VERHALEN "C"

VERHALEN "C" is a Texas gas lease in Harrison County, Railroad Commission district 06, operated by GMX Resources Inc. It has 1 wellbore on file with the Commission. Reported production runs from October 2009 to August 2026, totalling 1,400,268 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 the whole lease — a 100% undivided interest — at about $137K, with roughly $25K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 1,194 thousand cubic feet a month. Its strongest month on the record we hold was June 2023, at 4,883 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.

Key facts about VERHALEN "C"

Who operates VERHALEN "C"?
VERHALEN "C" is operated by GMX Resources Inc., Railroad Commission of Texas operator number 311408.
Where is VERHALEN "C"?
VERHALEN "C" is a Texas gas lease in Harrison County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 254867.
Is VERHALEN "C" still producing?
VERHALEN "C" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for VERHALEN "C" is August 2026.
How much has VERHALEN "C" produced?
VERHALEN "C" has reported 1,400,268 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between October 2009 and August 2026, from 1 wellbore.
How much is VERHALEN "C" worth?
The remaining production from VERHALEN "C" is estimated to be worth about $137K in total as of 26 August 2026, within a range of $114K to $161K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in VERHALEN "C" is a fraction of it. The estimate fits an Arps decline curve to the production VERHALEN "C" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for VERHALEN "C" is an estimate of value, not an offer and not an appraisal.
How much income does VERHALEN "C" generate in a year?
VERHALEN "C" is forecast to net about $25K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in VERHALEN "C" receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

VERHALEN "C" as filed with the Railroad Commission of Texas
OperatorGMX Resources Inc.
FieldCarthage, North (Bossier Shale)
CountyHarrison County, Texas
RRC district06
Lease number254867
Wellbores1
Reported production1,400,268 mcf
First reported
Last reported
Estimated royalty value$137K

Where VERHALEN "C" sits

Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .

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. How this estimate is calculated.