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 159942District 7CField 81267333GasSaveExport
Value, all time
$1.0 M
Aug 1996 – May 2026
Value, last 12 filed months
$6 k
at the published price for each month
Months reported
358
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
GasProduction335,417 Mcf$1,003,409
Total$1,003,409

82,648 Mcf of this lease's gas, across 5 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 (358)

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

358 months

May 20260106.413.05$0
Apr 2026098.932.87$0
Mar 2026089.753.15$0
Feb 202614663.503.75$548
Jan 202618659.138.00$1,488
Dec 202517056.664.41$750
Nov 202514258.593.93$558
Oct 2025059.383.30$0
Sep 20259862.743.08$302
Aug 202518563.933.01$558
Jul 202521666.743.32$716
Jun 202529366.483.13$917
May 202531660.553.23$1,021
Apr 2025062.363.54$0
Mar 202519767.704.27$841
Feb 202521170.884.34$916
Jan 202525274.324.28$1,078
Dec 202429368.993.12$915
Nov 2024069.052.20$0
Oct 202423471.372.28$534
Sep 2024069.612.36$0
Aug 202423975.632.06$493
Jul 202425479.932.15$545
Jun 202436478.082.63$959
May 202433578.812.20$736
Apr 202426284.451.66$435
Mar 202423480.301.55$362
Feb 202424376.091.78$433
Jan 202419073.023.30$627
Dec 202321871.262.61$569
Nov 202318877.892.81$528
Oct 202325885.443.09$797
Sep 202325289.042.74$689
Aug 202336580.522.67$976
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 202328975.112.47$713
Jan 202335576.533.39$1,203
Dec 202233376.415.73$1,908
Nov 202234085.005.65$1,920
Oct 202231687.185.86$1,853
Sep 202231084.888.16$2,531
Aug 202230894.529.13$2,811
Jul 2022267101.587.54$2,014
Jun 2022286115.097.98$2,281
May 2022295109.378.43$2,488
Apr 2022252104.226.84$1,723
Mar 2022117108.885.08$594
Feb 202215791.054.86$763
Jan 202220281.844.54$917
Dec 202118071.323.90$702
Nov 202117077.435.24$890
Oct 202116479.795.71$937
Sep 202124369.865.35$1,300
Aug 202113566.024.22$570
Jul 202116370.783.98$649
Jun 202119969.493.38$673
May 202120963.483.02$631
Apr 202124260.362.76$668
Mar 202118261.302.72$494
Feb 202111957.805.55$660
Jan 202110050.412.81$281
Dec 202015844.642.68$423
Nov 202026838.772.71$725
Oct 202021336.972.48$528
Sep 202019737.091.99$392
Aug 202015739.982.39$374
Jul 202020138.371.83$367
Jun 202051234.901.69$865
May 202033316.921.81$604
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 201923756.803.06$726
Feb 201925950.852.79$723
Jan 201929346.033.23$946
Dec 201828046.594.19$1,172
Nov 201827952.934.24$1,182
Oct 201830961.443.40$1,050
Sep 201849559.543.11$1,538
Aug 201817659.403.07$540
Jul 201819965.142.93$583
Jun 201821960.183.08$674
May 201821965.382.90$635
Apr 201820763.842.90$600
Mar 201826261.222.79$730
Feb 201822061.782.77$609
Jan 201835462.874.01$1,419
Dec 201723957.272.92$698
Nov 201720755.423.12$646
Oct 201723549.292.98$701
Sep 201732247.523.09$994
Aug 201728545.373.00$856
Jul 201730243.873.09$932
Jun 201726642.493.09$821
May 201732845.373.26$1,070
Apr 201729447.933.21$944
Mar 201723346.772.98$695
Feb 201726850.452.95$791
Jan 201722349.413.42$762
Dec 201627648.763.72$1,028
Nov 201631642.492.64$836
Oct 201626546.193.09$819
Sep 201627641.553.10$856
Aug 201633041.442.92$965
Jul 201631841.622.92$930
Jun 201628845.352.69$774
May 201632242.521.99$641
Apr 201626736.561.99$532
Mar 201630833.011.79$553
Feb 201639126.472.06$807
Jan 201628227.352.36$667
Dec 201532132.362.00$642
Nov 201529438.792.17$637
