Oil and gas leases in Panola County — page 27

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 27 of 47

BURNETT UNIT 1 — gas, Lacy, R., Inc., Panola County, 604 thousand reported
CGU 7 — gas, Anadarko E&P Company LP, Panola County, 604 thousand reported
TOMPKINS-SPENCER — gas, Texaco E & P Inc., Panola County, 604 thousand reported
MULLINS — gas, Seagull Energy E&P Inc., Panola County, 604 thousand reported
ROBERTS UNIT — gas, Devon Energy Production Co, L.P., Panola County, 603 thousand reported
BREWSTER, J. T. GAS UNIT — gas, Arco Oil & Gas Co., Panola County, 603 thousand reported
BROWNING, H.D. GAS UNIT 1 — gas, Chesapeake Operating, Inc., Panola County, 603 thousand reported
SOUTHLAND PAPER COMPANY "A" UNIT — gas, Texaco E & P Inc., Panola County, 603 thousand reported
JOHNSON, B.J. UNIT — gas, Texaco E & P Inc., Panola County, 603 thousand reported
SHARP, BELLE — gas, Texas American Resources Company, Panola County, 602 thousand reported
CAUDLE, DAHLIA O. UNIT #1 — gas, Anadarko E&P Company LP, Panola County, 602 thousand reported
WILLEY, LOUIS — gas, Bowles Energy, Inc., Panola County, 602 thousand reported
CARTHAGE GAS UNIT — gas, Eog Resources, Inc., Panola County, 602 thousand reported
DAVIS, S.L. GAS UNIT — gas, Arco Oil & Gas Co., Panola County, 602 thousand reported
CGU 5 — gas, Anadarko E&P Company LP, Panola County, 601 thousand reported
BURNETT BROS. — gas, BP America Production Company, Panola County, 601 thousand reported
LASHLEY, M. GAS UNIT — gas, Union Pacific Resources Company, Panola County, 601 thousand reported
CGU 11 — gas, Union Pacific Resources Company, Panola County, 601 thousand reported
ADAMS, T. C. ET UX NCT-1 — gas, Texaco E & P Inc., Panola County, 600 thousand reported
STEELE, CORRIE — gas, Devon Energy Production Co, L.P., Panola County, 600 thousand reported
PITTS A UNIT — gas, Phillips Petroleum Company, Panola County, 600 thousand reported
WEDGEWORTH — gas, Devon Energy Production Co, L.P., Panola County, 600 thousand reported
CGU 8 — gas, Anadarko E&P Company LP, Panola County, 600 thousand reported
WERNER-JORDAN UNIT — gas, Chevron U. S. A. Inc., Panola County, 599 thousand reported
REILLY-TILLER — gas, Graward Operating, Inc., Panola County, 599 thousand reported
COOKE, J. W. UNIT 2 — gas, Lacy, R., Inc., Panola County, 599 thousand reported
CARTHAGE GAS UNIT 13 — gas, Amoco Production Company, Panola County, 598 thousand reported
YARBOROUGH GAS UNIT NO. 1 — gas, Chesapeake Operating, Inc., Panola County, 598 thousand reported
PANOLA DEVELOPMENT COMPANY — gas, Glassell, Alfred C., JR., Panola County, 598 thousand reported
BEASON — gas, Andrew Alan Exploration, Inc., Panola County, 598 thousand reported
WILTCHER, J.W. — gas, Harleton Oil & Gas Inc., Panola County, 597 thousand reported
THOMAS, CHARLES — gas, Arkla Exploration Co., Panola County, 597 thousand reported
CADENHEAD — gas, Sendero Energy Inc., Panola County, 596 thousand reported
TILLER — gas, Sonat Exploration Company -Tyler, Panola County, 596 thousand reported
BURTON, BILLIE JEAN — gas, Seagull Mid-South, Inc., Panola County, 596 thousand reported
BURNETT BROTHERS — gas, Amoco Production Company, Panola County, 596 thousand reported
ALLISON, G.T. GAS UNIT — gas, Vastar Resources, Inc., Panola County, 595 thousand reported
CARTHAGE GAS UNIT NO. 15 — gas, Amoco Production Company, Panola County, 595 thousand reported
CARTER ESTATE — gas, Samson Lone Star LP, Panola County, 595 thousand reported
