Drake

Oil & Gas Property in Madison County, TX

Property Summary

Key data points for Drake

CountyMadison County, TX
Production DatesJan 1993 - Dec 2025
Total Oil Production403,355 BBLs
Total Gas Production657,347 MCF
Recent Oil Production760 BBLs in Nov 2025
Recent Gas Production2,489 MCF in Nov 2025
Wells on Property3

Our Valuation Estimates for Drake

ShaleAssessment

$39,393 *

MarketMultiple

$105,959 **

* 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 Dec 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, TX858 BBLs1,582 MCFDec 2025
BenelliMadison County, TX498 BBLs0 MCFNov 2025
Benelli (Allocation)Madison County, TX373 BBLs1,091 MCFNov 2025
BoenigkMadison County, TX852 BBLs605 MCFNov 2025
Cheryl Lind Fleming Unit (Alloc)Madison County, TX659 BBLs788 MCFNov 2025
Ellwood BarrettMadison County, TX470 BBLs296 MCFDec 2025
FloydMadison County, TX277 BBLs480 MCFDec 2025
GallMadison County, TX309 BBLs290 MCFDec 2025
HibbettsMadison County, TX857 BBLs443 MCFNov 2025
Hibbetts (Allocation)Madison County, TX774 BBLs783 MCFNov 2025
Lenz - TheissMadison County, TX4,066 BBLs11,985 MCFNov 2025
Leona UnitMadison County, TX801 BBLs341 MCFDec 2025
Leona-Howard (Allocation)Madison County, TX1,314 BBLs225 MCFDec 2025
MontanaMadison County, TX523 BBLs877 MCFNov 2025
Moore UnitMadison County, TX514 BBLs237 MCFDec 2025
Shepherd Creek WBMadison County, TX259 BBLs1,277 MCFNov 2025
StillwagonMadison County, TX223 BBLs2,151 MCFNov 2025
TheissMadison County, TX220 BBLs491 MCFNov 2025
ThomasonMadison County, TX932 BBLs1,774 MCFNov 2025
WatsonMadison County, TX237 BBLs733 MCFDec 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
2025CML EXPLORATION LLC (WI)DRAKE (01)(02)CML EXPLORATION LLC
2025CARTER LLOYDDRAKE (01)(02)CML EXPLORATION LLC
2025SUMMIT RESOURCESDRAKE (01)(02)CML EXPLORATION LLC
2025DRAKE CHARLES JR & WENDYDRAKE (01)(02)CML EXPLORATION LLC
2025KUYKENDOLL KINDT MILDREDDRAKE (01)(02)CML EXPLORATION LLC
2025MD AMERICA ENERGY LLC (RI/OR)DRAKE (01)(02)CML EXPLORATION LLC
2025CANNON SHIRLEY ANNDRAKE (01)(02)CML EXPLORATION LLC
2025DRAKE FLOYD WAYNEDRAKE (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
03-25977DRAKEDec 2025SHELL TRADING (US) COMPANYCML EXPLORATION, LLC
03-25977DRAKENov 2025SHELL TRADING (US) COMPANYCML EXPLORATION, LLC
03-25977DRAKENov 2025CML EXPLORATION, LLC
03-14468DRAKE, L.A.Oct 20254J ENERGY, LLCREDBUD E & P, INC.
03-25977DRAKEOct 2025SHELL TRADING (US) COMPANYCML EXPLORATION, LLC
03-25977DRAKEOct 2025CML EXPLORATION, LLC
03-25977DRAKESep 2025SHELL TRADING (US) COMPANYCML EXPLORATION, LLC
03-25977DRAKESep 2025CML EXPLORATION, LLC
03-25977DRAKEAug 2025CML EXPLORATION, LLC
03-25977DRAKEAug 2025SHELL TRADING (US) COMPANYCML EXPLORATION, LLC
03-25977DRAKEJul 2025SHELL TRADING (US) COMPANYCML EXPLORATION, LLC
03-25977DRAKEJul 2025CML EXPLORATION, LLC
03-25977DRAKEJun 2025SHELL TRADING (US) COMPANYCML EXPLORATION, LLC
03-25977DRAKEJun 2025CML EXPLORATION, LLC
03-14468DRAKE, L.A.Jun 20254J ENERGY, LLCREDBUD E & P, INC.
03-25977DRAKEMay 2025CML EXPLORATION, LLC
03-25977DRAKEMay 2025SHELL TRADING (US) COMPANYCML EXPLORATION, LLC
03-14468DRAKE, L.A.Apr 20254J ENERGY, LLCREDBUD E & P, INC.
03-25977DRAKEApr 2025SHELL TRADING (US) COMPANYCML EXPLORATION, LLC
03-25977DRAKEApr 2025CML EXPLORATION, LLC
03-25977DRAKEMar 2025CML EXPLORATION, LLC
03-25977DRAKEMar 2025SHELL TRADING (US) COMPANYCML EXPLORATION, LLC
03-25977DRAKEFeb 2025CML EXPLORATION, LLC
03-25977DRAKEFeb 2025SHELL TRADING (US) COMPANYCML EXPLORATION, LLC
03-14468DRAKE, L.A.Feb 2025STATEWIDE CRUDE INC.SUMMIT RESOURCES MANAGEMENT, LLC