WALLACE "60"

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 18816District 8AField 28240500OilCasinghead gasSaveExport
Value, all time
$2.4 M
Jan 1993 – May 2026
Value, last 12 filed months
$61 k
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
oil, casinghead 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 leases and 12 wells, and the rule below applies to all of them.

Discovered
1964-04-30
as the register files it
Field class
Oil
the register's own label
Between wells
1,320 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 80 acres.

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
OilDisposition53,795 bbl$2,430,067
Casinghead gasProduction115 Mcf$208
Total$2,430,276

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 (2)

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 33.0292, -100.7877. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

33.02918, -100.78767 · 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
50.0%
1 of 2 wells
With a plug date
50.0%
1 of 2 wells
Median depth
6,602 ft
2 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
150.0%
A plug date is filed
150.0%
BothOn the schedule and plugged. Neither fact cancels the other.
150.0%
NeitherNo plug date, and not on the schedule.
150.0%

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 6,291 and 6,913 ft, median 6,602 ft, over the 2 wells that filed a depth.

Completions filed
May 1980
1 of 2 wells; 1 filed none
Plug dates filed
Oct 1986
1 of 2 wells; 1 filed none

2 wells

42-263100241B6,291 ftOct 1986Yes
42-263306442B6,913 ftMay 1980

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 2026530106.413.05$5,640
Apr 202651098.932.87$5,045
Mar 202691089.753.15$8,167
Feb 202655063.503.75$3,493
Jan 202654059.138.00$3,193
Dec 202550056.664.41$2,833
Nov 202553058.593.93$3,105
Oct 202565059.383.30$3,860
Sep 202598062.743.08$6,149
Aug 2025192063.933.01$12,275
Jul 2025103066.743.32$6,874
Jun 20250066.483.13$0
May 202550060.553.23$3,028
Apr 202550062.363.54$3,118
Mar 202554067.704.27$3,656
Feb 202596070.884.34$6,804
Jan 202555074.324.28$4,088
Dec 202498068.993.12$6,761
Nov 20240069.052.20$0
Oct 2024101071.372.28$7,208
Sep 202454069.612.36$3,759
Aug 2024103075.632.06$7,790
Jul 202471079.932.15$5,675
Jun 202450078.082.63$3,904
May 2024107078.812.20$8,433
Apr 20240084.451.66$0
Mar 2024105080.301.55$8,432
Feb 202454076.091.78$4,109
Jan 202495073.023.30$6,937
Dec 202355071.262.61$3,919
Nov 2023110077.892.81$8,568
Oct 202355085.443.09$4,699
Sep 202353089.042.74$4,719
Aug 2023107080.522.67$8,616
Jul 2023109074.852.64$8,159
Jun 2023112068.962.26$7,724
May 20230070.622.23$0
Apr 202352078.122.24$4,062
Mar 2023108072.852.39$7,868
Feb 202357075.112.47$4,281
Jan 2023108076.533.39$8,265
Dec 20220076.415.73$0
Nov 2022160085.005.65$13,600
Oct 20220087.185.86$0
Sep 2022100084.888.16$8,488
Aug 202251094.529.13$4,821
Jul 2022500101.587.54$5,079
Jun 20221020115.097.98$11,739
May 2022500109.378.43$5,469
Apr 2022490104.226.84$5,107
Mar 2022500108.885.08$5,444
Feb 2022100091.054.86$9,105
Jan 202239081.844.54$3,192
Dec 202150071.323.90$3,566
Nov 202194077.435.24$7,278
Oct 202197079.795.71$7,740
Sep 202151069.865.35$3,563
Aug 202147066.024.22$3,103
Jul 202148070.783.98$3,397
