Oil and gas leases in Panola County — page 36

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 36 of 47

CARTHAGE GAS UNIT 15 — gas, Amoco Production Company, Panola County, 189 thousand reported
HARRIS — gas, Basa Resources, Inc., Panola County, 188 thousand reported
HEBERT — gas, Devon Louisiana Corporation, Panola County, 188 thousand reported
CGU 1 — gas, Union Pacific Resources Company, Panola County, 187 thousand reported
LYNCH, T. — gas, Will-Drill Production Co., Inc., Panola County, 187 thousand reported
SPARKS GAS UNIT NO. 1 — gas, Penn Virginia Oil & Gas, L.P., Panola County, 186 thousand reported
FLOYD GAS UNIT — gas, Total E&P USA, Inc., Panola County, 186 thousand reported
CUMMINGS, C.T. ET AL — gas, Seagull Mid-South, Inc., Panola County, 186 thousand reported
SOUTH GARY GAS UNIT 2 — gas, Union Pacific Resources Company, Panola County, 186 thousand reported
HEMBY, T. G. GAS UNIT — gas, Fredonia Resources Inc., Panola County, 185 thousand reported
MANGHAM UNIT — gas, Pennzoil Exploration & Prod. Co., Panola County, 185 thousand reported
A. WILLIAMS UNIT — gas, Petroleum Production MGMT., Inc., Panola County, 185 thousand reported
H.D. BROWNING GAS UNIT NO. 1 — gas, CRD Operating, LLC, Panola County, 185 thousand reported
MOORE UNIT — gas, Pennzoil Exploration & Prod. Co., Panola County, 185 thousand reported
BALL 2 UNIT — gas, Conocophillips Company, Panola County, 185 thousand reported
CARTHAGE GAS UNIT — gas, Erso, Inc., Panola County, 184 thousand reported
CGU 35 — gas, Anadarko E&P Onshore LLC, Panola County, 183 thousand reported
WALKER "A" — gas, Paladin Drilling Company, Panola County, 183 thousand reported
GUILL, C. — gas, Samson Lone Star LP, Panola County, 183 thousand reported
SEARCY GAS UNIT — gas, Buffco Production Inc., Panola County, 183 thousand reported
LEWIS UNIT — gas, Devon Energy Production Co, L.P., Panola County, 183 thousand reported
MCGEE, SCOTT R. — gas, Sonat Exploration Company -Tyler, Panola County, 183 thousand reported
CARTHAGE GAS UNIT — gas, Erso, Inc., Panola County, 183 thousand reported
PIRKLE, L. H. — gas, Exxon Corp., Panola County, 183 thousand reported
PITTS — gas, Phillips Petroleum Company, Panola County, 182 thousand reported
ADAMS, T. C. — gas, Devon Energy Production Co, L.P., Panola County, 182 thousand reported
WILSON UNIT — gas, Sheridan Production Company, LLC, Panola County, 181 thousand reported
ODEN, MAUDE — gas, Faulconer, Vernon E., Inc., Panola County, 181 thousand reported
WARE GAS UNIT — gas, Samson Lone Star LP, Panola County, 181 thousand reported
BRUMBLE, H. L. — gas, Hopewell Operating, Inc., Panola County, 181 thousand reported
HOGG, ALLIE M. "AS" — gas, Sonat Exploration Company -Tyler, Panola County, 180 thousand reported
AMERICAN LEGION — gas, Texaco E & P Inc., Panola County, 180 thousand reported
BOLES, A.M. GAS UNIT — gas, Vastar Resources, Inc., Panola County, 180 thousand reported
ROGERS GAS UNIT — gas, Rme Petroleum Company, Panola County, 180 thousand reported
CHRISTIAN, C.O. — gas, Glassell, Alfred C., JR., Panola County, 180 thousand reported
WIENER — gas, Basa Resources, Inc., Panola County, 180 thousand reported
SEALEY, J. J. — gas, Xto Energy Inc., Panola County, 179 thousand reported
ALEXANDER UNIT — gas, Lacy, R., Inc., Panola County, 179 thousand reported
BURNETT — gas, Eog Resources, Inc., Panola County, 179 thousand reported
CUMMINGS — gas, Sheridan Production Company, LLC, Panola County, 179 thousand reported
