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Texas gas well

Producing

GULLEY, M.E. GAS UNIT

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

1 well

24,788mcf gas, last 12 months−8% vs prior year
Operator
Diversified Production LLC
County
Panola County
Field
Carthage, North (Cotton Valley)
RRC lease
06-182991

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Where it sits

This county

Panola CountyPanolaGreggUpshurShelbyRuskHarrisonMarionPanola County
Panola County
Oil, last 12 months
6 bbl
Gas in Jul 2026
1,958 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 fell 8% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output fell 8% over the last 12 monthsMonthly gas production and oil for GULLEY, M.E. GAS UNIT, Aug 2023 to Jul 2026. Gas output fell 8% over the last 12 months. 24,788 mcf in the 12 months through Jul 2026, against 26,834 mcf in the 12 months before.Last 12 months: 24,788 mcfmcf per monthbbl per month001,000202,000403,000604,00080Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 8% over the last 12 monthsMonthly gas production and oil for GULLEY, M.E. GAS UNIT, Aug 2023 to Jul 2026. Gas output fell 8% over the last 12 months. 24,788 mcf in the 12 months through Jul 2026, against 26,834 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month001,000202,000403,000604,00080Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

89% of the gas went to a transmission line in the last 12 months

  • Transmission line (2)
  • Lease fuel (1)
89% of the gas went to a transmission line in the last 12 monthsShare of GULLEY, M.E. GAS UNIT gas by disposition code each month, Aug 2023 to Jul 2026. 89% 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
89% of the gas went to a transmission line in the last 12 monthsShare of GULLEY, M.E. GAS UNIT gas by disposition code each month, Aug 2023 to Jul 2026. 89% 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.

  • Transmission line (2)

    89% · 22,025 mcf

  • Lease fuel (1)

    11% · 2,763 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 GULLEY, M.E. GAS UNIT
API numberWell no.Status
42-365-346264 UActive

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
Dcp Operating Company, LPGas-well gasGathers100Apr 1, 2017May 1, 2026
Sheridan Production CO Iii, LLCGas-well gasBuys100Mar 1, 2020May 1, 2026
Eastex Crude CompanyCondensateGathers100Apr 1, 2002Jan 1, 2023
Sheridan Production Company, LLCGas-well gasBuys100Aug 1, 2019Mar 1, 2020
Devon Gas Services, L.p.Gas-well gasBuys100Jun 30, 2016Aug 1, 2019

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

Who buys my oilOil price check

704 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 Gulley, M.e. Gas Unit
API numberWell no.Acreson the permit
42-365-346264 U704

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

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for GULLEY, M.E. GAS UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Diversified Production111,9581,7310$80.46$2.89
Jun 2026Diversified Production112,4502,1670$84.81$3.15
May 2026Diversified Production001,9631,7470$102.13$2.94
Apr 2026Sheridan Production222,0131,7930$100.32$2.77
Mar 2026Sheridan Production002,2161,9900$91.38$3.04
Feb 2026Sheridan Production001,9611,7260$64.51$3.62
Jan 2026Sheridan Production002,0691,8240$60.04$7.72
Dec 2025Sheridan Production222,1201,8640$57.97$4.26
Nov 2025Sheridan Production002,0721,8330$60.06$3.79
Oct 2025Sheridan Production002,0451,8340$60.89$3.19
Sep 2025Sheridan Production001,8561,6780$63.96$2.97
Aug 2025Sheridan Production002,0651,8380$64.86$2.91
Jul 2025Sheridan Production002,1671,9310$68.39$3.20
Jun 2025Sheridan Production002,2181,9830$68.17$3.02
May 2025Sheridan Production002,1641,9330$62.17$3.12
Apr 2025Sheridan Production002,2351,9990$63.54$3.42
Mar 2025Sheridan Production112,3052,0670$68.24$4.12
Feb 2025Sheridan Production001,8951,7120$71.53$4.19
Jan 2025Sheridan Production012,4622,2270$75.74$4.13
Dec 2024Sheridan Production002,2832,0630$70.12$3.01
Nov 2024Sheridan Production002,3682,1300$69.95$2.12
Oct 2024Sheridan Production102,5102,2780$71.99$2.20
Sep 2024Sheridan Production001,8061,6100$70.24$2.28
Aug 2024Sheridan Production332,4212,1760$76.68$1.99
Jul 2024Sheridan Production001,6871,5480$81.80$2.07
Jun 2024Sheridan Production1131,9331,7320$79.77$2.54
May 2024Sheridan Production001,9801,7830$80.02$2.12
Apr 2024Sheridan Production222,1261,9130$85.35$1.60
Mar 2024Sheridan Production902,2111,9970$81.28$1.49
Feb 2024Sheridan Production61582,1191,9050$77.25$1.72
Jan 2024Sheridan Production10102,1951,9800$74.15$3.18
Dec 2023Sheridan Production002,3362,1050$71.90$2.52
Nov 2023Sheridan Production15202,0831,8810$77.69$2.71
Oct 2023Sheridan Production332,4162,1850$85.64$2.98
Sep 2023Sheridan Production332,3572,1350$89.43$2.64
Aug 2023Sheridan Production332,4412,2070$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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This lease belongs to

OperatorDiversified Production LLCFieldCarthage, North (Cotton Valley)CountyPanola County

Diversified Production LLC in Panola County

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