Texas oil lease
ProducingWALLACE
Wallace is an oil lease in Kent County, Texas, operated by Crossroads Operating, LLC in the Clairemont, North (Strawn SD.) field.
5 wells
- Operator
- Crossroads Operating, LLC
- County
- Kent County
- RRC lease
- 8A-68381
Is your check right?
Where it sits
This county
- Oil in Jul 2026
- 125 bbl
- Reporting since
- Jan 2020
Production by month
Oil output fell 13% over the last 12 months
- Oil (bars)
- Last 12 months
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Where the gas went
No gas disposition reported for this lease
Who has run this lease
The operator changed 2 times, most recently in Feb 2026
- Crossroads Operating, LLC Feb 2026 to now
- Yates Industries, LLC Oct 2021 to Jan 2026
- Gaea Services, Inc. Jan 2020 to Sep 2021
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
5 wells on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-263-31684 | 1 | Active |
| 42-263-31692 | 2 | Shut-in |
| 42-263-31713 | 3 | Active |
| 42-263-31733 | 4R | Active |
| 42-263-31739 | 5 | Active |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From | Until |
|---|---|---|---|---|---|
| Energy Transfer Marketing & Term | Oil | Gathers | 100 | Dec 1, 2022 | – |
| Sunoco Ptnrs. Mktg.&terminals LP | Oil | Gathers | 100 | Apr 1, 2002 | Dec 1, 2022 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
1,862.29 acres on the newest permit
The wells on this lease state different acreage
The permits state between 1,200 and 1,862.29 acres.
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-263-31739 | 5 | Jul 2, 2004 | Dec 4, 2004 | 1,862.29 |
| 42-263-31733 | 4R | Nov 6, 2003 | Mar 30, 2004 | 1,862 |
| 42-263-31713 | 3 | Sep 26, 2002 | Jan 14, 2003 | 1,862.29 |
| 42-263-31692 | 2 | Nov 5, 2001 | Jun 10, 2002 | 1,862 |
| 42-263-31684 | 1 | Feb 8, 2001 | Jun 4, 2001 | 1,200 |
Estimate your royalty
36 months, newest first
| Month | Oil producedbbl | Oil soldbbl | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|
| Jul 2026Crossroads Operating, | 125 | 173 | $80.46 | $2.89 |
| Jun 2026Crossroads Operating, | 199 | 171 | $84.81 | $3.15 |
| May 2026Crossroads Operating, | 173 | 161 | $102.13 | $2.94 |
| Apr 2026Crossroads Operating, | 159 | 167 | $100.32 | $2.77 |
| Mar 2026Crossroads Operating, | 211 | 165 | $91.38 | $3.04 |
| Feb 2026Crossroads Operating, | 216 | 180 | $64.51 | $3.62 |
| Jan 2026Yates Industries, | 192 | 167 | $60.04 | $7.72 |
| Dec 2025Yates Industries, | 236 | 246 | $57.97 | $4.26 |
| Nov 2025Yates Industries, | 200 | 171 | $60.06 | $3.79 |
| Oct 2025Yates Industries, | 209 | 234 | $60.89 | $3.19 |
| Sep 2025Yates Industries, | 209 | 225 | $63.96 | $2.97 |
| Aug 2025Yates Industries, | 206 | 166 | $64.86 | $2.91 |
| Jul 2025Yates Industries, | 216 | 241 | $68.39 | $3.20 |
| Jun 2025Yates Industries, | 199 | 274 | $68.17 | $3.02 |
| May 2025Yates Industries, | 211 | 181 | $62.17 | $3.12 |
| Apr 2025Yates Industries, | 214 | 150 | $63.54 | $3.42 |
| Mar 2025Yates Industries, | 230 | 243 | $68.24 | $4.12 |
| Feb 2025Yates Industries, | 188 | 227 | $71.53 | $4.19 |
| Jan 2025Yates Industries, | 247 | 305 | $75.74 | $4.13 |
| Dec 2024Yates Industries, | 238 | 163 | $70.12 | $3.01 |
| Nov 2024Yates Industries, | 229 | 184 | $69.95 | $2.12 |
| Oct 2024Yates Industries, | 238 | 248 | $71.99 | $2.20 |
| Sep 2024Yates Industries, | 238 | 233 | $70.24 | $2.28 |
| Aug 2024Yates Industries, | 232 | 247 | $76.68 | $1.99 |
| Jul 2024Yates Industries, | 250 | 242 | $81.80 | $2.07 |
| Jun 2024Yates Industries, | 249 | 336 | $79.77 | $2.54 |
| May 2024Yates Industries, | 311 | 361 | $80.02 | $2.12 |
| Apr 2024Yates Industries, | 243 | 178 | $85.35 | $1.60 |
| Mar 2024Yates Industries, | 239 | 291 | $81.28 | $1.49 |
| Feb 2024Yates Industries, | 223 | 181 | $77.25 | $1.72 |
| Jan 2024Yates Industries, | 163 | 114 | $74.15 | $3.18 |
| Dec 2023Yates Industries, | 250 | 332 | $71.90 | $2.52 |
| Nov 2023Yates Industries, | 239 | 351 | $77.69 | $2.71 |
| Oct 2023Yates Industries, | 244 | 169 | $85.64 | $2.98 |
| Sep 2023Yates Industries, | 243 | 178 | $89.43 | $2.64 |
| Aug 2023Yates Industries, | 250 | 360 | $81.39 | $2.58 |
SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.
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Nearby
This lease belongs to
Crossroads Operating, LLC in Kent County
- FULLER, P. L. NCT-3
2,634 bbl
- WALLACE, BERT
2,093 bbl
- WALLACE, BERT 59
1,944 bbl
- WALLACE -A-
1,740 bbl
- WALLACE -B-
995 bbl
Clairemont, North (Strawn SD.) field
- WALLACE -A-
1,740 bbl
- WALLACE -B-
995 bbl
Leases within 10 km
- WALLACE -B-
995 bbl · 0.7 km
- WALLACE -A-
1,740 bbl · 0.9 km
- KRONOS "2A"
7,280 bbl · 1 km
- KRONOS
8,148 bbl · 1.3 km
- WALLACE RANCH "B"
1,365 bbl · 2.4 km
- WALLACE RANCH "A"
0 bbl · 2.8 km
- WALLACE
2,985 bbl · 3.2 km
- WALLACE, BILBY
436 bbl · 3.5 km
- KRONOS 45
0 bbl · 3.7 km
- CHISUM, ROY R.
0 bbl · 3.8 km
Drilling permits within 10 km
MOLLY #3501
new drill · Canan Mowrey Operating, LLC · Kent County · 4.4 km
Permit 0915311 · May 7, 2026
BRYNN #2101
new drill · Canan Mowrey Operating, LLC · Kent County · 2.8 km
Permit 0915204 · Apr 29, 2026