Oil and gas leases in Panola County — page 43

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 43 of 47

TILLER, G. C. — oil, Shelby, Michael H., Panola County, 17 thousand reported
WILLIAMS HEIRS — gas, Phillips Petroleum Company, Panola County, 16 thousand reported
STEELE, CORRIE UNIT — gas, Devon Energy Production Co, L.P., Panola County, 16 thousand reported
THOMAS & WOOD — oil, Exxon Corp., Panola County, 16 thousand reported
LEWIS UNIT — gas, Pennzoil Exploration & Prod. Co., Panola County, 16 thousand reported
CGU 23 — gas, Union Pacific Resources Company, Panola County, 16 thousand reported
HARDIN -A- — gas, Oxy USA Inc., Panola County, 16 thousand reported
CARTHAGE UNIT — gas, Erso, Inc., Panola County, 16 thousand reported
HEBERT — gas, Sheridan Production Co III, LLC, Panola County, 16 thousand reported
CARTHAGE GAS UNIT — gas, Eog Resources, Inc., Panola County, 16 thousand reported
FONVILLE — gas, Winchester Production Company, Panola County, 16 thousand reported
BLANKENSHIP "B" — oil, Texaco E & P Inc., Panola County, 16 thousand reported
HULL UNIT A — gas, Devon Energy Production Co, L.P., Panola County, 16 thousand reported
CARTHAGE GU 2 ROSS — gas, Exxon Corp., Panola County, 16 thousand reported
BILL POWERS A — gas, Slant Operating, LLC, Panola County, 16 thousand reported
WERNER, LOUIS SAW MILL CO. — gas, Pennzenergy Exp. & Prod., L.L.C., Panola County, 16 thousand reported
TILLER -B- UNIT — oil, Jeems Bayou Production Corp., Panola County, 16 thousand reported
PANOLA DEVELOPMENT CO. — gas, Glassell Producing Company, Inc., Panola County, 16 thousand reported
LEWIS UNIT — gas, Devon Energy Production Co, L.P., Panola County, 16 thousand reported
BURNETT UNIT 7 — gas, Lacy Operations, Ltd., Panola County, 16 thousand reported
CARTHAGE OIL UNIT — oil, Enron Oil & Gas Company, Panola County, 16 thousand reported
LATHAM 2 — oil, Spartan Operating Company, Inc., Panola County, 16 thousand reported
CARTHAGE GAS UNIT 13 — gas, Amoco Production Company, Panola County, 16 thousand reported
WERNER "E" — gas, Chevron U. S. A. Inc., Panola County, 16 thousand reported
JETER, AARON UNIT — gas, Pennzenergy Exp. & Prod., L.L.C., Panola County, 16 thousand reported
COLLINS OIL UNIT — oil, Devon Energy Production Co, L.P., Panola County, 15 thousand reported
CARTHAGE UNIT — gas, Erso, Inc., Panola County, 15 thousand reported
BLEAKLEY, P. J. — gas, Enron Oil & Gas Company, Panola County, 15 thousand reported
HULL -A- — gas, Pennzoil Exploration & Prod. Co., Panola County, 15 thousand reported
TILLERY UNIT — gas, Pennzenergy Exp. & Prod., L.L.C., Panola County, 15 thousand reported
CGU 29 — gas, Union Pacific Resources Company, Panola County, 15 thousand reported
BRADY, G. H. — gas, Rodessa Management, Inc., Panola County, 15 thousand reported
DAVIDSON, R. P. — oil, Texaco E & P Inc., Panola County, 15 thousand reported
WOOLWORTH, J. D. -A- — oil, Panola Producing Co., Inc., Panola County, 15 thousand reported
BEALL-NORMAN UNIT — gas, Chevron U. S. A. Inc., Panola County, 15 thousand reported
MAURITZEN — oil, Fortson Oil Company, Panola County, 15 thousand reported
PHILLIPS GAS UNIT — gas, Enduring Resources, LLC, Panola County, 15 thousand reported
BURNETT BROTHERS — oil, Amoco Production Company, Panola County, 15 thousand reported
WOMACK — gas, Sonat Exploration Company -Tyler, Panola County, 15 thousand reported
