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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

24,016mcf gas, last 12 months−4% vs prior year
Operator
Diversified Production LLC
County
Panola County
Field
Carthage (Cotton Valley)
RRC lease
06-238208

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Where it sits

This county

Panola CountyPanolaGreggUpshurShelbyRuskHarrisonMarionPanola County
Panola County
Oil, last 12 months
94 bbl
Gas in Jul 2026
1,959 mcf

Checks stopped on this lease?

  • Operator

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

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

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Production by month

Gas output fell 4% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output fell 4% over the last 12 monthsMonthly gas production and oil for LILLY UNIT, Aug 2023 to Jul 2026. Gas output fell 4% over the last 12 months. 24,016 mcf in the 12 months through Jul 2026, against 25,076 mcf in the 12 months before.Last 12 months: 24,016 mcfmcf per monthbbl per month00500101,000201,500302,000402,50050Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 4% over the last 12 monthsMonthly gas production and oil for LILLY UNIT, Aug 2023 to Jul 2026. Gas output fell 4% over the last 12 months. 24,016 mcf in the 12 months through Jul 2026, against 25,076 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month00500101,000201,500302,000402,50050Jan 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
42-365-3693921Active

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 CompanyCondensateGathers100Apr 18, 2008Jan 1, 2023
Sheridan Production Company, LLCGas-well gasBuys100Aug 1, 2019Mar 1, 2020
Devon Gas Services, L.p.Gas-well gasBuys100Apr 18, 2008Aug 1, 2019

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

Who buys my oilOil price check

637.50 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.

  • Worth asking

    A substandard-acreage flag is in the permit records

    The RRC permit records include a substandard-acreage flag. Ask which acreage applies to your well and how it was used in your decimal.

  • Worth asking

    A Rule 37 case is listed

    The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.

Check your decimal on this lease
Permits for Lilly Unit
API numberWell no.Acreson the permit
42-365-3693921637.50

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

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for LILLY UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Diversified Production11161,9591,9590$80.46$2.89
Jun 2026Diversified Production001,8401,8400$84.81$3.15
May 2026Diversified Production471,7971,7970$102.13$2.94
Apr 2026Sheridan Production791,6791,6790$100.32$2.77
Mar 2026Sheridan Production26151,6941,6940$91.38$3.04
Feb 2026Sheridan Production7201,5371,5370$64.51$3.62
Jan 2026Sheridan Production502,0142,0140$60.04$7.72
Dec 2025Sheridan Production792,1112,1110$57.97$4.26
Nov 2025Sheridan Production502,2722,2720$60.06$3.79
Oct 2025Sheridan Production992,3972,3970$60.89$3.19
Sep 2025Sheridan Production772,3222,3220$63.96$2.97
Aug 2025Sheridan Production672,3942,3940$64.86$2.91
Jul 2025Sheridan Production752,4052,4050$68.39$3.20
Jun 2025Sheridan Production752,3042,3040$68.17$3.02
May 2025Sheridan Production15182,3792,3790$62.17$3.12
Apr 2025Sheridan Production11102,3002,3000$63.54$3.42
Mar 2025Sheridan Production1392,1452,1450$68.24$4.12
Feb 2025Sheridan Production11111,8481,8480$71.53$4.19
Jan 2025Sheridan Production20261,9271,9270$75.74$4.13
Dec 2024Sheridan Production11131,9651,9650$70.12$3.01
Nov 2024Sheridan Production11131,8651,8650$69.95$2.12
Oct 2024Sheridan Production1001,9951,9950$71.99$2.20
Sep 2024Sheridan Production7131,9491,9490$70.24$2.28
Aug 2024Sheridan Production501,9941,9940$76.68$1.99
Jul 2024Sheridan Production002,0282,0280$81.80$2.07
Jun 2024Sheridan Production9132,0522,0520$79.77$2.54
May 2024Sheridan Production11201,9031,9030$80.02$2.12
Apr 2024Sheridan Production101,9441,9440$85.35$1.60
Mar 2024Sheridan Production102,1692,1690$81.28$1.49
Feb 2024Sheridan Production7302,2152,2150$77.25$1.72
Jan 2024Sheridan Production1402,1802,1800$74.15$3.18
Dec 2023Sheridan Production302,2882,2880$71.90$2.52
Nov 2023Sheridan Production1702,3262,3260$77.69$2.71
Oct 2023Sheridan Production9312,4512,4510$85.64$2.98
Sep 2023Sheridan Production1502,3142,3140$89.43$2.64
Aug 2023Sheridan Production16272,4242,4240$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

This lease belongs to

OperatorDiversified Production LLCFieldCarthage (Cotton Valley)CountyPanola County

Diversified Production LLC in Panola County

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Carthage (Cotton Valley) field

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