WALLACE UNIT
WALLACE UNIT is a Texas gas lease in Panola County, Railroad Commission district 06, operated by Devon Energy Production Co, L.P. It has 1 wellbore on file with the Commission. Reported production runs from October 2011 to August 2026, totalling 4,842,380 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 a standard royalty share at about $155K, with roughly $23K expected over the next twelve months.
| Operator | Devon Energy Production Co, L.P. |
|---|---|
| Field | Bethany, East (Cotton Valley) |
| County | Panola County, Texas |
| RRC district | 06 |
| Lease number | 265571 |
| Wellbores | 1 |
| Reported production | 4,842,380 mcf |
| First reported | October 2011 |
| Last reported | August 2026 |
| Estimated royalty value | $155K |
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.