WADDELL TR B
WADDELL TR B is a Texas gas lease in Crane County, Railroad Commission district 08, operated by Southland Royalty Co.-Midland. It has 1 wellbore on file with the Commission. Reported production runs from August 1994 to August 2026, totalling 829,393 thousand cubic feet. 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 $68K, with roughly $11K 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 485 thousand cubic feet a month. Its strongest month on the record we hold was June 2022, at 1,924 thousand cubic feet. 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 B
- Who operates WADDELL TR B?
- WADDELL TR B is operated by Southland Royalty Co.-Midland, Railroad Commission of Texas operator number 805625.
- Where is WADDELL TR B?
- WADDELL TR B is a Texas gas lease in Crane County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 152000.
- Is WADDELL TR B still producing?
- WADDELL TR B is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WADDELL TR B is August 2026.
- How much has WADDELL TR B produced?
- WADDELL TR B has reported 829,393 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between August 1994 and August 2026, from 1 wellbore.
- How much is WADDELL TR B worth?
- The remaining production from WADDELL TR B is estimated to be worth about $68K in total as of 26 August 2026, within a range of $53K to $83K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WADDELL TR B is a fraction of it. The estimate fits an Arps decline curve to the production WADDELL TR B 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 B is an estimate of value, not an offer and not an appraisal.
- How much income does WADDELL TR B generate in a year?
- WADDELL TR B is forecast to net about $11K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WADDELL TR B receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Southland Royalty Co.-Midland |
|---|---|
| Field | Sand Hills (Wojcik-Mcelroy) |
| County | Crane County, Texas |
| RRC district | 08 |
| Lease number | 152000 |
| Wellbores | 1 |
| Reported production | 829,393 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $68K |
Where WADDELL TR B 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.