WADDELL TR 1

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

Oil lease lease 37331District 08Field 94482375OilCasinghead gasSaveExport
Value, all time
$7.0 M
Apr 2004 – May 2026
Value, last 12 filed months
$197 k
at the published price for each month
Months reported
266
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 61 leases and 75 wells, and the rule below applies to all of them.

Discovered
1928-04-10
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1986-02-01.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA ADMIN.SUSPENDED EFFECTIVE 1-1-93.

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
OilDisposition47,353 bbl$3,079,500
Casinghead gasProduction899,892 Mcf$3,939,542
Total$7,019,042

Wells on this lease (11)

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 31.6117, -102.5018. A lease has no coordinate of its own — that point is the mean of its wells, and they span 2.9 miles.

31.60763, -102.49908 · 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
18.2%
2 of 11 wells
With a plug date
18.2%
2 of 11 wells
Median depth
3,542 ft
11 wells filed one
Completion to plug
6.1 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
218.2%
A plug date is filed
218.2%
BothOn the schedule and plugged. Neither fact cancels the other.
218.2%
NeitherNo plug date, and not on the schedule.
981.8%

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, 11 of 11 wells. Median 3,542 ft, with the middle half between 3,505 and 3,555 ft; the shallowest is 3,495 ft and the deepest 3,700 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, 11 of 11 wells, Jul 2002 – Jun 2025. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Jul 2002 – Jun 2025
11 of 11 wells
Plug dates filed
Apr 2021 – Sep 2025
2 of 11 wells; 9 filed none

Last completion to plug: a median of 6.1 years across the 2 wells that filed both dates, with the middle half between 4.3 years and 7.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

11 wells

42-1033299611703,550 ftJun 2025
42-10301065833,500 ftNov 2018Apr 2021Yes
42-103011693123,560 ftJan 2016Sep 2025Yes
42-103009791763,542 ftMay 2015
42-103011472903,550 ftJul 2010
42-10300907993,510 ftJan 2007
42-103103888733,700 ftJul 2005
42-103010122113,525 ftJun 2005
42-10300897893,495 ftAug 2004
42-103009961943,495 ftJun 2004
42-103103878723,570 ftJul 2002

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 (266)

