200248424.663.58$1,735
Apr 200243023.653.51$1,510
Mar 200228822.003.10$894
Feb 200235618.222.38$846
Jan 200235017.172.38$831
Dec 200133516.932.36$792
Nov 200138818.072.41$933
Oct 200138919.782.53$984
Sep 200136224.262.25$815
Aug 200138424.873.05$1,172
Jul 200135023.933.20$1,119
Jun 200138924.563.82$1,488
May 200136825.524.31$1,585
Apr 200136024.685.34$1,921
Mar 200143124.545.38$2,317
Feb 200126827.755.77$1,546
Jan 200134627.478.40$2,906
Dec 200038126.889.12$3,476
Nov 200039932.215.66$2,258
Oct 200037931.235.15$1,950
Sep 200037531.875.19$1,945
Aug 200031429.644.54$1,426
Jul 200041228.534.09$1,685
Jun 200019229.304.40$844
May 200033027.263.68$1,214
Apr 200032824.513.12$1,022
Mar 200038028.422.86$1,087
Feb 200038527.622.73$1,050
Jan 200035025.272.48$868
Dec 199935824.282.42$868
Nov 199939123.192.43$952
Oct 199937920.982.80$1,063
Sep 199939821.752.62$1,042
Aug 199938419.262.88$1,104
Jul 199937217.892.37$883
Jun 199940815.942.36$964
May 199937215.792.32$863
Apr 199930415.102.21$671
Mar 199940912.471.84$752
Feb 19994199.981.82$762
Jan 199943010.381.90$817
Dec 19984119.201.77$729
Nov 199849110.892.19$1,073
Oct 199850312.421.97$991
Sep 199857112.592.08$1,189
Aug 199853911.301.91$1,028
Jul 199843711.742.24$978
Jun 199848011.242.24$1,074
May 1998012.622.21$0
Apr 199850813.042.51$1,273
Mar 199861312.802.31$1,416
Feb 199820613.952.30$474
Jan 199849414.702.15$1,064
Dec 199765716.322.41$1,584
Nov 199755918.193.09$1,726
Oct 199755419.253.15$1,745
Sep 199771917.742.95$2,125
Aug 199757617.862.55$1,472
Jul 199757517.582.25$1,292
Jun 199772317.242.26$1,632
May 199768618.972.31$1,584
Apr 199765817.882.08$1,370
Mar 199768318.951.94$1,324
Feb 199758020.492.21$1,279
Jan 199767423.483.54$2,386
Dec 199653423.32$0
Nov 199639421.97$0
Oct 199639623.31$0
Sep 199625322.22$0
Aug 199648920.26$0
Jul 199629019.55$0
Jun 199632018.73$0
May 199633419.43$0
Apr 199638521.51$0
Mar 199636219.38$0
Feb 199639616.98$0
Jan 199642317.07$0
Dec 199552817.19$0
Nov 199544816.00$0
Oct 199540615.43$0
Sep 199524716.18$0
Aug 199524715.92$0
Jul 199535715.24$0
Jun 199518716.41$0
May 199512117.56$0
Apr 199513717.73$0
Mar 199539916.44$0
Feb 199552416.58$0
Jan 199543915.92$0
Dec 199447615.03$0
Nov 199451715.90$0
Oct 199446615.58$0
Sep 199445515.29$0
Aug 199453216.13$0
Jul 199457817.56$0
Jun 199457917.09$0
May 199431015.88$0
Apr 199447814.14$0
Mar 199449812.46$0
Feb 199460212.50$0
Jan 199463812.66$0
Dec 199363212.33$0
Nov 199360514.49$0
Oct 199345015.85$0
Sep 199363115.03$0
Aug 199365215.66$0
Jul 199363815.46$0
Jun 199356116.79$0
May 199364317.68$0
Apr 199319218.05$0
Mar 199359618.14$0
Feb 199351917.90$0
Jan 199359716.93$0

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 2018 — as filed, then multipliedworked
Gas                   51 Mcf  × $  4.24 =       $216

────────────────────────────────────────────────────
Month total                                     $216

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/27012 is the state's own key, not one this site invented.