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Texas oil lease

Producing

DRAKE

Drake is an oil lease in Madison County, Texas, operated by CML Exploration, LLC in the Madisonville, W. (Woodbine -A-) field.

2 wells

8,477bbl oil, last 12 months−20% vs prior year
Operator
CML Exploration, LLC
County
Madison County
Field
Madisonville, W. (Woodbine -A-)
RRC lease
03-25977

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Where it sits

This county

Madison CountyMadisonWalkerLimestoneHoustonLeonBrazosRobertsonMadison County
Madison County
Gas, last 12 months
28,430 mcf
Oil in Jul 2026
731 bbl

Production by month

Oil output fell 20% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 20% over the last 12 monthsMonthly oil production and gas for DRAKE, Aug 2023 to Jul 2026. Oil output fell 20% over the last 12 months. 8,477 bbl in the 12 months through Jul 2026, against 10,535 bbl in the 12 months before.Last 12 months: 8,477 bblbbl per monthmcf per month002501,0005002,0007503,0001,0004,0001,2505,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 20% over the last 12 monthsMonthly oil production and gas for DRAKE, Aug 2023 to Jul 2026. Oil output fell 20% over the last 12 months. 8,477 bbl in the 12 months through Jul 2026, against 10,535 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002501,0005002,0007503,0001,0004,0001,2505,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to a transmission line in the last 12 months

All of the gas went to a transmission line in the last 12 monthsShare of DRAKE gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a transmission line in the last 12 monthsShare of DRAKE gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line in the last 12 months.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

2 wells on this lease

Wells on DRAKE
API numberWell no.Status
42-313-308511Active
42-313-310942Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Shell Trading (Us) CompanyOilGathers100Apr 1, 2016–
Et Gathering & Processing LLCCasinghead gasBuys100Nov 1, 2023–
Wildfire Energy Midstream LLCCasinghead gasGathers100Aug 1, 2022–
Etc Texas P/L, LTDCasinghead gasBuys100Aug 1, 2022Nov 1, 2023
Energy Transfer CompanyCasinghead gasGathers100Jul 18, 2014Aug 1, 2022
Sei Energy, LLCCasinghead gasBuys100Jan 1, 2011Aug 1, 2022

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

Who buys my oilOil price check

549.02 acres on the newest permit

Permits for Drake
API numberWell no.Acreson the permit
42-313-310942549.02
42-313-308511549.02

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

Unit decimal checker

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36 months, newest first

Ledger for DRAKE
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20267315542,1432,1430$80.46$2.89
Jun 20266437502,0452,0450$84.81$3.15
May 20267417342,0782,0780$102.13$2.94
Apr 20267087462,3472,3470$100.32$2.77
Mar 20266997512,6952,6950$91.38$3.04
Feb 20266707519849840$64.51$3.62
Jan 20266915582,2452,2450$60.04$7.72
Dec 20257297502,6362,6360$57.97$4.26
Nov 20257097382,4892,4890$60.06$3.79
Oct 20257307532,8942,8940$60.89$3.19
Sep 20257407622,8872,8870$63.96$2.97
Aug 20256867352,9872,9870$64.86$2.91
Jul 20258557353,1633,1630$68.39$3.20
Jun 20259329423,3093,3090$68.17$3.02
May 20257537473,5923,5920$62.17$3.12
Apr 20258099433,4563,4560$63.54$3.42
Mar 20258159233,4193,4190$68.24$4.12
Feb 20257485732,3262,3260$71.53$4.19
Jan 20259139772,9322,9320$75.74$4.13
Dec 20249419483,0563,0560$70.12$3.01
Nov 20248769573,0323,0320$69.95$2.12
Oct 20249449363,2113,2110$71.99$2.20
Sep 20249567673,1953,1950$70.24$2.28
Aug 20249931,1203,3793,3790$76.68$1.99
Jul 20241,0229333,2943,2940$81.80$2.07
Jun 20249791,3403,0973,0970$79.77$2.54
May 20249555753,0043,0040$80.02$2.12
Apr 20246836942,4962,4960$85.35$1.60
Mar 20248779732,8002,8000$81.28$1.49
Feb 20247387652,5292,5290$77.25$1.72
Jan 20248697702,7222,7220$74.15$3.18
Dec 20237807672,6822,6820$71.90$2.52
Nov 20238569662,6472,6470$77.69$2.71
Oct 20238407702,8712,8710$85.64$2.98
Sep 20238349562,9692,9690$89.43$2.64
Aug 20238797543,0693,0690$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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This lease belongs to

OperatorCML Exploration, LLCFieldMadisonville, W. (Woodbine -A-)CountyMadison County

CML Exploration, LLC in Madison County

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Madisonville, W. (Woodbine -A-) field

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