HANKS-MARTIN F
HANKS-MARTIN F 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 278,552 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 $6.0M, with roughly $1.6M 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 2,564 barrels a month. Its strongest month on the record we hold was February 2023, at 21,249 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 F
- Who operates HANKS-MARTIN F?
- HANKS-MARTIN F is operated by Verdun Oil & Gas LLC, Railroad Commission of Texas operator number 884566.
- Where is HANKS-MARTIN F?
- HANKS-MARTIN F is a Texas oil lease in La Salle County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 21303.
- Is HANKS-MARTIN F still producing?
- HANKS-MARTIN F is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HANKS-MARTIN F is August 2026.
- How much has HANKS-MARTIN F produced?
- HANKS-MARTIN F has reported 278,552 barrels of oil (bbl) to the Railroad Commission of Texas between December 2022 and August 2026, from 1 wellbore.
- How much is HANKS-MARTIN F worth?
- The remaining production from HANKS-MARTIN F is estimated to be worth about $6.0M in total as of 27 August 2026, within a range of $5.0M to $7.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HANKS-MARTIN F is a fraction of it. The estimate fits an Arps decline curve to the production HANKS-MARTIN F 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 F is an estimate of value, not an offer and not an appraisal.
- How much income does HANKS-MARTIN F generate in a year?
- HANKS-MARTIN F is forecast to net about $1.6M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in HANKS-MARTIN F 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 | 21303 |
| Wellbores | 1 |
| Reported production | 278,552 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $6.0M |
Where HANKS-MARTIN F 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.