ALEXANDER, J. W. — oil, Sikes Operating, Inc., Panola County, 15 thousand reported
ALLISON UNIT — gas, Pennzenergy Exp. & Prod., L.L.C., Panola County, 15 thousand reported
ROBERTS OIL UNIT — oil, Devon Energy Production Co, L.P., Panola County, 15 thousand reported
YOUNG, JULIA — oil, Big Run Production Company, Panola County, 15 thousand reported
SHIVERS, H. G. — oil, Texaco E & P Inc., Panola County, 15 thousand reported
THOR — gas, Basa Resources, Inc., Panola County, 15 thousand reported
J.P. BEAUCHAMP — oil, Chevron U. S. A. Inc., Panola County, 15 thousand reported
REED ESTATE UNIT — oil, Rabalais, F.W. Inc., Panola County, 15 thousand reported
GREENE — oil, M. E. Operating & Services, Inc., Panola County, 15 thousand reported
GUILL, J.C. — gas, Harleton Oil & Gas Inc., Panola County, 15 thousand reported
BROADWAY, W. B. — oil, Texaco E & P Inc., Panola County, 15 thousand reported
HOUGH-SHIVERS UNIT — oil, Chevron U. S. A. Inc., Panola County, 15 thousand reported
MULLINS — gas, Par Minerals Corporation, Panola County, 15 thousand reported
SMITH-BIRD UNIT — gas, Devon Energy Production Co, L.P., Panola County, 15 thousand reported
MOORE, C.E. GAS UNIT — gas, Anadarko E&P Company LP, Panola County, 15 thousand reported
METCALF, FRED — gas, Sonat Exploration Company -Tyler, Panola County, 14 thousand reported
BLEAKLEY, PAUL J. — gas, BRG Petroleum, Inc., Panola County, 14 thousand reported
HOLT, LUCY C. — gas, Sonat Exploration Company -Tyler, Panola County, 14 thousand reported
WYATT — gas, Union Pacific Resources Company, Panola County, 14 thousand reported
WOOLWORTH, J. D., UNIT — gas, Shelby, Michael H., Panola County, 14 thousand reported
MARTIN — gas, Sonat Exploration Company -Tyler, Panola County, 14 thousand reported
BLANKENSHIP UNIT — gas, Texaco E & P Inc., Panola County, 14 thousand reported
WERNER-ANDREWS — oil, Texaco E & P Inc., Panola County, 14 thousand reported
THOMPSON UNIT — gas, Devon Energy Production Co, L.P., Panola County, 14 thousand reported
CGU 19 — gas, Union Pacific Resources Company, Panola County, 14 thousand reported
BRITTON — gas, Union Pacific Resources Company, Panola County, 14 thousand reported
MANGHAM, R. S. A — oil, Chevron U. S. A. Inc., Panola County, 14 thousand reported
WALLS — oil, Deep Rock Resources, Inc., Panola County, 14 thousand reported
SMITH, JOHN-FROST UNIT #1 — gas, Cci East Texas Upstream LLC, Panola County, 14 thousand reported
BEARD, P. O. — oil, Goodrich Petroleum Company, Panola County, 14 thousand reported
WERNER-SPRADLEY — gas, Chevron U. S. A. Inc., Panola County, 14 thousand reported
LILLY SWD — gas, Pennzoil Exploration & Prod. Co., Panola County, 14 thousand reported
ALLISON, G.T. GAS UNIT — gas, BP America Production Company, Panola County, 14 thousand reported
BOYNTON — gas, Oxy USA Inc., Panola County, 14 thousand reported
POWERS, E. C. ET AL "A" — oil, Texaco E & P Inc., Panola County, 14 thousand reported
SHIVERS UNIT — gas, Chevron U. S. A. Inc., Panola County, 14 thousand reported
BIRD G.W. GAS UNIT — gas, Glassell Producing Company, Inc., Panola County, 14 thousand reported
HUNT — gas, 3tec Energy Corporation, Panola County, 14 thousand reported
CGU 10 — gas, Union Pacific Resources Company, Panola County, 14 thousand reported
VIRGINIA TODD UNIT — oil, Fortson Oil Company, Panola County, 14 thousand reported
CGU 10 — gas, Union Pacific Resources Company, Panola County, 14 thousand reported
