Skip to content
Royalty Clerk

Texas oil lease

Producing

WADDELL TR I

Waddell Tr I is an oil lease in Crane County, Texas, operated by Blackbeard Operating, LLC in the Sand Hills (Tubb) field.

16 wells

11,684bbl oil, last 12 months+19% vs prior year
RRC lease
08-24059

Is your check right?

Check my statement

Where it sits

This county

Crane CountyCraneUptonMidlandWinklerWardEctorCrane County
Crane County
Gas, last 12 months
48,827 mcf
Oil in Jul 2026
691 bbl

Production by month

Oil output rose 19% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 19% over the last 12 monthsMonthly oil production and gas for WADDELL TR I, Aug 2023 to Jul 2026. Oil output rose 19% over the last 12 months. 11,684 bbl in the 12 months through Jul 2026, against 9,800 bbl in the 12 months before.Last 12 months: 11,684 bblbbl per monthmcf per month005002,0001,0004,0001,5006,0002,0008,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 19% over the last 12 monthsMonthly oil production and gas for WADDELL TR I, Aug 2023 to Jul 2026. Oil output rose 19% over the last 12 months. 11,684 bbl in the 12 months through Jul 2026, against 9,800 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005002,0001,0004,0001,5006,0002,0008,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Oct 2023 the lease's gas goes to a processing plant instead of a transmission line

Flaring peaked at 98.9% of the gas in Feb 2026.

  • Processing plant (3)
  • Transmission line (2)
  • Flared (4)
Since Oct 2023 the lease's gas goes to a processing plant instead of a transmission lineShare of WADDELL TR I gas by disposition code each month, Aug 2023 to Jul 2026. Since Oct 2023 the lease's gas goes to a processing plant instead of a transmission line. Flaring peaked at 98.9% of the gas in Feb 2026.Share of the lease’s gas by disposition code, per month0%50%100%Oct 2023: line to plantFlared 98.9%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Oct 2023 the lease's gas goes to a processing plant instead of a transmission lineShare of WADDELL TR I gas by disposition code each month, Aug 2023 to Jul 2026. Since Oct 2023 the lease's gas goes to a processing plant instead of a transmission line. Flaring peaked at 98.9% of the gas in Feb 2026.Share of gas by disposition code0%50%100%Oct 23: line to plantFlared 98.9%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    74% · 36,157 mcf

  • Flared (4)

    26% · 12,670 mcf

25.9% of the gas flared in the last 12 months. 26 months above 3%.

Who has run this lease

The operator changed once, most recently in Apr 2020

Operators of this lease over timeBurlington Res O & G Co-Midland, Jan 2020 to Mar 2020; Blackbeard Operating, LLC, Apr 2020 to Jul 20262020202120222023202420252026Changed Apr 2020Burlington Res O & G Co-Midla…Jan 2020 to Mar 2020Blackbeard Operating, LLCApr 2020 to now
Operators of this lease over timeBurlington Res O & G Co-Midland, Jan 2020 to Mar 2020; Blackbeard Operating, LLC, Apr 2020 to Jul 20262020202120222023202420252026Changed Apr 2020Burlington Res O & G Co-MidlandJan 2020 to Mar 2020Blackbeard Operating, LLCApr 2020 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

16 wells on this lease

Wells on WADDELL TR I
API numberWell no.Status
42-103-01711241Active
42-103-02055606Active
42-103-02064615Shut-in
42-103-0231217Shut-in
42-103-0231823Active
42-103-0237582Active
42-103-02454163WActive
42-103-02456166Shut-in
42-103-02460170Active
42-103-02464174Active
42-103-02465175Active
42-103-02473183Active
42-103-10985956Active
42-103-10986957Active
42-103-30029981Shut-in
42-103-367873754Shut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Plains Marketing, L.p.OilGathers40Jan 1, 2023–
Anchor Crude Marketing, LLCOilGathers10Jan 1, 2023–
Eastex Crude Company, LLCOilGathers10Jan 1, 2023–
Energy Transfer CompanyOilGathers10Mar 1, 2025–
Phillips 66 CompanyOilGathers10Jan 1, 2023–
Shell Trading (Us) CompanyOilGathers10Jan 1, 2023–
Enterprise Crude Oil LLCOilGathers5Jan 1, 2023–
Sentinel Transportation, LLCOilGathers5Jan 1, 2023–
Targa Midstream Services LLCCasinghead gasBuys34Jan 1, 2023–
Dcp Operating Company, LPCasinghead gasBuys33Jan 1, 2023–
Energy Transfer CompanyCasinghead gasBuys33Jan 1, 2023–
Targa Midstream Services LLCCasinghead gasGathers34Jan 1, 2023–
Dcp Operating Company, LPCasinghead gasGathers33Jan 1, 2023–
Energy Transfer CompanyCasinghead gasGathers33Jan 1, 2023–
Sunoco Ptnrs. Mktg.&terminals LPOilGathers10Jan 1, 2023Mar 1, 2025
Dcp Operating Company, LPCasinghead gasGathers50Jun 1, 2020Jan 1, 2023
Targa Midstream Services LLCCasinghead gasGathers50Jun 1, 2020Jan 1, 2023
Dcp Operating Company, LPCasinghead gasBuys50Jun 1, 2020Jan 1, 2023
Targa Midstream Services LLCCasinghead gasBuys50Jun 1, 2020Jan 1, 2023
Eastex Crude CompanyOilGathers20Jun 1, 2020Jan 1, 2023

