42-429-35598

NO PRODUCTION

SPEAR

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

RRC Lookup

Permits

Max Depth

3,400 ft

First Permit

1996-11-04

Latest Activity

1996-11-04

Lifespan

< 1 yr

Regulatory Status

Schedule

ON SCHEDULE

Completion

1996-11-21

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 (1)

#453476 Drill Final Completion

SPEAR · 3,400 ft

1996-11-04

Spud 1996-11-08

Permit Applications (1)

#453476 A STATEX PETROLEUM INC.

received 1996-10-04

Well Details

Well Number: 5
Max Depth: 3,400 ft
Drill Type: Vertical
County: STEPHENS
District: 7
Operator: WALLACE OPERATING COMPANY LLC
Completed: 1996-11-21

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 →