Oil and gas leases in Panola County — page 40

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 40 of 47

  • DUNAWAY — oil, Glassell, Alfred C., JR., Panola County, 62 thousand reported
  • WERNER-POPE — gas, Texaco E & P Inc., Panola County, 62 thousand reported
  • CAMERON LUMBER COMPANY — gas, Lacy, R., Inc., Panola County, 62 thousand reported
  • LAGRONE-ALEXANDER — gas, Chevron U. S. A. Inc., Panola County, 62 thousand reported
  • SMITH — gas, Tanos Exploration II, LLC, Panola County, 62 thousand reported
  • CHADWICK UNIT — gas, Pennzoil Exploration & Prod. Co., Panola County, 61 thousand reported
  • TOMPKINS GAS UNIT — gas, Goodrich Petroleum Company, Panola County, 61 thousand reported
  • PITTS-FURRH — gas, Winchester Production Company, Panola County, 61 thousand reported
  • BREWSTER, J.T. GAS UNIT — gas, Vastar Resources, Inc., Panola County, 61 thousand reported
  • TURNER — gas, Oklahoma RB Operating Company, Panola County, 61 thousand reported
  • HUDSON-JOHNSON UNIT — gas, Devon Energy Production Co, L.P., Panola County, 61 thousand reported
  • MOORE UNIT — gas, Pennzenergy Exp. & Prod., L.L.C., Panola County, 61 thousand reported
  • BRUMBLE, G. W. NCT-1 — gas, Chevron U. S. A. Inc., Panola County, 61 thousand reported
  • COPELAND UNIT NO2 — gas, Smith, R. E. Interests, Inc., Panola County, 60 thousand reported
  • FLEMING, VIRGIL — oil, Union Pacific Resources Company, Panola County, 60 thousand reported
  • DENNARD UNIT — gas, Devon Energy Production Co, L.P., Panola County, 60 thousand reported
  • TILLER "A" — gas, Pennzoil Exploration & Prod. Co., Panola County, 60 thousand reported
  • BURNETT UNIT II — gas, Lacy, R., Inc., Panola County, 60 thousand reported
  • MCDANIEL, J. A. — gas, Union Pacific Resources Company, Panola County, 60 thousand reported
  • CGU 10 — gas, Union Pacific Resources Company, Panola County, 60 thousand reported
  • ADAMS, T. C. NCT-1 — gas, Texaco E & P Inc., Panola County, 59 thousand reported
  • ALLISON UNIT — gas, Devon Energy Production Co, L.P., Panola County, 59 thousand reported
  • LAGRONE-JETER UNIT — gas, Chevron U. S. A. Inc., Panola County, 59 thousand reported
  • FITE UNIT — gas, Devon Energy Production Co, L.P., Panola County, 59 thousand reported
  • YOUNG — oil, Big Run Production Company, Panola County, 59 thousand reported
  • KANGAROO UNIT 16 — gas, Union Pacific Resources Company, Panola County, 59 thousand reported
  • SHAW HEIRS — oil, KCS Medallion Resources, Inc., Panola County, 59 thousand reported
  • WILLIAMSON — gas, Sheridan Production Co III, LLC, Panola County, 59 thousand reported
  • GULLEY, M.E. — oil, Fina Oil & Chemical Company, Panola County, 59 thousand reported
  • SMITH BIRD UNIT — gas, Pennzoil Exploration & Prod. Co., Panola County, 59 thousand reported
  • NEAL, E.E. GAS UNIT — gas, Samson Lone Star LP, Panola County, 58 thousand reported
  • HOPKINS -A- — oil, Phillips Petroleum Company, Panola County, 58 thousand reported
  • ALEXANDER, GENEVA FURRH ET AL — gas, Seagull Energy E&P Inc., Panola County, 58 thousand reported
  • KELLY-LINCOLN — oil, Chevron U. S. A. Inc., Panola County, 58 thousand reported
  • BROWN, HERMAN GAS UNIT — gas, Arco Oil & Gas Co., Panola County, 58 thousand reported
  • CORNWALL-JORDAN — gas, Sikes Operating, Inc., Panola County, 58 thousand reported
  • OWENS, NELLIE — gas, Exxon Corp., Panola County, 58 thousand reported
  • CARTHAGE UNIT 110 — gas, Chevron U. S. A. Inc., Panola County, 58 thousand reported
  • CGU 11 — gas, Union Pacific Resources Company, Panola County, 58 thousand reported
