DRAKE'S DRUM
DRAKE'S DRUM is a Texas oil lease in Winkler County, Railroad Commission district 08, operated by Blackbeard Operating, LLC. It has 3 wellbores on file with the Commission. Reported production runs from August 2019 to August 2026, totalling 111,414 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $1.7M, with roughly $433K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 558 barrels a month, about 186 per wellbore. Its strongest month on the record we hold was September 2019, at 5,197 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about DRAKE'S DRUM
- Who operates DRAKE'S DRUM?
- DRAKE'S DRUM is operated by Blackbeard Operating, LLC, Railroad Commission of Texas operator number 073056.
- Where is DRAKE'S DRUM?
- DRAKE'S DRUM is a Texas oil lease in Winkler County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 52891.
- Is DRAKE'S DRUM still producing?
- DRAKE'S DRUM is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DRAKE'S DRUM is August 2026.
- How much has DRAKE'S DRUM produced?
- DRAKE'S DRUM has reported 111,414 barrels of oil (bbl) to the Railroad Commission of Texas between August 2019 and August 2026, from 3 wellbores.
- How much is DRAKE'S DRUM worth?
- The remaining production from DRAKE'S DRUM is estimated to be worth about $1.7M in total as of 27 August 2026, within a range of $1.3M to $2.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DRAKE'S DRUM is a fraction of it. The estimate fits an Arps decline curve to the production DRAKE'S DRUM has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DRAKE'S DRUM is an estimate of value, not an offer and not an appraisal.
- How much income does DRAKE'S DRUM generate in a year?
- DRAKE'S DRUM is forecast to net about $433K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in DRAKE'S DRUM receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Blackbeard Operating, LLC |
|---|---|
| Field | Monahans, North (Clearfork) |
| County | Winkler County, Texas |
| RRC district | 08 |
| Lease number | 52891 |
| Wellbores | 3 |
| Reported production | 111,414 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.7M |
Where DRAKE'S DRUM sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
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. How this estimate is calculated.