HANKS-MARTIN E
HANKS-MARTIN E is a Texas oil lease in La Salle County, Railroad Commission district 01, operated by Verdun Oil & Gas LLC. It has 1 wellbore on file with the Commission. Reported production runs from December 2022 to August 2026, totalling 213,183 barrels. 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 $2.3M, with roughly $1.0M 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 1,988 barrels a month. Its strongest month on the record we hold was March 2023, at 19,350 barrels. 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 HANKS-MARTIN E
- Who operates HANKS-MARTIN E?
- HANKS-MARTIN E is operated by Verdun Oil & Gas LLC, Railroad Commission of Texas operator number 884566.
- Where is HANKS-MARTIN E?
- HANKS-MARTIN E is a Texas oil lease in La Salle County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 21304.
- Is HANKS-MARTIN E still producing?
- HANKS-MARTIN E is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HANKS-MARTIN E is August 2026.
- How much has HANKS-MARTIN E produced?
- HANKS-MARTIN E has reported 213,183 barrels of oil (bbl) to the Railroad Commission of Texas between December 2022 and August 2026, from 1 wellbore.
- How much is HANKS-MARTIN E worth?
- The remaining production from HANKS-MARTIN E is estimated to be worth about $2.3M in total as of 27 August 2026, within a range of $1.9M to $2.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HANKS-MARTIN E is a fraction of it. The estimate fits an Arps decline curve to the production HANKS-MARTIN E has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HANKS-MARTIN E is an estimate of value, not an offer and not an appraisal.
- How much income does HANKS-MARTIN E generate in a year?
- HANKS-MARTIN E is forecast to net about $1.0M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in HANKS-MARTIN E receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Verdun Oil & Gas LLC |
|---|---|
| Field | Eagleville (Eagle Ford-1) |
| County | La Salle County, Texas |
| RRC district | 01 |
| Lease number | 21304 |
| Wellbores | 1 |
| Reported production | 213,183 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.3M |
Where HANKS-MARTIN E 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.