WALLACE, G. D.

Operated by LAKESHORE OPERATING, LLC (P-5 483460) in the SAWYER (CANYON) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 148302District 7CField 81267333GasSaveExport
Value, all time
$1.6 M
Jan 1994 – May 2026
Value, last 12 filed months
$9 k
at the published price for each month
Months reported
389
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 6,629 leases and 6,629 wells, and the rule below applies to all of them.

Discovered
1967-07-01
as the register files it
Field class
Gas
the register's own label
Between wells
1,000 ft
minimum
From a lease line
500 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2003-06-24.

The Commission's schedule remark for this field reads: FIELD PER ORDER 7C-0234582 6/2403

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
GasProduction1,651,606 Mcf$1,607,114
Total$1,607,114

1,136,926 Mcf of this lease's gas, across 36 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.

Every month this lease reported (389)

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

389 months

May 20260106.413.05$0
Apr 2026098.932.87$0
Mar 2026089.753.15$0
Feb 202620763.503.75$776
Jan 202628559.138.00$2,279
Dec 202533156.664.41$1,461
Nov 202541958.593.93$1,645
Oct 2025059.383.30$0
Sep 202538262.743.08$1,175
Aug 202535363.933.01$1,064
Jul 202531766.743.32$1,051
Jun 2025066.483.13$0
May 202554360.553.23$1,755
Apr 2025062.363.54$0
Mar 202551867.704.27$2,211
Feb 202586770.884.34$3,764
Jan 202519574.324.28$834
Dec 20246068.993.12$187
Nov 2024069.052.20$0
Oct 2024171.372.28$2
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 20231272.852.39$29
Feb 2023075.112.47$0
Jan 2023076.533.39$0
Dec 2022076.415.73$0
Nov 2022085.005.65$0
Oct 2022187.185.86$6
Sep 20223484.888.16$278
Aug 2022394.529.13$27
Jul 202210101.587.54$75
Jun 202228115.097.98$223
May 202270109.378.43$590
Apr 2022262104.226.84$1,791
Mar 2022205108.885.08$1,041
Feb 202220791.054.86$1,006
Jan 202229481.844.54$1,334
Dec 202127071.323.90$1,053
Nov 202128277.435.24$1,477
Oct 202137379.795.71$2,131
Sep 202128669.865.35$1,530
Aug 20211066.024.22$42
Jul 20219270.783.98$366
Jun 202123569.493.38$794
May 202124663.483.02$742
Apr 202127160.362.76$748
Mar 202131161.302.72$845
Feb 202120357.805.55$1,126
Jan 202132850.412.81$922
Dec 202032144.642.68$859
Nov 202040238.772.71$1,088
Oct 202040336.972.48$999
Sep 202040837.091.99$812
Aug 202046539.982.39$1,109
Jul 202039238.371.83$715
Jun 202042134.901.69$712
May 202044616.921.81$809
Apr 202022214.751.80$401
Mar 202010430.341.86$193
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 201915556.803.06$475
Feb 201936950.852.79$1,030
Jan 201913746.033.23$442
Dec 201813046.594.19$544
Nov 201819852.934.24$839
Oct 201825461.443.40$863
Sep 201855759.543.11$1,731
Aug 201825059.403.07$767
Jul 201822265.142.93$651
Jun 201825160.183.08$772
May 201821965.382.90$635
Apr 201824363.842.90$705
Mar 201827761.222.79$772
Feb 201827661.782.77$763
Jan 201828862.874.01$1,155
Dec 201731757.272.92$926
Nov 201730155.423.12$939
Oct 201728849.292.98$859
Sep 201730747.523.09$948
Aug 201722045.373.00$661
Jul 201724643.873.09$759
Jun 201723442.493.09$722
May 201727145.373.26$884
Apr 201729747.933.21$954
Mar 201730646.772.98$913
Feb 201726250.452.95$774
Jan 201730549.413.42$1,043
Dec 201632648.763.72$1,214
Nov 201629242.492.64$772
Oct 201631646.193.09$977
Sep 201629441.553.10$912
Aug 201629041.442.92$848
Jul 201631541.622.92$921
Jun 201630145.352.69$808
May 201634542.521.99$687
Apr 201631136.561.99$619
Mar 201629133.011.79$522
Feb 201629026.472.06$598
Jan 201629027.352.36$686
Dec 201530732.362.00$614
Nov 201532338.792.17$700
Oct 201532443.552.43$786
Sep 201528542.992.76$786
Aug 201529240.162.87$839
