Drake

Oil & Gas Property in Madison County, TX

Property Summary

Key data points for Drake

CountyMadison County, TX
Production DatesJan 1993 - Apr 2025
Total Oil Production396,810 BBLs
Total Gas Production633,390 MCF
Recent Oil Production912 BBLs in Mar 2025
Recent Gas Production3,419 MCF in Mar 2025
Wells on Property3

Our Valuation Estimates for Drake

ShaleAssessment

$44,050 *

MarketMultiple

$128,246 **

* 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 Apr 2025

Wells on Drake

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-313-30331DRAKE L.A. 1REDBUD E & P, INC.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.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, TX967 BBLs1,753 MCFApr 2025
BenelliMadison County, TX581 BBLs0 MCFMar 2025
Benelli (Allocation)Madison County, TX404 BBLs435 MCFMar 2025
BoenigkMadison County, TX627 BBLs536 MCFMar 2025
Cheryl Lind Fleming Unit (Alloc)Madison County, TX526 BBLs889 MCFMar 2025
Ellwood BarrettMadison County, TX533 BBLs316 MCFApr 2025
FloydMadison County, TX317 BBLs500 MCFApr 2025
GallMadison County, TX308 BBLs272 MCFApr 2025
HibbettsMadison County, TX812 BBLs279 MCFMar 2025
Hibbetts (Allocation)Madison County, TX508 BBLs594 MCFMar 2025
Lenz - TheissMadison County, TX5,526 BBLs18,572 MCFMar 2025
Leona UnitMadison County, TX469 BBLs0 MCFApr 2025
Leona-Howard (Allocation)Madison County, TX1,747 BBLs763 MCFApr 2025
MontanaMadison County, TX505 BBLs1,037 MCFMar 2025
Moore UnitMadison County, TX545 BBLs251 MCFApr 2025
Shepherd Creek WBMadison County, TX268 BBLs1,093 MCFMar 2025
StillwagonMadison County, TX435 BBLs5,005 MCFMar 2025
TheissMadison County, TX222 BBLs445 MCFMar 2025
ThomasonMadison County, TX712 BBLs1,500 MCFMar 2025
WatsonMadison County, TX631 BBLs2,441 MCFApr 2025

Frac'ing activity on Drake

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-313-31094Drake 2

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
03-25977DRAKEApr 2025SHELL TRADING (US) COMPANYCML EXPLORATION, LLC
03-14468DRAKE, L.A.Apr 20254J ENERGY, LLCREDBUD E & P, INC.
03-25977DRAKEMar 2025SHELL TRADING (US) COMPANYCML EXPLORATION, LLC
03-14468DRAKE, L.A.Feb 2025STATEWIDE CRUDE INC.SUMMIT RESOURCES MANAGEMENT, LLC
03-25977DRAKEFeb 2025SHELL TRADING (US) COMPANYCML EXPLORATION, LLC
03-25977DRAKEFeb 2025CML EXPLORATION, LLC
03-25977DRAKEJan 2025CML EXPLORATION, LLC
03-25977DRAKEJan 2025SHELL TRADING (US) COMPANYCML EXPLORATION, LLC
03-25977DRAKEDec 2024CML EXPLORATION, LLC
03-25977DRAKEDec 2024SHELL TRADING (US) COMPANYCML EXPLORATION, LLC
03-25977DRAKENov 2024SHELL TRADING (US) COMPANYCML EXPLORATION, LLC
03-25977DRAKENov 2024CML EXPLORATION, LLC
03-25977DRAKEOct 2024CML EXPLORATION, LLC
03-25977DRAKEOct 2024SHELL TRADING (US) COMPANYCML EXPLORATION, LLC
03-25977DRAKESep 2024CML EXPLORATION, LLC
03-25977DRAKESep 2024SHELL TRADING (US) COMPANYCML 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 2024CML EXPLORATION, LLC
03-25977DRAKEMay 2024SHELL TRADING (US) COMPANYCML EXPLORATION, LLC
03-25977DRAKEApr 2024SHELL TRADING (US) COMPANYCML EXPLORATION, LLC