WALLACE, G. D.

Operated by HENRY PETROLEUM LLC (P-5 378641) 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 159940District 7CField 81267333GasSaveExport
Value, all time
$480 k
Jul 1996 – Mar 2025
Value, last 12 filed months
$0
at the published price for each month
Months reported
345
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
GasProduction208,822 Mcf$479,878
Total$479,878

63,691 Mcf of this lease's gas, across 6 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 (345)

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

345 months

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 2018052.934.24$0
Oct 2018061.443.40$0
Sep 2018059.543.11$0
Aug 2018059.403.07$0
Jul 2018065.142.93$0
Jun 2018060.183.08$0
May 2018065.382.90$0
Apr 2018063.842.90$0
Mar 2018061.222.79$0
Feb 2018061.782.77$0
Jan 2018062.874.01$0
Dec 2017057.272.92$0
Nov 2017055.423.12$0
Oct 2017049.292.98$0
Sep 2017047.523.09$0
Aug 2017045.373.00$0
Jul 2017043.873.09$0
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 2017049.413.42$0
Dec 2016048.763.72$0
Nov 2016042.492.64$0
Oct 2016046.193.09$0
Sep 2016041.553.10$0
Aug 2016041.442.92$0
Jul 2016041.622.92$0
Jun 2016045.352.69$0
May 2016042.521.99$0
Apr 2016036.561.99$0
Mar 2016033.011.79$0
Feb 2016026.472.06$0
Jan 2016027.352.36$0
Dec 2015032.362.00$0
Nov 2015038.792.17$0
Oct 2015043.552.43$0
Sep 2015042.992.76$0
Aug 2015040.162.87$0
Jul 2015048.152.95$0
Jun 2015056.152.88$0
May 2015055.212.96$0
Apr 2015049.822.71$0
Mar 2015042.892.93$0
Feb 2015044.662.98$0
Jan 2015043.433.10$0
Dec 2014054.693.59$0
Nov 2014070.464.25$0
Oct 2014078.303.90$0
Sep 2014086.164.05$0
Aug 2014089.394.04$0
Jul 2014096.564.18$0
Jun 2014098.164.74$0
May 2014094.734.73$0
Apr 2014095.944.81$0
Mar 2014095.895.06$0
Feb 2014097.406.19$0
Jan 2014090.404.86$0
Dec 2013091.824.35$0
Nov 2013088.853.74$0
Oct 2013097.423.78$0
Sep 20130104.113.72$0
Aug 20130104.253.52$0
Jul 20130102.523.72$0
Jun 2013094.403.93$0
May 2013094.834.15$0
Apr 2013093.964.28$0
Mar 2013093.623.91$0
Feb 2013091.233.42$0
Jan 2013091.603.42$0
Dec 2012086.773.42$0
Nov 2012086.953.62$0
Oct 2012089.383.40$0
Sep 2012094.672.92$0
Aug 2012092.662.91$0
Jul 2012085.133.02$0
Jun 2012079.822.52$0
May 2012091.612.49$0
Apr 20120101.652.00$0
Mar 20120105.052.22$0
Feb 20120101.102.57$0
Jan 2012098.092.73$0
Dec 2011096.873.24$0
Nov 2011095.723.31$0
Oct 2011084.983.65$0
Sep 2011083.623.99$0
Aug 2011083.404.15$0
Jul 2011094.144.52$0
Jun 2011092.904.64$0
May 2011098.134.40$0
Apr 20110105.964.33$0
Mar 2011096.364.06$0
Feb 2011085.644.18$0
Jan 2011086.504.59$0
Dec 2010085.734.35$0
Nov 2010080.843.80$0
Oct 2010078.103.51$0
Sep 2010072.633.98$0
Aug 20107573.684.42$331
Jul 20107972.554.74$374
Jun 20107870.364.91$383
May 20106471.124.24$271
Apr 20102581.694.12$103
Mar 201014178.394.39$619
Feb 201013373.585.44$724
Jan 201012274.365.96$728
Dec 200911571.445.48$631
Nov 20098374.593.75$311
Oct 20098672.544.11$353
Sep 20097865.543.06$239
Aug 20096167.423.22$196
Jul 200910361.133.46$357
Jun 200917066.163.90$662
May 200915754.743.93$616
Apr 200912246.773.59$438
Mar 200913542.144.06$548
Feb 200916032.814.63$741
Jan 200914435.865.37$773
Dec 200814837.105.98$885
Nov 200813855.496.86$947
Oct 200814975.246.92$1,031
Sep 2008148101.767.88$1,166
Aug 2008139114.228.48$1,179
Jul 2008165131.0811.39$1,879
Jun 2008153131.3313.03$1,994
May 2008156123.1711.57$1,806
Apr 2008164110.3110.45$1,715
Mar 2008156101.909.66$1,508
Feb 200814192.538.77$1,237
Jan 200815590.388.21$1,272
Dec 200715988.337.30$1,161
Nov 200716391.677.29$1,189
Oct 200719082.856.92$1,315
Sep 200718375.846.24$1,143
Aug 200713969.066.39$888
Jul 200718470.906.39$1,175
Jun 200728762.007.55$2,166
May 200721958.747.85$1,718
Apr 200719159.617.81$1,491
Mar 200720356.927.30$1,482
Feb 200720955.108.22$1,717
Jan 200721650.306.73$1,453
