Skip to content
Royalty Clerk

Texas gas well

Producing

WALLACE UNIT

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

1 well

492,607mcf gas, last 12 months−16% vs prior year
Operator
Diversified Production LLC
County
Panola County
Field
Bethany, East (Cotton Valley)
RRC lease
06-265571

Is your check right?

Check my statement

Where it sits

This county

Panola CountyPanolaGreggUpshurShelbyRuskHarrisonMarionPanola County
Panola County
Oil, last 12 months
149 bbl
Gas in Jul 2026
38,287 mcf

Production by month

Gas output fell 16% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output fell 16% over the last 12 monthsMonthly gas production and oil for WALLACE UNIT, Aug 2023 to Jul 2026. Gas output fell 16% over the last 12 months. 492,607 mcf in the 12 months through Jul 2026, against 584,777 mcf in the 12 months before.Last 12 months: 492,607 mcfmcf per monthbbl per month0020k2040k4060k6080k80Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 16% over the last 12 monthsMonthly gas production and oil for WALLACE UNIT, Aug 2023 to Jul 2026. Gas output fell 16% over the last 12 months. 492,607 mcf in the 12 months through Jul 2026, against 584,777 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month0020k2040k4060k6080k80Jan 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
42-365-3776210 HActive

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–
Markwest Energy E TX Gas Co, LLCGas-well gasGathers100May 1, 2026–
Eastex Crude Company, LLCCondensateGathers100Jan 1, 2023May 1, 2026
Enterprise Products Operating LLCGas-well gasGathers100Jan 1, 2023May 1, 2026
Sheridan Production CO Iii, LLCGas-well gasBuys100Mar 1, 2020May 1, 2026
Eastex Crude CompanyCondensateGathers100Aug 1, 2018Jan 1, 2023
Dcp Operating Company, LPGas-well gasGathers100Aug 1, 2018Jan 1, 2023
Sheridan Production Company, LLCGas-well gasBuys100Aug 1, 2018Mar 1, 2020

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

Who buys my oilOil price check

652.92 acres on the newest permit

Permits for Wallace Unit
API numberWell no.Acreson the permit
42-365-3776210 H652.92

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

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for WALLACE UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Diversified Production318538,28738,2870$80.46$2.89
Jun 2026Diversified Production605537,83737,8370$84.81$3.15
May 2026Diversified Production40040,12840,1280$102.13$2.94
Apr 2026Sheridan Production18039,47939,4790$100.32$2.77
Mar 2026Sheridan Production0042,34442,3440$91.38$3.04
Feb 2026Sheridan Production0039,56239,5620$64.51$3.62
Jan 2026Sheridan Production0042,75942,7590$60.04$7.72
Dec 2025Sheridan Production0046,87046,8700$57.97$4.26
Nov 2025Sheridan Production0044,71244,7120$60.06$3.79
Oct 2025Sheridan Production0043,08843,0880$60.89$3.19
Sep 2025Sheridan Production0036,98736,9870$63.96$2.97
Aug 2025Sheridan Production0040,55440,5540$64.86$2.91
Jul 2025Sheridan Production0043,39543,3950$68.39$3.20
Jun 2025Sheridan Production0046,32846,3280$68.17$3.02
May 2025Sheridan Production0051,15751,1570$62.17$3.12
Apr 2025Sheridan Production0052,80852,8080$63.54$3.42
Mar 2025Sheridan Production0053,36253,3620$68.24$4.12
Feb 2025Sheridan Production0056,72356,7230$71.53$4.19
Jan 2025Sheridan Production0065,75765,7570$75.74$4.13
Dec 2024Sheridan Production0056,02756,0270$70.12$3.01
Nov 2024Sheridan Production0059,17959,1790$69.95$2.12
Oct 2024Sheridan Production0048,75648,7560$71.99$2.20
Sep 2024Sheridan Production0026,30026,3000$70.24$2.28
Aug 2024Sheridan Production0024,98524,9850$76.68$1.99
Jul 2024Sheridan Production0024,43824,4380$81.80$2.07
Jun 2024Sheridan Production0024,53724,5370$79.77$2.54
May 2024Sheridan Production0023,82723,8270$80.02$2.12
Apr 2024Sheridan Production0022,45322,4530$85.35$1.60
Mar 2024Sheridan Production0022,98322,9830$81.28$1.49
Feb 2024Sheridan Production0021,32421,3240$77.25$1.72
Jan 2024Sheridan Production0021,91521,9150$74.15$3.18
Dec 2023Sheridan Production0022,12722,1270$71.90$2.52
Nov 2023Sheridan Production0019,63919,6390$77.69$2.71
Oct 2023Sheridan Production0022,53222,5320$85.64$2.98
Sep 2023Sheridan Production0020,76620,7660$89.43$2.64
Aug 2023Sheridan Production0023,60523,6050$81.39$2.58

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

How to check your stub against this lease

Do your checks match this lease?

Check my statement

Nearby

This lease belongs to

OperatorDiversified Production LLCFieldBethany, East (Cotton Valley)CountyPanola County

Diversified Production LLC in Panola County

All Diversified Production LLC leases →

Bethany, East (Cotton Valley) field

All leases in this field →

Leases within 10 km

Drilling permits within 10 km