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 - Jan 2026
Total Oil Production30,211 BBLs
Total Gas Production3,205,327 MCF
Recent Oil Production7 BBLs in Dec 2025
Recent Gas Production4,464 MCF in Dec 2025
Wells on Property4

Our Valuation Estimates for Gulley M.E. Gas Unit

ShaleAssessment™

$357 *

MarketMultiple™

$22,947 **

* 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 Jan 2026

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
Ax WestmorelandPanola County, TX0 BBLs518,364 MCFJan 2026
Brooks-Williams 1Panola County, TX0 BBLs0 MCFAug 2025
Davis Ella MaePanola County, TX0 BBLs1,304 MCFJan 2026
Fields AlPanola County, TX0 BBLs2,309 MCFJan 2026
Furrh-Carter HV UnitPanola County, TX0 BBLs222,026 MCFJan 2026
GalesPanola County, TX0 BBLs437 MCFJan 2026
Guill-Furrh HV UnitPanola County, TX0 BBLs171,746 MCFJan 2026
H11G ChristianPanola County, TX0 BBLs46,234 MCFJan 2026
Harrison HV UnitPanola County, TX0 BBLs81,443 MCFJan 2026
Keller CPanola County, TX0 BBLs1,973 MCFJan 2026
Keller-Lagrone HV UnitPanola County, TX0 BBLs330,763 MCFJan 2026
Louis Werner SawmillPanola County, TX0 BBLs0 MCFMar 2012
Miles Bell Roberson- JD Furrh APanola County, TX0 BBLs179,084 MCFJan 2026
Morelock-White HV UnitPanola County, TX0 BBLs172,270 MCFJan 2026
PattersonPanola County, TX0 BBLs0 MCFAug 2025
Richardson-Lagrone HV UnitPanola County, TX0 BBLs244,584 MCFJan 2026
Richardson-Morelock HV UnitPanola County, TX0 BBLs164,139 MCFJan 2026
SharpPanola County, TX48 BBLs135,437 MCFJan 2026
Stough SistersPanola County, TX0 BBLs482,545 MCFJan 2026
Werner Louis SawmillPanola County, TX0 BBLs144 MCFJan 2026

Companies in the Area

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

Company Name
Andrew Alan Exploration, Inc.
Bowles Energy, Inc.
Brookston Energy, Inc.
Burk Royalty Co., LTD.
Chesapeake Operating, Inc.
Devon Energy Production Company, L.P.
EOG Resources Inc
Eqv Operating LLC
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
2025IVY DORSAY ANNGULLEY M E GAS UNIT #5SHERIDAN PROD CO
2025KLEVENHAGEN CAROLYN LAWLESSGULLEY 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 4LNov 2025SHERIDAN PRODUCTION COMPANY III, LLC
06-182991GULLEY M.E. GAS UNIT 4LNov 2025SHERIDAN PRODUCTION COMPANY III, LLC
06-187631GULLEY M.E. GAS UNIT 5Nov 2025SHERIDAN PRODUCTION COMPANY III, LLC
06-187631GULLEY M.E. GAS UNIT 5Nov 2025SHERIDAN PRODUCTION COMPANY III, LLC
06-182991GULLEY M.E. GAS UNIT 4LOct 2025SHERIDAN PRODUCTION COMPANY III, LLC
06-182991GULLEY M.E. GAS UNIT 4LOct 2025SHERIDAN PRODUCTION COMPANY III, LLC
06-187631GULLEY M.E. GAS UNIT 5Oct 2025EASTEX CRUDE COMPANY, LLCSHERIDAN PRODUCTION COMPANY, LLC
06-187631GULLEY M.E. GAS UNIT 5Oct 2025SHERIDAN PRODUCTION COMPANY III, LLC
06-187631GULLEY M.E. GAS UNIT 5Oct 2025SHERIDAN PRODUCTION COMPANY III, LLC
06-182991GULLEY M.E. GAS UNIT 4LSep 2025SHERIDAN PRODUCTION COMPANY III, LLC
06-182991GULLEY M.E. GAS UNIT 4LSep 2025SHERIDAN PRODUCTION COMPANY III, LLC
06-187631GULLEY M.E. GAS UNIT 5Sep 2025SHERIDAN PRODUCTION COMPANY III, LLC
06-187631GULLEY M.E. GAS UNIT 5Sep 2025SHERIDAN PRODUCTION COMPANY III, LLC
06-182991GULLEY M.E. GAS UNIT 4LAug 2025SHERIDAN PRODUCTION COMPANY III, LLC
06-182991GULLEY M.E. GAS UNIT 4LAug 2025SHERIDAN PRODUCTION COMPANY III, LLC
06-187631GULLEY M.E. GAS UNIT 5Aug 2025SHERIDAN PRODUCTION COMPANY III, LLC
06-187631GULLEY M.E. GAS UNIT 5Aug 2025SHERIDAN PRODUCTION COMPANY III, LLC
06-182991GULLEY M.E. GAS UNIT 4LJul 2025SHERIDAN PRODUCTION COMPANY III, LLC
06-182991GULLEY M.E. GAS UNIT 4LJul 2025SHERIDAN PRODUCTION COMPANY III, LLC
06-187631GULLEY M.E. GAS UNIT 5Jul 2025SHERIDAN PRODUCTION COMPANY III, LLC
06-187631GULLEY M.E. GAS UNIT 5Jul 2025SHERIDAN PRODUCTION COMPANY III, LLC
06-182991GULLEY M.E. GAS UNIT 4LJun 2025EASTEX CRUDE COMPANY, LLCSHERIDAN PRODUCTION COMPANY, LLC
06-182991GULLEY M.E. GAS UNIT 4LJun 2025SHERIDAN PRODUCTION COMPANY III, LLC
06-182991GULLEY M.E. GAS UNIT 4LJun 2025SHERIDAN PRODUCTION COMPANY III, LLC
06-187631GULLEY M.E. GAS UNIT 5Jun 2025SHERIDAN PRODUCTION COMPANY III, LLC