Skip to content
Royalty Clerk

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

27,684mcf gas, last 12 months−5% vs prior year
Operator
Diversified Production LLC
County
Panola County
Field
Carthage, North (Cotton Valley)
RRC lease
06-187631

Is your check right?

Check my statement

Where it sits

This county

Panola CountyPanolaGreggUpshurShelbyRuskHarrisonMarionPanola County
Panola County
Oil, last 12 months
79 bbl
Gas in Jul 2026
2,459 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.

See why checks stop on this lease

Production by month

Gas output fell 5% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output fell 5% over the last 12 monthsMonthly gas production and oil for GULLEY, M.E. GAS UNIT, Aug 2023 to Jul 2026. Gas output fell 5% over the last 12 months. 27,684 mcf in the 12 months through Jul 2026, against 29,152 mcf in the 12 months before.Last 12 months: 27,684 mcfmcf per monthbbl per month001,000502,0001003,0001504,000200Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 5% over the last 12 monthsMonthly gas production and oil for GULLEY, M.E. GAS UNIT, Aug 2023 to Jul 2026. Gas output fell 5% over the last 12 months. 27,684 mcf in the 12 months through Jul 2026, against 29,152 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

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% · 24,607 mcf

  • Lease fuel (1)

    11% · 3,077 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
42-365-346505Active

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
42-365-346505704

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 Production662,4592,1740$80.46$2.89
Jun 2026Diversified Production661,8701,6540$84.81$3.15
May 2026Diversified Production302,2512,0030$102.13$2.94
Apr 2026Sheridan Production552,2902,0400$100.32$2.77
Mar 2026Sheridan Production002,3932,1490$91.38$3.04
Feb 2026Sheridan Production002,1531,8950$64.51$3.62
Jan 2026Sheridan Production002,2772,0070$60.04$7.72
Dec 2025Sheridan Production552,3442,0610$57.97$4.26
Nov 2025Sheridan Production002,2722,0100$60.06$3.79
Oct 2025Sheridan Production541402,4572,2030$60.89$3.19
Sep 2025Sheridan Production002,4432,2080$63.96$2.97
Aug 2025Sheridan Production002,4752,2030$64.86$2.91
Jul 2025Sheridan Production7202,4982,2260$68.39$3.20
Jun 2025Sheridan Production921732,3502,1010$68.17$3.02
May 2025Sheridan Production2302,5102,2420$62.17$3.12
Apr 2025Sheridan Production3402,3852,1330$63.54$3.42
Mar 2025Sheridan Production1781672,4102,1610$68.24$4.12
Feb 2025Sheridan Production2702,0511,8530$71.53$4.19
Jan 2025Sheridan Production111632,4442,2110$75.74$4.13
Dec 2024Sheridan Production502,5202,2770$70.12$3.01
Nov 2024Sheridan Production2402,2131,9910$69.95$2.12
Oct 2024Sheridan Production12302,5042,2720$71.99$2.20
Sep 2024Sheridan Production002,6692,3790$70.24$2.28
Aug 2024Sheridan Production772,5982,3350$76.68$1.99
Jul 2024Sheridan Production002,8902,6530$81.80$2.07
Jun 2024Sheridan Production1031582,4282,1760$79.77$2.54
May 2024Sheridan Production502,5702,3140$80.02$2.12
Apr 2024Sheridan Production3142,2622,0350$85.35$1.60
Mar 2024Sheridan Production1702,3852,1540$81.28$1.49
Feb 2024Sheridan Production1221232,2101,9860$77.25$1.72
Jan 2024Sheridan Production20202,2912,0670$74.15$3.18
Dec 2023Sheridan Production002,3872,1510$71.90$2.52
Nov 2023Sheridan Production35352,4212,1860$77.69$2.71
Oct 2023Sheridan Production552,4492,2150$85.64$2.98
Sep 2023Sheridan Production552,3572,1350$89.43$2.64
Aug 2023Sheridan Production552,4942,2550$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?

Check my statement

Nearby

This lease belongs to

OperatorDiversified Production LLCFieldCarthage, North (Cotton Valley)CountyPanola County

Diversified Production LLC in Panola County

All Diversified Production LLC leases →

Carthage, North (Cotton Valley) field

All leases in this field →

Leases within 10 km

Drilling permits within 10 km