Skip to content
Royalty Clerk

Texas oil lease

Producing

WADDELL TR 1

Waddell Tr 1 is an oil lease in Crane County, Texas, operated by Blackbeard Operating, LLC in the Peart (Barnett) field.

1 well

54,403bbl oil, since Feb 2026
Operator
Blackbeard Operating, LLC
County
Crane County
Field
Peart (Barnett)
RRC lease
08-65186

Is your check right?

Check my statement

Where it sits

This county

Crane CountyCraneUptonMidlandWinklerWardEctorCrane County
Crane County
Gas, since Feb 2026
60,879 mcf
Oil in Jul 2026
24,185 bbl
First check

Production started February 2026; the first check is due by about June 28, 2026 (estimate).

When is my first royalty check due?

Production by month

Oil output rose 86% since Feb 2026

  • Oil (bars)
  • Gas (line)
Oil output rose 86% since Feb 2026Monthly oil production and gas for WADDELL TR 1, Feb 2026 to Jul 2026. Oil output rose 86% since Feb 2026. Monthly average of 11,801 bbl in the latest 3 months, against 6,333 bbl in the first 3.bbl per monthmcf per month005,00010k10k20k15k30k20k40k25k50kOct 25Jan 26AprJul
Oil output rose 86% since Feb 2026Monthly oil production and gas for WADDELL TR 1, Feb 2026 to Jul 2026. Oil output rose 86% since Feb 2026. Monthly average of 11,801 bbl in the latest 3 months, against 6,333 bbl in the first 3.bbl per monthmcf per month005,00010k10k20k15k30k20k40k25k50kJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

96% of the gas went to a processing plant in the 6 months reported

Flaring peaked at 10.7% of the gas in Jun 2026.

  • Processing plant (3)
  • Flared (4)
96% of the gas went to a processing plant in the 6 months reportedShare of WADDELL TR 1 gas by disposition code each month, Feb 2026 to Jul 2026. 96% of the gas went to a processing plant in the 6 months reported. Flaring peaked at 10.7% of the gas in Jun 2026.Share of the lease’s gas by disposition code, per month0%50%100%Flared 10.7%Oct 25Jan 26AprJul
96% of the gas went to a processing plant in the 6 months reportedShare of WADDELL TR 1 gas by disposition code each month, Feb 2026 to Jul 2026. 96% of the gas went to a processing plant in the 6 months reported. Flaring peaked at 10.7% of the gas in Jun 2026.Share of gas by disposition code0%50%100%Flared 10.7%Jan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    96% · 58,318 mcf

  • Flared (4)

    4.2% · 2,561 mcf

4.2% of the gas flared in the 6 months reported. 4 months above 3%.

1 well on this lease

Wells on WADDELL TR 1
API numberWell no.Status
42-103-376585596HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Anchor Crude Marketing, LLCOilGathers50Feb 6, 2026
Energy Trans Crude Marketing LLCOilGathers10Feb 6, 2026
Nile Midstream, LLCOilGathers10Feb 6, 2026
Phillips 66 CompanyOilGathers10Feb 6, 2026
Plains Marketing, L.p.OilGathers10Feb 6, 2026
Sentinel Transportation, LLCOilGathers10Feb 6, 2026
Dcp Operating Company, LPCasinghead gasBuys50Feb 6, 2026
Targa Midstream Services LLCCasinghead gasBuys50Feb 6, 2026
Dcp Operating Company, LPCasinghead gasGathers50Feb 6, 2026
Targa Midstream Services LLCCasinghead gasGathers50Feb 6, 2026

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

Who buys my oilOil price check

17,130 acres on the newest permit

Check your decimal on this lease
Permits for Waddell Tr 1
API numberWell no.Acreson the permit
42-103-376585596H17,130
42-103-376595402H17,130
42-103-376265607H17,130

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

Unit decimal checker

Estimate your royalty

6 months, newest first

Ledger for WADDELL TR 1
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202624,18523,87131,30730,812495$80.46$2.89
Jun 20265,1275,1756,7025,984718$84.81$3.15
May 20266,0926,2676,1236,03192$102.13$2.94
Apr 20268,1968,4436,3876,179208$100.32$2.77
Mar 20269,7089,2019,0538,096957$91.38$3.04
Feb 20261,0951,0241,3071,21691$64.51$3.62

Flared above 3%

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

How to check your stub against this lease Checks stopped on this lease? See the likely reasons

Do your checks match this lease?

Check my statement

Nearby

This lease belongs to

OperatorBlackbeard Operating, LLCFieldPeart (Barnett)CountyCrane County

Blackbeard Operating, LLC in Crane County

All Blackbeard Operating, LLC leases →

Peart (Barnett) field

All leases in this field →

Leases within 10 km

Drilling permits within 10 km