Oil and gas leases in Panola County — page 44

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 44 of 47

WALLACE UNIT — gas, Texaco E & P Inc., Panola County, 10 thousand reported
WALTON, WILLIAM H. GU — gas, Indigo Minerals LLC, Panola County, 10 thousand reported
SEMPRA ENERGY — gas, Classic Operating Co. LLC, Panola County, 10 thousand reported
PARKER NO. 1 OIL UNIT — oil, Eog Resources, Inc., Panola County, 10 thousand reported
BRASSELL — oil, Panola County, 10 thousand reported
J.F. HANCOCK UNIT — gas, Union Pacific Resources Company, Panola County, 10 thousand reported
FRANCIS, VELMA — oil, Texaco E & P Inc., Panola County, 10 thousand reported
CRNKO-BIGGS SL — gas, Samson Lone Star, LLC, Panola County, 10 thousand reported
GULLEY, M. E. — oil, Fina Oil & Chemical Company, Panola County, 10 thousand reported
CARTHAGE GAS UNIT 17 — gas, Valence Operating Company, Panola County, 10 thousand reported
CGU 6 — oil, TGNR East Texas LLC, Panola County, 10 thousand reported
BROWN, J.C. "B" — gas, Xto Energy Inc., Panola County, 10 thousand reported
JOHNSON — gas, Sonat Exploration Company -Tyler, Panola County, 10 thousand reported
ROBERTS OIL UNIT — oil, Peoples Energy Prod.-TX, L.P., Panola County, 10 thousand reported
WERNER-CLARENCE — gas, Texaco E & P Inc., Panola County, 9 thousand reported
BRUMBLE, G. W. NCT-1 — gas, Chevron U. S. A. Inc., Panola County, 9 thousand reported
FITE UNIT — gas, Devon Energy Production Co, L.P., Panola County, 9 thousand reported
KNIGHT "C" — gas, Phillips Petroleum Company, Panola County, 9 thousand reported
LILLY UNIT — gas, Devon Energy Production Co, L.P., Panola County, 9 thousand reported
CARTHAGE GAS UNIT — gas, Enron Oil & Gas Company, Panola County, 9 thousand reported
WERNER-WATKINS — oil, Texaco E & P Inc., Panola County, 9 thousand reported
HANCOCK, J.F. UNIT — gas, Anadarko E&P Company LP, Panola County, 9 thousand reported
GRIFFITH — gas, Buffco Production Inc., Panola County, 9 thousand reported
HANCOCK UNIT — gas, Pennzoil Exploration & Prod. Co., Panola County, 9 thousand reported
PANOLA 2 UNIT — gas, Tanos Exploration II, LLC, Panola County, 9 thousand reported
REEVES-GIBBS -A- — oil, Texaco E & P Inc., Panola County, 9 thousand reported
BLACK, VERA — oil, El Paso Production Company, Panola County, 9 thousand reported
WIENER — gas, Pecos Petroleum Company, Panola County, 9 thousand reported
COTTLE-REEVES UNIT — gas, Cci East Texas Upstream LLC, Panola County, 9 thousand reported
WERNER, LOUIS, -J- — oil, Jeems Bayou Production Corp., Panola County, 9 thousand reported
DAVIS, A. L. — oil, Sheridan Production Co III, LLC, Panola County, 9 thousand reported
JORDAN — oil, Lacy, R., Inc., Panola County, 9 thousand reported
FROST - TENAHA GAS UNIT — gas, Classic Operating Co. LLC, Panola County, 9 thousand reported
FURRH GAS UNIT — oil, Stroud Energy, Ltd., Panola County, 9 thousand reported
ASHTON 2 UNIT — gas, Tanos Exploration II, LLC, Panola County, 9 thousand reported
WERNER-SHAW — gas, Texaco E & P Inc., Panola County, 9 thousand reported
KYLE, FRED "A" UNIT — gas, Rme Petroleum Company, Panola County, 9 thousand reported
MAURITZEN — gas, Fortson Oil Company, Panola County, 9 thousand reported
LUCY DONOVAN ET AL UNIT — oil, Union Pacific Resources Company, Panola County, 8 thousand reported
