WALLACE

Operated by QP, INC. (P-5 684489) in the ELAM (STRAWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 18492District 8AField 28240500OilCasinghead gasSave
Value, all time
$4.2 M
Jan 1993 – May 2026
Value, last 12 filed months
$142 k
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition98,632 bbl$4,176,234
Casinghead gasProduction115 Mcf$208
Total$4,176,442

48 Mcf of this lease's gas, across 48 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.

Wells on this lease (3)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 33.0369, -100.7848. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

33.03728, -100.78528 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
66.7%
2 of 3 wells
With a plug date
66.7%
2 of 3 wells
Median depth
6,827 ft
3 wells filed one
Completion to plug
5.6 years
median over 1 wells

What the state filed about each well

On the RRC proration schedule
266.7%
A plug date is filed
266.7%
BothOn the schedule and plugged. Neither fact cancels the other.
266.7%
NeitherNo plug date, and not on the schedule.
133.3%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

Between 6,825 and 6,919 ft, median 6,827 ft, over the 3 wells that filed a depth.

Completions filed
Jun 1979 – Mar 1981
2 of 3 wells; 1 filed none
Plug dates filed
Oct 1986
2 of 3 wells; 1 filed none

Last completion to plug: a median of 5.6 years across the 1 well that filed both dates, with the middle half between 5.6 years and 5.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells

42-263100291616,827 ftOct 1986Yes
42-263307363616,825 ftMar 1981Oct 1986Yes
42-263306452616,919 ftJun 1979

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (401)

