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WADDELL TR 4

Waddell Tr 4 is an oil lease in Crane County, Texas, operated by Blackbeard Operating, LLC in the Block 31, NW. (Penn Upper) field.

2 wells

5,850bbl oil, last 12 months−16% vs prior year
Operator
Blackbeard Operating, LLC
County
Crane County
Field
Block 31, NW. (Penn Upper)
RRC lease
08-58398

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Where it sits

This county

Crane CountyCraneUptonMidlandWinklerWardEctorCrane County
Crane County
Gas, last 12 months
6,991 mcf
Oil in Jul 2026
446 bbl

Production by month

Oil output fell 16% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 16% over the last 12 monthsMonthly oil production and gas for WADDELL TR 4, Aug 2023 to Jul 2026. Oil output fell 16% over the last 12 months. 5,850 bbl in the 12 months through Jul 2026, against 6,942 bbl in the 12 months before.Last 12 months: 5,850 bblbbl per monthmcf per month005005001,0001,0001,5001,5002,0002,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 16% over the last 12 monthsMonthly oil production and gas for WADDELL TR 4, Aug 2023 to Jul 2026. Oil output fell 16% over the last 12 months. 5,850 bbl in the 12 months through Jul 2026, against 6,942 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005005001,0001,0001,5001,5002,0002,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Over 99% of the gas went to a processing plant in the last 12 months

Flaring peaked at 10.5% of the gas in Feb 2024.

  • Processing plant (3)
  • Flared (4)
Over 99% of the gas went to a processing plant in the last 12 monthsShare of WADDELL TR 4 gas by disposition code each month, Aug 2023 to Jul 2026. Over 99% of the gas went to a processing plant in the last 12 months. Flaring peaked at 10.5% of the gas in Feb 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 10.5%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Over 99% of the gas went to a processing plant in the last 12 monthsShare of WADDELL TR 4 gas by disposition code each month, Aug 2023 to Jul 2026. Over 99% of the gas went to a processing plant in the last 12 months. Flaring peaked at 10.5% of the gas in Feb 2024.Share of gas by disposition code0%50%100%Flared 10.5%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    100% · 6,982 mcf

  • Flared (4)

    0.1% · 9 mcf

0.1% of the gas flared in the last 12 months. 11 months above 3%.

2 wells on this lease

Wells on WADDELL TR 4
API numberWell no.Status
42-103-370173973Active
42-103-370343997Active

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 CompanyOilGathers10Aug 1, 2022–
Plains Marketing, L.p.OilGathers10Aug 1, 2022–
Sentinel Transportation, LLCOilGathers10Aug 1, 2022–
Dcp Operating Company, LPCasinghead gasBuys50Aug 1, 2022–
Targa Midstream Services LLCCasinghead gasBuys50Aug 1, 2022–
Dcp Operating Company, LPCasinghead gasGathers50Aug 1, 2022–
Targa Midstream Services LLCCasinghead gasGathers50Aug 1, 2022–
Anchor Crude Marketing, LLCOilGathers40Aug 1, 2022May 1, 2026
Eastex Crude Company, LLCOilGathers10Aug 1, 2022May 1, 2026
Enterprise Crude Oil LLCOilGathers10Aug 1, 2022May 1, 2026
Shell Trading (Us) CompanyOilGathers10Aug 1, 2022May 1, 2026

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

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4,531 acres on the newest permit

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Permits for Waddell Tr 4
API numberWell no.Acreson the permit
42-103-3703439974,531
42-103-3701739734,531

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

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36 months, newest first

Ledger for WADDELL TR 4
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20264464607637630$80.46$2.89
Jun 20265885794514447$84.81$3.15
May 20265035062942940$102.13$2.94
Apr 20264985053423420$100.32$2.77
Mar 20265285494054050$91.38$3.04
Feb 20264013723073070$64.51$3.62
Jan 20265726113093072$60.04$7.72
Dec 20254094233443440$57.97$4.26
Nov 20255795215705700$60.06$3.79
Oct 20253753768218210$60.89$3.19
Sep 20254244289529520$63.96$2.97
Aug 20255275241,4331,4330$64.86$2.91
Jul 20254774681,5391,5354$68.39$3.20
Jun 20255625591,4961,4960$68.17$3.02
May 20255064961,7431,7430$62.17$3.12
Apr 20253683821,1671,1670$63.54$3.42
Mar 20255625671,1711,1710$68.24$4.12
Feb 20256116221,1291,1290$71.53$4.19
Jan 202569268742138536$75.74$4.13
Dec 202477276240937633$70.12$3.01
Nov 20246416293453414$69.95$2.12
Oct 20245875803893890$71.99$2.20
Sep 20245005193443440$70.24$2.28
Aug 20246646636996990$76.68$1.99
Jul 202464365177072644$81.80$2.07
Jun 202469968479074743$79.77$2.54
May 202474973562259032$80.02$2.12
Apr 202463665150547728$85.35$1.60
Mar 20248728721,2391,127112$81.28$1.49
Feb 202483888078069882$77.25$1.72
Jan 20241,1731,09773969544$74.15$3.18
Dec 20238329391,1541,039115$71.90$2.52
Nov 20239819666896890$77.69$2.71
Oct 20231,1461,1506916910$85.64$2.98
Sep 20231,0381,0421,0851,00778$89.43$2.64
Aug 20231,3601,3371,3511,33714$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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Nearby

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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