Oil and gas leases in Panola County — page 41

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 41 of 47

ALLISON, E.C. OIL UNIT 1 — oil, Exxon Corp., Panola County, 41 thousand reported
CAUDLE, DAHLIA O. UNIT 1 — gas, Anadarko E&P Company LP, Panola County, 41 thousand reported
CARTHAGE GAS UNIT 13 — gas, Amoco Production Company, Panola County, 41 thousand reported
HULL UNIT A — gas, Devon Energy Production Co, L.P., Panola County, 41 thousand reported
HANCOCK UNIT — gas, Sheridan Production Co III, LLC, Panola County, 41 thousand reported
BREWSTER, J.T. — gas, Arco Oil & Gas Co., Panola County, 41 thousand reported
WERNER -H- GU — gas, Texaco E & P Inc., Panola County, 40 thousand reported
BURNETT BROTHERS — gas, Amoco Production Company, Panola County, 40 thousand reported
CGU 20 — gas, Union Pacific Resources Company, Panola County, 40 thousand reported
CAMERON UNIT 3 — oil, R. Lacy Services, Ltd., Panola County, 40 thousand reported
WERNER-LEWIN — gas, Texaco E & P Inc., Panola County, 40 thousand reported
GREER, T. A. — gas, First Texas Exploration Corp., Panola County, 40 thousand reported
BLACK, W. G. ESTATE GAS UNIT — gas, Martin Cannon Interests, LLC, Panola County, 40 thousand reported
FENDER, H. R. — gas, Devon Energy Production Co, L.P., Panola County, 40 thousand reported
TAYLOR — oil, M. E. Operating & Services, Inc., Panola County, 40 thousand reported
GULLEY, MARVIN — oil, Total E&P USA, Inc., Panola County, 39 thousand reported
HULL UNIT B — gas, Pennzenergy Exp. & Prod., L.L.C., Panola County, 39 thousand reported
BRIGGS UNIT 1 — gas, R. Lacy Services, Ltd., Panola County, 39 thousand reported
THOMAS, CHARLES — gas, Sheridan Production Co III, LLC, Panola County, 39 thousand reported
ROQUEMORE, EDDIE — gas, Bachtell, Charles Ray, Panola County, 39 thousand reported
WALTON, MARY — gas, Buffco Production Inc., Panola County, 39 thousand reported
ROGERS GAS UNIT — gas, Anadarko E&P Onshore LLC, Panola County, 39 thousand reported
FOUR DOGS UNIT 1 — oil, Mondo Operating Company, Panola County, 39 thousand reported
EVANGELINE UNIT — oil, Pennzoil Exploration & Prod. Co., Panola County, 39 thousand reported
MATTIE RITTER HEIRS OIL UNIT — oil, Sheridan Production Company, LLC, Panola County, 39 thousand reported
WERNER-JORDAN — gas, Texaco E & P Inc., Panola County, 39 thousand reported
HULL UNIT A — gas, Sheridan Production Co III, LLC, Panola County, 39 thousand reported
DONALD, F.H. — gas, Exxon Corp., Panola County, 39 thousand reported
HILLTOP — gas, Sendero Energy Inc., Panola County, 39 thousand reported
H.D. BROWNING GAS UNIT NO. 1 — gas, Slant Operating, LLC, Panola County, 39 thousand reported
THOMAS, CHARLES — oil, Ocean Energy, Inc., Panola County, 39 thousand reported
CGU 19 — gas, Union Pacific Resources Company, Panola County, 39 thousand reported
BRIGGS, W.F. — gas, Sonat Exploration Company -Tyler, Panola County, 39 thousand reported
HULL A-16 UNIT — oil, Devon Energy Production Co, L.P., Panola County, 38 thousand reported
MURVAUL GAS UNIT — oil, Basa Resources, Inc., Panola County, 38 thousand reported
HOLLIDAY, C. C. — oil, Texaco E & P Inc., Panola County, 38 thousand reported
CHAMPION — gas, Brammer Petroleum, Inc., Panola County, 38 thousand reported
WEISS — gas, Fredonia Resources Inc., Panola County, 38 thousand reported
POSS, L.T. UNIT — gas, Anadarko E&P Onshore LLC, Panola County, 38 thousand reported
CARTHAGE GAS UNIT — gas, Erso, Inc., Panola County, 38 thousand reported
PAYNE — gas, Sonat Exploration Company -Tyler, Panola County, 38 thousand reported
HICKS UNIT — oil, Chevron U. S. A. Inc., Panola County, 38 thousand reported
BOWEN — gas, Buffco Production Inc., Panola County, 38 thousand reported
HARRELL, J. GU — gas, Texaco E & P Inc., Panola County, 38 thousand reported
HULL UNIT B — oil, Devon Energy Production Co, L.P., Panola County, 38 thousand reported
ROBINSON — oil, Mcgoldrick Oil Company, Panola County, 38 thousand reported
JERNIGAN, MATTI — gas, Seagull Mid-South, Inc., Panola County, 38 thousand reported
MASON TP 6400 — gas, Devon Energy Production Co, L.P., Panola County, 38 thousand reported
MITCHELL, E. A. — oil, Anadarko E&P Company LP, Panola County, 37 thousand reported
POWERS, E. C. — gas, Texaco E & P Inc., Panola County, 37 thousand reported
BELL, MILES — gas, Burk Royalty Company, Panola County, 37 thousand reported
POSS, L. T., UNIT 1 — gas, Kodiak Oil And Gas, Inc., Panola County, 37 thousand reported
TILLER -A- — oil, Jeems Bayou Production Corp., Panola County, 37 thousand reported
WHIDDON UNIT — gas, Key Production Co., Panola County, 37 thousand reported
JULIA WHITFIELD — oil, Chevron U. S. A. Inc., Panola County, 37 thousand reported
TAYLOR — gas, HRB Operating Company, Inc., Panola County, 37 thousand reported
RICHARDSON UNIT — oil, Lacy, R., Inc., Panola County, 37 thousand reported
HOPKINS — oil, Big Run Production Company, Panola County, 37 thousand reported
BROWN UNIT 1 — gas, Lacy, R., Inc., Panola County, 37 thousand reported
CARTHAGE UNIT — gas, Erso, Inc., Panola County, 37 thousand reported
LATHAM ESTATES — gas, Sterling Energy, Inc., Panola County, 37 thousand reported
WEIR ESTATE — gas, Slant Operating, LLC, Panola County, 37 thousand reported
THOMPSON UNIT — gas, Pennzoil Exploration & Prod. Co., Panola County, 37 thousand reported
SHAW HEIRS — gas, Enervest Operating, L.L.C., Panola County, 37 thousand reported
SAWMILL, WERNER, UNIT — gas, Brammer Petroleum, Inc., Panola County, 37 thousand reported
CGU 8 — gas, Union Pacific Resources Company, Panola County, 36 thousand reported
ALLISON UNIT — gas, Sheridan Production Co III, LLC, Panola County, 36 thousand reported
BURNETT BROTHERS — gas, Amoco Production Company, Panola County, 36 thousand reported
WALLACE UNIT — gas, Texaco E & P Inc., Panola County, 36 thousand reported
ADAMS, T. C. NCT-1 — gas, Chevron U. S. A. Inc., Panola County, 36 thousand reported
BROWN, HERMAN — gas, Arco Oil & Gas Co., Panola County, 36 thousand reported
J.W. COOKE UNIT 1 — oil, R. Lacy Services, Ltd., Panola County, 36 thousand reported
WERNER -P- — oil, Jeems Bayou Production Corp., Panola County, 36 thousand reported
BURNS, LIZZIE ET AL UNIT — gas, Chevron U. S. A. Inc., Panola County, 36 thousand reported
SEALEY, MAY ETAL — oil, Chevron U. S. A. Inc., Panola County, 36 thousand reported
WEEKS B — gas, Dreyfus, Louis Natural Gas Corp, Panola County, 36 thousand reported
KYLE, FRED UNIT — gas, Exxon Corp., Panola County, 36 thousand reported
STROUD — gas, S M K Energy Corporation, Panola County, 36 thousand reported
THOMPSON UNIT — oil, Southwest Operating, Inc.-Tyler, Panola County, 36 thousand reported
SMITH — gas, Crow, David, Panola County, 35 thousand reported
METCALF, F. — oil, Sonat Exploration Company -Tyler, Panola County, 35 thousand reported
