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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

7,395mcf gas, last 12 months−51% vs prior year
RRC lease
06-150328

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Where it sits

This county

Panola CountyPanolaGreggUpshurShelbyRuskHarrisonMarionPanola County
Panola County
Oil, last 12 months
8 bbl
Gas in Jul 2026
633 mcf

Production by month

Gas output fell 51% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output fell 51% over the last 12 monthsMonthly gas production and oil for LILLY UNIT, Aug 2023 to Jul 2026. Gas output fell 51% over the last 12 months. 7,395 mcf in the 12 months through Jul 2026, against 15,076 mcf in the 12 months before.Last 12 months: 7,395 mcfmcf per monthbbl per month0050011,00021,50032,00042,5005Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 51% over the last 12 monthsMonthly gas production and oil for LILLY UNIT, Aug 2023 to Jul 2026. Gas output fell 51% over the last 12 months. 7,395 mcf in the 12 months through Jul 2026, against 15,076 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month0050011,00021,50032,00042,5005Jan 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
42-365-328867Active

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 CompanyCondensateGathers100Aug 5, 1994Jan 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
42-365-328867637.50

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 Production006336330$80.46$2.89
Jun 2026Diversified Production006296290$84.81$3.15
May 2026Diversified Production006406400$102.13$2.94
Apr 2026Sheridan Production006306300$100.32$2.77
Mar 2026Sheridan Production006626620$91.38$3.04
Feb 2026Sheridan Production025805800$64.51$3.62
Jan 2026Sheridan Production105895890$60.04$7.72
Dec 2025Sheridan Production026356350$57.97$4.26
Nov 2025Sheridan Production105585580$60.06$3.79
Oct 2025Sheridan Production225905900$60.89$3.19
Sep 2025Sheridan Production326256250$63.96$2.97
Aug 2025Sheridan Production126246240$64.86$2.91
Jul 2025Sheridan Production218168160$68.39$3.20
Jun 2025Sheridan Production116136130$68.17$3.02
May 2025Sheridan Production458648640$62.17$3.12
Apr 2025Sheridan Production431,3191,3190$63.54$3.42
Mar 2025Sheridan Production211,2601,2600$68.24$4.12
Feb 2025Sheridan Production331,2361,2360$71.53$4.19
Jan 2025Sheridan Production231,3981,3980$75.74$4.13
Dec 2024Sheridan Production101,7931,7930$70.12$3.01
Nov 2024Sheridan Production001,1551,1550$69.95$2.12
Oct 2024Sheridan Production001,8171,8170$71.99$2.20
Sep 2024Sheridan Production001,2281,2280$70.24$2.28
Aug 2024Sheridan Production001,5771,5770$76.68$1.99
Jul 2024Sheridan Production001,4381,4380$81.80$2.07
Jun 2024Sheridan Production001,0951,0950$79.77$2.54
May 2024Sheridan Production031,3881,3880$80.02$2.12
Apr 2024Sheridan Production002,0532,0530$85.35$1.60
Mar 2024Sheridan Production009189180$81.28$1.49
Feb 2024Sheridan Production351,5151,5150$77.25$1.72
Jan 2024Sheridan Production008008000$74.15$3.18
Dec 2023Sheridan Production101,3181,3180$71.90$2.52
Nov 2023Sheridan Production401,3061,3060$77.69$2.71
Oct 2023Sheridan Production161,5021,5020$85.64$2.98
Sep 2023Sheridan Production301,0381,0380$89.43$2.64
Aug 2023Sheridan Production471,2301,2300$81.39$2.58

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

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Nearby

Diversified Production LLC in Panola County

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Carthage (Cotton Valley) field

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