Oil and gas leases in Panola County — page 25

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 25 of 47

PITTS A UNIT — gas, Conocophillips Company, Panola County, 696 thousand reported
BEALL-BARKSDALE — gas, Texaco E & P Inc., Panola County, 696 thousand reported
WERNER, LOUIS SAWMILL CO. — gas, Devon Energy Production Co, L.P., Panola County, 695 thousand reported
CARTHAGE GAS UNIT — gas, Enron Oil & Gas Company, Panola County, 695 thousand reported
LAGRONE — gas, Texas American Resources Company, Panola County, 694 thousand reported
TAYLOR BROS. — gas, Goodrich Petroleum Company, Panola County, 694 thousand reported
HARRISON, VERA UNIT — gas, Texaco E & P Inc., Panola County, 694 thousand reported
DONALD, F.H. — gas, Exxon Corp., Panola County, 694 thousand reported
HOLMES, S. L. — gas, Xto Energy Inc., Panola County, 693 thousand reported
HICKS, O. B. GU — gas, Vastar Resources, Inc., Panola County, 693 thousand reported
ASHTON 2 UNIT — gas, Conocophillips Company, Panola County, 693 thousand reported
SOUTHLAND PAPER CO. — gas, Devon Energy Production Co, L.P., Panola County, 692 thousand reported
SEALEY G.U. — gas, Goodrich Petroleum Company, Panola County, 692 thousand reported
HEMBY, T.G. GAS UNIT — gas, Preston Exploration LLC, Panola County, 692 thousand reported
KYLE, FRED "A" UNIT — gas, Anadarko E&P Company LP, Panola County, 692 thousand reported
YOUNGBLOOD-ROE UNIT — gas, Pennzoil Exploration & Prod. Co., Panola County, 691 thousand reported
WHITFIELD UNIT — gas, Chevron U. S. A. Inc., Panola County, 691 thousand reported
MOSS, W.S. ESTATE — gas, S M K Energy Corporation, Panola County, 691 thousand reported
BRANNON — gas, Devon Energy Production Co, L.P., Panola County, 691 thousand reported
CARTHAGE GAS UNIT — gas, Eog Resources, Inc., Panola County, 690 thousand reported
ADAMS, T. C. NCT-1 — gas, Chevron U. S. A. Inc., Panola County, 690 thousand reported
SOUTHLAND PAPER CO. — gas, Devon Energy Production Co, L.P., Panola County, 690 thousand reported
PARKER UNIT NO. 3 — gas, Smith, R. E. Interests, Inc., Panola County, 690 thousand reported
HULL UNIT A — gas, Pennzoil Exploration & Prod. Co., Panola County, 690 thousand reported
STERRETT — gas, Valence Operating Company, Panola County, 689 thousand reported
PARKER UNIT NO. 3 — gas, Eog Resources, Inc., Panola County, 689 thousand reported
WERNER "F" — gas, Texaco E & P Inc., Panola County, 688 thousand reported
CARTHAGE GAS UNIT — gas, Enron Oil & Gas Company, Panola County, 688 thousand reported
JENKINS GAS UNIT — gas, Stroud Energy, Ltd., Panola County, 688 thousand reported
DAVIS UNIT — gas, Comstock Oil & Gas, LP, Panola County, 687 thousand reported
BECKWORTH — gas, Seagull Mid-South, Inc., Panola County, 687 thousand reported
LOUIS-WERNER SAWMILL COMPANY — gas, Faulconer, Vernon E., Inc., Panola County, 687 thousand reported
INTERNATIONAL PAPER CO. — gas, Brammer Petroleum, Inc., Panola County, 687 thousand reported
JERNIGAN, MATTIE — gas, Arkla Exploration Co., Panola County, 686 thousand reported
CARTHAGE GAS UNIT — gas, Enron Oil & Gas Company, Panola County, 686 thousand reported
CARTHAGE GAS UNIT 7 — gas, Amoco Production Company, Panola County, 686 thousand reported
SEALEY, MAY — gas, Texaco E & P Inc., Panola County, 685 thousand reported
HARRIS, C.E. GAS UNIT — gas, Chinn Exploration Company, Panola County, 685 thousand reported
BEASLEY 3 UNIT — gas, Phillips Petroleum Company, Panola County, 685 thousand reported
