WADDEL TR 1-W
WADDEL TR 1-W is a Texas oil lease in Crane County, Railroad Commission district 08, operated by Southland Royalty Co.-Midland. It has 343 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 10,243,720 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 $136K, with roughly $33K expected over the next twelve months.
| Operator | Southland Royalty Co.-Midland |
|---|---|
| Field | Waddell |
| County | Crane County, Texas |
| RRC district | 08 |
| Lease number | 07155 |
| Wellbores | 343 |
| Reported production | 10,243,720 bbl |
| First reported | January 1993 |
| Last reported | August 2026 |
| Estimated royalty value | $136K |
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.