KIRBY, AMBER — gas, Harleton Oil & Gas Inc., Panola County, 8 thousand reported
DUNAWAY GAS UNIT — gas, Harleton Oil & Gas Inc., Panola County, 8 thousand reported
FITE UNIT — gas, Devon Energy Production Co, L.P., Panola County, 8 thousand reported
YOUNGBLOOD-ROE UNIT — gas, Devon Energy Production Co, L.P., Panola County, 8 thousand reported
CGU 19 — gas, Union Pacific Resources Company, Panola County, 8 thousand reported
POWELL A2 — gas, Chevron U. S. A. Inc., Panola County, 8 thousand reported
DUDLEY — oil, Big Run Production Company, Panola County, 8 thousand reported
JERNIGAN, R. A. — oil, Par Minerals Corporation, Panola County, 8 thousand reported
SEALEY G.U. — gas, Goodrich Petroleum Company, Panola County, 8 thousand reported
STEELE, CORRIE UNIT — gas, Devon Energy Production Co, L.P., Panola County, 8 thousand reported
BOX-GRUBENMAN — gas, Conquest Energy, Inc., Panola County, 8 thousand reported
SMITH, ELLA UNIT 1 — gas, Lacy, R., Inc., Panola County, 8 thousand reported
PIRKLE, L. N. — oil, Union Pacific Resources Company, Panola County, 8 thousand reported
WHITAKER, H. UNIT — oil, Phillips, Jack L., Panola County, 8 thousand reported
MOORE UNIT — gas, Pennzenergy Exp. & Prod., L.L.C., Panola County, 8 thousand reported
C. I. BELL GAS UNIT NO. 1 — oil, CRD Operating, LLC, Panola County, 8 thousand reported
MORGAN UNIT — oil, Pennzenergy Exp. & Prod., L.L.C., Panola County, 8 thousand reported
P.A. LENTZ UNIT — oil, Union Pacific Resources Company, Panola County, 8 thousand reported
MEYERS — oil, Goodwill, G. R., Panola County, 8 thousand reported
BURNETT UNIT 9 — gas, R. Lacy Services, Ltd., Panola County, 8 thousand reported
C. I. BELL GAS UNIT NO. 1 — oil, CRD Operating, LLC, Panola County, 8 thousand reported
HARRISON — gas, Brammer Petroleum, Inc., Panola County, 8 thousand reported
TROSPER UNIT — gas, Devon Energy Production Co, L.P., Panola County, 8 thousand reported
WERNER-GOODSON UNIT — gas, Texaco E & P Inc., Panola County, 8 thousand reported
MENEFEE, R. C. — gas, Samson Resources Company, Panola County, 8 thousand reported
WERNER GENEVA — gas, Harleton Oil & Gas Inc., Panola County, 8 thousand reported
REYNOLDS — oil, Goodwill, G. R., Panola County, 8 thousand reported
FITE UNIT — gas, Sheridan Production Co III, LLC, Panola County, 8 thousand reported
CHRISTIAN — gas, Goodrich Oil Company, Panola County, 8 thousand reported
YOUNGBLOOD-ROE UNIT — gas, Pennzenergy Exp. & Prod., L.L.C., Panola County, 8 thousand reported
HUDSON-JOHNSON UNIT — gas, Devon Energy Production Co, L.P., Panola County, 8 thousand reported
HARRIS — oil, Sonat Exploration Company -Tyler, Panola County, 8 thousand reported
KYLE, J.R. "A" — gas, Rme Petroleum Company, Panola County, 8 thousand reported
SHADY GROVE BAPTIST CHURCH GU — gas, Phillips, Jack L. Co., Panola County, 8 thousand reported
CRENSHAW, BETTY, MRS., ET AL — oil, Shelby, Michael H., Panola County, 7 thousand reported
CARTHAGE UNIT — gas, Erso, Inc., Panola County, 7 thousand reported
WOOLWORTH, J.D. — oil, Hopewell Operating, Inc., Panola County, 7 thousand reported
DOCK CHADWICK — oil, Rme Petroleum Company, Panola County, 7 thousand reported
LATHAM ESTATE — oil, Spartan Operating Company, Inc., Panola County, 7 thousand reported
MOORE, LOUISA — oil, Burk Royalty Company, Panola County, 7 thousand reported
