COLONEL DRAKE 24

COLONEL DRAKE 24 is a Texas oil lease in Ward County, Railroad Commission district 08, operated by Devon Energy Production Co, L.P. It has 2 wellbores on file with the Commission. Reported production runs from December 2010 to August 2026, totalling 344,166 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $17K, with roughly $9K expected over the next twelve months.

OperatorDevon Energy Production Co, L.P.
FieldPhantom (Wolfcamp)
CountyWard County, Texas
RRC district08
Lease number41295
Wellbores2
Reported production344,166 bbl
First reportedDecember 2010
Last reportedAugust 2026
Estimated royalty value$17K

Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal.