Carthage Gas Unit

Oil & Gas Property in Panola County, TX

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Property Summary

Key data points for Carthage Gas Unit

County	Panola County, TX
Production Dates	Jan 1993 - Jun 2025
Total Oil Production	116,688 BBLs
Total Gas Production	41,392,960 MCF
Recent Oil Production	254 BBLs in May 2025
Recent Gas Production	33,251 MCF in May 2025
Wells on Property	33

Our Valuation Estimates for Carthage Gas Unit

ShaleAssessment™

Not Available

MarketMultiple™

$182,027 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Carthage Gas Unit Production Graph

Aggregated production of all wells and leases associated with this property

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to oil and gas production for Carthage Gas Unit
from Jan 1993 to Jun 2025

Wells on Carthage Gas Unit

API #	Well Name	Operator	Status	County	Est. Daily Oil Prod.	Est. Daily Gas Prod.	Est. Daily Water Prod.	Latitude	Longitude
API #	Well Name	Operator	Status	County	Est. Daily Oil Prod.	Est. Daily Gas Prod.	Est. Daily Water Prod.	Latitude	Longitude
42-365-01500	CARTHAGE GAS UNIT 6-A 1L	MMGL EAST TEXAS III, LLC	SWR-10-Well	Panola County, TX				32.245423	-94.426658
42-365-01526	CARTHAGE GAS UNIT 1 1 T		Gas Well	Panola County, TX				32.204964	-94.484794
42-365-30240	CARTHAGE GAS UNIT 6A 2	MMGL EAST TEXAS III, LLC	Producing	Panola County, TX				32.246467	-94.426099
42-365-30241	CARTHAGE GAS UNIT 3-A 2	MMGL EAST TEXAS III, LLC	Producing	Panola County, TX				32.226173	-94.454583
42-365-30960	CARTHAGE GAS UNIT NO. 3-A 17	MMGL EAST TEXAS III, LLC	Producing	Panola County, TX				32.227001	-94.454054
42-365-31559	CARTHAGE GAS UNIT 3-A 3	MMGL EAST TEXAS III, LLC	Producing	Panola County, TX				32.212161	-94.445635
42-365-32088	CARTHAGE GAS UNIT 6A 3	MMGL EAST TEXAS III, LLC	Producing	Panola County, TX				32.239560	-94.435605
42-365-32238	CARTHAGE GAS UNIT 3-A 4	MMGL EAST TEXAS III, LLC	Producing	Panola County, TX				32.216856	-94.447527
42-365-32350	CARTHAGE GAS UNIT 3-A 5	MMGL EAST TEXAS III, LLC	Producing	Panola County, TX				32.221135	-94.450703
42-365-32377	CARTHAGE GAS UNIT 6A 4	MMGL EAST TEXAS III, LLC	Producing	Panola County, TX				32.241629	-94.426210
42-365-32725	CARTHAGE GAS UNIT 3-A 6	MMGL EAST TEXAS III, LLC	Producing	Panola County, TX				32.222917	-94.456613
42-365-32736	CARTHAGE GAS UNIT 6A 5	MMGL EAST TEXAS III, LLC	Producing	Panola County, TX				32.240472	-94.440888
