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DRAKE'S DRUM

Operated by BLACKBEARD OPERATING, LLC (P-5 73056) in the MONAHANS, NORTH (CLEARFORK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 52891District 08Field 62417110OilCasinghead gasSaveExport
Value, all time
$8.8 M
Aug 2019 – May 2026
Value, last 12 filed months
$503 k
at the published price for each month
Months reported
82
no gaps in the span
Streams
2
oil, casinghead gas

The MONAHANS, NORTH (CLEARFORK) field

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 54 leases and 277 wells, and the rule below applies to all of them.

Discovered
1987-09-25
as the register files it
Field class
Oil and gas
the register's own label
Between wells
330 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 10 acres. The field rule took effect on 2018-04-24.

The Commission's schedule remark for this field reads: “REMAIN IN EFFECT.”

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
OilDisposition111,069 bbl$7,264,175
Casinghead gasProduction424,332 Mcf$1,568,888
Total$8,833,063

Wells on this lease (3)

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 31.7333, -102.9660. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

31.73341, -102.96583 · 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 3 wells
With a plug date
0.0%
0 of 3 wells
Median depth
6,023 ft
3 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.
3100.0%

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 5,930 and 6,104 ft, median 6,023 ft, over the 3 wells that filed a depth.

Completions filed
Aug 2019 – Nov 2023
3 of 3 wells

3 wells

42-4953452216,023 ftNov 2023——
42-4953451835,930 ftOct 2021——
42-4953437126,104 ftAug 2019——

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 (82)

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

82 months

May 202600106.413.05$0
Apr 20265121,97798.932.87$56,326
Mar 20265571,87889.753.15$55,905
Feb 20264961,74663.503.75$38,044
Jan 20265771,84459.138.00$48,866
Dec 20255122,37456.664.41$39,487
Nov 20255432,46358.593.93$41,485
Oct 20255532,37359.383.30$40,680
Sep 20254742,18862.743.08$36,471
Aug 20255642,31863.933.01$43,045
Jul 20256033,01866.743.32$50,249
Jun 20256483,06766.483.13$52,675
May 20256312,65160.553.23$46,776
Apr 20256142,24662.363.54$46,247
Mar 20256352,90967.704.27$55,406
Feb 20255283,03970.884.34$50,616
Jan 20256653,80174.324.28$65,686
Dec 20245763,14168.993.12$49,542
Nov 20245623,12469.052.20$45,674
Oct 20246173,38371.372.28$51,753
Sep 20246173,15769.612.36$50,414
Aug 20247033,43175.632.06$60,248
Jul 20246183,55779.932.15$57,032
Jun 20246303,43178.082.63$58,228
May 20247063,41178.812.20$63,139
Apr 20246533,22084.451.66$60,488
Mar 20247413,00480.301.55$64,144
Feb 20247952,45576.091.78$64,870
Jan 20247902,80173.023.30$66,923
Dec 20237282,92371.262.61$59,508
Nov 20237863,61577.892.81$71,371
Oct 20238243,70685.443.09$81,844
Sep 20237673,71489.042.74$78,452
Aug 20238073,71980.522.67$74,920
Jul 20238343,60274.852.64$71,941
Jun 20238773,29868.962.26$67,926
May 20239643,78670.622.23$76,511
Apr 20239974,03078.122.24$86,904
Mar 20239374,17172.852.39$78,242
Feb 20239824,48175.112.47$84,807
Jan 20231,1796,31476.533.39$111,619
Dec 20221,2196,03476.415.73$127,713
Nov 20221,1485,66985.005.65$129,588
Oct 20221,0615,28287.185.86$123,470
Sep 20221,1155,28284.888.16$137,762
Aug 20221,3686,05794.529.13$184,587
Jul 20221,2586,135101.587.54$174,058
Jun 20221,2765,733115.097.98$192,588
May 20221,4576,765109.378.43$216,402
Apr 20221,4776,360104.226.84$197,420
Mar 20222,2728,957108.885.08$292,845
Feb 20222,6078,71791.054.86$279,722
Jan 20222,8529,92981.844.54$278,462
Dec 20213,0099,92671.323.90$253,305
Nov 20213,92311,05477.435.24$361,646
Oct 20211,7257,55479.795.71$180,800
Sep 20211,1297,43469.865.35$118,651
Aug 20211,1968,85366.024.22$116,325
Jul 20211,2407,80470.783.98$118,843
Jun 20211,2835,85969.493.38$108,963
May 20211,5428,31463.483.02$122,975
Apr 20211,5638,60860.362.76$118,087
Mar 20211,6619,11161.302.72$126,573
Feb 20211,8048,17657.805.55$149,631
Jan 20212,0148,88650.412.81$126,498
Dec 20202,90211,19144.642.68$159,486
Nov 20203,66611,62938.772.71$173,606
Oct 20203,71311,39736.972.48$165,516
Sep 20204,26512,02937.091.99$182,139
Aug 20201,3365,40139.982.39$66,295
Jul 20201,4044,13638.371.83$61,420
Jun 20201,1732,79634.901.69$45,664
May 202016016.921.81$271
Apr 20209182,86814.751.80$18,715
Mar 20202,1104,97330.341.86$73,248
Feb 20202,0656,18649.881.98$115,255
Jan 20202,4279,10957.252.09$158,027
Dec 20192,58012,86959.012.30$181,901
Nov 20192,8385,34355.302.75$171,638
Oct 20193,8806,60553.472.42$223,438
Sep 20195,0117,45055.052.66$295,652
Aug 20191,7642,48553.112.30$99,412

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.

Apr 2026 — as filed, then multipliedworked
Oil                  512 bbl  × $ 98.93 =    $50,652
Casinghead gas     1,977 Mcf  × $  2.87 =     $5,673

────────────────────────────────────────────────────
Month total                                  $56,326

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. 08/O/52891 is the state's own key, not one this site invented.