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Texas gas well

Producing

GALES, WILEY

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

1 well

17,200mcf gas, last 12 months+718% vs prior year
RRC lease
06-242893

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Where it sits

This county

Panola CountyPanolaGreggUpshurShelbyRuskHarrisonMarionPanola County
Panola County
Oil, last 12 months
1,068 bbl
Gas in Jul 2026
1,916 mcf

Checks stopped on this lease?

  • Operator

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

  • Buyer

    Buyer changed: DIVERSIFIED PRODUCTION LLC replaced SHERIDAN PRODUCTION CO III, LLC as the buyer of this lease's gas from gas wells on May 1, 2026.

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

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Production by month

Gas output rose 718% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output rose 718% over the last 12 monthsMonthly gas production and oil for GALES, WILEY, Aug 2023 to Jul 2026. Gas output rose 718% over the last 12 months. 17,200 mcf in the 12 months through Jul 2026, against 2,102 mcf in the 12 months before.Last 12 months: 17,200 mcfmcf per monthbbl per month001,000502,0001003,0001504,000200Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output rose 718% over the last 12 monthsMonthly gas production and oil for GALES, WILEY, Aug 2023 to Jul 2026. Gas output rose 718% over the last 12 months. 17,200 mcf in the 12 months through Jul 2026, against 2,102 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month001,000502,0001003,0001504,000200Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Oct 2024 the lease's gas goes to a transmission line instead of lease fuel

  • Transmission line (2)
  • Lease fuel (1)
Since Oct 2024 the lease's gas goes to a transmission line instead of lease fuelShare of GALES, WILEY gas by disposition code each month, Aug 2023 to Jul 2026. Since Oct 2024 the lease's gas goes to a transmission line instead of lease fuel.Share of the lease’s gas by disposition code, per month0%50%100%Oct 2024: fuel to lineOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Oct 2024 the lease's gas goes to a transmission line instead of lease fuelShare of GALES, WILEY gas by disposition code each month, Aug 2023 to Jul 2026. Since Oct 2024 the lease's gas goes to a transmission line instead of lease fuel.Share of gas by disposition code0%50%100%Oct 24: fuel to lineJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    89% · 15,269 mcf

  • Lease fuel (1)

    11% · 1,931 mcf

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 GALES, WILEY
API numberWell no.Status
42-365-370873Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Dk Trading & Supply, LLCCondensateGathers34May 1, 2026–
Eastex Crude Company, LLCCondensateGathers33May 1, 2026–
Plains Marketing, L.p.CondensateGathers33May 1, 2026–
Diversified Production LLCGas-well gasBuys100May 1, 2026–
Markwest Energy E TX Gas Co, LLCGas-well gasGathers100May 1, 2026–
Eastex Crude Company, LLCCondensateGathers100Jan 1, 2023May 1, 2026
Enterprise Products Operating LLCGas-well gasGathers100Dec 1, 2017May 1, 2026
Sheridan Production CO Iii, LLCGas-well gasBuys100Mar 1, 2020May 1, 2026
Eastex Crude CompanyCondensateGathers100Aug 17, 2008Jan 1, 2023
Sheridan Production Company, LLCGas-well gasBuys100Jul 1, 2017Mar 1, 2020

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

95 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, Wiley
API numberWell no.Acreson the permit
42-365-37087395

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

Estimate your royalty

36 months, newest first

Ledger for GALES, WILEY
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Diversified Production1311461,9161,7640$80.46$2.89
Jun 2026Diversified Production1621891,8931,7970$84.81$3.15
May 2026Diversified Production141812,2562,0120$102.13$2.94
Apr 2026Sheridan Production1892402,0511,7570$100.32$2.77
Mar 2026Sheridan Production1601672,2991,9750$91.38$3.04
Feb 2026Sheridan Production1741392,4592,1730$64.51$3.62
Jan 2026Sheridan Production111623,3853,0010$60.04$7.72
Dec 2025Sheridan Production003563000$57.97$4.26
Nov 2025Sheridan Production0028240$60.06$3.79
Oct 2025Sheridan Production004934160$60.89$3.19
Sep 2025Sheridan Production0028210$63.96$2.97
Aug 2025Sheridan Production0036290$64.86$2.91
Jul 2025Sheridan Production0076610$68.39$3.20
Jun 2025Sheridan Production001,1829880$68.17$3.02
May 2025Sheridan Production0097790$62.17$3.12
Apr 2025Sheridan Production0091760$63.54$3.42
Mar 2025Sheridan Production0068570$68.24$4.12
Feb 2025Sheridan Production0085720$71.53$4.19
Jan 2025Sheridan Production001191010$75.74$4.13
Dec 2024Sheridan Production0070590$70.12$3.01
Nov 2024Sheridan Production0075610$69.95$2.12
Oct 2024Sheridan Production00117970$71.99$2.20
Sep 2024Sheridan Production001000$70.24$2.28
Aug 2024Sheridan Production11112940$76.68$1.99
Jul 2024Sheridan Production1173570$81.80$2.07
Jun 2024Sheridan Production0096730$79.77$2.54
May 2024Sheridan Production1197670$80.02$2.12
Apr 2024Sheridan Production2294710$85.35$1.60
Mar 2024Sheridan Production1261470$81.28$1.49
Feb 2024Sheridan Production33109860$77.25$1.72
Jan 2024Sheridan Production321261050$74.15$3.18
Dec 2023Sheridan Production11114940$71.90$2.52
Nov 2023Sheridan Production12111950$77.69$2.71
Oct 2023Sheridan Production32105900$85.64$2.98
Sep 2023Sheridan Production3471590$89.43$2.64
Aug 2023Sheridan Production435044300$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

Diversified Production LLC in Panola County

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Carthage, North (Cotton Valley) field

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