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Producing

PANOLA DEVELOPMENT COMPANY

Panola Development Company is an oil lease in Panola County, Texas, operated by Glassell Producing Company, Inc. in the Carthage (Travis Peak) field.

1 well

43bbl oil, last 12 months−57% vs prior year
Operator
Glassell Producing Company, Inc.
County
Panola County
Field
Carthage (Travis Peak)
RRC lease
06-15929

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Where it sits

This county

Panola CountyPanolaGreggUpshurShelbyRuskHarrisonMarionPanola County
Panola County
Gas, last 12 months
5,222 mcf
Oil in Jul 2026
0 bbl

Checks stopped on this lease?

  • Sales

    No sales reported for the last 2 months of state data (through Jul 2026).

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

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Production by month

Oil output fell 57% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 57% over the last 12 monthsMonthly oil production and gas for PANOLA DEVELOPMENT COMPANY, Aug 2023 to Jul 2026. Oil output fell 57% over the last 12 months. 43 bbl in the 12 months through Jul 2026, against 99 bbl in the 12 months before.Last 12 months: 43 bblbbl per monthmcf per month0010500201,000301,500402,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 57% over the last 12 monthsMonthly oil production and gas for PANOLA DEVELOPMENT COMPANY, Aug 2023 to Jul 2026. Oil output fell 57% over the last 12 months. 43 bbl in the 12 months through Jul 2026, against 99 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0010500201,000301,500402,000Jan 24JulJan 25JulJan 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 COMPANY gas by disposition code each month, Aug 2023 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%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
93% of the gas went to a transmission line in the last 12 monthsShare of PANOLA DEVELOPMENT COMPANY gas by disposition code each month, Aug 2023 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%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    93% · 4,859 mcf

  • Lease fuel (1)

    7.0% · 363 mcf

1 well on this lease

Wells on PANOLA DEVELOPMENT COMPANY
API numberWell no.Status
42-365-3762813Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Eastex Crude Company, LLCOilGathers100Feb 1, 2022–
Glassell Producing Company, Inc.Casinghead gasBuys100Apr 2, 2014–
Encrescent, LLCCasinghead gasGathers100Apr 2, 2014–
Eastex Crude CompanyOilGathers100Apr 2, 2014Feb 1, 2022

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

Who buys my oilOil price check

635 acres on the newest permit

Check your decimal on this lease
Permits for Panola Development Company
API numberWell no.Acreson the permit
42-365-3762813635

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

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36 months, newest first

Ledger for PANOLA DEVELOPMENT COMPANY
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026001871760$80.46$2.89
Jun 2026002041920$84.81$3.15
May 202601802552400$102.13$2.94
Apr 2026001371290$100.32$2.77
Mar 2026204544270$91.38$3.04
Feb 2026201531440$64.51$3.62
Jan 2026001261190$60.04$7.72
Dec 2025001621620$57.97$4.26
Nov 2025207306750$60.06$3.79
Oct 2025208097480$60.89$3.19
Sep 20251309118430$63.96$2.97
Aug 20252201,0941,0040$64.86$2.91
Jul 20251001,2741,1680$68.39$3.20
Jun 20251001,1761,0790$68.17$3.02
May 2025501,0819990$62.17$3.12
Apr 2025708017510$63.54$3.42
Mar 2025203563560$68.24$4.12
Feb 202500000$71.53$4.19
Jan 2025001651550$75.74$4.13
Dec 2024203152920$70.12$3.01
Nov 2024801,0059390$69.95$2.12
Oct 20241509068460$71.99$2.20
Sep 20241701,0741,0070$70.24$2.28
Aug 2024231741,2181,1380$76.68$1.99
Jul 20242801,3281,2450$81.80$2.07
Jun 2024708868300$79.77$2.54
May 2024709558950$80.02$2.12
Apr 20241501,1391,0680$85.35$1.60
Mar 20242101,1661,0700$81.28$1.49
Feb 20242201,0609780$77.25$1.72
Jan 20243201,3061,2240$74.15$3.18
Dec 2023261691,1481,0760$71.90$2.52
Nov 20233501,3701,2840$77.69$2.71
Oct 20231001,1201,0340$85.64$2.98
Sep 20232001,2571,1660$89.43$2.64
Aug 20231701,4111,3220$81.39$2.58

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

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Nearby

This lease belongs to

OperatorGlassell Producing Company, Inc.FieldCarthage (Travis Peak)CountyPanola County

Glassell Producing Company, Inc. in Panola County

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