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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 (Travis Peak) field.

Gas well dossier

191,423mcf gas, since Feb 2026
Operator
Diversified Production LLC
County
Panola County
Field
Carthage (Travis Peak)
RRC lease
06-301210

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Where it sits

This county

Panola CountyPanolaGreggUpshurShelbyRuskHarrisonMarionPanola County
Panola County
Oil, since Feb 2026
785 bbl
Gas in Jul 2026
16,375 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.

See why checks stop on this lease
First check

Production started February 2026; the first check is due by about June 28, 2026 (estimate).

When is my first royalty check due?

Production by month

Gas output fell 47% since Feb 2026

  • Gas (bars)
  • Oil (line)
Gas output fell 47% since Feb 2026Monthly gas production and oil for LILLY UNIT, Feb 2026 to Jul 2026. Gas output fell 47% since Feb 2026. Monthly average of 22,177 mcf in the latest 3 months, against 41,630 mcf in the first 3.mcf per monthbbl per month0010k5020k10030k15040k20050k250Oct 25Jan 26AprJul
Gas output fell 47% since Feb 2026Monthly gas production and oil for LILLY UNIT, Feb 2026 to Jul 2026. Gas output fell 47% since Feb 2026. Monthly average of 22,177 mcf in the latest 3 months, against 41,630 mcf in the first 3.mcf per monthbbl per month0010k5020k10030k15040k20050k250Jan 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 6 months reported

All of the gas went to a transmission line in the 6 months reportedShare of LILLY UNIT gas by disposition code each month, Feb 2026 to Jul 2026. All of the gas went to a transmission line in the 6 months reported.Share of the lease’s gas by disposition code, per month0%50%100%Oct 25Jan 26AprJul
All of the gas went to a transmission line in the 6 months reportedShare of LILLY UNIT gas by disposition code each month, Feb 2026 to Jul 2026. All of the gas went to a transmission line in the 6 months reported.Share of gas by disposition code0%50%100%Jan 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, Feb 2026 to Apr 2026; Diversified Production LLC, May 2026 to Jul 2026Changed May 2026Sheridan Production Co III, L…Feb 2026 to Apr 2026Diversified Production LLCMay 2026 to now
Operators of this lease over timeSheridan Production Co III, LLC, Feb 2026 to Apr 2026; Diversified Production LLC, May 2026 to Jul 2026Changed May 2026Sheridan Production Co III, LLCFeb 2026 to Apr 2026Diversified Production LLCMay 2026 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Wells on this lease

No wells are linked to this lease in our data

Production is still reported at lease level.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Eastex Crude Company, LLCCondensateGathers100Feb 4, 2026
Sheridan Production CO Iii, LLCGas-well gasBuys100Feb 4, 2026
Markwest Energy E TX Gas Co, LLCGas-well gasGathers100Feb 4, 2026

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.

Check your decimal on this lease
Permits for Lilly Unit
API numberWell no.Acreson the permit
42-365-331469637.50

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

Unit decimal checker

Estimate your royalty

6 months, newest first

Ledger for LILLY UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Diversified Production20227716,37516,3750$80.46$2.89
Jun 2026Diversified Production16021,18721,1870$84.81$3.15
May 2026Diversified Production667628,97028,9700$102.13$2.94
Apr 2026Sheridan Production914537,10637,1060$100.32$2.77
Mar 2026Sheridan Production20217449,63449,6340$91.38$3.04
Feb 2026Sheridan Production20817738,15138,1510$64.51$3.62

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 (Travis Peak)CountyPanola County

Diversified Production LLC in Panola County

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Carthage (Travis Peak) field

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New drilling permits in Panola County

Newest in the county: this lease has no coordinates.