Oil and gas leases in Panola County — page 45

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 45 of 47

LANGFORD, J.E. — oil, Exxon Corp., Panola County, 4 thousand reported
HICKEY, E. B. UNIT — gas, Reynolds Drilling Co., Inc., Panola County, 4 thousand reported
NAIL -B- — gas, Eog Resources, Inc., Panola County, 4 thousand reported
BIRD, J. W. UNIT — oil, Union Pacific Resources Company, Panola County, 4 thousand reported
SAWMILL, WERNER — oil, Apache Corporation, Panola County, 4 thousand reported
JANUARY — gas, Strand Energy, L.C., Panola County, 4 thousand reported
CGU 12 — gas, TGNR East Texas LLC, Panola County, 4 thousand reported
SMITH, M. H. — gas, TGNR East Texas LLC, Panola County, 4 thousand reported
VIRGINIA TODD UNIT — oil, Ac Exploration, LLC, Panola County, 4 thousand reported
CARTHAGE GAS UNIT 10 — gas, Amoco Production Company, Panola County, 4 thousand reported
CGU 5 — gas, Union Pacific Resources Company, Panola County, 4 thousand reported
LILLY UNIT — gas, Devon Energy Production Co, L.P., Panola County, 4 thousand reported
DUNAWAY G.U. — gas, Glassell Producing Company, Inc., Panola County, 4 thousand reported
CAUDLE, DAHLIA O. UNIT #2 — gas, Union Pacific Resources Company, Panola County, 4 thousand reported
HALL, A. F., EST. — oil, Falco S & D, Inc., Panola County, 4 thousand reported
YOUNG, KATHY — oil, Big Run Production Company, Panola County, 4 thousand reported
KELLAR, C. — gas, Sonat Exploration Company -Tyler, Panola County, 4 thousand reported
ITASCA-BROOKS ET AL — oil, First Texas Exploration Corp., Panola County, 4 thousand reported
FROST LUMBER CO. (SPRR) UNIT 1 — gas, Anadarko E&P Onshore LLC, Panola County, 4 thousand reported
WERNER SAWMILL — oil, Devon Louisiana Corporation, Panola County, 4 thousand reported
SCHULZE — gas, Winchester Production Company, Panola County, 4 thousand reported
BOUNDS, JOHN — gas, Texaco E & P Inc., Panola County, 4 thousand reported
TILLER-CRENSHAW — oil, Siroco Operating Co., Inc., Panola County, 4 thousand reported
BRITTON GAS UNIT — oil, Graward Operating, Inc., Panola County, 4 thousand reported
ALLISON, THOMAS — oil, Wilson - Owens Production Co., Panola County, 4 thousand reported
S. L. HOLMES OIL UNIT 1 — oil, Exxon Corp., Panola County, 4 thousand reported
HULL UNIT A — gas, Devon Energy Production Co, L.P., Panola County, 4 thousand reported
JERNIGAN, LILLIAN ET AL — oil, Hopewell Operating, Inc., Panola County, 4 thousand reported
ADAMS -B- — oil, Jeems Bayou Production Corp., Panola County, 4 thousand reported
FURRH 'B' — oil, Sonat Exploration Company -Tyler, Panola County, 4 thousand reported
BLACK UNIT — oil, Sheridan Production Co III, LLC, Panola County, 4 thousand reported
HOLMES, S. L. — gas, Exxon Corp., Panola County, 4 thousand reported
CAUDLE, DAHLIA O. UNIT SWD — gas, Union Pacific Resources Company, Panola County, 4 thousand reported
HAYGOOD, LOIS — gas, Sheridan Production Co III, LLC, Panola County, 4 thousand reported
SHIVERS GAS UNIT — gas, Anadarko E&P Company LP, Panola County, 4 thousand reported
G.T. ALLISON — oil, Vastar Resources, Inc., Panola County, 4 thousand reported
PIRKLE, L. H. OIL UNIT 1 — oil, Xto Energy Inc., Panola County, 4 thousand reported
POWERS, BILL — gas, Indigo Minerals LLC, Panola County, 3 thousand reported
UNIT 36 — gas, Union Pacific Resources Company, Panola County, 3 thousand reported
