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 159121District 7CField 81267333GasSaveExport
Value, all time
$1.6 M
May 1996 – May 2026
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
361
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
GasProduction549,792 Mcf$1,567,470
Total$1,567,470

178,400 Mcf of this lease's gas, across 8 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 (361)

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

361 months

May 20260106.413.05$0
Apr 2026098.932.87$0
Mar 2026089.753.15$0
Feb 20268763.503.75$326
Jan 202611759.138.00$936
Dec 202515656.664.41$688
Nov 202529158.593.93$1,143
Oct 2025059.383.30$0
Sep 202511262.743.08$345
Aug 202513963.933.01$419
Jul 202517166.743.32$567
Jun 20259866.483.13$307
May 202512360.553.23$398
Apr 2025062.363.54$0
Mar 202514767.704.27$627
Feb 202510770.884.34$464
Jan 202518674.324.28$796
Dec 202428968.993.12$902
Nov 2024069.052.20$0
Oct 202418671.372.28$424
Sep 2024069.612.36$0
Aug 202414275.632.06$293
Jul 202410079.932.15$215
Jun 202412178.082.63$319
May 202413578.812.20$297
Apr 202414384.451.66$237
Mar 202417080.301.55$263
Feb 202417876.091.78$317
Jan 202421473.023.30$706
Dec 202321471.262.61$559
Nov 202319877.892.81$556
Oct 202314785.443.09$454
Sep 202314489.042.74$394
Aug 202321580.522.67$575
Jul 202315174.852.64$399
Jun 202317568.962.26$395
May 202315270.622.23$339
Apr 202319178.122.24$427
Mar 202318072.852.39$431
Feb 202315975.112.47$392
Jan 202319576.533.39$661
Dec 202217176.415.73$980
Nov 202219385.005.65$1,090
Oct 202218887.185.86$1,102
Sep 202217884.888.16$1,453
Aug 202219294.529.13$1,752
Jul 2022160101.587.54$1,207
Jun 2022164115.097.98$1,308
May 2022202109.378.43$1,703
Apr 2022189104.226.84$1,292
Mar 2022184108.885.08$934
Feb 202218691.054.86$904
Jan 202223281.844.54$1,053
Dec 202118771.323.90$729
Nov 202119777.435.24$1,032
Oct 202121479.795.71$1,223
Sep 202128169.865.35$1,504
Aug 202129466.024.22$1,241
Jul 202128370.783.98$1,127
Jun 202124469.493.38$825
May 202125563.483.02$770
Apr 202128060.362.76$772
Mar 202136861.302.72$1,000
Feb 202124057.805.55$1,332
Jan 202135550.412.81$998
Dec 202042844.642.68$1,145
Nov 202045738.772.71$1,237
Oct 20207736.972.48$191
Sep 202029037.091.99$577
Aug 202031339.982.39$747
Jul 202018838.371.83$343
Jun 202044834.901.69$757
May 202027816.921.81$505
Apr 202010314.751.80$186
Mar 202019330.341.86$358
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 201913356.803.06$407
Feb 201921250.852.79$592
Jan 201925246.033.23$814
Dec 201825546.594.19$1,067
Nov 201822552.934.24$953
Oct 201822161.443.40$751
Sep 201855759.543.11$1,731
Aug 201818159.403.07$555
Jul 201819365.142.93$566
Jun 201820760.183.08$637
May 201823065.382.90$667
Apr 201824863.842.90$719
Mar 201822461.222.79$624
Feb 201817161.782.77$473
Jan 201823962.874.01$958
Dec 201722857.272.92$666
Nov 201723655.423.12$736
Oct 201725349.292.98$755
Sep 201732747.523.09$1,010
Aug 201721645.373.00$649
Jul 201722143.873.09$682
Jun 201716342.493.09$503
May 201715645.373.26$509
Apr 201723547.933.21$755
Mar 201727346.772.98$815
Feb 201721850.452.95$644
Jan 201724149.413.42$824
Dec 201623648.763.72$879
Nov 201624642.492.64$651
Oct 201626146.193.09$807
Sep 201628041.553.10$868
Aug 201631641.442.92$924
Jul 201629441.622.92$860
Jun 201636745.352.69$986
May 201628642.521.99$569
Apr 201633336.561.99$663
Mar 201629333.011.79$526
Feb 201629126.472.06$601
Jan 201632927.352.36$778
Dec 201532432.362.00$648
