Sell Your Mineral Rights in Panola County, TX

If you own mineral rights in Panola County, Texas, you're sitting on acreage in one of the most significant natural gas basins in the country — the Haynesville Shale. Panola County has logged over 716 billion cubic feet of cumulative gas production, and operators like Comstock Oil & Gas are still active here. Before you accept any offer or sign anything, it's worth knowing what your rights are actually worth in today's market.

ASSET OVERVIEW

Est. per Acre

$500–$3,500

per net royalty acre

Core Basin

Haynesville Shale

Primary Formation

Primary Resource

Natural Gas

Commodity Type

What's Actually Happening in Panola County Right Now

Panola County sits squarely in the East Texas portion of the Haynesville Shale, which has become one of the most important natural gas plays in the United States — particularly as LNG export demand has pushed gas prices and drilling activity higher. With over 716 billion cubic feet of cumulative gas production on record, this county has real, proven production behind it. There are a dozen or more operators active here, ranging from large independents like Comstock Oil & Gas to smaller regionally focused companies. If you've received an unsolicited offer for your mineral rights lately, that's not a coincidence — buyers are paying attention to this county.

Panola County Mineral Rights by the Numbers

716,471,685

MCF

Cumulative Gas Production

1,287,282

BBL

Cumulative Oil Production

$500 – $3,500

estimate only — varies widely by location and lease status

Estimated Value Range Per Acre (undeveloped)

Natural Gas

Haynesville Shale

Primary Commodity

12+

verified operators in county

Active Operators on Record

Who's Operating in Panola County

Comstock Oil & Gas, LLC

CRK

Exco Operating Company, LP

Sabine Energy Inc.

Buckhorn Operating LLC

Brookston Energy, Inc.

Burk Royalty Co., LTD.

What's in the Ground

Haynesville Shale

Haynesville Basin

The primary target in Panola County. The Haynesville is a deep, high-pressure natural gas shale that runs through East Texas and northwest Louisiana. Wells here are expensive to drill but can be prolific producers. It's the reason this county has accumulated over 716 billion cubic feet of cumulative gas production, and it's what most buyers are interested in when they approach mineral owners in this area.

Cotton Valley

East Texas Basin

A shallower, historically important formation in East Texas that predates the Haynesville shale boom. Some Panola County tracts have existing Cotton Valley production or proven reserves at this level. It's not the main driver of value today, but it can contribute meaningfully to the overall picture of what your acreage is worth.

Bossier Shale

Haynesville Basin

The Bossier sits just above the Haynesville and is sometimes co-developed on the same leasehold. It's generally considered a secondary target, but its presence can add upside to a mineral package — particularly for buyers thinking about long-term development potential on your acreage.

Questions We Hear From Panola County Owners

I got a letter offering to buy my mineral rights in Panola County. Should I take it?
Maybe — but don't rush. Unsolicited offers in Haynesville counties like Panola are common, and they're often below market value. The buyer already knows something about your acreage that prompted the offer. Before you respond, it's worth getting an independent read on what your rights are actually worth. There's no pressure to sell, and knowing your number puts you in a much stronger position either way.
My mineral rights in Panola County have been in the family for generations. How do I even know what I own?
This is one of the most common situations we see in East Texas. The first step is tracking down the deed or probate records that established your ownership — usually through the Panola County courthouse in Carthage. From there, you'll want to confirm whether your rights are currently leased, whether there's any active production on your tract, and whether you're receiving royalties you may not know about. We can help you work through that.
Is natural gas a good bet right now? I've heard the market is volatile.
That's a fair concern. Gas prices do fluctuate, and that affects what buyers will pay for Haynesville acreage. That said, demand for U.S. natural gas — especially from LNG export facilities along the Gulf Coast — has added a longer-term floor under prices that wasn't there five years ago. Panola County's location in the core of the East Texas Haynesville play means it benefits from that demand picture. Timing still matters, but the fundamentals here are better than they've been in a long time.

Find Out What Your Panola County Mineral Rights Are Worth

Whether you've just received an offer, inherited rights you've never fully understood, or are simply curious about the market, the first step is a free, no-obligation conversation. We'll look at your specific tract, tell you what we know about activity in your area, and give you an honest estimate — no pressure, no commitment required.

Get My Free Valuation

Data Sources

Production and operator figures for Panola County are drawn from U.S. Census Bureau (ACS 5-Year), and DrillingEdge (state regulator production data). Per-acre values are estimates and not an offer.

EXPLORE THE BASIN

Other Haynesville Shale Counties

Panola County is part of the Haynesville Shale. See the full basin overview, operators, and counties we serve.

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