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

10,151 acres on the newest permit

  • Good to know

    The wells on this lease state different acreage

    The permits state between 10,080 and 23,771 acres. Use the acres from your own division order for the well you are paid on.

  • Good to know

    31 wells are listed on this lease

    Each well can have its own unit. The decimal for one well does not have to equal the decimal for another.

  • 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 I
API numberWell no.Acreson the permit
42-103-3002998110,151
42-103-1016586610,151
42-103-36787375410,151
42-103-1090693610,151
42-103-1013087423,771
42-103-1017687123,771
42-103-023242923,771
42-103-02454163W23,771
42-103-0205760823,771
42-103-0227983923,771
42-103-1019386923,771
42-103-0209364423,771

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

Estimate your royalty

36 months, newest first

Ledger for WADDELL TR I
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Blackbeard Operating,6917891,6111,393218$80.46$2.89
Jun 2026Blackbeard Operating,7347061,8861,731155$84.81$3.15
May 2026Blackbeard Operating,7317352,5712,328243$102.13$2.94
Apr 2026Blackbeard Operating,6256942,9732,525448$100.32$2.77
Mar 2026Blackbeard Operating,8115973,6202,994626$91.38$3.04
Feb 2026Blackbeard Operating,8238684,648514,597$64.51$3.62
Jan 2026Blackbeard Operating,9241,0294,7322,8491,883$60.04$7.72
Dec 2025Blackbeard Operating,9979175,2304,292938$57.97$4.26
Nov 2025Blackbeard Operating,1,1551,2045,3774,2211,156$60.06$3.79
Oct 2025Blackbeard Operating,1,2131,2625,5255,197328$60.89$3.19
Sep 2025Blackbeard Operating,1,4211,5325,4934,4061,087$63.96$2.97
Aug 2025Blackbeard Operating,1,5591,4265,1614,170991$64.86$2.91
Jul 2025Blackbeard Operating,1,4241,1854,8153,5131,302$68.39$3.20
Jun 2025Blackbeard Operating,4497463,7282,905823$68.17$3.02
May 2025Blackbeard Operating,6636234,4891,3743,115$62.17$3.12
Apr 2025Blackbeard Operating,6286904,3662,5671,799$63.54$3.42
Mar 2025Blackbeard Operating,7746644,7954,565230$68.24$4.12
Feb 2025Blackbeard Operating,7478925,2803,8001,480$71.53$4.19
Jan 2025Blackbeard Operating,8877305,7764,2951,481$75.74$4.13
Dec 2024Blackbeard Operating,8799056,0069025,104$70.12$3.01
Nov 2024Blackbeard Operating,9188725,6664,0691,597$69.95$2.12
Oct 2024Blackbeard Operating,7998805,5475,48463$71.99$2.20
Sep 2024Blackbeard Operating,8147015,8065,8060$70.24$2.28
Aug 2024Blackbeard Operating,8188436,4634,4132,050$76.68$1.99
Jul 2024Blackbeard Operating,8738576,3194,3361,983$81.80$2.07
Jun 2024Blackbeard Operating,7827704,8573,3011,556$79.77$2.54
May 2024Blackbeard Operating,9099564,8814,549332$80.02$2.12
Apr 2024Blackbeard Operating,9399075,1985,060138$85.35$1.60
Mar 2024Blackbeard Operating,1,0051,0585,5855,447138$81.28$1.49
Feb 2024Blackbeard Operating,9238995,6455,62025$77.25$1.72
Jan 2024Blackbeard Operating,9369975,3804,399981$74.15$3.18
Dec 2023Blackbeard Operating,1,0371,1013,9143,9140$71.90$2.52
Nov 2023Blackbeard Operating,9379675,0495,0490$77.69$2.71
Oct 2023Blackbeard Operating,1,2251,2706,7016,7010$85.64$2.98
Sep 2023Blackbeard Operating,1,0619045,0335,0330$89.43$2.64
Aug 2023Blackbeard Operating,9971,0075,2305,2300$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.

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

Do your checks match this lease?

Nearby

Blackbeard Operating, LLC in Crane County

All Blackbeard Operating, LLC leases →

Sand Hills (Tubb) field

All leases in this field →

Leases within 10 km

Drilling permits within 10 km