FRANCIS DRAKE
FRANCIS DRAKE is a Texas oil lease in Winkler County, Railroad Commission district 08, operated by Blackbeard Operating, LLC. It has 5 wellbores on file with the Commission. Reported production runs from July 2017 to August 2026, totalling 326,171 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 $1.9M, with roughly $729K 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 1,074 barrels a month, about 215 per wellbore. Its strongest month on the record we hold was December 2017, at 13,555 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
- Who operates FRANCIS DRAKE?
- FRANCIS DRAKE is operated by Blackbeard Operating, LLC, Railroad Commission of Texas operator number 073056.
- Where is FRANCIS DRAKE?
- FRANCIS DRAKE is a Texas oil lease in Winkler County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 49353.
- Is FRANCIS DRAKE still producing?
- FRANCIS DRAKE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FRANCIS DRAKE is August 2026.
- How much has FRANCIS DRAKE produced?
- FRANCIS DRAKE has reported 326,171 barrels of oil (bbl) to the Railroad Commission of Texas between July 2017 and August 2026, from 5 wellbores.
- How much is FRANCIS DRAKE worth?
- The remaining production from FRANCIS DRAKE is estimated to be worth about $1.9M in total as of 27 August 2026, within a range of $1.6M to $2.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FRANCIS DRAKE is a fraction of it. The estimate fits an Arps decline curve to the production FRANCIS DRAKE 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 is an estimate of value, not an offer and not an appraisal.
- How much income does FRANCIS DRAKE generate in a year?
- FRANCIS DRAKE is forecast to net about $729K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in FRANCIS DRAKE 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 | 49353 |
| Wellbores | 5 |
| Reported production | 326,171 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.9M |
Where FRANCIS DRAKE 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.