Oil and gas leases in Panola County — page 37

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 37 of 47

WERNER-BAGLEY UNIT — gas, Texaco E & P Inc., Panola County, 153 thousand reported
MHS-WELLS — gas, Exco Production Company, LP, Panola County, 153 thousand reported
ROBERTS UNIT — gas, Devon Energy Production Co, L.P., Panola County, 153 thousand reported
CARTHAGE GAS UNIT — gas, Enron Oil & Gas Company, Panola County, 153 thousand reported
SOUTHLAND PAPER COMPANY — gas, Texaco E & P Inc., Panola County, 153 thousand reported
CARTHAGE GAS UNIT — gas, Enron Oil & Gas Company, Panola County, 152 thousand reported
HULL UNIT A — gas, Pennzoil Exploration & Prod. Co., Panola County, 152 thousand reported
CGU 6 — gas, Union Pacific Resources Company, Panola County, 152 thousand reported
CGU 26 — gas, Union Pacific Resources Company, Panola County, 152 thousand reported
CARTHAGE GAS UNIT — gas, Erso, Inc., Panola County, 152 thousand reported
KNIGHT C — gas, Phillips Petroleum Company, Panola County, 151 thousand reported
CARTHAGE GAS UNIT — gas, Enron Oil & Gas Company, Panola County, 151 thousand reported
CARTHAGE UNIT — gas, Erso, Inc., Panola County, 151 thousand reported
CARTHAGE GAS UNIT NO. 9 — gas, Amoco Production Company, Panola County, 151 thousand reported
MOSS, W.S. ESTATE — gas, CRD Operating, LLC, Panola County, 151 thousand reported
SHAW HEIRS — gas, KCS Medallion Resources, Inc., Panola County, 151 thousand reported
CHRISTIAN — gas, Goodrich Oil Company, Panola County, 150 thousand reported
GRIFFITH — gas, Sheridan Production Co III, LLC, Panola County, 150 thousand reported
HULL UNIT A — gas, Pennzoil Exploration & Prod. Co., Panola County, 150 thousand reported
OSBORNE — gas, SM Energy Company, Panola County, 150 thousand reported
MCNEESE — gas, Apache Corporation, Panola County, 150 thousand reported
ANDERSON, ALMA — gas, Exxon Corp., Panola County, 149 thousand reported
CARTHAGE GAS UNIT — gas, Enron Oil & Gas Company, Panola County, 149 thousand reported
POWELL "A" UNIT — gas, Texaco E & P Inc., Panola County, 149 thousand reported
TILLER "A" — gas, Pennzoil Exploration & Prod. Co., Panola County, 149 thousand reported
BRUMBLE, G.W. GAS UNIT #1 O/A — gas, Texaco E & P Inc., Panola County, 149 thousand reported
EDGAR — gas, RBD-Shelby Agency, Panola County, 148 thousand reported
MOTLEY, LUKE UNIT — gas, Key Production Co., Panola County, 148 thousand reported
SHAW UNIT — gas, Pennzoil Exploration & Prod. Co., Panola County, 148 thousand reported
COTTLE-REEVES UNIT — gas, Anadarko E&P Onshore LLC, Panola County, 148 thousand reported
CARTHAGE GAS UNIT — gas, Erso, Inc., Panola County, 148 thousand reported
POWELL, W. B. — gas, Chevron U. S. A. Inc., Panola County, 148 thousand reported
E. E. NEAL GAS UNIT — gas, Samson Lone Star LP, Panola County, 147 thousand reported
GRIFFITH — gas, Seagull Mid-South, Inc., Panola County, 147 thousand reported
DENNARD UNIT — gas, Sheridan Production Company, LLC, Panola County, 147 thousand reported
WILLIAMS — gas, Odegard Energy, Inc., Panola County, 147 thousand reported
WERNER-MATTHEWS — gas, Texaco E & P Inc., Panola County, 147 thousand reported
SOUTHLAND PAPER COMPANY "A" UNIT — gas, Texaco E & P Inc., Panola County, 146 thousand reported
NORTH SEMPRA — gas, Winchester Production Company, Panola County, 146 thousand reported
WERNER-HULL GU — gas, Chevron U. S. A. Inc., Panola County, 146 thousand reported