CURTIS, A. B. — gas, Texaco E & P Inc., Panola County, 595 thousand reported
SMITH — gas, M. E. Operating & Services, Inc., Panola County, 595 thousand reported
HOGG, ALLIE MARIE — gas, Hunt Petroleum Corporation, Panola County, 594 thousand reported
DODD, RUBY UNIT — gas, R. Lacy Services, Ltd., Panola County, 594 thousand reported
MCRAE, BLANCHE — gas, Devon Energy Production Co, L.P., Panola County, 594 thousand reported
MASON — gas, Devon Energy Production Co, L.P., Panola County, 594 thousand reported
PORTER, RICHARD — gas, Winchester Production Company, Panola County, 593 thousand reported
METCALF, FRED — gas, Sonat Exploration Company -Tyler, Panola County, 593 thousand reported
INGRAM 2 UNIT — gas, Phillips Petroleum Company, Panola County, 593 thousand reported
WERNER-BARNETT — gas, Texaco E & P Inc., Panola County, 592 thousand reported
MCRAE, BLANCHE — gas, Devon Energy Production Co, L.P., Panola County, 592 thousand reported
COPELAND UNIT 2 — gas, Enron Oil & Gas Company, Panola County, 592 thousand reported
HARRIS, C.E. GAS UNIT — gas, Chinn Exploration Company, Panola County, 592 thousand reported
HODGES, J.E. GAS UNIT — gas, Samson Lone Star LP, Panola County, 591 thousand reported
MITCHELL, J. H. — gas, Faulconer, Vernon E., Inc., Panola County, 591 thousand reported
CGU 26 — gas, Anadarko E&P Company LP, Panola County, 591 thousand reported
ALEXANDER, J. W. — gas, Sonat Exploration Company -Tyler, Panola County, 591 thousand reported
CARTHAGE GAS UNIT — gas, Enron Oil & Gas Company, Panola County, 591 thousand reported
MATTHEWS, S.E. UNIT — gas, Texaco E & P Inc., Panola County, 591 thousand reported
FORAN — gas, Basa Resources, Inc., Panola County, 591 thousand reported
LAWLESS UNIT — gas, Total E&P USA, Inc., Panola County, 590 thousand reported
CARTHAGE GAS UNIT — gas, Enron Oil & Gas Company, Panola County, 590 thousand reported
BLACK, VERA — gas, Sonat Exploration Company -Tyler, Panola County, 590 thousand reported
DAVIS UNIT — gas, Comstock Oil & Gas, LP, Panola County, 590 thousand reported
WALDROP GU 1 — gas, Comstock Oil & Gas, LP, Panola County, 590 thousand reported
CARTHAGE GAS UNIT — gas, Enron Oil & Gas Company, Panola County, 589 thousand reported
HAYNES — gas, Brandon Energy, Inc., Panola County, 589 thousand reported
TOMPKINS-SPENCER — gas, Chevron U. S. A. Inc., Panola County, 589 thousand reported
WILSON, HAROLD GAS UNIT "A" — gas, Kerr-Mcgee Corporation, Panola County, 589 thousand reported
HULL UNIT A — gas, Pennzoil Exploration & Prod. Co., Panola County, 589 thousand reported
HICKS, O. B. GU — gas, Arco Oil & Gas Co., Panola County, 588 thousand reported
PAGE, L.E. — gas, Devon Energy Production Co, L.P., Panola County, 588 thousand reported
KNIGHT-STRONG GAS UNIT — gas, Samson Lone Star LP, Panola County, 588 thousand reported
PRIESTLY-HOLMES UNIT — gas, Union Pacific Resources Company, Panola County, 588 thousand reported
WILLIAMSON — gas, Seagull Energy E&P Inc., Panola County, 588 thousand reported
CALDWELL "B" — gas, Costilla Energy, Inc., Panola County, 587 thousand reported
BEALL-BARKSDALE — gas, Chevron U. S. A. Inc., Panola County, 587 thousand reported
CUMMINGS — gas, Seagull Energy E&P Inc., Panola County, 586 thousand reported
DANIELS -B- — gas, Oxy USA Inc., Panola County, 586 thousand reported
PIRKLE, L.H. "C" — gas, Chesapeake Operating, Inc., Panola County, 586 thousand reported
CARTHAGE UNIT 110 — gas, Chevron U. S. A. Inc., Panola County, 585 thousand reported
