Oil and gas leases in Panola County — page 15

Panola County, Texas has 9,204 oil and gas leases with production on file at the Railroad Commission, all of them in Commission district 06. 521 of them are oil leases and 8,683 are gas leases. Between them they carry 9,519 wellbores. Reported volumes run from January 1993 to August 2026 and come to 13.8 million barrels of oil and 11.9 billion Mcf of gas. 310 operators file returns here. Every lease below has its own page with a decline-curve forecast and an estimate of what the whole lease is worth.

Key facts about Panola County

How many oil and gas leases are in Panola County?: Panola County has 9,204 oil and gas leases with production reported to the Railroad Commission of Texas, as of August 2026.
How much oil and gas has Panola County produced?: Leases in Panola County have reported 13,824,542 barrels of oil (bbl) and 11,898,965,811 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026.
How many operators are active in Panola County?: 310 operators file production returns for leases in Panola County.
How much are mineral rights in Panola County worth?: There is no single figure: what a mineral or royalty interest in Panola County is worth depends on the individual lease, its decline, and the share the owner holds. Each of the 9,204 leases listed here has its own page with the full production history the operator reported, a decline-curve forecast, and an estimate of what a royalty interest in it is worth today.

Leases — page 15 of 47

CHADWICK UNIT — gas, Devon Energy Production Co, L.P., Panola County, 1.2 million reported
EVANS, CORNELIUS — gas, Sonat Exploration Company -Tyler, Panola County, 1.2 million reported
CRAWFORD, BELLE ET AL — gas, Classic Oil & Gas, Inc., Panola County, 1.2 million reported
BURTON, JOHN W. — gas, Devon Energy Production Co, L.P., Panola County, 1.2 million reported
BORDERS-SMITH UNIT #3 — gas, Lacy, R., Inc., Panola County, 1.2 million reported
ADAMS, T. C. — gas, Pennzoil Exploration & Prod. Co., Panola County, 1.2 million reported
MCDANIEL, J.A. — gas, Rme Petroleum Company, Panola County, 1.2 million reported
ELLIS, S.A. — gas, Comstock Oil & Gas, LP, Panola County, 1.2 million reported
PARKER UNIT NO. 3 — gas, Eog Resources, Inc., Panola County, 1.2 million reported
MORGAN UNIT — gas, Devon Energy Production Co, L.P., Panola County, 1.2 million reported
CGU 30 — gas, Anadarko E&P Company LP, Panola County, 1.2 million reported
SHEPPARD, B. ET AL — gas, Arkla Exploration Co., Panola County, 1.2 million reported
NEAL, SALLIE J. UNIT — gas, Union Pacific Resources Company, Panola County, 1.2 million reported
DONALD, F.H. — gas, Exxon Mobil Corporation, Panola County, 1.2 million reported
OWNES, NELLIE — gas, Chesapeake Operating, Inc., Panola County, 1.2 million reported
HOUGH-SHIVERS "A" — gas, Chevron U. S. A. Inc., Panola County, 1.2 million reported
MORGAN UNIT — gas, Devon Energy Production Co, L.P., Panola County, 1.2 million reported
NEAL, SALLIE J. "A" UNIT — gas, Union Pacific Resources Company, Panola County, 1.2 million reported
SEALEY, J.J. — gas, Exxon Corp., Panola County, 1.2 million reported
FENDER, H. R. — gas, Devon Energy Production Co, L.P., Panola County, 1.2 million reported
WILLIAMSON — gas, Devon Louisiana Corporation, Panola County, 1.2 million reported
HANCOCK UNIT — gas, Pennzoil Exploration & Prod. Co., Panola County, 1.2 million reported
PIRKLE, L.H. "C" — gas, Exxon Corp., Panola County, 1.2 million reported
CUMMINGS — gas, Devon Louisiana Corporation, Panola County, 1.2 million reported
COLLINS UNIT — gas, Devon Energy Production Co, L.P., Panola County, 1.2 million reported
SMITH-BIRD UNIT — gas, Pennzoil Exploration & Prod. Co., Panola County, 1.2 million reported
