WADDELL TR CAB 7M
WADDELL TR CAB 7M 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 November 2024 to August 2026, totalling 105,207 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 $13.4M, with roughly $3.8M 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 5,576 barrels a month. Its strongest month on the record we hold was March 2025, at 8,642 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 CAB 7M
- Who operates WADDELL TR CAB 7M?
- WADDELL TR CAB 7M is operated by Blackbeard Operating, LLC, Railroad Commission of Texas operator number 073056.
- Where is WADDELL TR CAB 7M?
- WADDELL TR CAB 7M is a Texas oil lease in Crane County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 62613.
- Is WADDELL TR CAB 7M still producing?
- WADDELL TR CAB 7M is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WADDELL TR CAB 7M is August 2026.
- How much has WADDELL TR CAB 7M produced?
- WADDELL TR CAB 7M has reported 105,207 barrels of oil (bbl) to the Railroad Commission of Texas between November 2024 and August 2026, from 1 wellbore.
- How much is WADDELL TR CAB 7M worth?
- The remaining production from WADDELL TR CAB 7M is estimated to be worth about $13.4M in total as of 27 August 2026, within a range of $11.1M to $15.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WADDELL TR CAB 7M is a fraction of it. The estimate fits an Arps decline curve to the production WADDELL TR CAB 7M 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 CAB 7M is an estimate of value, not an offer and not an appraisal.
- How much income does WADDELL TR CAB 7M generate in a year?
- WADDELL TR CAB 7M is forecast to net about $3.8M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in WADDELL TR CAB 7M receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Blackbeard Operating, LLC |
|---|---|
| Field | Sand Hills (Mcknight) |
| County | Crane County, Texas |
| RRC district | 08 |
| Lease number | 62613 |
| Wellbores | 1 |
| Reported production | 105,207 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $13.4M |
Where WADDELL TR CAB 7M 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.