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Texas oil lease

No report in 6+ months

DRAKE 31B

Drake 31B is an oil lease in Midland County, Texas, operated by XTO Energy Inc. in the Spraberry (Trend Area) field.

1 well

0bbl oil, last 12 months
RRC lease
08-40361

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Oil in May 2023
0 bbl
Reporting since
Jan 2020

Checks stopped on this lease?

  • Sales

    No sales reported for the last 12 months of state data (through Jul 2026).

  • Wells

    The one well on this lease is marked plugged.

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

See why checks stop on this lease

Production by month

No production to chart

The state shows zero oil and zero gas for all 36 months we hold (Jun 2020 to May 2023). A lease that is shut in or newly reported looks like this. The ledger below lists each month.

Where the gas went

No gas disposition reported for this lease

The operator has not reported where the gas went in the months we hold.

1 well on this lease

Wells on DRAKE 31B
API numberWell no.Status
42-329-324496Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Plains Marketing, L.p.OilGathers100Apr 6, 2010
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100Nov 1, 2015
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Oct 1, 2015

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

640 acres on the newest permit

  • Good to know

    All listed wells are plugged

    The RRC wellbore records mark all listed wells as plugged. These records do not show whether earlier royalties remain payable. Ask the payor about any unpaid months.

Check your decimal on this lease
Permits for Drake 31B
API numberWell no.Acreson the permit
42-329-324496640

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

Estimate your royalty

36 months, newest first

Ledger for DRAKE 31B
MonthOil producedbblOil soldbblWTI$/bblHenry Hub$/MMBtu
May 202300$71.58$2.15
Apr 202300$79.45$2.16
Mar 202300$73.28$2.31
Feb 202300$76.83$2.38
Jan 202300$78.12$3.27
Dec 202200$76.44$5.53
Nov 202200$84.37$5.45
Oct 202200$87.55$5.66
Sep 202200$84.26$7.88
Aug 202200$93.67$8.81
Jul 202200$101.62$7.28
Jun 20220228$114.84$7.70
May 202200$109.55$8.14
Apr 202200$101.78$6.60
Mar 202200$108.50$4.90
Feb 202200$91.64$4.69
Jan 202200$83.22$4.38
Dec 202100$71.71$3.76
Nov 202100$79.15$5.05
Oct 202100$81.48$5.51
Sep 202100$71.65$5.16
Aug 202100$67.73$4.07
Jul 202100$72.49$3.84
Jun 202100$71.38$3.26
May 202100$65.17$2.91
Apr 202100$61.72$2.66
Mar 202100$62.33$2.62
Feb 202100$59.04$5.35
Jan 202100$52.00$2.71
Dec 202000$47.02$2.58
Nov 202000$40.94$2.61
Oct 202000$39.40$2.39
Sep 202000$39.63$1.92
Aug 202000$42.34$2.30
Jul 202000$40.71$1.76
Jun 202000$38.31$1.63

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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Nearby

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