BLOUNT — gas, Sonat Exploration Company -Tyler, Panola County, 7 thousand reported
HOWE — gas, CRD Operating, LLC, Panola County, 7 thousand reported
CARTHAGE GAS UNIT — gas, Enron Oil & Gas Company, Panola County, 7 thousand reported
WERNER -H- GU — gas, Texaco E & P Inc., Panola County, 7 thousand reported
HULL -A- — oil, Pennzoil Exploration & Prod. Co., Panola County, 7 thousand reported
CAVIN FEE — oil, Siroco Operating Co., Inc., Panola County, 7 thousand reported
ALLISON UNIT — gas, Sheridan Production Co III, LLC, Panola County, 7 thousand reported
REED — oil, Strand Energy, L.C., Panola County, 7 thousand reported
HOLDER, CLAUD — oil, Phillips, Jack L. Co., Panola County, 7 thousand reported
VICE-SHIVERS — gas, Danmark Energy Services, Inc., Panola County, 7 thousand reported
GHOLSTON, J.S. — gas, Exxon Corp., Panola County, 7 thousand reported
BURNETT — gas, Winchester Production Company, Panola County, 7 thousand reported
BURNETT BROS. /UNIT 2/ — gas, Amoco Production Company, Panola County, 7 thousand reported
CALDWELL, ET AL — oil, Revilo Exploration, Inc., Panola County, 7 thousand reported
ALLISON, THOMAS — gas, Xto Energy Inc., Panola County, 7 thousand reported
LAGRANE, T. S. — gas, Texaco E & P Inc., Panola County, 7 thousand reported
WERNER-LAGRONE — gas, Chevron U. S. A. Inc., Panola County, 7 thousand reported
WOOLWORTH — oil, Hopewell Operating, Inc., Panola County, 7 thousand reported
HUDSON, NELL — gas, Seagull Energy E&P Inc., Panola County, 7 thousand reported
DUNAWAY UNIT — gas, Glassell, Alfred C., JR., Panola County, 7 thousand reported
JERNIGAN, R.A. — gas, Par Minerals Corporation, Panola County, 7 thousand reported
METCALF — gas, Sonat Exploration Company -Tyler, Panola County, 7 thousand reported
FENDER, H. R. — gas, Sheridan Production Company, LLC, Panola County, 7 thousand reported
BROWN, MARTIN — gas, Burk Royalty Company, Panola County, 7 thousand reported
JORDAN OIL UNIT — oil, Texaco E & P Inc., Panola County, 7 thousand reported
DOUGLAS — oil, Revilo Exploration, Inc., Panola County, 7 thousand reported
BLACK UNIT — oil, Sheridan Production Company, LLC, Panola County, 7 thousand reported
ROSS, HETTIE M. — oil, Union Pacific Resources Company, Panola County, 7 thousand reported
ROBERSON, JOE — oil, Hunt Petroleum Corporation, Panola County, 7 thousand reported
SMITH-BIRD OIL UNIT — oil, Devon Energy Production Co, L.P., Panola County, 7 thousand reported
LONGINO — oil, Lacy, R., Inc., Panola County, 6 thousand reported
REAL — gas, Rippy Oil Company, Panola County, 6 thousand reported
SEALEY, J. J. — oil, Xto Energy Inc., Panola County, 6 thousand reported
BOUNDS, ELLA — gas, Glassell, Alfred C., JR., Panola County, 6 thousand reported
WILLIAMS, T.B. GAS UNIT — gas, Anadarko E&P Company LP, Panola County, 6 thousand reported
CARAWAY-ASH — oil, Big Run Production Company, Panola County, 6 thousand reported
BRUMBLE UNIT — gas, Pennzenergy Exp. & Prod., L.L.C., Panola County, 6 thousand reported
ALLISON UNIT — gas, Pennzenergy Exp. & Prod., L.L.C., Panola County, 6 thousand reported
SHARP-SMITH UNIT — gas, Chevron U. S. A. Inc., Panola County, 6 thousand reported
CARTHAGE GAS UNIT 15 — gas, Amoco Production Company, Panola County, 6 thousand reported
PANOLA 2 UNIT — gas, Tanos Exploration II, LLC, Panola County, 6 thousand reported
ROGERS, PAUL P. — gas, Samson Lone Star LP, Panola County, 6 thousand reported
