Oil and gas leases in Panola County — page 8

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 8 of 47

CGU 22 — gas, Union Pacific Resources Company, Panola County, 2.0 million reported
ALLISON, THOMAS GAS UNIT — gas, Xto Energy Inc., Panola County, 2.0 million reported
CGU 28 — gas, Union Pacific Resources Company, Panola County, 2.0 million reported
ASHTON 2 UNIT — gas, Phillips Petroleum Company, Panola County, 2.0 million reported
CGU 15 — gas, Union Pacific Resources Company, Panola County, 2.0 million reported
FLOYD GAS UNIT — gas, Fina Oil & Chemical Company, Panola County, 2.0 million reported
JONES, ELSIE — gas, Exxon Corp., Panola County, 2.0 million reported
CGU 21 — gas, Union Pacific Resources Company, Panola County, 2.0 million reported
TAYLOR SEALEY GAS UNIT — gas, KJ Energy, LLC, Panola County, 2.0 million reported
CGU 20 — gas, Union Pacific Resources Company, Panola County, 2.0 million reported
CGU 20 — gas, Union Pacific Resources Company, Panola County, 2.0 million reported
CGU 18 — gas, Anadarko E&P Company LP, Panola County, 2.0 million reported
MHS-WELLS — gas, Winchester Production Company, Panola County, 2.0 million reported
PIRKLE, L.H. "C" — gas, Exxon Corp., Panola County, 2.0 million reported
CGU 4 — gas, Union Pacific Resources Company, Panola County, 2.0 million reported
COLLINS UNIT — gas, Pennzoil Exploration & Prod. Co., Panola County, 2.0 million reported
EDDY, EMMA UNIT — gas, Texaco E & P Inc., Panola County, 2.0 million reported
PARKER UNIT NO. #3 — gas, Smith, R. E. Interests, Inc., Panola County, 2.0 million reported
MANGHAM UNIT — gas, Devon Energy Production Co, L.P., Panola County, 2.0 million reported
CGU 13 — gas, Union Pacific Resources Company, Panola County, 2.0 million reported
ALLISON UNIT — gas, Devon Energy Production Co, L.P., Panola County, 2.0 million reported
ROBERTS UNIT — gas, Pennzoil Exploration & Prod. Co., Panola County, 2.0 million reported
BRIGHTWELL — gas, Enron Oil & Gas Company, Panola County, 2.0 million reported
CGU 11 — gas, Union Pacific Resources Company, Panola County, 2.0 million reported
ROQUEMORE UNIT 1 — gas, Lacy, R., Inc., Panola County, 2.0 million reported
CGU 12 — gas, Union Pacific Resources Company, Panola County, 2.0 million reported
CAMERON UNIT 1 — gas, Lacy Operations, Ltd., Panola County, 2.0 million reported
WHITAKER UNIT — gas, Pennzoil Exploration & Prod. Co., Panola County, 2.0 million reported
ROBERTS UNIT — gas, Pennzoil Exploration & Prod. Co., Panola County, 2.0 million reported
CHADWICK UNIT — gas, Pennzoil Exploration & Prod. Co., Panola County, 2.0 million reported
FITE UNIT — gas, Pennzoil Exploration & Prod. Co., Panola County, 2.0 million reported
CARTHAGE GU 2 ROSS — gas, Exxon Corp., Panola County, 2.0 million reported
HICKS, O.B. GAS UNIT — gas, Vastar Resources, Inc., Panola County, 2.0 million reported
TAYLOR — gas, Slant Operating, LLC, Panola County, 2.0 million reported
DAVIS, VERA — gas, Vaughan Operating Company, LLC, Panola County, 2.0 million reported
MAURITZEN — gas, Devon Energy Production Co, L.P., Panola County, 2.0 million reported
THOMAS H — gas, Eog Resources, Inc., Panola County, 2.0 million reported
YOUNGBLOOD-ROE UNIT — gas, Pennzoil Exploration & Prod. Co., Panola County, 2.0 million reported
FITE UNIT — gas, Pennzoil Exploration & Prod. Co., Panola County, 2.0 million reported