Oct 201529143.552.43$706
Sep 201527642.992.76$761
Aug 201529340.162.87$842
Jul 201530248.152.95$889
Jun 201532356.152.88$931
May 201531255.212.96$922
Apr 201543749.822.71$1,183
Mar 201544842.892.93$1,315
Feb 201539444.662.98$1,173
Jan 201547943.433.10$1,485
Dec 201423554.693.59$844
Nov 201430070.464.25$1,276
Oct 201432378.303.90$1,260
Sep 201433886.164.05$1,367
Aug 201430689.394.04$1,235
Jul 201433496.564.18$1,396
Jun 201433298.164.74$1,573
May 201429194.734.73$1,375
Apr 201427995.944.81$1,342
Mar 201427295.895.06$1,375
Feb 201424897.406.19$1,536
Jan 201426790.404.86$1,298
Dec 201327891.824.35$1,211
Nov 201328188.853.74$1,050
Oct 201325597.423.78$964
Sep 2013335104.113.72$1,245
Aug 2013305104.253.52$1,074
Jul 2013296102.523.72$1,100
Jun 201329994.403.93$1,176
May 201332294.834.15$1,336
Apr 201338293.964.28$1,636
Mar 201336693.623.91$1,432
Feb 201328491.233.42$971
Jan 201329691.603.42$1,012
Dec 201230386.773.42$1,036
Nov 201229086.953.62$1,051
Oct 201234589.383.40$1,173
Sep 201232094.672.92$934
Aug 201238692.662.91$1,123
Jul 201238085.133.02$1,148
Jun 201235379.822.52$889
May 201236391.612.49$903
Apr 2012346101.652.00$691
Mar 2012372105.052.22$827
Feb 2012282101.102.57$725
Jan 201235198.092.73$960
Dec 201134196.873.24$1,105
Nov 201133995.723.31$1,123
Oct 201133484.983.65$1,219
Sep 201140483.623.99$1,610
Aug 201133483.404.15$1,386
Jul 201124094.144.52$1,084
Jun 201123592.904.64$1,090
May 201127698.134.40$1,216
Apr 2011263105.964.33$1,140
Mar 201131996.364.06$1,294
Feb 201124585.644.18$1,024
Jan 201126186.504.59$1,198
Dec 201025985.734.35$1,126
Nov 201027680.843.80$1,048
Oct 201028178.103.51$986
Sep 201028772.633.98$1,142
Aug 201030773.684.42$1,357
Jul 201030572.554.74$1,445
Jun 201024770.364.91$1,213
May 201026971.124.24$1,139
Apr 201028681.694.12$1,179
Mar 201027378.394.39$1,198
Feb 201026573.585.44$1,442
Jan 201027074.365.96$1,610
Dec 200934071.445.48$1,864
Nov 200926074.593.75$975
Oct 200929072.544.11$1,192
Sep 200928965.543.06$886
Aug 200923967.423.22$769
Jul 200931761.133.46$1,098
Jun 200959966.163.90$2,333
May 200976254.743.93$2,991
Apr 200949346.773.59$1,769
Mar 200928242.144.06$1,145
Feb 200929232.814.63$1,353
Jan 200931235.865.37$1,676
Dec 200835637.105.98$2,128
Nov 200836955.496.86$2,531
Oct 200844675.246.92$3,087
Sep 2008382101.767.88$3,009
Aug 2008420114.228.48$3,563
Jul 2008415131.0811.39$4,727
Jun 2008360131.3313.03$4,692
May 2008407123.1711.57$4,711
Apr 2008333110.3110.45$3,481
Mar 2008417101.909.66$4,030
Feb 200830592.538.77$2,675
Jan 200836990.388.21$3,028
Dec 200753788.337.30$3,921
Nov 200747191.677.29$3,434
Oct 200761182.856.92$4,229
Sep 200770875.846.24$4,421
Aug 200766869.066.39$4,267
Jul 200755870.906.39$3,564
Jun 200738862.007.55$2,929
May 200741358.747.85$3,241
Apr 200739459.617.81$3,075
Mar 200743256.927.30$3,154
Feb 200750355.108.22$4,133
Jan 200744450.306.73$2,987
Dec 200649456.656.92$3,418
Nov 200639854.207.62$3,032
Oct 200653154.906.01$3,193
Sep 200675960.085.04$3,823
Aug 200681968.717.34$6,011
Jul 200674569.376.34$4,725
Jun 200673066.286.38$4,660
May 200675766.016.42$4,864
Apr 200655864.397.36$4,107
Mar 200663256.707.08$4,476
Feb 200666257.597.75$5,131
Jan 200662460.598.93$5,574
Dec 200583754.9413.42$11,229
Nov 200581054.6910.59$8,577
Oct 200599258.3413.80$13,685
Sep 200592661.4512.08$11,185
Aug 200586961.519.80$8,513
Jul 200562255.697.84$4,879
