WADDELL TR AD1 6L
WADDELL TR AD1 6L 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 19,782 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 $353K, with roughly $289K 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 1,239 barrels a month. Its strongest month on the record we hold was April 2025, at 2,527 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 6L
- Who operates WADDELL TR AD1 6L?
- WADDELL TR AD1 6L is operated by Blackbeard Operating, LLC, Railroad Commission of Texas operator number 073056.
- Where is WADDELL TR AD1 6L?
- WADDELL TR AD1 6L is a Texas oil lease in Crane County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 63410.
- Is WADDELL TR AD1 6L still producing?
- WADDELL TR AD1 6L is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WADDELL TR AD1 6L is August 2026.
- How much has WADDELL TR AD1 6L produced?
- WADDELL TR AD1 6L has reported 19,782 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 6L worth?
- The remaining production from WADDELL TR AD1 6L is estimated to be worth about $353K in total as of 27 August 2026, within a range of $293K to $413K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WADDELL TR AD1 6L is a fraction of it. The estimate fits an Arps decline curve to the production WADDELL TR AD1 6L 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 6L is an estimate of value, not an offer and not an appraisal.
- How much income does WADDELL TR AD1 6L generate in a year?
- WADDELL TR AD1 6L is forecast to net about $289K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in WADDELL TR AD1 6L receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Blackbeard Operating, LLC |
|---|---|
| Field | Sand Hills (Tubb) |
| County | Crane County, Texas |
| RRC district | 08 |
| Lease number | 63410 |
| Wellbores | 1 |
| Reported production | 19,782 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $353K |
Where WADDELL TR AD1 6L 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.