Oil and gas leases in Panola County — page 19

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 19 of 47

HOLMES, PRIESTLY UNIT — gas, Union Pacific Resources Company, Panola County, 992 thousand reported
OWENS UNIT — gas, Pennzoil Exploration & Prod. Co., Panola County, 992 thousand reported
MAUDE 2 UNIT — gas, Tanos Exploration II, LLC, Panola County, 992 thousand reported
FENDER, H. R. — gas, Ocean Energy, Inc., Panola County, 991 thousand reported
DUNAWAY GAS UNIT — gas, Glassell, Alfred C., JR., Panola County, 990 thousand reported
DAVIS UNIT — gas, Comstock Oil & Gas, LP, Panola County, 989 thousand reported
CGU 25 — gas, Rme Petroleum Company, Panola County, 988 thousand reported
STEELE, CORRIE — gas, Pennzoil Exploration & Prod. Co., Panola County, 988 thousand reported
FITE, J.B. GAS UNIT — gas, Comstock Oil & Gas, LP, Panola County, 988 thousand reported
THOMAS — gas, Basa Resources, Inc., Panola County, 988 thousand reported
CGU 8 — gas, Union Pacific Resources Company, Panola County, 988 thousand reported
CGU 33 — gas, Union Pacific Resources Company, Panola County, 988 thousand reported
CRENSHAW UNIT — gas, Devon Energy Production Co, L.P., Panola County, 988 thousand reported
HULL UNIT A — gas, Pennzoil Exploration & Prod. Co., Panola County, 987 thousand reported
SHARP-SMITH UNIT — gas, Chevron U. S. A. Inc., Panola County, 987 thousand reported
DONALD, F.H. — gas, Exxon Corp., Panola County, 986 thousand reported
DAVIS, VERA — gas, Vaughan Operating Company, LLC, Panola County, 986 thousand reported
DAVIS, A. L. — gas, Exxon Corp., Panola County, 985 thousand reported
FIRST NATIONAL BANK-BALDWIN UNIT — gas, Chevron U. S. A. Inc., Panola County, 985 thousand reported
GOODRICH CARTER — gas, Goodrich Petroleum Company, Panola County, 985 thousand reported
THOMAS, CHARLES — gas, Devon Louisiana Corporation, Panola County, 985 thousand reported
NEAL — gas, Devon Energy Production Co, L.P., Panola County, 985 thousand reported
CGU 5 — gas, Union Pacific Resources Company, Panola County, 985 thousand reported
SEALEY, BILLY GU — gas, Goodrich Petroleum Company, Panola County, 985 thousand reported
CGU 33 — gas, Union Pacific Resources Company, Panola County, 984 thousand reported
WERNER, LOUIS SAWMILL — gas, Fina Oil & Chemical Company, Panola County, 984 thousand reported
HARRELL, JEANETTE — gas, Texaco E & P Inc., Panola County, 984 thousand reported
CARTHAGE GAS UNIT 17 — gas, Valence Operating Company, Panola County, 984 thousand reported
PARKER UNIT 2 — gas, Lacy, R., Inc., Panola County, 984 thousand reported
CGU 25 — gas, Anadarko E&P Company LP, Panola County, 983 thousand reported
HUDSON, NELL — gas, Devon Energy Production Co, L.P., Panola County, 983 thousand reported
CARTHAGE GAS UNIT NO. 18 — gas, Amoco Production Company, Panola County, 983 thousand reported
WILLIAMSON — gas, Devon Energy Production Co, L.P., Panola County, 983 thousand reported
BURNETT UNIT 1 — gas, Lacy, R., Inc., Panola County, 982 thousand reported
ADAMS, J.E. DR. GAS UNIT — gas, Mustang Operating Company, Panola County, 981 thousand reported
MULLINS — gas, Devon Energy Production Co, L.P., Panola County, 981 thousand reported
DAVIS, S. L. — gas, Grigsby Petroleum Inc., Panola County, 981 thousand reported
HOLT UNIT 1 — gas, Lacy Operations, Ltd., Panola County, 980 thousand reported
WILLIAMS, J.K. — gas, Goodrich Petroleum Company, Panola County, 980 thousand reported
