RED BARON C
RED BARON C 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 January 2020 to August 2026, totalling 1,007,125 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 $1.5M, with roughly $393K 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 3,971 thousand cubic feet a month. Its strongest month on the record we hold was April 2021, at 71,965 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 RED BARON C
- Who operates RED BARON C?
- RED BARON C is operated by Verdun Oil & Gas LLC, Railroad Commission of Texas operator number 884566.
- Where is RED BARON C?
- RED BARON C is a Texas gas lease in Live Oak County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 290131.
- Is RED BARON C still producing?
- RED BARON C is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RED BARON C is August 2026.
- How much has RED BARON C produced?
- RED BARON C has reported 1,007,125 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 2020 and August 2026, from 1 wellbore.
- How much is RED BARON C worth?
- The remaining production from RED BARON C is estimated to be worth about $1.5M in total as of 27 August 2026, within a range of $1.2M to $1.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RED BARON C is a fraction of it. The estimate fits an Arps decline curve to the production RED BARON C has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RED BARON C is an estimate of value, not an offer and not an appraisal.
- How much income does RED BARON C generate in a year?
- RED BARON C is forecast to net about $393K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in RED BARON C 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 | 290131 |
| Wellbores | 1 |
| Reported production | 1,007,125 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.5M |
Where RED BARON 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.