Jul 201531148.152.95$916
Jun 201527856.152.88$801
May 201529655.212.96$875
Apr 201532649.822.71$882
Mar 201534942.892.93$1,024
Feb 2015044.662.98$0
Jan 201531043.433.10$961
Dec 201428654.693.59$1,027
Nov 201428070.464.25$1,191
Oct 201425378.303.90$987
Sep 201425786.164.05$1,040
Aug 201428989.394.04$1,166
Jul 201429296.564.18$1,220
Jun 201429798.164.74$1,407
May 201436394.734.73$1,716
Apr 201435095.944.81$1,683
Mar 201426995.895.06$1,360
Feb 201429997.406.19$1,851
Jan 201435190.404.86$1,706
Dec 201333791.824.35$1,467
Nov 201336088.853.74$1,346
Oct 201332597.423.78$1,228
Sep 2013299104.113.72$1,112
Aug 2013335104.253.52$1,180
Jul 2013310102.523.72$1,153
Jun 201337694.403.93$1,479
May 201340494.834.15$1,676
Apr 201335893.964.28$1,533
Mar 201333693.623.91$1,315
Feb 201331991.233.42$1,091
Jan 201332391.603.42$1,105
Dec 201236186.773.42$1,235
Nov 201234186.953.62$1,236
Oct 201234789.383.40$1,180
Sep 201230394.672.92$884
Aug 201231192.662.91$904
Jul 201231585.133.02$952
Jun 201230679.822.52$771
May 201234991.612.49$868
Apr 2012364101.652.00$727
Mar 2012408105.052.22$907
Feb 2012398101.102.57$1,023
Jan 201238398.092.73$1,047
Dec 201138496.873.24$1,244
Nov 201136695.723.31$1,212
Oct 201134984.983.65$1,273
Sep 201133083.623.99$1,315
Aug 201132583.404.15$1,349
Jul 201132194.144.52$1,450
Jun 201135892.904.64$1,661
May 201133598.134.40$1,476
Apr 2011339105.964.33$1,469
Mar 201138696.364.06$1,566
Feb 201130485.644.18$1,271
Jan 201133686.504.59$1,542
Dec 201036185.734.35$1,570
Nov 201034380.843.80$1,302
Oct 201034478.103.51$1,207
Sep 201032572.633.98$1,293
Aug 201032173.684.42$1,419
Jul 201033372.554.74$1,577
Jun 201025570.364.91$1,252
May 201026171.124.24$1,105
Apr 201033581.694.12$1,381
Mar 201034478.394.39$1,510
Feb 201030073.585.44$1,633
Jan 201035474.365.96$2,111
Dec 200929671.445.48$1,623
Nov 200927574.593.75$1,032
Oct 200924172.544.11$991
Sep 200924765.543.06$757
Aug 200927367.423.22$879
Jul 200928561.133.46$987
Jun 200933466.163.90$1,301
May 200952854.743.93$2,073
Apr 200938746.773.59$1,388
Mar 200942342.144.06$1,717
Feb 200954732.814.63$2,534
Jan 200943035.865.37$2,310
Dec 200844337.105.98$2,648
Nov 200843155.496.86$2,957
Oct 200848675.246.92$3,364
Sep 2008485101.767.88$3,820
Aug 2008507114.228.48$4,301
Jul 2008518131.0811.39$5,900
Jun 2008380131.3313.03$4,952
May 2008397123.1711.57$4,595
Apr 2008416110.3110.45$4,349
Mar 2008403101.909.66$3,895
Feb 200836692.538.77$3,210
Jan 200837490.388.21$3,069
Dec 200740288.337.30$2,935
Nov 200738491.677.29$2,800
Oct 200741482.856.92$2,866
Sep 200737275.846.24$2,323
Aug 200743069.066.39$2,747
Jul 200745470.906.39$2,900
Jun 200749962.007.55$3,767
May 200749158.747.85$3,853
Apr 200746859.617.81$3,653
Mar 200749656.927.30$3,622
Feb 200744755.108.22$3,673
Jan 200745050.306.73$3,027
Dec 200651656.656.92$3,570
Nov 200642954.207.62$3,268
Oct 200647054.906.01$2,826
Sep 200641160.085.04$2,070
Aug 200642168.717.34$3,090
Jul 200649869.376.34$3,159
Jun 200647266.286.38$3,013
May 200655466.016.42$3,559
Apr 200647064.397.36$3,459
Mar 200637056.707.08$2,621
Feb 200650557.597.75$3,914
Jan 200658860.598.93$5,253
Dec 200558754.9413.42$7,875
Nov 200554754.6910.59$5,792
Oct 200566958.3413.80$9,229
Sep 200562261.4512.08$7,513
Aug 200559161.519.80$5,790
Jul 200563855.697.84$5,004
Jun 200563452.337.38$4,680
May 200561845.226.65$4,110
Apr 200555149.207.36$4,056
Mar 200562450.377.15$4,465
Feb 200560245.226.31$3,800
Jan 200575943.166.32$4,799
Dec 200473639.866.75$4,969
Nov 200468345.286.33$4,324
Oct 200473049.706.52$4,756
Sep 200472943.245.28$3,852
Aug 200473142.375.55$4,058
Jul 200471338.286.08$4,338
Jun 200480236.106.43$5,159
May 200468137.486.49$4,423
Apr 200481234.475.86$4,757
Mar 200470834.365.53$3,915