  • ALLISON UNIT — gas, Sheridan Production Co III, LLC, Panola County, 58 thousand reported
  • LEWIS, AGNES — gas, Sonat Exploration Company -Tyler, Panola County, 57 thousand reported
  • WERNER CARAWAY — gas, Kerr-Mcgee Corporation, Panola County, 57 thousand reported
  • BURNETT UNIT 9 — gas, Lacy Operations, Ltd., Panola County, 57 thousand reported
  • MENEFEE, R. C. UNIT — gas, Samson Resources Company, Panola County, 57 thousand reported
  • MANGHAM UNIT — gas, Pennzoil Exploration & Prod. Co., Panola County, 56 thousand reported
  • BRUMBLE, G. W. NCT-1 — gas, Texaco E & P Inc., Panola County, 56 thousand reported
  • CARTHAGE UNIT — gas, Erso, Inc., Panola County, 56 thousand reported
  • BRUMBLE, G.W. NCT-2 — gas, Chevron U. S. A. Inc., Panola County, 56 thousand reported
  • HULL UNIT A — gas, Devon Energy Production Co, L.P., Panola County, 56 thousand reported
  • CARTHAGE GAS UNIT — gas, Wildhorse Resources, LLC, Panola County, 56 thousand reported
  • LILLY UNIT — gas, Sheridan Production Co III, LLC, Panola County, 56 thousand reported
  • DAVIS, A. L. — gas, Exxon Corp., Panola County, 56 thousand reported
  • FURRH, J. D. ET AL — gas, Sonat Exploration Company -Tyler, Panola County, 55 thousand reported
  • CAMERON UNIT 1 — gas, Lacy Operations, Ltd., Panola County, 55 thousand reported
  • CGU 27 — gas, Union Pacific Resources Company, Panola County, 55 thousand reported
  • ALLISON UNIT — gas, Pennzoil Exploration & Prod. Co., Panola County, 55 thousand reported
  • CRUMP GAS UNIT — gas, Burk Royalty Company, Panola County, 55 thousand reported
  • CARTHAGE GAS UNIT — gas, Erso, Inc., Panola County, 55 thousand reported
  • CGU 7 — gas, Union Pacific Resources Company, Panola County, 55 thousand reported
  • CARTHAGE UNIT — gas, Erso, Inc., Panola County, 55 thousand reported
  • FITE UNIT — gas, Devon Energy Production Co, L.P., Panola County, 55 thousand reported
  • PANOLA DEVELOPMENT CO. — gas, Glassell Producing Company, Inc., Panola County, 55 thousand reported
  • COOKE, J.W. — oil, Union Pacific Resources Company, Panola County, 55 thousand reported
  • DAVIS, A. L. — gas, Sheridan Production Co III, LLC, Panola County, 55 thousand reported
  • CGU 15 — gas, Union Pacific Resources Company, Panola County, 55 thousand reported
  • MANGHAM UNIT — gas, Pennzenergy Exp. & Prod., L.L.C., Panola County, 55 thousand reported
  • WEIR ESTATE — gas, CRD Operating, LLC, Panola County, 55 thousand reported
  • MORGAN UNIT — gas, Pennzoil Exploration & Prod. Co., Panola County, 55 thousand reported
  • REED ESTATE UNIT — gas, Slant Operating, LLC, Panola County, 54 thousand reported
  • WOOLWORTH GAS UNIT — gas, Remuda Operating Company, Panola County, 54 thousand reported
  • BRISTOL — gas, Paladin Drilling Company, Panola County, 54 thousand reported
  • HULL UNIT B — gas, Devon Energy Production Co, L.P., Panola County, 54 thousand reported
  • BURK — gas, Sojitz Energy Venture, Inc., Panola County, 54 thousand reported
  • JONES, ELSIE OIL UNIT NO. 1 — oil, Exxon Corp., Panola County, 54 thousand reported
  • WERNER, LOUIS SAWMILL CO. — gas, Sonat Exploration Company -Tyler, Panola County, 53 thousand reported
  • GRAVES ESTATE — gas, Devon Louisiana Corporation, Panola County, 53 thousand reported
  • SPARKS — gas, Graward Operating, Inc., Panola County, 53 thousand reported
  • ROSS, C. B. — oil, Union Pacific Resources Company, Panola County, 53 thousand reported
  • TILLER "A" — gas, Pennzoil Exploration & Prod. Co., Panola County, 53 thousand reported
  • BARNETT — gas, Texaco E & P Inc., Panola County, 53 thousand reported
