GASKIN
GASKIN is a Texas gas lease in Live Oak County, Railroad Commission district 02, operated by Verdun Oil & Gas LLC. It has 1 wellbore on file with the Commission. Reported production runs from June 2019 to August 2026, totalling 2,276,869 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 $5.8M, 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 12,561 thousand cubic feet a month. Its strongest month on the record we hold was December 2019, at 92,085 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 18% 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 GASKIN
- Who operates GASKIN?
- GASKIN is operated by Verdun Oil & Gas LLC, Railroad Commission of Texas operator number 884566.
- Where is GASKIN?
- GASKIN is a Texas gas lease in Live Oak County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 296682.
- Is GASKIN still producing?
- GASKIN is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GASKIN is August 2026.
- How much has GASKIN produced?
- GASKIN has reported 2,276,869 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between June 2019 and August 2026, from 1 wellbore.
- How much is GASKIN worth?
- The remaining production from GASKIN is estimated to be worth about $5.8M in total as of 27 August 2026, within a range of $4.7M to $6.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GASKIN is a fraction of it. The estimate fits an Arps decline curve to the production GASKIN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GASKIN is an estimate of value, not an offer and not an appraisal.
- How much income does GASKIN generate in a year?
- GASKIN 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 GASKIN 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-2) |
| County | Live Oak County, Texas |
| RRC district | 02 |
| Lease number | 296682 |
| Wellbores | 1 |
| Reported production | 2,276,869 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $5.8M |
Where GASKIN 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.