Skip to content
Royalty Clerk

Texas gas well

Producing

LILLY UNIT

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

1 well

5,333mcf gas, last 12 months−57% vs prior year
RRC lease
06-146813

Is your check right?

Check my statement

Where it sits

This county

Panola CountyPanolaGreggUpshurShelbyRuskHarrisonMarionPanola County
Panola County
Oil, last 12 months
29 bbl
Gas in Jul 2026
433 mcf

Production by month

Gas output fell 57% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output fell 57% over the last 12 monthsMonthly gas production and oil for LILLY UNIT, Aug 2023 to Jul 2026. Gas output fell 57% over the last 12 months. 5,333 mcf in the 12 months through Jul 2026, against 12,471 mcf in the 12 months before.Last 12 months: 5,333 mcfmcf per monthbbl per month0050051,000101,500152,00020Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 57% over the last 12 monthsMonthly gas production and oil for LILLY UNIT, Aug 2023 to Jul 2026. Gas output fell 57% over the last 12 months. 5,333 mcf in the 12 months through Jul 2026, against 12,471 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month0050051,000101,500152,00020Jan 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 LILLY 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 LILLY 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 LILLY UNIT
API numberWell no.Status
42-365-328086Active

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 CompanyCondensateGathers100Oct 25, 1993Jan 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).

637.50 acres on the newest permit

A pooling certificate was filed

Permits for Lilly Unit
API numberWell no.Acreson the permit
42-365-328086637.50

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

Estimate your royalty

36 months, newest first

Ledger for LILLY UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Diversified Production004334330$80.46$2.89
Jun 2026Diversified Production004054050$84.81$3.15
May 2026Diversified Production004184180$102.13$2.94
Apr 2026Sheridan Production004034030$100.32$2.77
Mar 2026Sheridan Production004194190$91.38$3.04
Feb 2026Sheridan Production063683680$64.51$3.62
Jan 2026Sheridan Production104174170$60.04$7.72
Dec 2025Sheridan Production384334330$57.97$4.26
Nov 2025Sheridan Production404674670$60.06$3.79
Oct 2025Sheridan Production985565560$60.89$3.19
Sep 2025Sheridan Production673943940$63.96$2.97
Aug 2025Sheridan Production676206200$64.86$2.91
Jul 2025Sheridan Production755995990$68.39$3.20
Jun 2025Sheridan Production644924920$68.17$3.02
May 2025Sheridan Production15176176170$62.17$3.12
Apr 2025Sheridan Production999729720$63.54$3.42
Mar 2025Sheridan Production1391,5091,5090$68.24$4.12
Feb 2025Sheridan Production11101,2401,2400$71.53$4.19
Jan 2025Sheridan Production597207200$75.74$4.13
Dec 2024Sheridan Production7111,2281,2280$70.12$3.01
Nov 2024Sheridan Production10111,3211,3210$69.95$2.12
Oct 2024Sheridan Production801,6031,6030$71.99$2.20
Sep 2024Sheridan Production6111,0371,0370$70.24$2.28
Aug 2024Sheridan Production401,1331,1330$76.68$1.99
Jul 2024Sheridan Production001,0151,0150$81.80$2.07
Jun 2024Sheridan Production8111,1831,1830$79.77$2.54
May 2024Sheridan Production9101,4021,4020$80.02$2.12
Apr 2024Sheridan Production101,0451,0450$85.35$1.60
Mar 2024Sheridan Production101,2821,2820$81.28$1.49
Feb 2024Sheridan Production291,2651,2650$77.25$1.72
Jan 2024Sheridan Production409289280$74.15$3.18
Dec 2023Sheridan Production101,2631,2630$71.90$2.52
Nov 2023Sheridan Production601,1441,1440$77.69$2.71
Oct 2023Sheridan Production2101,4071,4070$85.64$2.98
Sep 2023Sheridan Production501,0711,0710$89.43$2.64
Aug 2023Sheridan Production581,5351,5350$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

How to check your stub against this lease

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