  • WERNER SAWMILL — gas, Devon Energy Production Co, L.P., Panola County, 53 thousand reported
  • CHADWICK UNIT — gas, Devon Energy Production Co, L.P., Panola County, 53 thousand reported
  • STEELE, CORRIE A UNIT — gas, Pennzoil Exploration & Prod. Co., Panola County, 53 thousand reported
  • FURRH, J.M. — gas, Goldsberry Operating Co., Inc., Panola County, 53 thousand reported
  • BRIGGS-MORELAND GU — gas, Sonat Exploration Company -Tyler, Panola County, 52 thousand reported
  • BURNS, LIZZIE ET AL NCT-1 — gas, Chevron U. S. A. Inc., Panola County, 52 thousand reported
  • HARRIS, C. E. — gas, Richey Operating, Inc., Panola County, 52 thousand reported
  • CORDRAY — oil, Union Pacific Resources Company, Panola County, 52 thousand reported
  • ALEXANDER, GENEVA FURRH ET AL — gas, Seagull Mid-South, Inc., Panola County, 52 thousand reported
  • FIRST NATIONAL BALDWIN UNIT — gas, Enron Oil & Gas Company, Panola County, 52 thousand reported
  • HULL -A- — gas, Pennzoil Exploration & Prod. Co., Panola County, 52 thousand reported
  • PARKER UNIT 2 — gas, Lacy Operations, Ltd., Panola County, 52 thousand reported
  • BURNETT UNIT 11 — gas, Lacy, R., Inc., Panola County, 52 thousand reported
  • BURNETT BROTHERS — oil, Amoco Production Company, Panola County, 52 thousand reported
  • PARKER UNIT 3 — gas, Smith, R. E. Interests, Inc., Panola County, 52 thousand reported
  • SMITH, J. J. — oil, Union Pacific Resources Company, Panola County, 52 thousand reported
  • BURNETT BROS. — gas, Amoco Production Company, Panola County, 52 thousand reported
  • ADAMS, T.C. G/U #1 O/A — gas, Texaco E & P Inc., Panola County, 51 thousand reported
  • TAYLOR — oil, M. E. Operating & Services, Inc., Panola County, 51 thousand reported
  • NEAL, SALLIE J. UNIT — gas, Union Pacific Resources Company, Panola County, 51 thousand reported
  • WERNER-BRELSFORD UNIT — gas, Texaco E & P Inc., Panola County, 51 thousand reported
  • HICKS UNIT — gas, Chevron U. S. A. Inc., Panola County, 51 thousand reported
  • LACY-PACE — gas, Camterra Resources, Inc., Panola County, 51 thousand reported
  • HULL UNIT A — gas, Devon Energy Production Co, L.P., Panola County, 50 thousand reported
  • MOORE UNIT — gas, Pennzoil Exploration & Prod. Co., Panola County, 50 thousand reported
  • JONES, O.L. GAS UNIT — gas, Chevron U. S. A. Inc., Panola County, 50 thousand reported
  • FURRH-TIMMONS -A- — oil, Burk Royalty Company, Panola County, 50 thousand reported
  • LAGRONE, T.S. UNIT — gas, Chevron U. S. A. Inc., Panola County, 50 thousand reported
  • O. W. ALEXANDER — gas, Chevron U. S. A. Inc., Panola County, 50 thousand reported
  • THOMPSON UNIT — gas, Devon Energy Production Co, L.P., Panola County, 50 thousand reported
  • PAYNE — gas, Sonat Exploration Company -Tyler, Panola County, 50 thousand reported
  • BROWN, J. C. — gas, Exxon Corp., Panola County, 49 thousand reported
  • FROST LUMBER — gas, Camterra Resources, Inc., Panola County, 49 thousand reported
  • HARRELL, JEANETTE OIL UNIT NO.1 — oil, Texaco E & P Inc., Panola County, 49 thousand reported
  • JERNIGAN, MATTIE — gas, Ocean Energy, Inc., Panola County, 49 thousand reported
  • MCMILLAN, KATE — gas, Texaco E & P Inc., Panola County, 49 thousand reported
  • BROUGHER — gas, Shelby Operating Company, Panola County, 49 thousand reported
  • STEELE, CORRIE UNIT — gas, Devon Energy Production Co, L.P., Panola County, 49 thousand reported
  • PENNA-SIKES — gas, Chevron U. S. A. Inc., Panola County, 49 thousand reported
  • CUMMINGS — gas, Ocean Energy, Inc., Panola County, 49 thousand reported