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

401 months

May 20261250106.413.05$13,301
Apr 2026120098.932.87$11,872
Mar 2026213089.753.15$19,117
Feb 2026128063.503.75$8,128
Jan 2026127059.138.00$7,510
Dec 2025116056.664.41$6,573
Nov 2025124058.593.93$7,265
Oct 2025151059.383.30$8,966
Sep 2025229062.743.08$14,367
Aug 2025449063.933.01$28,705
Jul 2025239066.743.32$15,951
Jun 20250066.483.13$0
May 2025116060.553.23$7,024
Apr 2025118062.363.54$7,358
Mar 2025126067.704.27$8,530
Feb 2025234070.884.34$16,586
Jan 2025128074.324.28$9,513
Dec 2024229068.993.12$15,799
Nov 20240069.052.20$0
Oct 2024235071.372.28$16,772
Sep 2024126069.612.36$8,771
Aug 2024257075.632.06$19,437
Jul 2024166079.932.15$13,268
Jun 2024118078.082.63$9,213
May 2024254078.812.20$20,018
Apr 20241084.451.66$84
Mar 2024245080.301.55$19,674
Feb 2024125076.091.78$9,511
Jan 2024221073.023.30$16,137
Dec 2023129071.262.61$9,193
Nov 2023258077.892.81$20,096
Oct 2023127085.443.09$10,851
Sep 2023125089.042.74$11,130
Aug 2023249080.522.67$20,049
Jul 2023255074.852.64$19,087
Jun 2023260068.962.26$17,930
May 20230070.622.23$0
Apr 2023122078.122.24$9,531
Mar 2023252072.852.39$18,358
Feb 2023134075.112.47$10,065
Jan 2023253076.533.39$19,362
Dec 20220076.415.73$0
Nov 2022374085.005.65$31,790
Oct 20220087.185.86$0
Sep 2022234084.888.16$19,862
Aug 2022118094.529.13$11,153
Jul 20221180101.587.54$11,986
Jun 20222390115.097.98$27,507
May 20221180109.378.43$12,906
Apr 20221150104.226.84$11,985
Mar 20221160108.885.08$12,630
Feb 2022232091.054.86$21,124
Jan 202291081.844.54$7,447
Dec 2021116071.323.90$8,273
Nov 2021220077.435.24$17,035
Oct 2021226079.795.71$18,033
Sep 2021120069.865.35$8,383
Aug 2021109066.024.22$7,196
Jul 2021113070.783.98$7,998
Jun 2021222069.493.38$15,427
May 2021111063.483.02$7,046
Apr 2021115060.362.76$6,941
Mar 2021116061.302.72$7,111
Feb 2021113057.805.55$6,531
Jan 2021109050.412.81$5,495
Dec 2020132044.642.68$5,892
Nov 2020120038.772.71$4,652
Oct 2020221036.972.48$8,170
Sep 2020116037.091.99$4,302
Aug 2020435039.982.39$17,391
Jul 2020118038.371.83$4,528
Jun 2020230034.901.69$8,027
May 202098016.921.81$1,658
Apr 2020242014.751.80$3,570
Mar 2020144030.341.86$4,369
Feb 202017049.881.98$848
Jan 2020207057.252.09$11,851
Dec 2019200059.012.30$11,802
Nov 20190055.302.75$0
Oct 2019195053.472.42$10,427
Sep 2019104055.052.66$5,725
Aug 2019225053.112.30$11,950
Jul 2019104056.272.46$5,852
Jun 2019284052.782.49$14,990
May 2019103058.482.74$6,023
Apr 2019231062.632.75$14,468
Mar 2019152056.803.06$8,634
Feb 2019142050.852.79$7,221
Jan 20191046.033.23$46
Dec 2018208046.594.19$9,691
Nov 2018105052.934.24$5,558
Oct 2018104061.443.40$6,390
Sep 2018103059.543.11$6,133
Aug 2018210059.403.07$12,474
Jul 2018211065.142.93$13,745
Jun 201899060.183.08$5,958
May 2018206065.382.90$13,468
Apr 2018106063.842.90$6,767
Mar 2018209061.222.79$12,795
Feb 2018104061.782.77$6,425
Jan 2018209062.874.01$13,140
Dec 2017100057.272.92$5,727
Nov 2017212055.423.12$11,749
Oct 2017209049.292.98$10,302
Sep 2017104047.523.09$4,942
Aug 2017208045.373.00$9,437
Jul 2017101043.873.09$4,431
Jun 2017206042.493.09$8,753
May 2017208045.373.26$9,437
Apr 20170047.933.21$0
Mar 2017208046.772.98$9,728
Feb 2017102050.452.95$5,146
Jan 2017106049.413.42$5,237
Dec 2016214048.763.72$10,435
Nov 2016112042.492.64$4,759
Oct 2016211046.193.09$9,746
Sep 2016105041.553.10$4,363
Aug 2016104041.442.92$4,310
Jul 2016214041.622.92$8,907
Jun 2016211045.352.69$9,569
May 2016109042.521.99$4,635
Apr 2016211036.561.99$7,714
Mar 2016128033.011.79$4,225
Feb 2016214026.472.06$5,665
Jan 2016215027.352.36$5,880
Dec 2015108032.362.00$3,495
Nov 2015106038.792.17$4,112
Oct 2015100043.552.43$4,355
Sep 2015208042.992.76$8,942
Aug 2015108040.162.87$4,337
Jul 201599048.152.95$4,767
Jun 2015103056.152.88$5,783
May 2015106055.212.96$5,852
Apr 2015213049.822.71$10,612
Mar 2015104042.892.93$4,461
