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 148305District 7CField 81267333CondensateGasSaveExport
Value, all time
$3.0 M
Jan 1994 – May 2026
Value, last 12 filed months
$27 k
at the published price for each month
Months reported
389
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 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
CondensateDisposition1 bbl$16
GasProduction2,054,510 Mcf$2,965,099
Total$2,965,115

1,287,382 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 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 2026064563.503.75$2,419
Jan 2026087559.138.00$6,998
Dec 2025090356.664.41$3,985
Nov 202501,11258.593.93$4,366
Oct 20250059.383.30$0
Sep 2025073562.743.08$2,262
Aug 2025082163.933.01$2,475
Jul 2025067166.743.32$2,225
Jun 2025058566.483.13$1,830
May 2025086860.553.23$2,806
Apr 20250062.363.54$0
Mar 2025071567.704.27$3,052
Feb 2025075270.884.34$3,264
Jan 2025094074.324.28$4,022
Dec 202401,19268.993.12$3,721
Nov 20240069.052.20$0
Oct 2024075571.372.28$1,722
Sep 20240069.612.36$0
Aug 2024072975.632.06$1,504
Jul 2024082079.932.15$1,760
Jun 2024072878.082.63$1,918
May 2024079878.812.20$1,754
Apr 2024074384.451.66$1,233
Mar 2024083280.301.55$1,286
Feb 202401,72776.091.78$3,080
Jan 202401,37673.023.30$4,538
Dec 202301,12271.262.61$2,929
Nov 2023093877.892.81$2,633
Oct 2023070885.443.09$2,186
Sep 2023084089.042.74$2,297
Aug 202301,26480.522.67$3,379
Jul 2023086974.852.64$2,296
Jun 2023086368.962.26$1,949
May 2023082070.622.23$1,826
Apr 2023092878.122.24$2,077
Mar 2023099272.852.39$2,374
Feb 202301,42975.112.47$3,523
Jan 202301,75376.533.39$5,939
Dec 202201,67476.415.73$9,590
Nov 202201,20285.005.65$6,787
Oct 202201,16387.185.86$6,820
Sep 202201,06784.888.16$8,711
Aug 202201,00194.529.13$9,136
Jul 202201,010101.587.54$7,618
Jun 202201,000115.097.98$7,977
May 202201,162109.378.43$9,799
Apr 202201,258104.226.84$8,602
Mar 20220572108.885.08$2,904
Feb 2022096791.054.86$4,699
Jan 202201,00181.844.54$4,542
Dec 202101,06371.323.90$4,145
Nov 202101,05077.435.24$5,499
Oct 202101,04879.795.71$5,988
Sep 202101,00469.865.35$5,372
Aug 202101,00766.024.22$4,250
Jul 2021096070.783.98$3,823
Jun 2021083269.493.38$2,813
May 2021087263.483.02$2,631
Apr 2021099360.362.76$2,739
Mar 202101,31461.302.72$3,570
Feb 2021085757.805.55$4,755
Jan 202101,24450.412.81$3,496
Dec 202001,13544.642.68$3,037
Nov 202001,18238.772.71$3,199
Oct 202001,38136.972.48$3,423
Sep 202001,15737.091.99$2,304
Aug 202001,10639.982.39$2,638
Jul 202001,24438.371.83$2,270
Jun 202002,04234.901.69$3,452
May 202001,05416.921.81$1,913
Apr 2020069114.751.80$1,247
Mar 2020020830.341.86$386
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 2019071656.803.06$2,192
Feb 2019074350.852.79$2,075
Jan 201901,01946.033.23$3,290
Dec 2018089046.594.19$3,725
Nov 2018084052.934.24$3,559
Oct 201801,28461.443.40$4,363
Sep 2018056359.543.11$1,750
Aug 201801,16759.403.07$3,579
Jul 2018096365.142.93$2,823
Jun 201801,03160.183.08$3,172
May 2018096565.382.90$2,799
