Oil & Gas Property in Madison County, TX
Key data points for Drake
| County | Madison County, TX |
|---|---|
| Production Dates | Jan 1993 - Jan 2025 |
| Total Oil Production | 394,296 BBLs |
| Total Gas Production | 624,189 MCF |
| Recent Oil Production | 964 BBLs in Dec 2024 |
| Recent Gas Production | 3,056 MCF in Dec 2024 |
| Wells on Property | 3 |
Our Valuation Estimates for Drake
ShaleAssessment™
$45,708 *
MarketMultiple™
$138,130 **
* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue
Based on a decimal interest
These are the closest 20 properties to the Drake property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Barrett | Madison County, TX | 984 BBLs | 1,794 MCF | Jan 2025 |
| Benelli | Madison County, TX | 384 BBLs | 59 MCF | Dec 2024 |
| Benelli (Allocation) | Madison County, TX | 396 BBLs | 164 MCF | Dec 2024 |
| Boenigk | Madison County, TX | 640 BBLs | 238 MCF | Dec 2024 |
| Cheryl Lind Fleming Unit (Alloc) | Madison County, TX | 433 BBLs | 565 MCF | Dec 2024 |
| Ellwood Barrett | Madison County, TX | 562 BBLs | 350 MCF | Jan 2025 |
| Floyd | Madison County, TX | 324 BBLs | 516 MCF | Jan 2025 |
| Gall | Madison County, TX | 309 BBLs | 289 MCF | Jan 2025 |
| Hibbetts | Madison County, TX | 950 BBLs | 357 MCF | Dec 2024 |
| Hibbetts (Allocation) | Madison County, TX | 576 BBLs | 334 MCF | Dec 2024 |
| Lenz - Theiss | Madison County, TX | 5,173 BBLs | 18,416 MCF | Dec 2024 |
| Leona Unit | Madison County, TX | 449 BBLs | 0 MCF | Jan 2025 |
| Leona-Howard (Allocation) | Madison County, TX | 1,836 BBLs | 795 MCF | Jan 2025 |
| Montana | Madison County, TX | 528 BBLs | 604 MCF | Dec 2024 |
| Moore Unit | Madison County, TX | 299 BBLs | 140 MCF | Jan 2025 |
| Panther (Allocation) | Madison County, TX | 312 BBLs | 1,750 MCF | Dec 2024 |
| Stillwagon | Madison County, TX | 439 BBLs | 2,849 MCF | Dec 2024 |
| Theiss | Madison County, TX | 203 BBLs | 790 MCF | Dec 2024 |
| Thomason | Madison County, TX | 958 BBLs | 1,163 MCF | Dec 2024 |
| Watson | Madison County, TX | 585 BBLs | 1,943 MCF | Jan 2025 |
These are the closest 20 companies operating near the Drake property.