WADDELL

Name: WADDELL lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

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

Oil lease lease 31916District 08Field 49129198Hydrogen sulphide fieldOilCasinghead gasSave Export

Value, all time

$399 k

Jan 1993 – Feb 2019

Value, last 12 filed months

at the published price for each month

Months reported

314

no gaps in the span

Streams

oil, casinghead gas

The KEYSTONE (DEVONIAN) field

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 58 leases and 127 wells, and the rule below applies to all of them.

Discovered

1946-04-04

as the register files it

Field class

Oil and gas

the register's own label

Between wells

1,110 ft

minimum

From a lease line

555 ft

minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2019-02-26.

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: “FIELDS CONSOLIDATED INTO THE KEYSTONE (DEV-MCKEE CONS) FIELD.”

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.

Stream	Basis	Volume	Value
Oil	Disposition	7,926 bbl	$309,186
Casinghead gas	Production	15,295 Mcf	$90,247
Total			$399,433

843 Mcf of this lease's gas, across 27 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 (10)

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 31.9180, -103.0073. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.0 miles.

31.91733, -103.00935 · centre of 8 wells drawn, derived⌘ or Ctrl + scroll to zoom

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

100.0%

10 of 10 wells

With a plug date

20.0%

2 of 10 wells

Median depth

8,269 ft

7 wells filed one

Completion to plug

27.3 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

10100.0%

A plug date is filed

220.0%

BothOn the schedule and plugged. Neither fact cancels the other.

220.0%

NeitherNo plug date, and not on the schedule.

00.0%

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

Total depth in feet, 7 of 10 wells. Median 8,269 ft, with the middle half between 8,214 and 8,384 ft; the shallowest is 8,203 ft and the deepest 10,166 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 6 of 10 wells, Feb 1990 – Jul 2010. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed

Feb 1990 – Jul 2010

6 of 10 wells; 4 filed none

Plug dates filed

Aug 2006 – Jul 2023

2 of 10 wells; 8 filed none

Last completion to plug: a median of 27.3 years across the 1 well that filed both dates, with the middle half between 27.3 years and 27.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

10 wells


42-49501334	182	—	—	—	Yes
42-49501343	193W	—	—	—	Yes
42-49501348	199D	—	—	—	Yes
42-49501354	205	8,269 ft	—	Aug 2006	Yes
42-49501350	201W	8,205 ft	Jul 2010	—	Yes
42-49501339	189	8,223 ft	Mar 2007	—	Yes
42-49501263	109W	10,166 ft	Apr 1996	Jul 2023	Yes
42-49501361	212	8,378 ft	Sep 1992	—	Yes
42-49501331	179	8,389 ft	Aug 1992	—	Yes
42-49501266	112W	8,203 ft	Feb 1990	—	Yes

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 (314)

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

314 months


Feb 2019	0	0	50.85	2.79	$0
Jan 2019	0	0	46.03	3.23	$0
Dec 2018	0	0	46.59	4.19	$0
Nov 2018	0	0	52.93	4.24	$0
Oct 2018	0	0	61.44	3.40	$0
Sep 2018	0	0	59.54	3.11	$0
Aug 2018	0	0	59.40	3.07	$0
Jul 2018	0	0	65.14	2.93	$0
Jun 2018	0	0	60.18	3.08	$0
May 2018	0	0	65.38	2.90	$0
Apr 2018	0	0	63.84	2.90	$0
Mar 2018	0	0	61.22	2.79	$0
Feb 2018	0	0	61.78	2.77	$0
Jan 2018	0	0	62.87	4.01	$0
Dec 2017	0	0	57.27	2.92	$0
Nov 2017	0	0	55.42	3.12	$0
Oct 2017	0	0	49.29	2.98	$0
Sep 2017	0	0	47.52	3.09	$0
Aug 2017	0	0	45.37	3.00	$0
Jul 2017	0	0	43.87	3.09	$0
Jun 2017	0	0	42.49	3.09	$0
May 2017	0	0	45.37	3.26	$0
Apr 2017	0	0	47.93	3.21	$0
Mar 2017	0	0	46.77	2.98	$0
Feb 2017	0	0	50.45	2.95	$0
Jan 2017	0	0	49.41	3.42	$0
Dec 2016	0	0	48.76	3.72	$0
Nov 2016	0	0	42.49	2.64	$0
Oct 2016	0	0	46.19	3.09	$0
Sep 2016	0	0	41.55	3.10	$0
Aug 2016	0	0	41.44	2.92	$0
Jul 2016	0	0	41.62	2.92	$0
Jun 2016	0	0	45.35	2.69	$0
May 2016	0	0	42.52	1.99	$0
Apr 2016	0	0	36.56	1.99	$0
Mar 2016	0	0	33.01	1.79	$0
Feb 2016	0	0	26.47	2.06	$0
Jan 2016	0	0	27.35	2.36	$0
Dec 2015	0	0	32.36	2.00	$0
Nov 2015	0	0	38.79	2.17	$0
Oct 2015	0	0	43.55	2.43	$0
Sep 2015	0	0	42.99	2.76	$0
Aug 2015	0	0	40.16	2.87	$0
Jul 2015	0	0	48.15	2.95	$0
Jun 2015	0	0	56.15	2.88	$0
May 2015	0	0	55.21	2.96	$0
Apr 2015	0	0	49.82	2.71	$0
Mar 2015	0	0	42.89	2.93	$0
Feb 2015	0	0	44.66	2.98	$0
Jan 2015	0	0	43.43	3.10	$0
Dec 2014	0	0	54.69	3.59	$0
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	0	0	78.30	3.90	$0
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	0	0	89.39	4.04	$0
Jul 2014	0	0	96.56	4.18	$0
Jun 2014	0	0	98.16	4.74	$0
May 2014	0	0	94.73	4.73	$0
Apr 2014	0	0	95.94	4.81	$0
Mar 2014	0	0	95.89	5.06	$0
Feb 2014	0	0	97.40	6.19	$0
Jan 2014	0	0	90.40	4.86	$0
Dec 2013	0	0	91.82	4.35	$0
Nov 2013	0	0	88.85	3.74	$0
Oct 2013	0	0	97.42	3.78	$0
Sep 2013	0	0	104.11	3.72	$0
Aug 2013	0	0	104.25	3.52	$0
Jul 2013	0	0	102.52	3.72	$0
Jun 2013	0	0	94.40	3.93	$0
May 2013	0	0	94.83	4.15	$0
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	0	79.82	2.52	$0
May 2012	0	0	91.61	2.49	$0
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	0	0	95.72	3.31	$0
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	0	0	83.62	3.99	$0
Aug 2011	0	0	83.40	4.15	$0
Jul 2011	0	0	94.14	4.52	$0
Jun 2011	0	0	92.90	4.64	$0
May 2011	0	0	98.13	4.40	$0
Apr 2011	0	0	105.96	4.33	$0
Mar 2011	0	0	96.36	4.06	$0
