Oil and gas leases in Panola County — page 35

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 35 of 47

BELL, C.I. GAS UNIT 1 — gas, Chesapeake Operating, Inc., Panola County, 227 thousand reported
WEST CLAYTON GAS UNIT — gas, TGX Corporation, Panola County, 227 thousand reported
CAUDLE, DAHLIA O. UNIT 1 — gas, Rme Petroleum Company, Panola County, 227 thousand reported
WERNER-CARAWAY — gas, Big Run Production Company, Panola County, 226 thousand reported
AUSTIN, ZELMA — gas, Patara Oil & Gas LLC, Panola County, 226 thousand reported
WERNER-BRELSFORD UNIT — gas, Texaco E & P Inc., Panola County, 226 thousand reported
WERNER-STEVENS GAS UNIT — gas, Chevron U. S. A. Inc., Panola County, 225 thousand reported
OXSHEER — gas, Fredonia Resources Inc., Panola County, 225 thousand reported
SPARKS GAS UNIT NO. 1 — gas, Penn Virginia Oil & Gas, L.P., Panola County, 225 thousand reported
CARTHAGE GAS UNIT — gas, Enron Oil & Gas Company, Panola County, 225 thousand reported
DOBBINS GU — gas, Patara Oil & Gas LLC, Panola County, 225 thousand reported
NOLAN — gas, Andrew Alan Exploration, Inc., Panola County, 225 thousand reported
MCJIMSEY — gas, Penn Virginia Oil & Gas, L.P., Panola County, 225 thousand reported
POPE, JEAN — gas, Deep Rock Resources, Inc., Panola County, 224 thousand reported
NELLO MAE BLANCHE — gas, Big Run Production Company, Panola County, 223 thousand reported
GRIFFITH — gas, Arkla Exploration Co., Panola County, 223 thousand reported
HEBERT — gas, Sheridan Production Company, LLC, Panola County, 223 thousand reported
PITTS A UNIT — gas, Conocophillips Company, Panola County, 223 thousand reported
BREWSTER, J.T. GAS UNIT — gas, Vastar Resources, Inc., Panola County, 222 thousand reported
REED — gas, Strand Energy, L.C., Panola County, 221 thousand reported
WALLACE UNIT — gas, Devon Energy Production Co, L.P., Panola County, 221 thousand reported
BRIGGS, W.F. — gas, Sonat Exploration Company -Tyler, Panola County, 221 thousand reported
DUNAWAY GAS UNIT — gas, Glassell Producing Company, Inc., Panola County, 221 thousand reported
BALL 2 UNIT — gas, Conocophillips Company, Panola County, 221 thousand reported
DAVIS, VERA — gas, Sojitz Energy Venture, Inc., Panola County, 221 thousand reported
MHS-WELLS — gas, Winchester Production Company, Panola County, 221 thousand reported
COCKRELL — gas, Key Production Co., Panola County, 221 thousand reported
HEMBY, T.G. GU 1 — gas, Danmark Energy Services, Inc., Panola County, 220 thousand reported
BRANNON — gas, Devon Energy Production Co, L.P., Panola County, 220 thousand reported
MCJIMSEY — gas, Penn Virginia Oil & Gas, L.P., Panola County, 219 thousand reported
BRANTLEY, BERTHA ET AL — gas, Strat Land Exploration Company, Panola County, 219 thousand reported
WERNER, LOUIS SAW MILL CO. — gas, Sheridan Production Company, LLC, Panola County, 219 thousand reported
HULL UNIT A — gas, Devon Energy Production Co, L.P., Panola County, 219 thousand reported
CARTHAGE GAS UNIT 7 — gas, Amoco Production Company, Panola County, 219 thousand reported
KELLY-LINCOLN UNIT — gas, Chevron U. S. A. Inc., Panola County, 218 thousand reported
BURNETT UNIT 4 — gas, Lacy, R., Inc., Panola County, 218 thousand reported
HIGHTOWER, IRMA UNIT -A- — gas, Fina Oil & Chemical Company, Panola County, 218 thousand reported
REED ESTATE UNIT — gas, Union Pacific Resources Company, Panola County, 218 thousand reported
MCRAE, BLANCHE — gas, Sheridan Production Co III, LLC, Panola County, 218 thousand reported