BIGGS, W. E. MRS. — gas, Big Run Production Company, Panola County, 35 thousand reported
BRADY, JAMES E. UNIT — oil, Rodessa Management, Inc., Panola County, 35 thousand reported
BROWN, J.C. "B" — oil, Exxon Corp., Panola County, 35 thousand reported
WRIGHT, J. T. -A- UNIT — oil, Union Pacific Resources Company, Panola County, 35 thousand reported
BRADY, J. R. UNIT — gas, Petroleum Exchange Oper. Co. Inc, Panola County, 35 thousand reported
FURRH ET AL — gas, Williams, Clayton Energy, Inc., Panola County, 35 thousand reported
WELLS — gas, Shelby, Michael H., Panola County, 35 thousand reported
CARTHAGE GAS UNIT — gas, Enron Oil & Gas Company, Panola County, 35 thousand reported
CARTHAGE GAS UNIT — oil, Enron Oil & Gas Company, Panola County, 35 thousand reported
HOLLAND GAS UNIT NO. 1 — gas, Craton Energy Holdings III, LP, Panola County, 35 thousand reported
WERNER-GOODSON — gas, Chevron U. S. A. Inc., Panola County, 35 thousand reported
BRUMBLE — gas, Hopewell Operating, Inc., Panola County, 34 thousand reported
ADAMS, T. C. NCT-1 — oil, Chevron U. S. A. Inc., Panola County, 34 thousand reported
WIENER — gas, Pecos Petroleum Company, Panola County, 34 thousand reported
LATHAM, J. T. — oil, Union Pacific Resources Company, Panola County, 34 thousand reported
CHADWICK UNIT — gas, Pennzoil Exploration & Prod. Co., Panola County, 34 thousand reported
LAGRONE, T. S. — gas, Chevron U. S. A. Inc., Panola County, 34 thousand reported
HOWARD — gas, Sendero Energy Inc., Panola County, 34 thousand reported
CHANDLER HEIRS — gas, TGNR East Texas II LLC, Panola County, 34 thousand reported
CHANDLER HEIRS — oil, Samson Lone Star LP, Panola County, 33 thousand reported
CGU 36 — gas, Union Pacific Resources Company, Panola County, 33 thousand reported
KYLE, FRED "A" UNIT — gas, Union Pacific Resources Company, Panola County, 33 thousand reported
MULLINS — oil, Par Minerals Corporation, Panola County, 33 thousand reported
FROST LUMBER CO. (SPRR) UNIT 1 — oil, Anadarko E&P Onshore LLC, Panola County, 33 thousand reported
CGU 10 — gas, Union Pacific Resources Company, Panola County, 33 thousand reported
FROST UNIT 5 — gas, Anadarko E&P Company LP, Panola County, 33 thousand reported
GULLEY, M.E. GAS UNIT — gas, Devon Energy Production Co, L.P., Panola County, 33 thousand reported
ADAMS, T. C. NCT-1 — gas, Chevron U. S. A. Inc., Panola County, 33 thousand reported
CHRISTIAN, C.O. HEIRS UNIT — gas, Glassell, Alfred C., JR., Panola County, 33 thousand reported
ROBERSON UNIT — gas, Devon Energy Production Co, L.P., Panola County, 33 thousand reported
BEALL, W.F. — gas, Chevron U. S. A. Inc., Panola County, 33 thousand reported
GARY GAS UNIT — gas, Anadarko E&P Company LP, Panola County, 33 thousand reported
CARTHAGE GAS UNIT #10 — gas, Amoco Production Company, Panola County, 32 thousand reported
DANIELS-A — gas, Phillips Petroleum Company, Panola County, 32 thousand reported
BURTON, BILLIE JEAN — gas, Sheridan Production Company, LLC, Panola County, 32 thousand reported
WHITAKER UNIT — gas, Pennzoil Exploration & Prod. Co., Panola County, 32 thousand reported
PAYNE — gas, Sonat Exploration Company -Tyler, Panola County, 32 thousand reported
HEBERT — gas, Seagull Mid-South, Inc., Panola County, 32 thousand reported
LASHLEY, M. GAS UNIT — gas, Cci East Texas Upstream LLC, Panola County, 32 thousand reported
MCNEE OIL UNIT — oil, Texaco E & P Inc., Panola County, 32 thousand reported
