WADDELL TR I

Operated by BLACKBEARD OPERATING, LLC (P-5 73056) in the SAND HILLS, S. (HOLT) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 20327District 08Field 80478250Hydrogen sulphide fieldNGPA filingOilCasinghead gasSaveExport
Value, all time
$846 k
Jan 1993 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
oil, casinghead gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 14 leases and 19 wells, and the rule below applies to all of them.

Discovered
1963-04-30
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,750 ft
minimum
From a lease line
550 ft
minimum

A drilling unit in this field needs at least 320 acres.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: 100% AOF CHANGED TO ONE WELL FIELD 10/1/93

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
OilDisposition28,909 bbl$770,739
Casinghead gasProduction37,969 Mcf$75,074
Total$845,814

18,695 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (5)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 31.3812, -102.6132. A lease has no coordinate of its own — that point is the mean of its wells, and they span 2.4 miles.

31.38164, -102.61898 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
80.0%
4 of 5 wells
With a plug date
60.0%
3 of 5 wells
Median depth
5,077 ft
4 wells filed one
Completion to plug
21.3 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
480.0%
A plug date is filed
360.0%
BothOn the schedule and plugged. Neither fact cancels the other.
360.0%
NeitherNo plug date, and not on the schedule.
120.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

Between 3,680 and 5,980 ft, median 5,077 ft, over the 4 wells that filed a depth.

Completions filed
Nov 1972 – Apr 2016
3 of 5 wells; 2 filed none
Plug dates filed
Aug 2016 – Aug 2020
3 of 5 wells; 2 filed none

Last completion to plug: a median of 21.3 years across the 2 wells that filed both dates, with the middle half between 10.8 years and 31.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

5 wells

42-103100398633,680 ftOct 2019Yes
42-10310899933
42-103109699445,980 ftApr 2016Aug 2016Yes
42-103109859564,498 ftJun 1978Aug 2020Yes
42-103022933795,655 ftNov 1972Yes

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (401)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