  • MAURITZEN, J.C. — gas, Devon Energy Production Co, L.P., Panola County, 48 thousand reported
  • FURRH ET AL — gas, Goldsberry Operating Co., Inc., Panola County, 48 thousand reported
  • HAMILTON, D.K. — gas, Basa Resources, Inc., Panola County, 48 thousand reported
  • REEVES — oil, Harleton Oil & Gas Inc., Panola County, 48 thousand reported
  • WERNER-SPRADLEY — oil, Texaco E & P Inc., Panola County, 48 thousand reported
  • JERNIGAN, R. A. UNIT 3 — oil, Par Minerals Corporation, Panola County, 48 thousand reported
  • E. C. POWERS UNIT — oil, Chevron U. S. A. Inc., Panola County, 48 thousand reported
  • HOWE — gas, Sikes Operating, Inc., Panola County, 48 thousand reported
  • WILLIAMSON — gas, Oklahoma RB Operating Company, Panola County, 48 thousand reported
  • PENNA - SIKES UNIT — gas, Texaco E & P Inc., Panola County, 48 thousand reported
  • HULL UNIT A — gas, Devon Energy Production Co, L.P., Panola County, 48 thousand reported
  • WERNER-HULL UNIT — gas, Texaco E & P Inc., Panola County, 47 thousand reported
  • BEASON-ROSS — oil, Texaco E & P Inc., Panola County, 47 thousand reported
  • EAST GAS UNIT — gas, Madera Production Company, Panola County, 47 thousand reported
  • COLLINS UNIT — gas, Devon Energy Production Co, L.P., Panola County, 47 thousand reported
  • ALMA ANDERSON OIL UNIT NO. 1 — oil, Xto Energy Inc., Panola County, 47 thousand reported
  • SABINE ROYALTY — gas, Pecos Petroleum Company, Panola County, 47 thousand reported
  • WERNER-CARRINGTON GAS UNIT — gas, Texaco E & P Inc., Panola County, 47 thousand reported
  • CGU 25 — gas, Union Pacific Resources Company, Panola County, 47 thousand reported
  • DUNAWAY G.U. — gas, Glassell Producing Company, Inc., Panola County, 47 thousand reported
  • JANUARY "A" — gas, Basa Resources, Inc., Panola County, 46 thousand reported
  • MOORE UNIT — gas, Devon Energy Production Co, L.P., Panola County, 46 thousand reported
  • BOWLES — gas, Winchester Production Company, Panola County, 46 thousand reported
  • CARTHAGE GAS UNIT — gas, Enron Oil & Gas Company, Panola County, 46 thousand reported
  • THOMPSON UNIT — gas, Devon Energy Production Co, L.P., Panola County, 46 thousand reported
  • HULL UNIT B — gas, Devon Energy Production Co, L.P., Panola County, 46 thousand reported
  • FURRH, J. D. — gas, Sonat Exploration Company -Tyler, Panola County, 46 thousand reported
  • CARTHAGE GAS UNIT — gas, Enron Oil & Gas Company, Panola County, 46 thousand reported
  • WALDROP, M. G. — oil, Richey Properties, Inc., Panola County, 46 thousand reported
  • BECKWORTH — gas, Devon Louisiana Corporation, Panola County, 46 thousand reported
  • HOLMES, PRIESTLY UNIT — gas, Union Pacific Resources Company, Panola County, 46 thousand reported
  • COLLINS UNIT — gas, Pennzoil Exploration & Prod. Co., Panola County, 45 thousand reported
  • DANIELS, M. H. ET AL "A" — oil, Texaco E & P Inc., Panola County, 45 thousand reported
  • WILLEY, LOUIS — gas, Bowles Energy, Inc., Panola County, 45 thousand reported
  • CARTHAGE GAS UNIT — gas, Enron Oil & Gas Company, Panola County, 45 thousand reported
  • MCRAE, BLANCHE — gas, Devon Energy Production Co, L.P., Panola County, 45 thousand reported
  • WERNER-THOMPSON — gas, Texaco E & P Inc., Panola County, 45 thousand reported
  • JONES ESTATE — gas, Lacy, R., Inc., Panola County, 45 thousand reported
  • KINSEY, N. V. — oil, Texaco E & P Inc., Panola County, 45 thousand reported
  • DENNARD UNIT — gas, Pennzenergy Exp. & Prod., L.L.C., Panola County, 45 thousand reported
  • FOGLEMAN, CLYDELLE MRS. — gas, Brock Oil & Gas Corporation, Panola County, 45 thousand reported
