Drake

Oil & Gas Property in Culberson County, TX

Property Summary

Key data points for Drake

CountyCulberson County, TX
OperatorCONOCOPHILLIPS COMPANY
Production DatesMar 2024 - Sep 2024
Total Oil Production368,063 BBLs
Total Gas Production4,623,154 MCF
Recent Oil Production50,990 BBLs in Aug 2024
Recent Gas Production792,529 MCF in Aug 2024
Wells on Property4

Our Valuation Estimates for Drake

ShaleAssessment

Not Available

MarketMultiple

$6,855,301 **

* 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 Mar 2024 to Sep 2024

Wells on Drake

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-109-32843DRAKE WC 4001HCONOCOPHILLIPS COMPANYProducingCulberson County, TX31.910808-104.078266
42-109-34038DRAKE UNIT 801HCONOCOPHILLIPS COMPANYHorizontal Well Surface LocatioCulberson County, TX31.924450-104.064752
42-109-34039DRAKE UNIT 802HCONOCOPHILLIPS COMPANYHorizontal Well Surface LocatioCulberson County, TX31.924380-104.064805
42-109-34040DRAKE UNIT 803HCONOCOPHILLIPS COMPANYHorizontal Well Surface LocatioCulberson County, TX31.924311-104.064857

Leases included in Drake

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-279856DRAKE WC 4001HCONOCOPHILLIPS COMPANYCulberson County, TX

Nearby Properties

These are the closest 20 properties to the Drake property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Aldrin State Unit 282Culberson County, TX1,656 BBLs33,256 MCFSep 2024
ArmstrongCulberson County, TX616 BBLs28,408 MCFSep 2024
CondorCulberson County, TX0 BBLs0 MCFApr 2023
CulbersonCulberson County, TX10 BBLs0 MCFSep 2024
Eagle 3Culberson County, TX0 BBLs0 MCFFeb 2023
Falcon 27Culberson County, TX379 BBLs0 MCFSep 2024
Falcon 39Culberson County, TX0 BBLs0 MCFMar 2020
GlennCulberson County, TX3,302 BBLs54,773 MCFSep 2024
Hawkins-GrubbCulberson County, TX229 BBLs0 MCFSep 2024
Hay Bowen 29/32 00Culberson County, TX24,412 BBLs486,533 MCFSep 2024
Hay MartinCulberson County, TX148,452 BBLs1,555,056 MCFSep 2024
Hay MatthewCulberson County, TX48,787 BBLs252,425 MCFSep 2024
Hold Em WC 220Culberson County, TX11,134 BBLs102,390 MCFSep 2024
Meeker BillCulberson County, TX120 BBLs0 MCFAug 2024
MockingbirdCulberson County, TX10,829 BBLs73,687 MCFSep 2024
Pintail 39Culberson County, TX233 BBLs0 MCFSep 2024
RamseyCulberson County, TX1,270 BBLs1 MCFSep 2024
RaptorCulberson County, TX642 BBLs0 MCFSep 2024
Texaco FeeCulberson County, TX0 BBLs0 MCFOct 2015
Tiger 35Culberson County, TX39 BBLs0 MCFAug 2024

Frac'ing activity on Drake

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-109-34038DRAKE UNIT 801H
42-109-34039Drake Unit 802H
42-109-34040DRAKE UNIT 803H

Owners of Drake

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024HAWKINS H L JR INCDRAKE WCCONOCOPHILLIPS COMP
2024CONOCOPHILLIPS COMPANYDRAKE WCCONOCOPHILLIPS COMP

Oil & Gas Sales on Drake

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-279856DRAKE WC 4001HJul 2024SALT CREEK MIDSTREAM, LLCCONOCOPHILLIPS COMPANY
08-279856DRAKE WC 4001HJul 2024DELAWARE BASIN MIDSTREAM LLCCONOCOPHILLIPS COMPANY
08-279856DRAKE WC 4001HJul 2024DELAWARE BASIN MIDSTREAM LLCCONOCOPHILLIPS COMPANY
08-279856DRAKE WC 4001HJul 2024TARGA MIDSTREAM SERVICES LLCCONOCOPHILLIPS COMPANY
08-279856DRAKE WC 4001HJul 2024CONOCOPHILLIPS COMPANYCONOCOPHILLIPS COMPANY
08-279856DRAKE WC 4001HJul 2024CONOCOPHILLIPS COMPANYCONOCOPHILLIPS COMPANY
08-279856DRAKE WC 4001HJun 2024SALT CREEK MIDSTREAM, LLCCONOCOPHILLIPS COMPANY
08-279856DRAKE WC 4001HJun 2024DELAWARE BASIN MIDSTREAM LLCCONOCOPHILLIPS COMPANY
08-279856DRAKE WC 4001HJun 2024DELAWARE BASIN MIDSTREAM LLCCONOCOPHILLIPS COMPANY
08-279856DRAKE WC 4001HJun 2024TARGA MIDSTREAM SERVICES LLCCONOCOPHILLIPS COMPANY
08-279856DRAKE WC 4001HJun 2024CONOCOPHILLIPS COMPANYCONOCOPHILLIPS COMPANY
08-279856DRAKE WC 4001HJun 2024CONOCOPHILLIPS COMPANYCONOCOPHILLIPS COMPANY
08-279856DRAKE WC 4001HMay 2024SALT CREEK MIDSTREAM, LLCCONOCOPHILLIPS COMPANY
08-279856DRAKE WC 4001HMay 2024DELAWARE BASIN MIDSTREAM LLCCONOCOPHILLIPS COMPANY
08-279856DRAKE WC 4001HMay 2024DELAWARE BASIN MIDSTREAM LLCCONOCOPHILLIPS COMPANY
08-279856DRAKE WC 4001HMay 2024TARGA MIDSTREAM SERVICES LLCCONOCOPHILLIPS COMPANY
08-279856DRAKE WC 4001HMay 2024CONOCOPHILLIPS COMPANYCONOCOPHILLIPS COMPANY
08-279856DRAKE WC 4001HMay 2024CONOCOPHILLIPS COMPANYCONOCOPHILLIPS COMPANY
08-279856DRAKE WC 4001HApr 2024SALT CREEK MIDSTREAM, LLCCONOCOPHILLIPS COMPANY
08-279856DRAKE WC 4001HApr 2024DELAWARE BASIN MIDSTREAM LLCCONOCOPHILLIPS COMPANY
08-279856DRAKE WC 4001HApr 2024DELAWARE BASIN MIDSTREAM LLCCONOCOPHILLIPS COMPANY
08-279856DRAKE WC 4001HApr 2024TARGA MIDSTREAM SERVICES LLCCONOCOPHILLIPS COMPANY
08-279856DRAKE WC 4001HApr 2024CONOCOPHILLIPS COMPANYCONOCOPHILLIPS COMPANY
08-279856DRAKE WC 4001HApr 2024CONOCOPHILLIPS COMPANYCONOCOPHILLIPS COMPANY
08-279856DRAKE WC 4001HMar 2024SALT CREEK MIDSTREAM, LLCCONOCOPHILLIPS COMPANY