JOHNSON, S. — gas, Chevron U. S. A. Inc., Panola County, 14 thousand reported
DAVIS, S.L. GAS UNIT — gas, BP America Production Company, Panola County, 14 thousand reported
MARTINDALE, O.P. "A" — gas, L & R Petroleum, Panola County, 14 thousand reported
SHAW GAS UNIT — gas, Slant Operating, LLC, Panola County, 13 thousand reported
CRENSHAW, BETTIE — gas, Texaco E & P Inc., Panola County, 13 thousand reported
YOUNGBLOOD-ROE UNIT — gas, Pennzoil Exploration & Prod. Co., Panola County, 13 thousand reported
WEINER, W. B. JR. ET AL — gas, Hopkins, T. M. Operating Co., Panola County, 13 thousand reported
ADAMS, L. V. — oil, Lacy, R., Inc., Panola County, 13 thousand reported
FURRH — gas, Graward Operating, Inc., Panola County, 13 thousand reported
CGU 33 — gas, Union Pacific Resources Company, Panola County, 13 thousand reported
WRIGHT, J.T. — oil, Union Pacific Resources Company, Panola County, 13 thousand reported
LAGRONE-JETER UNIT — gas, Chevron U. S. A. Inc., Panola County, 13 thousand reported
PIRKLE, L.N. "A" — oil, Union Pacific Resources Company, Panola County, 13 thousand reported
CO CHRISTIAN HEIRS — gas, Glassell Producing Company, Inc., Panola County, 13 thousand reported
HULL UNIT A — gas, Devon Energy Production Co, L.P., Panola County, 13 thousand reported
BIGGS — gas, Big Run Production Company, Panola County, 13 thousand reported
BROWN, HERMAN /UNIT 7/ — gas, Arco Oil & Gas Co., Panola County, 13 thousand reported
CARTHAGE /6400/ TRAVIS PEAK UNIT — oil, Texaco E & P Inc., Panola County, 13 thousand reported
CAUDLE, DAHLIA O. UNIT 1 — gas, Anadarko E&P Company LP, Panola County, 13 thousand reported
BRUMBLE, G. W., NCT-1 — oil, Texaco E & P Inc., Panola County, 13 thousand reported
HOPPER /UNIT 1/ — gas, Smith, R. E. Interests, Inc., Panola County, 13 thousand reported
WILCOTS, S. W. — oil, Arco Oil & Gas Co., Panola County, 13 thousand reported
BRUMBLE-STUDDARD — gas, Shelby, Michael H., Panola County, 13 thousand reported
ROQUEMORE, NANNIE — oil, Samson Lone Star LP, Panola County, 13 thousand reported
ADAMS, T.C. NCT-1 — gas, Chevron U. S. A. Inc., Panola County, 13 thousand reported
DONALD, F. H. — gas, Exxon Corp., Panola County, 13 thousand reported
CARTHAGE GAS UNIT 11 — gas, Amoco Production Company, Panola County, 13 thousand reported
CHICAGO-BARNETT — oil, Texaco E & P Inc., Panola County, 13 thousand reported
MOTLEY, LUKE UNIT — gas, Key Production Co., Panola County, 13 thousand reported
BURNETT BROS. — gas, Lacy, R., Inc., Panola County, 13 thousand reported
PENNA-SIXES UNIT — gas, Texaco E & P Inc., Panola County, 13 thousand reported
BEASON, H. C. & C. L. — oil, Texaco E & P Inc., Panola County, 13 thousand reported
DEADWOOD UNIT — gas, Chevron U. S. A. Inc., Panola County, 13 thousand reported
MORELOCK — gas, Winchester Production Company, Panola County, 13 thousand reported
CGU 7 — gas, Union Pacific Resources Company, Panola County, 13 thousand reported
PIRKLE, L.H. — gas, Exxon Corp., Panola County, 13 thousand reported
CARTHAGE GAS UNIT 110 — gas, Sheridan Production Co III, LLC, Panola County, 12 thousand reported
HICKS, O. B. — gas, Arco Oil & Gas Co., Panola County, 12 thousand reported
HILL HEIRS "A" — oil, Par Minerals Corporation, Panola County, 12 thousand reported
HOOKER, J. B. — gas, Richey Properties, Inc., Panola County, 12 thousand reported
