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 - Nov 2025
Total Oil Production30,204 BBLs
Total Gas Production3,196,645 MCF
Recent Oil Production54 BBLs in Oct 2025
Recent Gas Production4,502 MCF in Oct 2025
Wells on Property4

Our Valuation Estimates for Gulley M.E. Gas Unit

ShaleAssessment™

$366 *

MarketMultiple™

$22,663 **

* 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 Nov 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
Ax WestmorelandPanola County, TX0 BBLs682,800 MCFNov 2025
Brooks-Williams 1Panola County, TX0 BBLs0 MCFAug 2025
Davis Ella MaePanola County, TX0 BBLs1,336 MCFNov 2025
DownsPanola County, TX0 BBLs2,617 MCFNov 2025
Fields AlPanola County, TX0 BBLs2,459 MCFNov 2025
Furrh-Carter HV UnitPanola County, TX0 BBLs168,194 MCFNov 2025
GalesPanola County, TX0 BBLs544 MCFNov 2025
Guill-Furrh HV UnitPanola County, TX0 BBLs115,017 MCFNov 2025
Harrison HV UnitPanola County, TX0 BBLs162,834 MCFNov 2025
Keller CPanola County, TX0 BBLs1,961 MCFNov 2025
Keller-Lagrone HV UnitPanola County, TX0 BBLs302,146 MCFNov 2025
Louis Werner SawmillPanola County, TX0 BBLs0 MCFMar 2012
Miles Bell Roberson- JD Furrh APanola County, TX0 BBLs229,222 MCFNov 2025
Morelock-White HV UnitPanola County, TX0 BBLs196,640 MCFNov 2025
PattersonPanola County, TX0 BBLs0 MCFSep 2025
Richardson-Lagrone HV UnitPanola County, TX0 BBLs246,322 MCFNov 2025
Richardson-Morelock HV UnitPanola County, TX0 BBLs170,728 MCFNov 2025
SharpPanola County, TX15 BBLs144,285 MCFNov 2025
Stough SistersPanola County, TX0 BBLs430,996 MCFNov 2025
Werner Louis SawmillPanola County, TX0 BBLs243 MCFNov 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, L.P.
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 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