Apr 201801,06963.842.90$3,101
Mar 201801,13961.222.79$3,174
Feb 2018097761.782.77$2,703
Jan 201801,04862.874.01$4,202
Dec 201701,05357.272.92$3,076
Nov 2017094355.423.12$2,941
Oct 2017090749.292.98$2,706
Sep 2017096447.523.09$2,976
Aug 2017071845.373.00$2,157
Jul 2017073143.873.09$2,257
Jun 2017077142.493.09$2,380
May 2017081045.373.26$2,643
Apr 2017085647.933.21$2,749
Mar 201701,00346.772.98$2,993
Feb 2017090650.452.95$2,675
Jan 201701,00349.413.42$3,429
Dec 2016095548.763.72$3,555
Nov 2016088542.492.64$2,340
Oct 2016094146.193.09$2,908
Sep 2016089341.553.10$2,769
Aug 2016091341.442.92$2,670
Jul 2016091941.622.92$2,687
Jun 2016090445.352.69$2,428
May 201601,01242.521.99$2,015
Apr 2016098436.561.99$1,959
Mar 201601,02933.011.79$1,846
Feb 201601,04326.472.06$2,152
Jan 201601,17427.352.36$2,776
Dec 201501,06532.362.00$2,132
Nov 201501,10638.792.17$2,397
Oct 201501,08143.552.43$2,623
Sep 2015098942.992.76$2,728
Aug 201501,12640.162.87$3,234
Jul 201501,00948.152.95$2,972
Jun 2015088556.152.88$2,551
May 2015083855.212.96$2,477
Apr 2015097249.822.71$2,631
Mar 201501,00842.892.93$2,958
Feb 2015083244.662.98$2,476
Jan 2015097843.433.10$3,032
Dec 2014027354.693.59$980
Nov 201401,00670.464.25$4,277
Oct 201401,10078.303.90$4,291
Sep 201401,17486.164.05$4,749
Aug 201401,23789.394.04$4,991
Jul 201401,00996.564.18$4,217
Jun 2014098298.164.74$4,652
May 201401,15894.734.73$5,473
Apr 201401,21195.944.81$5,824
Mar 201401,08895.895.06$5,502
Feb 201401,04997.406.19$6,495
Jan 201401,19890.404.86$5,823
Dec 201301,22291.824.35$5,321
Nov 201301,12688.853.74$4,209
Oct 201301,24897.423.78$4,717
Sep 201301,109104.113.72$4,123
Aug 201301,184104.253.52$4,171
Jul 201301,159102.523.72$4,309
Jun 201301,15994.403.93$4,559
May 201301,24694.834.15$5,170
Apr 201301,16393.964.28$4,981
Mar 201301,24593.623.91$4,872
Feb 201301,16091.233.42$3,967
Jan 201301,31391.603.42$4,490
Dec 201201,22986.773.42$4,203
Nov 201201,28786.953.62$4,665
Oct 201201,32989.383.40$4,518
Sep 201201,21094.672.92$3,531
Aug 201201,27392.662.91$3,702
Jul 201201,29085.133.02$3,897
Jun 201201,26079.822.52$3,174
May 201201,28691.612.49$3,200
Apr 201201,330101.652.00$2,656
Mar 201201,334105.052.22$2,964
Feb 201201,360101.102.57$3,496
Jan 201201,41498.092.73$3,866
Dec 201101,38696.873.24$4,490
Nov 201101,36095.723.31$4,503
Oct 201101,42284.983.65$5,188
Sep 201101,32383.623.99$5,273
Aug 201101,27483.404.15$5,286
Jul 201101,27594.144.52$5,759
Jun 201101,33892.904.64$6,208
May 201101,42098.134.40$6,255
Apr 201101,375105.964.33$5,958
Mar 201101,43996.364.06$5,839
Feb 201101,30585.644.18$5,455
Jan 201101,39286.504.59$6,388
Dec 201001,37585.734.35$5,978
Nov 201001,32780.843.80$5,036
Oct 201001,33878.103.51$4,695
Sep 201001,36572.633.98$5,432
Aug 201001,44673.684.42$6,390
Jul 201001,40672.554.74$6,660
Jun 201001,41070.364.91$6,924
May 201001,52371.124.24$6,450
Apr 201001,47981.694.12$6,097
Mar 201001,52778.394.39$6,702
Feb 201001,35273.585.44$7,358
Jan 201001,43074.365.96$8,529
Dec 200901,49471.445.48$8,193
Nov 200901,50974.593.75$5,661
