WADDELL TR AD1 7U
WADDELL TR AD1 7U is a Texas oil lease in Crane County, Railroad Commission district 08, operated by Blackbeard Operating, LLC. It has 1 wellbore on file with the Commission. Reported production runs from February 2025 to August 2026, totalling 18,457 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $1.6M, with roughly $567K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 1,088 barrels a month. Its strongest month on the record we hold was March 2025, at 2,295 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about WADDELL TR AD1 7U
- Who operates WADDELL TR AD1 7U?
- WADDELL TR AD1 7U is operated by Blackbeard Operating, LLC, Railroad Commission of Texas operator number 073056.
- Where is WADDELL TR AD1 7U?
- WADDELL TR AD1 7U is a Texas oil lease in Crane County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 63240.
- Is WADDELL TR AD1 7U still producing?
- WADDELL TR AD1 7U is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WADDELL TR AD1 7U is August 2026.
- How much has WADDELL TR AD1 7U produced?
- WADDELL TR AD1 7U has reported 18,457 barrels of oil (bbl) to the Railroad Commission of Texas between February 2025 and August 2026, from 1 wellbore.
- How much is WADDELL TR AD1 7U worth?
- The remaining production from WADDELL TR AD1 7U is estimated to be worth about $1.6M in total as of 26 August 2026, within a range of $1.4M to $1.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WADDELL TR AD1 7U is a fraction of it. The estimate fits an Arps decline curve to the production WADDELL TR AD1 7U has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WADDELL TR AD1 7U is an estimate of value, not an offer and not an appraisal.
- How much income does WADDELL TR AD1 7U generate in a year?
- WADDELL TR AD1 7U is forecast to net about $567K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WADDELL TR AD1 7U receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Blackbeard Operating, LLC |
|---|---|
| Field | Sand Hills (Clear Fork) |
| County | Crane County, Texas |
| RRC district | 08 |
| Lease number | 63240 |
| Wellbores | 1 |
| Reported production | 18,457 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.6M |
Where WADDELL TR AD1 7U sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
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. How this estimate is calculated.