Jun 202195069.493.38$6,602
May 202148063.483.02$3,047
Apr 202149060.362.76$2,958
Mar 202149061.302.72$3,004
Feb 202149057.805.55$2,832
Jan 202147050.412.81$2,369
Dec 202056044.642.68$2,500
Nov 202051038.772.71$1,977
Oct 202095036.972.48$3,512
Sep 202049037.091.99$1,817
Aug 2020101039.982.39$4,038
Jul 202051038.371.83$1,957
Jun 202098034.901.69$3,420
May 202066016.921.81$1,117
Apr 2020162014.751.80$2,390
Mar 202096030.341.86$2,913
Feb 202012049.881.98$599
Jan 2020138057.252.09$7,901
Dec 2019134059.012.30$7,907
Nov 20190055.302.75$0
Oct 2019130053.472.42$6,951
Sep 201970055.052.66$3,854
Aug 2019150053.112.30$7,967
Jul 201969056.272.46$3,883
Jun 2019189052.782.49$9,975
May 201969058.482.74$4,035
Apr 2019154062.632.75$9,645
Mar 2019101056.803.06$5,737
Feb 201994050.852.79$4,780
Jan 20190046.033.23$0
Dec 2018138046.594.19$6,429
Nov 201870052.934.24$3,705
Oct 201870061.443.40$4,301
Sep 201869059.543.11$4,108
Aug 2018140059.403.07$8,316
Jul 2018140065.142.93$9,120
Jun 201866060.183.08$3,972
May 2018137065.382.90$8,957
Apr 201870063.842.90$4,469
Mar 2018140061.222.79$8,571
Feb 201870061.782.77$4,325
Jan 2018140062.874.01$8,802
Dec 201766057.272.92$3,780
Nov 2017142055.423.12$7,870
Oct 2017139049.292.98$6,851
Sep 201769047.523.09$3,279
Aug 2017138045.373.00$6,261
Jul 201767043.873.09$2,939
Jun 2017137042.493.09$5,821
May 2017139045.373.26$6,306
Apr 20170047.933.21$0
Mar 2017139046.772.98$6,501
Feb 201768050.452.95$3,431
Jan 201770049.413.42$3,459
Dec 2016143048.763.72$6,973
Nov 201674042.492.64$3,144
Oct 2016140046.193.09$6,467
Sep 201670041.553.10$2,909
Aug 201670041.442.92$2,901
Jul 2016142041.622.92$5,910
Jun 2016141045.352.69$6,394
May 201673042.521.99$3,104
Apr 2016141036.561.99$5,155
Mar 201686033.011.79$2,839
Feb 2016143026.472.06$3,785
Jan 2016143027.352.36$3,911
Dec 201572032.362.00$2,330
Nov 201571038.792.17$2,754
Oct 201567043.552.43$2,918
Sep 2015138042.992.76$5,933
Aug 201572040.162.87$2,892
Jul 201566048.152.95$3,178
Jun 201568056.152.88$3,818
May 201571055.212.96$3,920
Apr 2015142049.822.71$7,074
Mar 201569042.892.93$2,959
Feb 201572044.662.98$3,216
Jan 201570043.433.10$3,040
Dec 2014142054.693.59$7,766
Nov 2014143070.464.25$10,076
Oct 2014143078.303.90$11,197
Sep 201470086.164.05$6,031
Aug 2014141089.394.04$12,604
Jul 201474096.564.18$7,145
Jun 2014145098.164.74$14,233
May 2014140094.734.73$13,262
Apr 201469095.944.81$6,620
Mar 2014143095.895.06$13,712
Feb 2014140097.406.19$13,636
Jan 201474090.404.86$6,690
Dec 2013138091.824.35$12,671
Nov 2013134088.853.74$11,906
Oct 201367097.423.78$6,527
Sep 2013670104.113.72$6,975
Aug 20131370104.253.52$14,282
Jul 2013750102.523.72$7,689
Jun 2013143094.403.93$13,499
May 2013137094.834.15$12,992
Apr 201367093.964.28$6,295
Mar 2013139093.623.91$13,013
Feb 2013140091.233.42$12,772
Jan 201389091.603.42$8,152
Dec 2012128086.773.42$11,107
Nov 2012154086.953.62$13,390
Oct 201277089.383.40$6,882
Sep 201268094.672.92$6,438
Aug 2012152092.662.91$14,084
Jul 201273085.133.02$6,214
Jun 2012139079.822.52$11,095
May 201275091.612.49$6,871
Apr 20121400101.652.00$14,231
Mar 20121500105.052.22$15,758
Feb 2012770101.102.57$7,785
Jan 201272098.092.73$7,062
Dec 201168096.873.24$6,587
Nov 2011130095.723.31$12,444