Dec 200620456.656.92$1,411
Nov 200621854.207.62$1,661
Oct 200620254.906.01$1,215
Sep 200620560.085.04$1,033
Aug 200622768.717.34$1,666
Jul 200628369.376.34$1,795
Jun 200623066.286.38$1,468
May 200622066.016.42$1,414
Apr 200621464.397.36$1,575
Mar 200624956.707.08$1,764
Feb 200622957.597.75$1,775
Jan 200624560.598.93$2,189
Dec 200523654.9413.42$3,166
Nov 200523254.6910.59$2,457
Oct 200524658.3413.80$3,394
Sep 200524761.4512.08$2,984
Aug 200527461.519.80$2,684
Jul 200531155.697.84$2,439
Jun 200529052.337.38$2,141
May 200529945.226.65$1,989
Apr 200526749.207.36$1,965
Mar 200527150.377.15$1,939
Feb 200526545.226.31$1,673
Jan 200530843.166.32$1,947
Dec 200427539.866.75$1,857
Nov 200428945.286.33$1,829
Oct 200431749.706.52$2,065
Sep 200431643.245.28$1,670
Aug 200434342.375.55$1,904
Jul 200445638.286.08$2,774
Jun 200439236.106.43$2,522
May 200437337.486.49$2,422
Apr 200446134.475.86$2,701
Mar 200443234.365.53$2,389
Feb 200434132.455.51$1,879
Jan 200438032.036.30$2,394
Dec 200338330.266.30$2,414
Nov 200336828.804.60$1,691
Oct 200339528.174.76$1,880
Sep 200338026.314.75$1,805
Aug 200341229.765.13$2,113
Jul 200343829.415.17$2,265
Jun 200345028.565.98$2,692
May 200346726.595.97$2,789
Apr 200348526.675.41$2,623
Mar 200350931.146.10$3,103
Feb 200342833.487.93$3,392
Jan 200352030.315.58$2,903
Dec 200246226.914.85$2,242
Nov 200252324.664.14$2,164
Oct 200249826.464.23$2,106
Sep 200246827.443.64$1,701
Aug 200271525.963.16$2,262
Jul 20021,12824.583.06$3,454
Jun 20021,15023.733.34$3,839
May 20021,27924.663.58$4,584
Apr 20021,49423.653.51$5,247
Mar 200267422.003.10$2,091
Feb 200225518.222.38$606
Jan 20021,26817.172.38$3,012
Dec 20012,24516.932.36$5,308
Nov 20011,52018.072.41$3,656
Oct 200193419.782.53$2,362
Sep 200165824.262.25$1,481
Aug 200189624.873.05$2,736
Jul 200150223.933.20$1,605
Jun 200148424.563.82$1,851
May 200158925.524.31$2,537
Apr 200198724.685.34$5,266
Mar 200191124.545.38$4,898
Feb 200180027.755.77$4,614
Jan 200189527.478.40$7,517
Dec 200070226.889.12$6,404
Nov 200066532.215.66$3,763
Oct 200089031.235.15$4,580
Sep 200088731.875.19$4,600
Aug 200097529.644.54$4,427
Jul 200092128.534.09$3,767
Jun 200078629.304.40$3,456
May 200092727.263.68$3,411
Apr 200085724.513.12$2,670
Mar 20001,04728.422.86$2,994
Feb 20001,11827.622.73$3,048
Jan 20001,42525.272.48$3,535
Dec 19991,28624.282.42$3,117
Nov 19991,71123.192.43$4,165
Oct 19992,10420.982.80$5,899
Sep 19992,37421.752.62$6,217
Aug 19992,46519.262.88$7,088
Jul 19991,80917.892.37$4,292
Jun 19991,19815.942.36$2,830
May 19991,36315.792.32$3,164
Apr 19991,56815.102.21$3,462
Mar 19991,91812.471.84$3,526
Feb 19991,5849.981.82$2,879
Jan 19991,71210.381.90$3,253
Dec 19982,2739.201.77$4,031
Nov 19983,08210.892.19$6,736
Oct 19983,57712.421.97$7,044
Sep 19984,24012.592.08$8,830
Aug 19985,57811.301.91$10,639
Jul 19985,59811.742.24$12,524
Jun 19983,52111.242.24$7,877
May 19988,30212.622.21$18,317
Apr 19986,28813.042.51$15,754
Mar 19984,27712.802.31$9,877
Feb 19985,49813.952.30$12,641
Jan 19983,44714.702.15$7,428
Dec 19971316.322.41$31
Nov 1997018.193.09$0
Oct 1997019.253.15$0
Sep 1997017.742.95$0
Aug 1997017.862.55$0
Jul 1997017.582.25$0
Jun 1997017.242.26$0
May 199732818.972.31$757
Apr 19975217.882.08$108
Mar 19973,03118.951.94$5,878
Feb 19974,71620.492.21$10,403
Jan 19975,81523.483.54$20,583
Dec 19967,34123.32$0
Nov 199610,05921.97$0
Oct 199610,81323.31$0
Sep 199612,86322.22$0
Aug 199617,39320.26$0
Jul 19965,22219.55$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.

Aug 2010 — as filed, then multipliedworked
Gas                   75 Mcf  × $  4.42 =       $331

────────────────────────────────────────────────────
Month total                                     $331

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/159940 is the state's own key, not one this site invented.