Texas oil lease
ProducingWADDELL TR CAB 7M
Waddell Tr Cab 7M is an oil lease in Crane County, Texas, operated by Blackbeard Operating, LLC in the Sand Hills (McKnight) field.
1 well
- Operator
- Blackbeard Operating, LLC
- County
- Crane County
- RRC lease
- 08-62613
Is your check right?
Where it sits
This county
- Gas, last 12 months
- 88,962 mcf
- Oil in Jul 2026
- 3,582 bbl
Production by month
Oil output rose 9% since Nov 2024
- Oil (bars)
- Gas (line)
- Last 12 months
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Where the gas went
93% of the gas went to a processing plant in the last 12 months
Flaring peaked at 40.0% of the gas in Sep 2025.
- Processing plant (3)
- Flared (4)
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Processing plant (3)
93% · 82,686 mcf
Flared (4)
7.1% · 6,276 mcf
7.1% of the gas flared in the last 12 months. 8 months above 3%.
1 well on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-103-37488 | 4153H | Active |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From |
|---|---|---|---|---|
| Nile Midstream, LLC | Oil | Gathers | 40 | Nov 8, 2024 |
| Plains Marketing, L.p. | Oil | Gathers | 20 | Nov 8, 2024 |
| Anchor Crude Marketing, LLC | Oil | Gathers | 5 | Nov 8, 2024 |
| Eastex Crude Company, LLC | Oil | Gathers | 5 | Nov 8, 2024 |
| Enlink Crude Marketing, LLC | Oil | Gathers | 5 | Nov 8, 2024 |
| Enterprise Crude Oil LLC | Oil | Gathers | 5 | Nov 8, 2024 |
| Oasis Transp & Marketing Corp. | Oil | Gathers | 5 | Nov 8, 2024 |
| Phillips 66 Company | Oil | Gathers | 5 | Nov 8, 2024 |
| Sentinel Transportation, LLC | Oil | Gathers | 5 | Nov 8, 2024 |
| Shell Trading (Us) Company | Oil | Gathers | 5 | Nov 8, 2024 |
| Targa Midstream Services LLC | Casinghead gas | Buys | 34 | Nov 8, 2024 |
| Dcp Operating Company, LP | Casinghead gas | Buys | 33 | Nov 8, 2024 |
| Energy Transfer Company | Casinghead gas | Buys | 33 | Nov 8, 2024 |
| Dcp Operating Company, LP | Casinghead gas | Gathers | 25 | Nov 8, 2024 |
| Energy Transfer Company | Casinghead gas | Gathers | 25 | Nov 8, 2024 |
| Nile Midstream, LLC | Casinghead gas | Gathers | 25 | Nov 8, 2024 |
| Targa Midstream Services LLC | Casinghead gas | Gathers | 25 | Nov 8, 2024 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
23,888 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 |
|---|---|---|---|---|
| 42-103-37488 | 4153H | Aug 27, 2024 | Nov 8, 2024 | 23,888 |
Estimate your royalty
21 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|---|---|---|
| Jul 2026 | 3,582 | 3,607 | 4,856 | 4,856 | 0 | $80.46 | $2.89 |
| Jun 2026 | 4,197 | 4,170 | 7,710 | 7,710 | 0 | $84.81 | $3.15 |
| May 2026 | 4,999 | 5,036 | 7,356 | 7,356 | 0 | $102.13 | $2.94 |
| Apr 2026 | 4,888 | 4,887 | 6,761 | 6,761 | 0 | $100.32 | $2.77 |
