WADDELL TR 1
WADDELL TR 1 is a Texas oil lease in Crane County, Railroad Commission district 08, operated by Burlington Res O & G Co-Midland. It has 11 wellbores on file with the Commission. Reported production runs from April 2004 to August 2026, totalling 47,379 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 $22K, with roughly $3K expected over the next twelve months.
| Operator | Burlington Res O & G Co-Midland |
|---|---|
| Field | Waddell (Grayburg) |
| County | Crane County, Texas |
| RRC district | 08 |
| Lease number | 37331 |
| Wellbores | 11 |
| Reported production | 47,379 bbl |
| First reported | April 2004 |
| Last reported | August 2026 |
| Estimated royalty value | $22K |
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.