DUNAWAY — gas, Glassell, Alfred C., JR., Panola County, 585 thousand reported
BRANNON — gas, Arkla Exploration Co., Panola County, 585 thousand reported
WILLIAMS, A. GAS UNIT — gas, Penn Virginia Oil & Gas, L.P., Panola County, 584 thousand reported
BLEAKLEY, P. J. UNIT — gas, Chevron U. S. A. Inc., Panola County, 584 thousand reported
BOZEMAN — gas, Basa Resources, Inc., Panola County, 584 thousand reported
CARTHAGE GAS UNIT 111 — gas, Oxy USA Inc., Panola County, 584 thousand reported
WERNER, LOUIS SAWMILL — gas, Totalfinaelf E&P USA Inc, Panola County, 584 thousand reported
WALDROP GU 1 — gas, Comstock Oil & Gas, LP, Panola County, 584 thousand reported
CGU 9 — gas, Union Pacific Resources Company, Panola County, 584 thousand reported
BEALL-NORMAN — gas, Texaco E & P Inc., Panola County, 584 thousand reported
GENRE — gas, Samson Lone Star LP, Panola County, 584 thousand reported
PITTS A UNIT — gas, Phillips Petroleum Company, Panola County, 584 thousand reported
LEWIS UNIT — gas, Pennzoil Exploration & Prod. Co., Panola County, 584 thousand reported
WALDROP GU "A" 1 — gas, Comstock Oil & Gas, LP, Panola County, 583 thousand reported
FLOYD GAS UNIT — gas, Fina Oil & Chemical Company, Panola County, 583 thousand reported
CARTHAGE GAS UNIT 17 — gas, Matador Operating Company, Panola County, 583 thousand reported
BRUMBLE UNIT — gas, Devon Energy Production Co, L.P., Panola County, 583 thousand reported
DANIEL, Z.L. GAS UNIT — gas, Eog Resources, Inc., Panola County, 582 thousand reported
DAVIS UNIT — gas, Comstock Oil & Gas, LP, Panola County, 582 thousand reported
JOHNSON, B.J. UNIT — gas, Chevron U. S. A. Inc., Panola County, 582 thousand reported
JOHNSON, ROBERT — gas, Andrew Alan Exploration, Inc., Panola County, 582 thousand reported
BIRD, G.W. GAS UNIT — gas, Glassell Producing Company, Inc., Panola County, 581 thousand reported
BROWN — gas, Buffco Production Inc., Panola County, 581 thousand reported
CGU 7 — gas, Anadarko E&P Company LP, Panola County, 581 thousand reported
CGU 7 — gas, Union Pacific Resources Company, Panola County, 581 thousand reported
WEINER — gas, Cook Exploration Co., Panola County, 580 thousand reported
COLLINS UNIT — gas, Devon Energy Production Co, L.P., Panola County, 580 thousand reported
HAMILTON, GLOVIER UNIT — gas, Texas American Resources Company, Panola County, 580 thousand reported
BOURN — gas, Sonat Exploration Company -Tyler, Panola County, 580 thousand reported
CARTHAGE GAS UNIT 10 — gas, Amoco Production Company, Panola County, 580 thousand reported
CHADWICK — gas, Winchester Production Company, Panola County, 579 thousand reported
BARRYER — gas, Comstock Oil & Gas, LP, Panola County, 579 thousand reported
SOUTH GARY UNIT 2 — gas, Pinewood Exploration Inc., Panola County, 579 thousand reported
CGU 21 — gas, Union Pacific Resources Company, Panola County, 579 thousand reported
HOOKER, J. B. — gas, Richey Operating, Inc., Panola County, 579 thousand reported
ALLISON UNIT — gas, Devon Energy Production Co, L.P., Panola County, 578 thousand reported
FITE, J.B. GAS UNIT — gas, Comstock Oil & Gas, LP, Panola County, 578 thousand reported
AMERICAN LEGION — gas, Texaco E & P Inc., Panola County, 578 thousand reported
BEALL, W.F. — gas, Texaco E & P Inc., Panola County, 577 thousand reported
PARKER UNIT #1 — gas, Lacy Operations, Ltd., Panola County, 577 thousand reported
POWERS, E. C. GU — gas, Texaco E & P Inc., Panola County, 577 thousand reported