HARRIS-HARDIN UNIT — gas, Classic Oil & Gas, Inc., Panola County, 980 thousand reported
CAMERON UNIT 2 — gas, Lacy Operations, Ltd., Panola County, 980 thousand reported
INGRAM 2 UNIT — gas, Conocophillips Company, Panola County, 980 thousand reported
CGU 27 — gas, Rme Petroleum Company, Panola County, 980 thousand reported
CRAWFORD — gas, Lacy Operations, Ltd., Panola County, 979 thousand reported
HUDSON-JOHNSON UNIT — gas, Devon Energy Production Co, L.P., Panola County, 979 thousand reported
DENNARD UNIT — gas, Devon Energy Production Co, L.P., Panola County, 978 thousand reported
CGU 14 — gas, Anadarko E&P Company LP, Panola County, 977 thousand reported
CRAWFORD, BELLE ET AL — gas, 3tec Energy Corporation, Panola County, 977 thousand reported
STERRETT — gas, Valence Operating Company, Panola County, 977 thousand reported
AUSTIN — gas, Pecos Petroleum Company, Panola County, 977 thousand reported
BLANKENSHIP UNIT — gas, Texaco E & P Inc., Panola County, 977 thousand reported
CARTHAGE GAS UNIT 11 — gas, Amoco Production Company, Panola County, 976 thousand reported
HULL UNIT A — gas, Devon Energy Production Co, L.P., Panola County, 976 thousand reported
HARRIS, S.S. UNIT — gas, Texaco E & P Inc., Panola County, 976 thousand reported
BRUMBLE, G.W. G.U. #1 O/A — gas, Texaco E & P Inc., Panola County, 975 thousand reported
BREWSTER, J. T. GAS UNIT — gas, Vastar Resources, Inc., Panola County, 975 thousand reported
STERRETT — gas, Valence Operating Company, Panola County, 974 thousand reported
PARKER UNIT #1 — gas, Lacy Operations, Ltd., Panola County, 974 thousand reported
PIRKLE, L.H. "C" — gas, Exxon Mobil Corporation, Panola County, 974 thousand reported
BEALL-NORMAN — gas, Texaco E & P Inc., Panola County, 974 thousand reported
CARTHAGE GAS UNIT NO. 15 — gas, Amoco Production Company, Panola County, 973 thousand reported
CGU 7 — gas, Union Pacific Resources Company, Panola County, 973 thousand reported
BLANKENSHIP UNIT — gas, Texaco E & P Inc., Panola County, 973 thousand reported
HULL UNIT B — gas, Devon Energy Production Co, L.P., Panola County, 972 thousand reported
INGRAM — gas, Phillips Petroleum Company, Panola County, 972 thousand reported
CGU 3 — gas, Union Pacific Resources Company, Panola County, 972 thousand reported
CGU 30 — gas, Union Pacific Resources Company, Panola County, 972 thousand reported
JOHNSON, ROBERT — gas, Andrew Alan Exploration, Inc., Panola County, 972 thousand reported
CGU 25 — gas, Anadarko E&P Company LP, Panola County, 971 thousand reported
WERNER-BRELSFORD UNIT — gas, Chevron U. S. A. Inc., Panola County, 971 thousand reported
PITTS A UNIT — gas, Conocophillips Company, Panola County, 971 thousand reported
HOUSE, W. F. UNIT — gas, Chevron U. S. A. Inc., Panola County, 971 thousand reported
PARKER UNIT 2 — gas, Lacy Operations, Ltd., Panola County, 971 thousand reported
CGU 7 — gas, Anadarko E&P Company LP, Panola County, 970 thousand reported
WILSON, HAROLD — gas, Samson Lone Star LP, Panola County, 970 thousand reported
HOLT UNIT 1 — gas, Lacy Operations, Ltd., Panola County, 970 thousand reported
BRIGGS, H. W. UNIT — gas, Preston Exploration LLC, Panola County, 970 thousand reported
HULL UNIT A — gas, Pennzoil Exploration & Prod. Co., Panola County, 970 thousand reported
MAUDE 2 UNIT — gas, Conocophillips Company, Panola County, 969 thousand reported
CGU 4 — gas, Anadarko E&P Company LP, Panola County, 969 thousand reported