KELLY-LINCOLN UNIT — gas, Chevron U. S. A. Inc., Panola County, 146 thousand reported
CGU 5 — gas, Union Pacific Resources Company, Panola County, 146 thousand reported
CRENSHAW, BETTIE — gas, Texaco E & P Inc., Panola County, 145 thousand reported
BRUMBLE-STUDDARD — gas, Crystal Oil Company, Panola County, 145 thousand reported
JERNIGAN, MATTI — gas, Seagull Energy E&P Inc., Panola County, 145 thousand reported
CAVIN UNIT — gas, Pennzenergy Exp. & Prod., L.L.C., Panola County, 145 thousand reported
WOMACK — gas, Hunt Petroleum Corporation, Panola County, 144 thousand reported
PAGE, L. E. — gas, Sheridan Production Company, LLC, Panola County, 144 thousand reported
COLLINS UNIT — gas, Sheridan Production Co III, LLC, Panola County, 143 thousand reported
FROST "B" — gas, Texaco E & P Inc., Panola County, 143 thousand reported
WORLEY, RICHARD — gas, Goodrich Petroleum Company, Panola County, 143 thousand reported
MCNEE, P. J. — oil, Union Pacific Resources Company, Panola County, 142 thousand reported
BALL 2 UNIT — gas, Conocophillips Company, Panola County, 142 thousand reported
FROST-PARKER UNIT 1 — gas, Lacy, R., Inc., Panola County, 142 thousand reported
TURNER — gas, Tanos Exploration II, LLC, Panola County, 142 thousand reported
MANGHAM UNIT — gas, Devon Energy Production Co, L.P., Panola County, 142 thousand reported
PANOLA DEVELOPMENT COMPANY — gas, Glassell Producing Company, Inc., Panola County, 142 thousand reported
TILLER, MOUZON GU — gas, Dorado Operating Inc., Panola County, 141 thousand reported
HULL UNIT A — gas, Devon Energy Production Co, L.P., Panola County, 141 thousand reported
HUNT UNIT — gas, Sklar & Phillips Oil Co., Panola County, 141 thousand reported
WOOLWORTH GAS UNIT — gas, Pennzoil Exploration & Prod. Co., Panola County, 141 thousand reported
REEVES GU — gas, Texaco E & P Inc., Panola County, 141 thousand reported
SMITH — gas, Panola County, 141 thousand reported
FLOYD GAS UNIT — gas, Total E&P USA, Inc., Panola County, 140 thousand reported
MANGHAM UNIT — gas, Pennzoil Exploration & Prod. Co., Panola County, 140 thousand reported
SIPES — gas, Dallas Production, Inc., Panola County, 140 thousand reported
ATKINSON — gas, Shelby Operating Company, Panola County, 140 thousand reported
SHAW — gas, M. E. Operating & Services, Inc., Panola County, 140 thousand reported
WALLACE UNIT — gas, Chevron U. S. A. Inc., Panola County, 140 thousand reported
COOKE — gas, Harleton Oil & Gas Inc., Panola County, 140 thousand reported
CGU #9 — gas, Harleton Oil & Gas Inc., Panola County, 140 thousand reported
WILLIAMSON — gas, Sojitz Energy Venture, Inc., Panola County, 139 thousand reported
BURNETT BROTHERS GAS UNIT 1 — gas, Amoco Production Company, Panola County, 139 thousand reported
JERNIGAN "A" UNIT — gas, Pennzoil Exploration & Prod. Co., Panola County, 139 thousand reported
CAUDLE, DAHLIA O. UNIT #1 — gas, Anadarko E&P Company LP, Panola County, 139 thousand reported
WERNER-LEFOY — gas, Chevron U. S. A. Inc., Panola County, 139 thousand reported
HULL UNIT A — gas, Devon Energy Production Co, L.P., Panola County, 139 thousand reported
ROQUEMORE ESTATE — gas, Howell Oil & Gas, Inc., Panola County, 139 thousand reported
GULLEY, M.E. GAS UNIT — gas, Devon Energy Production Co, L.P., Panola County, 139 thousand reported
FURRH, J. M. ESTATE — gas, Sonat Exploration Company -Tyler, Panola County, 138 thousand reported
