Texas oil lease
Shut inWADDELL
Waddell is an oil lease in Winkler County, Texas, operated by Formentera Operations LLC in the Keystone (Colby) field.
18 wells
- Operator
- Formentera Operations LLC
- County
- Winkler County
- Field
- Keystone (Colby)
- RRC lease
- 08-31917
Is your check right?
Where it sits
This county
- Oil in Jul 2026
- 0 bbl
- Reporting since
- Jan 2020
Production by month
No production to chart
Where the gas went
No gas disposition reported for this lease
Who has run this lease
The operator changed 2 times, most recently in May 2024
- Formentera Operations LLC May 2024 to now
- Saddleback Exploration, LLC Jun 2021 to Apr 2024
- Blackbeard Operating, LLC Jan 2020 to May 2021
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
18 wells on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-495-01209 | 31W | Active |
| 42-495-01214 | 20 | Active |
| 42-495-01238 | 2W | Active |
| 42-495-01290 | 136 | Active |
| 42-495-01369 | 221 | Active |
| 42-495-10128 | 244 | Active |
| 42-495-10140 | 261W | Active |
| 42-495-10142 | 263W | Shut-in |
| 42-495-10143 | 264W | Active |
| 42-495-10149 | 270W | Active |
| 42-495-10150 | 271W | Active |
| 42-495-10151 | 272W | Shut-in |
| 42-495-10152 | 273 | Shut-in |
| 42-495-10158 | 280 | Active |
| 42-495-10162 | 284 | Shut-in |
| 42-495-10166 | 290W | Shut-in |
| 42-495-10167 | 291W | Active |
| 42-495-10168 | 292W | Active |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From | Until |
|---|---|---|---|---|---|
| Eastex Crude Company | Oil | Gathers | 100 | Jun 1, 2021 | – |
| Etc Texas P/L, LTD | Casinghead gas | Buys | 50 | Apr 13, 2022 | – |
| Targa Midstream Services LLC | Casinghead gas | Buys | 50 | May 1, 2018 | – |
| Energy Transfer Company | Casinghead gas | Gathers | 50 | May 1, 2018 | – |
| Targa Midstream Services LLC | Casinghead gas | Gathers | 50 | May 1, 2018 | – |
| Energy Transfer Company | Casinghead gas | Buys | 50 | May 1, 2018 | Apr 13, 2022 |
| Shell Trading (Us) Company | Oil | Gathers | 33 | Mar 1, 2020 | Jun 1, 2021 |
| Sunoco Ptnrs. Mktg.&terminals LP | Oil | Gathers | 34 | Mar 1, 2020 | Jun 1, 2021 |
| West Texas Crude Transport, LLC | Oil | Gathers | 33 | Mar 1, 2020 | Jun 1, 2021 |
| Eastex Crude Company | Oil | Gathers | 100 | Jun 1, 2015 | Mar 1, 2020 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
456 acres on the newest permit
The wells on this lease state different acreage
The permits state between 234 and 474 acres.
20 wells are listed on this lease
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-495-10149 | 270 | Jul 24, 1991 | Aug 20, 1990 | 456 |
| 42-495-10149 | 270W | Jul 24, 1991 | Feb 3, 1964 | 456 |
| 42-495-10152 | 273 | Mar 8, 1991 | Apr 5, 1991 | 474 |
| 42-495-10128 | 244 | Mar 12, 1990 | Nov 17, 1964 | 234 |
| 42-495-01209 | 31W | – | May 18, 1939 | – |
| 42-495-01214 | 20 | – | Jan 12, 1984 | – |
| 42-495-01238 | 2W | – | – | – |
| 42-495-01290 | 136 | – | Jan 12, 1984 | – |
| 42-495-01369 | 221 | – | Dec 11, 1960 | – |
| 42-495-10140 | 261W | – | – | – |
| 42-495-10142 | 263W | – | Mar 23, 1964 | – |
| 42-495-10143 | 264W | – | Mar 30, 1964 | – |
Estimate your royalty
36 months, newest first
| Month | Oil producedbbl | Oil soldbbl | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|
| Jul 2026Formentera Operations | 0 | 0 | $80.46 | $2.89 |
| Jun 2026Formentera Operations | 0 | 0 | $84.81 | $3.15 |
| May 2026Formentera Operations | 0 | 0 | $102.13 | $2.94 |
| Apr 2026Formentera Operations | 0 | 0 | $100.32 | $2.77 |
| Mar 2026Formentera Operations | 0 | 0 | $91.38 | $3.04 |
