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Texas gas well

Producing

PANOLA 2 UNIT

Panola 2 Unit is a gas well in Panola County, Texas, operated by Diversified Production LLC in the Carthage (Cotton Valley) field.

1 well

18,809mcf gas, last 12 months−21% vs prior year
Operator
Diversified Production LLC
County
Panola County
Field
Carthage (Cotton Valley)
RRC lease
06-226553

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Where it sits

This county

Panola CountyPanolaGreggUpshurShelbyRuskHarrisonMarionPanola County
Panola County
Oil, last 12 months
130 bbl
Gas in Jul 2026
2,210 mcf

Production by month

Gas output fell 21% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output fell 21% over the last 12 monthsMonthly gas production and oil for PANOLA 2 UNIT, Aug 2023 to Jul 2026. Gas output fell 21% over the last 12 months. 18,809 mcf in the 12 months through Jul 2026, against 23,854 mcf in the 12 months before.Last 12 months: 18,809 mcfmcf per monthbbl per month001,000102,000203,000304,00040Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 21% over the last 12 monthsMonthly gas production and oil for PANOLA 2 UNIT, Aug 2023 to Jul 2026. Gas output fell 21% over the last 12 months. 18,809 mcf in the 12 months through Jul 2026, against 23,854 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month001,000102,000203,000304,00040Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

72% of the gas went to a processing plant in the last 12 months

  • Processing plant (3)
  • Lease fuel (1)
72% of the gas went to a processing plant in the last 12 monthsShare of PANOLA 2 UNIT gas by disposition code each month, Aug 2023 to Jul 2026. 72% of the gas went to a processing plant in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
72% of the gas went to a processing plant in the last 12 monthsShare of PANOLA 2 UNIT gas by disposition code each month, Aug 2023 to Jul 2026. 72% of the gas went to a processing plant 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.

  • Processing plant (3)

    72% · 13,489 mcf

  • Lease fuel (1)

    28% · 5,320 mcf

Who has run this lease

The operator changed once, most recently in Aug 2021

Operators of this lease over timeTanos Exploration II, LLC, Jan 2020 to Jul 2021; Diversified Production LLC, Aug 2021 to Jul 20262020202120222023202420252026Changed Aug 2021Tanos Exploration II, LLCJan 2020 to Jul 2021Diversified Production LLCAug 2021 to now
Operators of this lease over timeTanos Exploration II, LLC, Jan 2020 to Jul 2021; Diversified Production LLC, Aug 2021 to Jul 20262020202120222023202420252026Changed Aug 2021Tanos Exploration II, LLCJan 2020 to Jul 2021Diversified Production LLCAug 2021 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on PANOLA 2 UNIT
API numberWell no.Status
42-365-3631811Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Dk Trading & Supply, LLCCondensateGathers50Jul 1, 2022–
Eastex Crude Company, LLCCondensateGathers50Jan 1, 2023–
Markwest Energy E TX Gas Co, LLCGas-well gasBuys100Jul 1, 2022–
Markwest Energy E TX Gas Co, LLCGas-well gasGathers100Jul 1, 2022–
Eastex Crude CompanyCondensateGathers50Jul 1, 2022Jan 1, 2023
Eastex Crude CompanyCondensateGathers100Nov 2, 2006Jul 1, 2022
Markwest Pinnacle, L.l.c.Gas-well gasGathers100Aug 1, 2021Jul 1, 2022
Markwest Pinnacle, L.l.c.Gas-well gasBuys100Aug 1, 2021Jul 1, 2022
Markwest Energy E TX Gas Co, LLCGas-well gasGathers100Nov 1, 2008Aug 1, 2021
Bp Energy Co.Gas-well gasBuys100Apr 1, 2017Aug 1, 2021

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

Who buys my oilOil price check

688.19 acres on the newest permit

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Permits for Panola 2 Unit
API numberWell no.Acreson the permit
42-365-3631811688.19

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for PANOLA 2 UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Diversified Production14442,2101,6170$80.46$2.89
Jun 2026Diversified Production1631,8831,2860$84.81$3.15
May 2026Diversified Production511,4171,0020$102.13$2.94
Apr 2026Diversified Production22464573480$100.32$2.77
Mar 2026Diversified Production707645880$91.38$3.04
Feb 2026Diversified Production1311,2428660$64.51$3.62
Jan 2026Diversified Production601,5661,1430$60.04$7.72
Dec 2025Diversified Production1021,9301,3680$57.97$4.26
Nov 2025Diversified Production111,7771,2350$60.06$3.79
Oct 2025Diversified Production20411,9661,3980$60.89$3.19
Sep 2025Diversified Production931,6921,1920$63.96$2.97
Aug 2025Diversified Production701,9051,4460$64.86$2.91
Jul 2025Diversified Production35461,5031,1810$68.39$3.20
Jun 2025Diversified Production001,8231,4510$68.17$3.02
May 2025Diversified Production221,9621,5650$62.17$3.12
Apr 2025Diversified Production221,6351,3180$63.54$3.42
Mar 2025Diversified Production721,7711,5050$68.24$4.12
Feb 2025Diversified Production2101,4811,1700$71.53$4.19
Jan 2025Diversified Production702,1701,9070$75.74$4.13
Dec 2024Diversified Production11302,3101,9540$70.12$3.01
Nov 2024Diversified Production202,3791,9960$69.95$2.12
Oct 2024Diversified Production902,3011,9220$71.99$2.20
Sep 2024Diversified Production10302,2271,8950$70.24$2.28
Aug 2024Diversified Production1102,2921,9740$76.68$1.99
Jul 2024Diversified Production912,4242,0190$81.80$2.07
Jun 2024Diversified Production12302,0691,8020$79.77$2.54
May 2024Diversified Production1712,1791,8540$80.02$2.12
Apr 2024Diversified Production102,1961,5950$85.35$1.60
Mar 2024Diversified Production402,3041,6380$81.28$1.49
Feb 2024Diversified Production302,2101,6240$77.25$1.72
Jan 2024Diversified Production7342,0401,8720$74.15$3.18
Dec 2023Diversified Production902,5921,9030$71.90$2.52
Nov 2023Diversified Production1802,3822,0620$77.69$2.71
Oct 2023Diversified Production4352,5252,1620$85.64$2.98
Sep 2023Diversified Production1402,2601,9290$89.43$2.64
Aug 2023Diversified Production602,4681,7750$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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This lease belongs to

OperatorDiversified Production LLCFieldCarthage (Cotton Valley)CountyPanola County

Diversified Production LLC in Panola County

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