Oct 200901,46572.544.11$6,022
Sep 200901,48365.543.06$4,545
Aug 200901,45267.423.22$4,673
Jul 200901,56061.133.46$5,405
Jun 200901,42266.163.90$5,539
May 200901,71554.743.93$6,733
Apr 200901,44246.773.59$5,173
Mar 200901,60042.144.06$6,494
Feb 200901,91132.814.63$8,854
Jan 200901,71435.865.37$9,206
Dec 200801,59837.105.98$9,551
Nov 200801,57155.496.86$10,778
Oct 200801,57875.246.92$10,923
Sep 200801,374101.767.88$10,823
Aug 200801,244114.228.48$10,553
Jul 200801,585131.0811.39$18,052
Jun 200801,432131.3313.03$18,663
May 200801,547123.1711.57$17,905
Apr 200801,559110.3110.45$16,299
Mar 200801,549101.909.66$14,970
Feb 200801,46392.538.77$12,831
Jan 200801,53890.388.21$12,620
Dec 200701,43688.337.30$10,486
Nov 200701,48091.677.29$10,792
Oct 200701,73582.856.92$12,010
Sep 200701,73775.846.24$10,846
Aug 200701,84769.066.39$11,799
Jul 200701,84170.906.39$11,760
Jun 200701,80462.007.55$13,617
May 200701,82958.747.85$14,351
Apr 200701,90959.617.81$14,900
Mar 200701,86756.927.30$13,633
Feb 200701,52255.108.22$12,505
Jan 200701,87650.306.73$12,620
Dec 200601,86556.656.92$12,903
Nov 200601,75254.207.62$13,346
Oct 200601,93654.906.01$11,643
Sep 200601,86260.085.04$9,379
Aug 200603,06868.717.34$22,519
Jul 200602,24169.376.34$14,214
Jun 200601,85666.286.38$11,848
May 200601,91666.016.42$12,310
Apr 200601,85864.397.36$13,676
Mar 200602,21856.707.08$15,710
Feb 200601,74457.597.75$13,518
Jan 200602,02160.598.93$18,054
Dec 200501,94454.9413.42$26,080
Nov 200501,79454.6910.59$18,996
Oct 200501,93758.3413.80$26,722
Sep 200501,89061.4512.08$22,829
Aug 200502,00761.519.80$19,662
Jul 200502,04555.697.84$16,040
Jun 200502,00652.337.38$14,806
May 200502,27545.226.65$15,131
Apr 200502,03149.207.36$14,949
Mar 200502,06850.377.15$14,796
Feb 200501,89845.226.31$11,980
Jan 200502,14943.166.32$13,586
Dec 200402,27739.866.75$15,372
Nov 200402,03245.286.33$12,863
Oct 200402,20649.706.52$14,372
Sep 200402,13943.245.28$11,302
Aug 200402,31142.375.55$12,828
Jul 200402,18438.286.08$13,288
Jun 200402,25536.106.43$14,506
May 200402,01537.486.49$13,087
Apr 200402,21834.475.86$12,994
Mar 200402,27034.365.53$12,553
Feb 200402,23332.455.51$12,303
Jan 200402,30732.036.30$14,533
Dec 200302,36630.266.30$14,910
Nov 200302,26628.804.60$10,413
Oct 200302,34528.174.76$11,161
Sep 200302,09726.314.75$9,959
Aug 200302,24329.765.13$11,506
Jul 200302,39229.415.17$12,369
Jun 200302,37928.565.98$14,233
May 200302,51226.595.97$15,003
Apr 200302,54026.675.41$13,734
Mar 200302,62331.146.10$15,990
Feb 200302,45733.487.93$19,474
Jan 200302,49730.315.58$13,938
Dec 200202,55726.914.85$12,411
Nov 200202,45224.664.14$10,144
Oct 200202,72626.464.23$11,529
Sep 200202,66927.443.64$9,702
Aug 200202,88225.963.16$9,119
Jul 200202,88024.583.06$8,818
Jun 200202,76023.733.34$9,214
May 200202,72524.663.58$9,766
Apr 200202,80523.653.51$9,852
Mar 200202,94822.003.10$9,147
Feb 200202,67918.222.38$6,364
Jan 200203,02817.172.38$7,194
Dec 200103,15316.932.36$7,455
Nov 200103,02018.072.41$7,265