MANGHAM UNIT — gas, Devon Energy Production Co, L.P., Panola County, 969 thousand reported
BURTON, JOHN W. — gas, Devon Energy Production Co, L.P., Panola County, 969 thousand reported
BURNETT UNIT 9 — gas, Lacy Operations, Ltd., Panola County, 969 thousand reported
CRENSHAW GAS UNIT NO. 1 — gas, Texaco E & P Inc., Panola County, 968 thousand reported
BURNETT BROTHERS — gas, BP America Production Company, Panola County, 968 thousand reported
CGU 12 — gas, Anadarko E&P Company LP, Panola County, 968 thousand reported
MORGAN UNIT — gas, Devon Energy Production Co, L.P., Panola County, 968 thousand reported
TOMPKINS, ELVE — gas, PXP Gulf Coast Inc., Panola County, 967 thousand reported
HARDIN "B" GAS UNIT — gas, Oxy USA Inc., Panola County, 966 thousand reported
CGU 36 — gas, Anadarko E&P Company LP, Panola County, 966 thousand reported
CGU 9 — gas, Union Pacific Resources Company, Panola County, 966 thousand reported
CAVIN UNIT — gas, Pennzoil Exploration & Prod. Co., Panola County, 965 thousand reported
SMITH-BIRD UNIT — gas, Devon Energy Production Co, L.P., Panola County, 965 thousand reported
CUMMINGS — gas, Arkla Exploration Co., Panola County, 965 thousand reported
CGU 30 — gas, Union Pacific Resources Company, Panola County, 965 thousand reported
HUDSON-JOHNSON UNIT — gas, Pennzenergy Exp. & Prod., L.L.C., Panola County, 964 thousand reported
PAGE, L.E. — gas, Arkla Exploration Co., Panola County, 964 thousand reported
PARKER UNIT NO. 3 — gas, Eog Resources, Inc., Panola County, 964 thousand reported
CARTHAGE GAS UNIT — gas, Enron Oil & Gas Company, Panola County, 964 thousand reported
PETER 2 UNIT — gas, Conocophillips Company, Panola County, 964 thousand reported
FROST LUMBER CO. — gas, Classic Operating Co. LLC, Panola County, 964 thousand reported
MORELAND — gas, Faulconer, Vernon E., Inc., Panola County, 963 thousand reported
PANOLA 2 UNIT — gas, Phillips Petroleum Company, Panola County, 963 thousand reported
METCALF GAS UNIT — gas, Devon Energy Production Co, L.P., Panola County, 963 thousand reported
HARRIS-HARDIN UNIT — gas, Classic Oil & Gas, Inc., Panola County, 963 thousand reported
HARRIS-DRUMMOND GAS UNIT — gas, Fina Oil & Chemical Company, Panola County, 962 thousand reported
ELLIS, S.A. — gas, Sonat Exploration Company -Tyler, Panola County, 962 thousand reported
HOPPER UNIT NO. 1 — gas, Eog Resources, Inc., Panola County, 962 thousand reported
DAVIS, S.L. GAS UNIT — gas, Arco Oil & Gas Co., Panola County, 961 thousand reported
GHOLSTON, J. S. — gas, Xto Energy Inc., Panola County, 961 thousand reported
SHIVERS — gas, Kabco Oil & Gas Company, Panola County, 960 thousand reported
PANOLA 2 UNIT — gas, Phillips Petroleum Company, Panola County, 960 thousand reported
WHITAKER UNIT — gas, Pennzoil Exploration & Prod. Co., Panola County, 960 thousand reported
YARBOROUGH — gas, Sonat Exploration Company -Tyler, Panola County, 960 thousand reported
PETER 2 UNIT — gas, Conocophillips Company, Panola County, 960 thousand reported
PIRKLE, L. H. — gas, Exxon Corp., Panola County, 959 thousand reported
SMITH-BIRD UNIT — gas, Devon Energy Production Co, L.P., Panola County, 959 thousand reported
COOKE, J.W. UNIT 1 — gas, Lacy, R., Inc., Panola County, 958 thousand reported
POSS, L.T. UNIT — gas, Union Pacific Resources Company, Panola County, 958 thousand reported
DAVIS, A. L. — gas, Exxon Corp., Panola County, 958 thousand reported