SOAPE, A.C. GAS UNIT — gas, Vastar Resources, Inc., Panola County, 1.2 million reported
PARKER UNIT #1 — gas, Lacy, R., Inc., Panola County, 1.2 million reported
CUNNINGHAM — gas, Classic Operating Co. LLC, Panola County, 1.2 million reported
BROOKS, JOHN GU — gas, Goodrich Petroleum Company, Panola County, 1.2 million reported
PARKER UNIT NO. 3 — gas, Eog Resources, Inc., Panola County, 1.2 million reported
BEASLEY — gas, Phillips Petroleum Company, Panola County, 1.2 million reported
WILTCHER, J.W. GAS UNIT — gas, BP America Production Company, Panola County, 1.2 million reported
ROBERTS UNIT — gas, Devon Energy Production Co, L.P., Panola County, 1.2 million reported
SOAPE, A. C. GAS UNIT — gas, Arco Oil & Gas Co., Panola County, 1.2 million reported
BRASHER, J. D. UNIT — gas, Texaco E & P Inc., Panola County, 1.2 million reported
CGU 17 — gas, Anadarko E&P Company LP, Panola County, 1.2 million reported
BEALL-BARKSDALE — gas, Texaco E & P Inc., Panola County, 1.2 million reported
BROWN, HERMAN GAS UNIT — gas, Arco Oil & Gas Co., Panola County, 1.2 million reported
WILSON UNIT — gas, Devon Energy Production Co, L.P., Panola County, 1.2 million reported
DODD, RUBY UNIT — gas, Lacy, R., Inc., Panola County, 1.2 million reported
FURRH 'B' — gas, Samson Lone Star, LLC, Panola County, 1.2 million reported
JERNIGAN, MATTI — gas, Seagull Energy E&P Inc., Panola County, 1.2 million reported
FREEMAN GAS UNIT — gas, Union Pacific Resources Company, Panola County, 1.2 million reported
CGU 3 — gas, Union Pacific Resources Company, Panola County, 1.2 million reported
PANOLA 2 UNIT — gas, Conocophillips Company, Panola County, 1.2 million reported
HULL A-21 UNIT — gas, Pennzoil Exploration & Prod. Co., Panola County, 1.2 million reported
DAVIS, A. L. — gas, Exxon Mobil Corporation, Panola County, 1.2 million reported
MARSHALL, HOMER — gas, Union Pacific Resources Company, Panola County, 1.2 million reported
ALLISON UNIT — gas, Devon Energy Production Co, L.P., Panola County, 1.2 million reported
KYLE, FRED "A" UNIT — gas, Union Pacific Resources Company, Panola County, 1.2 million reported
BEASLEY 3 UNIT — gas, Phillips Petroleum Company, Panola County, 1.2 million reported
CARTHAGE GAS UNIT — gas, Eog Resources, Inc., Panola County, 1.2 million reported
CGU 5 — gas, Anadarko E&P Company LP, Panola County, 1.2 million reported
NAOMI 3 UNIT — gas, Phillips Petroleum Company, Panola County, 1.2 million reported
FROST UNIT 5 — gas, Anadarko E&P Company LP, Panola County, 1.2 million reported
ROQUEMORE UNIT 1 — gas, Lacy, R., Inc., Panola County, 1.2 million reported
CGU 9 — gas, Anadarko E&P Company LP, Panola County, 1.2 million reported
BURNETT BROTHERS — gas, Amoco Production Company, Panola County, 1.2 million reported
HULL UNIT -A- — gas, Pennzoil Exploration & Prod. Co., Panola County, 1.2 million reported
HARRISON, VERA UNIT — gas, Chevron U. S. A. Inc., Panola County, 1.2 million reported
BURNETT UNIT 9 — gas, Lacy Operations, Ltd., Panola County, 1.2 million reported
CUMMINGS — gas, Seagull Energy E&P Inc., Panola County, 1.2 million reported
CGU 17 — gas, Union Pacific Resources Company, Panola County, 1.2 million reported
OWENS UNIT — gas, Pennzoil Exploration & Prod. Co., Panola County, 1.2 million reported
BECKHAM GAS UNIT — gas, Ark-La-Tex Energy, L.L.C., Panola County, 1.2 million reported
THOMAS, CHARLES — gas, Devon Energy Production Co, L.P., Panola County, 1.2 million reported
CARTHAGE GAS UNIT 110 — gas, Devon Energy Production Co, L.P., Panola County, 1.2 million reported
STEELE, CORRIE — gas, Pennzoil Exploration & Prod. Co., Panola County, 1.2 million reported
CGU 9 — gas, Anadarko E&P Company LP, Panola County, 1.2 million reported
CARTHAGE UNIT — gas, Erso, Inc., Panola County, 1.2 million reported
FROST LUMBER — gas, Camterra Resources, Inc., Panola County, 1.2 million reported
CGU 7 — gas, Union Pacific Resources Company, Panola County, 1.2 million reported
SEARCY GAS UNIT — gas, Anadarko E&P Company LP, Panola County, 1.2 million reported
FIRST NATIONAL BALDWIN UNIT — gas, Enron Oil & Gas Company, Panola County, 1.2 million reported
REED ESTATE UNIT — gas, Chesapeake Operating, Inc., Panola County, 1.2 million reported
WILSON, HAROLD "A" — gas, Samson Lone Star LP, Panola County, 1.2 million reported
HARRIS, S. S. — gas, Texaco E & P Inc., Panola County, 1.2 million reported
ROBERTS UNIT — gas, Pennzenergy Exp. & Prod., L.L.C., Panola County, 1.2 million reported
WILLIAMSON — gas, Devon Louisiana Corporation, Panola County, 1.2 million reported
LONGINO, ET AL UNIT — gas, Lacy Operations, Ltd., Panola County, 1.2 million reported
POWERS, BILL A — gas, Chesapeake Operating, Inc., Panola County, 1.2 million reported
SOUTHLAND PAPER CO. — gas, Devon Energy Production Co, L.P., Panola County, 1.2 million reported
WILLIAMSON — gas, Devon Energy Production Co, L.P., Panola County, 1.2 million reported
WHITFIELD UNIT — gas, Texaco E & P Inc., Panola County, 1.2 million reported
RUDMAN — gas, Torch Operating Company, Panola County, 1.2 million reported
GULLEY, MARVIN — gas, Xto Energy Inc., Panola County, 1.2 million reported
TATUM — gas, PG&E Resources Company, Panola County, 1.2 million reported
SEMPRA ENERGY — gas, Classic Operating Co. LLC, Panola County, 1.2 million reported
CAMERON UNIT 1 — gas, Lacy Operations, Ltd., Panola County, 1.2 million reported
CRAWFORD, BELLE ET AL — gas, Classic Oil & Gas, Inc., Panola County, 1.2 million reported
CARTHAGE GU 32 — gas, Exxon Corp., Panola County, 1.2 million reported
SEARCY GAS UNIT — gas, Anadarko E&P Company LP, Panola County, 1.2 million reported
CGU 16 — gas, Union Pacific Resources Company, Panola County, 1.2 million reported
THOMPSON UNIT — gas, Devon Energy Production Co, L.P., Panola County, 1.2 million reported
COLLINS UNIT — gas, Pennzoil Exploration & Prod. Co., Panola County, 1.2 million reported
HOUSE, W. F. UNIT — gas, Texaco E & P Inc., Panola County, 1.2 million reported
DODD, RUBY UNIT — gas, Lacy, R., Inc., Panola County, 1.2 million reported
CALLOW 2 UNIT — gas, Phillips Petroleum Company, Panola County, 1.2 million reported
CYPRESS POINT RESOURCES LEASE — gas, BP America Production Company, Panola County, 1.2 million reported
CARTER, KF WH "A2" GU — gas, Goodrich Petroleum Company, Panola County, 1.2 million reported
ALLISON, G. T. — gas, Arco Oil & Gas Co., Panola County, 1.2 million reported
ROSS, J. T. CV GAS UNIT — gas, Texaco E & P Inc., Panola County, 1.2 million reported
CARTHAGE GAS UNIT — gas, Erso, Inc., Panola County, 1.2 million reported
CAVIN UNIT — gas, Devon Energy Production Co, L.P., Panola County, 1.2 million reported
POWERS, BILL — gas, Classic Oil & Gas, Inc., Panola County, 1.2 million reported
SEARCY GAS UNIT — gas, Union Pacific Resources Company, Panola County, 1.2 million reported
CARTHAGE GAS UNIT 110 — gas, Devon Energy Production Co, L.P., Panola County, 1.2 million reported
ELLIS, S.A. — gas, Comstock Oil & Gas, Inc., Panola County, 1.2 million reported
MOORE UNIT — gas, Devon Energy Production Co, L.P., Panola County, 1.2 million reported
HULL UNIT A — gas, Pennzoil Exploration & Prod. Co., Panola County, 1.2 million reported
ROBERTS GAS UNIT — gas, Sonat Exploration Company -Tyler, Panola County, 1.2 million reported
DANIELS GAS UNIT — gas, Samson Lone Star LP, Panola County, 1.2 million reported
TILLER, M. — gas, Graward Operating, Inc., Panola County, 1.2 million reported
HULL UNIT A — gas, Pennzoil Exploration & Prod. Co., Panola County, 1.2 million reported
CARTHAGE GAS UNIT 12 — gas, Amoco Production Company, Panola County, 1.2 million reported
HICKS, O. B. GAS UNIT — gas, Arco Oil & Gas Co., Panola County, 1.2 million reported
WILLIAMS, A. GAS UNIT — gas, Penn Virginia Oil & Gas, L.P., Panola County, 1.2 million reported
PAGE, L.E. — gas, Devon Energy Production Co, L.P., Panola County, 1.2 million reported
RUDMAN UNIT 1 — gas, Comstock Oil & Gas, Inc., Panola County, 1.2 million reported
BURNETT BROTHERS #2 — gas, Amoco Production Company, Panola County, 1.2 million reported
FIRST NATIONAL BANK-BALDWIN UNIT — gas, Devon Louisiana Corporation, Panola County, 1.2 million reported
CGU 8 — gas, Union Pacific Resources Company, Panola County, 1.2 million reported
GUILL, J.C. — gas, Harleton Oil & Gas Inc., Panola County, 1.2 million reported
GRIFFITH — gas, Devon Energy Production Co, L.P., Panola County, 1.2 million reported
HUDSON, NELL — gas, Devon Energy Production Co, L.P., Panola County, 1.2 million reported
CGU 5 — gas, Union Pacific Resources Company, Panola County, 1.2 million reported
YELLOW DOG GAS UNIT — gas, Will-Drill Production Co., Inc., Panola County, 1.2 million reported
CARTHAGE GAS UNIT — gas, Enron Oil & Gas Company, Panola County, 1.2 million reported
ROQUEMORE — gas, Fina Oil & Chemical Company, Panola County, 1.2 million reported
FIELDS, ALCIE — gas, Samson Lone Star LP, Panola County, 1.2 million reported
ALLISON, THOMAS GAS UNIT — gas, Hunt Petroleum Corporation, Panola County, 1.2 million reported
BEALL, W. F. — gas, Texaco E & P Inc., Panola County, 1.2 million reported
CARTHAGE GAS UNIT 112 — gas, Chevron U. S. A. Inc., Panola County, 1.2 million reported
NEAL — gas, Devon Louisiana Corporation, Panola County, 1.2 million reported
BLACK, VERA — gas, Sonat Exploration Company -Tyler, Panola County, 1.2 million reported
ROQUEMORE UNIT 1 — gas, Lacy Operations, Ltd., Panola County, 1.2 million reported
CARTHAGE GAS UNIT 17 — gas, Valence Operating Company, Panola County, 1.2 million reported
OWENS, A. H. — gas, Exxon Corp., Panola County, 1.2 million reported
CARTHAGE GAS UNIT 3A — gas, Amoco Production Company, Panola County, 1.2 million reported
MORGAN UNIT — gas, Pennzoil Exploration & Prod. Co., Panola County, 1.2 million reported
HULL A-16 UNIT — gas, Pennzoil Exploration & Prod. Co., Panola County, 1.2 million reported
CGU 22 — gas, Anadarko E&P Company LP, Panola County, 1.2 million reported
CAMERON UNIT 1 — gas, Lacy Operations, Ltd., Panola County, 1.2 million reported
CGU 18 — gas, Union Pacific Resources Company, Panola County, 1.2 million reported
BORDERS, E. GAS UNIT 1 — gas, Anadarko E&P Onshore LLC, Panola County, 1.2 million reported
CARTHAGE GAS UNIT — gas, Enron Oil & Gas Company, Panola County, 1.2 million reported
BLANKENSHIP UNIT — gas, Chevron U. S. A. Inc., Panola County, 1.2 million reported
BURTON, BILLIE JEAN — gas, Devon Energy Production Co, L.P., Panola County, 1.2 million reported
LAGRONE, T.S. UNIT — gas, Texaco E & P Inc., Panola County, 1.2 million reported
CGU 3 — gas, Anadarko E&P Company LP, Panola County, 1.2 million reported
CGU 6 — gas, Rme Petroleum Company, Panola County, 1.2 million reported
HEBERT — gas, Devon Energy Production Co, L.P., Panola County, 1.2 million reported
BURNETT BROS. — gas, Amoco Production Company, Panola County, 1.2 million reported
CARTHAGE GAS UNIT — gas, Enron Oil & Gas Company, Panola County, 1.2 million reported
WERNER-SMITH — gas, Harleton Oil & Gas Inc., Panola County, 1.2 million reported
CARTHAGE GAS UNIT 112 — gas, Devon Energy Production Co, L.P., Panola County, 1.2 million reported
CGU 19 — gas, Anadarko E&P Company LP, Panola County, 1.2 million reported
HULL UNIT A — gas, Devon Energy Production Co, L.P., Panola County, 1.2 million reported
