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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

24,705mcf gas, last 12 months+19% vs prior year
Operator
Diversified Production LLC
County
Panola County
Field
Carthage (Cotton Valley)
RRC lease
06-234102

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Where it sits

This county

Panola CountyPanolaGreggUpshurShelbyRuskHarrisonMarionPanola County
Panola County
Oil, last 12 months
255 bbl
Gas in Jul 2026
2,174 mcf

Production by month

Gas output rose 19% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output rose 19% over the last 12 monthsMonthly gas production and oil for PETER 2 UNIT, Aug 2023 to Jul 2026. Gas output rose 19% over the last 12 months. 24,705 mcf in the 12 months through Jul 2026, against 20,678 mcf in the 12 months before.Last 12 months: 24,705 mcfmcf per monthbbl per month00500101,000201,500302,000402,50050Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output rose 19% over the last 12 monthsMonthly gas production and oil for PETER 2 UNIT, Aug 2023 to Jul 2026. Gas output rose 19% over the last 12 months. 24,705 mcf in the 12 months through Jul 2026, against 20,678 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 PETER 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 PETER 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% · 17,653 mcf

  • Lease fuel (1)

    29% · 7,052 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
42-365-366589Active

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 CompanyCondensateGathers100Oct 19, 2007Jul 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
42-365-366589418.17

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 Production1202,1741,5090$80.46$2.89
Jun 2026Diversified Production19362,0831,4380$84.81$3.15
May 2026Diversified Production2251,9951,4460$102.13$2.94
Apr 2026Diversified Production17332,1141,5630$100.32$2.77
Mar 2026Diversified Production23322,2111,6400$91.38$3.04
Feb 2026Diversified Production32381,9921,4300$64.51$3.62
Jan 2026Diversified Production2202,2401,5830$60.04$7.72
Dec 2025Diversified Production23322,2141,5310$57.97$4.26
Nov 2025Diversified Production2402,0491,4430$60.06$3.79
Oct 2025Diversified Production20332,1121,4540$60.89$3.19
Sep 2025Diversified Production20321,8431,2950$63.96$2.97
Aug 2025Diversified Production2101,6781,3210$64.86$2.91
Jul 2025Diversified Production20331,6671,3020$68.39$3.20
Jun 2025Diversified Production25171,5801,2500$68.17$3.02
May 2025Diversified Production21321,8271,4950$62.17$3.12
Apr 2025Diversified Production24271,7741,5130$63.54$3.42
Mar 2025Diversified Production2401,8651,5410$68.24$4.12
Feb 2025Diversified Production33361,5291,2080$71.53$4.19
Jan 2025Diversified Production25311,8161,5560$75.74$4.13
Dec 2024Diversified Production28191,8561,5990$70.12$3.01
Nov 2024Diversified Production30331,8271,7350$69.95$2.12
Oct 2024Diversified Production23301,9171,6300$71.99$2.20
Sep 2024Diversified Production20281,5131,3160$70.24$2.28
Aug 2024Diversified Production1801,5071,2860$76.68$1.99
Jul 2024Diversified Production24322,0981,7910$81.80$2.07
Jun 2024Diversified Production26172,1181,8060$79.77$2.54
May 2024Diversified Production32692,2141,8860$80.02$2.12
Apr 2024Diversified Production2902,1751,6000$85.35$1.60
Mar 2024Diversified Production35422,3311,6670$81.28$1.49
Feb 2024Diversified Production28302,3201,6690$77.25$1.72
Jan 2024Diversified Production31351,9271,3610$74.15$3.18
Dec 2023Diversified Production27342,3221,6820$71.90$2.52
Nov 2023Diversified Production26342,3071,9640$77.69$2.71
Oct 2023Diversified Production2802,4362,0140$85.64$2.98
Sep 2023Diversified Production19341,5101,2650$89.43$2.64
Aug 2023Diversified Production1901,3449580$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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