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Texas gas well

Producing

PANOLA DEVELOPMENT COMPANY

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

Gas well dossier

11,779mcf gas, last 12 months−9% vs prior year
Operator
Glassell Producing Company, Inc.
County
Panola County
Field
Carthage, S. (Pettit, Lo.)
RRC lease
06-293236

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Where it sits

This county

Panola CountyPanolaGreggUpshurShelbyRuskHarrisonMarionPanola County
Panola County
Gas in Jul 2026
1,057 mcf
Reporting since
Dec 2021

Production by month

Gas output fell 9% over the last 12 months

  • Gas (bars)
  • Last 12 months
Gas output fell 9% over the last 12 monthsMonthly gas production for PANOLA DEVELOPMENT COMPANY, Aug 2023 to Jul 2026. Gas output fell 9% over the last 12 months. 11,779 mcf in the 12 months through Jul 2026, against 12,958 mcf in the 12 months before.Last 12 months: 11,779 mcfmcf per month05001,0001,5002,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 9% over the last 12 monthsMonthly gas production for PANOLA DEVELOPMENT COMPANY, Aug 2023 to Jul 2026. Gas output fell 9% over the last 12 months. 11,779 mcf in the 12 months through Jul 2026, against 12,958 mcf in the 12 months before.Last 12 monthsmcf per month05001,0001,5002,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

94% of the gas went to a transmission line in the last 12 months

  • Transmission line (2)
  • Lease fuel (1)
94% 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. 94% 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
94% 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. 94% 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)

    94% · 11,067 mcf

  • Lease fuel (1)

    6.0% · 712 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 gasBuys100Dec 14, 2021–
Vmh Gas, LLCFull well streamGathers100Sep 1, 2025–
Encrescent, LLCGas-well gasGathers100Dec 14, 2021Sep 1, 2025

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
42-365-336897635

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

Unit decimal checker

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36 months, newest first

Ledger for PANOLA DEVELOPMENT COMPANY
MonthGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20261,0579950$80.46$2.89
Jun 20269989400$84.81$3.15
May 20261,0449830$102.13$2.94
Apr 20269318770$100.32$2.77
Mar 20261,1031,0380$91.38$3.04
Feb 20269428870$64.51$3.62
Jan 20262071950$60.04$7.72
Dec 20251,1001,0360$57.97$4.26
Nov 20251,0319710$60.06$3.79
Oct 20251,0991,0350$60.89$3.19
Sep 20251,1031,0420$63.96$2.97
Aug 20251,1641,0680$64.86$2.91
Jul 20251,2551,1510$68.39$3.20
Jun 20257096500$68.17$3.02
May 20251,0871,0050$62.17$3.12
Apr 20251,0569900$63.54$3.42
Mar 20251,0249600$68.24$4.12
Feb 20251,0269620$71.53$4.19
Jan 20251,1651,0920$75.74$4.13
Dec 20241,1561,0700$70.12$3.01
Nov 20241,1401,0650$69.95$2.12
Oct 20241,1051,0320$71.99$2.20
Sep 20241,0559890$70.24$2.28
Aug 20241,1801,1020$76.68$1.99
Jul 20241,2211,1440$81.80$2.07
Jun 20241,2151,1390$79.77$2.54
May 20241,1861,1120$80.02$2.12
Apr 20241,2711,1920$85.35$1.60
Mar 20241,2851,1790$81.28$1.49
Feb 20241,2231,1280$77.25$1.72
Jan 20241,2931,2120$74.15$3.18
Dec 20231,4371,3470$71.90$2.52
Nov 20231,3291,2450$77.69$2.71
Oct 20231,4261,3160$85.64$2.98
Sep 20231,4651,3600$89.43$2.64
Aug 20231,3681,2830$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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This lease belongs to

OperatorGlassell Producing Company, Inc.FieldCarthage, S. (Pettit, Lo.)CountyPanola County

Glassell Producing Company, Inc. in Panola County

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Carthage, S. (Pettit, Lo.) field

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