BLEAKLEY, P.J. UNIT — gas, Seagull Energy E&P Inc., Panola County, 1.2 million reported
SEALEY G.U. — gas, Goodrich Petroleum Company, Panola County, 1.2 million reported
DAVIS, A. L. — gas, Devon Energy Production Co, L.P., Panola County, 1.2 million reported
OWENS -H- — gas, Oxy USA Inc., Panola County, 1.2 million reported
DENNARD UNIT — gas, Pennzoil Exploration & Prod. Co., Panola County, 1.2 million reported
HOUSE, W. F. UNIT — gas, Texaco E & P Inc., Panola County, 1.2 million reported
KYLE, J. R. -A- — gas, Anadarko E&P Company LP, Panola County, 1.2 million reported
WILLIAMS, J.K. — gas, Goodrich Petroleum Company, Panola County, 1.2 million reported
COOKE — gas, Union Pacific Resources Company, Panola County, 1.2 million reported
SHARP-SMITH — gas, Texaco E & P Inc., Panola County, 1.2 million reported
WILCOTS, S.W. GAS UNIT — gas, Preston Exploration LLC, Panola County, 1.2 million reported
BLEAKLEY, P.J. — gas, Enron Oil & Gas Company, Panola County, 1.2 million reported
CARTHAGE GAS UNIT 3-A — gas, BP America Production Company, Panola County, 1.2 million reported
PANOLA DEVELOPMENT COMPANY — gas, Glassell, Alfred C., JR., Panola County, 1.2 million reported
WHITFIELD UNIT — gas, Texaco E & P Inc., Panola County, 1.2 million reported
DUNLAP UNIT — gas, Pennzoil Exploration & Prod. Co., Panola County, 1.2 million reported
NAOMI 3 UNIT — gas, Phillips Petroleum Company, Panola County, 1.2 million reported
J14E HULL AN — gas, TGNR East Texas II LLC, Panola County, 1.2 million reported
CGU 29 — gas, Union Pacific Resources Company, Panola County, 1.2 million reported
SMITH, J. J. — gas, Enron Oil & Gas Company, Panola County, 1.2 million reported
BEALL, W.F. — gas, Texaco E & P Inc., Panola County, 1.2 million reported
DAVIS, VERA — gas, Vaughan Operating Company, LLC, Panola County, 1.2 million reported
DANIELS GAS UNIT — gas, Samson Resources Company, Panola County, 1.2 million reported
SHIVERS-PEEPLES UNIT — gas, Texaco E & P Inc., Panola County, 1.2 million reported
PIRKLE, L.H. "C" — gas, Classic Energy Incorporated, Panola County, 1.2 million reported
CALLOW 2 UNIT — gas, Conocophillips Company, Panola County, 1.2 million reported
MASON — gas, Devon Energy Production Co, L.P., Panola County, 1.2 million reported
BRODERICK, BESS SMITH GU 1 — gas, Enron Oil & Gas Company, Panola County, 1.2 million reported
MARKEY GAS UNIT — gas, Union Pacific Resources Company, Panola County, 1.2 million reported
CGU 5 — gas, Anadarko E&P Company LP, Panola County, 1.2 million reported
FURRH, J. D. ET AL — gas, Williams, Clayton Energy, Inc., Panola County, 1.2 million reported
RUDMAN UNIT 1 — gas, Comstock Oil & Gas, Inc., Panola County, 1.2 million reported
THOMPSON UNIT — gas, Pennzoil Exploration & Prod. Co., Panola County, 1.2 million reported
LAWLESS — gas, Fina Oil & Chemical Company, Panola County, 1.2 million reported
DUNHAM, DAVID — gas, Classic Operating Co. LLC, Panola County, 1.2 million reported
WERNER, LOUIS SAW MILL CO. — gas, Devon Energy Production Co, L.P., Panola County, 1.2 million reported
FREEMAN GAS UNIT — gas, Anadarko E&P Company LP, Panola County, 1.2 million reported
BURNETT BROTHERS — gas, BP America Production Company, Panola County, 1.2 million reported
BURNETT UNIT 9 — gas, R. Lacy Services, Ltd., Panola County, 1.2 million reported
ROQUEMORE, P. D. — gas, Faulconer, Vernon E., Inc., Panola County, 1.2 million reported
BEASLEY 3 UNIT — gas, Conocophillips Company, Panola County, 1.2 million reported

Production figures are as reported to the Railroad Commission of Texas. Values shown on lease pages are estimates produced by fitting a decline curve to that reported history; they are not offers or appraisals.