Drake

Oil & Gas Property in Madison County, TX

Property Summary

Key data points for Drake

CountyMadison County, TX
Production DatesJan 1993 - Jan 2024
Total Oil Production382,150 BBLs
Total Gas Production584,556 MCF
Recent Oil Production806 BBLs in Dec 2023
Recent Gas Production2,682 MCF in Dec 2023
Wells on Property3

Our Valuation Estimates for Drake

ShaleAssessment

$63,013 *

MarketMultiple

$126,611 **

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

Based on a decimal interest

Drake Production Graph

Aggregated production of all wells and leases associated with this property
Subscribe for Full Access Subscribe now to gain immediate access
to oil and gas production for Drake
from Jan 1993 to Jan 2024

Wells on Drake

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-313-30331DRAKE L.A. 1SUMMIT RESOURCES MGMT., LLC.ProducingMadison County, TX30.897235-96.161638
42-313-30851DRAKE 1CML EXPLORATION, LLCProducingMadison County, TX30.903964-96.161850
42-313-31094DRAKE 2CML EXPLORATION, LLCProducingMadison County, TX30.900123-96.161511

Leases included in Drake

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
03-14468DRAKE, L.A.SUMMIT RESOURCES MGMT., LLC.Madison County, TX
03-25977DRAKECML EXPLORATION, LLCMadison County, TX

Nearby Properties

These are the closest 20 properties to the Drake property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
BarrettMadison County, TX1,205 BBLs2,029 MCFJan 2024
BenelliMadison County, TX521 BBLs0 MCFJan 2024
Benelli (Allocation)Madison County, TX424 BBLs5 MCFJan 2024
BoenigkMadison County, TX1,032 BBLs362 MCFJan 2024
Cheryl Lind Fleming Unit (Alloc)Madison County, TX511 BBLs920 MCFJan 2024
Ellwood BarrettMadison County, TX678 BBLs346 MCFJan 2024
FloydMadison County, TX344 BBLs612 MCFJan 2024
GallMadison County, TX387 BBLs387 MCFJan 2024
HibbettsMadison County, TX1,298 BBLs652 MCFJan 2024
Hibbetts (Allocation)Madison County, TX691 BBLs473 MCFJan 2024
Lenz - TheissMadison County, TX6,706 BBLs19,836 MCFJan 2024
Leona UnitMadison County, TX493 BBLs42 MCFJan 2024
Leona-Howard (Allocation)Madison County, TX2,483 BBLs665 MCFJan 2024
MachacMadison County, TX446 BBLs409 MCFJan 2024
MontanaMadison County, TX601 BBLs644 MCFJan 2024
Moore UnitMadison County, TX393 BBLs179 MCFJan 2024
StillwagonMadison County, TX419 BBLs4,852 MCFJan 2024
TheissMadison County, TX172 BBLs661 MCFJan 2024
ThomasonMadison County, TX1,089 BBLs2,646 MCFJan 2024
WatsonMadison County, TX681 BBLs2,265 MCFJan 2024

Owners of Drake

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2023CML EXPLORATION LLC (WI)DRAKE (01)(02)CML EXPLORATION LLC
2023CARTER LLOYDDRAKE (01)(02)CML EXPLORATION LLC
2023SUMMIT RESOURCESDRAKE (01)(02)CML EXPLORATION LLC
2023DRAKE CHARLES JR & WENDYDRAKE (01)(02)CML EXPLORATION LLC
2023KUYKENDOLL KINDT MILDREDDRAKE (01)(02)CML EXPLORATION LLC
2023MD AMERICA ENERGY LLC (RI/OR)DRAKE (01)(02)CML EXPLORATION LLC
2023CANNON SHIRLEY ANNDRAKE (01)(02)CML EXPLORATION LLC
2023DRAKE FLOYD WAYNEDRAKE (01)(02)CML EXPLORATION LLC
Displaying 8 of 98 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Drake

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
03-25977DRAKENov 2023SHELL TRADING (US) COMPANYCML EXPLORATION, LLC
03-25977DRAKENov 2023CML EXPLORATION, LLC
03-25977DRAKEOct 2023SHELL TRADING (US) COMPANYCML EXPLORATION, LLC
03-25977DRAKEOct 2023CML EXPLORATION, LLC
03-25977DRAKESep 2023SHELL TRADING (US) COMPANYCML EXPLORATION, LLC
03-25977DRAKESep 2023CML EXPLORATION, LLC
03-25977DRAKEAug 2023SHELL TRADING (US) COMPANYCML EXPLORATION, LLC
03-25977DRAKEAug 2023CML EXPLORATION, LLC
03-25977DRAKEJul 2023CML EXPLORATION, LLC
03-25977DRAKEJul 2023SHELL TRADING (US) COMPANYCML EXPLORATION, LLC
03-25977DRAKEJun 2023SHELL TRADING (US) COMPANYCML EXPLORATION, LLC
03-25977DRAKEJun 2023CML EXPLORATION, LLC
03-25977DRAKEMay 2023CML EXPLORATION, LLC
03-25977DRAKEMay 2023SHELL TRADING (US) COMPANYCML EXPLORATION, LLC
03-25977DRAKEApr 2023SHELL TRADING (US) COMPANYCML EXPLORATION, LLC
03-25977DRAKEApr 2023CML EXPLORATION, LLC
03-25977DRAKEMar 2023SHELL TRADING (US) COMPANYCML EXPLORATION, LLC
03-25977DRAKEMar 2023CML EXPLORATION, LLC
03-25977DRAKEFeb 2023CML EXPLORATION, LLC
03-25977DRAKEFeb 2023SHELL TRADING (US) COMPANYCML EXPLORATION, LLC
03-25977DRAKEJan 2023SHELL TRADING (US) COMPANYCML EXPLORATION, LLC
03-25977DRAKEJan 2023CML EXPLORATION, LLC
03-25977DRAKEDec 2022SHELL TRADING (US) COMPANYCML EXPLORATION, LLC
03-25977DRAKEDec 2022CML EXPLORATION, LLC
03-25977DRAKENov 2022SHELL TRADING (US) COMPANYCML EXPLORATION, LLC