WALLACE, W. H.
WALLACE, W. H. is a Texas gas lease in Nueces County, Railroad Commission district 04, operated by Devon Energy Production Co, L.P. It has 1 wellbore on file with the Commission. Reported production runs from July 2007 to August 2026, totalling 469,555 thousand cubic feet. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $477K, with roughly $72K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 3,041 thousand cubic feet a month. Its strongest month on the record we hold was June 2021, at 6,180 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about WALLACE, W. H.
- Who operates WALLACE, W. H.?
- WALLACE, W. H. is operated by Devon Energy Production Co, L.P., Railroad Commission of Texas operator number 216378.
- Where is WALLACE, W. H.?
- WALLACE, W. H. is a Texas gas lease in Nueces County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 232944.
- Is WALLACE, W. H. still producing?
- WALLACE, W. H. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WALLACE, W. H. is August 2026.
- How much has WALLACE, W. H. produced?
- WALLACE, W. H. has reported 469,555 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between July 2007 and August 2026, from 1 wellbore.
- How much is WALLACE, W. H. worth?
- The remaining production from WALLACE, W. H. is estimated to be worth about $477K in total as of 27 August 2026, within a range of $396K to $559K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WALLACE, W. H. is a fraction of it. The estimate fits an Arps decline curve to the production WALLACE, W. H. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WALLACE, W. H. is an estimate of value, not an offer and not an appraisal.
- How much income does WALLACE, W. H. generate in a year?
- WALLACE, W. H. is forecast to net about $72K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in WALLACE, W. H. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Devon Energy Production Co, L.P. |
|---|---|
| Field | Agua Dulce (Consolidated Frio) |
| County | Nueces County, Texas |
| RRC district | 04 |
| Lease number | 232944 |
| Wellbores | 1 |
| Reported production | 469,555 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $477K |
Where WALLACE, W. H. sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.