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Texas oil lease

Producing

HANKS-MARTIN B

Hanks-Martin B is an oil lease in La Salle County, Texas, operated by Verdun Oil & Gas LLC in the Eagleville (Eagle Ford-1) field.

1 well

27,496bbl oil, last 12 months−30% vs prior year
Operator
Verdun Oil & Gas LLC
County
La Salle County
Field
Eagleville (Eagle Ford-1)
RRC lease
01-21300

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Where it sits

This county

La Salle CountyLa SalleZavalaAtascosaMcMullenDimmitFrioLa Salle County
La Salle County
Gas, last 12 months
39,259 mcf
Oil in Jul 2026
1,648 bbl

Production by month

Oil output fell 30% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 30% over the last 12 monthsMonthly oil production and gas for HANKS-MARTIN B, Aug 2023 to Jul 2026. Oil output fell 30% over the last 12 months. 27,496 bbl in the 12 months through Jul 2026, against 39,074 bbl in the 12 months before.Last 12 months: 27,496 bblbbl per monthmcf per month002,5005,0005,00010k7,50015k10k20k12.5k25kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 30% over the last 12 monthsMonthly oil production and gas for HANKS-MARTIN B, Aug 2023 to Jul 2026. Oil output fell 30% over the last 12 months. 27,496 bbl in the 12 months through Jul 2026, against 39,074 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002,5005,0005,00010k7,50015k10k20k12.5k25kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

79% of the gas went to a transmission line in the last 12 months

Flaring peaked at 3.7% of the gas in Oct 2024.

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
79% of the gas went to a transmission line in the last 12 monthsShare of HANKS-MARTIN B gas by disposition code each month, Aug 2023 to Jul 2026. 79% of the gas went to a transmission line in the last 12 months. Flaring peaked at 3.7% of the gas in Oct 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 3.7%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
79% of the gas went to a transmission line in the last 12 monthsShare of HANKS-MARTIN B gas by disposition code each month, Aug 2023 to Jul 2026. 79% of the gas went to a transmission line in the last 12 months. Flaring peaked at 3.7% of the gas in Oct 2024.Share of gas by disposition code0%50%100%Flared 3.7%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    79% · 31,108 mcf

  • Lease fuel (1)

    19% · 7,573 mcf

  • Flared (4)

    1.5% · 578 mcf

1.5% of the gas flared in the last 12 months. 3 months above 3%.

1 well on this lease

Wells on HANKS-MARTIN B
API numberWell no.Status
42-283-372402HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Phillips 66 CompanyOilGathers100Dec 13, 2022
Enterprise Products Operating LLCCasinghead gasBuys100Dec 13, 2022
Verdun Oil & Gas LLCCasinghead gasGathers100Dec 13, 2022

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

Who buys my oilOil price check

3,848.82 acres on the newest permit

  • Worth asking

    An allocation well is on this lease

    A well drilled across several tracts shares its production by an allocation formula, so the decimal is not always your acres over the unit acres. Ask the operator for the allocation formula and the tract factor for your land.

  • Worth asking

    A Rule 37 case is listed

    The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.

Check your decimal on this lease
Permits for Hanks-Martin B
API numberWell no.Acreson the permit
42-283-372402H3,848.82

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for HANKS-MARTIN B
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20261,6481,6692,5641,95325$80.46$2.89
Jun 20262,2932,2802,7812,2317$84.81$3.15
May 20262,2062,2452,8952,25526$102.13$2.94
Apr 20262,1632,1283,2392,52565$100.32$2.77
Mar 20262,1832,1773,1452,47064$91.38$3.04
Feb 20262,1382,1422,8402,24129$64.51$3.62
Jan 20262,6442,6443,5142,84820$60.04$7.72
Dec 20252,5132,5043,6142,93155$57.97$4.26
Nov 20252,4752,4803,7092,99283$60.06$3.79
Oct 20252,5432,5204,1493,41624$60.89$3.19
Sep 20252,2692,3023,4792,695109$63.96$2.97
Aug 20252,4212,4183,3302,55171$64.86$2.91
Jul 20252,6552,6494,9634,15779$68.39$3.20
Jun 20252,9082,9054,1733,44035$68.17$3.02
May 20252,9672,9773,7072,909110$62.17$3.12
Apr 20253,2533,2654,4223,62370$63.54$3.42
Mar 20253,2613,2723,7222,95442$68.24$4.12
Feb 20253,0433,0452,0961,40037$71.53$4.19
Jan 20253,0342,9982,5371,84618$75.74$4.13
Dec 20243,1973,3092,7191,93996$70.12$3.01
Nov 20243,5933,5123,6102,87653$69.95$2.12
Oct 20243,6993,6593,2172,463120$71.99$2.20
Sep 20243,5753,5723,2672,59314$70.24$2.28
Aug 20243,8893,8793,8893,13740$76.68$1.99
Jul 20244,8874,9184,8084,0660$81.80$2.07
Jun 20244,3944,4105,5954,8282$79.77$2.54
May 20245,4885,4735,5494,83531$80.02$2.12
Apr 20244,7864,8075,2654,55111$85.35$1.60
Mar 20245,2905,3096,4525,66217$81.28$1.49
Feb 20245,1835,1217,4526,69116$77.25$1.72
Jan 20245,0855,0737,5906,72753$74.15$3.18
Dec 20235,1335,1866,7485,97718$71.90$2.52
Nov 20236,6046,5947,5026,63621$77.69$2.71
Oct 20237,1427,1419,7248,69043$85.64$2.98
Sep 20237,3137,32013,03711,88281$89.43$2.64
Aug 202310,14710,12920,50918,952204$81.39$2.58

Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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Nearby

This lease belongs to

OperatorVerdun Oil & Gas LLCFieldEagleville (Eagle Ford-1)CountyLa Salle County

Verdun Oil & Gas LLC in La Salle County

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