Nov 201531638.792.17$685
Oct 201529743.552.43$721
Sep 201529042.992.76$800
Aug 201532040.162.87$919
Jul 201524048.152.95$707
Jun 201522556.152.88$649
May 201521655.212.96$638
Apr 201523349.822.71$631
Mar 201522042.892.93$646
Feb 201519044.662.98$565
Jan 201522543.433.10$698
Dec 201448854.693.59$1,753
Nov 201420670.464.25$876
Oct 201421878.303.90$850
Sep 201420086.164.05$809
Aug 201422089.394.04$888
Jul 201431196.564.18$1,300
Jun 201432098.164.74$1,516
May 201434294.734.73$1,616
Apr 201435395.944.81$1,698
Mar 201433395.895.06$1,684
Feb 201433197.406.19$2,050
Jan 201436590.404.86$1,774
Dec 201337591.824.35$1,633
Nov 201334788.853.74$1,297
Oct 201337097.423.78$1,398
Sep 2013325104.113.72$1,208
Aug 2013340104.253.52$1,198
Jul 2013333102.523.72$1,238
Jun 201337394.403.93$1,467
May 201340194.834.15$1,664
Apr 201339293.964.28$1,679
Mar 201342993.623.91$1,679
Feb 201336491.233.42$1,245
Jan 201343391.603.42$1,481
Dec 201242586.773.42$1,454
Nov 201243886.953.62$1,588
Oct 201242489.383.40$1,441
Sep 201238294.672.92$1,115
Aug 201242392.662.91$1,230
Jul 201241785.133.02$1,260
Jun 201240379.822.52$1,015
May 201244091.612.49$1,095
Apr 2012435101.652.00$869
Mar 2012463105.052.22$1,029
Feb 2012453101.102.57$1,164
Jan 201249998.092.73$1,364
Dec 201147896.873.24$1,549
Nov 201147195.723.31$1,560
Oct 201148084.983.65$1,751
Sep 201146283.623.99$1,841
Aug 201147783.404.15$1,979
Jul 201147094.144.52$2,123
Jun 201148792.904.64$2,260
May 201151398.134.40$2,260
Apr 2011509105.964.33$2,206
Mar 201154096.364.06$2,191
Feb 201150685.644.18$2,115
Jan 201151286.504.59$2,349
Dec 201049485.734.35$2,148
Nov 201049980.843.80$1,894
Oct 201051478.103.51$1,804
Sep 201050872.633.98$2,022
Aug 201053473.684.42$2,360
Jul 201053472.554.74$2,529
Jun 201056170.364.91$2,755
May 201057571.124.24$2,435
Apr 201051081.694.12$2,103
Mar 201053478.394.39$2,344
Feb 201053773.585.44$2,923
Jan 201061074.365.96$3,638
Dec 200963571.445.48$3,482
Nov 200964474.593.75$2,416
Oct 200967072.544.11$2,754
Sep 200965065.543.06$1,992
Aug 200967267.423.22$2,163
Jul 200967061.133.46$2,321
Jun 200963766.163.90$2,481
May 200978254.743.93$3,070
Apr 200964246.773.59$2,303
Mar 200975042.144.06$3,044
Feb 200995732.814.63$4,434
Jan 200980935.865.37$4,345
Dec 200885237.105.98$5,093
Nov 200870955.496.86$4,864
Oct 200879375.246.92$5,489
Sep 2008891101.767.88$7,018
Aug 2008906114.228.48$7,686
Jul 2008887131.0811.39$10,102
Jun 2008841131.3313.03$10,960
May 2008916123.1711.57$10,602
Apr 2008936110.3110.45$9,786
Mar 2008833101.909.66$8,050
Feb 200883692.538.77$7,332
Jan 200888790.388.21$7,278
Dec 200777788.337.30$5,674
Nov 200775091.677.29$5,469
Oct 200765482.856.92$4,527
Sep 200785175.846.24$5,314
Aug 200788469.066.39$5,647
Jul 20071,19970.906.39$7,659
Jun 20071,27362.007.55$9,609
May 20071,16058.747.85$9,102
Apr 20071,18159.617.81$9,218
Mar 20071,15756.927.30$8,448
Feb 20071,23655.108.22$10,155
Jan 20071,42150.306.73$9,559
Dec 20061,39356.656.92$9,637
Nov 20061,34254.207.62$10,223
Oct 20061,46354.906.01$8,798
Sep 20061,33160.085.04$6,705
Aug 20061,64268.717.34$12,052
Jul 20061,91969.376.34$12,172
Jun 20061,39766.286.38$8,918
May 20061,53866.016.42$9,882
Apr 20061,41364.397.36$10,400
Mar 20061,58456.707.08$11,219
Feb 20061,39957.597.75$10,844
Jan 20061,76460.598.93$15,758
Dec 20051,72354.9413.42$23,115
Nov 20051,78954.6910.59$18,943
Oct 20051,90758.3413.80$26,309
Sep 20051,93861.4512.08$23,409
Aug 20052,01161.519.80$19,701
Jul 20052,27855.697.84$17,868