BS BRODERICK G U 2 — gas, Exxon Mobil Corporation, Panola County, 2.0 million reported
CGU 9 — gas, Anadarko E&P Onshore LLC, Panola County, 2.0 million reported
MOORE UNIT — gas, Pennzoil Exploration & Prod. Co., Panola County, 2.0 million reported
KYLE, J. R. -A- — gas, Anadarko E&P Onshore LLC, Panola County, 2.0 million reported
CARTHAGE GAS UNIT 6A — gas, Amoco Production Company, Panola County, 2.0 million reported
SABINE ROYALTY ALO 4 — gas, Petroquest Energy, L.L.C., Panola County, 2.0 million reported
DAVIS, A. L. — gas, Seagull Mid-South, Inc., Panola County, 2.0 million reported
CGU 25 — gas, Union Pacific Resources Company, Panola County, 2.0 million reported
CGU 20 — gas, Anadarko E&P Company LP, Panola County, 2.0 million reported
DANIELS GAS UNIT — gas, Samson Resources Company, Panola County, 2.0 million reported
CHURCH-BOX-SHAW — gas, KJ Energy, LLC, Panola County, 2.0 million reported
WERNER, LOUIS — gas, Kerr-Mcgee Corporation, Panola County, 2.0 million reported
ROQUEMORE "F" — gas, Fina Oil & Chemical Company, Panola County, 2.0 million reported
CARTHAGE GAS UNIT — gas, Enron Oil & Gas Company, Panola County, 2.0 million reported
MCCAIN — gas, Sonat Exploration Company -Tyler, Panola County, 2.0 million reported
METCALF UNIT 1 — gas, Lacy, R., Inc., Panola County, 2.0 million reported
JERNIGAN, MATTIE — gas, Seagull Mid-South, Inc., Panola County, 2.0 million reported
HUDSON, NELL — gas, Devon Louisiana Corporation, Panola County, 2.0 million reported
HEBERT — gas, Devon Energy Production Co, L.P., Panola County, 2.0 million reported
PIRKLE, L. H. — gas, Exxon Corp., Panola County, 2.0 million reported
CGU 22 — gas, Anadarko E&P Company LP, Panola County, 2.0 million reported
HOUSE, W. F. UNIT — gas, Texaco E & P Inc., Panola County, 2.0 million reported
REED, W. M. — gas, Harleton Oil & Gas Inc., Panola County, 2.0 million reported
PARKER UNIT NO. 3 — gas, Eog Resources, Inc., Panola County, 2.0 million reported
BROWN, J.C. — gas, Exxon Mobil Corporation, Panola County, 2.0 million reported
CGU 3 — gas, Union Pacific Resources Company, Panola County, 2.0 million reported
METCALF UNIT 1 — gas, Lacy, R., Inc., Panola County, 2.0 million reported
BURNETT UNIT 9 — gas, Lacy, R., Inc., Panola County, 2.0 million reported
CGU 23 — gas, Union Pacific Resources Company, Panola County, 2.0 million reported
THOMAS & WOOD — gas, Exxon Corp., Panola County, 2.0 million reported
HUDSON-JOHNSON UNIT — gas, Pennzoil Exploration & Prod. Co., Panola County, 2.0 million reported
HARRELL, JEANETTE — gas, Chevron U. S. A. Inc., Panola County, 2.0 million reported
CGU 1 — gas, Union Pacific Resources Company, Panola County, 2.0 million reported
STEELE, CORRIE UNIT A — gas, Pennzoil Exploration & Prod. Co., Panola County, 2.0 million reported
PIRKLE "C" — gas, Oxy USA Inc., Panola County, 2.0 million reported
FLOYD GAS UNIT — gas, Total E&P USA, Inc., Panola County, 2.0 million reported
SEARCY GAS UNIT — gas, Union Pacific Resources Company, Panola County, 2.0 million reported
CARTHAGE GAS UNIT — gas, Eog Resources, Inc., Panola County, 2.0 million reported
RICHARDSON UNIT 1 — gas, Lacy, R., Inc., Panola County, 2.0 million reported
COLEMAN, M.J. — gas, Xto Energy Inc., Panola County, 2.0 million reported
RICHARDSON UNIT 1 — gas, Lacy, R., Inc., Panola County, 2.0 million reported
MATTHEWS, S.E. UNIT — gas, Texaco E & P Inc., Panola County, 2.0 million reported
CGU 23 — gas, Union Pacific Resources Company, Panola County, 2.0 million reported
DAVIS, A. L. — gas, Exxon Mobil Corporation, Panola County, 2.0 million reported
SEARCY GAS UNIT — gas, Anadarko E&P Company LP, Panola County, 2.0 million reported
YOUNGBLOOD-ROE UNIT — gas, Pennzoil Exploration & Prod. Co., Panola County, 2.0 million reported
NEAL, SALLIE J. -A- GAS UNIT — gas, Union Pacific Resources Company, Panola County, 2.0 million reported
CGU 15 — gas, Union Pacific Resources Company, Panola County, 2.0 million reported
CGU 20 — gas, Union Pacific Resources Company, Panola County, 2.0 million reported
ROQUEMORE GAS UNIT "D" — gas, Fina Oil & Chemical Company, Panola County, 2.0 million reported
DAVIS, A. L. — gas, Exxon Corp., Panola County, 2.0 million reported
RICHARDSON UNIT 1 — gas, Lacy, R., Inc., Panola County, 2.0 million reported
ROBERTS UNIT — gas, Pennzoil Exploration & Prod. Co., Panola County, 2.0 million reported
HULL UNIT A — gas, Devon Energy Production Co, L.P., Panola County, 2.0 million reported
PIRKLE, L.H. "C" — gas, Exxon Corp., Panola County, 2.0 million reported
WERNER, LOUIS SAW MILL CO. — gas, Pennzoil Exploration & Prod. Co., Panola County, 2.0 million reported
CGU 14 — gas, Union Pacific Resources Company, Panola County, 2.0 million reported
MAURITZEN — gas, Oxy USA Inc., Panola County, 2.0 million reported
HULL UNIT A — gas, Devon Energy Production Co, L.P., Panola County, 2.0 million reported
WIENER ESTATE D — gas, Classic Operating Co. LLC, Panola County, 2.0 million reported
SEMPRA ENERGY UNIT — gas, Will-Drill Production Co., Inc., Panola County, 2.0 million reported
CARTHAGE GAS UNIT 3-A — gas, BP America Production Company, Panola County, 2.0 million reported
ROQUEMORE UNIT 1 — gas, Lacy, R., Inc., Panola County, 2.0 million reported
CRENSHAW GAS UNIT #2 — gas, Texaco E & P Inc., Panola County, 2.0 million reported
WHITFIELD UNIT — gas, Texaco E & P Inc., Panola County, 1.9 million reported
PAYNE DEEP-BOUNDS B (AW) — gas, Sabine Energy Inc., Panola County, 1.9 million reported
BEALL, W.F. — gas, Texaco E & P Inc., Panola County, 1.9 million reported
CARTHAGE GAS UNIT 3-A — gas, Amoco Production Company, Panola County, 1.9 million reported
JOHN BROOKS GU — gas, Goodrich Petroleum Company, Panola County, 1.9 million reported
BLACK UNIT — gas, Pennzoil Exploration & Prod. Co., Panola County, 1.9 million reported
CGU 15 — gas, Union Pacific Resources Company, Panola County, 1.9 million reported
CARTHAGE GAS UNIT 110 — gas, BRG Petroleum, Inc., Panola County, 1.9 million reported
HULL UNIT A — gas, Devon Energy Production Co, L.P., Panola County, 1.9 million reported
MAURITZEN — gas, Devon Energy Production Co, L.P., Panola County, 1.9 million reported
BRODERICK GU2, BESS SMITH — gas, Exxon Corp., Panola County, 1.9 million reported
COOKE, J.W. UNIT 1 — gas, Lacy, R., Inc., Panola County, 1.9 million reported
ASHTON 2 UNIT — gas, Phillips Petroleum Company, Panola County, 1.9 million reported
BLANKENSHIP UNIT — gas, Texaco E & P Inc., Panola County, 1.9 million reported
CGU 20 — gas, Anadarko E&P Onshore LLC, Panola County, 1.9 million reported
OWENS, A.H. — gas, Xto Energy Inc., Panola County, 1.9 million reported
ROSS, J. T. UNIT — gas, Chevron U. S. A. Inc., Panola County, 1.9 million reported