MCNEESE — gas, Essex Energy Of Texas Inc., Panola County, 12 thousand reported
HIGHTOWER, IRMA "A" — oil, Fina Oil & Chemical Company, Panola County, 12 thousand reported
COLEMAN, M.J. — gas, Exxon Corp., Panola County, 12 thousand reported
BRUMBLE, G. W. G/U O/A — gas, Texaco E & P Inc., Panola County, 12 thousand reported
HAROLD WILSON — oil, R. Lacy Services, Ltd., Panola County, 12 thousand reported
BLACK, VERA — gas, Sonat Exploration Company -Tyler, Panola County, 12 thousand reported
KELLY-LINCOLN UNIT — gas, Chevron U. S. A. Inc., Panola County, 12 thousand reported
TILLERY UNIT — gas, Devon Energy Production Co, L.P., Panola County, 12 thousand reported
HOLT UNIT 1 — gas, Lacy, R., Inc., Panola County, 12 thousand reported
HERMAN BROWN — oil, Vastar Resources, Inc., Panola County, 12 thousand reported
TAYLOR — gas, Fredonia Resources Inc., Panola County, 12 thousand reported
NELLIE OWENS — oil, Xto Energy Inc., Panola County, 12 thousand reported
SEARCY GAS UNIT — oil, Snyder Oil Corporation, Panola County, 12 thousand reported
CARTHAGE UNIT — gas, Erso, Inc., Panola County, 12 thousand reported
KELLY-LINCOLN UN. — gas, Texaco E & P Inc., Panola County, 12 thousand reported
DAVIS, M.L. — gas, Devon Energy Production Co, L.P., Panola County, 12 thousand reported
FROST-PARKER UNIT — gas, Loutex Production Company, Panola County, 12 thousand reported
SEPAUGH — gas, Sonat Exploration Company -Tyler, Panola County, 12 thousand reported
POPE-MEDLIN — gas, Petroquest Energy, L.L.C., Panola County, 12 thousand reported
CRENSHAW "A" — gas, MGF Oil Corporation, Panola County, 12 thousand reported
JIMMERSON — oil, Richey Operating, Inc., Panola County, 12 thousand reported
BLANKENSHIP "A" — oil, Texaco E & P Inc., Panola County, 12 thousand reported
EXXON FEE — oil, Reserve Management, Inc., Panola County, 12 thousand reported
BROWN, J. C. OU 1 — gas, Xto Energy Inc., Panola County, 12 thousand reported
UNITED GAS PIPELINE CO. — gas, Sonat Exploration Company -Tyler, Panola County, 12 thousand reported
BARNETT UNIT — gas, Chevron U. S. A. Inc., Panola County, 12 thousand reported
SMITH, J. J. — gas, Anadarko E&P Company LP, Panola County, 12 thousand reported
HOPPER UNIT 1 — gas, Smith, R. E. Interests, Inc., Panola County, 12 thousand reported
SHIVERS, C. H. — oil, Texaco E & P Inc., Panola County, 12 thousand reported
WEINER, W. B. JR. ET AL — gas, Oleum Operating Company, L.C., Panola County, 12 thousand reported
CARTHAGE GAS UNIT 10 — gas, BP America Production Company, Panola County, 12 thousand reported
MCRAE, BLANCHE — gas, Sheridan Production Company, LLC, Panola County, 11 thousand reported
FURRH, J.B. ET AL — oil, Goldsberry Operating Co., Inc., Panola County, 11 thousand reported
WILLIAMSON — oil, Sheridan Production Co III, LLC, Panola County, 11 thousand reported
FURRH-COOPER — gas, Petroleum Production MGMT., Inc., Panola County, 11 thousand reported
BIGGS SL — gas, Samson Lone Star, LLC, Panola County, 11 thousand reported
DEADWOOD COMMUNITY GROUNDS ASSOC — oil, Huggs Inc., Panola County, 11 thousand reported
ROBERTS UNIT — gas, Devon Energy Production Co, L.P., Panola County, 11 thousand reported
CGU 3A — gas, Chevron U. S. A. Inc., Panola County, 11 thousand reported
DUNAWAY — oil, Andrew Alan Exploration, Inc., Panola County, 11 thousand reported
HULL UNIT A — oil, Sheridan Production Co III, LLC, Panola County, 11 thousand reported
