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Texas oil lease

Producing

DRAKE, L.A.

Drake, L.a. is an oil lease in Madison County, Texas, operated by Redbud E & P, Inc. in the Kurten (Woodbine) field.

1 well

386bbl oil, last 12 months−14% vs prior year
Operator
Redbud E & P, Inc.
County
Madison County
Field
Kurten (Woodbine)
RRC lease
03-14468

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Where it sits

This county

Madison CountyMadisonWalkerLimestoneHoustonLeonBrazosRobertsonMadison County
Madison County
Oil in Jul 2026
68 bbl
Reporting since
Jan 2020

Checks stopped on this lease?

  • Operator

    Operator changed: Redbud E & P, Inc. took over from Summit Resources Mgmt., Llc. in Mar 2025.

  • P-5

    The previous operator's P-5 registration is listed as inactive since Dec 9, 2025 (last P-5 filed Jan 24, 2025).

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

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Production by month

Oil output fell 14% over the last 12 months

  • Oil (bars)
  • Last 12 months
Oil output fell 14% over the last 12 monthsMonthly oil production for DRAKE, L.A., Aug 2023 to Jul 2026. Oil output fell 14% over the last 12 months. 386 bbl in the 12 months through Jul 2026, against 450 bbl in the 12 months before.Last 12 months: 386 bblbbl per month0255075100Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 14% over the last 12 monthsMonthly oil production for DRAKE, L.A., Aug 2023 to Jul 2026. Oil output fell 14% over the last 12 months. 386 bbl in the 12 months through Jul 2026, against 450 bbl in the 12 months before.Last 12 monthsbbl per month0255075100Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

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.

Who has run this lease

The operator changed once, most recently in Mar 2025

Operators of this lease over timeSummit Resources Mgmt., Llc., Jan 2020 to Feb 2025; Redbud E & P, Inc., Mar 2025 to Jul 20262020202120222023202420252026Changed Mar 2025Summit Resources Mgmt., Llc.Jan 2020 to Feb 2025Redbud E & P, Inc.Mar 2025 to now
Operators of this lease over timeSummit Resources Mgmt., Llc., Jan 2020 to Feb 2025; Redbud E & P, Inc., Mar 2025 to Jul 20262020202120222023202420252026Changed Mar 2025Summit Resources Mgmt., Llc.Jan 2020 to Feb 2025Redbud E & P, Inc.Mar 2025 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on DRAKE, L.A.
API numberWell no.Status
42-313-303311Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
4J Energy, LLCOilGathers100Apr 1, 2025–
Statewide Crude Inc.OilGathers100Apr 1, 2022Apr 1, 2025
Enterprise Crude Oil LLCOilGathers100May 1, 2010Apr 1, 2022

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

Who buys my oilOil price check

160 acres on the newest permit

  • Good to know

    A pooling certificate (P-12) was filed

    Your tract may share its production with neighbors in a pooled unit. The unit acres the operator uses to divide production can differ from the acreage on one permit.

Check your decimal on this lease
Permits for Drake, L.a.
API numberWell no.Acreson the permit
42-313-303311160

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for DRAKE, L.A.
MonthOil producedbblOil soldbblWTI$/bblHenry Hub$/MMBtu
Jul 2026Redbud E68178$80.46$2.89
Jun 2026Redbud E30$84.81$3.15
May 2026Redbud E270$102.13$2.94
Apr 2026Redbud E330$100.32$2.77
Mar 2026Redbud E60$91.38$3.04
Feb 2026Redbud E30$64.51$3.62
Jan 2026Redbud E70$60.04$7.72
Dec 2025Redbud E270$57.97$4.26
Nov 2025Redbud E510$60.06$3.79
Oct 2025Redbud E38183$60.89$3.19
Sep 2025Redbud E550$63.96$2.97
Aug 2025Redbud E680$64.86$2.91
Jul 2025Redbud E550$68.39$3.20
Jun 2025Redbud E59162$68.17$3.02
May 2025Redbud E580$62.17$3.12
Apr 2025Redbud E73162$63.54$3.42
Mar 2025Redbud E970$68.24$4.12
Feb 2025Summit Resources36345$71.53$4.19
Jan 2025Summit Resources80$75.74$4.13
Dec 2024Summit Resources10$70.12$3.01
Nov 2024Summit Resources00$69.95$2.12
Oct 2024Summit Resources00$71.99$2.20
Sep 2024Summit Resources410$70.24$2.28
Aug 2024Summit Resources220$76.68$1.99
Jul 2024Summit Resources210$81.80$2.07
Jun 2024Summit Resources230$79.77$2.54
May 2024Summit Resources20$80.02$2.12
Apr 2024Summit Resources20$85.35$1.60
Mar 2024Summit Resources0318$81.28$1.49
Feb 2024Summit Resources260$77.25$1.72
Jan 2024Summit Resources250$74.15$3.18
Dec 2023Summit Resources260$71.90$2.52
Nov 2023Summit Resources220$77.69$2.71
Oct 2023Summit Resources310$85.64$2.98
Sep 2023Summit Resources300$89.43$2.64
Aug 2023Summit Resources250$81.39$2.58

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

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Nearby

This lease belongs to

OperatorRedbud E & P, Inc.FieldKurten (Woodbine)CountyMadison County

Redbud E & P, Inc. in Madison County

No other producing leases from this operator in this county are in our data yet.

Kurten (Woodbine) field

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