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 7 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 683,183 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 $181K, with roughly $83K expected over the next twelve months.

OperatorSouthland Royalty Co.-Midland
FieldWaddell (Silurian)
CountyCrane County, Texas
RRC district08
Lease number08732
Wellbores7
Reported production683,183 bbl
First reportedJanuary 1993
Last reportedAugust 2026
Estimated royalty value$181K

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.