FLEMING — oil, Pecos Petroleum Company, Panola County, 11 thousand reported
WERNER-BURTON UNIT — gas, Texaco E & P Inc., Panola County, 11 thousand reported
METCALF, FRED — gas, Sonat Exploration Company -Tyler, Panola County, 11 thousand reported
YARBOROUGH — gas, Sonat Exploration Company -Tyler, Panola County, 11 thousand reported
MULLINS, O. V. ET AL — oil, Peoples Energy Prod.-TX, L.P., Panola County, 11 thousand reported
M.H. DANIELS — oil, Chevron U. S. A. Inc., Panola County, 11 thousand reported
HULL UNIT A — gas, Devon Energy Production Co, L.P., Panola County, 11 thousand reported
MOORE OIL UNIT — oil, Devon Energy Production Co, L.P., Panola County, 11 thousand reported
JERNIGAN, MATTIE — gas, Seagull Energy E&P Inc., Panola County, 11 thousand reported
FREEMAN HEIRS — oil, Bowles Energy, Inc., Panola County, 11 thousand reported
HULL UNIT A — gas, Pennzoil Exploration & Prod. Co., Panola County, 11 thousand reported
DOUGLAS — gas, Hopewell Operating, Inc., Panola County, 11 thousand reported
WERNER, LOUIS SAWMILL CO. — oil, Sonat Exploration Company -Tyler, Panola County, 11 thousand reported
PANOLA DEVEL. CO. UNIT 4 — gas, Glassell, Alfred C., JR., Panola County, 11 thousand reported
WEINER UNIT — gas, Graward Operating, Inc., Panola County, 11 thousand reported
WERNER-CARAWAY SL — gas, Samson Lone Star, LLC, Panola County, 11 thousand reported
CGU 18 — gas, Union Pacific Resources Company, Panola County, 11 thousand reported
PARKER-CARROLL — gas, Bowles Energy, Inc., Panola County, 11 thousand reported
CGU 4 — gas, Union Pacific Resources Company, Panola County, 11 thousand reported
JORDAN A — oil, Garrison Operating, L.L.C., Panola County, 11 thousand reported
NEAL — gas, Sheridan Production Co III, LLC, Panola County, 11 thousand reported
WERNER, LOUIS SAW MILL CO. — gas, Pennzenergy Exp. & Prod., L.L.C., Panola County, 10 thousand reported
WERNER, L. SAWMILL CO. D UNIT — gas, Pennzoil Exploration & Prod. Co., Panola County, 10 thousand reported
MOORE UNIT — gas, Pennzenergy Exp. & Prod., L.L.C., Panola County, 10 thousand reported
THOMAS, CHARLES — gas, Arkla Exploration Co., Panola County, 10 thousand reported
DAVIS, VERA M. — oil, Rodessa Management, Inc., Panola County, 10 thousand reported
BRADY, J. R. — gas, Rodessa Management, Inc., Panola County, 10 thousand reported
REEVES A SL — gas, Samson Lone Star, LLC, Panola County, 10 thousand reported
SEALEY, J.J. OU 1 — oil, Exxon Corp., Panola County, 10 thousand reported
KELLER, CLAUDIA GAS UNIT — gas, Sonat Exploration Company -Tyler, Panola County, 10 thousand reported
ADAMS, T. C. NCT-1 — gas, Chevron U. S. A. Inc., Panola County, 10 thousand reported
BURTON ESTATE — oil, Samson Lone Star LP, Panola County, 10 thousand reported
NORTH DEBERRY SWD — gas, Petroleum Production MGMT., Inc., Panola County, 10 thousand reported
ADAMS, T. C NCT-1 — gas, Texaco E & P Inc., Panola County, 10 thousand reported
CARTER ESTATE 1 — gas, Williams, Clayton Energy, Inc., Panola County, 10 thousand reported
ADAMS, T. C. — gas, Pennzenergy Exp. & Prod., L.L.C., Panola County, 10 thousand reported
MAY SEALEY UNIT — oil, Chevron U. S. A. Inc., Panola County, 10 thousand reported
SOUTHLAND PAPER — gas, Sheridan Production Co III, LLC, Panola County, 10 thousand reported
AGURS, W.C. — oil, Hopewell Operating, Inc., Panola County, 10 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.