BRIGGS-MORELAND GU — gas, Sonat Exploration Company -Tyler, Panola County, 137 thousand reported
HARRIS-HARDIN UNIT — gas, Xto Energy Inc., Panola County, 137 thousand reported
MULLINS, O.V. UNIT #1 — gas, Faulconer, Vernon E., Inc., Panola County, 137 thousand reported
CARTHAGE GAS UNIT 14 — gas, Amoco Production Company, Panola County, 136 thousand reported
REYNOLDS, RUTH A. — gas, Brammer Petroleum, Inc., Panola County, 136 thousand reported
CAVIN UNIT — gas, Devon Energy Production Co, L.P., Panola County, 136 thousand reported
CAPPS GAS UNIT — gas, Pennzoil Exploration & Prod. Co., Panola County, 135 thousand reported
BILL POWERS A — gas, CRD Operating, LLC, Panola County, 135 thousand reported
VICE-SHIVERS UNIT — gas, Memorial Exploration Company, Panola County, 135 thousand reported
FLOYD GAS UNIT — gas, Fina Oil & Chemical Company, Panola County, 135 thousand reported
THOMAS, CHARLES — gas, Devon Energy Production Co, L.P., Panola County, 135 thousand reported
CAVIN UNIT — gas, Pennzoil Exploration & Prod. Co., Panola County, 135 thousand reported
PARKER UNIT 2 — gas, Lacy Operations, Ltd., Panola County, 135 thousand reported
WERNER "A" — gas, Texaco E & P Inc., Panola County, 135 thousand reported
HILL LAKE UNIT — gas, Harleton Oil & Gas Inc., Panola County, 134 thousand reported
WERNER-BARNETT — gas, Texaco E & P Inc., Panola County, 134 thousand reported
GENECOV — gas, Chevron U. S. A. Inc., Panola County, 134 thousand reported
DUNAWAY GAS UNIT — gas, Glassell Producing Company, Inc., Panola County, 134 thousand reported
FURRH GAS UNIT — gas, Stroud Energy, Ltd., Panola County, 134 thousand reported
NEAL, SALLIE J. UNIT — gas, Union Pacific Resources Company, Panola County, 134 thousand reported
FROST "B" — gas, Chevron U. S. A. Inc., Panola County, 134 thousand reported
TILLER "A" — gas, Pennzoil Exploration & Prod. Co., Panola County, 134 thousand reported
REEVES-MCMILLIAN UNIT — gas, Chevron U. S. A. Inc., Panola County, 134 thousand reported
ROQUEMORE "E" — gas, Total E&P USA, Inc., Panola County, 133 thousand reported
MOORE, C.E. UNIT — gas, Union Pacific Resources Company, Panola County, 133 thousand reported
CARTHAGE GAS UNIT — gas, Enron Oil & Gas Company, Panola County, 133 thousand reported
HICKEY, F.S. ET AL — gas, Sonat Exploration Company -Tyler, Panola County, 132 thousand reported
CARTHAGE GAS UNIT — gas, Enron Oil & Gas Company, Panola County, 132 thousand reported
TILLER, LLOYD "B" — gas, Kabco Oil & Gas Company, Panola County, 132 thousand reported
KYLE, FRED GAS UNIT — gas, Union Pacific Resources Company, Panola County, 132 thousand reported
WHITAKER UNIT — gas, Devon Energy Production Co, L.P., Panola County, 132 thousand reported
HULL A-21 UNIT — gas, Pennzoil Exploration & Prod. Co., Panola County, 132 thousand reported
DUNKLIN — gas, Cabot Oil & Gas Corporation, Panola County, 132 thousand reported
ADAMS, T. C. — gas, Endurance Oil & Gas, Inc., Panola County, 132 thousand reported
PARKER UNIT 1 — gas, Loutex Production Company, Panola County, 132 thousand reported
MOORE, LLOYD GAS UNIT — gas, Anadarko E&P Company LP, Panola County, 131 thousand reported
SMITH — gas, Ark-La-Tex Energy, L.L.C., Panola County, 131 thousand reported
CRENSHAW UNIT — gas, Pennzoil Exploration & Prod. Co., Panola County, 131 thousand reported
JERNIGAN, MATTIE — gas, Seagull Energy E&P Inc., Panola County, 131 thousand reported
WOODALL UNIT — gas, Chevron U. S. A. Inc., Panola County, 131 thousand reported
