HANKS-MARTIN G

HANKS-MARTIN G 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 344,639 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 $8.9M, with roughly $2.6M 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 4,265 barrels a month. Its strongest month on the record we hold was March 2023, at 21,889 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 G

Who operates HANKS-MARTIN G?
HANKS-MARTIN G is operated by Verdun Oil & Gas LLC, Railroad Commission of Texas operator number 884566.
Where is HANKS-MARTIN G?
HANKS-MARTIN G is a Texas oil lease in La Salle County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 21293.
Is HANKS-MARTIN G still producing?
HANKS-MARTIN G is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HANKS-MARTIN G is August 2026.
How much has HANKS-MARTIN G produced?
HANKS-MARTIN G has reported 344,639 barrels of oil (bbl) to the Railroad Commission of Texas between December 2022 and August 2026, from 1 wellbore.
How much is HANKS-MARTIN G worth?
The remaining production from HANKS-MARTIN G is estimated to be worth about $8.9M in total as of 27 August 2026, within a range of $7.4M to $10.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HANKS-MARTIN G is a fraction of it. The estimate fits an Arps decline curve to the production HANKS-MARTIN G 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 G is an estimate of value, not an offer and not an appraisal.
How much income does HANKS-MARTIN G generate in a year?
HANKS-MARTIN G is forecast to net about $2.6M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in HANKS-MARTIN G receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

HANKS-MARTIN G as filed with the Railroad Commission of Texas
OperatorVerdun Oil & Gas LLC
FieldEagleville (Eagle Ford-1)
CountyLa Salle County, Texas
RRC district01
Lease number21293
Wellbores1
Reported production344,639 bbl
First reported
Last reported
Estimated royalty value$8.9M

Where HANKS-MARTIN G 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.