Oct 200102,90319.782.53$7,341
Sep 200103,00824.262.25$6,772
Aug 200103,11224.873.05$9,501
Jul 200103,18923.933.20$10,195
Jun 200103,12924.563.82$11,966
May 200103,21825.524.31$13,861
Apr 200103,09124.685.34$16,491
Mar 200103,29224.545.38$17,699
Feb 200102,95827.755.77$17,059
Jan 200103,35827.478.40$28,203
Dec 200003,30226.889.12$30,123
Nov 200003,44732.215.66$19,503
Oct 200003,59331.235.15$18,488
Sep 200003,74731.875.19$19,434
Aug 200004,08029.644.54$18,526
Jul 200004,35728.534.09$17,819
Jun 200004,16229.304.40$18,301
May 200004,41327.263.68$16,239
Apr 200004,93224.513.12$15,368
Mar 200005,11028.422.86$14,613
Feb 200004,38527.622.73$11,956
Jan 200005,06625.272.48$12,566
Dec 199905,72924.282.42$13,885
Nov 199906,62123.192.43$16,115
Oct 199907,17920.982.80$20,128
Sep 199903,53721.752.62$9,263
Aug 199902,50219.262.88$7,195
Jul 199902,99717.892.37$7,110
Jun 199903,49315.942.36$8,251
May 199914,72715.792.32$10,987
Apr 1999019,94515.102.21$44,040
Mar 1999022,59812.471.84$41,543
Feb 199902,3109.981.82$4,199
Jan 199901,96610.381.90$3,735
Dec 199803,4949.201.77$6,196
Nov 199803,44710.892.19$7,534
Oct 199804,09712.421.97$8,068
Sep 199804,03512.592.08$8,403
Aug 199804,28411.301.91$8,171
Jul 199804,56311.742.24$10,209
Jun 199804,45611.242.24$9,969
May 199805,26012.622.21$11,605
Apr 199805,39513.042.51$13,516
Mar 199806,02712.802.31$13,919
Feb 199806,45013.952.30$14,829
Jan 199807,48814.702.15$16,135
Dec 199707,96716.322.41$19,209
Nov 199708,24618.193.09$25,466
Oct 199708,10119.253.15$25,517
Sep 1997010,20617.742.95$30,158
Aug 1997012,38017.862.55$31,628
Jul 1997015,87017.582.25$35,659
Jun 1997012,31917.242.26$27,806
May 1997013,16318.972.31$30,387
Apr 1997014,62617.882.08$30,463
Mar 1997015,67018.951.94$30,386
Feb 1997014,72120.492.21$32,473
Jan 1997016,19323.483.54$57,318
Dec 1996016,08823.32$0
Nov 1996015,95721.97$0
Oct 1996017,42023.31$0
Sep 1996021,09122.22$0
Aug 1996023,47120.26$0
Jul 1996019,80019.55$0
Jun 1996022,03418.73$0
May 1996023,57919.43$0
Apr 1996024,21421.51$0
Mar 1996026,99719.38$0
Feb 1996028,14316.98$0
Jan 1996029,66017.07$0
Dec 1995033,14417.19$0
Nov 1995034,14916.00$0
Oct 1995036,51715.43$0
Sep 1995037,67816.18$0
Aug 1995043,21315.92$0
Jul 1995038,42915.24$0
Jun 1995042,32216.41$0
May 1995045,03717.56$0
Apr 1995045,28617.73$0
Mar 1995050,97116.44$0
Feb 1995044,82716.58$0
Jan 1995051,54315.92$0
Dec 1994054,14315.03$0
Nov 1994049,63515.90$0
Oct 1994052,63615.58$0
Sep 1994056,40315.29$0
Aug 1994053,33416.13$0
Jul 1994057,52817.56$0
Jun 1994049,65117.09$0
May 1994038,02115.88$0
Apr 1994016,86714.14$0
Mar 1994042,71012.46$0
Feb 1994033,17712.50$0
Jan 1994011,70712.66$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
Condensate             0 bbl  × $ 63.50 =         $0
Gas                  645 Mcf  × $  3.75 =     $2,419

────────────────────────────────────────────────────
Month total                                   $2,419

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/148305 is the state's own key, not one this site invented.