Gulley M.E. Gas Unit

Oil & Gas Property in Panola County, TX

  2. Texas
  3. Panola County, TX
  4. Oil & Gas Properties in Panola County, TX
  5. Gulley M.E. Gas Unit Oil & Gas Property

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Property Summary

Key data points for Gulley M.E. Gas Unit

CountyPanola County, TX
Production DatesJan 2001 - Jul 2025
Total Oil Production30,150 BBLs
Total Gas Production3,178,913 MCF
Recent Oil Production92 BBLs in Jun 2025
Recent Gas Production4,568 MCF in Jun 2025
Wells on Property4

Our Valuation Estimates for Gulley M.E. Gas Unit

ShaleAssessment™

$385 *

MarketMultiple™

$26,343 **

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

Based on a decimal interest

Gulley M.E. 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 Gulley M.E. Gas Unit
from Jan 2001 to Jul 2025

Wells on Gulley M.E. Gas Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-365-34539GULLEY M.E. GAS UNIT 1USHERIDAN PRODUCTION CO III, LLCTemp AbandonedPanola County, TX32.275992-94.180747
42-365-34626GULLEY M.E. GAS UNIT 4LSHERIDAN PRODUCTION CO III, LLCProducingPanola County, TX32.279194-94.181060
42-365-34650GULLEY M.E. GAS UNIT 5SHERIDAN PRODUCTION CO III, LLCProducingPanola County, TX32.274952-94.172567
42-365-34652GULLEY M.E. GAS UNIT 2SHERIDAN PRODUCTION CO III, LLCTemp AbandonedPanola County, TX32.270889-94.178024

Leases included in Gulley M.E. Gas Unit

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
06-181380GULLEY M.E. GAS UNIT 1USHERIDAN PRODUCTION CO III, LLCPanola County, TX
06-182991GULLEY M.E. GAS UNIT 4LSHERIDAN PRODUCTION CO III, LLCPanola County, TX
06-183224GULLEY M.E. GAS UNIT 1USHERIDAN PRODUCTION CO III, LLCPanola County, TX
06-185216GULLEY M.E. GAS UNIT 2DEVON ENERGY PRODUCTION CO, L.P.Panola County, TX
06-185217GULLEY M.E. GAS UNIT 2SHERIDAN PRODUCTION CO III, LLCPanola County, TX
06-187631GULLEY M.E. GAS UNIT 5SHERIDAN PRODUCTION CO III, LLCPanola County, TX
06-195361GULLEY M.E. GAS UNIT 4LSHERIDAN PRODUCTION CO III, LLCPanola County, TX

Operators Associated With Gulley M.E. Gas Unit

Nearby Properties

These are the closest 20 properties to the Gulley M.E. Gas Unit property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Bell MilesPanola County, TX57 BBLs10,116 MCFJul 2025
Brooks-Williams 1Panola County, TX0 BBLs232 MCFJul 2025
Davis Ella MaePanola County, TX0 BBLs1,314 MCFJul 2025
Fields AlPanola County, TX94 BBLs2,306 MCFJul 2025
Furrh-Carter HV UnitPanola County, TX0 BBLs193,562 MCFJul 2025
GalesPanola County, TX0 BBLs1,182 MCFJul 2025
Guill-Furrh HV UnitPanola County, TX0 BBLs134,282 MCFJul 2025
Harrison HV UnitPanola County, TX0 BBLs209,289 MCFJul 2025
Keller CPanola County, TX54 BBLs1,742 MCFJul 2025
Keller-Lagrone HV UnitPanola County, TX0 BBLs336,936 MCFJul 2025
Lagrone H. H. Gu 1Panola County, TX0 BBLs250 MCFJun 2025
Louis Werner SawmillPanola County, TX0 BBLs0 MCFMar 2012
Miles Bell Roberson- JD Furrh APanola County, TX0 BBLs172,952 MCFJul 2025
Morelock-White HV UnitPanola County, TX0 BBLs241,430 MCFJul 2025
PattersonPanola County, TX0 BBLs1,643 MCFJul 2025
Richardson-Lagrone HV UnitPanola County, TX0 BBLs237,784 MCFJul 2025
Richardson-Morelock HV UnitPanola County, TX0 BBLs198,880 MCFJul 2025
SharpPanola County, TX5 BBLs165,739 MCFJul 2025
Stough SistersPanola County, TX0 BBLs517,675 MCFJul 2025
Werner Louis SawmillPanola County, TX0 BBLs282 MCFJul 2025

Companies in the Area

These are the closest 20 companies operating near the Gulley M.E. Gas Unit property.