CARTHAGE GAS UNIT 13 — gas, Amoco Production Company, Panola County, 179 thousand reported
WOODS, MARY — gas, Chesapeake Operating, Inc., Panola County, 179 thousand reported
MCJIMSEY — gas, Petroleum Production MGMT., Inc., Panola County, 178 thousand reported
PITTS A UNIT — gas, Tanos Exploration II, LLC, Panola County, 178 thousand reported
DUNLAP UNIT — gas, Pennzoil Exploration & Prod. Co., Panola County, 178 thousand reported
HULL A-21 UNIT — gas, Devon Energy Production Co, L.P., Panola County, 178 thousand reported
CARTHAGE GAS UNIT 15 — gas, Amoco Production Company, Panola County, 178 thousand reported
HULL A-21 UNIT — gas, Pennzoil Exploration & Prod. Co., Panola County, 178 thousand reported
COPELAND UNIT 2 — gas, Eog Resources, Inc., Panola County, 178 thousand reported
BRUMBLE, G. W. NCT-1 — gas, Texaco E & P Inc., Panola County, 178 thousand reported
S.L. HOLMES OU 2 — oil, Exxon Corp., Panola County, 178 thousand reported
CRENSHAW UNIT — gas, Pennzoil Exploration & Prod. Co., Panola County, 178 thousand reported
CARTHAGE GAS UNIT 18 — gas, Amoco Production Company, Panola County, 177 thousand reported
TILLER, LLOYD — gas, Kabco Oil & Gas Company, Panola County, 177 thousand reported
EXXON FEE — gas, Reserve Management, Inc., Panola County, 177 thousand reported
HIGHTOWER, IRMA — gas, Fina Oil & Chemical Company, Panola County, 177 thousand reported
WERNER-POPE — gas, Texaco E & P Inc., Panola County, 177 thousand reported
CARTHAGE GAS UNIT 17 — gas, Amoco Production Company, Panola County, 177 thousand reported
ALLISON UNIT — gas, Devon Energy Production Co, L.P., Panola County, 177 thousand reported
WILCOTS, S. W. GAS UNIT — gas, Arco Oil & Gas Co., Panola County, 177 thousand reported
KYLE, J.R. — gas, Union Pacific Resources Company, Panola County, 177 thousand reported
TILLER, M. — gas, Graward Operating, Inc., Panola County, 177 thousand reported
BOURN — gas, Samson Lone Star LP, Panola County, 176 thousand reported
CGU 18 — gas, Union Pacific Resources Company, Panola County, 176 thousand reported
NAOMI — gas, Phillips Petroleum Company, Panola County, 176 thousand reported
PAIGE, KATIE — gas, Buffco Production Inc., Panola County, 176 thousand reported
CARTHAGE GAS UNIT — gas, Enron Oil & Gas Company, Panola County, 176 thousand reported
MORGAN UNIT — gas, Devon Energy Production Co, L.P., Panola County, 175 thousand reported
METCALF, J. E. UNIT — gas, Samson Resources Company, Panola County, 175 thousand reported
BURNETT UNIT 10 — gas, Lacy, R., Inc., Panola County, 175 thousand reported
PACIFIC ENTERPRISES ABC CORP — gas, M. E. Operating & Services, Inc., Panola County, 175 thousand reported
KNIGHT-STRONG GAS UNIT — gas, Kerr-Mcgee Corporation, Panola County, 175 thousand reported
CARTHAGE GAS UNIT 17 — gas, Amoco Production Company, Panola County, 174 thousand reported
WILSON UNIT — gas, Sheridan Production Company, LLC, Panola County, 174 thousand reported
BEALL, W. F., G U — gas, Texaco E & P Inc., Panola County, 174 thousand reported
FLOYD GAS UNIT — gas, Fina Oil & Chemical Company, Panola County, 174 thousand reported
TWOMEY-ROWE — gas, Maximus Operating, Ltd., Panola County, 174 thousand reported
CARTHAGE GAS UNIT — gas, Enron Oil & Gas Company, Panola County, 174 thousand reported
WALTON, ROBERT, JR. — gas, Sonat Exploration Company -Tyler, Panola County, 173 thousand reported
