Yes we do, but it's only a hypothesis. This was part of my PhD dissertation and one of my committee members is the world's expert on this topic. His name is Gerald (Jerry) Dickens. We believe this happened approximately 55 million years ago during an event called the Paleocene Eocene Thermal Maximum (PETM), an extreme global warming event. I've published a couple papers on this topic.
The way this works is, we run a computer model and try to come up with a scenario which matches the observations from that time period the best. And seems like the extreme warning that happened during the PETM was likely due to methane hydrate dissociation. I can link a few scientific papers if anyone is interested.