FRANCIS DRAKE N
FRANCIS DRAKE N is a Texas oil lease in Winkler County, Railroad Commission district 08, operated by Blackbeard Operating, LLC. It has 9 wellbores on file with the Commission. Reported production runs from January 2018 to August 2026, totalling 320,133 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 $3.6M, with roughly $1.0M 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 1,419 barrels a month, about 158 per wellbore. Its strongest month on the record we hold was December 2018, at 12,652 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 FRANCIS DRAKE N
- Who operates FRANCIS DRAKE N?
- FRANCIS DRAKE N is operated by Blackbeard Operating, LLC, Railroad Commission of Texas operator number 073056.
- Where is FRANCIS DRAKE N?
- FRANCIS DRAKE N is a Texas oil lease in Winkler County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 50423.
- Is FRANCIS DRAKE N still producing?
- FRANCIS DRAKE N is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FRANCIS DRAKE N is August 2026.
- How much has FRANCIS DRAKE N produced?
- FRANCIS DRAKE N has reported 320,133 barrels of oil (bbl) to the Railroad Commission of Texas between January 2018 and August 2026, from 9 wellbores.
- How much is FRANCIS DRAKE N worth?
- The remaining production from FRANCIS DRAKE N is estimated to be worth about $3.6M in total as of 27 August 2026, within a range of $3.0M to $4.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FRANCIS DRAKE N is a fraction of it. The estimate fits an Arps decline curve to the production FRANCIS DRAKE N has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FRANCIS DRAKE N is an estimate of value, not an offer and not an appraisal.
- How much income does FRANCIS DRAKE N generate in a year?
- FRANCIS DRAKE N is forecast to net about $1.0M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in FRANCIS DRAKE N 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 | 50423 |
| Wellbores | 9 |
| Reported production | 320,133 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.6M |
Where FRANCIS DRAKE N 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.