Oct 2011138084.983.65$11,727
Sep 2011144083.623.99$12,041
Aug 2011186083.404.15$15,512
Jul 201168094.144.52$6,402
Jun 2011142092.904.64$13,192
May 2011150098.134.40$14,720
Apr 2011700105.964.33$7,417
Mar 2011141096.364.06$13,587
Feb 201172085.644.18$6,166
Jan 201174086.504.59$6,401
Dec 2010144085.734.35$12,345
Nov 2010145080.843.80$11,722
Oct 2010144078.103.51$11,246
Sep 2010205072.633.98$14,889
Aug 201068073.684.42$5,010
Jul 2010137072.554.74$9,939
Jun 201071070.364.91$4,996
May 2010141071.124.24$10,028
Apr 201071081.694.12$5,800
Mar 2010215078.394.39$16,854
Feb 20100073.585.44$0
Jan 2010146074.365.96$10,857
Dec 2009142071.445.48$10,144
Nov 2009140074.593.75$10,443
Oct 200969072.544.11$5,005
Sep 2009140065.543.06$9,176
Aug 200969067.423.22$4,652
Jul 2009282061.133.46$17,239
Jun 200972066.163.90$4,764
May 200968054.743.93$3,722
Apr 200969046.773.59$3,227
Mar 2009138042.144.06$5,815
Feb 2009135032.814.63$4,429
Jan 2009138035.865.37$4,949
Dec 2008134037.105.98$4,971
Nov 2008134055.496.86$7,436
Oct 2008131075.246.92$9,856
Sep 2008660101.767.88$6,716
Aug 20082060114.228.48$23,529
Jul 2008640131.0811.39$8,389
Jun 20081360131.3313.03$17,861
May 20081300123.1711.57$16,012
Apr 20081400110.3110.45$15,443
Mar 20081400101.909.66$14,266
Feb 2008132092.538.77$12,214
Jan 2008141090.388.21$12,744
Dec 2007143088.337.30$12,631
Nov 2007142091.677.29$13,017
Oct 2007213082.856.92$17,647
Sep 200771075.846.24$5,385
Aug 2007138069.066.39$9,530
Jul 2007211070.906.39$14,960
Jun 200770062.007.55$4,340
May 2007191058.747.85$11,219
Apr 2007144059.617.81$8,584
Mar 2007142056.927.30$8,083
Feb 2007140055.108.22$7,714
Jan 2007142050.306.73$7,143
Dec 2006141056.656.92$7,988
Nov 2006139054.207.62$7,534
Oct 2006131054.906.01$7,192
Sep 2006139060.085.04$8,351
Aug 2006137068.717.34$9,413
Jul 2006137069.376.34$9,504
Jun 2006138066.286.38$9,147
May 2006126066.016.42$8,317
Apr 2006136064.397.36$8,757
Mar 2006137056.707.08$7,768
Feb 2006211057.597.75$12,151
Jan 2006209060.598.93$12,663
Dec 2005137054.9413.42$7,527
Nov 2005123054.6910.59$6,727
Oct 2005204058.3413.80$11,901
Sep 2005138061.4512.08$8,480
Aug 2005206061.519.80$12,671
Jul 200570055.697.84$3,898
Jun 2005214052.337.38$11,199
May 2005139045.226.65$6,286
Apr 2005130049.207.36$6,396
Mar 2005210050.377.15$10,578
Feb 2005218045.226.31$9,858
Jan 2005217043.166.32$9,366
Dec 2004147039.866.75$5,859
Nov 2004145045.286.33$6,566
Oct 2004219049.706.52$10,884
Sep 2004219043.245.28$9,470
Aug 2004143042.375.55$6,059
Jul 2004145038.286.08$5,551
Jun 2004213036.106.43$7,689
May 2004141037.486.49$5,285
Apr 2004186034.475.86$6,411
Mar 2004216034.365.53$7,422
Feb 2004139032.455.51$4,511
Jan 2004203032.036.30$6,502
Dec 2003214030.266.30$6,476
Nov 2003211028.804.60$6,077
Oct 2003208028.174.76$5,859
Sep 2003216026.314.75$5,683
Aug 2003215029.765.13$6,398
Jul 2003213029.415.17$6,264
Jun 2003214028.565.98$6,112
May 2003422026.595.97$11,221
Apr 2003200026.675.41$5,334
Mar 2003194031.146.10$6,041
Feb 2003186033.487.93$6,227
Jan 2003195030.315.58$5,910
Dec 2002194026.914.85$5,221
Nov 2002255024.664.14$6,288
Oct 2002135026.464.23$3,572
Sep 2002192127.443.64$5,272
Aug 2002129025.963.16$3,349
Jul 2002148024.583.06$3,638
Jun 2002139123.733.34$3,302
May 2002139124.663.58$3,431
