WALLACE, J GAS UNIT
WALLACE, J GAS UNIT is a Texas gas lease in Rusk County, Railroad Commission district 06, operated by C. W. Resources, Inc. It has 1 wellbore on file with the Commission. Reported production runs from May 1998 to August 2026, totalling 244,955 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 $11K, with roughly $1K 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 56 thousand cubic feet a month. Its strongest month on the record we hold was October 2017, at 311 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 45% 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, J GAS UNIT
- Who operates WALLACE, J GAS UNIT?
- WALLACE, J GAS UNIT is operated by C. W. Resources, Inc., Railroad Commission of Texas operator number 121085.
- Where is WALLACE, J GAS UNIT?
- WALLACE, J GAS UNIT is a Texas gas lease in Rusk County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 169071.
- Is WALLACE, J GAS UNIT still producing?
- WALLACE, J GAS UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WALLACE, J GAS UNIT is August 2026.
- How much has WALLACE, J GAS UNIT produced?
- WALLACE, J GAS UNIT has reported 244,955 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between May 1998 and August 2026, from 1 wellbore.
- How much is WALLACE, J GAS UNIT worth?
- The remaining production from WALLACE, J GAS UNIT is estimated to be worth about $11K in total as of 27 August 2026, within a range of $6K to $17K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WALLACE, J GAS UNIT is a fraction of it. The estimate fits an Arps decline curve to the production WALLACE, J GAS UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WALLACE, J GAS UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does WALLACE, J GAS UNIT generate in a year?
- WALLACE, J GAS UNIT is forecast to net about $1K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in WALLACE, J GAS UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | C. W. Resources, Inc. |
|---|---|
| Field | Pod(Cotton Valley) |
| County | Rusk County, Texas |
| RRC district | 06 |
| Lease number | 169071 |
| Wellbores | 1 |
| Reported production | 244,955 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $11K |
Where WALLACE, J GAS UNIT 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.