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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 (Travis Peak Cons.) field.

Gas well dossier

9,514mcf gas, last 12 months−43% vs prior year
Operator
Diversified Production LLC
County
Panola County
Field
Bethany (Travis Peak Cons.)
RRC lease
06-291822

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Where it sits

This county

Panola CountyPanolaGreggUpshurShelbyRuskHarrisonMarionPanola County
Panola County
Oil, last 12 months
74 bbl
Gas in Jul 2026
659 mcf

Production by month

Gas output fell 43% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output fell 43% over the last 12 monthsMonthly gas production and oil for WALLACE UNIT, Aug 2023 to Jul 2026. Gas output fell 43% over the last 12 months. 9,514 mcf in the 12 months through Jul 2026, against 16,568 mcf in the 12 months before.Last 12 months: 9,514 mcfmcf per monthbbl per month001,000202,000403,000604,00080Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 43% over the last 12 monthsMonthly gas production and oil for WALLACE UNIT, Aug 2023 to Jul 2026. Gas output fell 43% over the last 12 months. 9,514 mcf in the 12 months through Jul 2026, against 16,568 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

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, Dec 2021 to Apr 2026; Diversified Production LLC, May 2026 to Jul 202620222023202420252026Changed May 2026Sheridan Production Co III, L…Dec 2021 to Apr 2026Diversified Production LLCMay 2026 to now
Operators of this lease over timeSheridan Production Co III, LLC, Dec 2021 to Apr 2026; Diversified Production LLC, May 2026 to Jul 202620222023202420252026Changed May 2026Sheridan Production Co III, LLCDec 2021 to Apr 2026Diversified Production LLCMay 2026 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Wells on this lease

No wells are linked to this lease in our data

Production is still reported at lease level.

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
Dcp Operating Company, LPGas-well gasGathers100Dec 18, 2021May 1, 2026
Sheridan Production CO Iii, LLCGas-well gasBuys100Dec 18, 2021May 1, 2026
Eastex Crude CompanyCondensateGathers100Dec 18, 2021Jan 1, 2023

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
42-365-322792650.82

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 Production3106596590$80.46$2.89
Jun 2026Diversified Production7115995990$84.81$3.15
May 2026Diversified Production507277270$102.13$2.94
Apr 2026Sheridan Production8115565560$100.32$2.77
Mar 2026Sheridan Production608268260$91.38$3.04
Feb 2026Sheridan Production5136806800$64.51$3.62
Jan 2026Sheridan Production908228220$60.04$7.72
Dec 2025Sheridan Production379529520$57.97$4.26
Nov 2025Sheridan Production508118110$60.06$3.79
Oct 2025Sheridan Production10131,0271,0270$60.89$3.19
Sep 2025Sheridan Production851,0601,0600$63.96$2.97
Aug 2025Sheridan Production577957950$64.86$2.91
Jul 2025Sheridan Production981,2671,2670$68.39$3.20
Jun 2025Sheridan Production17231,1571,1570$68.17$3.02
May 2025Sheridan Production601,4281,4280$62.17$3.12
Apr 2025Sheridan Production7111,4571,4570$63.54$3.42
Mar 2025Sheridan Production19211,2681,2680$68.24$4.12
Feb 2025Sheridan Production24221,0411,0410$71.53$4.19
Jan 2025Sheridan Production28321,1941,1940$75.74$4.13
Dec 2024Sheridan Production12211,3091,3090$70.12$3.01
Nov 2024Sheridan Production1001,2411,2410$69.95$2.12
Oct 2024Sheridan Production24211,5671,5670$71.99$2.20
Sep 2024Sheridan Production19201,7691,7690$70.24$2.28
Aug 2024Sheridan Production27291,8701,8700$76.68$1.99
Jul 2024Sheridan Production1491,8901,8900$81.80$2.07
Jun 2024Sheridan Production4111,9931,9930$79.77$2.54
May 2024Sheridan Production7121,8641,8640$80.02$2.12
Apr 2024Sheridan Production12142,2522,2520$85.35$1.60
Mar 2024Sheridan Production26412,4862,4860$81.28$1.49
Feb 2024Sheridan Production25301,4071,4070$77.25$1.72
Jan 2024Sheridan Production62721,9541,9540$74.15$3.18
Dec 2023Sheridan Production39322,7762,7760$71.90$2.52
Nov 2023Sheridan Production32602,5582,5580$77.69$2.71
Oct 2023Sheridan Production57672,9982,9980$85.64$2.98
Sep 2023Sheridan Production48843,0423,0420$89.43$2.64
Aug 2023Sheridan Production2203,5653,5650$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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Nearby

This lease belongs to

OperatorDiversified Production LLCFieldBethany (Travis Peak Cons.)CountyPanola County

Diversified Production LLC in Panola County

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Bethany (Travis Peak Cons.) field

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New drilling permits in Panola County

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