YOUNGBLOOD-ROE UNIT — gas, Devon Energy Production Co, L.P., Panola County, 685 thousand reported
FITE, J.B. GAS UNIT — gas, Sonat Exploration Company -Tyler, Panola County, 685 thousand reported
FONVILLE — gas, Winchester Production Company, Panola County, 685 thousand reported
HARRIS, J.W. — gas, Chevron U. S. A. Inc., Panola County, 684 thousand reported
MASON — gas, Arkla Exploration Co., Panola County, 684 thousand reported
MAUDE 2 UNIT — gas, Conocophillips Company, Panola County, 684 thousand reported
ROQUEMORE, H. G. — gas, Faulconer, Vernon E., Inc., Panola County, 684 thousand reported
SHARP, BELLE — gas, Texas American Resources Company, Panola County, 684 thousand reported
PAGE — gas, Ocean Energy, Inc., Panola County, 684 thousand reported
SEALEY, MAY — gas, Chevron U. S. A. Inc., Panola County, 684 thousand reported
RUDMAN UNIT 2 — gas, Comstock Oil & Gas, Inc., Panola County, 684 thousand reported
SOUTHLAND PAPER CO. — gas, Devon Energy Production Co, L.P., Panola County, 684 thousand reported
CHADWICK GAS UNIT-MCLENDON — gas, Pennzoil Exploration & Prod. Co., Panola County, 684 thousand reported
HULL UNIT A — gas, Pennzoil Exploration & Prod. Co., Panola County, 683 thousand reported
FROST HULL — gas, Lacy, R., Inc., Panola County, 683 thousand reported
CARTHAGE GAS UNIT — gas, Enron Oil & Gas Company, Panola County, 683 thousand reported
EDDY, EMMA — gas, Chevron U. S. A. Inc., Panola County, 683 thousand reported
BRUMBLE UNIT — gas, Pennzoil Exploration & Prod. Co., Panola County, 683 thousand reported
CARTHAGE GAS UNIT — gas, Enron Oil & Gas Company, Panola County, 682 thousand reported
SHAW UNIT — gas, Pennzoil Exploration & Prod. Co., Panola County, 682 thousand reported
WERNER-WHITE UNIT — gas, Texaco E & P Inc., Panola County, 681 thousand reported
DAVIS, S.L. GAS UNIT — gas, Arco Oil & Gas Co., Panola County, 681 thousand reported
POWELL "A2" — gas, Chevron U. S. A. Inc., Panola County, 681 thousand reported
HOPPER UNIT NO. 1 — gas, Eog Resources, Inc., Panola County, 680 thousand reported
SOAPE, C.P. — gas, Arkla Exploration Co., Panola County, 680 thousand reported
CGU 36 — gas, Anadarko E&P Company LP, Panola County, 679 thousand reported
BURNETT BROTHERS — gas, BP America Production Company, Panola County, 679 thousand reported
CORDRAY UNIT — gas, Xto Energy Inc., Panola County, 679 thousand reported
ALLISON UNIT — gas, Devon Energy Production Co, L.P., Panola County, 679 thousand reported
SMITH ET AL — gas, Craton Energy Holdings III, LP, Panola County, 679 thousand reported
BRODERICK GU 1, BESS SMITH — gas, Exxon Corp., Panola County, 679 thousand reported
HODGES, J.E. GAS UNIT — gas, Samson Lone Star LP, Panola County, 679 thousand reported
BECKWORTH — gas, Sheridan Production Company, LLC, Panola County, 679 thousand reported
DEASON — gas, Shelby Operating Company, Panola County, 679 thousand reported
FURRH, J. D. JR. ET AL — gas, Estate Oil & Gas Corp., Panola County, 678 thousand reported
TATUM B-BRIAR — gas, Diversified Production LLC, Panola County, 678 thousand reported
DUNAWAY GAS UNIT — gas, Glassell, Alfred C., JR., Panola County, 676 thousand reported
REED, A.J. ESTATE — gas, Chesapeake Operating, Inc., Panola County, 676 thousand reported
THOMAS, CHARLES — gas, Devon Energy Production Co, L.P., Panola County, 676 thousand reported
DODD, RUBY UNIT — gas, Lacy Operations, Ltd., Panola County, 676 thousand reported
