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Texas gas well

Shut in

GALES

Gales is a gas well in Panola County, Texas, operated by Eqv Operating LLC in the Carthage, North (Cotton Valley) field.

1 well

366mcf gas, last 12 months+182% vs prior year
Operator
Eqv Operating LLC
County
Panola County
Field
Carthage, North (Cotton Valley)
RRC lease
06-181231

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Where it sits

This county

Panola CountyPanolaGreggUpshurShelbyRuskHarrisonMarionPanola County
Panola County
Gas in Jul 2026
0 mcf
Reporting since
Jan 2020

Checks stopped on this lease?

  • Operator

    Operator changed: Eqv Operating LLC took over from Amplify Energy Operating LLC in Jan 2026.

  • P-5

    The previous operator's P-5 registration is listed as delinquent (last P-5 filed Apr 21, 2025).

  • Buyer

    Buyer changed: EQV OPERATING LLC replaced DCP OPERATING COMPANY, LP as the buyer of this lease's gas from gas wells on May 1, 2026.

  • Sales

    No sales reported for the last 6 months of state data (through Jul 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 182% over the last 12 months

  • Gas (bars)
  • Last 12 months
Gas output rose 182% over the last 12 monthsMonthly gas production for GALES, Aug 2023 to Jul 2026. Gas output rose 182% over the last 12 months. 366 mcf in the 12 months through Jul 2026, against 130 mcf in the 12 months before.Last 12 months: 366 mcfmcf per month050100150200Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output rose 182% over the last 12 monthsMonthly gas production for GALES, Aug 2023 to Jul 2026. Gas output rose 182% over the last 12 months. 366 mcf in the 12 months through Jul 2026, against 130 mcf in the 12 months before.Last 12 monthsmcf per month050100150200Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to a processing plant in the last 12 months

All of the gas went to a processing plant in the last 12 monthsShare of GALES gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant 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 processing plant in the last 12 monthsShare of GALES gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant 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 Jan 2026

Operators of this lease over timeAmplify Energy Operating LLC, Jan 2020 to Dec 2025; Eqv Operating LLC, Jan 2026 to Jul 20262020202120222023202420252026Changed Jan 2026Amplify Energy Operating LLCJan 2020 to Dec 2025Eqv Operating LLCJan 2026 to now
Operators of this lease over timeAmplify Energy Operating LLC, Jan 2020 to Dec 2025; Eqv Operating LLC, Jan 2026 to Jul 20262020202120222023202420252026Changed Jan 2026Amplify Energy Operating LLCJan 2020 to Dec 2025Eqv Operating LLCJan 2026 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on GALES
API numberWell no.Status
42-365-344072Shut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Dk Trading & Supply, LLCCondensateGathers100May 1, 2026–
Eqv Operating LLCGas-well gasBuys100May 1, 2026–
Vmh Gas, LLCGas-well gasGathers100May 1, 2026–
Lion Oil Trading & Trans, LLCCondensateGathers100May 1, 2020May 1, 2026
Dcp Operating Company, LPGas-well gasGathers100Apr 1, 2017May 1, 2026
Dcp Operating Company, LPGas-well gasBuys100Apr 1, 2017May 1, 2026
Eastex Crude CompanyCondensateGathers50Jul 1, 2016May 1, 2020
Sunoco Ptnrs. Mktg.&terminals LPCondensateGathers50Jul 1, 2016May 1, 2020

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

Who buys my oilOil price check

255.15 acres on the newest permit

  • Good to know

    A pooling certificate (P-12) was filed

    Your tract may share its production with neighbors in a pooled unit. The unit acres the operator uses to divide production can differ from the acreage on one permit.

Check your decimal on this lease
Permits for Gales
API numberWell no.Acreson the permit
42-365-344072255.15

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for GALES
MonthGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Eqv Operating000$80.46$2.89
Jun 2026Eqv Operating000$84.81$3.15
May 2026Eqv Operating000$102.13$2.94
Apr 2026Eqv Operating000$100.32$2.77
Mar 2026Eqv Operating000$91.38$3.04
Feb 2026Eqv Operating000$64.51$3.62
Jan 2026Eqv Operating1041040$60.04$7.72
Dec 2025Amplify Energy81810$57.97$4.26
Nov 2025Amplify Energy76760$60.06$3.79
Oct 2025Amplify Energy51510$60.89$3.19
Sep 2025Amplify Energy000$63.96$2.97
Aug 2025Amplify Energy54540$64.86$2.91
Jul 2025Amplify Energy30300$68.39$3.20
Jun 2025Amplify Energy330$68.17$3.02
May 2025Amplify Energy770$62.17$3.12
Apr 2025Amplify Energy440$63.54$3.42
Mar 2025Amplify Energy24240$68.24$4.12
Feb 2025Amplify Energy000$71.53$4.19
Jan 2025Amplify Energy13130$75.74$4.13
Dec 2024Amplify Energy000$70.12$3.01
Nov 2024Amplify Energy990$69.95$2.12
Oct 2024Amplify Energy27270$71.99$2.20
Sep 2024Amplify Energy660$70.24$2.28
Aug 2024Amplify Energy770$76.68$1.99
Jul 2024Amplify Energy12120$81.80$2.07
Jun 2024Amplify Energy16160$79.77$2.54
May 2024Amplify Energy77770$80.02$2.12
Apr 2024Amplify Energy1071070$85.35$1.60
Mar 2024Amplify Energy1311310$81.28$1.49
Feb 2024Amplify Energy81810$77.25$1.72
Jan 2024Amplify Energy1791790$74.15$3.18
Dec 2023Amplify Energy1171170$71.90$2.52
Nov 2023Amplify Energy1381380$77.69$2.71
Oct 2023Amplify Energy1381380$85.64$2.98
Sep 2023Amplify Energy1111110$89.43$2.64
Aug 2023Amplify Energy1331330$81.39$2.58

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

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Nearby

This lease belongs to

OperatorEqv Operating LLCFieldCarthage, North (Cotton Valley)CountyPanola County

Eqv Operating LLC in Panola County

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