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Texas gas well

Producing

WALLACE UNIT

Wallace Unit is a gas well in Panola County, Texas, operated by Diversified Production LLC in the Bethany (Travis Peak) field.

1 well

53,951mcf gas, last 12 months−5% vs prior year
Operator
Diversified Production LLC
County
Panola County
Field
Bethany (Travis Peak)
RRC lease
06-131551

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Where it sits

This county

Panola CountyPanolaGreggUpshurShelbyRuskHarrisonMarionPanola County
Panola County
Oil, last 12 months
255 bbl
Gas in Jul 2026
6,090 mcf

Production by month

Gas output fell 5% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output fell 5% over the last 12 monthsMonthly gas production and oil for WALLACE UNIT, Aug 2023 to Jul 2026. Gas output fell 5% over the last 12 months. 53,951 mcf in the 12 months through Jul 2026, against 57,079 mcf in the 12 months before.Last 12 months: 53,951 mcfmcf per monthbbl per month002,000204,000406,000608,00080Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 5% over the last 12 monthsMonthly gas production and oil for WALLACE UNIT, Aug 2023 to Jul 2026. Gas output fell 5% over the last 12 months. 53,951 mcf in the 12 months through Jul 2026, against 57,079 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month002,000204,000406,000608,00080Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to a transmission line in the last 12 months

All of the gas went to a transmission line in the last 12 monthsShare of WALLACE UNIT gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a transmission line in the last 12 monthsShare of WALLACE UNIT gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line 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.

Who has run this lease

The operator changed once, most recently in May 2026

Operators of this lease over timeSheridan Production Co III, LLC, Jan 2020 to Apr 2026; Diversified Production LLC, May 2026 to Jul 20262020202120222023202420252026Changed May 2026Sheridan Production Co III, L…Jan 2020 to Apr 2026Diversified Production LLCMay 2026 to now
Operators of this lease over timeSheridan Production Co III, LLC, Jan 2020 to Apr 2026; Diversified Production LLC, May 2026 to Jul 20262020202120222023202420252026Changed May 2026Sheridan Production Co III, LLCJan 2020 to Apr 2026Diversified Production LLCMay 2026 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on WALLACE UNIT
API numberWell no.Status
42-365-320223Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Dk Trading & Supply, LLCCondensateGathers34May 1, 2026–
Eastex Crude Company, LLCCondensateGathers33May 1, 2026–
Plains Marketing, L.p.CondensateGathers33May 1, 2026–
Diversified Production LLCGas-well gasBuys100May 1, 2026–
Dcp Operating Company, LPGas-well gasGathers100Apr 1, 2017–
Eastex Crude Company, LLCCondensateGathers100Jan 1, 2023May 1, 2026
Sheridan Production CO Iii, LLCGas-well gasBuys100Mar 1, 2020May 1, 2026
Eastex Crude CompanyCondensateGathers100Apr 1, 2002Jan 1, 2023
Sheridan Production Company, LLCGas-well gasBuys100Aug 1, 2019Mar 1, 2020
Devon Gas Services, L.p.Gas-well gasBuys100Jun 28, 2016Aug 1, 2019

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

Who buys my oilOil price check

650.82 acres on the newest permit

A pooling certificate was filed

Permits for Wallace Unit
API numberWell no.Acreson the permit
42-365-320223650.82

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

Unit decimal checker

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36 months, newest first

Ledger for WALLACE UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Diversified Production14386,0906,0900$80.46$2.89
Jun 2026Diversified Production26405,7535,7530$84.81$3.15
May 2026Diversified Production1707,0907,0900$102.13$2.94
Apr 2026Sheridan Production27403,3503,3500$100.32$2.77
Mar 2026Sheridan Production2205,6185,6180$91.38$3.04
Feb 2026Sheridan Production18393,9983,9980$64.51$3.62
Jan 2026Sheridan Production2501,8431,8430$60.04$7.72
Dec 2025Sheridan Production12244,5614,5610$57.97$4.26
Nov 2025Sheridan Production1603,1823,1820$60.06$3.79
Oct 2025Sheridan Production35444,6344,6340$60.89$3.19
Sep 2025Sheridan Production26155,4385,4380$63.96$2.97
Aug 2025Sheridan Production17242,3942,3940$64.86$2.91
Jul 2025Sheridan Production33295,4855,4850$68.39$3.20
Jun 2025Sheridan Production59725,3275,3270$68.17$3.02
May 2025Sheridan Production2006,0446,0440$62.17$3.12
Apr 2025Sheridan Production974,5844,5840$63.54$3.42
Mar 2025Sheridan Production005,5045,5040$68.24$4.12
Feb 2025Sheridan Production004,9284,9280$71.53$4.19
Jan 2025Sheridan Production002,7542,7540$75.74$4.13
Dec 2024Sheridan Production002,9062,9060$70.12$3.01
Nov 2024Sheridan Production003,6983,6980$69.95$2.12
Oct 2024Sheridan Production003,8683,8680$71.99$2.20
Sep 2024Sheridan Production006,0606,0600$70.24$2.28
Aug 2024Sheridan Production115,9215,9210$76.68$1.99
Jul 2024Sheridan Production006,4526,4520$81.80$2.07
Jun 2024Sheridan Production024,6854,6850$79.77$2.54
May 2024Sheridan Production023,9473,9470$80.02$2.12
Apr 2024Sheridan Production245,3845,3840$85.35$1.60
Mar 2024Sheridan Production8105,5195,5190$81.28$1.49
Feb 2024Sheridan Production675,2805,2800$77.25$1.72
Jan 2024Sheridan Production14164,3494,3490$74.15$3.18
Dec 2023Sheridan Production975,6735,6730$71.90$2.52
Nov 2023Sheridan Production7134,5894,5890$77.69$2.71
Oct 2023Sheridan Production14156,2686,2680$85.64$2.98
Sep 2023Sheridan Production10174,9394,9390$89.43$2.64
Aug 2023Sheridan Production505,9795,9790$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 LLCFieldBethany (Travis Peak)CountyPanola County

Diversified Production LLC in Panola County

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