HOLMES, PRIESTLY UNIT — gas, Union Pacific Resources Company, Panola County, 173 thousand reported
BECKWORTH — gas, Arkla Exploration Co., Panola County, 173 thousand reported
CADENHEAD, T. C. ET AL — gas, Faulconer, Vernon E., Inc., Panola County, 173 thousand reported
CGU 17 — gas, Union Pacific Resources Company, Panola County, 173 thousand reported
CARTHAGE GAS UNIT — gas, Enron Oil & Gas Company, Panola County, 173 thousand reported
WERNER-HULL — gas, Texaco E & P Inc., Panola County, 173 thousand reported
HULL UNIT A — gas, Sheridan Production Co III, LLC, Panola County, 173 thousand reported
KYLE, FRED UNIT — gas, Exxon Mobil Corporation, Panola County, 172 thousand reported
BORDERS, E. G/U NO. 1 — gas, Union Pacific Resources Company, Panola County, 172 thousand reported
GENTRY ESTATE GAS UNIT — gas, Chesapeake Operating, Inc., Panola County, 172 thousand reported
WIENER ESTATE ET AL#3 GU — gas, Maximus Operating, Ltd., Panola County, 172 thousand reported
WERNER, "E" UNIT — gas, Texaco E & P Inc., Panola County, 172 thousand reported
HOLIDAY, C. C. UNIT -A- — gas, Texaco E & P Inc., Panola County, 172 thousand reported
ADAMS, T. C. NCT-1 — gas, Chevron U. S. A. Inc., Panola County, 171 thousand reported
BRUMBLE, G. W. — gas, Endurance Oil & Gas, Inc., Panola County, 171 thousand reported
WERNER-KOYLE — gas, Texaco E & P Inc., Panola County, 171 thousand reported
CARTHAGE GAS UNIT 10 — gas, Amoco Production Company, Panola County, 171 thousand reported
ALLISON UNIT — gas, Devon Energy Production Co, L.P., Panola County, 171 thousand reported
STERRETT — gas, Valence Operating Company, Panola County, 171 thousand reported
WERNER-BRELSFORD UNIT — gas, Chevron U. S. A. Inc., Panola County, 171 thousand reported
DAVIS, A. L. — gas, Exxon Corp., Panola County, 171 thousand reported
CARTHAGE GAS UNIT 7 — gas, Amoco Production Company, Panola County, 170 thousand reported
HUDSON-JOHNSON UNIT — gas, Devon Energy Production Co, L.P., Panola County, 170 thousand reported
SMITH-PRICE ET AL — gas, Maximus Operating, Ltd., Panola County, 170 thousand reported
WERNER-CLARENCE — gas, Chevron U. S. A. Inc., Panola County, 170 thousand reported
PACE CV UNIT — gas, Petroquest Energy, L.L.C., Panola County, 169 thousand reported
GARY GAS UNIT — gas, Pinewood Exploration Inc., Panola County, 169 thousand reported
PATHFINDER-GRACE PETERSON — gas, Crow, David, Panola County, 168 thousand reported
WRIGHT-TWOMEY — gas, O'Benco, Inc., Panola County, 168 thousand reported
HULL UNIT A — gas, Devon Energy Production Co, L.P., Panola County, 168 thousand reported
PANOLA 2 UNIT — gas, Conocophillips Company, Panola County, 168 thousand reported
KELLY-LINCOLN UNIT — gas, Texaco E & P Inc., Panola County, 168 thousand reported
CGU 28 — gas, Union Pacific Resources Company, Panola County, 168 thousand reported
GUILL, J.C. SR. — gas, Sonat Exploration Company -Tyler, Panola County, 167 thousand reported
CARTHAGE GAS UNIT — gas, Enron Oil & Gas Company, Panola County, 167 thousand reported
WEIR ESTATE — gas, Slant Operating, LLC, Panola County, 167 thousand reported
CURTIS, A. R. — gas, Texaco E & P Inc., Panola County, 167 thousand reported
DEADWOOD UNIT — gas, Chevron U. S. A. Inc., Panola County, 167 thousand reported
ADAMS, T.C. GAS UNIT "A" — gas, Total E&P USA, Inc., Panola County, 167 thousand reported
SEALY, MAY — gas, Texaco E & P Inc., Panola County, 167 thousand reported
CARTHAGE GAS UNIT — gas, Eog Resources, Inc., Panola County, 166 thousand reported
