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SPEAR

STEPHENS County · District 7 · WALLACE OPERATING COMPANY LLC · STEPHENS COUNTY REGULAR

RRC Lookup

Permits

Max Depth

3,500 ft

First Permit

1980-08-08

Latest Activity

1995-06-21

Lifespan

15 yrs

Regulatory Status

Schedule

ON SCHEDULE

Completion

1995-08-25

Shut-In

—

Plugged

—

P-5 Org Status: Delinquent

EWA / Production operator mismatch

Scheduling: WALLACE OPERATING COMPANY LLC ≠ Production: TEAM OPERATING, L.L.C. (reported 2024-12)

EWA / Permit operator mismatch

Scheduling: WALLACE OPERATING COMPANY LLC ≠ Permit: STATEX PETROLEUM INC.

Resolved via: scheduling → WALLACE OPERATING COMPANY LLC

Production Summary

Cum Oil

— bbl

Cum Gas

— mcf

First Production

1995-06

Last Production

2026-03

Operator History

Chain of Custody

STATEX PETROLEUM INC. 1995-2000→ STATEX OPERATING, LLC 2000-2007→ BASELINE OIL & GAS CORP. 2007-2010→ LAYLINE PETROLEUM I, LLC 2010-2013→ WAPITI OPERATING, LLC 2013-2015→ CLEARLY PETROLEUM, LLC 2015-2020→ GTG OPERATING, LLC 2020-2024→ TEAM OPERATING, L.L.C. 2024-2024

Lease Production

Production is reported at the lease level. View production data, decline curves, and history on the lease page.

Oil

production & DCA →

Permit History (2)

#436947 Reenter Final Completion

SPEAR · 3,335 ft

1995-06-21

Spud 1995-08-21

#89226 Drill Final Completion

SPEAR · 3,500 ft

1980-08-08

Permit Applications (2)

#436947 A STATEX PETROLEUM INC.

received 1995-06-16

#89226 A CLARK, LESTER

received 1980-08-08

Well Details

Well Number: 2WI
Max Depth: 3,500 ft
Drill Type: Vertical
County: STEPHENS
District: 7
Operator: WALLACE OPERATING COMPANY LLC
Completed: 1995-08-25

Operator

Name: WALLACE OPERATING COMPANY LLC
Location: METAIRIE
P-5 Status: Y (filed 2025-09-04)
Cum Oil (all leases): — bbl
Cum Gas (all leases): 133 mcf
Activities: OPRS/G, OPRS/O

External Links

RRC Wellbore Query →