401 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20143095.944.81$288
Mar 201429095.895.06$2,781
Feb 201415097.406.19$1,461
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20133091.233.42$274
Jan 201322091.603.42$2,015
Dec 201227086.773.42$2,343
Nov 201235086.953.62$3,043
Oct 201237089.383.40$3,307
Sep 201241094.672.92$3,881
Aug 201284092.662.91$7,783
Jul 2012174085.133.02$14,813
Jun 2012170079.822.52$13,569
May 2012126091.612.49$11,543
Apr 20121510101.652.00$15,349
Mar 20121140105.052.22$11,976
Feb 20121060101.102.57$10,717
Jan 201220098.092.73$1,962
Dec 201128096.873.24$2,712
Nov 201128095.723.31$2,680
Oct 201184084.983.65$7,138
Sep 201158083.623.99$4,850
Aug 201127083.404.15$2,252
Jul 201132094.144.52$3,012
Jun 201131092.904.64$2,880
May 201150098.134.40$4,907
Apr 2011530105.964.33$5,616
Mar 2011711796.364.06$6,911
Feb 2011437785.644.18$4,004
Jan 20114414686.504.59$4,476
Dec 20107616485.734.35$7,229
Nov 2010628980.843.80$5,350
Oct 201076078.103.51$5,936
Sep 2010896072.633.98$6,703
Aug 2010629273.684.42$4,975
Jul 20105111072.554.74$4,221
Jun 2010516370.364.91$3,898
May 20105210871.124.24$4,156
Apr 20105910181.694.12$5,236
Mar 2010567178.394.39$4,701
Feb 2010126073.585.44$1,210
Jan 2010496174.365.96$4,007
Dec 20093612971.445.48$3,279
Nov 20092713174.593.75$2,505
Oct 20095011072.544.11$4,079
Sep 2009468765.543.06$3,281
Aug 2009478067.423.22$3,426
Jul 2009399461.133.46$2,710
Jun 20093215366.163.90$2,713
May 2009016054.743.93$628
Apr 200913546.773.59$172
Mar 200911742.144.06$492
Feb 2009426332.814.63$1,670
Jan 20092910235.865.37$1,588
Dec 200865137.105.98$527
Nov 2008372955.496.86$2,252
Oct 2008307775.246.92$2,790
Sep 20081460101.767.88$1,897
Aug 2008529114.228.48$817
Jul 20082636131.0811.39$3,818
Jun 2008026131.3313.03$339
May 2008136123.1711.57$540
Apr 20081970110.3110.45$2,828
Mar 20082864101.909.66$3,472
Feb 2008315692.538.77$3,360
Jan 20081414190.388.21$2,422
Dec 2007346188.337.30$3,449
Nov 2007336491.677.29$3,492
Oct 2007357782.856.92$3,433
Sep 2007317575.846.24$2,819
Aug 2007386569.066.39$3,040
Jul 2007357070.906.39$2,929
Jun 2007346962.007.55$2,629
May 2007346358.747.85$2,491
Apr 2007375359.617.81$2,619
Mar 2007356156.927.30$2,438
Feb 2007336055.108.22$2,311
Jan 2007445450.306.73$2,576
Dec 200633056.656.92$1,869
Nov 200613054.207.62$705
Oct 20060054.906.01$0
Sep 20062060.085.04$120
Aug 200625068.717.34$1,718
Jul 200634069.376.34$2,359
Jun 2006325366.286.38$2,459
May 20069066.016.42$594
Apr 20062064.397.36$129
Mar 2006205156.707.08$1,495
Feb 2006362657.597.75$2,275
Jan 2006211660.598.93$1,415
Dec 200518954.9413.42$1,110
Nov 2005271254.6910.59$1,604
Oct 2005355858.3413.80$2,842
Sep 2005337961.4512.08$2,982
Aug 2005177261.519.80$1,751
Jul 200564255.697.84$664
Jun 2005142752.337.38$932
May 2005153745.226.65$924
Apr 2005154049.207.36$1,032
Mar 2005133750.377.15$920
Feb 2005312645.226.31$1,566
Jan 2005362843.166.32$1,731
Dec 2004363139.866.75$1,644
Nov 2004322245.286.33$1,588
Oct 2004411949.706.52$2,161
Sep 2004363343.245.28$1,731
Aug 2004387442.375.55$2,021
Jul 2004406038.286.08$1,896
Jun 2004337036.106.43$1,642
May 2004357037.486.49$1,766
Apr 2004347234.475.86$1,594
Mar 2004297334.365.53$1,400
Feb 200401932.455.51$105
Jan 200477232.036.30$678
Dec 2003553030.266.30$1,853
Nov 2003507828.804.60$1,798
Oct 20037610828.174.76$2,655
Sep 20038610626.314.75$2,766
Aug 2003413829.765.13$1,415
Jul 2003472929.415.17$1,532
Jun 2003311928.565.98$999
May 2003251426.595.97$748
Apr 2003263926.675.41$904
Mar 2003516731.146.10$1,997
Feb 20031026833.487.93$3,954
Jan 2003316730.315.58$1,314
Dec 2002306526.914.85$1,123
Nov 2002296024.664.14$963
Oct 2002304526.464.23$984
Sep 2002347527.443.64$1,206
