Drake

Oil & Gas Property in Madison County, TX

Property Summary

Key data points for Drake

CountyMadison County, TX
Production DatesJan 1993 - Oct 2025
Total Oil Production401,839 BBLs
Total Gas Production652,222 MCF
Recent Oil Production795 BBLs in Sep 2025
Recent Gas Production2,887 MCF in Sep 2025
Wells on Property3

Our Valuation Estimates for Drake

ShaleAssessment

$40,601 *

MarketMultiple

$113,249 **

* 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 Oct 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, TX838 BBLs1,679 MCFOct 2025
BenelliMadison County, TX487 BBLs0 MCFSep 2025
Benelli (Allocation)Madison County, TX383 BBLs698 MCFSep 2025
BoenigkMadison County, TX796 BBLs560 MCFSep 2025
Cheryl Lind Fleming Unit (Alloc)Madison County, TX360 BBLs641 MCFSep 2025
Ellwood BarrettMadison County, TX485 BBLs394 MCFOct 2025
FloydMadison County, TX266 BBLs511 MCFOct 2025
GallMadison County, TX302 BBLs318 MCFOct 2025
HibbettsMadison County, TX877 BBLs405 MCFSep 2025
Hibbetts (Allocation)Madison County, TX704 BBLs561 MCFSep 2025
Lenz - TheissMadison County, TX3,891 BBLs13,412 MCFSep 2025
Leona UnitMadison County, TX957 BBLs449 MCFOct 2025
Leona-Howard (Allocation)Madison County, TX1,348 BBLs205 MCFOct 2025
MontanaMadison County, TX428 BBLs868 MCFSep 2025
Moore UnitMadison County, TX509 BBLs254 MCFOct 2025
Shepherd Creek WBMadison County, TX254 BBLs1,060 MCFSep 2025
StillwagonMadison County, TX239 BBLs2,270 MCFSep 2025
TheissMadison County, TX127 BBLs398 MCFSep 2025
ThomasonMadison County, TX892 BBLs3,095 MCFSep 2025
WatsonMadison County, TX449 BBLs1,363 MCFOct 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
03-25977DRAKEApr 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