Feb 200485532.455.51$4,711
Jan 200490932.036.30$5,726
Dec 200395930.266.30$6,043
Nov 200380128.804.60$3,681
Oct 200386928.174.76$4,136
Sep 200380026.314.75$3,799
Aug 200387529.765.13$4,489
Jul 200389929.415.17$4,649
Jun 200392228.565.98$5,516
May 200397826.595.97$5,841
Apr 200398426.675.41$5,321
Mar 20031,09331.146.10$6,663
Feb 200392233.487.93$7,308
Jan 20031,11130.315.58$6,202
Dec 20021,14226.914.85$5,543
Nov 20021,18524.664.14$4,902
Oct 20021,33226.464.23$5,633
Sep 20021,48827.443.64$5,409
Aug 20021,63425.963.16$5,170
Jul 20021,76024.583.06$5,389
Jun 20021,46023.733.34$4,874
May 20021,59924.663.58$5,731
Apr 20021,54323.653.51$5,420
Mar 20021,69122.003.10$5,247
Feb 20021,41218.222.38$3,354
Jan 20021,66917.172.38$3,965
Dec 20011,72716.932.36$4,083
Nov 20011,56818.072.41$3,772
Oct 20011,94419.782.53$4,916
Sep 20011,45424.262.25$3,273
Aug 20011,63224.873.05$4,983
Jul 20011,86623.933.20$5,966
Jun 20011,63124.563.82$6,237
May 20011,63525.524.31$7,042
Apr 20011,77324.685.34$9,460
Mar 20011,73224.545.38$9,312
Feb 20011,69927.755.77$9,798
Jan 20011,73827.478.40$14,597
Dec 20001,60526.889.12$14,642
Nov 20001,96532.215.66$11,118
Oct 20002,20531.235.15$11,346
Sep 20002,22131.875.19$11,519
Aug 20002,40829.644.54$10,934
Jul 20001,13828.534.09$4,654
Jun 20002,41229.304.40$10,606
May 20001,83427.263.68$6,749
Apr 20002,52624.513.12$7,871
Mar 20002,75828.422.86$7,887
Feb 20002,64427.622.73$7,209
Jan 20002,71025.272.48$6,722
Dec 19992,89924.282.42$7,026
Nov 19993,05323.192.43$7,431
Oct 19993,24020.982.80$9,084
Sep 19993,32221.752.62$8,700
Aug 19993,38219.262.88$9,725
Jul 19993,56917.892.37$8,467
Jun 19993,55215.942.36$8,390
May 19993,58215.792.32$8,314
Apr 19993,68215.102.21$8,130
Mar 19994,28112.471.84$7,870
Feb 19994,1839.981.82$7,604
Jan 19994,93910.381.90$9,384
Dec 19985,2709.201.77$9,345
Nov 19985,35310.892.19$11,700
Oct 19985,65012.421.97$11,126
Sep 19985,69512.592.08$11,861
Aug 19986,12011.301.91$11,673
Jul 19986,72211.742.24$15,039
Jun 19986,26711.242.24$14,021
May 19985,13712.622.21$11,334
Apr 19989,52313.042.51$23,858
Mar 19988,47612.802.31$19,575
Feb 19989,66313.952.30$22,216
Jan 19989,96114.702.15$21,464
Dec 19979,54116.322.41$23,004
Nov 199712,98518.193.09$40,101
Oct 199716,27219.253.15$51,254
Sep 199715,67517.742.95$46,318
Aug 199724,07617.862.55$61,508
Jul 199728,45817.582.25$63,943
Jun 199719,24817.242.26$43,447
May 199717,66718.972.31$40,784
Apr 199720,31617.882.08$42,314
Mar 199721,91518.951.94$42,496
Feb 199719,87320.492.21$43,838
Jan 199721,96623.483.54$77,753
Dec 199623,00723.32$0
Nov 199622,99621.97$0
Oct 199624,22323.31$0
Sep 199624,32822.22$0
Aug 199626,49720.26$0
Jul 199624,30119.55$0
Jun 199627,45318.73$0
May 199626,70519.43$0
Apr 199627,00421.51$0
Mar 199627,15219.38$0
Feb 199628,56016.98$0
Jan 199629,56017.07$0
Dec 199530,74117.19$0
Nov 199530,12316.00$0
Oct 199532,67315.43$0
Sep 199532,58216.18$0
Aug 199536,08715.92$0
Jul 199534,50415.24$0
Jun 199534,65316.41$0
May 199536,88017.56$0
Apr 199535,79517.73$0
Mar 199539,51216.44$0
Feb 199534,45716.58$0
Jan 199540,70215.92$0
Dec 199444,70315.03$0
Nov 199436,19715.90$0
Oct 199440,78215.58$0
Sep 199442,86315.29$0
Aug 199440,80316.13$0
Jul 199443,70117.56$0
Jun 199434,97517.09$0
May 199443,23215.88$0
Apr 199438,73214.14$0
Mar 199429,12612.46$0
Feb 19949,33612.50$0
Jan 19941,98112.66$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.

Feb 2026 — as filed, then multipliedworked
Gas                  207 Mcf  × $  3.75 =       $776

────────────────────────────────────────────────────
Month total                                     $776

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. 7C/G/148302 is the state's own key, not one this site invented.