THOMPSON UNIT — gas, Pennzoil Exploration & Prod. Co., Panola County, 676 thousand reported
BROOKS, C. — gas, Patara Oil & Gas LLC, Panola County, 675 thousand reported
HULL UNIT A — gas, Devon Energy Production Co, L.P., Panola County, 675 thousand reported
CGU 5 — gas, Union Pacific Resources Company, Panola County, 675 thousand reported
CARTHAGE GAS UNIT — gas, Enron Oil & Gas Company, Panola County, 675 thousand reported
SMITH, J. J. — gas, Eog Resources, Inc., Panola County, 675 thousand reported
HOGG, ALLIE MARIE — gas, Hunt Petroleum Corporation, Panola County, 675 thousand reported
PORTER — gas, Comstock Oil & Gas, LP, Panola County, 675 thousand reported
POWERS, BILL — gas, Xto Energy Inc., Panola County, 674 thousand reported
EDDY, EMMA — gas, Texaco E & P Inc., Panola County, 674 thousand reported
PARKER UNIT 2 — gas, Lacy Operations, Ltd., Panola County, 674 thousand reported
PETER 2 UNIT — gas, Conocophillips Company, Panola County, 674 thousand reported
HEBERT — gas, Arkla Exploration Co., Panola County, 674 thousand reported
SHIVERS-PEEPLES UNIT — gas, Chevron U. S. A. Inc., Panola County, 674 thousand reported
PIRKLE, L.H. — gas, Classic Oil & Gas, Inc., Panola County, 674 thousand reported
CARTHAGE GAS UNIT — gas, Enron Oil & Gas Company, Panola County, 673 thousand reported
HULL UNIT A — gas, Sheridan Production Company, LLC, Panola County, 673 thousand reported
ROSS — gas, Altair Energy Corp., Panola County, 673 thousand reported
WEST CLAYTON — gas, Arco Oil & Gas Co., Panola County, 672 thousand reported
THOMAS, CHARLES — gas, Devon Energy Production Co, L.P., Panola County, 671 thousand reported
SABINE ROYALTY TRUST — gas, Eog Resources, Inc., Panola County, 670 thousand reported
HODGE, F. L. — gas, Sonat Exploration Company -Tyler, Panola County, 670 thousand reported
WALDROP GU 1 — gas, Comstock Oil & Gas, LP, Panola County, 670 thousand reported
PANOLA 2 UNIT — gas, Conocophillips Company, Panola County, 669 thousand reported
CAPPS GAS UNIT — gas, Pennzoil Exploration & Prod. Co., Panola County, 669 thousand reported
PORTER — gas, Comstock Oil & Gas, LP, Panola County, 669 thousand reported
SMITH ET AL — gas, Craton Energy Holdings III, LP, Panola County, 669 thousand reported
TURNER UNIT — gas, Lacy, R., Inc., Panola County, 669 thousand reported
CUMMINGS — gas, Seagull Energy E&P Inc., Panola County, 669 thousand reported
CARTHAGE UNIT — gas, Erso, Inc., Panola County, 668 thousand reported
ROBERTS GU — gas, Peoples Energy Prod.-TX, L.P., Panola County, 668 thousand reported
SOUTHLAND PAPER CO — gas, Devon Energy Production Co, L.P., Panola County, 668 thousand reported
GRAVES ESTATE — gas, Devon Energy Production Co, L.P., Panola County, 668 thousand reported
WALTON, ROBERT GAS UNIT — gas, Sonat Exploration Company -Tyler, Panola County, 668 thousand reported
LAGRONE, H. H. GU 1 — gas, Samson Lone Star LP, Panola County, 668 thousand reported
HARRIS, C. E. — gas, Richey Operating, Inc., Panola County, 668 thousand reported
CGU 12 — gas, Union Pacific Resources Company, Panola County, 668 thousand reported
SEALEY, MAY — gas, Chevron U. S. A. Inc., Panola County, 668 thousand reported
DENNARD UNIT — gas, Pennzoil Exploration & Prod. Co., Panola County, 667 thousand reported
ADAMS, T. C., NCT-1 — gas, Texaco E & P Inc., Panola County, 667 thousand reported
WERNER, LOUIS SAW MILL — gas, Ark-La-Tex Energy, L.L.C., Panola County, 667 thousand reported