Feb 2011	0	0	85.64	4.18	$0
Jan 2011	0	0	86.50	4.59	$0
Dec 2010	0	0	85.73	4.35	$0
Nov 2010	0	0	80.84	3.80	$0
Oct 2010	0	0	78.10	3.51	$0
Sep 2010	0	0	72.63	3.98	$0
Aug 2010	0	0	73.68	4.42	$0
Jul 2010	0	0	72.55	4.74	$0
Jun 2010	0	0	70.36	4.91	$0
May 2010	0	0	71.12	4.24	$0
Apr 2010	0	0	81.69	4.12	$0
Mar 2010	0	0	78.39	4.39	$0
Feb 2010	0	0	73.58	5.44	$0
Jan 2010	4	0	74.36	5.96	$297
Dec 2009	22	127	71.44	5.48	$2,268
Nov 2009	26	111	74.59	3.75	$2,356
Oct 2009	38	122	72.54	4.11	$3,258
Sep 2009	25	115	65.54	3.06	$1,991
Aug 2009	37	96	67.42	3.22	$2,804
Jul 2009	33	58	61.13	3.46	$2,218
Jun 2009	31	103	66.16	3.90	$2,452
May 2009	37	113	54.74	3.93	$2,469
Apr 2009	32	103	46.77	3.59	$1,866
Mar 2009	34	124	42.14	4.06	$1,936
Feb 2009	39	125	32.81	4.63	$1,859
Jan 2009	32	113	35.86	5.37	$1,754
Dec 2008	29	121	37.10	5.98	$1,799
Nov 2008	45	117	55.49	6.86	$3,300
Oct 2008	19	120	75.24	6.92	$2,260
Sep 2008	30	59	101.76	7.88	$3,518
Aug 2008	33	120	114.22	8.48	$4,787
Jul 2008	36	122	131.08	11.39	$6,108
Jun 2008	34	133	131.33	13.03	$6,199
May 2008	35	116	123.17	11.57	$5,654
Apr 2008	35	135	110.31	10.45	$5,272
Mar 2008	47	140	101.90	9.66	$6,142
Feb 2008	48	99	92.53	8.77	$5,310
Jan 2008	49	107	90.38	8.21	$5,307
Dec 2007	53	95	88.33	7.30	$5,375
Nov 2007	44	114	91.67	7.29	$4,865
Oct 2007	54	126	82.85	6.92	$5,346
Sep 2007	43	128	75.84	6.24	$4,060
Aug 2007	48	108	69.06	6.39	$4,005
Jul 2007	45	121	70.90	6.39	$3,963
Jun 2007	59	108	62.00	7.55	$4,473
May 2007	33	108	58.74	7.85	$2,786
Apr 2007	52	129	59.61	7.81	$4,107
Mar 2007	47	119	56.92	7.30	$3,544
Feb 2007	47	103	55.10	8.22	$3,436
Jan 2007	25	126	50.30	6.73	$2,105
Dec 2006	44	139	56.65	6.92	$3,454
Nov 2006	34	104	54.20	7.62	$2,635
Oct 2006	42	160	54.90	6.01	$3,268
Sep 2006	52	180	60.08	5.04	$4,031
Aug 2006	62	159	68.71	7.34	$5,427
Jul 2006	75	159	69.37	6.34	$6,211
Jun 2006	48	171	66.28	6.38	$4,273
May 2006	70	195	66.01	6.42	$5,874
Apr 2006	68	202	64.39	7.36	$5,865
Mar 2006	59	147	56.70	7.08	$4,386
Feb 2006	72	41	57.59	7.75	$4,464
Jan 2006	63	150	60.59	8.93	$5,157
Dec 2005	53	154	54.94	13.42	$4,978
Nov 2005	73	170	54.69	10.59	$5,792
Oct 2005	40	174	58.34	13.80	$4,734
Sep 2005	35	164	61.45	12.08	$4,132
Aug 2005	34	197	61.51	9.80	$4,021
Jul 2005	56	180	55.69	7.84	$4,531
Jun 2005	61	173	52.33	7.38	$4,469
May 2005	88	168	45.22	6.65	$5,097
Apr 2005	96	146	49.20	7.36	$5,798
Mar 2005	90	316	50.37	7.15	$6,794
Feb 2005	127	153	45.22	6.31	$6,709