  • BURNETT — gas, Sonat Exploration Company -Tyler, Panola County, 44 thousand reported
  • HOLIDAY, C. C. -A- — gas, Texaco E & P Inc., Panola County, 44 thousand reported
  • POWERS, BILL — gas, Phillips, Jack L., Panola County, 44 thousand reported
  • M. K. ANDERSON — gas, Ac Exploration, LLC, Panola County, 44 thousand reported
  • GREER, T.A. — gas, Sonat Exploration Company -Tyler, Panola County, 44 thousand reported
  • JOHNSON, B.J. UNIT — gas, Chevron U. S. A. Inc., Panola County, 44 thousand reported
  • HULL UNIT A — gas, Pennzoil Exploration & Prod. Co., Panola County, 43 thousand reported
  • PANOLA DEVELOPMENT — gas, Glassell Producing Company, Inc., Panola County, 43 thousand reported
  • WHITAKER UNIT — gas, Devon Energy Production Co, L.P., Panola County, 43 thousand reported
  • CARTHAGE GAS UNIT 11 — gas, Amoco Production Company, Panola County, 43 thousand reported
  • WHITAKER UNIT — gas, Devon Energy Production Co, L.P., Panola County, 43 thousand reported
  • CARTHAGE GAS UNIT — gas, Enron Oil & Gas Company, Panola County, 43 thousand reported
  • SMITH, JOHN-FROST UNIT #1 — oil, Lacy, R., Inc., Panola County, 43 thousand reported
  • WOOLWORTH GAS UNIT — gas, Devon Energy Production Co, L.P., Panola County, 43 thousand reported
  • RALEY, SAM UNIT — gas, Levinson Partners Corporation, Panola County, 43 thousand reported
  • TAYLOR HEIRS — gas, Patara Oil & Gas LLC, Panola County, 43 thousand reported
  • PANOLA DEVELOPMENT CO. — gas, Glassell Producing Company, Inc., Panola County, 43 thousand reported
  • BRIGGS-MORELAND GU — oil, Sonat Exploration Company -Tyler, Panola County, 43 thousand reported
  • CARTHAGE UNIT — gas, Erso, Inc., Panola County, 43 thousand reported
  • KELLY-LINCOLN UNIT — gas, Chevron U. S. A. Inc., Panola County, 42 thousand reported
  • RICHARDSON — gas, Hopewell Operating, Inc., Panola County, 42 thousand reported
  • POSS, L.T. UNIT — gas, Anadarko E&P Company LP, Panola County, 42 thousand reported
  • WERNER-SPRADLEY UNIT — gas, Texaco E & P Inc., Panola County, 42 thousand reported
  • VERA M. DAVIS GAS UNIT — oil, Winchester Production Company, Panola County, 42 thousand reported
  • TAYLOR HEIRS — oil, Ac Exploration, LLC, Panola County, 42 thousand reported
  • CGU 14 — gas, Union Pacific Resources Company, Panola County, 42 thousand reported
  • MOORE UNIT — gas, Sheridan Production Company, LLC, Panola County, 42 thousand reported
  • DAVIS, A. L. — gas, Sheridan Production Co III, LLC, Panola County, 42 thousand reported
  • CGU 19 — gas, Union Pacific Resources Company, Panola County, 42 thousand reported
  • TRAVIS PEAK ROYALTY — gas, Paladin Drilling Company, Panola County, 42 thousand reported
  • HUDSON-JOHNSON UNIT — gas, Devon Energy Production Co, L.P., Panola County, 42 thousand reported
  • BRUMBLE-STUDDARD — gas, Hopewell Operating, Inc., Panola County, 42 thousand reported
  • HULL UNIT A — oil, Devon Energy Production Co, L.P., Panola County, 42 thousand reported
  • CARTHAGE GAS UNIT — gas, Eog Resources, Inc., Panola County, 42 thousand reported
  • WERNER-POPE UNIT — gas, Texaco E & P Inc., Panola County, 42 thousand reported
  • HOWE — gas, Patara Oil & Gas LLC, Panola County, 41 thousand reported
  • CHADWICK UNIT — gas, Pennzoil Exploration & Prod. Co., Panola County, 41 thousand reported
  • CGU 17 — gas, Union Pacific Resources Company, Panola County, 41 thousand reported
  • W.B. WIENER, JR. ET AL — gas, Glassell Producing Company, Inc., Panola County, 41 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.