A. C. SOAPE OIL UNIT — oil, Vastar Resources, Inc., Panola County, 3 thousand reported
HOLLAND UNIT — oil, Union Pacific Resources Company, Panola County, 3 thousand reported
JERNIGAN "A" UNIT — gas, Pennzoil Exploration & Prod. Co., Panola County, 3 thousand reported
PAYNE — oil, Sonat Exploration Company -Tyler, Panola County, 3 thousand reported
CHADWICK UNIT — gas, Pennzoil Exploration & Prod. Co., Panola County, 3 thousand reported
WERNER-GOODSON — gas, Chevron U. S. A. Inc., Panola County, 3 thousand reported
LILLY SWD — gas, Pennzoil Exploration & Prod. Co., Panola County, 3 thousand reported
CGU 31 — oil, Cci East Texas Upstream LLC, Panola County, 3 thousand reported
PRUITT — gas, Buffco Production Inc., Panola County, 3 thousand reported
ANDERSON, W.G. — oil, Chevron U. S. A. Inc., Panola County, 3 thousand reported
WERNER-THOMPSON — gas, Chevron U. S. A. Inc., Panola County, 3 thousand reported
CARTHAGE UNIT — gas, Enron Oil & Gas Company, Panola County, 3 thousand reported
GENA WILLIAMSON — gas, Harleton Oil & Gas Inc., Panola County, 3 thousand reported
WERNER-SPRADLEY — gas, Chevron U. S. A. Inc., Panola County, 3 thousand reported
REEVES 'A' SL — gas, Samson Lone Star, LLC, Panola County, 3 thousand reported
WALLACE UNIT — gas, Pennzenergy Exp. & Prod., L.L.C., Panola County, 3 thousand reported
P. HOLMES OIL UNIT — oil, Anadarko E&P Company LP, Panola County, 3 thousand reported
BRUMBLE — oil, Shelby, Michael H., Panola County, 3 thousand reported
DOBBINS GU — oil, Patara Oil & Gas LLC, Panola County, 3 thousand reported
TIMBERSTAR — oil, Preston Exploration LLC, Panola County, 3 thousand reported
WILLIAMS-INGRAM — gas, Arkla Exploration Co., Panola County, 3 thousand reported
OWENS, A.H. O.U. NO. 1 — oil, Exxon Corp., Panola County, 3 thousand reported
KEELING FAMILY GAS UNIT 1 — gas, Enduring Resources, LLC, Panola County, 3 thousand reported
DOBBINS GU — gas, Slant Operating, LLC, Panola County, 3 thousand reported
BESS SMITH BRODERICK GU 2 — gas, Exxon Mobil Corporation, Panola County, 3 thousand reported
G. C. FLEMING UNIT — oil, Anadarko E&P Company LP, Panola County, 3 thousand reported
JOHNSON, ROBERT — gas, Andrew Alan Exploration, Inc., Panola County, 3 thousand reported
TAYLOR, C. P., ET AL — oil, Glassell, Alfred C., JR., Panola County, 3 thousand reported
WEEKS B — oil, Costilla Energy, Inc., Panola County, 3 thousand reported
KNIGHT, L.G. — gas, Forest Oil Corporation, Panola County, 3 thousand reported
CARTHAGE GAS UNIT 15 — gas, BP America Production Company, Panola County, 3 thousand reported
INTERNATIONAL PAPER — oil, Samson Lone Star LP, Panola County, 3 thousand reported
SEALEY, JIM G. — oil, First Texas Exploration Corp., Panola County, 3 thousand reported
FOWLER, BETTY — gas, Conquest Energy, Inc., Panola County, 3 thousand reported
CHADWICK OU 1 — oil, Exxon Corp., Panola County, 3 thousand reported
MCDANIEL, J. A. — gas, Union Pacific Resources Company, Panola County, 3 thousand reported
BRIGGS GAS UNIT — gas, Remuda Operating Company, Panola County, 3 thousand reported
FITE, ELLIS — oil, Union Pacific Resources Company, Panola County, 3 thousand reported
CALLOW 2 UNIT — gas, Phillips Petroleum Company, Panola County, 3 thousand reported
AKIN GAS UNIT — gas, Enduring Resources, LLC, Panola County, 3 thousand reported
ROQUEMORE — gas, Westland Oil Development Corp., Panola County, 3 thousand reported