Apr 2002140123.653.51$3,315
Mar 200297122.003.10$2,137
Feb 2002220118.222.38$4,011
Jan 2002138117.172.38$2,372
Dec 2001215116.932.36$3,642
Nov 2001214118.072.41$3,869
Oct 2001228119.782.53$4,512
Sep 200180124.262.25$1,943
Aug 2001259124.873.05$6,444
Jul 2001168123.933.20$4,023
Jun 2001240124.563.82$5,898
May 2001204125.524.31$5,210
Apr 2001340124.685.34$8,397
Mar 2001206124.545.38$5,061
Feb 200170127.755.77$1,948
Jan 2001143127.478.40$3,937
Dec 2000208126.889.12$5,600
Nov 2000219132.215.66$7,060
Oct 2000153131.235.15$4,783
Sep 2000231131.875.19$7,367
Aug 2000234129.644.54$6,940
Jul 2000222128.534.09$6,338
Jun 2000101129.304.40$2,964
May 2000212127.263.68$5,783
Apr 2000280124.513.12$6,866
Mar 2000185128.422.86$5,261
Feb 200072127.622.73$1,991
Jan 2000205125.272.48$5,183
Dec 1999141124.282.42$3,426
Nov 1999200123.192.43$4,640
Oct 1999219120.982.80$4,597
Sep 1999138121.752.62$3,004
Aug 1999132119.262.88$2,545
Jul 1999336117.892.37$6,013
Jun 199996115.942.36$1,533
May 1999111115.792.32$1,755
Apr 1999205115.102.21$3,098
Mar 1999108112.471.84$1,349
Feb 199911619.981.82$1,160
Jan 199997110.381.90$1,009
Dec 199814419.201.77$1,327
Nov 199851110.892.19$558
Oct 1998128112.421.97$1,592
Sep 1998132112.592.08$1,664
Aug 1998140111.301.91$1,584
Jul 1998195111.742.24$2,292
Jun 1998101111.242.24$1,137
May 1998241112.622.21$3,044
Apr 1998300113.042.51$3,915
Mar 1998257112.802.31$3,292
Feb 1998140113.952.30$1,955
Jan 1998253114.702.15$3,721
Dec 1997191116.322.41$3,120
Nov 1997140118.193.09$2,550
Oct 1997204119.253.15$3,930
Sep 1997234117.742.95$4,154
Aug 1997111117.862.55$1,985
Jul 1997167117.582.25$2,938
Jun 1997348117.242.26$6,002
May 1997183118.972.31$3,474
Apr 1997173117.882.08$3,095
Mar 1997420118.951.94$7,961
Feb 19970120.492.21$2
Jan 1997325123.483.54$7,635
Dec 1996167123.32$3,894
Nov 1996141121.97$3,098
Oct 1996311123.31$7,249
Sep 1996326122.22$7,244
Aug 1996130120.26$2,634
Jul 199642119.55$821
Jun 1996236118.73$4,420
May 1996155119.43$3,012
Apr 1996126121.51$2,710
Mar 1996155119.38$3,004
Feb 1996276116.98$4,686
Jan 1996154117.07$2,629
Dec 1995267117.19$4,590
Nov 1995157116.00$2,512
Oct 1995223115.43$3,441
Sep 1995150116.18$2,427
Aug 1995267115.92$4,251
Jul 1995154115.24$2,347
Jun 1995227116.41$3,725
May 1995101117.56$1,774
Apr 1995230117.73$4,078
Mar 1995132116.44$2,170
Feb 1995108116.58$1,791
Jan 1995191115.92$3,041
Dec 1994103115.03$1,548
Nov 1994225115.90$3,578
Oct 1994121115.58$1,885
Sep 1994210115.29$3,211
Aug 1994227116.13$3,662
Jul 19940117.56$0
Jun 1994217117.09$3,709
May 1994224115.88$3,557
Apr 1994252114.14$3,563
Mar 1994301112.46$3,750
Feb 1994152112.50$1,900
Jan 1994133112.66$1,684
Dec 1993241112.33$2,972
Nov 1993125114.49$1,811
Oct 1993274115.85$4,343
Sep 1993124115.03$1,864
Aug 1993390115.66$6,107
Jul 1993133115.46$2,056
Jun 1993169116.79$2,838
May 1993271117.68$4,791
Apr 1993137118.05$2,473
Mar 1993268118.14$4,862
Feb 1993156117.90$2,792
Jan 1993226116.93$3,826

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                   53 bbl  × $106.41 =     $5,640
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                   $5,640

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/18816 is the state's own key, not one this site invented.