DAVIS, VERA — gas, Sojitz Energy Venture, Inc., Panola County, 958 thousand reported
SOUTHLAND PAPER COMPANY — gas, Texaco E & P Inc., Panola County, 958 thousand reported
GARY GAS UNIT — gas, Union Pacific Resources Company, Panola County, 957 thousand reported
GRAVES ESTATE — gas, Devon Energy Production Co, L.P., Panola County, 957 thousand reported
INTERNATIONAL PAPER — gas, Samson Lone Star LP, Panola County, 957 thousand reported
CARTHAGE GAS UNIT — gas, Eog Resources, Inc., Panola County, 957 thousand reported
LAGRONE, H. H. GU 1 — gas, Samson Lone Star LP, Panola County, 956 thousand reported
ROSS-HAMILTON UNIT — gas, Chevron U. S. A. Inc., Panola County, 955 thousand reported
YELLOW DOG GAS UNIT — gas, Will-Drill Production Co., Inc., Panola County, 954 thousand reported
CARTHAGE GAS UNIT 7 — gas, Amoco Production Company, Panola County, 954 thousand reported
CARTHAGE GAS UNIT 12 — gas, Amoco Production Company, Panola County, 954 thousand reported
MOORE UNIT — gas, Devon Energy Production Co, L.P., Panola County, 954 thousand reported
WILLIAMSON — gas, Seagull Energy E&P Inc., Panola County, 953 thousand reported
CGU 26 — gas, Anadarko E&P Company LP, Panola County, 953 thousand reported
JACKSON-WYATT GAS UNIT — gas, Goodrich Petroleum Company, Panola County, 952 thousand reported
HANCOCK UNIT — gas, Devon Energy Production Co, L.P., Panola County, 952 thousand reported
BROWN, HERMAN GAS UNIT — gas, Arco Oil & Gas Co., Panola County, 952 thousand reported
CARAWAY, WERNER — gas, Kerr-Mcgee Corporation, Panola County, 951 thousand reported
HANCOCK, J.F. UNIT — gas, Union Pacific Resources Company, Panola County, 951 thousand reported
SEMPRA — gas, Winchester Production Company, Panola County, 951 thousand reported
BRASHER, J. D. UNIT — gas, Chevron U. S. A. Inc., Panola County, 951 thousand reported
WILLIAMS-WALL GAS UNIT — gas, Anadarko E&P Company LP, Panola County, 950 thousand reported
SOAPE, A.C. GAS UNIT — gas, Vastar Resources, Inc., Panola County, 950 thousand reported
AMERICAN LEGION — gas, Texaco E & P Inc., Panola County, 950 thousand reported
TOMPKINS-SPENCER — gas, Chevron U. S. A. Inc., Panola County, 950 thousand reported
JANUARY "A" — gas, Strand Energy, L.C., Panola County, 950 thousand reported
MYERS "A" — gas, Samson Lone Star LP, Panola County, 950 thousand reported
LEWIS UNIT — gas, Devon Energy Production Co, L.P., Panola County, 949 thousand reported
SOAPE, C.P. — gas, Ocean Energy, Inc., Panola County, 949 thousand reported
TILLER — gas, Sonat Exploration Company -Tyler, Panola County, 949 thousand reported
PARKER UNIT 2 — gas, Lacy Operations, Ltd., Panola County, 949 thousand reported
LILLY UNIT — gas, Devon Energy Production Co, L.P., Panola County, 948 thousand reported
CGU 8 — gas, Union Pacific Resources Company, Panola County, 948 thousand reported
WHITAKER UNIT — gas, Devon Energy Production Co, L.P., Panola County, 948 thousand reported
CHRISTIAN, C.O. HEIRS UNIT — gas, Glassell, Alfred C., JR., Panola County, 948 thousand reported
WEINER, W.B. JR ET AL — gas, Texaco E & P Inc., Panola County, 946 thousand reported
SOAPE, C.P. — gas, Devon Louisiana Corporation, Panola County, 946 thousand reported
BROWN, HERMAN GAS UNIT — gas, Vastar Resources, Inc., Panola County, 946 thousand reported
KYLE — gas, Goodrich Petroleum Company, Panola County, 946 thousand reported
STERRETT — gas, Valence Operating Company, Panola County, 946 thousand reported