POWERS, BILL — oil, Phillips, Jack L., Panola County, 3 thousand reported
ALLISON OIL UNIT — oil, Devon Energy Production Co, L.P., Panola County, 3 thousand reported
WEDGEWORTH, JOE — oil, Devon Energy Production Co, L.P., Panola County, 3 thousand reported
THOMPSON — oil, Pennzoil Exploration & Prod. Co., Panola County, 3 thousand reported
HULL UNIT A — gas, Devon Energy Production Co, L.P., Panola County, 3 thousand reported
KYLE, J.R. "A" — gas, Union Pacific Resources Company, Panola County, 3 thousand reported
STANFORD, C. W. — oil, Texaco E & P Inc., Panola County, 3 thousand reported
BARNETT UNIT — gas, Texaco E & P Inc., Panola County, 3 thousand reported
CAPPS GAS UNIT — gas, Sheridan Production Company, LLC, Panola County, 3 thousand reported
WERNER-CARAWAY — gas, Samson Lone Star, LLC, Panola County, 3 thousand reported
HARRIS, S.S. "A" — oil, Chevron U. S. A. Inc., Panola County, 3 thousand reported
KYLE, FRED "A" UNIT — gas, Union Pacific Resources Company, Panola County, 3 thousand reported
HORTON, MITTIE — oil, S M K Energy Corporation, Panola County, 3 thousand reported
ALEXANDER, O. W. — gas, Texaco E & P Inc., Panola County, 3 thousand reported
GENTRY, HAYS T. — gas, Siroco Operating Co., Inc., Panola County, 2 thousand reported
KYLE, FRED GAS UNIT — gas, Anadarko E&P Company LP, Panola County, 2 thousand reported
EDDY, EMMA UNIT — gas, Texaco E & P Inc., Panola County, 2 thousand reported
SMITH FARMS — gas, Cabot Oil & Gas Corporation, Panola County, 2 thousand reported
CARTHAGE GAS UNIT — gas, Enron Oil & Gas Company, Panola County, 2 thousand reported
BURNETT BROTHERS — gas, BP America Production Company, Panola County, 2 thousand reported
WELLS, M.W. — oil, Hopewell Operating, Inc., Panola County, 2 thousand reported
CUMMINGS — oil, Devon Louisiana Corporation, Panola County, 2 thousand reported
CARTHAGE OIL UNIT 9 — oil, Amoco Production Company, Panola County, 2 thousand reported
TILLER — gas, Rockcliff Energy Operating LLC, Panola County, 2 thousand reported
WESTMORELAND GU — gas, North Central Casing Pullers,Inc, Panola County, 2 thousand reported
SHIVERS OIL UNIT — oil, Sunwest Operating Company L.L.C., Panola County, 2 thousand reported
PIRKLE -C- — gas, Oxy USA Inc., Panola County, 2 thousand reported
HUDMAN, J. D. — oil, V.A.C. Petroleum, Inc., Panola County, 2 thousand reported
DAVIS, H. A. — gas, Sonat Exploration Company -Tyler, Panola County, 2 thousand reported
WILLEY, LOUIS — oil, Sonat Exploration Company -Tyler, Panola County, 2 thousand reported
GRIFFIN, LIZZIE ET AL — oil, Revilo Exploration, Inc., Panola County, 2 thousand reported
LAGRONE, T.S. UNIT — gas, Chevron U. S. A. Inc., Panola County, 2 thousand reported
BROWN, J. C. OIL UNIT 2 — oil, Exxon Corp., Panola County, 2 thousand reported
LATHAM 2 — oil, Spartan Operating Company, Inc., Panola County, 2 thousand reported
CAUDLE, DAHLIA O. UNIT #1 — gas, Union Pacific Resources Company, Panola County, 2 thousand reported
OWENS, NELLIE — gas, Xto Energy Inc., Panola County, 2 thousand reported
MANGHAM UNIT — oil, Devon Energy Production Co, L.P., Panola County, 2 thousand reported
PIRKLE, L. H. OIL UNIT 1 — oil, Xto Energy Inc., Panola County, 2 thousand reported
SMITH ESTATE — gas, Rodessa Management, Inc., Panola County, 2 thousand reported
