Skip to content
Royalty Clerk

Texas gas well

Producing

CAPPS GAS UNIT

Capps Gas Unit is a gas well in Panola County, Texas, operated by Diversified Production LLC in the Carthage (Cotton Valley) field.

1 well

21,886mcf gas, last 12 months+258% vs prior year
RRC lease
06-218962

Is your check right?

Check my statement

Where it sits

This county

Panola CountyPanolaGreggUpshurShelbyRuskHarrisonMarionPanola County
Panola County
Oil, last 12 months
486 bbl
Gas in Jul 2026
2,010 mcf

Checks stopped on this lease?

  • Operator

    Operator changed: Diversified Production LLC took over from Sheridan Production Co III, LLC in May 2026.

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

See why checks stop on this lease

Production by month

Gas output rose 258% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output rose 258% over the last 12 monthsMonthly gas production and oil for CAPPS GAS UNIT, Aug 2023 to Jul 2026. Gas output rose 258% over the last 12 months. 21,886 mcf in the 12 months through Jul 2026, against 6,118 mcf in the 12 months before.Last 12 months: 21,886 mcfmcf per monthbbl per month00500251,000501,500752,0001002,500125Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output rose 258% over the last 12 monthsMonthly gas production and oil for CAPPS GAS UNIT, Aug 2023 to Jul 2026. Gas output rose 258% over the last 12 months. 21,886 mcf in the 12 months through Jul 2026, against 6,118 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month00500251,000501,500752,0001002,500125Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to a transmission line in the last 12 months

All of the gas went to a transmission line in the last 12 monthsShare of CAPPS GAS UNIT gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a transmission line in the last 12 monthsShare of CAPPS GAS UNIT gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line in the last 12 months.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Who has run this lease

The operator changed once, most recently in May 2026

Operators of this lease over timeSheridan Production Co III, LLC, Jan 2020 to Apr 2026; Diversified Production LLC, May 2026 to Jul 20262020202120222023202420252026Changed May 2026Sheridan Production Co III, L…Jan 2020 to Apr 2026Diversified Production LLCMay 2026 to now
Operators of this lease over timeSheridan Production Co III, LLC, Jan 2020 to Apr 2026; Diversified Production LLC, May 2026 to Jul 20262020202120222023202420252026Changed May 2026Sheridan Production Co III, LLCJan 2020 to Apr 2026Diversified Production LLCMay 2026 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on CAPPS GAS UNIT
API numberWell no.Status
42-365-3589910Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Eastex Crude Company, LLCCondensateGathers100Jan 1, 2023–
Sheridan Production CO Iii, LLCGas-well gasBuys100Mar 1, 2020–
Markwest Energy E TX Gas Co, LLCGas-well gasGathers100Nov 1, 2008–
Eastex Crude CompanyCondensateGathers100Jan 21, 2006Jan 1, 2023
Sheridan Production Company, LLCGas-well gasBuys100Aug 1, 2019Mar 1, 2020
Devon Gas Services, L.p.Gas-well gasBuys100Apr 1, 2007Aug 1, 2019

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

640 acres on the newest permit

Permits for Capps Gas Unit
API numberWell no.Acreson the permit
42-365-3589910640

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

Estimate your royalty

36 months, newest first

Ledger for CAPPS GAS UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Diversified Production76712,0102,0100$80.46$2.89
Jun 2026Diversified Production951481,9301,9300$84.81$3.15
May 2026Diversified Production1241101,9681,9680$102.13$2.94
Apr 2026Sheridan Production69361,8101,8100$100.32$2.77
Mar 2026Sheridan Production122971,9021,9020$91.38$3.04
Feb 2026Sheridan Production001,7221,7220$64.51$3.62
Jan 2026Sheridan Production001,8661,8660$60.04$7.72
Dec 2025Sheridan Production001,7641,7640$57.97$4.26
Nov 2025Sheridan Production001,6921,6920$60.06$3.79
Oct 2025Sheridan Production001,7471,7470$60.89$3.19
Sep 2025Sheridan Production001,6461,6460$63.96$2.97
Aug 2025Sheridan Production001,8291,8290$64.86$2.91
Jul 2025Sheridan Production001,1561,1560$68.39$3.20
Jun 2025Sheridan Production003633630$68.17$3.02
May 2025Sheridan Production004684680$62.17$3.12
Apr 2025Sheridan Production004264260$63.54$3.42
Mar 2025Sheridan Production115325320$68.24$4.12
Feb 2025Sheridan Production124484480$71.53$4.19
Jan 2025Sheridan Production224614610$75.74$4.13
Dec 2024Sheridan Production114504500$70.12$3.01
Nov 2024Sheridan Production114574570$69.95$2.12
Oct 2024Sheridan Production214364360$71.99$2.20
Sep 2024Sheridan Production114554550$70.24$2.28
Aug 2024Sheridan Production014664660$76.68$1.99
Jul 2024Sheridan Production214564560$81.80$2.07
Jun 2024Sheridan Production014694690$79.77$2.54
May 2024Sheridan Production114874870$80.02$2.12
Apr 2024Sheridan Production214844840$85.35$1.60
Mar 2024Sheridan Production224964960$81.28$1.49
Feb 2024Sheridan Production125785780$77.25$1.72
Jan 2024Sheridan Production225915910$74.15$3.18
Dec 2023Sheridan Production326346340$71.90$2.52
Nov 2023Sheridan Production226076070$77.69$2.71
Oct 2023Sheridan Production126776770$85.64$2.98
Sep 2023Sheridan Production216856850$89.43$2.64
Aug 2023Sheridan Production127147140$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

How to check your stub against this lease Checks stopped on this lease? See the likely reasons

Do your checks match this lease?

Nearby

Diversified Production LLC in Panola County

All Diversified Production LLC leases →

Carthage (Cotton Valley) field

All leases in this field →

Leases within 10 km

Drilling permits within 10 km