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PANOLA DEVELOPMENT CO.

Panola Development Co. is a gas well in Panola County, Texas, operated by Glassell Producing Company, Inc. in the Carthage (Pettit, Upper) field.

Gas well dossier

1,299mcf gas, last 12 months
RRC lease
06-299990

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Where it sits

This county

Panola CountyPanolaGreggUpshurShelbyRuskHarrisonMarionPanola County
Panola County
Gas in Jul 2026
0 mcf
Reporting since
Apr 2025

Checks stopped on this lease?

  • Sales

    No sales reported for the last 3 months of state data (through Jul 2026).

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

See why checks stop on this lease

Production by month

Gas output fell 100% since Apr 2025

Gas output fell 100% since Apr 2025Monthly gas production for PANOLA DEVELOPMENT CO., Apr 2025 to Jul 2026. Gas output fell 100% since Apr 2025. Monthly average of 0 mcf in the latest 3 months, against 216 mcf in the first 3.mcf per month0100200300400Apr 25JulOctJan 26AprJul
Gas output fell 100% since Apr 2025Monthly gas production for PANOLA DEVELOPMENT CO., Apr 2025 to Jul 2026. Gas output fell 100% since Apr 2025. Monthly average of 0 mcf in the latest 3 months, against 216 mcf in the first 3.mcf per month0100200300400Jul 25Jan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

93% of the gas went to a transmission line in the last 12 months

  • Transmission line (2)
  • Lease fuel (1)
93% of the gas went to a transmission line in the last 12 monthsShare of PANOLA DEVELOPMENT CO. gas by disposition code each month, Apr 2025 to Jul 2026. 93% of the gas went to a transmission line in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Apr 25JulOctJan 26AprJul
93% of the gas went to a transmission line in the last 12 monthsShare of PANOLA DEVELOPMENT CO. gas by disposition code each month, Apr 2025 to Jul 2026. 93% of the gas went to a transmission line in the last 12 months.Share of gas by disposition code0%50%100%Jul 25Jan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    93% · 1,595 mcf

  • Lease fuel (1)

    6.7% · 114 mcf

Wells on this lease

No wells are linked to this lease in our data

Production is still reported at lease level.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Glassell Producing Company, Inc.Gas-well gasBuys100Apr 12, 2025–
Vmh Gas, LLCFull well streamGathers100Sep 1, 2025–
Encrescent, LLCFull well streamGathers100Apr 12, 2025Sep 1, 2025

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

635 acres on the newest permit

Permits for Panola Development Co.
API numberWell no.Acreson the permit
42-365-3762712635

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

Estimate your royalty

16 months, newest first

Ledger for PANOLA DEVELOPMENT CO.
MonthGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026000$80.46$2.89
Jun 2026000$84.81$3.15
May 2026000$102.13$2.94
Apr 202614130$100.32$2.77
Mar 20261581490$91.38$3.04
Feb 20263002820$64.51$3.62
Jan 202616150$60.04$7.72
Dec 202559560$57.97$4.26
Nov 202555520$60.06$3.79
Oct 20251591500$60.89$3.19
Sep 20252122000$63.96$2.97
Aug 20253262990$64.86$2.91
Jul 202568630$68.39$3.20
Jun 20251271170$68.17$3.02
May 20252151990$62.17$3.12
Apr 20253052860$63.54$3.42

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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Nearby

New drilling permits in Panola County

Newest in the county: this lease has no coordinates.