WOOLWORTH, J. D. UNIT — gas, Exxon Corp., Panola County, 1.9 million reported
ALLISON UNIT — gas, Pennzoil Exploration & Prod. Co., Panola County, 1.9 million reported
FOSTER — gas, Torch Operating Company, Panola County, 1.9 million reported
CHRISTIAN — gas, Andrew Alan Exploration, Inc., Panola County, 1.9 million reported
BANKS, W.R. — gas, Exxon Corp., Panola County, 1.9 million reported
BURNETT UNIT 10 — gas, Lacy Operations, Ltd., Panola County, 1.9 million reported
NEAL, SALLIE J. UNIT — gas, Union Pacific Resources Company, Panola County, 1.9 million reported
BRIGGS UNIT 1 — gas, Lacy, R., Inc., Panola County, 1.9 million reported
DANIELS — gas, Oxy USA Inc., Panola County, 1.9 million reported
NEAL, JOHN S. GAS UNIT — gas, Anadarko E&P Onshore LLC, Panola County, 1.9 million reported
HULL UNIT B — gas, Pennzoil Exploration & Prod. Co., Panola County, 1.9 million reported
COLEMAN, M.J. — gas, Exxon Corp., Panola County, 1.9 million reported
WHITAKER UNIT — gas, Pennzoil Exploration & Prod. Co., Panola County, 1.9 million reported
BANKS, W. R. — gas, Exxon Corp., Panola County, 1.9 million reported
CARTHAGE GAS UNIT — gas, Enron Oil & Gas Company, Panola County, 1.9 million reported
HOUGH-SHIVERS "A" — gas, Texaco E & P Inc., Panola County, 1.9 million reported
WILLIAMS GAS UNIT — gas, Patara Oil & Gas LLC, Panola County, 1.9 million reported
MOORE UNIT — gas, Pennzoil Exploration & Prod. Co., Panola County, 1.9 million reported
CGU 26 — gas, Rme Petroleum Company, Panola County, 1.9 million reported
MCRAE, BLANCHE — gas, Devon Energy Production Co, L.P., Panola County, 1.9 million reported
ROBERTS UNIT — gas, Pennzoil Exploration & Prod. Co., Panola County, 1.9 million reported
MCCAIN — gas, Sonat Exploration Company -Tyler, Panola County, 1.9 million reported
HOLMES, PRIESTLY UNIT — gas, Union Pacific Resources Company, Panola County, 1.9 million reported
BIGGS — gas, Samson Lone Star, LLC, Panola County, 1.9 million reported
THOMAS & WOOD — gas, Exxon Corp., Panola County, 1.9 million reported
BOREN UNIT 1 — gas, Anadarko E&P Company LP, Panola County, 1.9 million reported
RICHARDSON UNIT 1 — gas, Lacy, R., Inc., Panola County, 1.9 million reported
WHITFIELD UNIT — gas, Texaco E & P Inc., Panola County, 1.9 million reported
MANGHAM UNIT — gas, Pennzoil Exploration & Prod. Co., Panola County, 1.9 million reported
RICHARDSON UNIT 1 — gas, Lacy Operations, Ltd., Panola County, 1.9 million reported
KNIGHT-STRONG GAS UNIT — gas, Samson Lone Star, LLC, Panola County, 1.9 million reported
CARTHAGE GAS UNIT — gas, Erso, Inc., Panola County, 1.9 million reported
CALLOW 2 UNIT — gas, Conocophillips Company, Panola County, 1.9 million reported
KELLY-LINCOLN A (AW) — gas, Sabine Oil & Gas Corporation, Panola County, 1.9 million reported
CGU 13 — gas, Anadarko E&P Company LP, Panola County, 1.9 million reported
STEELE, CORRIE UNIT — gas, Pennzoil Exploration & Prod. Co., Panola County, 1.9 million reported
WILLIAMSON — gas, Devon Louisiana Corporation, Panola County, 1.9 million reported
CGU 11 — gas, Union Pacific Resources Company, Panola County, 1.9 million reported
CGU 18 — gas, Union Pacific Resources Company, Panola County, 1.9 million reported
DAVIS, A. L. — gas, Devon Louisiana Corporation, Panola County, 1.9 million reported
BLACK UNIT — gas, Pennzoil Exploration & Prod. Co., Panola County, 1.9 million reported