Company Name
Amplify Energy Operating LLC
Andrew Alan Exploration, Inc.
Bowles Energy, Inc.
Brookston Energy, Inc.
Burk Royalty Co., LTD.
Chesapeake Operating, Inc.
Devon Energy Production Company LP
EOG Resources, Inc.
Fina Oil And Chemical Company
Finaly Resources LLC
Hill Production Company
Hoell Operating, LLC
Petroleum Production MGMT., Inc.
Rockcliff Energy Operating LLC
S M K Energy Corporation
Sheridan Production Co III, LLC
Silver Hill Energy Operating, LLC
Sonat Exploration Company -Tyler
TGNR East Texas II LLC
XTO Energy Inc.

Owners of Gulley M.E. Gas Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025SHERIDAN PRODUCTION CO LLCGULLEY M E GAS UNIT #5SHERIDAN PROD CO
2025SHERIDAN PRODUCTION CO LLCGULLEY M E GAS UNIT #4-USHERIDAN PROD CO
2025SHERIDAN PRODUCTION CO LLCGULLEY M E GAS UNIT #2SHERIDAN PROD CO
2025HORTON BENJAMIN PRENTIS III TRGULLEY M E GAS UNIT #5SHERIDAN PROD CO
2025LAGOW KARENGULLEY M E GAS UNIT #5SHERIDAN PROD CO
2025LEATHRUM LAURAGULLEY M E GAS UNIT #5SHERIDAN PROD CO
2025KLEVENHAGEN CAROLYN LAWLESSGULLEY M E GAS UNIT #5SHERIDAN PROD CO
2025WHITE CLIFTONGULLEY M E GAS UNIT #5SHERIDAN PROD CO
Displaying 8 of 211 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Gulley M.E. Gas Unit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
06-182991GULLEY M.E. GAS UNIT 4LMar 2025EASTEX CRUDE COMPANY, LLCSHERIDAN PRODUCTION COMPANY, LLC
06-182991GULLEY M.E. GAS UNIT 4LMar 2025SHERIDAN PRODUCTION COMPANY III, LLC
06-182991GULLEY M.E. GAS UNIT 4LMar 2025SHERIDAN PRODUCTION COMPANY III, LLC
06-187631GULLEY M.E. GAS UNIT 5Mar 2025SHERIDAN PRODUCTION COMPANY III, LLC
06-187631GULLEY M.E. GAS UNIT 5Mar 2025SHERIDAN PRODUCTION COMPANY III, LLC
06-182991GULLEY M.E. GAS UNIT 4LFeb 2025SHERIDAN PRODUCTION COMPANY III, LLC
06-182991GULLEY M.E. GAS UNIT 4LFeb 2025SHERIDAN PRODUCTION COMPANY III, LLC
06-187631GULLEY M.E. GAS UNIT 5Feb 2025SHERIDAN PRODUCTION COMPANY III, LLC
06-187631GULLEY M.E. GAS UNIT 5Feb 2025SHERIDAN PRODUCTION COMPANY III, LLC
06-182991GULLEY M.E. GAS UNIT 4LJan 2025EASTEX CRUDE COMPANY, LLCSHERIDAN PRODUCTION COMPANY, LLC
06-182991GULLEY M.E. GAS UNIT 4LJan 2025SHERIDAN PRODUCTION COMPANY III, LLC
06-182991GULLEY M.E. GAS UNIT 4LJan 2025SHERIDAN PRODUCTION COMPANY III, LLC
06-187631GULLEY M.E. GAS UNIT 5Jan 2025SHERIDAN PRODUCTION COMPANY III, LLC
06-187631GULLEY M.E. GAS UNIT 5Jan 2025SHERIDAN PRODUCTION COMPANY III, LLC
06-182991GULLEY M.E. GAS UNIT 4LDec 2024SHERIDAN PRODUCTION COMPANY, LLC
06-182991GULLEY M.E. GAS UNIT 4LDec 2024SHERIDAN PRODUCTION COMPANY, LLC
06-187631GULLEY M.E. GAS UNIT 5Dec 2024SHERIDAN PRODUCTION COMPANY, LLC
06-187631GULLEY M.E. GAS UNIT 5Dec 2024SHERIDAN PRODUCTION COMPANY, LLC
06-182991GULLEY M.E. GAS UNIT 4LNov 2024SHERIDAN PRODUCTION COMPANY, LLC
06-182991GULLEY M.E. GAS UNIT 4LNov 2024SHERIDAN PRODUCTION COMPANY, LLC
06-187631GULLEY M.E. GAS UNIT 5Nov 2024SHERIDAN PRODUCTION COMPANY, LLC
06-187631GULLEY M.E. GAS UNIT 5Nov 2024SHERIDAN PRODUCTION COMPANY, LLC
06-182991GULLEY M.E. GAS UNIT 4LOct 2024SHERIDAN PRODUCTION COMPANY, LLC
06-182991GULLEY M.E. GAS UNIT 4LOct 2024SHERIDAN PRODUCTION COMPANY, LLC
06-187631GULLEY M.E. GAS UNIT 5Oct 2024SHERIDAN PRODUCTION COMPANY, LLC