ADAMS, T. C. — gas, Sonat Exploration Company -Tyler, Panola County, 6 thousand reported
WHITAKER UNIT — gas, Devon Energy Production Co, L.P., Panola County, 6 thousand reported
WERNER-BOOKER — oil, Texaco E & P Inc., Panola County, 6 thousand reported
JANUARY — oil, Castle Exploration Company, Inc, Panola County, 6 thousand reported
DENNARD, R. L. — oil, Valence Operating Company, Panola County, 6 thousand reported
FOWLER, BETTY — oil, Rodessa Management, Inc., Panola County, 6 thousand reported
CARTHAGE GAS UNIT — gas, Enron Oil & Gas Company, Panola County, 6 thousand reported
FURRH, J. D., ET AL UNIT 1 — gas, Samson Resources Company, Panola County, 6 thousand reported
TILLERY -B- — oil, Jeems Bayou Production Corp., Panola County, 6 thousand reported
ANTIOCH BAPTIST CHURCH — oil, Falco S & D, Inc., Panola County, 6 thousand reported
HOLLAND — gas, Buffco Production Inc., Panola County, 6 thousand reported
SHIVERS-PEEPLES -A- — oil, Texaco E & P Inc., Panola County, 6 thousand reported
ALLISON OIL UNIT — oil, Union Pacific Resources Company, Panola County, 6 thousand reported
WOODALL UNIT — gas, Texaco E & P Inc., Panola County, 6 thousand reported
CHANDLER HEIRS — oil, Sonat Exploration Company -Tyler, Panola County, 6 thousand reported
WERNER-CARRINGTON — gas, Texaco E & P Inc., Panola County, 6 thousand reported
HUDSON-JOHNSON UNIT — oil, Devon Energy Production Co, L.P., Panola County, 6 thousand reported
MATTHEWS-PEEPLES — oil, Lacy, R., Inc., Panola County, 6 thousand reported
PIRKLE, L.H. — oil, Exxon Mobil Corporation, Panola County, 6 thousand reported
CHADWICK, J.M. (GU2) — oil, Exxon Corp., Panola County, 6 thousand reported
THOMPSON UNIT — gas, Sheridan Production Co III, LLC, Panola County, 6 thousand reported
CGU 14 — gas, Union Pacific Resources Company, Panola County, 6 thousand reported
JERNIGAN-EVANS — oil, Kabco Oil & Gas Company, Panola County, 6 thousand reported
CHADWICK UNIT — gas, Devon Energy Production Co, L.P., Panola County, 6 thousand reported
GEORGE, E. N. — oil, Phillips, Jack L., Panola County, 6 thousand reported
COLLINS UNIT — gas, Pennzoil Exploration & Prod. Co., Panola County, 5 thousand reported
BOWEN — gas, Fredonia Resources Inc., Panola County, 5 thousand reported
M. E. GULLEY OIL UNIT — oil, Devon Energy Production Co, L.P., Panola County, 5 thousand reported
SUMMERS — gas, M. E. Operating & Services, Inc., Panola County, 5 thousand reported
SOAPE, C. P. — oil, Seagull Energy E&P Inc., Panola County, 5 thousand reported
ALLISON UNIT — gas, Devon Energy Production Co, L.P., Panola County, 5 thousand reported
STERRETT — oil, Valence Operating Company, Panola County, 5 thousand reported
DILLARD, SAM — oil, Union Pacific Resources Company, Panola County, 5 thousand reported
FITE UNIT — gas, Devon Energy Production Co, L.P., Panola County, 5 thousand reported
WERNER-CARAWAY — gas, Big Run Production Company, Panola County, 5 thousand reported
ROBERTS & DEVLIN — oil, Siroco Operating Co., Inc., Panola County, 5 thousand reported
A. W. HARRISON OIL UNIT — oil, Union Pacific Resources Company, Panola County, 5 thousand reported
JOHNSON, E. UNIT — gas, Roberts & Murphy, Inc., Panola County, 5 thousand reported
HUDSON-JOHNSON UNIT — oil, Pennzenergy Exp. & Prod., L.L.C., Panola County, 5 thousand reported