CGU 12 — gas, Union Pacific Resources Company, Panola County, 1.9 million reported
CARTHAGE UNIT — gas, Enron Oil & Gas Company, Panola County, 1.9 million reported
HOLMES, S. L. — gas, Xto Energy Inc., Panola County, 1.9 million reported
COLLINS UNIT — gas, Pennzoil Exploration & Prod. Co., Panola County, 1.9 million reported
CARTHAGE GAS UNIT 13 — gas, BP America Production Company, Panola County, 1.9 million reported
EDDY, EMMA UNIT — gas, Texaco E & P Inc., Panola County, 1.9 million reported
CGU 33 — gas, Anadarko E&P Company LP, Panola County, 1.9 million reported
TOMPKINS, ELVE UNIT — gas, R & C Petroleum, Inc., Panola County, 1.9 million reported
LILLY UNIT — gas, Pennzoil Exploration & Prod. Co., Panola County, 1.9 million reported
PANOLA — gas, Phillips Petroleum Company, Panola County, 1.9 million reported
LASHLEY, M. GAS UNIT — gas, Union Pacific Resources Company, Panola County, 1.9 million reported
CGU 17 — gas, Union Pacific Resources Company, Panola County, 1.9 million reported
SEALEY, J.J. — gas, Exxon Corp., Panola County, 1.9 million reported
TRINITY G.U. J20 (ALLOC.) 3 — gas, Amplify Energy Operating LLC, Panola County, 1.9 million reported
CGU 25 — gas, Rme Petroleum Company, Panola County, 1.9 million reported
CARTHAGE GAS UNIT 3-A — gas, BP America Production Company, Panola County, 1.9 million reported
BURTON, JOHN. W. — gas, Ocean Energy, Inc., Panola County, 1.9 million reported
SEARCY GAS UNIT — gas, Anadarko E&P Company LP, Panola County, 1.9 million reported
CGU 13 — gas, Union Pacific Resources Company, Panola County, 1.9 million reported
PARKER UNIT #1 — gas, Lacy, R., Inc., Panola County, 1.9 million reported
HUDSON-JOHNSON UNIT — gas, Pennzoil Exploration & Prod. Co., Panola County, 1.9 million reported
BRUMBLE-STUDDARD — gas, Sonat Exploration Company -Tyler, Panola County, 1.9 million reported
KYLE, FRED GAS UNIT — gas, Anadarko E&P Company LP, Panola County, 1.9 million reported
WALLACE UNIT — gas, Pennzoil Exploration & Prod. Co., Panola County, 1.9 million reported
WHITFIELD UNIT — gas, Texaco E & P Inc., Panola County, 1.9 million reported
CGU 25 — gas, Union Pacific Resources Company, Panola County, 1.9 million reported
FROST LUMBER IND. INC UNIT — gas, Anadarko E&P Company LP, Panola County, 1.9 million reported
SHIVERS-PEEPLES UNIT — gas, Texaco E & P Inc., Panola County, 1.9 million reported
HEBERT — gas, Devon Louisiana Corporation, Panola County, 1.9 million reported
CHADWICK UNIT — gas, Pennzoil Exploration & Prod. Co., Panola County, 1.9 million reported
HULL UNIT B — gas, Pennzoil Exploration & Prod. Co., Panola County, 1.9 million reported
BLACK UNIT — gas, Pennzoil Exploration & Prod. Co., Panola County, 1.9 million reported
BEALL-NORMAN — gas, Texaco E & P Inc., Panola County, 1.9 million reported
HUDSON-JOHNSON UNIT — gas, Pennzenergy Exp. & Prod., L.L.C., Panola County, 1.9 million reported
CGU 7 — gas, Union Pacific Resources Company, Panola County, 1.9 million reported
CAMERON UNIT 1 — gas, Lacy, R., Inc., Panola County, 1.9 million reported
HILLIN, JOE BAILEY — gas, Goodrich Petroleum Company, Panola County, 1.9 million reported
SMITH, ELLA UNIT NO. 1 — gas, Harleton Oil & Gas Inc., Panola County, 1.9 million reported
CGU 11 — gas, Union Pacific Resources Company, Panola County, 1.9 million 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.