42-365-33074	CARTHAGE GAS UNIT 6A 6	AMOCO PRODUCTION COMPANY	Permitted Location	Panola County, TX				32.250610	-94.428078
42-365-33077	CARTHAGE GAS UNIT 3-A 7	MMGL EAST TEXAS III, LLC	Producing	Panola County, TX				32.213337	-94.449747
42-365-33205	CARTHAGE GAS UNIT 3-A 8T	MMGL EAST TEXAS III, LLC	Producing	Panola County, TX				32.219114	-94.448779
42-365-33231	CARTHAGE GAS UNIT 3A 9	MMGL EAST TEXAS III, LLC	Producing	Panola County, TX				32.228385	-94.455277
42-365-34128	CARTHAGE GAS UNIT 3-A 10	MMGL EAST TEXAS III, LLC	Producing	Panola County, TX				32.223910	-94.451278
42-365-34598	CARTHAGE GAS UNIT 6A 6	MMGL EAST TEXAS III, LLC	Producing	Panola County, TX				32.250516	-94.427920
42-365-34743	CARTHAGE GAS UNIT 6A 8	MMGL EAST TEXAS III, LLC	Producing	Panola County, TX				32.254309	-94.425372
42-365-34966	CARTHAGE GAS UNIT 3-A 11	MMGL EAST TEXAS III, LLC	Producing	Panola County, TX				32.226530	-94.459146
42-365-34967	CARTHAGE GAS UNIT 3-A 12	MMGL EAST TEXAS III, LLC	Producing	Panola County, TX				32.219092	-94.455291
42-365-34968	CARTHAGE GAS UNIT 3-A 13	MMGL EAST TEXAS III, LLC	Producing	Panola County, TX				32.217041	-94.453112
42-365-34969	CARTHAGE GAS UNIT 3-A 14	MMGL EAST TEXAS III, LLC	Producing	Panola County, TX				32.215004	-94.444939
42-365-35017	CARTHAGE GAS UNIT 6A 9	MMGL EAST TEXAS III, LLC	Temp Abandoned	Panola County, TX				32.245011	-94.421028
42-365-35049	CARTHAGE GAS UNIT 6A 7	MMGL EAST TEXAS III, LLC	Producing	Panola County, TX				32.241093	-94.444260
42-365-35071	CARTHAGE GAS UNIT NO. 3-A 1B	HARLETON OIL & GAS INC.	Producing	Panola County, TX				32.218980	-94.447165
42-365-35151	CARTHAGE GAS UNIT 6A 10	MMGL EAST TEXAS III, LLC	Producing	Panola County, TX				32.256770	-94.425347
42-365-35152	CARTHAGE GAS UNIT 6A 11	MMGL EAST TEXAS III, LLC	Producing	Panola County, TX				32.242830	-94.429345
42-365-35295	CARTHAGE GAS UNIT 3-A 15	MMGL EAST TEXAS III, LLC	Producing	Panola County, TX				32.212436	-94.441954
42-365-35296	CARTHAGE GAS UNIT 3-A 16	MMGL EAST TEXAS III, LLC	Producing	Panola County, TX				32.209231	-94.447211
42-365-35677	CARTHAGE GAS UNIT 6A 12	MMGL EAST TEXAS III, LLC	Producing	Panola County, TX				32.252591	-94.423076
42-365-35742	CARTHAGE GAS UNIT 6A 13	MMGL EAST TEXAS III, LLC	Producing	Panola County, TX				32.250607	-94.422097
42-365-36888	CARTHAGE GAS UNIT 6A 14	MMGL EAST TEXAS III, LLC	Producing	Panola County, TX				32.258586	-94.427574

