WADDELL TR B
WADDELL TR B is a Texas gas lease in Crane County, Railroad Commission district 08, operated by Burlington Res O & G Co-Midland. It has 1 wellbore on file with the Commission. Reported production runs from July 2002 to August 2026, totalling 912,310 thousand cubic feet. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $389K, with roughly $59K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 2,553 thousand cubic feet a month. Its strongest month on the record we hold was December 2018, at 3,309 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about WADDELL TR B
- Who operates WADDELL TR B?
- WADDELL TR B is operated by Burlington Res O & G Co-Midland, Railroad Commission of Texas operator number 109336.
- Where is WADDELL TR B?
- WADDELL TR B is a Texas gas lease in Crane County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 192202.
- Is WADDELL TR B still producing?
- WADDELL TR B is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WADDELL TR B is August 2026.
- How much has WADDELL TR B produced?
- WADDELL TR B has reported 912,310 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between July 2002 and August 2026, from 1 wellbore.
- How much is WADDELL TR B worth?
- The remaining production from WADDELL TR B is estimated to be worth about $389K in total as of 26 August 2026, within a range of $323K to $456K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WADDELL TR B is a fraction of it. The estimate fits an Arps decline curve to the production WADDELL TR B has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WADDELL TR B is an estimate of value, not an offer and not an appraisal.
- How much income does WADDELL TR B generate in a year?
- WADDELL TR B is forecast to net about $59K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WADDELL TR B receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Burlington Res O & G Co-Midland |
|---|---|
| Field | Sand Hills (Judkins) |
| County | Crane County, Texas |
| RRC district | 08 |
| Lease number | 192202 |
| Wellbores | 1 |
| Reported production | 912,310 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $389K |
Where WADDELL TR B sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.