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 - Mar 2026
Total Oil Production30,211 BBLs
Total Gas Production3,214,016 MCF
Recent Oil Production0 BBLs in Feb 2026
Recent Gas Production4,114 MCF in Feb 2026
Wells on Property4

Our Valuation Estimates for Gulley M.E. Gas Unit

ShaleAssessment™

$350 *

MarketMultiple™

$25,697 **

* 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 Mar 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 1UDIVERSIFIED PRODUCTION LLCTemp AbandonedPanola County, TX32.275992-94.180747
42-365-34626GULLEY M.E. GAS UNIT 4LDIVERSIFIED PRODUCTION LLCProducingPanola County, TX32.279194-94.181060
42-365-34650GULLEY M.E. GAS UNIT 5DIVERSIFIED PRODUCTION LLCProducingPanola County, TX32.274952-94.172567
42-365-34652GULLEY M.E. GAS UNIT 2DIVERSIFIED PRODUCTION LLCTemp AbandonedPanola County, TX32.270889-94.178024

Leases included in Gulley M.E. Gas Unit

Lease #Lease NameOperatorCountyMonthly Gas Prod.
06-181380GULLEY M.E. GAS UNIT 1UDIVERSIFIED PRODUCTION LLCPanola County, TX
06-182991GULLEY M.E. GAS UNIT 4LSHERIDAN PRODUCTION CO III, LLCPanola County, TX
06-183224GULLEY M.E. GAS UNIT 1UDIVERSIFIED PRODUCTION LLCPanola County, TX
06-185216GULLEY M.E. GAS UNIT 2DEVON ENERGY PRODUCTION CO, L.P.Panola County, TX
06-185217GULLEY M.E. GAS UNIT 2DIVERSIFIED PRODUCTION LLCPanola County, TX
06-187631GULLEY M.E. GAS UNIT 5DIVERSIFIED PRODUCTION 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 BBLs456,077 MCFMar 2026
Brooks-Williams 1Panola County, TX0 BBLs0 MCFAug 2025
Davis Ella MaePanola County, TX0 BBLs1,209 MCFMar 2026
Fields AlPanola County, TX0 BBLs2,024 MCFMar 2026
Furrh-Carter HV UnitPanola County, TX0 BBLs178,052 MCFMar 2026
GalesPanola County, TX174 BBLs2,459 MCFMar 2026
Guill-Furrh HV UnitPanola County, TX0 BBLs150,133 MCFMar 2026
H. H. Lagrone Gu#1Panola County, TX0 BBLs0 MCFOct 2014
H11G ChristianPanola County, TX0 BBLs1,963,702 MCFMar 2026
Harrison HV UnitPanola County, TX0 BBLs177,100 MCFMar 2026
Keller CPanola County, TX0 BBLs1,613 MCFMar 2026
Keller-Lagrone HV UnitPanola County, TX0 BBLs297,044 MCFMar 2026
Louis Werner SawmillPanola County, TX0 BBLs0 MCFMar 2012
Morelock-White HV UnitPanola County, TX0 BBLs133,181 MCFMar 2026
PattersonPanola County, TX0 BBLs0 MCFJan 2026
Richardson-Lagrone HV UnitPanola County, TX0 BBLs210,258 MCFMar 2026
Richardson-Morelock HV UnitPanola County, TX0 BBLs141,977 MCFMar 2026
SharpPanola County, TX0 BBLs118,878 MCFMar 2026
Stough SistersPanola County, TX0 BBLs395,220 MCFMar 2026
Werner Louis SawmillPanola County, TX0 BBLs195 MCFMar 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.
Devon Energy Production Company, L.P.
Diversified Production LLC
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
Samson Lone Star LP
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 4LFeb 2026SHERIDAN PRODUCTION COMPANY III, LLC
06-182991GULLEY M.E. GAS UNIT 4LFeb 2026SHERIDAN PRODUCTION COMPANY III, LLC
06-187631GULLEY M.E. GAS UNIT 5Feb 2026SHERIDAN PRODUCTION COMPANY III, LLC
06-187631GULLEY M.E. GAS UNIT 5Feb 2026SHERIDAN PRODUCTION COMPANY III, LLC
06-182991GULLEY M.E. GAS UNIT 4LJan 2026SHERIDAN PRODUCTION COMPANY III, LLC
06-182991GULLEY M.E. GAS UNIT 4LJan 2026SHERIDAN PRODUCTION COMPANY III, LLC
06-187631GULLEY M.E. GAS UNIT 5Jan 2026SHERIDAN PRODUCTION COMPANY III, LLC
06-187631GULLEY M.E. GAS UNIT 5Jan 2026SHERIDAN PRODUCTION COMPANY III, LLC
06-182991GULLEY M.E. GAS UNIT 4LDec 2025SHERIDAN PRODUCTION COMPANY III, LLC
06-182991GULLEY M.E. GAS UNIT 4LDec 2025SHERIDAN PRODUCTION COMPANY III, LLC
06-187631GULLEY M.E. GAS UNIT 5Dec 2025SHERIDAN PRODUCTION COMPANY III, LLC
06-187631GULLEY M.E. GAS UNIT 5Dec 2025SHERIDAN PRODUCTION COMPANY III, LLC
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