CHRISTIAN — gas, Goodrich Oil Company, Panola County, 166 thousand reported
HUDSON-JOHNSON UNIT — gas, Pennzenergy Exp. & Prod., L.L.C., Panola County, 166 thousand reported
KYLE UNIT — gas, Key Production Co., Panola County, 166 thousand reported
HOLCOMBE — gas, Sonat Exploration Company -Tyler, Panola County, 166 thousand reported
BURNETT — gas, S M K Energy Corporation, Panola County, 166 thousand reported
JETER, AARON UNIT — gas, Pennzoil Exploration & Prod. Co., Panola County, 166 thousand reported
CALLOW 2 UNIT — gas, Tanos Exploration II, LLC, Panola County, 166 thousand reported
WOOLWORTH — gas, Richey Operating, Inc., Panola County, 166 thousand reported
FROST LUMBER INC. UNIT 5 — gas, Lacy, R., Inc., Panola County, 165 thousand reported
CRUMP GAS UNIT — gas, Chesapeake Operating, Inc., Panola County, 165 thousand reported
S. GARY — gas, Preston Exploration LLC, Panola County, 165 thousand reported
ROGERS, E. T. GAS UNIT — gas, Amoco Production Company, Panola County, 165 thousand reported
WERNER, LOUIS SAWMILL — gas, Strand Energy, L.C., Panola County, 165 thousand reported
WOOLWORTH 'B' — gas, Uosi Operating, Inc., Panola County, 164 thousand reported
THOMPSON UNIT — gas, Sheridan Production Co III, LLC, Panola County, 164 thousand reported
WOOLWORTH "B" — gas, Sonat Exploration Company -Tyler, Panola County, 164 thousand reported
MOORE, TOM ESTATE — oil, Union Pacific Resources Company, Panola County, 164 thousand reported
FLEMING — gas, Basa Resources, Inc., Panola County, 164 thousand reported
SHAW GAS UNIT — gas, Chesapeake Operating, Inc., Panola County, 164 thousand reported
PACIFIC ENTERPRISES ABC CORP "A" — gas, M. E. Operating & Services, Inc., Panola County, 163 thousand reported
FURRH — gas, Bowles Energy, Inc., Panola County, 163 thousand reported
WIENER ESTATE — gas, Sonat Exploration Company -Tyler, Panola County, 163 thousand reported
ELLIS, J. RALPH JR. — gas, Glassell, Alfred C., JR., Panola County, 162 thousand reported
DUNAWAY — gas, Stroud Energy, Ltd., Panola County, 162 thousand reported
BRADY ESTATE — gas, Ac Exploration, LLC, Panola County, 162 thousand reported
BRUMBLE UNIT — gas, Sheridan Production Co III, LLC, Panola County, 161 thousand reported
COTTLE-REEVES UNIT — gas, Anadarko E&P Company LP, Panola County, 161 thousand reported
ALEXANDER, J. W. — gas, Samson Lone Star LP, Panola County, 161 thousand reported
POWELL, W. B. UNIT — gas, Texaco E & P Inc., Panola County, 161 thousand reported
CARTHAGE UNIT — gas, Erso, Inc., Panola County, 161 thousand reported
BRUMBLE, G. W. NCT-1 — gas, Texaco E & P Inc., Panola County, 161 thousand reported
MCMILLAN, KATE — gas, Texaco E & P Inc., Panola County, 161 thousand reported
CARTHAGE GAS UNIT — gas, Enron Oil & Gas Company, Panola County, 161 thousand reported
BURNETT BROTHERS UNIT 1 — gas, Amoco Production Company, Panola County, 161 thousand reported
CARTHAGE GAS UNIT NO. 9 — gas, Harleton Oil & Gas Inc., Panola County, 160 thousand reported
CARTHAGE UNIT — gas, Erso, Inc., Panola County, 160 thousand reported
ALLISON, THOMAS — gas, Harleton Oil & Gas Inc., Panola County, 160 thousand reported
WOOLWORTH, J.D. — oil, Hopewell Operating, Inc., Panola County, 160 thousand reported
DUNAWAY GAS UNIT — gas, Glassell Producing Company, Inc., Panola County, 160 thousand reported
BRITTON, LINDY — gas, Diversified Production LLC, Panola County, 160 thousand reported
