Drake

Oil & Gas Property in Madison County, TX

Property Summary

Key data points for Drake

County,
Production DatesJan 1993 - Feb 2025
Total Oil Production395,016 BBLs
Total Gas Production626,515 MCF
Recent Oil Production921 BBLs in Jan 2025
Recent Gas Production2,932 MCF in Jan 2025
Wells on Property3

Our Valuation Estimates for Drake

ShaleAssessment

$45,160 *

MarketMultiple

$134,572 **

* 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
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to oil and gas production for Drake
from Jan 1993 to Feb 2025

Wells on Drake

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

Leases included in Drake

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
03-14468DRAKE, L.A.REDBUD E & P, INC.Madison County, TX
03-25977DRAKECML EXPLORATION, LLCMadison County, TX

Operators Associated With Drake

Nearby Properties

These are the closest 20 properties to the Drake property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
BarrettMadison County, TX993 BBLs1,719 MCFFeb 2025
BenelliMadison County, TX421 BBLs40 MCFJan 2025
Benelli (Allocation)Madison County, TX414 BBLs139 MCFJan 2025
BoenigkMadison County, TX730 BBLs249 MCFJan 2025
Cheryl Lind Fleming Unit (Alloc)Madison County, TX632 BBLs882 MCFJan 2025
Ellwood BarrettMadison County, TX541 BBLs329 MCFFeb 2025
FloydMadison County, TX333 BBLs501 MCFFeb 2025
GallMadison County, TX309 BBLs254 MCFFeb 2025
HibbettsMadison County, TX997 BBLs289 MCFJan 2025
Hibbetts (Allocation)Madison County, TX577 BBLs392 MCFJan 2025
Lenz - TheissMadison County, TX5,623 BBLs17,977 MCFJan 2025
Leona UnitMadison County, TX450 BBLs0 MCFFeb 2025
Leona-Howard (Allocation)Madison County, TX1,771 BBLs491 MCFFeb 2025
MontanaMadison County, TX504 BBLs609 MCFJan 2025
Moore UnitMadison County, TX520 BBLs269 MCFFeb 2025
Shepherd Creek WBMadison County, TX293 BBLs1,025 MCFFeb 2025
StillwagonMadison County, TX373 BBLs2,515 MCFJan 2025
TheissMadison County, TX184 BBLs664 MCFJan 2025
ThomasonMadison County, TX867 BBLs1,309 MCFJan 2025
WatsonMadison County, TX666 BBLs2,025 MCFFeb 2025

Companies in the Area

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

Company Name

Owners of Drake

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024CML EXPLORATION LLC (WI)DRAKE (01)(02)CML EXPLORATION LLC
2024CARTER LLOYDDRAKE (01)(02)CML EXPLORATION LLC
2024SUMMIT RESOURCESDRAKE (01)(02)CML EXPLORATION LLC
2024SUMMIT RESOURCESDRAKE L A (01)SUMMIT RESOURCES MGT
2024DRAKE CHARLES JR & WENDYDRAKE (01)(02)CML EXPLORATION LLC
2024KUYKENDOLL KINDT MILDREDDRAKE (01)(02)CML EXPLORATION LLC
2024MD AMERICA ENERGY LLC (RI/OR)DRAKE (01)(02)CML EXPLORATION LLC
2024CANNON SHIRLEY ANNDRAKE (01)(02)CML EXPLORATION LLC
Displaying 8 of 106 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
03-25977DRAKEOct 2024SHELL TRADING (US) COMPANYCML EXPLORATION, LLC
03-25977DRAKESep 2024SHELL TRADING (US) COMPANYCML EXPLORATION, LLC
03-25977DRAKESep 2024CML EXPLORATION, LLC
03-25977DRAKEAug 2024SHELL TRADING (US) COMPANYCML EXPLORATION, LLC
03-25977DRAKEAug 2024CML EXPLORATION, LLC
03-25977DRAKEJul 2024SHELL TRADING (US) COMPANYCML EXPLORATION, LLC
03-25977DRAKEJul 2024CML EXPLORATION, LLC
03-25977DRAKEJun 2024SHELL TRADING (US) COMPANYCML EXPLORATION, LLC
03-25977DRAKEJun 2024CML EXPLORATION, LLC
03-25977DRAKEMay 2024SHELL TRADING (US) COMPANYCML EXPLORATION, LLC
03-25977DRAKEMay 2024CML EXPLORATION, LLC
03-25977DRAKEApr 2024SHELL TRADING (US) COMPANYCML EXPLORATION, LLC
03-25977DRAKEApr 2024CML EXPLORATION, LLC
03-25977DRAKEMar 2024CML EXPLORATION, LLC
03-25977DRAKEMar 2024SHELL TRADING (US) COMPANYCML EXPLORATION, LLC
03-14468DRAKE, L.A.Mar 2024STATEWIDE CRUDE INC.SUMMIT RESOURCES MANAGEMENT, LLC
03-25977DRAKEFeb 2024SHELL TRADING (US) COMPANYCML EXPLORATION, LLC
03-25977DRAKEFeb 2024CML EXPLORATION, LLC
03-25977DRAKEJan 2024SHELL TRADING (US) COMPANYCML EXPLORATION, LLC
03-25977DRAKEJan 2024CML EXPLORATION, LLC
03-25977DRAKEDec 2023CML EXPLORATION, LLC
03-25977DRAKEDec 2023SHELL TRADING (US) COMPANYCML EXPLORATION, LLC
03-25977DRAKENov 2023SHELL TRADING (US) COMPANYCML EXPLORATION, LLC
03-25977DRAKENov 2023CML EXPLORATION, LLC
03-25977DRAKEOct 2023CML EXPLORATION, LLC