WOOLWORTH, J.D. — oil, Hopewell Operating, Inc., Panola County, 2 thousand reported
PORTER, RICHARD UNIT — gas, Sonat Exploration Company -Tyler, Panola County, 2 thousand reported
SCOTT — oil, Goodwill, G. R., Panola County, 2 thousand reported
HOUSE, W. F. GU — gas, Texaco E & P Inc., Panola County, 2 thousand reported
CARTHAGE GAS UNIT 11 — gas, BP America Production Company, Panola County, 2 thousand reported
LANGSTON "A" — oil, Reynolds Drilling Co., Inc., Panola County, 2 thousand reported
HOFFMAN TRUST — oil, Union Pacific Resources Company, Panola County, 2 thousand reported
PANOLA DEVELOPMENT CO. — gas, Glassell Producing Company, Inc., Panola County, 2 thousand reported
HUDSON — oil, Goodwill, G. R., Panola County, 2 thousand reported
WOOLWORTH -B- — gas, Richey Operating, Inc., Panola County, 2 thousand reported
COTTLE-REEVES UNIT — gas, Rme Petroleum Company, Panola County, 2 thousand reported
LAWLWSS UNIT — oil, Fina Oil & Chemical Company, Panola County, 2 thousand reported
ROBERSON, JOE — gas, Xto Energy Inc., Panola County, 2 thousand reported
MOORE, TOM — oil, Burk Royalty Company, Panola County, 2 thousand reported
BOWEN 1-1 — oil, Fredonia Resources Inc., Panola County, 2 thousand reported
CARTHAGE GAS UNIT 13 — gas, Amoco Production Company, Panola County, 2 thousand reported
ADAMS, T.C. GAS UNIT -A- — gas, Fina Oil & Chemical Company, Panola County, 2 thousand reported
HULL UNIT "A" — gas, Pennzoil Exploration & Prod. Co., Panola County, 2 thousand reported
BROWN, MARTIN — oil, Burk Royalty Company, Panola County, 2 thousand reported
MHS-CLINE — gas, Winchester Production Company, Panola County, 2 thousand reported
WERNER 'J' UNIT — gas, Harleton Oil & Gas Inc., Panola County, 2 thousand reported
FURRH ET AL — oil, Sonat Exploration Company -Tyler, Panola County, 2 thousand reported
NEAL, JOHN S. GAS UNIT — gas, Cci East Texas Upstream LLC, Panola County, 2 thousand reported
SMITH — gas, M. E. Operating & Services, Inc., Panola County, 2 thousand reported
DEASON, J. F. — oil, Arlen Corporation, Panola County, 2 thousand reported
CAVIN UNIT — gas, Devon Energy Production Co, L.P., Panola County, 2 thousand reported
LA GRONE-BROTHERS — oil, Texaco E & P Inc., Panola County, 2 thousand reported
DOUGLAS, E., ET AL — oil, Revilo Exploration, Inc., Panola County, 2 thousand reported
WHITE, WERNER — oil, Harleton Oil & Gas Inc., Panola County, 2 thousand reported
WERNER-LEFOY — gas, Texaco E & P Inc., Panola County, 2 thousand reported
UNITED GAS PUBLIC SERVICE CO. — oil, Holcomb, Don W., Panola County, 2 thousand reported
WERNER 'J' — gas, Harleton Oil & Gas Inc., Panola County, 2 thousand reported
MARTIN-TUTTLE GAS UNIT — oil, Goodrich Petroleum Company, Panola County, 2 thousand reported
BARRON — oil, Lacy, R., Inc., Panola County, 2 thousand reported
LONGINO, ET AL UNIT — gas, R. Lacy Services, Ltd., Panola County, 2 thousand reported
MILLER — gas, Enduring Resources, LLC, Panola County, 2 thousand reported
GREENE — oil, M. E. Operating & Services, Inc., Panola County, 2 thousand reported
G.C. FLEMING 1904C — oil, Union Pacific Resources Company, Panola County, 2 thousand reported
HOLCOMBE, LECTA 2 — oil, Sonat Exploration Company -Tyler, Panola County, 2 thousand reported
WEEKS B — oil, Costilla Energy, Inc., Panola County, 2 thousand reported
BOURN — gas, Samson Lone Star, LLC, Panola County, 2 thousand reported
