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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

30,213mcf gas, last 12 months−4% vs prior year
RRC lease
06-249396

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Where it sits

This county

Panola CountyPanolaGreggUpshurShelbyRuskHarrisonMarionPanola County
Panola County
Oil, last 12 months
480 bbl
Gas in Jul 2026
2,459 mcf

Production by month

Gas output fell 4% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output fell 4% over the last 12 monthsMonthly gas production and oil for PETER 2 UNIT, Aug 2023 to Jul 2026. Gas output fell 4% over the last 12 months. 30,213 mcf in the 12 months through Jul 2026, against 31,449 mcf in the 12 months before.Last 12 months: 30,213 mcfmcf per monthbbl per month001,000202,000403,000604,00080Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 4% over the last 12 monthsMonthly gas production and oil for PETER 2 UNIT, Aug 2023 to Jul 2026. Gas output fell 4% over the last 12 months. 30,213 mcf in the 12 months through Jul 2026, against 31,449 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month001,000202,000403,000604,00080Jan 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% · 21,628 mcf

  • Lease fuel (1)

    28% · 8,585 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
42-365-3729411Active

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 CompanyCondensateGathers100Mar 14, 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 gasGathers100Mar 14, 2009Aug 1, 2021
Bp Energy Co.Gas-well gasBuys100Apr 1, 2017Aug 1, 2021

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

418.17 acres on the newest permit

A pooling certificate was filed

Permits for Peter 2 Unit
API numberWell no.Acreson the permit
42-365-3729411418.17

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

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 Production2202,4591,7060$80.46$2.89
Jun 2026Diversified Production37682,4311,6780$84.81$3.15
May 2026Diversified Production4192,2921,6610$102.13$2.94
Apr 2026Diversified Production31622,4261,7940$100.32$2.77
Mar 2026Diversified Production45612,4731,8340$91.38$3.04
Feb 2026Diversified Production60712,2931,6460$64.51$3.62
Jan 2026Diversified Production4102,7261,9260$60.04$7.72
Dec 2025Diversified Production42602,6291,8180$57.97$4.26
Nov 2025Diversified Production4502,4111,6980$60.06$3.79
Oct 2025Diversified Production38622,7011,8590$60.89$3.19
Sep 2025Diversified Production38612,6201,8410$63.96$2.97
Aug 2025Diversified Production4002,7522,1670$64.86$2.91
Jul 2025Diversified Production37622,7192,1240$68.39$3.20
Jun 2025Diversified Production49322,6512,0980$68.17$3.02
May 2025Diversified Production40612,6032,1300$62.17$3.12
Apr 2025Diversified Production44502,5822,2030$63.54$3.42
Mar 2025Diversified Production4402,6572,1950$68.24$4.12
Feb 2025Diversified Production63682,2031,7410$71.53$4.19
Jan 2025Diversified Production48592,5392,1760$75.74$4.13
Dec 2024Diversified Production51352,6702,3000$70.12$3.01
Nov 2024Diversified Production55612,6092,4780$69.95$2.12
Oct 2024Diversified Production45582,7732,3580$71.99$2.20
Sep 2024Diversified Production39592,6742,3270$70.24$2.28
Aug 2024Diversified Production4002,7692,3640$76.68$1.99
Jul 2024Diversified Production45612,8402,4250$81.80$2.07
Jun 2024Diversified Production50322,7792,3690$79.77$2.54
May 2024Diversified Production591292,8662,4410$80.02$2.12
Apr 2024Diversified Production5402,8162,0710$85.35$1.60
Mar 2024Diversified Production67793,0802,2020$81.28$1.49
Feb 2024Diversified Production52582,9512,1230$77.25$1.72
Jan 2024Diversified Production60663,1272,2090$74.15$3.18
Dec 2023Diversified Production49633,1042,2480$71.90$2.52
Nov 2023Diversified Production50632,9042,4730$77.69$2.71
Oct 2023Diversified Production5103,1452,6000$85.64$2.98
Sep 2023Diversified Production36643,1652,6510$89.43$2.64
Aug 2023Diversified Production3603,2812,3390$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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Diversified Production LLC in Panola County

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Carthage (Cotton Valley) field

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