THOMPSON UNIT — gas, Devon Energy Production Co, L.P., Panola County, 5 thousand reported
POWELL "A2" UNIT — gas, Chevron U. S. A. Inc., Panola County, 5 thousand reported
REED ESTATE UNIT — gas, Indigo Minerals LLC, Panola County, 5 thousand reported
CRAWFORD ESTATE OIL UNIT — oil, Sunwest Operating Company L.L.C., Panola County, 5 thousand reported
WALLACE UNIT — gas, Chevron U. S. A. Inc., Panola County, 5 thousand reported
BOLES, A. M., GAS UNIT — gas, BP America Production Company, Panola County, 5 thousand reported
WOOLWORTH GAS UNIT — gas, Devon Energy Production Co, L.P., Panola County, 5 thousand reported
HUDSON-JOHNSON UNIT — gas, Pennzenergy Exp. & Prod., L.L.C., Panola County, 5 thousand reported
CHADWICK UNIT — gas, Pennzoil Exploration & Prod. Co., Panola County, 5 thousand reported
BURNETT UNIT 9 — gas, Lacy Operations, Ltd., Panola County, 5 thousand reported
HULL UNIT A — gas, Devon Energy Production Co, L.P., Panola County, 5 thousand reported
CARTER — oil, Strand Energy, L.C., Panola County, 5 thousand reported
KANGAROO GAS UNIT 16 — gas, Cci East Texas Upstream LLC, Panola County, 5 thousand reported
GREER, T. A. — gas, Samson Resources Company, Panola County, 5 thousand reported
BARBARA WEDGEWORTH — oil, Ac Exploration, LLC, Panola County, 5 thousand reported
CARTHAGE GAS UNIT — gas, Eog Resources, Inc., Panola County, 5 thousand reported
JOHNSON, E. — oil, Roberts & Murphy, Inc., Panola County, 5 thousand reported
HOLLAND — oil, Buffco Production Inc., Panola County, 5 thousand reported
HARRIS-HARDIN — gas, Texaco E & P Inc., Panola County, 5 thousand reported
WHITAKER — gas, Grigsby, Jack W., Panola County, 5 thousand reported
JONES, ELSIE — gas, Exxon Corp., Panola County, 5 thousand reported
ROQUEMORE GU — gas, Kabco Oil & Gas Company, Panola County, 5 thousand reported
SEALY, JIM — oil, First Texas Exploration Corp., Panola County, 5 thousand reported
BRIGGS-MORELAND GU — gas, Sonat Exploration Company -Tyler, Panola County, 5 thousand reported
CRUMP GAS UNIT — oil, Burk Royalty Company, Panola County, 4 thousand reported
STERRETT — gas, Valence Operating Company, Panola County, 4 thousand reported
CARTHAGE GAS UNIT — gas, Enron Oil & Gas Company, Panola County, 4 thousand reported
LISTON, W. L. — gas, Sonat Exploration Company -Tyler, Panola County, 4 thousand reported
PORTER, RICHARD UNIT — gas, Sonat Exploration Company -Tyler, Panola County, 4 thousand reported
HOUSE -A- — oil, Texaco E & P Inc., Panola County, 4 thousand reported
KYLE, FRED GAS UNIT — gas, Anadarko E&P Company LP, Panola County, 4 thousand reported
JERNIGAN, MATTIE — gas, Sheridan Production Co III, LLC, Panola County, 4 thousand reported
FROST -B- — gas, Texaco E & P Inc., Panola County, 4 thousand reported
TILLER — oil, Samson Lone Star LP, Panola County, 4 thousand reported
WERNER "D" — gas, Chevron U. S. A. Inc., Panola County, 4 thousand reported
CARTHAGE GAS UNIT 110 — gas, Ocean Energy, Inc., Panola County, 4 thousand reported
SMITH A — gas, M. E. Operating & Services, Inc., Panola County, 4 thousand reported
ROBINSON, ROSCOE — gas, Big Run Production Company, Panola County, 4 thousand reported
CRENSHAW, BETTIE — gas, Texaco E & P Inc., Panola County, 4 thousand reported
MCJIMSEY GAS UNIT — oil, Stroud Energy, Ltd., Panola County, 4 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.