WADDELL TR 1
WADDELL TR 1 is a Texas oil lease in Crane County, Railroad Commission district 08, operated by Southland Royalty Co.-Midland. It has 548 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 9,459,437 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $449K, with roughly $126K expected over the next twelve months.
| Operator | Southland Royalty Co.-Midland |
|---|---|
| Field | Dune |
| County | Crane County, Texas |
| RRC district | 08 |
| Lease number | 01224 |
| Wellbores | 548 |
| Reported production | 9,459,437 bbl |
| First reported | January 1993 |
| Last reported | August 2026 |
| Estimated royalty value | $449K |
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.