DRAKE

Operated by CML EXPLORATION, LLC (P-5 120648) in the MADISONVILLE, W. (WOODBINE -A-) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 25977District 03Field 56599500OilCasinghead gasSaveExport
Value, all time
$27.8 M
Aug 2010 – May 2026
Value, last 12 filed months
$750 k
at the published price for each month
Months reported
190
no gaps in the span
Streams
2
oil, casinghead gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 343 leases and 502 wells, and the rule below applies to all of them.

Discovered
1976-07-17
as the register files it
Field class
Oil
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2012-12-11.

The Commission's schedule remark for this field reads: FIELD. EFFECTIVE 4/12/2016.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
OilDisposition367,620 bbl$25,553,344
Casinghead gasProduction667,674 Mcf$2,268,789
Total$27,822,133

Wells on this lease (2)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 30.9059, -96.1397. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

30.90590, -96.13970 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
8,519 ft
2 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
2100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

Between 8,347 and 8,690 ft, median 8,519 ft, over the 2 wells that filed a depth.

Completions filed
Sep 2010 – Jun 2014
2 of 2 wells

2 wells

42-3133109428,347 ftJun 2014
42-3133085118,690 ftSep 2010

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (190)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

190 months

May 20267342,078106.413.05$84,434
Apr 20267462,34798.932.87$80,537
Mar 20267512,69589.753.15$75,890
Feb 202675198463.503.75$51,379
Jan 20265582,24559.138.00$50,950
Dec 20257502,63656.664.41$54,129
Nov 20257382,48958.593.93$53,012
Oct 20257532,89459.383.30$54,277
Sep 20257622,88762.743.08$56,691
Aug 20257352,98763.933.01$55,994
Jul 20257353,16366.743.32$59,540
Jun 20259423,30966.483.13$72,977
May 20257473,59260.553.23$56,841
Apr 20259433,45662.363.54$71,051
Mar 20259233,41967.704.27$77,080
Feb 20255732,32670.884.34$50,711
Jan 20259772,93274.324.28$85,156
Dec 20249483,05668.993.12$74,941
Nov 20249573,03269.052.20$72,747
Oct 20249363,21171.372.28$74,128
Sep 20247673,19569.612.36$60,945
Aug 20241,1203,37975.632.06$91,679
Jul 20249333,29479.932.15$81,646
Jun 20241,3403,09778.082.63$112,785
May 20245753,00478.812.20$51,920
Apr 20246942,49684.451.66$62,750
Mar 20249732,80080.301.55$82,458
Feb 20247652,52976.091.78$62,720
Jan 20247702,72273.023.30$65,202
Dec 20237672,68271.262.61$61,658
Nov 20239662,64777.892.81$82,673
Oct 20237702,87185.443.09$74,652
Sep 20239562,96989.042.74$93,243
Aug 20237543,06980.522.67$68,915
Jul 20239563,09274.852.64$79,725
Jun 20237392,93668.962.26$57,592
May 20239483,05870.622.23$73,759
Apr 20237562,97078.122.24$65,705
Mar 20239693,06672.852.39$77,929
Feb 20239712,75075.112.47$79,712
Jan 20237692,90676.533.39$68,696
Dec 20227583,20876.415.73$76,298
Nov 20229733,27085.005.65$101,168
Oct 20229613,40187.185.86$103,723
Sep 20229513,28584.888.16$107,539
Aug 20229563,47094.529.13$122,032
Jul 20221,1243,637101.587.54$141,606
Jun 20227603,597115.097.98$116,162
May 20221,2903,653109.378.43$171,893
Apr 20229383,612104.226.84$122,456
Mar 20229494,289108.885.08$125,100
Feb 20227793,15491.054.86$86,253
Jan 20221,1373,60881.844.54$109,424
Dec 20219463,84871.323.90$82,473
Nov 20211,3063,75777.435.24$120,798
Oct 20211,1213,80579.795.71$111,186
Sep 20219373,89669.865.35$86,306
Aug 20211,1194,32866.024.22$92,143
Jul 20219314,66070.783.98$84,453
Jun 20211,1433,67369.493.38$91,844
May 20211,1373,90063.483.02$83,946
Apr 20211,1463,87860.362.76$79,870
Mar 20211,1534,11561.302.72$81,859
Feb 20219323,22157.805.55$71,740
Jan 20219563,86550.412.81$59,054
Dec 20201,3474,05344.642.68$70,974
Nov 20209424,31438.772.71$48,197
Oct 20201,3394,34436.972.48$60,269
Sep 20201,1263,12337.091.99$47,981
Aug 20201,4704,01739.982.39$68,352
Jul 20209334,19638.371.83$43,457
Jun 20201,4984,25234.901.69$59,467
May 20201,4684,58916.921.81$33,166
Apr 20201,4754,57414.751.80$30,009
Mar 20201,6664,72830.341.86$59,323
Feb 20201,6574,41049.881.98$91,386
Jan 20201,7824,67557.252.09$111,812
Dec 20191,2573,90059.012.30$83,163
Nov 20191,6303,97755.302.75$101,079
Oct 20191,4323,67453.472.42$85,455
Sep 20191,6103,77255.052.66$98,654