Feb 2015109044.662.98$4,868
Jan 2015104043.433.10$4,517
Dec 2014213054.693.59$11,649
Nov 2014214070.464.25$15,078
Oct 2014215078.303.90$16,835
Sep 2014104086.164.05$8,961
Aug 2014211089.394.04$18,861
Jul 2014112096.564.18$10,815
Jun 2014217098.164.74$21,301
May 2014210094.734.73$19,893
Apr 2014103095.944.81$9,882
Mar 2014214095.895.06$20,520
Feb 2014209097.406.19$20,357
Jan 2014111090.404.86$10,034
Dec 2013207091.824.35$19,007
Nov 2013202088.853.74$17,948
Oct 2013100097.423.78$9,742
Sep 20131000104.113.72$10,411
Aug 20132060104.253.52$21,476
Jul 20131130102.523.72$11,585
Jun 2013215094.403.93$20,296
May 2013206094.834.15$19,535
Apr 2013100093.964.28$9,396
Mar 2013209093.623.91$19,567
Feb 2013209091.233.42$19,067
Jan 2013133091.603.42$12,183
Dec 2012192086.773.42$16,660
Nov 2012231086.953.62$20,085
Oct 2012115089.383.40$10,279
Sep 2012102094.672.92$9,656
Aug 2012228092.662.91$21,126
Jul 2012110085.133.02$9,364
Jun 2012208079.822.52$16,603
May 2012112091.612.49$10,260
Apr 20122110101.652.00$21,448
Mar 20122250105.052.22$23,636
Feb 20121150101.102.57$11,627
Jan 2012109098.092.73$10,692
Dec 2011103096.873.24$9,978
Nov 2011194095.723.31$18,570
Oct 2011206084.983.65$17,506
Sep 2011217083.623.99$18,146
Aug 2011279083.404.15$23,269
Jul 2011103094.144.52$9,696
Jun 2011213092.904.64$19,788
May 2011224098.134.40$21,981
Apr 20111060105.964.33$11,232
Mar 2011212096.364.06$20,428
Feb 2011107085.644.18$9,163
Jan 2011110086.504.59$9,515
Dec 2010215085.734.35$18,432
Nov 2010217080.843.80$17,542
Oct 2010215078.103.51$16,792
Sep 2010308072.633.98$22,370
Aug 2010101073.684.42$7,442
Jul 2010205072.554.74$14,873
Jun 2010106070.364.91$7,458
May 2010212071.124.24$15,077
Apr 2010106081.694.12$8,659
Mar 2010322078.394.39$25,242
Feb 20100073.585.44$0
Jan 2010219074.365.96$16,285
Dec 2009214071.445.48$15,288
Nov 2009209074.593.75$15,589
Oct 2009104072.544.11$7,544
Sep 2009209065.543.06$13,698
Aug 2009104067.423.22$7,012
Jul 2009423061.133.46$25,858
Jun 2009107066.163.90$7,079
May 2009102054.743.93$5,583
Apr 2009104046.773.59$4,864
Mar 2009206042.144.06$8,681
Feb 2009203032.814.63$6,660
Jan 2009206035.865.37$7,387
Dec 2008201037.105.98$7,457
Nov 2008201055.496.86$11,153
Oct 2008196075.246.92$14,747
Sep 2008980101.767.88$9,972
Aug 20083100114.228.48$35,408
Jul 2008950131.0811.39$12,453
Jun 20082040131.3313.03$26,791
May 20081950123.1711.57$24,018
Apr 20082090110.3110.45$23,055
Mar 20082100101.909.66$21,399
Feb 2008198092.538.77$18,321
Jan 2008212090.388.21$19,161
Dec 2007214088.337.30$18,903
Nov 2007214091.677.29$19,617
Oct 2007319082.856.92$26,429
Sep 2007106075.846.24$8,039
Aug 2007208069.066.39$14,364
Jul 2007317070.906.39$22,475
Jun 2007106062.007.55$6,572
May 2007286058.747.85$16,800
Apr 2007217059.617.81$12,935
Mar 2007214056.927.30$12,181
Feb 2007210055.108.22$11,571
Jan 2007213050.306.73$10,714
Dec 2006211056.656.92$11,953
Nov 2006208054.207.62$11,274
Oct 2006197054.906.01$10,815
Sep 2006208060.085.04$12,497
Aug 2006205068.717.34$14,086
Jul 2006206069.376.34$14,290
Jun 2006208066.286.38$13,786
May 2006189066.016.42$12,476
Apr 2006205064.397.36$13,200
Mar 2006205056.707.08$11,624
Feb 2006316057.597.75$18,198
Jan 2006314060.598.93$19,025
Dec 2005205054.9413.42$11,263
Nov 2005185054.6910.59$10,118
Oct 2005307058.3413.80$17,910
Sep 2005207061.4512.08$12,720
Aug 2005309061.519.80$19,007
Jul 2005104055.697.84$5,792
Jun 2005320052.337.38$16,746
May 2005208045.226.65$9,406
Apr 2005196049.207.36$9,643
Mar 2005316050.377.15$15,917
Feb 2005326045.226.31$14,742
Jan 2005326043.166.32$14,070
Dec 2004220039.866.75$8,769
Nov 2004218045.286.33$9,871
Oct 2004328049.706.52$16,302
Sep 2004328043.245.28$14,183
Aug 2004214042.375.55$9,067
Jul 2004218038.286.08$8,345
Jun 2004319036.106.43$11,516
May 2004212037.486.49$7,946
Apr 2004280034.475.86$9,652
Mar 2004325034.365.53$11,167
Feb 2004208032.455.51$6,750
Jan 2004305032.036.30$9,769