WILSON UNIT — gas, Devon Energy Production Co, L.P., Panola County, 218 thousand reported
CGU 9 — gas, Cci East Texas Upstream LLC, Panola County, 218 thousand reported
CARTHAGE GAS UNIT NO. 14 — gas, Amoco Production Company, Panola County, 218 thousand reported
THOMAS, CHARLES — gas, Devon Energy Production Co, L.P., Panola County, 218 thousand reported
HICKS GAS UNIT — gas, Texaco E & P Inc., Panola County, 218 thousand reported
ROQUEMORE, ET AL — gas, Lacy, R., Inc., Panola County, 217 thousand reported
WERNER-WHITE UNIT — gas, Texaco E & P Inc., Panola County, 217 thousand reported
BURNS, LIZZIE ET AL UNIT — gas, Chevron U. S. A. Inc., Panola County, 217 thousand reported
WRIGHT-TWOMEY — gas, O'Benco, Inc., Panola County, 217 thousand reported
JONES, O. L. GU — gas, Texaco E & P Inc., Panola County, 217 thousand reported
WERNER "A" — gas, Texaco E & P Inc., Panola County, 217 thousand reported
ROQUEMORE, NANNIE — gas, Sonat Exploration Company -Tyler, Panola County, 217 thousand reported
HOLCOMBE — gas, Sonat Exploration Company -Tyler, Panola County, 216 thousand reported
BECKHAM — gas, Tanos Exploration II, LLC, Panola County, 216 thousand reported
BEALL, W. F. UNIT — gas, Texaco E & P Inc., Panola County, 216 thousand reported
ROBERTS UNIT — gas, Sheridan Production Co III, LLC, Panola County, 216 thousand reported
KYLE, FRED "A" — gas, Anadarko E&P Company LP, Panola County, 216 thousand reported
AUDREY GU — gas, Samson Lone Star LP, Panola County, 215 thousand reported
CARTHAGE GAS UNIT 111 — gas, Oxy USA Inc., Panola County, 215 thousand reported
WALLACE UNIT — gas, Pennzoil Exploration & Prod. Co., Panola County, 215 thousand reported
CGU 27 — gas, Union Pacific Resources Company, Panola County, 215 thousand reported
OLIN INDUSTRIES — gas, Brammer Petroleum, Inc., Panola County, 215 thousand reported
MOORE, LLOYD GAS UNIT — gas, Union Pacific Resources Company, Panola County, 215 thousand reported
BLOUNT — gas, Sonat Exploration Company -Tyler, Panola County, 215 thousand reported
WERNER 'J' — gas, Harleton Oil & Gas Inc., Panola County, 215 thousand reported
S.E. MATTHEWS — oil, Chevron U. S. A. Inc., Panola County, 214 thousand reported
WILLIAMS-WALL UNIT — gas, Union Pacific Resources Company, Panola County, 214 thousand reported
FREEMAN HEIRS — gas, Bowles Energy, Inc., Panola County, 214 thousand reported
BRUMBLE, G. W. NCT-1 — gas, Texaco E & P Inc., Panola County, 214 thousand reported
OWENS, NELLIE — gas, Chesapeake Operating, Inc., Panola County, 213 thousand reported
HUDSON-JOHNSON UNIT — gas, Pennzenergy Exp. & Prod., L.L.C., Panola County, 213 thousand reported
BROWN, MATT ESTATE — oil, Union Pacific Resources Company, Panola County, 213 thousand reported
REEVES-MCMILLIAN UNIT — gas, Chevron U. S. A. Inc., Panola County, 213 thousand reported
CARTHAGE GAS UNIT — gas, Enron Oil & Gas Company, Panola County, 213 thousand reported
CARTHAGE GU 2 ROSS — gas, Exxon Corp., Panola County, 213 thousand reported
PEP UNIT — gas, Twojo, Inc., Panola County, 213 thousand reported
REEVES GU — gas, Dorado Operating Inc., Panola County, 213 thousand reported
REED ESTATE UNIT — gas, Chesapeake Operating, Inc., Panola County, 213 thousand reported
CARTHAGE GAS UNIT 15 — gas, BP America Production Company, Panola County, 213 thousand reported
CARTHAGE GAS UNIT — gas, Enron Oil & Gas Company, Panola County, 212 thousand reported
WILLIAMSON, GENA UNIT — gas, Union Pacific Resources Company, Panola County, 212 thousand reported