Leases included in Carthage Gas Unit

Lease #	Lease Name	Operator	County	Monthly Oil Prod.	Monthly Gas Prod.
Lease #	Lease Name	Operator	County	Monthly Oil Prod.	Monthly Gas Prod.
06-029774	CARTHAGE GAS UNIT 1 1 T	PAN AMERICAN PETROLEUM CORP.	Panola County, TX
06-029777	CARTHAGE GAS UNIT 6-A 1L	MMGL EAST TEXAS III, LLC	Panola County, TX
06-030086	CARTHAGE GAS UNIT 6-A 1L	MMGL EAST TEXAS III, LLC	Panola County, TX
06-064335	CARTHAGE GAS UNIT 3A	AMOCO PRODUCTION COMPANY	Panola County, TX
06-071268	CARTHAGE GAS UNIT 3-A 2	MMGL EAST TEXAS III, LLC	Panola County, TX
06-072834	CARTHAGE GAS UNIT 6A 2	MMGL EAST TEXAS III, LLC	Panola County, TX
06-104540	CARTHAGE GAS UNIT 3-A 3	MMGL EAST TEXAS III, LLC	Panola County, TX
06-132213	CARTHAGE GAS UNIT 6A 3	MMGL EAST TEXAS III, LLC	Panola County, TX
06-133477	CARTHAGE GAS UNIT 3-A 4	MMGL EAST TEXAS III, LLC	Panola County, TX
06-136451	CARTHAGE GAS UNIT 3-A 5	MMGL EAST TEXAS III, LLC	Panola County, TX
06-139213	CARTHAGE GAS UNIT 6A 4	MMGL EAST TEXAS III, LLC	Panola County, TX
06-144715	CARTHAGE GAS UNIT 6A 5	MMGL EAST TEXAS III, LLC	Panola County, TX
06-145167	CARTHAGE GAS UNIT 3-A 6	MMGL EAST TEXAS III, LLC	Panola County, TX
06-157947	CARTHAGE GAS UNIT 3-A 7	MMGL EAST TEXAS III, LLC	Panola County, TX
06-159174	CARTHAGE GAS UNIT 3-A 8T	MMGL EAST TEXAS III, LLC	Panola County, TX
06-159209	CARTHAGE GAS UNIT 3A 9	MMGL EAST TEXAS III, LLC	Panola County, TX
06-173443	CARTHAGE GAS UNIT 3-A 10	MMGL EAST TEXAS III, LLC	Panola County, TX
06-183806	CARTHAGE GAS UNIT 6A 6	MMGL EAST TEXAS III, LLC	Panola County, TX
06-185752	CARTHAGE GAS UNIT 6A 8	MMGL EAST TEXAS III, LLC	Panola County, TX
06-192087	CARTHAGE GAS UNIT 3-A 8T	MMGL EAST TEXAS III, LLC	Panola County, TX
06-195727	CARTHAGE GAS UNIT 3-A 14	MMGL EAST TEXAS III, LLC	Panola County, TX
06-196731	CARTHAGE GAS UNIT 3-A 11	MMGL EAST TEXAS III, LLC	Panola County, TX
06-197168	CARTHAGE GAS UNIT 6A 9	MMGL EAST TEXAS III, LLC	Panola County, TX
06-197332	CARTHAGE GAS UNIT 3-A 13	MMGL EAST TEXAS III, LLC	Panola County, TX
06-197333	CARTHAGE GAS UNIT 3-A 12	MMGL EAST TEXAS III, LLC	Panola County, TX
06-197451	CARTHAGE GAS UNIT NO. 3-A 1B	HARLETON OIL & GAS INC.	Panola County, TX
06-197453	CARTHAGE GAS UNIT NO. 3-A 1B	HARLETON OIL & GAS INC.	Panola County, TX
06-199975	CARTHAGE GAS UNIT 6A 7	MMGL EAST TEXAS III, LLC	Panola County, TX
06-200906	CARTHAGE GAS UNIT 6A 11	MMGL EAST TEXAS III, LLC	Panola County, TX
06-203978	CARTHAGE GAS UNIT 6A 10	MMGL EAST TEXAS III, LLC	Panola County, TX
06-207670	CARTHAGE GAS UNIT 3-A 15	MMGL EAST TEXAS III, LLC	Panola County, TX
06-207672	CARTHAGE GAS UNIT 3-A 16	MMGL EAST TEXAS III, LLC	Panola County, TX
06-216074	CARTHAGE GAS UNIT 6A 12	MMGL EAST TEXAS III, LLC	Panola County, TX
06-216523	CARTHAGE GAS UNIT 6A 13	MMGL EAST TEXAS III, LLC	Panola County, TX
06-233299	CARTHAGE GAS UNIT NO. 3-A 17	MMGL EAST TEXAS III, LLC	Panola County, TX
06-233301	CARTHAGE GAS UNIT NO. 3-A 17	MMGL EAST TEXAS III, LLC	Panola County, TX
06-235061	CARTHAGE GAS UNIT 6A 14	MMGL EAST TEXAS III, LLC	Panola County, TX

Operators Associated With Carthage Gas Unit

Harleton Oil & Gas Inc.

Nearby Properties

These are the closest 20 properties to the Carthage Gas Unit property.