Jun 200560952.337.38$4,495
May 200573345.226.65$4,875
Apr 200565549.207.36$4,821
Mar 200582250.377.15$5,881
Feb 200591345.226.31$5,763
Jan 20051,10243.166.32$6,967
Dec 20041,01739.866.75$6,866
Nov 20041,10045.286.33$6,963
Oct 20041,06549.706.52$6,939
Sep 20041,03743.245.28$5,479
Aug 200489342.375.55$4,957
Jul 20041,01138.286.08$6,151
Jun 20041,20136.106.43$7,726
May 20041,03537.486.49$6,722
Apr 20041,15534.475.86$6,767
Mar 20041,12534.365.53$6,221
Feb 200498632.455.51$5,432
Jan 20041,10932.036.30$6,986
Dec 20031,21930.266.30$7,682
Nov 20031,40228.804.60$6,442
Oct 20031,36628.174.76$6,502
Sep 20031,04526.314.75$4,963
Aug 20031,15829.765.13$5,940
Jul 20031,91129.415.17$9,881
Jun 20031,42728.565.98$8,538
May 20031,55726.595.97$9,299
Apr 20031,71126.675.41$9,252
Mar 20032,31431.146.10$14,106
Feb 20033,30433.487.93$26,187
Jan 200354230.315.58$3,025
Dec 200253226.914.85$2,582
Nov 200279024.664.14$3,268
Oct 20021,00226.464.23$4,238
Sep 20021,10527.443.64$4,017
Aug 20021,49425.963.16$4,727
Jul 20022,77424.583.06$8,493
Jun 200242923.733.34$1,432
May 200274524.663.58$2,670
Apr 200268923.653.51$2,420
Mar 200276822.003.10$2,383
Feb 200270518.222.38$1,675
Jan 200278217.172.38$1,858
Dec 200176816.932.36$1,816
Nov 200182018.072.41$1,973
Oct 200185319.782.53$2,157
Sep 200185224.262.25$1,918
Aug 200192324.873.05$2,818
Jul 200199423.933.20$3,178
Jun 200192624.563.82$3,541
May 200194625.524.31$4,075
Apr 20011,04724.685.34$5,586
Mar 20011,04724.545.38$5,629
Feb 20011,02727.755.77$5,923
Jan 200198427.478.40$8,264
Dec 200098926.889.12$9,022
Nov 200098232.215.66$5,556
Oct 20001,14631.235.15$5,897
Sep 20001,32531.875.19$6,872
Aug 20001,26329.644.54$5,735
Jul 20001,26028.534.09$5,153
Jun 20001,23229.304.40$5,417
May 20001,22427.263.68$4,504
Apr 20001,14324.513.12$3,562
Mar 20001,25528.422.86$3,589
Feb 20001,19927.622.73$3,269
Jan 20001,31825.272.48$3,269
Dec 19991,31324.282.42$3,182
Nov 19991,30823.192.43$3,184
Oct 19991,41920.982.80$3,978
Sep 19991,42921.752.62$3,742
Aug 19991,51419.262.88$4,354
Jul 19991,54717.892.37$3,670
Jun 19991,56115.942.36$3,687
May 19991,58715.792.32$3,683
Apr 19991,57315.102.21$3,473
Mar 19991,75212.471.84$3,221
Feb 19991,7169.981.82$3,119
Jan 19991,96310.381.90$3,730
Dec 19981,7789.201.77$3,153
Nov 19981,97110.892.19$4,308
Oct 19982,17412.421.97$4,281
Sep 19981,67712.592.08$3,493
Aug 19982,19911.301.91$4,194
Jul 19982,37011.742.24$5,302
Jun 19982,46111.242.24$5,506
May 19982,27212.622.21$5,013
Apr 19982,31013.042.51$5,787
Mar 19982,68812.802.31$6,208
Feb 19983,00713.952.30$6,913
Jan 19983,08314.702.15$6,643
Dec 19973,34316.322.41$8,060
Nov 19973,11618.193.09$9,623
Oct 19972,61619.253.15$8,240
Sep 19974,05217.742.95$11,973
Aug 19973,77217.862.55$9,636
Jul 19974,75317.582.25$10,680
Jun 19974,25117.242.26$9,595
May 19974,88718.972.31$11,282
Apr 19975,64317.882.08$11,753
Mar 19976,19918.951.94$12,021
Feb 19976,16920.492.21$13,608
Jan 19977,92523.483.54$28,052
Dec 19969,52423.32$0
Nov 199611,83021.97$0
Oct 199618,10323.31$0
Sep 199624,54922.22$0
Aug 199618,64220.26$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                  146 Mcf  × $  3.75 =       $548

────────────────────────────────────────────────────
Month total                                     $548

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/159942 is the state's own key, not one this site invented.