Jan 2005	43	141	43.16	6.32	$2,747
Dec 2004	0	0	39.86	6.75	$0
Nov 2004	0	0	45.28	6.33	$0
Oct 2004	51	58	49.70	6.52	$2,913
Sep 2004	56	61	43.24	5.28	$2,744
Aug 2004	55	120	42.37	5.55	$2,996
Jul 2004	35	13	38.28	6.08	$1,419
Jun 2004	32	134	36.10	6.43	$2,017
May 2004	41	190	37.48	6.49	$2,771
Apr 2004	47	192	34.47	5.86	$2,745
Mar 2004	59	97	34.36	5.53	$2,564
Feb 2004	63	95	32.45	5.51	$2,568
Jan 2004	65	110	32.03	6.30	$2,775
Dec 2003	50	101	30.26	6.30	$2,149
Nov 2003	67	100	28.80	4.60	$2,389
Oct 2003	58	116	28.17	4.76	$2,186
Sep 2003	57	100	26.31	4.75	$1,975
Aug 2003	59	101	29.76	5.13	$2,274
Jul 2003	56	101	29.41	5.17	$2,169
Jun 2003	53	99	28.56	5.98	$2,106
May 2003	55	82	26.59	5.97	$1,952
Apr 2003	60	96	26.67	5.41	$2,119
Mar 2003	64	101	31.14	6.10	$2,609
Feb 2003	58	83	33.48	7.93	$2,600
Jan 2003	75	90	30.31	5.58	$2,776
Dec 2002	51	96	26.91	4.85	$1,838
Nov 2002	65	97	24.66	4.14	$2,004
Oct 2002	47	103	26.46	4.23	$1,679
Sep 2002	63	107	27.44	3.64	$2,118
Aug 2002	49	111	25.96	3.16	$1,623
Jul 2002	57	121	24.58	3.06	$1,772
Jun 2002	58	125	23.73	3.34	$1,794
May 2002	59	105	24.66	3.58	$1,831
Apr 2002	61	86	23.65	3.51	$1,745
Mar 2002	61	74	22.00	3.10	$1,572
Feb 2002	57	0	18.22	2.38	$1,039
Jan 2002	81	101	17.17	2.38	$1,631
Dec 2001	81	111	16.93	2.36	$1,634
Nov 2001	69	103	18.07	2.41	$1,495
Oct 2001	76	101	19.78	2.53	$1,759
Sep 2001	68	107	24.26	2.25	$1,891
Aug 2001	74	105	24.87	3.05	$2,161
Jul 2001	55	130	23.93	3.20	$1,732
Jun 2001	54	127	24.56	3.82	$1,812
May 2001	53	129	25.52	4.31	$1,908
Apr 2001	78	159	24.68	5.34	$2,773
Mar 2001	79	160	24.54	5.38	$2,799
Feb 2001	59	137	27.75	5.77	$2,427
Jan 2001	73	152	27.47	8.40	$3,282
Dec 2000	74	154	26.88	9.12	$3,394
Nov 2000	67	142	32.21	5.66	$2,962
Oct 2000	76	149	31.23	5.15	$3,140
Sep 2000	48	139	31.87	5.19	$2,251
Aug 2000	82	147	29.64	4.54	$3,098
Jul 2000	69	155	28.53	4.09	$2,602
Jun 2000	82	150	29.30	4.40	$3,062
May 2000	117	214	27.26	3.68	$3,977
Apr 2000	0	0	24.51	3.12	$0
Mar 2000	0	0	28.42	2.86	$0
Feb 2000	0	0	27.62	2.73	$0
Jan 2000	0	0	25.27	2.48	$0
Dec 1999	0	0	24.28	2.42	$0
Nov 1999	0	0	23.19	2.43	$0
Oct 1999	0	0	20.98	2.80	$0
Sep 1999	0	0	21.75	2.62	$0
Aug 1999	0	0	19.26	2.88	$0
Jul 1999	0	0	17.89	2.37	$0
Jun 1999	0	0	15.94	2.36	$0
May 1999	0	0	15.79	2.32	$0
Apr 1999	0	0	15.10	2.21	$0
Mar 1999	0	0	12.47	1.84	$0
Feb 1999	0	0	9.98	1.82	$0
Jan 1999	0	0	10.38	1.90	$0
Dec 1998	0	0	9.20	1.77	$0
Nov 1998	0	0	10.89	2.19	$0