Jun 20052,53652.337.38$18,718
May 200587945.226.65$5,846
Apr 200578549.207.36$5,778
Mar 200581650.377.15$5,838
Feb 200596745.226.31$6,104
Jan 20051,31043.166.32$8,282
Dec 20041,19039.866.75$8,034
Nov 20041,29545.286.33$8,198
Oct 20041,47049.706.52$9,577
Sep 20041,60543.245.28$8,481
Aug 20041,67042.375.55$9,270
Jul 20041,79938.286.08$10,945
Jun 20041,94836.106.43$12,532
May 20042,11837.486.49$13,756
Apr 20042,42134.475.86$14,183
Mar 20042,86134.365.53$15,822
Feb 20043,24332.455.51$17,868
Jan 20044,46732.036.30$28,140
Dec 20037,90230.266.30$49,796
Nov 20036,43628.804.60$29,574
Oct 200385528.174.76$4,069
Sep 200376826.314.75$3,648
Aug 200380129.765.13$4,109
Jul 200389429.415.17$4,623
Jun 200389728.565.98$5,367
May 200399126.595.97$5,919
Apr 200392326.675.41$4,991
Mar 200391431.146.10$5,572
Feb 20031,25433.487.93$9,939
Jan 20031,29530.315.58$7,229
Dec 20021,27326.914.85$6,179
Nov 20021,31124.664.14$5,424
Oct 20021,39926.464.23$5,917
Sep 20021,23327.443.64$4,482
Aug 20021,68825.963.16$5,341
Jul 20021,74624.583.06$5,346
Jun 20021,80323.733.34$6,019
May 20021,99224.663.58$7,139
Apr 20021,86823.653.51$6,561
Mar 20021,99322.003.10$6,184
Feb 20021,96118.222.38$4,659
Jan 20022,30917.172.38$5,485
Dec 20012,45716.932.36$5,809
Nov 20012,61118.072.41$6,281
Oct 20013,26619.782.53$8,259
Sep 20013,67724.262.25$8,278
Aug 20014,23924.873.05$12,942
Jul 20015,02923.933.20$16,078
Jun 20016,18824.563.82$23,664
May 20016,35925.524.31$27,390
Apr 200164024.685.34$3,415
Mar 200174924.545.38$4,027
Feb 200167627.755.77$3,899
Jan 200170427.478.40$5,913
Dec 200045526.889.12$4,151
Nov 200070032.215.66$3,961
Oct 200080131.235.15$4,122
Sep 200083031.875.19$4,305
Aug 200087929.644.54$3,991
Jul 200090228.534.09$3,689
Jun 200092929.304.40$4,085
May 200094627.263.68$3,481
Apr 200085524.513.12$2,664
Mar 200094728.422.86$2,708
Feb 200087727.622.73$2,391
Jan 200099125.272.48$2,458
Dec 199991624.282.42$2,220
Nov 19991,01023.192.43$2,458
Oct 19991,04720.982.80$2,935
Sep 199997521.752.62$2,553
Aug 19991,11519.262.88$3,206
Jul 19991,10417.892.37$2,619
Jun 19991,10215.942.36$2,603
May 19991,23015.792.32$2,855
Apr 19991,16215.102.21$2,566
Mar 19991,24212.471.84$2,283
Feb 19991,2029.981.82$2,185
Jan 19991,38710.381.90$2,635
Dec 19981,4339.201.77$2,541
Nov 19981,44910.892.19$3,167
Oct 19981,50012.421.97$2,954
Sep 19981,53412.592.08$3,195
Aug 19981,70311.301.91$3,248
Jul 19981,66411.742.24$3,723
Jun 19981,70311.242.24$3,810
May 19981,89112.622.21$4,172
Apr 19981,94013.042.51$4,860
Mar 19982,16712.802.31$5,005
Feb 19982,19813.952.30$5,053
Jan 19982,78314.702.15$5,997
Dec 19973,43016.322.41$8,270
Nov 19973,57618.193.09$11,044
Oct 19973,54919.253.15$11,179
Sep 19974,54517.742.95$13,430
Aug 19975,84617.862.55$14,935
Jul 19978,60917.582.25$19,344
Jun 19977,22717.242.26$16,313
May 19979,95118.972.31$22,972
Apr 199711,95217.882.08$24,893
Mar 199712,43318.951.94$24,109
Feb 199711,81220.492.21$26,056
Jan 199714,85923.483.54$52,596
Dec 199616,73823.32$0
Nov 199618,00321.97$0
Oct 199622,11023.31$0
Sep 199623,50122.22$0
Aug 199627,64820.26$0
Jul 199626,71819.55$0
Jun 199629,93118.73$0
May 199613,75119.43$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                   87 Mcf  × $  3.75 =       $326

────────────────────────────────────────────────────
Month total                                     $326

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/159121 is the state's own key, not one this site invented.