Drake Unit

Oil & Gas Property in Culberson County, TX

  2. Texas
  3. Culberson County, TX
  4. Oil & Gas Properties in Culberson County, TX
  5. Drake Unit Oil & Gas Property

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Property Summary

Key data points for Drake Unit

County,
OperatorCONOCOPHILLIPS COMPANY
Production DatesApr 2016 - Feb 2025
Total Oil Production917,944 BBLs
Total Gas Production8,796,961 MCF
Recent Oil Production28,757 BBLs in Jan 2025
Recent Gas Production513,924 MCF in Jan 2025
Wells on Property4

Our Valuation Estimates for Drake Unit

ShaleAssessment™

Not Available

MarketMultiple™

$8,182,101 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Drake Unit Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Drake Unit
from Apr 2016 to Feb 2025

Wells on Drake Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
Unknown,
Unknown,
Unknown,
Unknown,

Leases included in Drake Unit

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-279856DRAKE UNIT 4001HCONOCOPHILLIPS COMPANYCulberson County, TX
08-298509DRAKE UNIT 801HCONOCOPHILLIPS COMPANYCulberson County, TX
08-298549DRAKE UNIT 803HCONOCOPHILLIPS COMPANYCulberson County, TX
08-298559DRAKE UNIT 802HCONOCOPHILLIPS COMPANYCulberson County, TX

Nearby Properties

These are the closest 20 properties to the Drake Unit property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Aldrin State Unit 282Culberson County, TX0 BBLs0 MCFFeb 2025
ArmstrongCulberson County, TX0 BBLs1,418 MCFFeb 2025
CondorCulberson County, TX0 BBLs0 MCFApr 2023
CulbersonCulberson County, TX261 BBLs0 MCFFeb 2025
Eagle 3Culberson County, TX0 BBLs0 MCFFeb 2023
Falcon 27Culberson County, TX0 BBLs0 MCFDec 2024
Falcon 39Culberson County, TX0 BBLs0 MCFMar 2020
GlennCulberson County, TX1,713 BBLs24,626 MCFFeb 2025
Hawkins-GrubbCulberson County, TX0 BBLs0 MCFDec 2024
Hay Bowen 29/32 00Culberson County, TX28,254 BBLs454,572 MCFFeb 2025
Hay MartinCulberson County, TX75,396 BBLs886,116 MCFFeb 2025
Hay MatthewCulberson County, TX40,160 BBLs220,776 MCFFeb 2025
Hold Em WC 220Culberson County, TX9,011 BBLs85,187 MCFFeb 2025
Meeker BillCulberson County, TX0 BBLs0 MCFAug 2024
MockingbirdCulberson County, TX12,498 BBLs78,834 MCFFeb 2025
Pintail 39Culberson County, TX384 BBLs0 MCFFeb 2025
RamseyCulberson County, TX1,170 BBLs0 MCFFeb 2025
RaptorCulberson County, TX811 BBLs0 MCFFeb 2025
Texaco FeeCulberson County, TX0 BBLs0 MCFOct 2015
Tiger 35Culberson County, TX0 BBLs0 MCFNov 2024

Companies in the Area

These are the closest 0 companies operating near the Drake Unit property.

Company Name

Owners of Drake Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024HAWKINS H L JR INCDRAKE WCCONOCOPHILLIPS COMP
2024CONOCOPHILLIPS COMPANYDRAKE WCCONOCOPHILLIPS COMP

Oil & Gas Sales on Drake Unit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-279856DRAKE UNIT 4001HOct 2024DELAWARE BASIN MIDSTREAM LLCCONOCOPHILLIPS COMPANY
08-279856DRAKE UNIT 4001HOct 2024DELAWARE BASIN MIDSTREAM LLCCONOCOPHILLIPS COMPANY
08-279856DRAKE UNIT 4001HOct 2024TARGA MIDSTREAM SERVICES LLCCONOCOPHILLIPS COMPANY
08-279856DRAKE UNIT 4001HOct 2024CONOCOPHILLIPS COMPANYCONOCOPHILLIPS COMPANY
08-279856DRAKE UNIT 4001HOct 2024CONOCOPHILLIPS COMPANYCONOCOPHILLIPS COMPANY
08-279856DRAKE UNIT 4001HOct 2024SALT CREEK MIDSTREAM, LLCCONOCOPHILLIPS COMPANY
08-279856DRAKE UNIT 4001HSep 2024TARGA MIDSTREAM SERVICES LLCCONOCOPHILLIPS COMPANY
08-279856DRAKE UNIT 4001HSep 2024CONOCOPHILLIPS COMPANYCONOCOPHILLIPS COMPANY
08-279856DRAKE UNIT 4001HSep 2024CONOCOPHILLIPS COMPANYCONOCOPHILLIPS COMPANY
08-279856DRAKE UNIT 4001HSep 2024DELAWARE BASIN MIDSTREAM LLCCONOCOPHILLIPS COMPANY
08-279856DRAKE UNIT 4001HSep 2024DELAWARE BASIN MIDSTREAM LLCCONOCOPHILLIPS COMPANY
08-279856DRAKE UNIT 4001HAug 2024CONOCOPHILLIPS COMPANYCONOCOPHILLIPS COMPANY
08-279856DRAKE UNIT 4001HAug 2024CONOCOPHILLIPS COMPANYCONOCOPHILLIPS COMPANY
08-279856DRAKE UNIT 4001HAug 2024DELAWARE BASIN MIDSTREAM LLCCONOCOPHILLIPS COMPANY
08-279856DRAKE UNIT 4001HAug 2024TARGA MIDSTREAM SERVICES LLCCONOCOPHILLIPS COMPANY
08-279856DRAKE UNIT 4001HAug 2024DELAWARE BASIN MIDSTREAM LLCCONOCOPHILLIPS COMPANY
08-279856DRAKE UNIT 4001HAug 2024SALT CREEK MIDSTREAM, LLCCONOCOPHILLIPS COMPANY
08-279856DRAKE UNIT 4001HJul 2024CONOCOPHILLIPS COMPANYCONOCOPHILLIPS COMPANY
08-279856DRAKE UNIT 4001HJul 2024CONOCOPHILLIPS COMPANYCONOCOPHILLIPS COMPANY
08-279856DRAKE UNIT 4001HJul 2024DELAWARE BASIN MIDSTREAM LLCCONOCOPHILLIPS COMPANY
08-279856DRAKE UNIT 4001HJul 2024DELAWARE BASIN MIDSTREAM LLCCONOCOPHILLIPS COMPANY
08-279856DRAKE UNIT 4001HJul 2024SALT CREEK MIDSTREAM, LLCCONOCOPHILLIPS COMPANY
08-279856DRAKE UNIT 4001HJul 2024TARGA MIDSTREAM SERVICES LLCCONOCOPHILLIPS COMPANY
08-279856DRAKE UNIT 4001HJun 2024CONOCOPHILLIPS COMPANYCONOCOPHILLIPS COMPANY
08-279856DRAKE UNIT 4001HJun 2024CONOCOPHILLIPS COMPANYCONOCOPHILLIPS COMPANY