Drake

Oil & Gas Property in Madison County, TX

Property Summary

Key data points for Drake

CountyMadison County, TX
Production DatesJan 1993 - Jan 2026
Total Oil Production404,053 BBLs
Total Gas Production659,592 MCF
Recent Oil Production756 BBLs in Dec 2025
Recent Gas Production2,636 MCF in Dec 2025
Wells on Property3

Our Valuation Estimates for Drake

ShaleAssessment

$38,930 *

MarketMultiple

$102,770 **

* 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 Jan 2026

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, TX791 BBLs1,514 MCFJan 2026
BenelliMadison County, TX443 BBLs0 MCFJan 2026
Benelli (Allocation)Madison County, TX432 BBLs728 MCFJan 2026
BoenigkMadison County, TX849 BBLs584 MCFJan 2026
Cheryl Lind Fleming Unit (Alloc)Madison County, TX522 BBLs688 MCFJan 2026
Ellwood BarrettMadison County, TX476 BBLs299 MCFJan 2026
FloydMadison County, TX292 BBLs479 MCFJan 2026
GallMadison County, TX316 BBLs282 MCFJan 2026
HibbettsMadison County, TX897 BBLs391 MCFJan 2026
Hibbetts (Allocation)Madison County, TX754 BBLs806 MCFJan 2026
Lenz - TheissMadison County, TX4,510 BBLs11,623 MCFJan 2026
Leona UnitMadison County, TX776 BBLs328 MCFJan 2026
Leona-Howard (Allocation)Madison County, TX1,304 BBLs213 MCFJan 2026
MontanaMadison County, TX468 BBLs863 MCFJan 2026
Moore UnitMadison County, TX530 BBLs239 MCFJan 2026
Shepherd Creek WBMadison County, TX261 BBLs1,248 MCFJan 2026
StillwagonMadison County, TX369 BBLs2,947 MCFJan 2026
TheissMadison County, TX245 BBLs491 MCFJan 2026
ThomasonMadison County, TX610 BBLs1,501 MCFDec 2025
WatsonMadison County, TX542 BBLs873 MCFJan 2026

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