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TEXAS · WELLS · PANOLA COUNTY · WALLACE UNIT LEASE · API 42-365-32262 · DISTRICT 06

Wallace Unit #4

On schedule

Panola County · Bethany East (Cotton Valley) field · Producing  · Vertical

Permitted field
Deberry (Cotton Valley Lower)

Wallace Unit #4 (API 42-365-32262) is a well in Panola County operated by Diversified Production LLC, completed May 12, 1998 and listed as producing on the RRC schedule.

The RRC has issued one drilling permit, issued January 4, 1990, permitted to 9,700 ft.

It was permitted by Pennzoil Exploration & Prod. CO. and has since transferred to Diversified Production LLC on the wellbore schedule.

Completion filings report 6 formation tops, including Paluxy, Glen Rose, BMA, Sligo.

Its lease has reported 24K barrels of oil and 1.87M mcf of gas since the record begins in January 1993, last reporting volume in April 2026.

Operator of record

Diversified Production LLC

Permitted by Pennzoil Exploration & Prod. Co.; the EWA schedule now lists a different operator.

Based in
Keithville, LA
P-5 status
Active – Extension (X)
P-5 last filed
Mar 25, 2026
Permits on file
11
Phone
(318) 751-3917
Create operator alert

SOURCE · RRC EWA WELLBORE SCHEDULE

What each RRC source says

Wellbore scheduleDiversified Production LLC
Production reportsDiversified Production LLCthrough Apr 2026
Latest permitPennzoil Exploration & Prod. Co.Jan 4, 1990

The sources disagree, which usually means a transfer or a lease-level production filing by a different entity. Petrora goes with the schedule.

9,700
total depth, ft
1
permits on file
Jan 4, 1990
last permit issued
May 12, 1998
completed
24K
cumulative oil, bbl
1.87M
cumulative gas, mcf

PRODUCTION FROM PDQ LEASE REPORTS · ON RECORD FROM JAN 1993, THE RECORD'S FIRST MONTH, THROUGH APR 2026

On this page6 formation topsLease production

Regulatory status · RRC wellbore file

Schedule
ON SCHEDULE
Completed
May 12, 1998
Shut in
—
Plugged
—

Operator's P-5 on the schedule: Active (A)

Surface location

No coordinates on the permit record yet. The RRC's GIS record usually lands within days of issuance; historical master-file permits never carry one.

Wells nearby

Every well with a location on file around this well, in any state, nearest first.

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Texas locations come from drilling permits, so most older Texas wells have none and are not listed.

Lease production

PDQ LEASE REPORTS · REPORTED THROUGH APR 2026

Texas reports oil by lease, not by well. These are the lease this well is completed on; this well is the only one on it.Why →

LeaseFieldReporting operatorWellsOil, bblGas, mcfReported
Wallace Unit G-6-134936Bethany, East (Cotton Valley)Diversified Production LLC124K1.87Mby Jan 1993 – Apr 2026

Gas, mcf lease total

Last 12 months 19,566 · prior 12 17,423(+12%)

01K2K202420252026

Wells named Wallace Unit

Diversified Production LLC's other wells filed under this lease name in Panola County, newest permit first. The RRC gives a gas well its own lease number, so the name is what joins the wells of a unit.

Loading the lease's wells

Chain of custody

Every operator that reported production on this well's lease, in order.

  1. 1Pennzoil Exploration & Prod. Co.Jan 1993 → Feb 1999
  2. 2Pennzenergy Exp. & Prod., L.L.C.Mar 1999 → Mar 2000
  3. 3Devon Energy Production Co, L.P.Apr 2000 → Jun 2016
  4. 4Sheridan Production Company, LLCJul 2016 → Dec 2019
  5. 5Sheridan Production Co III, LLCJan 2020 → Apr 2026

Permits

PermitTypeOperatorReceivedIssuedSpudDepth
367992-99DrillPennzoil Exploration & Prod. Co.Dec 27, 1989Jan 4, 1990Feb 18, 19909,800

Completions

CompletedLeaseFieldOperatorStatusDepth
May 12, 1998Wallace Unit G-6-134936Bethany East (Cotton Valley)Diversified Production LLCProducing9,700

Formation tops

As filed on W-2/G-1. Subsea from 269 ft elevation.Download CSV →

FormationMD ftSubsea
Paluxy2,688-2,419
Glen Rose3,028-2,759
BMA4,792-4,523
Sligo5,590-5,321
Travis Peak5,940-5,671
Cotton Valley8,106-7,837

Perforations

Perforated and open-hole intervals.

FromToType
8,3728,377Perforated
8,3988,418Perforated
8,4568,461Perforated
8,4718,476Perforated
8,5018,506Perforated
8,5188,523Perforated
8,5358,555Perforated
8,6708,680Perforated
8,7188,738Perforated
9,1239,133Perforated
9,1379,147Perforated
9,5029,510Perforated
9,5029,623Perforated
9,5399,542Perforated
9,6179,623Perforated

Casing

Strings as reported, shallowest first.

Casing inSet atHole inCement
13.37550317.5495 S
8.6256,50012.251,800 S
4.59,7007.875900 S

Completion filings

W-2 and G-1 reports on record in the RRC wellbore file, newest first. The suffix identifies the wellbore or completion event. The record date is the RRC's own date on the record, not the day the report was filed: 462,034 of the state's filings carry 1984-01-12. About these reports →

SuffixRRC record dateW-2 / G-1 dateLogs referenced
00Jun 23, 1998May 21, 1998—
00Jul 5, 1990May 30, 1990Yes
00Jun 29, 1990——

The source documents

Petrora holds the structured record. The scanned filings live at the RRC; these links open its search already filled in for this API.

Log images filed since 2004 open from the RRC's log search for this well; none are loaded here for it.

Find logs withinmiles of this well:List →Map →

About this data

Permits from the RRC OGA049M master and daily daf420 files; wellbore and operator of record from the EWA schedule, weekly; completions, formation tops, casing, and perforations from the dbf900 wellbore file; production from PDQ lease reports, which lag two to three months; injection from UIC permits, H-10 reports, and TexNet daily volumes; earthquakes from the TexNet catalog.

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