Oct 1998	0	0	12.42	1.97	$0
Sep 1998	0	0	12.59	2.08	$0
Aug 1998	0	0	11.30	1.91	$0
Jul 1998	2	0	11.74	2.24	$23
Jun 1998	20	0	11.24	2.24	$225
May 1998	22	0	12.62	2.21	$278
Apr 1998	19	0	13.04	2.51	$248
Mar 1998	21	39	12.80	2.31	$359
Feb 1998	18	24	13.95	2.30	$306
Jan 1998	23	26	14.70	2.15	$394
Dec 1997	22	29	16.32	2.41	$429
Nov 1997	24	30	18.19	3.09	$529
Oct 1997	24	0	19.25	3.15	$462
Sep 1997	21	29	17.74	2.95	$458
Aug 1997	22	0	17.86	2.55	$393
Jul 1997	23	0	17.58	2.25	$404
Jun 1997	21	24	17.24	2.26	$416
May 1997	22	0	18.97	2.31	$417
Apr 1997	22	23	17.88	2.08	$441
Mar 1997	21	23	18.95	1.94	$443
Feb 1997	21	21	20.49	2.21	$477
Jan 1997	22	20	23.48	3.54	$587
Dec 1996	19	19	23.32	—	$443
Nov 1996	23	23	21.97	—	$505
Oct 1996	24	25	23.31	—	$559
Sep 1996	23	39	22.22	—	$511
Aug 1996	25	40	20.26	—	$507
Jul 1996	26	43	19.55	—	$508
Jun 1996	25	43	18.73	—	$468
May 1996	25	0	19.43	—	$486
Apr 1996	27	0	21.51	—	$581
Mar 1996	27	0	19.38	—	$523
Feb 1996	24	0	16.98	—	$408
Jan 1996	31	0	17.07	—	$529
Dec 1995	28	0	17.19	—	$481
Nov 1995	20	0	16.00	—	$320
Oct 1995	20	0	15.43	—	$309
Sep 1995	20	0	16.18	—	$324
Aug 1995	20	0	15.92	—	$318
Jul 1995	20	0	15.24	—	$305
Jun 1995	18	0	16.41	—	$295
May 1995	22	0	17.56	—	$386
Apr 1995	20	0	17.73	—	$355
Mar 1995	22	0	16.44	—	$362
Feb 1995	20	0	16.58	—	$332
Jan 1995	22	0	15.92	—	$350
Dec 1994	24	0	15.03	—	$361
Nov 1994	22	0	15.90	—	$350
Oct 1994	24	0	15.58	—	$374
Sep 1994	22	0	15.29	—	$336
Aug 1994	22	1	16.13	—	$355
Jul 1994	22	25	17.56	—	$386
Jun 1994	21	31	17.09	—	$359
May 1994	24	1	15.88	—	$381
Apr 1994	22	1	14.14	—	$311
Mar 1994	26	7	12.46	—	$324
Feb 1994	20	162	12.50	—	$250
Jan 1994	26	22	12.66	—	$329
Dec 1993	26	22	12.33	—	$321
Nov 1993	24	22	14.49	—	$348
Oct 1993	26	25	15.85	—	$412
Sep 1993	28	21	15.03	—	$421
Aug 1993	28	45	15.66	—	$438
Jul 1993	36	4	15.46	—	$557
Jun 1993	24	50	16.79	—	$403
May 1993	28	73	17.68	—	$495
Apr 1993	36	20	18.05	—	$650
Mar 1993	105	21	18.14	—	$1,905
Feb 1993	85	31	17.90	—	$1,522
Jan 1993	40	27	16.93	—	$677

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.

Jan 2010 — as filed, then multipliedworked

Oil                    4 bbl  × $ 74.36 =       $297
Casinghead gas         0 Mcf  × $  5.96 =         $0

────────────────────────────────────────────────────
Month total                                     $297

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/31916 is the state's own key, not one this site invented.