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Texas oil lease

Producing

HANKS-MARTIN E

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

1 well

21,117bbl oil, last 12 months−29% vs prior year
RRC lease
01-21304

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Where it sits

This county

La Salle CountyLa SalleZavalaAtascosaMcMullenDimmitFrioLa Salle County
La Salle County
Gas, last 12 months
21,618 mcf
Oil in Jul 2026
1,284 bbl

Production by month

Oil output fell 29% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 29% over the last 12 monthsMonthly oil production and gas for HANKS-MARTIN E, Aug 2023 to Jul 2026. Oil output fell 29% over the last 12 months. 21,117 bbl in the 12 months through Jul 2026, against 29,951 bbl in the 12 months before.Last 12 months: 21,117 bblbbl per monthmcf per month002,5005,0005,00010k7,50015k10k20kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 29% over the last 12 monthsMonthly oil production and gas for HANKS-MARTIN E, Aug 2023 to Jul 2026. Oil output fell 29% over the last 12 months. 21,117 bbl in the 12 months through Jul 2026, against 29,951 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002,5005,0005,00010k7,50015k10k20kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Feb 2025 the lease's gas goes to a transmission line instead of lease fuel

Flaring peaked at 3.6% of the gas in Oct 2024.

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
Since Feb 2025 the lease's gas goes to a transmission line instead of lease fuelShare of HANKS-MARTIN E gas by disposition code each month, Aug 2023 to Jul 2026. Since Feb 2025 the lease's gas goes to a transmission line instead of lease fuel. Flaring peaked at 3.6% of the gas in Oct 2024.Share of the lease’s gas by disposition code, per month0%50%100%Feb 2025: fuel to lineFlared 3.6%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Feb 2025 the lease's gas goes to a transmission line instead of lease fuelShare of HANKS-MARTIN E gas by disposition code each month, Aug 2023 to Jul 2026. Since Feb 2025 the lease's gas goes to a transmission line instead of lease fuel. Flaring peaked at 3.6% of the gas in Oct 2024.Share of gas by disposition code0%50%100%Feb 25: fuel to lineFlared 3.6%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    71% · 15,444 mcf

  • Lease fuel (1)

    27% · 5,845 mcf

  • Flared (4)

    1.5% · 329 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 E
API numberWell no.Status
42-283-372435HActive

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).

3,848.82 acres on the newest permit

An allocation well is on this lease

Permits for Hanks-Martin E
API numberWell no.Acreson the permit
42-283-372435H3,848.82

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

Estimate your royalty

36 months, newest first

Ledger for HANKS-MARTIN E
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20261,2841,2891,4091,07314$80.46$2.89
Jun 20261,7731,7611,8901,5165$84.81$3.15
May 20261,6191,6671,15690110$102.13$2.94
Apr 20261,7121,6761,4621,14029$100.32$2.77
Mar 20261,5771,5731,11887823$91.38$3.04
Feb 20261,5711,5871,36583813$64.51$3.62
Jan 20262,3662,3661,6971,1169$60.04$7.72
Dec 20252,2602,2392,0481,42931$57.97$4.26
Nov 20251,7631,7642,1801,54348$60.06$3.79
Oct 20251,7221,7092,2601,55913$60.89$3.19
Sep 20251,7161,7372,9842,17793$63.96$2.97
Aug 20251,7541,7592,0491,27441$64.86$2.91
Jul 20252,1892,1841,9471,21429$68.39$3.20
Jun 20252,3852,3922,2221,48118$68.17$3.02
May 20252,8382,8413,3872,494100$62.17$3.12
Apr 20252,7382,7314,4803,57870$63.54$3.42
Mar 20252,1962,2313,5032,68139$68.24$4.12
Feb 20252,8342,8023,2952,46460$71.53$4.19
Jan 20251,8761,862740955$75.74$4.13
Dec 20242,3102,3881,12946336$70.12$3.01
Nov 20242,5372,4791,55989722$69.95$2.12
Oct 20242,5742,5501,45275952$71.99$2.20
Sep 20242,7052,7001,6461,0107$70.24$2.28
Aug 20242,7692,7591,62897815$76.68$1.99
Jul 20243,2773,3001,9941,3380$81.80$2.07
Jun 20243,0393,0412,2641,6041$79.77$2.54
May 20243,4593,4522,4011,77413$80.02$2.12
Apr 20243,1143,1333,2112,4947$85.35$1.60
Mar 20243,6543,6824,2773,49511$81.28$1.49
Feb 20244,2294,1805,3754,60112$77.25$1.72
Jan 20244,2194,2096,0935,20042$74.15$3.18
Dec 20234,3714,4095,2804,48714$71.90$2.52
Nov 20235,2195,2276,0145,12517$77.69$2.71
Oct 20236,9056,8998,4637,38637$85.64$2.98
Sep 20236,5386,54810,2599,13363$89.43$2.64
Aug 20239,4929,48517,16915,660170$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

Verdun Oil & Gas LLC in La Salle County

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Eagleville (Eagle Ford-1) field

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