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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

13,973mcf gas, last 12 months−6% vs prior year
Operator
Diversified Production LLC
County
Panola County
Field
Carthage (Cotton Valley)
RRC lease
06-254852

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Where it sits

This county

Panola CountyPanolaGreggUpshurShelbyRuskHarrisonMarionPanola County
Panola County
Oil, last 12 months
136 bbl
Gas in Jul 2026
883 mcf

Production by month

Gas output fell 6% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output fell 6% over the last 12 monthsMonthly gas production and oil for PANOLA 2 UNIT, Aug 2023 to Jul 2026. Gas output fell 6% over the last 12 months. 13,973 mcf in the 12 months through Jul 2026, against 14,906 mcf in the 12 months before.Last 12 months: 13,973 mcfmcf per monthbbl per month00500101,000201,500302,000402,50050Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 6% over the last 12 monthsMonthly gas production and oil for PANOLA 2 UNIT, Aug 2023 to Jul 2026. Gas output fell 6% over the last 12 months. 13,973 mcf in the 12 months through Jul 2026, against 14,906 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

71% of the gas went to a processing plant in the last 12 months

  • Processing plant (3)
  • Lease fuel (1)
71% 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. 71% 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
71% 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. 71% 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)

    71% · 9,950 mcf

  • Lease fuel (1)

    29% · 4,023 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
42-365-3751318Active

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 CompanyCondensateGathers100Dec 13, 2009Jul 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 gasGathers100Dec 13, 2009Aug 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

  • 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 Panola 2 Unit
API numberWell no.Acreson the permit
42-365-3751318688.19

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 Production22298835370$80.46$2.89
Jun 2026Diversified Production15357784810$84.81$3.15
May 2026Diversified Production30341,2538980$102.13$2.94
Apr 2026Diversified Production1121,3861,0060$100.32$2.77
Mar 2026Diversified Production1101,0847900$91.38$3.04
Feb 2026Diversified Production228966510$64.51$3.62
Jan 2026Diversified Production008796760$60.04$7.72
Dec 2025Diversified Production20346515230$57.97$4.26
Nov 2025Diversified Production1228516510$60.06$3.79
Oct 2025Diversified Production001,6411,1420$60.89$3.19
Sep 2025Diversified Production1141,5981,1090$63.96$2.97
Aug 2025Diversified Production202,0731,4860$64.86$2.91
Jul 2025Diversified Production1502,0151,4580$68.39$3.20
Jun 2025Diversified Production12301,6671,1770$68.17$3.02
May 2025Diversified Production921,8951,4460$62.17$3.12
Apr 2025Diversified Production19341,6461,2640$63.54$3.42
Mar 2025Diversified Production18352332330$68.24$4.12
Feb 2025Diversified Production30314034030$71.53$4.19
Jan 2025Diversified Production24337487480$75.74$4.13
Dec 2024Diversified Production1106556550$70.12$3.01
Nov 2024Diversified Production907877870$69.95$2.12
Oct 2024Diversified Production001,4271,3600$71.99$2.20
Sep 2024Diversified Production1711,7111,4690$70.24$2.28
Aug 2024Diversified Production1701,7191,3580$76.68$1.99
Jul 2024Diversified Production1411,6861,3500$81.80$2.07
Jun 2024Diversified Production6331,6301,4740$79.77$2.54
May 2024Diversified Production1021,6771,4600$80.02$2.12
Apr 2024Diversified Production20311,6941,3110$85.35$1.60
Mar 2024Diversified Production1901,8091,3690$81.28$1.49
Feb 2024Diversified Production18311,6781,2610$77.25$1.72
Jan 2024Diversified Production1201,6181,2410$74.15$3.18
Dec 2023Diversified Production1001,6111,2160$71.90$2.52
Nov 2023Diversified Production17331,8051,5580$77.69$2.71
Oct 2023Diversified Production502,0591,7300$85.64$2.98
Sep 2023Diversified Production1201,9481,6180$89.43$2.64
Aug 2023Diversified Production7212,2851,6270$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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