CRENSHAW — gas, Hopewell Operating, Inc., Panola County, 131 thousand reported
WHITAKER UNIT — gas, Devon Energy Production Co, L.P., Panola County, 131 thousand reported
JUDGE GAS UNIT — gas, Samson Lone Star LP, Panola County, 130 thousand reported
HINCHEN — gas, Katy Resources Etx, LLC, Panola County, 130 thousand reported
PRUITT — gas, Sonat Exploration Company -Tyler, Panola County, 130 thousand reported
RUDMAN — gas, Sonat Exploration Company -Tyler, Panola County, 130 thousand reported
AMERICAN LEGION — gas, Texaco E & P Inc., Panola County, 130 thousand reported
MAE SEALY "A" — oil, Texaco E & P Inc., Panola County, 130 thousand reported
GREER, T. A., ET AL UNIT 1 — gas, Samson Resources Company, Panola County, 130 thousand reported
SMITH — gas, M. E. Operating & Services, Inc., Panola County, 130 thousand reported
MORGAN UNIT — gas, Devon Energy Production Co, L.P., Panola County, 130 thousand reported
HULL A-16 UNIT — gas, Devon Energy Production Co, L.P., Panola County, 129 thousand reported
UNIT 14 — gas, Amoco Production Company, Panola County, 129 thousand reported
CO CHRISTIAN HEIRS — gas, Glassell Producing Company, Inc., Panola County, 129 thousand reported
HULL UNIT A — gas, Sheridan Production Company, LLC, Panola County, 129 thousand reported
CARTHAGE GAS UNIT 17 — gas, Encana Oil & Gas(USA) Inc., Panola County, 129 thousand reported
CARTHAGE GAS UNIT — gas, Enron Oil & Gas Company, Panola County, 129 thousand reported
FITE, J.B. GAS UNIT — gas, Comstock Oil & Gas, Inc., Panola County, 129 thousand reported
MOSS, W. S. ESTATE — gas, Chesapeake Operating, Inc., Panola County, 129 thousand reported
CARTHAGE GAS UNIT — gas, Eog Resources, Inc., Panola County, 128 thousand reported
DEADWOOD UNIT — gas, Texaco E & P Inc., Panola County, 128 thousand reported
WERNER-HUSBAND — gas, Kerr-Mcgee Corporation, Panola County, 128 thousand reported
REED ESTATE UNIT — gas, Slant Operating, LLC, Panola County, 128 thousand reported
SUMMERS — gas, M. E. Operating & Services, Inc., Panola County, 127 thousand reported
CARTHAGE GAS UNIT — gas, Enron Oil & Gas Company, Panola County, 127 thousand reported
WRIGHT-TWOMEY G.U. — gas, Kerr-Mcgee Corporation, Panola County, 127 thousand reported
MORELAND — gas, Sonat Exploration Company -Tyler, Panola County, 127 thousand reported
PORTER — gas, Comstock Oil & Gas, LP, Panola County, 127 thousand reported
CARTHAGE GAS UNIT NO. 14 — gas, Amoco Production Company, Panola County, 126 thousand reported
WERNER-BOOKER — gas, Texaco E & P Inc., Panola County, 126 thousand reported
KNIGHT, L. G. GAS UNIT — gas, Forest Oil Corporation, Panola County, 126 thousand reported
PARKER HEIRS — gas, Lacy, R., Inc., Panola County, 126 thousand reported
WILLIAMS GAS UNIT — gas, Ac Exploration, LLC, Panola County, 126 thousand reported
BURTON, BILLIE JEAN — gas, Sheridan Production Company, LLC, Panola County, 126 thousand reported
CAMERON UNIT 1 — gas, R. Lacy Services, Ltd., Panola County, 126 thousand reported
CRENSHAW A — gas, Kaiser-Francis Oil Company, Panola County, 125 thousand reported
HOPPER NO 2 OIL UNIT — oil, Eog Resources, Inc., Panola County, 125 thousand reported
ROQUEMORE ESTATE — gas, Howell Oil & Gas, Inc., Panola County, 125 thousand reported
HULL UNIT A — gas, Sheridan Production Company, LLC, Panola County, 124 thousand reported
WEISS ET AL — gas, Fredonia Resources Inc., Panola County, 124 thousand reported