PENNA-SIKES — gas, Chevron U. S. A. Inc., Panola County, 212 thousand reported
TILLER, G.C. -BRUMBLE — gas, Burk Royalty Company, Panola County, 212 thousand reported
HULL UNIT A — gas, Devon Energy Production Co, L.P., Panola County, 211 thousand reported
ROQUEMORE GU — gas, Kabco Oil & Gas Company, Panola County, 211 thousand reported
STEELE, CORRIE — gas, Pennzoil Exploration & Prod. Co., Panola County, 211 thousand reported
BRUMBLE UNIT — gas, Sheridan Production Co III, LLC, Panola County, 211 thousand reported
BROWN, HERMAN GAS UNIT — gas, Arco Oil & Gas Co., Panola County, 211 thousand reported
AMERICAN LEGION — gas, Chevron U. S. A. Inc., Panola County, 211 thousand reported
YOUNGBLOOD-ROE UNIT — gas, Devon Energy Production Co, L.P., Panola County, 210 thousand reported
CARROLL, A. E. — gas, Strand Energy, L.C., Panola County, 210 thousand reported
BLACK UNIT — gas, Devon Energy Production Co, L.P., Panola County, 210 thousand reported
DUNAWAY GAS UNIT — gas, Glassell, Alfred C., JR., Panola County, 210 thousand reported
TILLERY UNIT — gas, Pennzenergy Exp. & Prod., L.L.C., Panola County, 209 thousand reported
CUNNINGHAM, W. A. — gas, Texas Utilities Mining Co., Panola County, 209 thousand reported
BURNETT BROTHERS — gas, Amoco Production Company, Panola County, 209 thousand reported
NAOMI 3 UNIT — gas, Conocophillips Company, Panola County, 209 thousand reported
CGU 11 — gas, Union Pacific Resources Company, Panola County, 209 thousand reported
BROWN UNIT 1 — gas, Lacy, R., Inc., Panola County, 209 thousand reported
WERNER-CLARENCE — gas, Chevron U. S. A. Inc., Panola County, 208 thousand reported
JERNIGAN, MATTIE — gas, Sheridan Production Company, LLC, Panola County, 208 thousand reported
YARBOROUGH GAS UNIT NO. 1 — gas, Chesapeake Operating, Inc., Panola County, 208 thousand reported
TAYLOR HEIRS — gas, Patara Oil & Gas LLC, Panola County, 208 thousand reported
BOUNDS — gas, Phillips, Jack L. Co., Panola County, 208 thousand reported
WILTCHER, J.W. — gas, Vastar Resources, Inc., Panola County, 208 thousand reported
RITZ — gas, Sikes Operating, Inc., Panola County, 208 thousand reported
CARTHAGE GAS UNIT 13 — gas, Amoco Production Company, Panola County, 207 thousand reported
JOHNSON ET AL — gas, Williamson Oil & Gas, Inc., Panola County, 207 thousand reported
BROWN, H. GAS UNIT — gas, Arco Oil & Gas Co., Panola County, 207 thousand reported
WERNER, LOUIS — gas, Kerr-Mcgee Corporation, Panola County, 207 thousand reported
WERNER-CARAWAY — gas, O'Benco, Inc., Panola County, 207 thousand reported
LAWLESS UNIT — gas, Xto Energy Inc., Panola County, 207 thousand reported
JERNIGAN, R.A. UNIT 3 — gas, Par Minerals Corporation, Panola County, 207 thousand reported
HULL UNIT B — gas, Devon Energy Production Co, L.P., Panola County, 206 thousand reported
MULLINS — gas, Devon Energy Production Co, L.P., Panola County, 206 thousand reported
FURRH, J. D. ET AL UNIT 1 — gas, Samson Resources Company, Panola County, 206 thousand reported
FLOYD, M. G. — gas, Kabco Oil & Gas Company, Panola County, 206 thousand reported
POWERS, E.C. — gas, Chevron U. S. A. Inc., Panola County, 206 thousand reported
FITE, J.B. GAS UNIT — gas, Sonat Exploration Company -Tyler, Panola County, 206 thousand reported
WALLACE UNIT — gas, Sheridan Production Co III, LLC, Panola County, 205 thousand reported
MOORE UNIT — gas, Devon Energy Production Co, L.P., Panola County, 205 thousand reported