Dec 2003322030.266.30$9,744
Nov 2003316028.804.60$9,101
Oct 2003311028.174.76$8,761
Sep 2003324026.314.75$8,524
Aug 2003322029.765.13$9,583
Jul 2003320029.415.17$9,411
Jun 2003322028.565.98$9,196
May 2003282026.595.97$7,498
Apr 2003134026.675.41$3,574
Mar 2003346031.146.10$10,774
Feb 2003331033.487.93$11,082
Jan 2003346030.315.58$10,487
Dec 2002344026.914.85$9,257
Nov 2002453024.664.14$11,171
Oct 2002406026.464.23$10,743
Sep 2002495127.443.64$13,586
Aug 2002367025.963.16$9,527
Jul 2002347024.583.06$8,529
Jun 2002396123.733.34$9,400
May 2002390124.663.58$9,621
Apr 2002401123.653.51$9,487
Mar 2002260122.003.10$5,723
Feb 2002500118.222.38$9,112
Jan 2002214117.172.38$3,677
Dec 2001334116.932.36$5,657
Nov 2001328118.072.41$5,929
Oct 2001308119.782.53$6,095
Sep 200185124.262.25$2,064
Aug 2001255124.873.05$6,345
Jul 2001181123.933.20$4,335
Jun 2001273124.563.82$6,709
May 2001317125.524.31$8,094
Apr 2001525124.685.34$12,962
Mar 2001313124.545.38$7,686
Feb 2001104127.755.77$2,892
Jan 2001205127.478.40$5,640
Dec 2000319126.889.12$8,584
Nov 2000298132.215.66$9,604
Oct 2000210131.235.15$6,563
Sep 2000305131.875.19$9,726
Aug 2000298129.644.54$8,837
Jul 2000304128.534.09$8,677
Jun 2000127129.304.40$3,726
May 2000310127.263.68$8,454
Apr 2000428124.513.12$10,493
Mar 2000325128.422.86$9,239
Feb 2000113127.622.73$3,124
Jan 2000337125.272.48$8,518
Dec 1999220124.282.42$5,344
Nov 1999326123.192.43$7,562
Oct 1999519120.982.80$10,891
Sep 1999237121.752.62$5,157
Aug 1999235119.262.88$4,529
Jul 1999588117.892.37$10,522
Jun 1999257115.942.36$4,099
May 1999447115.792.32$7,060
Apr 1999535115.102.21$8,081
Mar 1999280112.471.84$3,493
Feb 199947619.981.82$4,752
Jan 1999440110.381.90$4,569
Dec 199843119.201.77$3,967
Nov 1998136110.892.19$1,483
Oct 1998397112.421.97$4,933
Sep 1998370112.592.08$4,660
Aug 1998364111.301.91$4,115
Jul 1998479111.742.24$5,626
Jun 1998235111.242.24$2,644
May 1998436112.622.21$5,505
Apr 1998387113.042.51$5,049
Mar 1998257112.802.31$3,292
Feb 1998549113.952.30$7,661
Jan 1998396114.702.15$5,823
Dec 1997312116.322.41$5,094
Nov 1997354118.193.09$6,442
Oct 1997453119.253.15$8,723
Sep 1997594117.742.95$10,541
Aug 1997213117.862.55$3,807
Jul 1997282117.582.25$4,960
Jun 1997533117.242.26$9,191
May 1997273118.972.31$5,181
Apr 1997276117.882.08$4,937
Mar 1997772118.951.94$14,631
Feb 19970120.492.21$2
Jan 1997567123.483.54$13,317
Dec 1996269123.32$6,273
Nov 1996308121.97$6,767
Oct 1996611123.31$14,242
Sep 1996556122.22$12,354
Aug 1996234120.26$4,741
Jul 1996408119.55$7,976
Jun 1996615118.73$11,519
May 1996404119.43$7,850
Apr 1996254121.51$5,464
Mar 1996312119.38$6,047
Feb 1996581116.98$9,865
Jan 1996323117.07$5,514
Dec 1995633117.19$10,881
Nov 1995319116.00$5,104
Oct 1995522115.43$8,054
Sep 1995315116.18$5,097
Aug 1995595115.92$9,472
Jul 1995395115.24$6,020
Jun 1995659116.41$10,814
May 1995299117.56$5,250
Apr 1995744117.73$13,191
Mar 1995410116.44$6,740
Feb 1995336116.58$5,571
Jan 1995687115.92$10,937
Dec 1994323115.03$4,855
Nov 1994611115.90$9,715
Oct 1994350115.58$5,453
Sep 1994646115.29$9,877
Aug 1994708116.13$11,420
Jul 19940117.56$0
Jun 1994654117.09$11,177
May 1994690115.88$10,957
Apr 1994666114.14$9,417
Mar 1994613112.46$7,638
Feb 1994268112.50$3,350
Jan 1994302112.66$3,823
Dec 1993632112.33$7,793
Nov 1993351114.49$5,086
Oct 1993630115.85$9,986
Sep 1993324115.03$4,870
Aug 1993996115.66$15,597
Jul 1993307115.46$4,746
Jun 1993297116.79$4,987
May 1993555117.68$9,812
Apr 1993300118.05$5,415
Mar 1993585118.14$10,612
Feb 1993298117.90$5,334
Jan 1993565116.93$9,565

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.

May 2026 — as filed, then multipliedworked
Oil                  125 bbl  × $106.41 =    $13,301
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $13,301

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. 8A/O/18492 is the state's own key, not one this site invented.