HOLLAND GAS UNIT NO. 1 — gas, Craton Energy Holdings III, LP, Panola County, 577 thousand reported
SHIVERS UNIT — gas, Chevron U. S. A. Inc., Panola County, 577 thousand reported
LANGFORD — gas, Devon Energy Production Co, L.P., Panola County, 577 thousand reported
HOLMES, PRIESTLY UNIT — gas, Union Pacific Resources Company, Panola County, 576 thousand reported
BOUNDS, JOHN — gas, Texaco E & P Inc., Panola County, 576 thousand reported
FURRH 'B' — gas, Sonat Exploration Company -Tyler, Panola County, 576 thousand reported
BREWSTER, J. T. GAS UNIT — gas, Vastar Resources, Inc., Panola County, 575 thousand reported
ROBERTS GAS UNIT — gas, Sonat Exploration Company -Tyler, Panola County, 575 thousand reported
CGU 28 — gas, Anadarko E&P Company LP, Panola County, 575 thousand reported
MCRAE, BLANCHE — gas, Devon Energy Production Co, L.P., Panola County, 575 thousand reported
CARTHAGE GAS UNIT NO. 9 — gas, Amoco Production Company, Panola County, 575 thousand reported
SMITH, ELLA UNIT 1 — gas, Union Pacific Resources Company, Panola County, 575 thousand reported
GRIFFITH — gas, Devon Energy Production Co, L.P., Panola County, 574 thousand reported
CHADWICK UNIT — gas, Pennzenergy Exp. & Prod., L.L.C., Panola County, 574 thousand reported
BALL 2 UNIT — gas, Conocophillips Company, Panola County, 574 thousand reported
AGURS — gas, Shelby Operating Company, Panola County, 574 thousand reported
RUDMAN UNIT 2 — gas, Comstock Oil & Gas, Inc., Panola County, 574 thousand reported
MATTHEWS, S.E. UNIT — gas, Chevron U. S. A. Inc., Panola County, 574 thousand reported
JONES, ROSA -A- — gas, Oklahoma RB Operating Company, Panola County, 573 thousand reported
SMITH, J. J. — gas, Eog Resources, Inc., Panola County, 573 thousand reported
CARTHAGE GAS UNIT 11 — gas, BP America Production Company, Panola County, 573 thousand reported
CARTHAGE GAS UNIT — gas, Enron Oil & Gas Company, Panola County, 573 thousand reported
FROST LUMBER IND. — gas, Loutex Production Company, Panola County, 573 thousand reported
CARTER, OLA EST. — gas, Reynolds Drilling Co., Inc., Panola County, 573 thousand reported
BEALL-BARKSDALE — gas, Chevron U. S. A. Inc., Panola County, 573 thousand reported
BURNETT BROTHERS — gas, BP America Production Company, Panola County, 572 thousand reported
WERNER-SPRADLEY UNIT — gas, Texaco E & P Inc., Panola County, 571 thousand reported
COPELAND UNIT 2 — gas, Enron Oil & Gas Company, Panola County, 571 thousand reported
POWERS, E.C. — gas, Texaco E & P Inc., Panola County, 571 thousand reported
BROWN UNIT 1 — gas, Lacy, R., Inc., Panola County, 571 thousand reported
HICKS, O.B. GAS UNIT — gas, Vastar Resources, Inc., Panola County, 571 thousand reported
MYERS "A" — gas, Samson Lone Star LP, Panola County, 571 thousand reported
CHRISTIAN, C.O. HEIRS UNIT — gas, Glassell, Alfred C., JR., Panola County, 571 thousand reported
ANDERSON, ALMA GAS UNIT — gas, Classic Oil & Gas, Inc., Panola County, 571 thousand reported
HICKEY, F.S. ET AL — gas, Sendero Energy Inc., Panola County, 569 thousand reported
SHARP, BELLE UNIT — gas, Union Pacific Resources Company, Panola County, 569 thousand reported
FURRH COOPER GU 1 — gas, Samson Lone Star LP, Panola County, 568 thousand reported
MATTHEWS, S.E. UNIT — gas, Chevron U. S. A. Inc., Panola County, 568 thousand reported
KYLE, J. R. -A- — gas, Union Pacific Resources Company, Panola County, 567 thousand reported