FROST, H.B. UNIT — gas, Lacy, R., Inc., Panola County, 205 thousand reported
MOSS, W.S. ESTATE — gas, CRD Operating, LLC, Panola County, 205 thousand reported
CARTHAGE GAS UNIT NO. 12 — gas, Amoco Production Company, Panola County, 205 thousand reported
HULL UNIT A — gas, Pennzoil Exploration & Prod. Co., Panola County, 204 thousand reported
WERNER-SPRADLEY UNIT — gas, Chevron U. S. A. Inc., Panola County, 204 thousand reported
WRIGHT-TWOMEY — gas, O'Benco, Inc., Panola County, 204 thousand reported
CHADWICK UNIT — gas, Sheridan Production Co III, LLC, Panola County, 204 thousand reported
NEAL, SALLIE J. UNIT — gas, Union Pacific Resources Company, Panola County, 204 thousand reported
CAVIN UNIT — gas, Devon Energy Production Co, L.P., Panola County, 204 thousand reported
FURRH, J. D. ET AL — gas, Sonat Exploration Company -Tyler, Panola County, 204 thousand reported
HARRIS — gas, Sonat Exploration Company -Tyler, Panola County, 203 thousand reported
DENNARD UNIT — gas, Devon Energy Production Co, L.P., Panola County, 203 thousand reported
BOLES, A. M. GAS UNIT — gas, Valence Operating Company, Panola County, 202 thousand reported
BRUMBLE — gas, Kabco Oil & Gas Company, Panola County, 202 thousand reported
ANDERSON, ROLAND GAS UNIT — gas, Samson Lone Star LP, Panola County, 202 thousand reported
FROST-COTTLE UNIT #1 — gas, Lacy, R., Inc., Panola County, 202 thousand reported
WERNER-CARRINGTON UNIT — gas, Texaco E & P Inc., Panola County, 201 thousand reported
HUDSON-JOHNSON UNIT — gas, Devon Energy Production Co, L.P., Panola County, 200 thousand reported
HULL UNIT A — gas, Sheridan Production Co III, LLC, Panola County, 200 thousand reported
MULLINS — gas, Arkla Exploration Co., Panola County, 200 thousand reported
FURRH-MCMILLAN — gas, Texaco E & P Inc., Panola County, 200 thousand reported
DOUGLAS, E. EST. "B" — gas, Crystal Oil Company, Panola County, 199 thousand reported
BOUNDS, JOHN — gas, Texaco E & P Inc., Panola County, 199 thousand reported
BALDWIN, J.F. ET AL — gas, Brock Oil & Gas Corporation, Panola County, 199 thousand reported
PANOLA DEVELOPMENT COMPANY — gas, Glassell Producing Company, Inc., Panola County, 199 thousand reported
WHITAKER UNIT — gas, Devon Energy Production Co, L.P., Panola County, 198 thousand reported
CARTHAGE GAS UNIT — gas, Enron Oil & Gas Company, Panola County, 198 thousand reported
SHIVERS GAS UNIT — gas, Texaco E & P Inc., Panola County, 198 thousand reported
KYLE, FRED UNIT "A" — gas, Union Pacific Resources Company, Panola County, 197 thousand reported
BRITTON GAS UNIT — gas, Goodrich Petroleum Company, Panola County, 197 thousand reported
SHARP-SMITH UNIT — gas, Texaco E & P Inc., Panola County, 197 thousand reported
BURTON, JOHN W. — gas, Devon Energy Production Co, L.P., Panola County, 197 thousand reported
MAURITZEN — gas, Arkla Exploration Co., Panola County, 196 thousand reported
LISTON, W.L. — gas, Sonat Exploration Company -Tyler, Panola County, 196 thousand reported
HOLLAND — gas, G N K Inc., Panola County, 196 thousand reported
CUMMINGS, C. T. ET AL — gas, Seagull Energy E&P Inc., Panola County, 196 thousand reported
CGU 19 — gas, Union Pacific Resources Company, Panola County, 196 thousand reported
BIGGS — gas, Kerr-Mcgee Corporation, Panola County, 196 thousand reported
HULL A-16 UNIT — gas, Pennzoil Exploration & Prod. Co., Panola County, 196 thousand reported
NAIL -B- — gas, Oxy USA Inc., Panola County, 196 thousand reported
