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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

29,940mcf gas, last 12 months−10% vs prior year
Operator
Diversified Production LLC
County
Panola County
Field
Carthage (Cotton Valley)
RRC lease
06-246667

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Where it sits

This county

Panola CountyPanolaGreggUpshurShelbyRuskHarrisonMarionPanola County
Panola County
Oil, last 12 months
380 bbl
Gas in Jul 2026
3,173 mcf

Production by month

Gas output fell 10% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output fell 10% over the last 12 monthsMonthly gas production and oil for PANOLA 2 UNIT, Aug 2023 to Jul 2026. Gas output fell 10% over the last 12 months. 29,940 mcf in the 12 months through Jul 2026, against 33,437 mcf in the 12 months before.Last 12 months: 29,940 mcfmcf per monthbbl per month001,000252,000503,000754,0001005,000125Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 10% over the last 12 monthsMonthly gas production and oil for PANOLA 2 UNIT, Aug 2023 to Jul 2026. Gas output fell 10% over the last 12 months. 29,940 mcf in the 12 months through Jul 2026, against 33,437 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month001,000252,000503,000754,0001005,000125Jan 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% · 21,682 mcf

  • Lease fuel (1)

    28% · 8,258 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
42-365-3713216Active

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 22, 2008Jul 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 22, 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

  • 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.

Check your decimal on this lease
Permits for Panola 2 Unit
API numberWell no.Acreson the permit
42-365-3713216688.19

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 Production441283,1732,3220$80.46$2.89
Jun 2026Diversified Production4563,1762,1690$84.81$3.15
May 2026Diversified Production1023,1312,2150$102.13$2.94
Apr 2026Diversified Production661372,9302,2300$100.32$2.77
Mar 2026Diversified Production2203,0372,3370$91.38$3.04
Feb 2026Diversified Production3731,3749580$64.51$3.62
Jan 2026Diversified Production1801,8551,3540$60.04$7.72
Dec 2025Diversified Production2752,5331,7950$57.97$4.26
Nov 2025Diversified Production542,1231,4760$60.06$3.79
Oct 2025Diversified Production581231,5771,1210$60.89$3.19
Sep 2025Diversified Production2682,0961,4770$63.96$2.97
Aug 2025Diversified Production2202,9352,2280$64.86$2.91
Jul 2025Diversified Production1061392,4161,8990$68.39$3.20
Jun 2025Diversified Production002,4631,9610$68.17$3.02
May 2025Diversified Production552,8472,2710$62.17$3.12
Apr 2025Diversified Production662,8982,3350$63.54$3.42
Mar 2025Diversified Production2162,9482,5050$68.24$4.12
Feb 2025Diversified Production6302,6232,0720$71.53$4.19
Jan 2025Diversified Production2202,6032,2880$75.74$4.13
Dec 2024Diversified Production30892,9782,5180$70.12$3.01
Nov 2024Diversified Production602,8392,3820$69.95$2.12
Oct 2024Diversified Production2702,9242,4420$71.99$2.20
Sep 2024Diversified Production32902,9142,4800$70.24$2.28
Aug 2024Diversified Production3302,9842,5710$76.68$1.99
Jul 2024Diversified Production2623,0892,5730$81.80$2.07
Jun 2024Diversified Production35912,9972,6100$79.77$2.54
May 2024Diversified Production5133,1552,6850$80.02$2.12
Apr 2024Diversified Production403,0392,2070$85.35$1.60
Mar 2024Diversified Production1213,1922,2690$81.28$1.49
Feb 2024Diversified Production1002,9982,2030$77.25$1.72
Jan 2024Diversified Production201022,6852,4640$74.15$3.18
Dec 2023Diversified Production2703,2672,3980$71.90$2.52
Nov 2023Diversified Production5503,1862,7580$77.69$2.71
Oct 2023Diversified Production141073,3552,8730$85.64$2.98
Sep 2023Diversified Production4203,2912,8100$89.43$2.64
Aug 2023Diversified Production1703,3982,4440$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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Carthage (Cotton Valley) field

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