Texas oil lease
ProducingWADDELL TR AB 2G
Waddell Tr Ab 2G is an oil lease in Crane County, Texas, operated by Blackbeard Operating, LLC in the Sand Hills (San Angelo, Upper) field.
1 well
- Operator
- Blackbeard Operating, LLC
- County
- Crane County
- RRC lease
- 08-64694
Is your check right?
Where it sits
This county
- Gas, since Dec 2025
- 150,905 mcf
- Oil in Jul 2026
- 5,589 bbl
Production started December 2025; the first check is due by about April 30, 2026 (estimate).
When is my first royalty check due?Production by month
Oil output fell 55% since Dec 2025
- Oil (bars)
- Gas (line)
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Where the gas went
98% of the gas went to a processing plant in the 8 months reported
Flaring peaked at 6.0% of the gas in Jul 2026.
- Processing plant (3)
- Flared (4)
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Processing plant (3)
98% · 148,152 mcf
Flared (4)
1.8% · 2,753 mcf
1.8% of the gas flared in the 8 months reported. One month above 3%.
1 well on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-103-37685 | 4333H | Active |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From |
|---|---|---|---|---|
| Nile Midstream, LLC | Oil | Gathers | 40 | Dec 17, 2025 |
| Plains Marketing, L.p. | Oil | Gathers | 20 | Dec 17, 2025 |
| Anchor Crude Marketing, LLC | Oil | Gathers | 5 | Dec 17, 2025 |
| Eastex Crude Company, LLC | Oil | Gathers | 5 | Dec 17, 2025 |
| Enlink Crude Marketing, LLC | Oil | Gathers | 5 | Dec 17, 2025 |
| Enterprise Crude Oil LLC | Oil | Gathers | 5 | Dec 17, 2025 |
| Oasis Transp & Marketing Corp. | Oil | Gathers | 5 | Dec 17, 2025 |
| Phillips 66 Company | Oil | Gathers | 5 | Dec 17, 2025 |
| Sentinel Transportation, LLC | Oil | Gathers | 5 | Dec 17, 2025 |
| Shell Trading (Us) Company | Oil | Gathers | 5 | Dec 17, 2025 |
| Targa Midstream Services LLC | Casinghead gas | Buys | 34 | Dec 17, 2025 |
| Dcp Operating Company, LP | Casinghead gas | Buys | 33 | Dec 17, 2025 |
| Energy Transfer Company | Casinghead gas | Buys | 33 | Dec 17, 2025 |
| Dcp Operating Company, LP | Casinghead gas | Gathers | 25 | Dec 17, 2025 |
| Energy Transfer Company | Casinghead gas | Gathers | 25 | Dec 17, 2025 |
| Nile Midstream, LLC | Casinghead gas | Gathers | 25 | Dec 17, 2025 |
| Targa Midstream Services LLC | Casinghead gas | Gathers | 25 | Dec 17, 2025 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
23,728 acres on the newest permit
- Worth asking
An allocation well is on this lease
A well drilled across several tracts shares its production by an allocation formula, so the decimal is not always your acres over the unit acres. Ask the operator for the allocation formula and the tract factor for your land.
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-103-37685 | 4333H | Sep 18, 2025 | Dec 17, 2025 | 23,728 |
Estimate your royalty
8 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|---|---|---|
| Jul 2026 | 5,589 | 5,560 | 20,532 | 19,298 | 1,234 | $80.46 | $2.89 |
| Jun 2026 | 4,811 | 4,823 | 22,075 | 21,995 | 80 | $84.81 | $3.15 |
| May 2026 | 6,189 | 6,161 | 23,126 | 22,924 | 202 | $102.13 | $2.94 |
| Apr 2026 | 5,558 | 5,555 | 19,748 | 19,677 | 71 | $100.32 | $2.77 |
| Mar 2026 | 4,351 | 4,372 | 8,770 | 8,742 | 28 | $91.38 | $3.04 |
| Feb 2026 | 7,033 | 7,107 | 12,603 | 12,465 | 138 | $64.51 | $3.62 |
| Jan 2026 | 19,780 | 19,724 | 28,442 | 27,778 | 664 | $60.04 | $7.72 |
| Dec 2025 | 10,132 | 10,055 | 15,609 | 15,273 | 336 | $57.97 | $4.26 |
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 reasonsDo your checks match this lease?
Nearby
This lease belongs to
Blackbeard Operating, LLC in Crane County
- WADDELL TR AB 2WA
76,231 bbl
- BUCCANEER
57,063 bbl
- WADDELL TR 1
70,999 bbl
- WADDELL TR AB 2LA
61,340 bbl
- WADDELL TR AB 2LC
60,959 bbl
- WADDELL TR CAB 7M
61,980 bbl
- WADDELL TR CAB 7W
60,579 bbl
- MCKNIGHT SAND HILLS UNIT
58,431 bbl
- WADDELL TR 1
54,403 bbl
- WADDELL TR 1
52,193 bbl
Sand Hills (San Angelo, Upper) field
- ES VEDRA
49,116 bbl
- TUBB, J. B. -C-
7,528 bbl
- LEA, P.J.
8,206 bbl
- STEDE BONNET E
6,324 bbl
- J. B. TUBB A/C 1 TR A
3,413 bbl
- TUBB, J. B. A/C #1
2,632 bbl
- TUBB, J. B.
1,908 bbl
- TUBB, J. B. I
601 bbl
- WADDELL TR B
1,010 bbl
- TUBB, J. B. A/C #2
1,315 bbl
Leases within 10 km
- WADDELL TR AB 1M
39,058 bbl · 0 km
- WADDELL TR A
1,513,264 bbl · 0 km
- WADDELL TR AB 2WA
76,231 bbl · 0 km
- WADDELL TR A
3,849,390 bbl · 0 km
- WADDELL TR A
1,248,469 bbl · 0 km
- WADDELL TR AB 2LA
61,340 bbl · 0 km
- WADDELL TR AB 2M
51,718 bbl · 0 km
- WADDELL TR AB 2J2
34,222 bbl · 0.1 km
- WADDELL TR AB 2WC
106,123 bbl · 0.1 km
- WADDELL TR AB 2LC
60,959 bbl · 0.1 km
Drilling permits within 10 km
TUBB, J. B. -A- #2021MH
new drill · horizontal · Ring Energy, Inc. · Crane County · 8.8 km
Permit 0918200 · Sep 1, 2026
TUBB, J. B. -A- #2023TH
new drill · horizontal · Ring Energy, Inc. · Crane County · 8.8 km
Permit 0918205 · Sep 1, 2026
TUBB, J. B. -A- #2024SH
new drill · horizontal · Ring Energy, Inc. · Crane County · 8.8 km
Permit 0918210 · Sep 1, 2026
TUBB, J. B. -A- #2022JH
new drill · horizontal · Ring Energy, Inc. · Crane County · 8.8 km
Permit 0918202 · Sep 1, 2026
WADDELL TR A #1536
recompletion · Blackbeard Operating, LLC · Crane County · 1.8 km
Permit 0918118 · Aug 31, 2026