Aug 20191,2353,41853.112.30$73,467
Jul 20191,6413,21756.272.46$100,253
Jun 20191,2062,50452.782.49$69,891
May 20191,7492,83858.482.74$110,059
Apr 20199112,49862.632.75$63,927
Mar 20191,2812,50556.803.06$80,431
Feb 20191,1082,18150.852.79$62,432
Jan 20191,1292,47746.033.23$59,964
Dec 20181,5272,44646.594.19$81,381
Nov 20181,7222,38852.934.24$101,264
Oct 20181,1482,76761.443.40$79,936
Sep 20181,5072,71959.543.11$98,177
Aug 20181,8583,05759.403.07$119,740
Jul 20181,4923,01365.142.93$106,023
Jun 20181,5153,09560.183.08$100,696
May 20181,8873,09265.382.90$132,341
Apr 20181,8722,88463.842.90$127,874
Mar 20181,6883,13461.222.79$112,073
Feb 20181,4882,67661.782.77$99,331
Jan 20181,5342,87562.874.01$107,969
Dec 20171,8902,95157.272.92$116,862
Nov 20171,8553,03855.423.12$112,278
Oct 20171,8913,25949.292.98$102,931
Sep 20172,0723,02347.523.09$107,794
Aug 20171,8833,45545.373.00$95,812
Jul 20172,0643,52343.873.09$101,424
Jun 20172,4153,44542.493.09$113,249
May 20172,0643,50845.373.26$105,092
Apr 20172,2693,56447.933.21$120,199
Mar 20172,7773,62746.772.98$140,702
Feb 20172,2393,24450.452.95$122,536
Jan 20172,9543,58749.413.42$158,220
Dec 20162,9393,80948.763.72$157,486
Nov 20162,1352,97642.492.64$98,586
Oct 20161,4162,31846.193.09$72,568
Sep 20161,2332,56541.553.10$59,184
Aug 20161,9963,02041.442.92$91,546
Jul 20161,5763,20341.622.92$74,960
Jun 20162,1163,82945.352.69$106,245
May 20162,0623,74942.521.99$95,141
Apr 20162,1073,80936.561.99$84,616
Mar 20162,0644,29433.011.79$75,836
Feb 20162,2455,35326.472.06$70,472
Jan 20162,5996,27727.352.36$85,924
Dec 20152,9547,38632.362.00$110,374
Nov 20152,9557,67838.792.17$131,265
Oct 20153,2927,98743.552.43$162,748
Sep 20153,2667,31142.992.76$160,572
Aug 20153,8997,62140.162.87$178,475
Jul 20153,5587,35248.152.95$192,970
Jun 20153,9227,13656.152.88$240,792
May 20154,2137,38855.212.96$254,435
Apr 20154,0806,78349.822.71$221,624
Mar 20154,5906,51642.892.93$215,988
Feb 20154,7777,38244.662.98$235,311
Jan 20154,9667,70843.433.10$239,573
Dec 20145,30610,54954.693.59$328,070
Nov 20146,98510,30370.464.25$535,970
Oct 20147,02311,91978.303.90$596,396
Sep 20148,53112,90886.164.05$787,250
Aug 201410,66214,48589.394.04$1,011,525
Jul 201417,41318,78096.564.18$1,759,892
Jun 20149,1617,01798.164.74$932,482
May 20141,03883994.734.73$102,295
Apr 20141,05091695.944.81$105,142
Mar 20141,11191395.895.06$111,151
Feb 201491081297.406.19$93,662
Jan 20141,03282490.404.86$97,298
Dec 20131,09465691.824.35$103,308
Nov 20131,07091788.853.74$98,498
Oct 20131,1251,04497.423.78$113,543
Sep 20131,1321,067104.113.72$121,819
Aug 20131,3071,101104.253.52$140,133
Jul 20131,3021,049102.523.72$137,381
Jun 20131,3161,11694.403.93$128,620
May 20131,3111,01194.834.15$128,517
Apr 20131,2961,09293.964.28$126,449
Mar 20131,4901,13693.623.91$143,939
Feb 20131,1101,00991.233.42$104,716
Jan 20131,5181,08191.603.42$142,746
Dec 20121,4851,19586.773.42$132,941
Nov 20121,4991,10486.953.62$134,340
Oct 20121,7001,32689.383.40$156,454
Sep 20121,4911,45194.672.92$145,388
Aug 20121,6921,53492.662.91$161,242
Jul 20121,8721,52785.133.02$163,976
Jun 20121,8791,55579.822.52$153,899
May 20121,8861,44491.612.49$176,370
Apr 20122,0331,717101.652.00$210,083
Mar 20122,4391,754105.052.22$260,114
Feb 20122,4831,573101.102.57$255,074
Jan 201276640498.092.73$76,242
Dec 20111,31653996.873.24$129,227
Nov 20111,14254695.723.31$111,120
Oct 20111,8821,24484.983.65$164,471
Sep 20112,2641,39083.623.99$194,856
Aug 20112,0761,40583.404.15$178,968
Jul 20112,0571,77694.144.52$201,669
Jun 20112,6363,01192.904.64$258,855
May 20113,0315,24898.134.40$320,549
Apr 20112,8254,686105.964.33$319,643
Mar 20113,4044,62896.364.06$346,787
Feb 20113,0533,61085.644.18$276,549
Jan 20113,9922,79786.504.59$358,143
Dec 20104,5533,75085.734.35$406,633
Nov 20106,6934,09780.843.80$556,612
Oct 20104,1752,93978.103.51$336,380
Sep 20107,9204,42472.633.98$592,835
Aug 20100073.684.42$0

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

May 2026 — as filed, then multipliedworked
Oil                  734 bbl  × $106.41 =    $78,105
Casinghead gas     2,078 Mcf  × $  3.05 =     $6,329

────────────────────────────────────────────────────
Month total                                  $84,434

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 03/O/25977 is the state's own key, not one this site invented.