Property Name	Location	Oil Prod.	Gas Prod.	Prod. Period
Akins	Panola County, TX	3 BBLs	1,054 MCF	Jun 2025
Beall W.F	Panola County, TX	0 BBLs	11,753 MCF	Jun 2025
Beall-Barksdale	Panola County, TX	0 BBLs	12,135 MCF	Jun 2025
Beall-Norman	Panola County, TX	37 BBLs	18,988 MCF	Jun 2025
Brasher	Panola County, TX	203 BBLs	13,435 MCF	Jun 2025
Eddy Emma	Panola County, TX	0 BBLs	22,041 MCF	May 2025
Edens	Panola County, TX	67 BBLs	10,513 MCF	Jun 2025
Fite J.B. Gas Unit	Panola County, TX	61 BBLs	10,111 MCF	Jun 2025
H.G. Shivers Oil Unit	Panola County, TX	281 BBLs	912 MCF	Jun 2025
Harris	Panola County, TX	0 BBLs	8,166 MCF	Jun 2025
Harrison Vera	Panola County, TX	0 BBLs	18,732 MCF	Jun 2025
Julia Whitfield	Panola County, TX	0 BBLs	885 MCF	Jun 2025
Levenia Rayson Estate	Panola County, TX	0 BBLs	3,005 MCF	Jun 2025
Roquemore	Panola County, TX	115 BBLs	20,827 MCF	Jun 2025
Searcy Gas Unit	Panola County, TX	234 BBLs	25,335 MCF	Jun 2025
Sharp-Smith	Panola County, TX	0 BBLs	2,669 MCF	Jun 2025
Shivers	Panola County, TX	19 BBLs	3,800 MCF	Jun 2025
Shivers-Peeples	Panola County, TX	0 BBLs	0 MCF	Jun 2025
Whitfield	Panola County, TX	0 BBLs	19,399 MCF	Jun 2025
Williams Mayo	Panola County, TX	18 BBLs	4,580 MCF	Jun 2025

Companies in the Area

These are the closest 20 companies operating near the Carthage Gas Unit property.

Company Name
Chevron USA Inc
Chinn Exploration Company
Classic Oil & Gas, Inc.
Comstock Oil & Gas, LLC
Craton Operating LLC
Harleton Oil & Gas Inc.
Kabco Oil & Gas Company
Lacy, R., Inc.
McGoldrick Oil Company
New Horizon Resources LLC
R & C Petroleum, Inc.
R. Lacy Services, LTD.
Sabine Oil & Gas Corporation
Sinclair Development, LLC
Sydri Operating, LLC
Texaco E & P Inc
TGNR East Texas LLC
TGNR Panola LLC
Tri-State Exploration & Prod Inc
XTO Energy Inc.

Owners of Carthage Gas Unit

Royalty Ownership data is obtained from public records

Year	Owner	Property Name	Operator
2025	MERIT ENERGY COMPANY	CARTHAGE GAS UNIT #06-A #2-5	MMGL EAST TEXAS III
2025	MERIT ENERGY COMPANY	CARTHAGE GAS UNIT #03-A #2-6	MMGL EAST TEXAS III
2025	MERIT ENERGY COMPANY	CARTHAGE GAS UNIT #06-A #7	MMGL EAST TEXAS III
2025	MERIT ENERGY COMPANY	CARTHAGE GAS UNIT #03-A #10	MMGL EAST TEXAS III
2025	MERIT ENERGY COMPANY	CARTHAGE GAS UNIT #03-A #16	MMGL EAST TEXAS III
2025	MERIT ENERGY COMPANY	CARTHAGE GAS UNIT #03-A #7	MMGL EAST TEXAS III
2025	MERIT ENERGY COMPANY	CARTHAGE GAS UNIT #03-A #15	MMGL EAST TEXAS III
2025	MERIT ENERGY COMPANY	CARTHAGE GAS UNIT #03-A #15	MMGL EAST TEXAS III
Displaying 8 of 1219 Owners -- Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Carthage Gas Unit