GRIFFITH — gas, Devon Energy Production Co, L.P., Panola County, 945 thousand reported
HALL UNIT — gas, Devon Energy Production Co, L.P., Panola County, 944 thousand reported
CGU 27 — gas, Union Pacific Resources Company, Panola County, 944 thousand reported
BURNETT BROTHERS — gas, BP America Production Company, Panola County, 944 thousand reported
MASON — gas, Devon Energy Production Co, L.P., Panola County, 943 thousand reported
FLOYD GAS UNIT — gas, Totalfinaelf E&P USA Inc, Panola County, 943 thousand reported
HARRIS, SYLVAN GAS UNIT — gas, Union Pacific Resources Company, Panola County, 942 thousand reported
ANDERSON, W. G. GAS UNIT — gas, Texaco E & P Inc., Panola County, 942 thousand reported
MOORE UNIT — gas, Devon Energy Production Co, L.P., Panola County, 942 thousand reported
CARTHAGE GAS UNIT 110 — gas, Chevron U. S. A. Inc., Panola County, 942 thousand reported
CHRISTIAN — gas, Goodrich Oil Company, Panola County, 942 thousand reported
ASHTON 2 UNIT — gas, Conocophillips Company, Panola County, 941 thousand reported
CALLOW — gas, Phillips Petroleum Company, Panola County, 941 thousand reported
DENNARD UNIT — gas, Devon Energy Production Co, L.P., Panola County, 941 thousand reported
HIGHTOWER, IRMA UNIT -A- — gas, Totalfinaelf E&P USA Inc, Panola County, 940 thousand reported
BECKHAM GAS UNIT — gas, Ark-La-Tex Energy, L.L.C., Panola County, 940 thousand reported
LATHAM, H.L. — gas, Anadarko E&P Company LP, Panola County, 940 thousand reported
CALLOW 2 UNIT — gas, Conocophillips Company, Panola County, 940 thousand reported
HILL, W. D. — gas, Arkla Exploration Co., Panola County, 940 thousand reported
CRAWFORD, BELLE ET AL — gas, Classic Oil & Gas, Inc., Panola County, 940 thousand reported
CGU 16 — gas, Rme Petroleum Company, Panola County, 939 thousand reported
HODGES, J.E. GAS UNIT — gas, Samson Lone Star LP, Panola County, 939 thousand reported
CGU 21 — gas, Anadarko E&P Company LP, Panola County, 939 thousand reported
CALLOW 2 UNIT — gas, Phillips Petroleum Company, Panola County, 938 thousand reported
PAYNE — gas, Samson Lone Star LP, Panola County, 938 thousand reported
TURNER UNIT 1 — gas, Lacy Operations, Ltd., Panola County, 938 thousand reported
CGU 23 — gas, Anadarko E&P Company LP, Panola County, 938 thousand reported
THOMAS & WOOD — gas, Exxon Corp., Panola County, 937 thousand reported
CRAWFORD, BELLE ET AL — gas, 3tec Energy Corporation, Panola County, 937 thousand reported
RUDMAN UNIT 1 — gas, Comstock Oil & Gas, Inc., Panola County, 937 thousand reported
POWERS, E.C. — gas, Chevron U. S. A. Inc., Panola County, 937 thousand reported
REED. W.M. GAS UNIT — gas, BP America Production Company, Panola County, 937 thousand reported
HANCOCK, J. F. UNIT — gas, Union Pacific Resources Company, Panola County, 936 thousand reported
CARTHAGE GAS UNIT — gas, Eog Resources, Inc., Panola County, 936 thousand reported
KYLE, FRED "A" UNIT — gas, Anadarko E&P Company LP, Panola County, 936 thousand reported
BRITTON GAS UNIT — gas, Goodrich Petroleum Company, Panola County, 936 thousand reported
BURNETT UNIT 9 — gas, Lacy, R., Inc., Panola County, 936 thousand reported
HAYGOOD, LOIS — gas, Devon Energy Production Co, L.P., Panola County, 935 thousand reported
ROBERTS UNIT — gas, Pennzoil Exploration & Prod. Co., Panola County, 935 thousand reported
CARTHAGE GAS UNIT — gas, Enron Oil & Gas Company, Panola County, 935 thousand 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.