WALLACE
WALLACE is a Texas oil lease in Kent County, Railroad Commission district 8A, operated by Gaea Services, Inc. It has 5 wellbores on file with the Commission. Reported production runs from August 2001 to August 2026, totalling 204,628 barrels. 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 $19K, with roughly $4K expected over the next twelve months.
| Operator | Gaea Services, Inc. |
|---|---|
| Field | Clairemont, North (Strawn Sd.) |
| County | Kent County, Texas |
| RRC district | 8A |
| Lease number | 68381 |
| Wellbores | 5 |
| Reported production | 204,628 bbl |
| First reported | August 2001 |
| Last reported | August 2026 |
| Estimated royalty value | $19K |
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.