| Feb 2026Formentera Operations | 0 | 0 | $64.51 | $3.62 |
| Jan 2026Formentera Operations | 0 | 0 | $60.04 | $7.72 |
| Dec 2025Formentera Operations | 0 | 0 | $57.97 | $4.26 |
| Nov 2025Formentera Operations | 0 | 0 | $60.06 | $3.79 |
| Oct 2025Formentera Operations | 0 | 0 | $60.89 | $3.19 |
| Sep 2025Formentera Operations | 0 | 0 | $63.96 | $2.97 |
| Aug 2025Formentera Operations | 0 | 0 | $64.86 | $2.91 |
| Jul 2025Formentera Operations | 0 | 0 | $68.39 | $3.20 |
| Jun 2025Formentera Operations | 0 | 0 | $68.17 | $3.02 |
| May 2025Formentera Operations | 0 | 0 | $62.17 | $3.12 |
| Apr 2025Formentera Operations | 0 | 0 | $63.54 | $3.42 |
| Mar 2025Formentera Operations | 0 | 0 | $68.24 | $4.12 |
| Feb 2025Formentera Operations | 0 | 0 | $71.53 | $4.19 |
| Jan 2025Formentera Operations | 0 | 0 | $75.74 | $4.13 |
| Dec 2024Formentera Operations | 0 | 0 | $70.12 | $3.01 |
| Nov 2024Formentera Operations | 0 | 0 | $69.95 | $2.12 |
| Oct 2024Formentera Operations | 0 | 0 | $71.99 | $2.20 |
| Sep 2024Formentera Operations | 0 | 0 | $70.24 | $2.28 |
| Aug 2024Formentera Operations | 0 | 0 | $76.68 | $1.99 |
| Jul 2024Formentera Operations | 0 | 0 | $81.80 | $2.07 |
| Jun 2024Formentera Operations | 0 | 0 | $79.77 | $2.54 |
| May 2024Formentera Operations | 0 | 0 | $80.02 | $2.12 |
| Apr 2024Saddleback Exploration, | 0 | 0 | $85.35 | $1.60 |
| Mar 2024Saddleback Exploration, | 0 | 0 | $81.28 | $1.49 |
| Feb 2024Saddleback Exploration, | 0 | 0 | $77.25 | $1.72 |
| Jan 2024Saddleback Exploration, | 0 | 0 | $74.15 | $3.18 |
| Dec 2023Saddleback Exploration, | 0 | 0 | $71.90 | $2.52 |
| Nov 2023Saddleback Exploration, | 0 | 0 | $77.69 | $2.71 |
| Oct 2023Saddleback Exploration, | 0 | 0 | $85.64 | $2.98 |
| Sep 2023Saddleback Exploration, | 0 | 0 | $89.43 | $2.64 |
| Aug 2023Saddleback Exploration, | 0 | 0 | $81.39 | $2.58 |
SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.
How to check your stub against this leaseDo your checks match this lease?
Nearby
This lease belongs to
Formentera Operations LLC in Winkler County
- BASHARA, J. M.
1,101 bbl
- WHEELER, C. O.
1,090 bbl
- EVANS, RUBE "10"
932 bbl
- WALTON, J. B.
768 bbl
- EVANS, RUBE "2"
722 bbl
- STATE WALTON -E- A/C 4
20 bbl
- CAMPBELL
259 bbl
- STATE-WALTON "E"
7,153 mcf
- STATE WALTON -E-
5,426 mcf
- STATE-WALTON "E"
3,741 mcf
Keystone (Colby) field
- BASHARA -C-
506 bbl
- MONTEX-WALTON -E-
502 bbl
- WALTON, J. B. -B-
433 bbl
- BAIRD, W. E.
107 bbl
- POGO WALTON F
342 bbl
- SUN JENKINS -A-
249 bbl
- SUN-JENKINS -D-
164 bbl
- CAMPBELL, SETH
1,962 mcf
- WALTON, J. B.
43 bbl
- WALTON, J. B.
107 mcf
Leases within 10 km
- KEYSTONE -16-
0 bbl · 0.1 km
- KEYSTONE SILURIAN UNIT
8,694 bbl · 0.2 km
- MCCUTCHEN, W. A.
0 bbl · 0.4 km
- KEYSTONE HOLT UNIT
276,402 bbl · 0.5 km
- MCCUTCHEN, W. A. -B-
0 mcf · 0.6 km
- MCCUTCHEN, W.A.
1,109 bbl · 0.7 km
- KEYSTONE CATTLE CO.
0 bbl · 0.7 km
- MCCUTCHEN, W. A. -KO-
0 bbl · 0.8 km
- KEYSTONE -14-
249 mcf · 0.8 km
- SOUTH KEYSTONE /ELLEN/ UNIT
0 bbl · 0.8 km
Drilling permits within 10 km
KEYSTONE CATTLE CO. A #472
recompletion · BCP Resources, LLC · Winkler County · 4.3 km
Permit 0918300 · Sep 27, 2026
BAIRD, W. E. #1315
new drill · Basin Oil & Gas Operating, LLC · Winkler County · 5 km
Permit 0918745 · Sep 21, 2026
BAIRD, W. E. #1307
new drill · Basin Oil & Gas Operating, LLC · Winkler County · 5.8 km
Permit 0918476 · Sep 11, 2026
BAIRD, W. E. #1827
new drill · Basin Oil & Gas Operating, LLC · Winkler County · 5.5 km
Permit 0918473 · Sep 10, 2026
BAIRD, W. E. #1205
new drill · Basin Oil & Gas Operating, LLC · Winkler County · 4.3 km
Permit 0918469 · Sep 10, 2026