WALLACE 24 1/2

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 169050District 7CField 81267333GasSaveExport
Value, all time
$258 k
May 1998 – Jun 2024
Value, last 12 filed months
$0
at the published price for each month
Months reported
314
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
GasProduction69,831 Mcf$257,960
Total$257,960

Every month this lease reported (314)

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

314 months

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 20105573.684.42$243
Jul 20108372.554.74$393
Jun 20108370.364.91$408
May 20104571.124.24$191
Apr 20109981.694.12$408
Mar 20108878.394.39$386
Feb 20107573.585.44$408
Jan 201010274.365.96$608
Dec 20098571.445.48$466
Nov 20098174.593.75$304
Oct 20099172.544.11$374
Sep 20098465.543.06$257
Aug 20098467.423.22$270
Jul 20098561.133.46$294
Jun 20097666.163.90$296
May 200910054.743.93$393
Apr 20097746.773.59$276
Mar 20099142.144.06$369
Feb 200910432.814.63$482
Jan 20099035.865.37$483
Dec 20089037.105.98$538
Nov 20089055.496.86$617
Oct 20088575.246.92$588
Sep 200881101.767.88$638
Aug 200884114.228.48$713
Jul 200888131.0811.39$1,002
Jun 200888131.3313.03$1,147
May 200896123.1711.57$1,111
Apr 200891110.3110.45$951
Mar 200886101.909.66$831
Feb 200812392.538.77$1,079
Jan 20089490.388.21$771
Dec 20079088.337.30$657
Nov 20079691.677.29$700
Oct 200713182.856.92$907
Sep 200710375.846.24$643
Aug 200710169.066.39$645
Jul 200710070.906.39$639
Jun 20079762.007.55$732
May 20074858.747.85$377
Apr 20078559.617.81$663
Mar 200710156.927.30$738
Feb 20078455.108.22$690
Jan 20078950.306.73$599
Dec 20069856.656.92$678
Nov 20069254.207.62$701
Oct 200615454.906.01$926
Sep 200614560.085.04$730
Aug 200615468.717.34$1,130
Jul 200616269.376.34$1,028
Jun 200614266.286.38$907
May 200614466.016.42$925
Apr 200613664.397.36$1,001
Mar 200613156.707.08$928
Feb 200612257.597.75$946
Jan 200615360.598.93$1,367
Dec 200513254.9413.42$1,771
Nov 200514054.6910.59$1,482
Oct 200514558.3413.80$2,000
Sep 200514861.4512.08$1,788
Aug 200518861.519.80$1,842
Jul 200522755.697.84$1,781
Jun 200514552.337.38$1,070
May 20056845.226.65$452
Apr 20056149.207.36$449
Mar 200512050.377.15$859
Feb 200517345.226.31$1,092
Jan 200517043.166.32$1,075
Dec 200417639.866.75$1,188
Nov 200416445.286.33$1,038
Oct 200419649.706.52$1,277
Sep 200421643.245.28$1,141
Aug 200428542.375.55$1,582
Jul 200427238.286.08$1,655
Jun 200428736.106.43$1,846
May 200425637.486.49$1,663
Apr 200424434.475.86$1,429
Mar 200430834.365.53$1,703
Feb 200423532.455.51$1,295
Jan 200436532.036.30$2,299
Dec 200338730.266.30$2,439
Nov 200334628.804.60$1,590
Oct 200345028.174.76$2,142
Sep 200334726.314.75$1,648
Aug 200338329.765.13$1,965
Jul 200333529.415.17$1,732
Jun 200336028.565.98$2,154
May 200333726.595.97$2,013
Apr 200334326.675.41$1,855
Mar 200353031.146.10$3,231
Feb 200341833.487.93$3,313
Jan 200353930.315.58$3,009
Dec 200234726.914.85$1,684
Nov 200237724.664.14$1,560
Oct 200235826.464.23$1,514
Sep 200238027.443.64$1,381
Aug 200239125.963.16$1,237
Jul 200253124.583.06$1,626
Jun 200241623.733.34$1,389
May 200244724.663.58$1,602
Apr 200252923.653.51$1,858
Mar 200246722.003.10$1,449
Feb 200245818.222.38$1,088
Jan 200241917.172.38$995
Dec 200146716.932.36$1,104
Nov 200152518.072.41$1,263
Oct 200152719.782.53$1,333
Sep 200155424.262.25$1,247
Aug 200153824.873.05$1,643
Jul 200161523.933.20$1,966
Jun 200155724.563.82$2,130
May 200157225.524.31$2,464
Apr 200156324.685.34$3,004
Mar 200168824.545.38$3,699
Feb 200160727.755.77$3,501
Jan 200167227.478.40$5,644
Dec 200065326.889.12$5,957
Nov 200061032.215.66$3,451
Oct 200067031.235.15$3,447
Sep 200077231.875.19$4,004
Aug 200086229.644.54$3,914
Jul 200095828.534.09$3,918
Jun 200087429.304.40$3,843
May 200097427.263.68$3,584
Apr 200091624.513.12$2,854
Mar 200089328.422.86$2,554
Feb 200092827.622.73$2,530
Jan 200092225.272.48$2,287
Dec 199998024.282.42$2,375
Nov 19991,09123.192.43$2,655
Oct 19991,26120.982.80$3,535
Sep 19991,04821.752.62$2,745
Aug 19991,14319.262.88$3,287
Jul 19991,52317.892.37$3,613
Jun 19991,58315.942.36$3,739
May 19991,88715.792.32$4,380
Apr 19991,55215.102.21$3,427
Mar 19991,26312.471.84$2,322
Feb 19991,3219.981.82$2,401
Jan 19991,05810.381.90$2,010
Dec 19981,5209.201.77$2,695
Nov 19982,09310.892.19$4,575
Oct 19982,36212.421.97$4,651
Sep 19982,60912.592.08$5,434
Aug 19982,98611.301.91$5,695
Jul 19983,38111.742.24$7,564
Jun 19982,10011.242.24$4,698
May 1998512.622.21$11

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                   55 Mcf  × $  4.42 =       $243

────────────────────────────────────────────────────
Month total                                     $243

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/169050 is the state's own key, not one this site invented.