| Mar 2026 | 4,664 | 4,655 | 5,978 | 4,316 | 1,662 | $91.38 | $3.04 |
| Feb 2026 | 4,519 | 4,517 | 5,954 | 5,954 | 0 | $64.51 | $3.62 |
| Jan 2026 | 4,421 | 4,422 | 8,012 | 8,012 | 0 | $60.04 | $7.72 |
| Dec 2025 | 6,151 | 6,178 | 8,630 | 8,630 | 0 | $57.97 | $4.26 |
| Nov 2025 | 5,982 | 5,966 | 7,998 | 7,991 | 7 | $60.06 | $3.79 |
| Oct 2025 | 6,286 | 6,258 | 8,880 | 8,260 | 620 | $60.89 | $3.19 |
| Sep 2025 | 6,097 | 6,097 | 8,786 | 5,271 | 3,515 | $63.96 | $2.97 |
| Aug 2025 | 6,194 | 6,186 | 8,041 | 7,569 | 472 | $64.86 | $2.91 |
| Jul 2025 | 5,650 | 5,653 | 8,281 | 8,029 | 252 | $68.39 | $3.20 |
| Jun 2025 | 5,910 | 5,891 | 7,541 | 7,541 | 0 | $68.17 | $3.02 |
| May 2025 | 6,152 | 6,141 | 8,361 | 7,817 | 544 | $62.17 | $3.12 |
| Apr 2025 | 6,627 | 6,634 | 8,114 | 7,801 | 313 | $63.54 | $3.42 |
| Mar 2025 | 8,642 | 8,630 | 7,623 | 7,623 | 0 | $68.24 | $4.12 |
| Feb 2025 | 6,274 | 6,270 | 5,983 | 5,983 | 0 | $71.53 | $4.19 |
| Jan 2025 | 4,981 | 5,016 | 6,157 | 6,157 | 0 | $75.74 | $4.13 |
| Dec 2024 | 5,140 | 5,150 | 4,722 | 4,722 | 0 | $70.12 | $3.01 |
| Nov 2024 | 1,630 | 1,559 | 1,259 | 1,145 | 114 | $69.95 | $2.12 |
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
Blackbeard Operating, LLC in Crane County
- BUCCANEER
57,063 bbl
- WADDELL TR 1
70,999 bbl
- WADDELL TR AB 2G
63,443 bbl
- WADDELL TR AB 2LA
61,340 bbl
- WADDELL TR AB 2LC
60,959 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
- WADDELL TR AB 2M
51,718 bbl
Sand Hills (McKnight) field
- MCKNIGHT SAND HILLS UNIT
58,431 bbl
- WADDELL TR AB 2M
51,718 bbl
- ES VEDRA
51,627 bbl
- TUBB, J. B. -C-
44,730 bbl
- WADDELL TR AB 1M
39,058 bbl
- TUBB, J. B. A/C #1
18,079 bbl
- WEST TUBB A
22,453 bbl
- TUBB, J. B., ETAL
16,979 bbl
- LEA, P. J. A/C 2
14,985 bbl
- WADDELL TR B
11,338 bbl
Leases within 10 km
- WADDELL TR CAB 7W
60,579 bbl · 0 km
- WADDELL TR CAB 8W
22,410 bbl · 0 km
- WADDELL TR CAB 6W
0 bbl · 0 km
- WADDELL TR A
1,248,469 bbl · 0.1 km
- WADDELL TR A
3,849,390 bbl · 0.1 km
- WADDELL TR A
1,513,264 bbl · 0.3 km
- WADDELL TR C
14,512 mcf · 0.4 km
- WADDELL TR A
0 mcf · 0.6 km
- WADDELL, W.N. ET AL
0 mcf · 0.6 km
- WADDELL TR A
0 mcf · 0.7 km
Drilling permits within 10 km
TUBB, J. B. -A- #2021MH
new drill · horizontal · Ring Energy, Inc. · Crane County · 8.9 km
Permit 0918200 · Sep 1, 2026
TUBB, J. B. -A- #2023TH
new drill · horizontal · Ring Energy, Inc. · Crane County · 8.9 km
Permit 0918205 · Sep 1, 2026
TUBB, J. B. -A- #2022JH
new drill · horizontal · Ring Energy, Inc. · Crane County · 8.9 km
Permit 0918202 · Sep 1, 2026
TUBB, J. B. -A- #2024SH
new drill · horizontal · Ring Energy, Inc. · Crane County · 9 km
Permit 0918210 · Sep 1, 2026
WADDELL TR A #1536
recompletion · Blackbeard Operating, LLC · Crane County · 3 km
Permit 0918118 · Aug 31, 2026