WERNER-KOYLE — gas, Texaco E & P Inc., Panola County, 32 thousand reported
JONES, O.L. GAS UNIT — gas, Chevron U. S. A. Inc., Panola County, 32 thousand reported
SHADY GROVE BAPTIST CH. OIL UNIT — oil, Phillips, Jack L., Panola County, 31 thousand reported
LA GRONE, DON H. — oil, Texaco E & P Inc., Panola County, 31 thousand reported
TWOMEY, J.T. — oil, Big Run Production Company, Panola County, 31 thousand reported
DOCK CHADWICK UNIT — oil, Union Pacific Resources Company, Panola County, 31 thousand reported
THOMPSON UNIT — gas, Devon Energy Production Co, L.P., Panola County, 31 thousand reported
HILL, IOLA — gas, Howell Oil & Gas, Inc., Panola County, 31 thousand reported
CGU 7 — gas, Anadarko E&P Company LP, Panola County, 31 thousand reported
HUDSON-JOHNSON UNIT — gas, Sheridan Production Company, LLC, Panola County, 31 thousand reported
BOISE SOUTHERN, ET AL — gas, Reynolds Drilling Co., Inc., Panola County, 31 thousand reported
CHADWICK UNIT — gas, Devon Energy Production Co, L.P., Panola County, 31 thousand reported
ALLISON, THOMAS — oil, Wilson - Owens Production Co., Panola County, 31 thousand reported
SOUTHLAND PAPER COMPANY — gas, Texaco E & P Inc., Panola County, 31 thousand reported
WOOLWORTH "B" — gas, Garrison Operating, L.L.C., Panola County, 31 thousand reported
HOLDER, CLAUD — oil, Phillips, Jack L., Panola County, 31 thousand reported
BRIGGS UNIT 1 — gas, Lacy, R., Inc., Panola County, 31 thousand reported
HILL HEIRS — gas, Par Minerals Corporation, Panola County, 31 thousand reported
BRADY ESTATE — gas, Ac Exploration, LLC, Panola County, 31 thousand reported
HULL UNIT A — gas, Sheridan Production Company, LLC, Panola County, 31 thousand reported
KEELING FAMILY GAS UNIT 1 — gas, Enduring Resources, LLC, Panola County, 31 thousand reported
MARKEY — gas, Oklahoma RB Operating Company, Panola County, 31 thousand reported
DUNAWAY GAS UNIT — gas, Glassell Producing Company, Inc., Panola County, 30 thousand reported
HULL UNIT B — gas, Devon Energy Production Co, L.P., Panola County, 30 thousand reported
LEVENIA RAYSON ESTATE — oil, Anadarko E&P Company LP, Panola County, 30 thousand reported
PACIFIC ENTERPRISES ABC CORP. — gas, M. E. Operating & Services, Inc., Panola County, 30 thousand reported
CARTHAGE GAS UNIT 9 — gas, Harleton Oil & Gas Inc., Panola County, 30 thousand reported
PAYNE — gas, Sonat Exploration Company -Tyler, Panola County, 30 thousand reported
CRENSHAW UNIT — gas, Devon Energy Production Co, L.P., Panola County, 30 thousand reported
HICKS, O. B. GU — gas, Vastar Resources, Inc., Panola County, 30 thousand reported
SEALEY, B. Y. — oil, First Texas Exploration Corp., Panola County, 30 thousand reported
OWENS, NELLIE OIL UNIT NO. 1 — oil, Exxon Corp., Panola County, 30 thousand reported
ALLISON UNIT — gas, Devon Energy Production Co, L.P., Panola County, 30 thousand reported
WERNER-GIBBS — oil, Texaco E & P Inc., Panola County, 29 thousand reported
WILLIAMS UNIT — gas, Petroleum Production MGMT., Inc., Panola County, 29 thousand reported
WERNER "A" UNIT — gas, Chevron U. S. A. Inc., Panola County, 29 thousand reported
HUDSON-JOHNSON UNIT — gas, Devon Energy Production Co, L.P., Panola County, 29 thousand reported
THOMAS & WOOD — gas, Exxon Corp., Panola County, 29 thousand reported
BECK CREEK — gas, Union Pacific Resources Company, Panola County, 29 thousand reported
G, T, ALLISON OIL UNIT -B- — oil, Vastar Resources, Inc., Panola County, 29 thousand reported
