WADDELL TR 1
WADDELL TR 1 is a Texas oil lease in Crane County, Railroad Commission district 08, operated by Blackbeard Operating, Llc. It has 6 wellbores on file with the Commission. Reported production runs from February 2023 to August 2026, totalling 174,709 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 $165K, with roughly $57K expected over the next twelve months.
| Operator | Blackbeard Operating, Llc |
|---|---|
| Field | Block 31, Nw. (Penn Upper) |
| County | Crane County, Texas |
| RRC district | 08 |
| Lease number | 59700 |
| Wellbores | 6 |
| Reported production | 174,709 bbl |
| First reported | February 2023 |
| Last reported | August 2026 |
| Estimated royalty value | $165K |
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.