HUNT UNIT — gas, Sklar & Phillips Oil Co., Panola County, 160 thousand reported
WERNER -K- — gas, Texaco E & P Inc., Panola County, 160 thousand reported
CAUDLE, DAHLIA O. UNIT #1 — gas, Anadarko E&P Company LP, Panola County, 159 thousand reported
ANDERSON, W.G. — gas, Texaco E & P Inc., Panola County, 159 thousand reported
WOODALL UNIT — gas, Chevron U. S. A. Inc., Panola County, 159 thousand reported
BELL — gas, Tanos Exploration, LLC, Panola County, 159 thousand reported
FURRH, J. D. — gas, Sonat Exploration Company -Tyler, Panola County, 159 thousand reported
HULL UNIT A — gas, Pennzoil Exploration & Prod. Co., Panola County, 159 thousand reported
BEALL-NORMAN UNIT — gas, Chevron U. S. A. Inc., Panola County, 159 thousand reported
HANCOCK, J.F. UNIT — gas, Union Pacific Resources Company, Panola County, 159 thousand reported
BROWN, J. C. — gas, Exxon Corp., Panola County, 159 thousand reported
WERNER, L. SAWMILL CO. — oil, Pennzoil Exploration & Prod. Co., Panola County, 158 thousand reported
HOGG, ALLIE MARIE — gas, Hunt Petroleum Corporation, Panola County, 158 thousand reported
CUMMINGS — gas, Seagull Energy E&P Inc., Panola County, 158 thousand reported
KYLE, J. R. -A- — gas, Anadarko E&P Company LP, Panola County, 158 thousand reported
BURNETT BROS. — gas, Lacy, R., Inc., Panola County, 158 thousand reported
POPE-MEDLIN — gas, Petroquest Energy, L.L.C., Panola County, 158 thousand reported
SE MATTHEWS UNIT — gas, Chevron U. S. A. Inc., Panola County, 157 thousand reported
SMITH-BIRD UNIT — gas, Devon Energy Production Co, L.P., Panola County, 157 thousand reported
BOURN — gas, Sonat Exploration Company -Tyler, Panola County, 157 thousand reported
ROBERTS UNIT — gas, Devon Energy Production Co, L.P., Panola County, 156 thousand reported
BRODERICK GU 2, BESS SMITH — gas, Exxon Corp., Panola County, 156 thousand reported
HICKEY, F.S. ET AL — gas, Sendero Energy Inc., Panola County, 156 thousand reported
PAYNE — gas, Sonat Exploration Company -Tyler, Panola County, 156 thousand reported
HULL -B- — gas, Pennzoil Exploration & Prod. Co., Panola County, 155 thousand reported
MOTLEY, LUKE — gas, Harleton Oil & Gas Inc., Panola County, 155 thousand reported
DENNARD UNIT — gas, Devon Energy Production Co, L.P., Panola County, 155 thousand reported
ADAMS, T. C. NCT-1 — gas, Texaco E & P Inc., Panola County, 155 thousand reported
SHARP UNIT — gas, Devon Energy Production Co, L.P., Panola County, 155 thousand reported
CARTHAGE GAS UNIT — gas, Enron Oil & Gas Company, Panola County, 155 thousand reported
WERNER "E" — gas, Texaco E & P Inc., Panola County, 155 thousand reported
CHANDLER HEIRS — gas, Sonat Exploration Company -Tyler, Panola County, 155 thousand reported
HULL UNIT A — gas, Pennzoil Exploration & Prod. Co., Panola County, 155 thousand reported
MORGAN UNIT — gas, Pennzenergy Exp. & Prod., L.L.C., Panola County, 155 thousand reported
WERNER, LEWIS SAWMILL — gas, Jeems Bayou Production Corp., Panola County, 154 thousand reported
CAUDLE, DAHLIA O. UNIT 1 — gas, Anadarko E&P Company LP, Panola County, 154 thousand reported
GENECOV — gas, Rippy Oil Company, Panola County, 154 thousand reported
LILLY UNIT — gas, Sheridan Production Co III, LLC, Panola County, 154 thousand reported
MANGHAM UNIT — gas, Pennzenergy Exp. & Prod., L.L.C., Panola County, 154 thousand reported
ROQUEMORE — gas, Westland Oil Development Corp., Panola County, 154 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.