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Producing

WADDELL TR 1

Waddell Tr 1 is an oil lease in Crane County, Texas, operated by Blackbeard Operating, LLC in the Block 31, NW. (Penn Upper) field.

2 wells

52,193bbl oil, last 12 months−45% vs prior year
Operator
Blackbeard Operating, LLC
County
Crane County
Field
Block 31, NW. (Penn Upper)
RRC lease
08-59700

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Where it sits

This county

Crane CountyCraneUptonMidlandWinklerWardEctorCrane County
Crane County
Gas, last 12 months
102,006 mcf
Oil in Jul 2026
4,255 bbl

Production by month

Oil output fell 45% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 45% over the last 12 monthsMonthly oil production and gas for WADDELL TR 1, Aug 2023 to Jul 2026. Oil output fell 45% over the last 12 months. 52,193 bbl in the 12 months through Jul 2026, against 95,368 bbl in the 12 months before.Last 12 months: 52,193 bblbbl per monthmcf per month005,0005,00010k10k15k15k20k20kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 45% over the last 12 monthsMonthly oil production and gas for WADDELL TR 1, Aug 2023 to Jul 2026. Oil output fell 45% over the last 12 months. 52,193 bbl in the 12 months through Jul 2026, against 95,368 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005,0005,00010k10k15k15k20k20kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

90% of the gas went to a processing plant in the last 12 months

Flaring peaked at 25.3% of the gas in Sep 2025.

  • Processing plant (3)
  • Flared (4)
90% of the gas went to a processing plant in the last 12 monthsShare of WADDELL TR 1 gas by disposition code each month, Aug 2023 to Jul 2026. 90% of the gas went to a processing plant in the last 12 months. Flaring peaked at 25.3% of the gas in Sep 2025.Share of the lease’s gas by disposition code, per month0%50%100%Flared 25.3%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
90% of the gas went to a processing plant in the last 12 monthsShare of WADDELL TR 1 gas by disposition code each month, Aug 2023 to Jul 2026. 90% of the gas went to a processing plant in the last 12 months. Flaring peaked at 25.3% of the gas in Sep 2025.Share of gas by disposition code0%50%100%Flared 25.3%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    90% · 91,810 mcf

  • Flared (4)

    10.0% · 10,196 mcf

10.0% of the gas flared in the last 12 months. 24 months above 3%.

2 wells on this lease

Wells on WADDELL TR 1
API numberWell no.Status
42-103-373803862Active
42-103-374716300HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Anchor Crude Marketing, LLCOilGathers30May 1, 2026–
Energy Trans Crude Marketing LLCOilGathers30May 1, 2026–
Nile Midstream, LLCOilGathers10May 1, 2026–
Phillips 66 CompanyOilGathers10Feb 19, 2023–
Plains Marketing, L.p.OilGathers10Feb 19, 2023–
Sentinel Transportation, LLCOilGathers10Feb 19, 2023–
Dcp Operating Company, LPCasinghead gasBuys50Feb 19, 2023–
Targa Midstream Services LLCCasinghead gasBuys50May 1, 2026–
Dcp Operating Company, LPCasinghead gasGathers50Feb 19, 2023–
Targa Midstream Services LLCCasinghead gasGathers50Feb 19, 2023–
Targa Midstream Services LLCCasinghead gasBuys50Feb 19, 2023May 1, 2026
Anchor Crude Marketing, LLCOilGathers40Feb 19, 2023May 1, 2026
Eastex Crude Company, LLCOilGathers10Feb 19, 2023May 1, 2026
Enterprise Crude Oil LLCOilGathers10Feb 19, 2023May 1, 2026
Shell Trading (Us) CompanyOilGathers10Feb 19, 2023May 1, 2026

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

Who buys my oilOil price check

17,130 acres on the newest permit

  • 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 Tr 1
API numberWell no.Acreson the permit
42-103-34536122617,130
42-103-374716300H17,130
42-103-37331387117,130
42-103-37380386217,130
42-103-0160174717,130
42-103-36995387317,130

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

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for WADDELL TR 1
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20264,2554,3527,8027,515287$80.46$2.89
Jun 20264,2044,1169,1658,504661$84.81$3.15
May 20264,6464,5498,9288,758170$102.13$2.94
Apr 20263,9254,1696,5935,954639$100.32$2.77
Mar 20265,0595,0848,5707,837733$91.38$3.04
Feb 20264,5894,4348,1847,758426$64.51$3.62
Jan 20263,9474,2447,2335,8221,411$60.04$7.72
Dec 20254,9454,7367,4197,175244$57.97$4.26
Nov 20253,7443,8927,4586,935523$60.06$3.79
Oct 20253,2423,0468,5497,5361,013$60.89$3.19
Sep 20254,0463,9519,5077,0972,410$63.96$2.97
Aug 20255,5915,59412,59810,9191,679$64.86$2.91
Jul 20256,5116,46312,8149,7773,037$68.39$3.20
Jun 20256,4726,58711,78910,4711,318$68.17$3.02
May 20257,0357,03011,72510,3651,360$62.17$3.12
Apr 20257,3087,18210,4139,724689$63.54$3.42
Mar 20258,2788,3219,4979,46334$68.24$4.12
Feb 20256,9296,9787,4227,36062$71.53$4.19
Jan 202510,78910,96011,48011,303177$75.74$4.13
Dec 202414,40614,33314,82512,9091,916$70.12$3.01
Nov 202411,08111,05813,91313,289624$69.95$2.12
Oct 202410,45510,25315,62215,385237$71.99$2.20
Sep 20244,0153,9695,5385,429109$70.24$2.28
Aug 20242,0892,1023,2402,977263$76.68$1.99
Jul 20242,2852,3113,0492,543506$81.80$2.07
Jun 20242,6072,5313,9943,9940$79.77$2.54
May 20243,4223,5435,7705,381389$80.02$2.12
Apr 20243,2583,1725,1564,852304$85.35$1.60
Mar 20244,4924,3373,7123,64963$81.28$1.49
Feb 20241,1081,1883,3373,3298$77.25$1.72
Jan 20241,3221,1211,6831,419264$74.15$3.18
Dec 20231,5411,9801,7971,77918$71.90$2.52
Nov 20231,8361,6921,8301,8300$77.69$2.71
Oct 20231,1901,2631,5891,54742$85.64$2.98
Sep 20231,7321,6171,9501,614336$89.43$2.64
Aug 20232,2802,1702,3082,23573$81.39$2.58

Flared above 3%

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

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This lease belongs to

OperatorBlackbeard Operating, LLCFieldBlock 31, NW. (Penn Upper)CountyCrane County

Blackbeard Operating, LLC in Crane County

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Block 31, NW. (Penn Upper) field

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