BECKWORTH — gas, Devon Louisiana Corporation, Panola County, 124 thousand reported
HILLTOP — gas, ST. Mary Land & Exploration Co., Panola County, 124 thousand reported
BRUMBLE, G. W. NCT-1 — gas, Texaco E & P Inc., Panola County, 124 thousand reported
DUNAWAY GAS UNIT — gas, Glassell, Alfred C., JR., Panola County, 124 thousand reported
SCHULZE — gas, Winchester Production Company, Panola County, 123 thousand reported
BURNETT — oil, Richey Operating, Inc., Panola County, 123 thousand reported
WEINER "A" — gas, Hydrocarbon Lease Management Inc, Panola County, 123 thousand reported
HICKS, O.B. GAS UNIT — gas, Vastar Resources, Inc., Panola County, 123 thousand reported
DENNARD UNIT — gas, Sheridan Production Co III, LLC, Panola County, 123 thousand reported
CLARK D — gas, Oxy USA Inc., Panola County, 123 thousand reported
WILLIAMSON — gas, Devon Energy Production Co, L.P., Panola County, 123 thousand reported
HANSON, G. W. — gas, Big Run Production Company, Panola County, 122 thousand reported
CARTHAGE GAS UNIT 7 — gas, BP America Production Company, Panola County, 122 thousand reported
KELLER, C. — gas, Williams, Clayton Energy, Inc., Panola County, 122 thousand reported
BROWNING, H.D. GAS UNIT 1 — gas, Chesapeake Operating, Inc., Panola County, 121 thousand reported
MANGHAM UNIT — gas, Devon Energy Production Co, L.P., Panola County, 121 thousand reported
POWELL, W. B. — gas, Texaco E & P Inc., Panola County, 121 thousand reported
MOORE, C.E. UNIT — gas, Union Pacific Resources Company, Panola County, 121 thousand reported
PETER — gas, Phillips Petroleum Company, Panola County, 121 thousand reported
HILL HEIRS — gas, Par Minerals Corporation, Panola County, 121 thousand reported
COLLINS UNIT — gas, Devon Energy Production Co, L.P., Panola County, 121 thousand reported
COLEMAN GAS UNIT — gas, BRG Petroleum, Inc., Panola County, 121 thousand reported
PIRKLE, L.H. "C" — gas, Exxon Corp., Panola County, 120 thousand reported
JOHNSON ET AL — gas, Sunland Production Company, Inc., Panola County, 120 thousand reported
CGU 22 — gas, Union Pacific Resources Company, Panola County, 120 thousand reported
BURNETT BROS. UNIT 1 — gas, Amoco Production Company, Panola County, 120 thousand reported
HULL -A- — gas, Pennzoil Exploration & Prod. Co., Panola County, 119 thousand reported
FURRH — gas, Par Minerals Corporation, Panola County, 119 thousand reported
WERNER-LEFOY — gas, Chevron U. S. A. Inc., Panola County, 119 thousand reported
WYLIE, W. E. — gas, Sonat Exploration Company -Tyler, Panola County, 119 thousand reported
BRUMBLE, G. W. NCT-1 — gas, Texaco E & P Inc., Panola County, 119 thousand reported
DENNARD UNIT — gas, Pennzoil Exploration & Prod. Co., Panola County, 119 thousand reported
CARTHAGE GAS UNIT — gas, Enron Oil & Gas Company, Panola County, 118 thousand reported
BAKER, J. B. — gas, Chevron U. S. A. Inc., Panola County, 118 thousand reported
CASSITY — gas, Enerquest Corporation, Panola County, 118 thousand reported
TIN INC. — gas, NFR Energy, LLC, Panola County, 118 thousand reported
MASON TP 6450 — gas, Devon Energy Production Co, L.P., Panola County, 118 thousand reported
THOMPSON UNIT — gas, Devon Energy Production Co, L.P., Panola County, 118 thousand reported
YARBOROUGH GAS UNIT NO. 1 — gas, Chesapeake Operating, Inc., Panola County, 117 thousand reported
BROWN, J. C. OU 1 — oil, Exxon Corp., Panola County, 117 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.