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Texas oil lease

Producing

WADDELL RANCH

Waddell Ranch is an oil lease in Winkler County, Texas, operated by Formentera Operations LLC in the Waddell (Wichita-Albany) field.

2 wells

4,688bbl oil, last 12 months−32% vs prior year
Operator
Formentera Operations LLC
County
Winkler County
Field
Waddell (Wichita-Albany)
RRC lease
08-45806

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Where it sits

This county

Winkler CountyWinklerAndrewsWardLovingEctorWinkler County
Winkler County
Oil in Jul 2026
469 bbl
Reporting since
Jan 2020

Production by month

Oil output fell 32% over the last 12 months

  • Oil (bars)
  • Last 12 months
Oil output fell 32% over the last 12 monthsMonthly oil production for WADDELL RANCH, Aug 2023 to Jul 2026. Oil output fell 32% over the last 12 months. 4,688 bbl in the 12 months through Jul 2026, against 6,859 bbl in the 12 months before.Last 12 months: 4,688 bblbbl per month02505007501,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 32% over the last 12 monthsMonthly oil production for WADDELL RANCH, Aug 2023 to Jul 2026. Oil output fell 32% over the last 12 months. 4,688 bbl in the 12 months through Jul 2026, against 6,859 bbl in the 12 months before.Last 12 monthsbbl per month02505007501,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

No gas disposition reported for this lease

The operator has not reported where the gas went in the months we hold.

Who has run this lease

The operator changed 2 times, most recently in May 2024

Operators of this lease over timeBoyd & McWilliams Operating, LLC, Jan 2020 to Jul 2021; Saddleback Exploration, LLC, Aug 2021 to Apr 2024; Formentera Operations LLC, May 2024 to Jul 20262020202120222023202420252026Changed Aug 2021Changed May 2024Boyd & McWilliams Operating,…Jan 2020 to Jul 2021Saddleback Exploration, LLCAug 2021 to Apr 2024Formentera Operations LLCMay 2024 to now
Operators of this lease over timeBoyd & McWilliams Operating, LLC, Jan 2020 to Jul 2021; Saddleback Exploration, LLC, Aug 2021 to Apr 2024; Formentera Operations LLC, May 2024 to Jul 20262020202120222023202420252026Changed Aug 2021Changed May 2024Boyd & McWilliams Operating, LLCJan 2020 to Jul 2021Saddleback Exploration, LLCAug 2021 to Apr 2024Formentera Operations LLCMay 2024 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

2 wells on this lease

Wells on WADDELL RANCH
API numberWell no.Status
42-495-335271HActive
42-495-335712HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Gibson Energy Marketing, LLCOilGathers80May 7, 2024–
Dorado Oil CompanyOilGathers10May 7, 2024–
Eastex Crude Company, LLCOilGathers10May 7, 2024–
Energy Transfer CompanyCasinghead gasBuys100Dec 21, 2022–
Energy Transfer CompanyCasinghead gasGathers100Jun 17, 2016–
Dorado Oil CompanyOilGathers5Dec 21, 2022May 7, 2024
Eastex Crude Company, LLCOilGathers90Dec 21, 2022May 7, 2024
Gibson Energy Marketing, LLCOilGathers5Dec 21, 2022May 7, 2024
Etc Texas P/L, LTDCasinghead gasBuys100Apr 13, 2022Dec 21, 2022
Dorado Oil CompanyOilGathers20Apr 13, 2022Dec 21, 2022
Eastex Crude CompanyOilGathers20Apr 13, 2022Dec 21, 2022

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

Who buys my oilOil price check

640 acres on the newest permit

  • Good to know

    The wells on this lease state different acreage

    The permits state between 480 and 640 acres. Use the acres from your own division order for the well you are paid on.

  • Worth asking

    A Rule 37 case is listed

    The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.

Check your decimal on this lease
Permits for Waddell Ranch
API numberWell no.Acreson the permit
42-495-335712H640
42-495-335271H480

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for WADDELL RANCH
MonthOil producedbblOil soldbblWTI$/bblHenry Hub$/MMBtu
Jul 2026Formentera Operations469533$80.46$2.89
Jun 2026Formentera Operations390536$84.81$3.15
May 2026Formentera Operations369362$102.13$2.94
Apr 2026Formentera Operations227185$100.32$2.77
Mar 2026Formentera Operations238183$91.38$3.04
Feb 2026Formentera Operations248394$64.51$3.62
Jan 2026Formentera Operations324191$60.04$7.72
Dec 2025Formentera Operations489590$57.97$4.26
Nov 2025Formentera Operations468376$60.06$3.79
Oct 2025Formentera Operations494382$60.89$3.19
Sep 2025Formentera Operations480564$63.96$2.97
Aug 2025Formentera Operations492363$64.86$2.91
Jul 2025Formentera Operations480568$68.39$3.20
Jun 2025Formentera Operations805752$68.17$3.02
May 2025Formentera Operations598509$62.17$3.12
Apr 2025Formentera Operations543658$63.54$3.42
Mar 2025Formentera Operations461367$68.24$4.12
Feb 2025Formentera Operations471557$71.53$4.19
Jan 2025Formentera Operations475384$75.74$4.13
Dec 2024Formentera Operations643716$70.12$3.01
Nov 2024Formentera Operations670754$69.95$2.12
Oct 2024Formentera Operations601360$71.99$2.20
Sep 2024Formentera Operations543725$70.24$2.28
Aug 2024Formentera Operations569557$76.68$1.99
Jul 2024Formentera Operations553562$81.80$2.07
Jun 2024Formentera Operations422366$79.77$2.54
May 2024Formentera Operations655561$80.02$2.12
Apr 2024Saddleback Exploration,4071,047$85.35$1.60
Mar 2024Saddleback Exploration,463174$81.28$1.49
Feb 2024Saddleback Exploration,344861$77.25$1.72
Jan 2024Saddleback Exploration,5170$74.15$3.18
Dec 2023Saddleback Exploration,709725$71.90$2.52
Nov 2023Saddleback Exploration,621652$77.69$2.71
Oct 2023Saddleback Exploration,748472$85.64$2.98
Sep 2023Saddleback Exploration,630$89.43$2.64
Aug 2023Saddleback Exploration,54240$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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Nearby

This lease belongs to

OperatorFormentera Operations LLCFieldWaddell (Wichita-Albany)CountyWinkler County

Formentera Operations LLC in Winkler County

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Waddell (Wichita-Albany) field

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