WILLIAMSON, GENA — gas, Union Pacific Resources Company, Panola County, 667 thousand reported
CARTHAGE GAS UNIT — gas, Enron Oil & Gas Company, Panola County, 667 thousand reported
MANGHAM UNIT — gas, Devon Energy Production Co, L.P., Panola County, 667 thousand reported
DUNAWAY GAS UNIT — gas, Glassell, Alfred C., JR., Panola County, 667 thousand reported
COLEMAN — gas, Valence Operating Company, Panola County, 667 thousand reported
TOMPKINS — gas, Devon Energy Production Co, L.P., Panola County, 666 thousand reported
BREWSTER, J. T. GAS UNIT — gas, Arco Oil & Gas Co., Panola County, 666 thousand reported
BROWN, HERMAN GAS UNIT — gas, Vastar Resources, Inc., Panola County, 665 thousand reported
WERNER-THOMPSON — gas, Texaco E & P Inc., Panola County, 665 thousand reported
CGU 35 — gas, Union Pacific Resources Company, Panola County, 665 thousand reported
WHITAKER UNIT — gas, Pennzoil Exploration & Prod. Co., Panola County, 664 thousand reported
HARRIS-DRUMMOND GAS UNIT — gas, Totalfinaelf E&P USA Inc, Panola County, 664 thousand reported
CRENSHAW GAS UNIT 2 — gas, Texaco E & P Inc., Panola County, 664 thousand reported
FORT, CARRIE — gas, Tyler Oil & Gas Inc., Panola County, 664 thousand reported
VICE-SHIVERS — gas, Danmark Energy Services, Inc., Panola County, 663 thousand reported
CARTHAGE GAS UNIT — gas, Enron Oil & Gas Company, Panola County, 663 thousand reported
MCRAE, BLANCHE — gas, Arkla Exploration Co., Panola County, 663 thousand reported
BRUMBLE-STUDDARD — gas, Pennzoil Exploration & Prod. Co., Panola County, 663 thousand reported
CARTHAGE GAS UNIT — gas, Eog Resources, Inc., Panola County, 663 thousand reported
LAWLESS UNIT — gas, Totalfinaelf E&P USA Inc, Panola County, 662 thousand reported
SOUTH GARY GAS UNIT 1 — gas, Union Pacific Resources Company, Panola County, 662 thousand reported
THOMAS & WOOD — gas, Exxon Mobil Corporation, Panola County, 662 thousand reported
INGRAM 2 UNIT — gas, Conocophillips Company, Panola County, 662 thousand reported
RUDMAN UNIT 2 — gas, Comstock Oil & Gas, Inc., Panola County, 662 thousand reported
WILLIAMSON — gas, Arkla Exploration Co., Panola County, 662 thousand reported
JONES, A. GU — gas, Goodrich Petroleum Company, Panola County, 661 thousand reported
CRUMP GAS UNIT — gas, Chesapeake Operating, Inc., Panola County, 661 thousand reported
SHARP, BELLE — gas, Texas American Resources Company, Panola County, 661 thousand reported
SOUTHLAND PAPER CO. — gas, Arkla Exploration Co., Panola County, 660 thousand reported
CARTHAGE GAS UNIT 110 — gas, Chevron U. S. A. Inc., Panola County, 660 thousand reported
RITTER, MATTIE HEIRS — gas, Arkla Exploration Co., Panola County, 659 thousand reported
FITE UNIT — gas, Pennzenergy Exp. & Prod., L.L.C., Panola County, 659 thousand reported
EDGAR — gas, Shelby Operating Company, Panola County, 659 thousand reported
LAZARINE GAS UNIT 3 — gas, Indigo Minerals LLC, Panola County, 657 thousand reported
TAYLOR BROS. — gas, Goodrich Petroleum Company, Panola County, 657 thousand reported
CARTHAGE GAS UNIT 112 — gas, BRG Petroleum, Inc., Panola County, 657 thousand reported
SOUTHLAND PAPER COMPANY — gas, Texaco E & P Inc., Panola County, 657 thousand reported
MATTHEWS, S.E. UNIT — gas, Chevron U. S. A. Inc., Panola County, 657 thousand reported
BRANNON — gas, Devon Energy Production Co, L.P., Panola County, 656 thousand reported