HULL OIL UNIT A — oil, Devon Energy Production Co, L.P., Panola County, 2 thousand reported
ADAMS -A- — gas, Texaco E & P Inc., Panola County, 2 thousand reported
COPELAND UNIT # 2 — oil, Smith, R. E. Interests, Inc., Panola County, 2 thousand reported
CARTHAGE GAS UNIT NO. 9 — gas, Amoco Production Company, Panola County, 2 thousand reported
IRONWOOD — oil, Enerquest Corporation, Panola County, 2 thousand reported
HUDSON -B- — oil, Pennzoil Exploration & Prod. Co., Panola County, 1 thousand reported
COLLINS — gas, Oxy USA Inc., Panola County, 1 thousand reported
BRADY ESTATE — oil, Ac Exploration, LLC, Panola County, 1 thousand reported
FITE UNIT — gas, Devon Energy Production Co, L.P., Panola County, 1 thousand reported
PEOPLES UNIT — oil, Union Pacific Resources Company, Panola County, 1 thousand reported
L. T. POSS UNIT — gas, Union Pacific Resources Company, Panola County, 1 thousand reported
BLACK OIL UNIT — oil, Devon Energy Production Co, L.P., Panola County, 1 thousand reported
DENNARD UNIT — gas, Pennzoil Exploration & Prod. Co., Panola County, 1 thousand reported
TUCKER, T. M., #1 — oil, Sonat Exploration Company -Tyler, Panola County, 1 thousand reported
WHITAKER UNIT — gas, Sheridan Production Co III, LLC, Panola County, 1 thousand reported
WERNER-LEWIN — oil, Chevron U. S. A. Inc., Panola County, 1 thousand reported
CARTHAGE GAS UNIT — gas, Eog Resources, Inc., Panola County, 1 thousand reported
THOMPSON UNIT — oil, Devon Energy Production Co, L.P., Panola County, 1 thousand reported
ADAMS, T.C. JR. ET AL UNIT #1 — gas, Total E&P USA, Inc., Panola County, 1 thousand reported
ROSS, J.T. CV GAS UNIT — gas, Chevron U. S. A. Inc., Panola County, 1 thousand reported
BRADFORD — gas, Graward Operating, Inc., Panola County, 1 thousand reported
BIRD G.W. GAS UNIT — gas, Glassell Producing Company, Inc., Panola County, 1 thousand reported
DEGAUGH, J. O. — oil, Sonat Exploration Company -Tyler, Panola County, 1 thousand reported
SAM DILLARD — oil, Anadarko E&P Company LP, Panola County, 1 thousand reported
DODD, RUBY UNIT — oil, R. Lacy Services, Ltd., Panola County, 1 thousand reported
HOLLAND, M. H. — oil, Union Pacific Resources Company, Panola County, 1 thousand reported
HOWARD — gas, SM Energy Company, Panola County, 1 thousand reported
BURNS, LIZZIE ET AL — gas, Chevron U. S. A. Inc., Panola County, 1 thousand reported
PAYNE — oil, Deep Rock Resources, Inc., Panola County, 1 thousand reported
METCALF, F — oil, Samson Lone Star, LLC, Panola County, 1 thousand reported
CGU 35 — gas, Union Pacific Resources Company, Panola County, 1 thousand reported
WOOLWORTH, J.D. — oil, Exxon Corp., Panola County, 1 thousand reported
HARRISON, J. A. — oil, Brammer Petroleum, Inc., Panola County, 1 thousand reported
PANOLA DEVELOPMENT COMPANY — oil, Glassell Producing Company, Inc., Panola County, 1 thousand reported
LAGRONE, T.S. — oil, Texaco E & P Inc., Panola County, 1 thousand reported
HEBERT — oil, Devon Energy Production Co, L.P., Panola County, 1 thousand reported
CGU 25 — gas, Anadarko E&P Onshore LLC, Panola County, 1 thousand reported
ADAMS -D- — oil, Jeems Bayou Production Corp., Panola County, 1 thousand reported
HULL A-21 UNIT — oil, Devon Energy Production Co, L.P., Panola County, 1 thousand reported
BROOKS, JOHN GU — oil, Goodrich Petroleum Company, Panola County, 1 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.