CHADWICK UNIT — gas, Devon Energy Production Co, L.P., Panola County, 195 thousand reported
SEALEY, BILLY GU — gas, Goodrich Petroleum Company, Panola County, 195 thousand reported
ADAMS, T.C. ET UX NCT-1 — gas, Texaco E & P Inc., Panola County, 195 thousand reported
CARTHAGE GAS UNIT — gas, Eog Resources, Inc., Panola County, 195 thousand reported
FURRH, J. D. ET AL — gas, Sonat Exploration Company -Tyler, Panola County, 195 thousand reported
AMERICAN LEGION — gas, Chevron U. S. A. Inc., Panola County, 195 thousand reported
SMITH, ELLA UNIT NO. 2 — gas, Harleton Oil & Gas Inc., Panola County, 195 thousand reported
HOLT UNIT — gas, Lacy, R., Inc., Panola County, 194 thousand reported
BOISE SOUTHERN ET AL — gas, Arrowhead Enterprises, Inc., Panola County, 194 thousand reported
WALDROP, G.T. GU — gas, Goodrich Petroleum Company, Panola County, 194 thousand reported
MCFADDEN-BAGLEY UNIT — gas, Petroquest Energy, L.L.C., Panola County, 194 thousand reported
JULIA WHITFIELD OIL UNIT — oil, Texaco E & P Inc., Panola County, 194 thousand reported
NAOMI 3 UNIT — gas, Tanos Exploration II, LLC, Panola County, 193 thousand reported
CARTER, W.H. — gas, Sonat Exploration Company -Tyler, Panola County, 193 thousand reported
BANKS, W. R. — gas, Exxon Corp., Panola County, 193 thousand reported
WIENER — gas, Abco Petr. Corp., Panola County, 193 thousand reported
JOHNSON, ET AL — gas, Huggs Inc., Panola County, 193 thousand reported
FLANAGAN — gas, Heritage Gas Corporation, Panola County, 192 thousand reported
HIGHTOWER — gas, Samson Lone Star LP, Panola County, 192 thousand reported
CUMMINGS — gas, Sheridan Production Company, LLC, Panola County, 192 thousand reported
HUDSON-JOHNSON UNIT — gas, Pennzoil Exploration & Prod. Co., Panola County, 191 thousand reported
POSS, L.T. UNIT — gas, Union Pacific Resources Company, Panola County, 191 thousand reported
HEBERT — gas, Sheridan Production Company, LLC, Panola County, 191 thousand reported
CARTHAGE GAS UNIT — gas, Enron Oil & Gas Company, Panola County, 191 thousand reported
WIENER, W. B. JR ET AL — gas, Glassell Producing Company, Inc., Panola County, 191 thousand reported
BURNS, LIZZIE ET AL UNIT — gas, Texaco E & P Inc., Panola County, 191 thousand reported
ALLISON, G.T. GAS UNIT — gas, BP America Production Company, Panola County, 191 thousand reported
NEAL — gas, Sheridan Production Company, LLC, Panola County, 191 thousand reported
BRIGGS UNIT — gas, Lacy, R., Inc., Panola County, 191 thousand reported
ROQUEMORE, NANNIE — gas, Sonat Exploration Company -Tyler, Panola County, 190 thousand reported
MIMS, J. D. — gas, Hawkins Oil & Gas, Inc., Panola County, 190 thousand reported
CHRISTIAN, C. O. HEIRS UNIT — gas, Glassell Producing Company, Inc., Panola County, 190 thousand reported
WILLIAMSON, GENA UNIT — gas, Harleton Oil & Gas Inc., Panola County, 190 thousand reported
ADAMS, T.C. NCT-1 — gas, Chevron U. S. A. Inc., Panola County, 190 thousand reported
ROBERTS GU — gas, Peoples Energy Prod.-TX, L.P., Panola County, 189 thousand reported
CUMMINGS — gas, Sheridan Production Company, LLC, Panola County, 189 thousand reported
WERNER, LOUIS SAW MILL CO. — gas, Pennzoil Exploration & Prod. Co., Panola County, 189 thousand reported
DOBBINS GU — gas, Ac Exploration, LLC, Panola County, 189 thousand reported
PITTS A UNIT — gas, Conocophillips Company, Panola County, 189 thousand reported
EXXON FEE — gas, Eex E&P Company, L.P., Panola County, 189 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.