PANOLA DEVELOPMENT COMPANY
PANOLA DEVELOPMENT COMPANY is a Texas gas lease in Panola County, Railroad Commission district 06, operated by Glassell Producing Company, Inc. It has 1 wellbore on file with the Commission. Reported production runs from December 2021 to August 2026, totalling 71,824 thousand cubic feet. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $3K, with roughly $564 expected over the next twelve months.
| Operator | Glassell Producing Company, Inc. |
|---|---|
| Field | Carthage, S. (Pettit, Lo.) |
| County | Panola County, Texas |
| RRC district | 06 |
| Lease number | 293236 |
| Wellbores | 1 |
| Reported production | 71,824 mcf |
| First reported | December 2021 |
| Last reported | August 2026 |
| Estimated royalty value | $3K |
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal.