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Texas gas well

Producing

PETER 2 UNIT

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

1 well

771mcf gas, last 12 months−87% vs prior year
Operator
Diversified Production LLC
County
Panola County
Field
Carthage (Cotton Valley)
RRC lease
06-223005

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Where it sits

This county

Panola CountyPanolaGreggUpshurShelbyRuskHarrisonMarionPanola County
Panola County
Oil, last 12 months
33 bbl
Gas in Jul 2026
63 mcf

Production by month

Gas output fell 87% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output fell 87% over the last 12 monthsMonthly gas production and oil for PETER 2 UNIT, Aug 2023 to Jul 2026. Gas output fell 87% over the last 12 months. 771 mcf in the 12 months through Jul 2026, against 5,915 mcf in the 12 months before.Last 12 months: 771 mcfmcf per monthbbl per month0050011,00021,50032,00042,5005Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 87% over the last 12 monthsMonthly gas production and oil for PETER 2 UNIT, Aug 2023 to Jul 2026. Gas output fell 87% over the last 12 months. 771 mcf in the 12 months through Jul 2026, against 5,915 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month0050011,00021,50032,00042,5005Jan 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 PETER 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 PETER 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% · 554 mcf

  • Lease fuel (1)

    28% · 217 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 PETER 2 UNIT
API numberWell no.Status
42-365-360916Active

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 CompanyCondensateGathers100Sep 14, 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

418.17 acres on the newest permit

A pooling certificate was filed

Permits for Peter 2 Unit
API numberWell no.Acreson the permit
42-365-360916418.17

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

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for PETER 2 UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Diversified Production1063440$80.46$2.89
Jun 2026Diversified Production3568470$84.81$3.15
May 2026Diversified Production41108780$102.13$2.94
Apr 2026Diversified Production1473540$100.32$2.77
Mar 2026Diversified Production3460440$91.38$3.04
Feb 2026Diversified Production5581580$64.51$3.62
Jan 2026Diversified Production2086610$60.04$7.72
Dec 2025Diversified Production3477530$57.97$4.26
Nov 2025Diversified Production3026180$60.06$3.79
Oct 2025Diversified Production34860$60.89$3.19
Sep 2025Diversified Production2455390$63.96$2.97
Aug 2025Diversified Production3066520$64.86$2.91
Jul 2025Diversified Production2470550$68.39$3.20
Jun 2025Diversified Production3264510$68.17$3.02
May 2025Diversified Production3473600$62.17$3.12
Apr 2025Diversified Production2378670$63.54$3.42
Mar 2025Diversified Production3081670$68.24$4.12
Feb 2025Diversified Production5587690$71.53$4.19
Jan 2025Diversified Production34110940$75.74$4.13
Dec 2024Diversified Production321851590$70.12$3.01
Nov 2024Diversified Production449388910$69.95$2.12
Oct 2024Diversified Production341,6701,4200$71.99$2.20
Sep 2024Diversified Production348367270$70.24$2.28
Aug 2024Diversified Production201,7231,4710$76.68$1.99
Jul 2024Diversified Production341,7111,4610$81.80$2.07
Jun 2024Diversified Production421,5421,3150$79.77$2.54
May 2024Diversified Production491,4401,2270$80.02$2.12
Apr 2024Diversified Production301,5061,1080$85.35$1.60
Mar 2024Diversified Production551,5631,1170$81.28$1.49
Feb 2024Diversified Production341,5601,1220$77.25$1.72
Jan 2024Diversified Production441,5421,0890$74.15$3.18
Dec 2023Diversified Production341,5681,1360$71.90$2.52
Nov 2023Diversified Production341,5621,3300$77.69$2.71
Oct 2023Diversified Production301,6891,3960$85.64$2.98
Sep 2023Diversified Production341,6101,3490$89.43$2.64
Aug 2023Diversified Production201,7671,2600$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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This lease belongs to

OperatorDiversified Production LLCFieldCarthage (Cotton Valley)CountyPanola County

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