BEALL, W. F. "A" — oil, Chevron U. S. A. Inc., Panola County, 29 thousand reported
ADAMS G.U. 1 — gas, Newfield Exploration Company, Panola County, 29 thousand reported
BURNETT BROTHERS "B" — oil, Amoco Production Company, Panola County, 29 thousand reported
STEELE, CORRIE — gas, Pennzoil Exploration & Prod. Co., Panola County, 29 thousand reported
CHADWICK UNIT — gas, Devon Energy Production Co, L.P., Panola County, 29 thousand reported
PAGE, L. E. — gas, Sheridan Production Co III, LLC, Panola County, 29 thousand reported
CGU 22 — gas, Union Pacific Resources Company, Panola County, 29 thousand reported
CARTER, W.H. -A- — gas, Sonat Exploration Company -Tyler, Panola County, 29 thousand reported
BECKWORTH — oil, Sheridan Production Co III, LLC, Panola County, 29 thousand reported
WHITAKER UNIT — gas, Devon Energy Production Co, L.P., Panola County, 29 thousand reported
BILL POWERS A — gas, Slant Operating, LLC, Panola County, 29 thousand reported
CHADWICK — gas, Basa Resources, Inc., Panola County, 29 thousand reported
CARTHAGE GAS UNIT — gas, Enron Oil & Gas Company, Panola County, 29 thousand reported
MATTHEWS -B- — oil, Texaco E & P Inc., Panola County, 29 thousand reported
JORDAN — oil, Ac Exploration, LLC, Panola County, 29 thousand reported
WHITFIELD UNIT — gas, Texaco E & P Inc., Panola County, 29 thousand reported
LILLY UNIT — gas, Devon Energy Production Co, L.P., Panola County, 29 thousand reported
DEVLIN, W. W. — oil, Siroco Operating Co., Inc., Panola County, 29 thousand reported
MAY SEALEY — oil, Chevron U. S. A. Inc., Panola County, 28 thousand reported
DEVLIN, W. W. — oil, Siroco Operating Co., Inc., Panola County, 28 thousand reported
WERNER, LOUIS SAWMILL CO. — gas, Sonat Exploration Company -Tyler, Panola County, 28 thousand reported
TILLER, LLOYD — gas, Kabco Oil & Gas Company, Panola County, 28 thousand reported
CARTHAGE GAS UNIT — gas, Eog Resources, Inc., Panola County, 28 thousand reported
LAGRONE-JETER UNIT — gas, Chevron U. S. A. Inc., Panola County, 28 thousand reported
HUDSON-JOHNSON UNIT — gas, Sheridan Production Company, LLC, Panola County, 28 thousand reported
CRENSHAW UNIT — gas, Devon Energy Production Co, L.P., Panola County, 28 thousand reported
CARTHAGE GAS UNIT — gas, Enron Oil & Gas Company, Panola County, 28 thousand reported
YOUNGBLOOD-ROE UNIT — gas, Devon Energy Production Co, L.P., Panola County, 28 thousand reported
KELLY-LINCOLN — gas, Chevron U. S. A. Inc., Panola County, 28 thousand reported
HULL UNIT A — gas, Pennzoil Exploration & Prod. Co., Panola County, 28 thousand reported
KYLE, EARL, ET AL — oil, Walker, Tigner, Panola County, 28 thousand reported
HOLCOMBE — gas, Sonat Exploration Company -Tyler, Panola County, 28 thousand reported
CGU 30 — gas, Union Pacific Resources Company, Panola County, 28 thousand reported
SMITH-BIRD — gas, Sheridan Production Co III, LLC, Panola County, 27 thousand reported
NEVADA - ALEXANDER OIL UNIT — oil, Union Pacific Resources Company, Panola County, 27 thousand reported
TOMPKINS — oil, Sonat Exploration Company -Tyler, Panola County, 27 thousand reported
CGU 13 — gas, Union Pacific Resources Company, Panola County, 27 thousand reported
WERNER "A" — gas, Chevron U. S. A. Inc., Panola County, 27 thousand reported
BOLES, A.M. GAS UNIT — gas, Arco Oil & Gas Co., Panola County, 27 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.