WADDELL TR AD1 7J
WADDELL TR AD1 7J 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 18,033 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 $1.4M, with roughly $501K 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 981 barrels a month. Its strongest month on the record we hold was April 2025, at 2,578 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 7J
- Who operates WADDELL TR AD1 7J?
- WADDELL TR AD1 7J is operated by Blackbeard Operating, LLC, Railroad Commission of Texas operator number 073056.
- Where is WADDELL TR AD1 7J?
- WADDELL TR AD1 7J is a Texas oil lease in Crane County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 63375.
- Is WADDELL TR AD1 7J still producing?
- WADDELL TR AD1 7J is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WADDELL TR AD1 7J is August 2026.
- How much has WADDELL TR AD1 7J produced?
- WADDELL TR AD1 7J has reported 18,033 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 7J worth?
- The remaining production from WADDELL TR AD1 7J is estimated to be worth about $1.4M in total as of 27 August 2026, within a range of $1.1M to $1.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WADDELL TR AD1 7J is a fraction of it. The estimate fits an Arps decline curve to the production WADDELL TR AD1 7J 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 7J is an estimate of value, not an offer and not an appraisal.
- How much income does WADDELL TR AD1 7J generate in a year?
- WADDELL TR AD1 7J is forecast to net about $501K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in WADDELL TR AD1 7J receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Blackbeard Operating, LLC |
|---|---|
| Field | Sand Hills (Judkins) |
| County | Crane County, Texas |
| RRC district | 08 |
| Lease number | 63375 |
| Wellbores | 1 |
| Reported production | 18,033 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.4M |
Where WADDELL TR AD1 7J 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.