CGU 9 — gas, Anadarko E&P Company LP, Panola County, 567 thousand reported
CGU 23 — gas, Union Pacific Resources Company, Panola County, 567 thousand reported
FURRH COOPER GAS UNIT — gas, Sonat Exploration Company -Tyler, Panola County, 567 thousand reported
GENECOV — gas, Chevron U. S. A. Inc., Panola County, 567 thousand reported
DUNAWAY GAS UNIT — gas, Harleton Oil & Gas Inc., Panola County, 566 thousand reported
HOLMES, PRIESTLY UNIT — gas, Union Pacific Resources Company, Panola County, 566 thousand reported
WERNER-CLARENCE UNIT — gas, Texaco E & P Inc., Panola County, 566 thousand reported
BURNETT UNIT 2 — gas, Lacy Operations, Ltd., Panola County, 566 thousand reported
WILLIAMS, A. GAS UNIT — gas, Penn Virginia Oil & Gas, L.P., Panola County, 566 thousand reported
BRANNON — gas, Devon Energy Production Co, L.P., Panola County, 566 thousand reported
BURNETT BROTHERS — gas, BP America Production Company, Panola County, 565 thousand reported
MARSHALL, HOMER — gas, Anadarko E&P Company LP, Panola County, 565 thousand reported
ADAMS, T. C. — gas, Pennzoil Exploration & Prod. Co., Panola County, 564 thousand reported
CARTER ESTATE — gas, Samson Lone Star LP, Panola County, 564 thousand reported
ADAMS, T.C. NCT-1 — gas, Chevron U. S. A. Inc., Panola County, 564 thousand reported
ALLISON, G.T. GAS UNIT — gas, Vastar Resources, Inc., Panola County, 564 thousand reported
HOOKER, CHARLES G. — gas, Preston Exploration LLC, Panola County, 564 thousand reported
HUDSON-JOHNSON UNIT — gas, Pennzenergy Exp. & Prod., L.L.C., Panola County, 563 thousand reported
GENECOV — gas, Pedeco, Inc., Panola County, 563 thousand reported
POWERS, E.C. — gas, Chevron U. S. A. Inc., Panola County, 563 thousand reported
ROBERTS GAS UNIT — gas, Comstock Oil & Gas, LP, Panola County, 563 thousand reported
HOPPER UNIT NO. 1 — gas, Enron Oil & Gas Company, Panola County, 562 thousand reported
REEVES-MCMILLAN — gas, Texaco E & P Inc., Panola County, 562 thousand reported
BANKS, W.R. — gas, Exxon Corp., Panola County, 562 thousand reported
GRIFFITH — gas, Seagull Energy E&P Inc., Panola County, 561 thousand reported
WOOLWORTH, J. D. — gas, Richey Operating, Inc., Panola County, 561 thousand reported
BRIGGS, W. F. — gas, Sonat Exploration Company -Tyler, Panola County, 561 thousand reported
WERNER-LAFOY GAS UNIT — gas, Texaco E & P Inc., Panola County, 561 thousand reported
HARRISON, R. GAS UNIT — gas, BP America Production Company, Panola County, 561 thousand reported
BURNETT BROTHERS — gas, Amoco Production Company, Panola County, 561 thousand reported
POWELL "A-2" UNIT — gas, Texaco E & P Inc., Panola County, 561 thousand reported
ANDERSON, ALMA GAS UNIT — gas, Classic Oil & Gas, Inc., Panola County, 560 thousand reported
BROOKS, C. — gas, Patara Oil & Gas LLC, Panola County, 560 thousand reported
NEAL, SALLIE J. UNIT — gas, Union Pacific Resources Company, Panola County, 560 thousand reported
METCALF "D" — gas, Chinn Exploration Company, Panola County, 560 thousand reported
POWERS, E. C. GU — gas, Texaco E & P Inc., Panola County, 560 thousand reported
CHADWICK UNIT — gas, Devon Energy Production Co, L.P., Panola County, 560 thousand reported
HEADRICK — gas, ST. Mary Land & Exploration Co., Panola County, 560 thousand reported
GULLEY, M.E. GAS UNIT — gas, Devon Energy Production Co, L.P., Panola County, 560 thousand reported
BURNETT BROTHERS — gas, BP America Production Company, Panola County, 560 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.