Lease #	Lease Name	Reporting Period	Product	Volume	Value	Gross Price	Purchaser	Producer
Lease #	Lease Name	Reporting Period	Product	Oil Volume	Oil Value	Calculated Oil Price	Purchaser	Producer
06-071268	CARTHAGE GAS UNIT 3-A 2	Mar 2025					MARKWEST ENERGY EAST TEXAS GAS COMPANY, L.L.C.	CHEVRON U.S.A. INC.
06-071268	CARTHAGE GAS UNIT 3-A 2	Mar 2025					MARKWEST ENERGY EAST TEXAS GAS COMPANY, L.L.C.	CHEVRON U.S.A. INC.
06-071268	CARTHAGE GAS UNIT 3-A 2	Mar 2025					CHEVRON U.S.A. INC.	CHEVRON U.S.A. INC.
06-071268	CARTHAGE GAS UNIT 3-A 2	Mar 2025						MMGL EAST TEXAS III, LLC
06-071268	CARTHAGE GAS UNIT 3-A 2	Mar 2025						MMGL EAST TEXAS III, LLC
06-072834	CARTHAGE GAS UNIT 6A 2	Mar 2025						MMGL EAST TEXAS III, LLC
06-072834	CARTHAGE GAS UNIT 6A 2	Mar 2025						MMGL EAST TEXAS III, LLC
06-072834	CARTHAGE GAS UNIT 6A 2	Mar 2025					PLAINS MARKETING, L.P.	MMGL EAST TEXAS III, LLC
06-104540	CARTHAGE GAS UNIT 3-A 3	Mar 2025						MMGL EAST TEXAS III, LLC
06-104540	CARTHAGE GAS UNIT 3-A 3	Mar 2025						MMGL EAST TEXAS III, LLC
06-132213	CARTHAGE GAS UNIT 6A 3	Mar 2025						MMGL EAST TEXAS III, LLC
06-132213	CARTHAGE GAS UNIT 6A 3	Mar 2025						MMGL EAST TEXAS III, LLC
06-132213	CARTHAGE GAS UNIT 6A 3	Mar 2025					PLAINS MARKETING, L.P.	MMGL EAST TEXAS III, LLC
06-133477	CARTHAGE GAS UNIT 3-A 4	Mar 2025					MARKWEST ENERGY EAST TEXAS GAS COMPANY, L.L.C.	CHEVRON U.S.A. INC.
06-133477	CARTHAGE GAS UNIT 3-A 4	Mar 2025					MARKWEST ENERGY EAST TEXAS GAS COMPANY, L.L.C.	CHEVRON U.S.A. INC.
06-133477	CARTHAGE GAS UNIT 3-A 4	Mar 2025					CHEVRON U.S.A. INC.	CHEVRON U.S.A. INC.
06-133477	CARTHAGE GAS UNIT 3-A 4	Mar 2025						MMGL EAST TEXAS III, LLC
06-133477	CARTHAGE GAS UNIT 3-A 4	Mar 2025						MMGL EAST TEXAS III, LLC
06-136451	CARTHAGE GAS UNIT 3-A 5	Mar 2025					MARKWEST ENERGY EAST TEXAS GAS COMPANY, L.L.C.	CHEVRON U.S.A. INC.
06-136451	CARTHAGE GAS UNIT 3-A 5	Mar 2025					MARKWEST ENERGY EAST TEXAS GAS COMPANY, L.L.C.	CHEVRON U.S.A. INC.
06-136451	CARTHAGE GAS UNIT 3-A 5	Mar 2025					CHEVRON U.S.A. INC.	CHEVRON U.S.A. INC.
06-136451	CARTHAGE GAS UNIT 3-A 5	Mar 2025						MMGL EAST TEXAS III, LLC
06-136451	CARTHAGE GAS UNIT 3-A 5	Mar 2025						MMGL EAST TEXAS III, LLC
06-139213	CARTHAGE GAS UNIT 6A 4	Mar 2025						MMGL EAST TEXAS III, LLC
06-139213	CARTHAGE GAS UNIT 6A 4	Mar 2025						MMGL EAST TEXAS III, LLC