SHAW UNIT — gas, Pennzoil Exploration & Prod. Co., Panola County, 656 thousand reported
COPELAND UNIT 2 — gas, Smith, R. E. Interests, Inc., Panola County, 655 thousand reported
WOOLWORTH, J.D. — gas, Samson Lone Star LP, Panola County, 655 thousand reported
PIRKLE, L.H. "C" — gas, Exxon Mobil Corporation, Panola County, 655 thousand reported
SMITH, ELLA UNIT 1 — gas, Harleton Oil & Gas Inc., Panola County, 655 thousand reported
THOMPSON UNIT — gas, Pennzoil Exploration & Prod. Co., Panola County, 654 thousand reported
ELLIS, S.A. — gas, Comstock Oil & Gas, LP, Panola County, 654 thousand reported
MANGHAM UNIT — gas, Devon Energy Production Co, L.P., Panola County, 654 thousand reported
CGU 18 — gas, Anadarko E&P Company LP, Panola County, 654 thousand reported
HARRIS, S.S. UNIT — gas, Texaco E & P Inc., Panola County, 654 thousand reported
FREEMAN GAS UNIT — gas, Anadarko E&P Company LP, Panola County, 654 thousand reported
CARTHAGE GAS UNIT 11 — gas, BP America Production Company, Panola County, 654 thousand reported
ADAMS, T. C. ET UX NCT-1 — gas, Texaco E & P Inc., Panola County, 654 thousand reported
CARTHAGE GAS UNIT — gas, Enron Oil & Gas Company, Panola County, 654 thousand reported
BURNETT UNIT 7 — gas, Lacy Operations, Ltd., Panola County, 654 thousand reported
BORDERS-SMITH UNIT 3 — gas, Harleton Oil & Gas Inc., Panola County, 654 thousand reported
WERNER-KOYLE — gas, Harleton Oil & Gas Inc., Panola County, 653 thousand reported
SHIVERS GAS UNIT — gas, Union Pacific Resources Company, Panola County, 653 thousand reported
MCJIMSEY GAS UNIT — gas, Stroud Energy, Ltd., Panola County, 653 thousand reported
WERNER-CARAWAY — gas, Samson Lone Star LP, Panola County, 653 thousand reported
CGU 27 — gas, Anadarko E&P Company LP, Panola County, 652 thousand reported
NORTHCUTT — gas, Lacy Operations, Ltd., Panola County, 652 thousand reported
SOAPE, A. C. GAS UNIT — gas, Vastar Resources, Inc., Panola County, 652 thousand reported
MANGHAM UNIT — gas, Devon Energy Production Co, L.P., Panola County, 652 thousand reported
LANGFORD — gas, Devon Energy Production Co, L.P., Panola County, 651 thousand reported
SEALEY, MAY — gas, Chevron U. S. A. Inc., Panola County, 651 thousand reported
CGU 25 — gas, Anadarko E&P Company LP, Panola County, 650 thousand reported
HUNT — gas, Classic Oil & Gas, Inc., Panola County, 650 thousand reported
PORTER — gas, Comstock Oil & Gas, LP, Panola County, 650 thousand reported
WERNER-BURTON UNIT — gas, Texaco E & P Inc., Panola County, 650 thousand reported
WOOLWORTH — gas, Hopewell Operating, Inc., Panola County, 650 thousand reported
CARTHAGE UNIT — gas, Erso, Inc., Panola County, 650 thousand reported
CRENSHAW GAS UNIT NO. 1 — gas, Texaco E & P Inc., Panola County, 649 thousand reported
KANGAROO GAS UNIT 16 — gas, Anadarko E&P Company LP, Panola County, 649 thousand reported
BOURN — gas, Sonat Exploration Company -Tyler, Panola County, 649 thousand reported
FITE, J.B. GAS UNIT — gas, Comstock Oil & Gas, LP, Panola County, 648 thousand reported
HANCOCK — gas, Medallion Production Company, Panola County, 648 thousand reported
BURNETT UNIT 4 — gas, Lacy, R., Inc., Panola County, 648 thousand reported
BURNETT — gas, Enron Oil & Gas Company, Panola County, 648 thousand reported
BLACK UNIT — gas, Devon Energy Production Co, L.P., Panola County, 648 thousand reported
WHITFIELD UN. — gas, Texaco E & P Inc., Panola County, 647 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.