Aug 2002338525.963.16$1,126
Jul 2002338924.583.06$1,084
Jun 2002348723.733.34$1,097
May 2002379924.663.58$1,267
Apr 2002358623.653.51$1,130
Mar 2002367322.003.10$1,019
Feb 200233818.222.38$620
Jan 2002425317.172.38$847
Dec 2001425916.932.36$851
Nov 2001453218.072.41$890
Oct 2001329519.782.53$873
Sep 20014311424.262.25$1,300
Aug 200112022224.873.05$3,662
Jul 200111924623.933.20$3,634
Jun 200114920024.563.82$4,424
May 200118821425.524.31$5,720
Apr 200115617424.685.34$4,778
Mar 20019622224.545.38$3,549
Feb 200111018827.755.77$4,137
Jan 200117519027.478.40$6,403
Dec 200014921026.889.12$5,921
Nov 200013422632.215.66$5,595
Oct 200014119231.235.15$5,391
Sep 200016125031.875.19$6,428
Aug 200015418229.644.54$5,391
Jul 200015417428.534.09$5,105
Jun 200016614929.304.40$5,519
May 200016316627.263.68$5,054
Apr 200017015624.513.12$4,653
Mar 200017215628.422.86$5,334
Feb 200016015227.622.73$4,834
Jan 200019414825.272.48$5,269
Dec 199920716924.282.42$5,436
Nov 199918937623.192.43$5,298
Oct 199921738820.982.80$5,641
Sep 199919633021.752.62$5,127
Aug 199914930019.262.88$3,732
Jul 199935550517.892.37$7,549
Jun 199929242615.942.36$5,661
May 199928537515.792.32$5,371
Apr 199928543115.102.21$5,255
Mar 199924447412.471.84$3,914
Feb 19992614229.981.82$3,372
Jan 199929249110.381.90$3,964
Dec 19982654769.201.77$3,282
Nov 199824947110.892.19$3,741
Oct 199825252612.421.97$4,166
Sep 199821844112.592.08$3,663
Aug 199823530611.301.91$3,239
Jul 19982425711.742.24$2,969
Jun 19983316811.242.24$3,873
May 19982615012.622.21$3,404
Apr 19982955213.042.51$3,977
Mar 19983015212.802.31$3,973
Feb 19982494913.952.30$3,586
Jan 19982909714.702.15$4,472
Dec 19972355516.322.41$3,968
Nov 1997295218.193.09$5,372
Oct 19972815819.253.15$5,592
Sep 19972945817.742.95$5,387
Aug 19972956417.862.55$5,432
Jul 19972143517.582.25$3,841
Jun 199735817417.242.26$6,565
May 199722328118.972.31$4,879
Apr 199720041417.882.08$4,438
Mar 19971994418.951.94$3,856
Feb 19972495520.492.21$5,223
Jan 19971455223.483.54$3,589
Dec 19962044923.32$4,757
Nov 19962224921.97$4,877
Oct 19961884523.31$4,382
Sep 19961801,28122.22$4,000
Aug 19961794320.26$3,627
Jul 19961444719.55$2,815
Jun 199618011218.73$3,371
May 199622311519.43$4,333
Apr 199621712421.51$4,668
Mar 199621616819.38$4,186
Feb 19962024116.98$3,430
Jan 19962525017.07$4,302
Dec 199523031917.19$3,954
Nov 199528127916.00$4,496
Oct 199527719815.43$4,274
Sep 199525518916.18$4,126
Aug 19952281,21715.92$3,630
Jul 19952831,10415.24$4,313
Jun 199524522316.41$4,020
May 199526626117.56$4,671
Apr 199523929917.73$4,237
Mar 199528036816.44$4,603
Feb 199517352416.58$2,868
Jan 199520591915.92$3,264
Dec 199423083215.03$3,457
Nov 199417272515.90$2,735
Oct 199420049915.58$3,116
Sep 199420930815.29$3,196
Aug 199423423116.13$3,774
Jul 199423213017.56$4,074
Jun 199420513717.09$3,503
May 199434119215.88$5,415
Apr 199428219514.14$3,987
Mar 199427821812.46$3,464
Feb 199418017012.50$2,250
Jan 199414617612.66$1,848
Dec 199321842912.33$2,688
Nov 199320931714.49$3,028
Oct 199320056615.85$3,170
Sep 199343350215.03$6,508
Aug 199327958115.66$4,369
Jul 199324572615.46$3,788
Jun 199323578816.79$3,946
May 199329694617.68$5,233
Apr 199331763118.05$5,722
Mar 199354341318.14$9,850
Feb 1993015217.90$0
Jan 199324580716.93$4,148

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

Apr 2014 — as filed, then multipliedworked
Oil                    3 bbl  × $ 95.94 =       $288
Casinghead gas         0 Mcf  × $  4.81 =         $0

────────────────────────────────────────────────────
Month total                                     $288

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 08/O/20327 is the state's own key, not one this site invented.