Drake

Oil & Gas Property in Madison County, TX

Property Summary

Key data points for Drake

CountyMadison County, TX
Production DatesJan 1993 - Dec 2024
Total Oil Production393,383 BBLs
Total Gas Production621,257 MCF
Recent Oil Production902 BBLs in Nov 2024
Recent Gas Production3,032 MCF in Nov 2024
Wells on Property3

Our Valuation Estimates for Drake

ShaleAssessment

$46,251 *

MarketMultiple

$134,607 **

* 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 2024

Wells on Drake

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-313-30331DRAKE L.A. 1SUMMIT RESOURCES MGMT., LLC.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.SUMMIT RESOURCES MGMT., LLC.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, TX982 BBLs1,795 MCFDec 2024
BenelliMadison County, TX496 BBLs0 MCFNov 2024
Benelli (Allocation)Madison County, TX419 BBLs174 MCFNov 2024
BoenigkMadison County, TX743 BBLs267 MCFNov 2024
Cheryl Lind Fleming Unit (Alloc)Madison County, TX414 BBLs529 MCFNov 2024
Ellwood BarrettMadison County, TX555 BBLs382 MCFDec 2024
FloydMadison County, TX312 BBLs539 MCFDec 2024
GallMadison County, TX307 BBLs296 MCFDec 2024
HibbettsMadison County, TX935 BBLs328 MCFNov 2024
Hibbetts (Allocation)Madison County, TX582 BBLs162 MCFNov 2024
Lenz - TheissMadison County, TX4,943 BBLs17,860 MCFNov 2024
Leona UnitMadison County, TX435 BBLs0 MCFDec 2024
Leona-Howard (Allocation)Madison County, TX2,087 BBLs932 MCFDec 2024
MontanaMadison County, TX492 BBLs480 MCFNov 2024
Moore UnitMadison County, TX385 BBLs181 MCFDec 2024
Shepherd Creek WBMadison County, TX249 BBLs1,098 MCFNov 2024
StillwagonMadison County, TX351 BBLs2,779 MCFNov 2024
TheissMadison County, TX233 BBLs767 MCFNov 2024
ThomasonMadison County, TX786 BBLs1,019 MCFNov 2024
WatsonMadison County, TX658 BBLs1,992 MCFDec 2024

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
03-25977DRAKEOct 2024SHELL TRADING (US) COMPANYCML EXPLORATION, LLC
03-25977DRAKESep 2024SHELL TRADING (US) COMPANYCML EXPLORATION, LLC
03-25977DRAKESep 2024CML 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 2024SHELL TRADING (US) COMPANYCML EXPLORATION, LLC
03-25977DRAKEMay 2024CML EXPLORATION, LLC
03-25977DRAKEApr 2024SHELL TRADING (US) COMPANYCML EXPLORATION, LLC
03-25977DRAKEApr 2024CML EXPLORATION, LLC
03-25977DRAKEMar 2024CML EXPLORATION, LLC
03-25977DRAKEMar 2024SHELL TRADING (US) COMPANYCML EXPLORATION, LLC
03-14468DRAKE, L.A.Mar 2024STATEWIDE CRUDE INC.SUMMIT RESOURCES MANAGEMENT, LLC
03-25977DRAKEFeb 2024SHELL TRADING (US) COMPANYCML EXPLORATION, LLC
03-25977DRAKEFeb 2024CML EXPLORATION, LLC
03-25977DRAKEJan 2024SHELL TRADING (US) COMPANYCML EXPLORATION, LLC
03-25977DRAKEJan 2024CML EXPLORATION, LLC
03-25977DRAKEDec 2023CML EXPLORATION, LLC
03-25977DRAKEDec 2023SHELL TRADING (US) COMPANYCML EXPLORATION, LLC
03-25977DRAKENov 2023SHELL TRADING (US) COMPANYCML EXPLORATION, LLC
03-25977DRAKENov 2023CML EXPLORATION, LLC
03-25977DRAKEOct 2023CML EXPLORATION, LLC