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

266 months

May 2026872,735106.413.05$17,588
Apr 2026682,91498.932.87$15,090
Mar 2026962,46989.753.15$16,392
Feb 20261002,11263.503.75$14,271
Jan 20261252,47559.138.00$27,186
Dec 20251032,37756.664.41$16,327
Nov 20251112,39358.593.93$15,899
Oct 2025972,34659.383.30$13,513
Sep 20251052,39762.743.08$13,963
Aug 20251172,15763.933.01$13,983
Jul 20251172,52066.743.32$16,163
Jun 20251132,76166.483.13$16,151
May 20251412,66860.553.23$17,161
Apr 20251223,93262.363.54$21,539
Mar 20251424,92767.704.27$30,643
Feb 20251133,68170.884.34$23,988
Jan 20251505,01574.324.28$32,606
Dec 20241054,18768.993.12$20,313
Nov 20241332,75269.052.20$15,234
Oct 20241033,10671.372.28$14,437
Sep 20241183,43269.612.36$16,328
Aug 20241103,79575.632.06$16,151
Jul 20241213,75479.932.15$17,730
Jun 20241113,05378.082.63$16,708
May 20241433,83278.812.20$19,694
Apr 2024943,61084.451.66$13,928
Mar 2024973,75280.301.55$13,586
Feb 2024953,49176.091.78$13,455
Jan 20241453,13973.023.30$20,939
Dec 20231783,71871.262.61$22,391
Nov 20231443,85877.892.81$22,048
Oct 20232613,94085.443.09$34,464
Sep 2023156089.042.74$13,890
Aug 20232033,62380.522.67$26,029
Jul 20231793,64274.852.64$23,020
Jun 20231882,23468.962.26$18,010
May 20231673,73870.622.23$20,120
Apr 20231683,77978.122.24$21,581
Mar 20231933,97572.852.39$23,573
Feb 20232233,48375.112.47$25,337
Jan 20231644,35576.533.39$27,304
Dec 20221543,39776.415.73$31,229
Nov 20221583,90185.005.65$35,456
Oct 20221693,39687.185.86$34,647
Sep 20221584,23984.888.16$48,017
Aug 20221873,99294.529.13$54,111
Jul 20221773,342101.587.54$43,185
Jun 20221582,920115.097.98$41,478
May 20222103,181109.378.43$49,793
Apr 20222002,390104.226.84$37,186
Mar 20222282,807108.885.08$39,074
Feb 20221692,94091.054.86$29,672
Jan 20221412,15281.844.54$21,305
Dec 20211632,52971.323.90$21,486
Nov 20211412,49577.435.24$23,984
Oct 20211763,60179.795.71$34,619
Sep 20211332,53069.865.35$22,829
Aug 20211233,75066.024.22$23,948
Jul 20211371,20870.783.98$14,507
Jun 20211333,53969.493.38$21,206
May 20211371,44363.483.02$13,051
Apr 20211542,96560.362.76$17,474
Mar 20211232,38661.302.72$14,023
Feb 20211081,38657.805.55$13,932
Jan 20211363,04550.412.81$15,413
Dec 20201243,20044.642.68$14,097
Nov 20201393,32738.772.71$14,394
Oct 20201253,49136.972.48$13,273
Sep 20201742,58737.091.99$11,604
Aug 20201703,13139.982.39$14,264
Jul 20201802,83938.371.83$12,088
Jun 20201592,12334.901.69$9,138
May 20201472,36616.921.81$6,781
Apr 20201652,52814.751.80$6,995
Mar 20201842,67030.341.86$10,539
Feb 20201772,48249.881.98$13,745
Jan 20201723,17457.252.09$16,496
Dec 20191552,95459.012.30$15,954
Nov 20191673,04255.302.75$17,603
Oct 20192033,11953.472.42$18,398
Sep 20191532,97355.052.66$16,323
Aug 20191603,00953.112.30$15,431
Jul 20191782,98956.272.46$17,369
Jun 20191493,13852.782.49$15,682
May 20191502,10058.482.74$14,527
Apr 20191072,92262.632.75$14,739
Mar 20191443,15556.803.06$17,840
Feb 20191293,17350.852.79$15,419
Jan 20191263,67046.033.23$17,647
Dec 20181203,28046.594.19$19,319
Nov 20181543,66052.934.24$23,660
Oct 20181493,27861.443.40$20,293
Sep 20181423,38259.543.11$18,966
Aug 20181744,54659.403.07$24,276
Jul 20181444,41565.142.93$22,324
Jun 20181684,35460.183.08$23,507
May 20181554,55865.382.90$23,356
Apr 20181434,65263.842.90$22,624
Mar 20181655,20761.222.79$24,612
Feb 20181824,91661.782.77$24,842
Jan 20181715,55262.874.01$33,011
Dec 20171644,84057.272.92$23,532
Nov 20171634,94455.423.12$24,451
Oct 20171605,13149.292.98$23,196
Sep 20171754,13147.523.09$21,070
Aug 20171634,56545.373.00$21,110
Jul 20171284,33643.873.09$19,002
Jun 20171254,01642.493.09$17,710
May 20171534,54345.373.26$21,767
Apr 20171444,47847.933.21$21,283
Mar 20171664,40946.772.98$20,919
Feb 20171244,48450.452.95$19,495
Jan 20171575,63149.413.42$27,009
Dec 20161695,26848.763.72$27,852
Nov 20161465,08942.492.64$19,661
Oct 20161415,62746.193.09$23,902
Sep 20161275,80041.553.10$23,261
Aug 20161506,32641.442.92$24,715
Jul 20161745,97641.622.92$24,718
Jun 20161855,37345.352.69$22,821
May 20162085,95042.521.99$20,691
Apr 20161824,72636.561.99$16,064
Mar 20161815,15133.011.79$15,216
Feb 20161514,86026.472.06$14,026
Jan 20161945,12227.352.36$17,416
Dec 20151565,34032.362.00$15,736
Nov 20151305,43738.792.17$16,826
Oct 20151184,76943.552.43$16,711
Sep 20151515,12342.992.76$20,623
Aug 20151634,82940.162.87$20,417
Jul 20151473,90848.152.95$18,587
Jun 20151605,26056.152.88$24,148
May 20151745,28055.212.96$25,211
Apr 20152164,97449.822.71$24,224
Mar 20152345,15942.892.93$25,176
Feb 20151073,45044.662.98$15,046
Jan 20151444,04543.433.10$18,796
Dec 20142144,25354.693.59$26,978
Nov 20142864,60970.464.25$39,748
Oct 20142544,96478.303.90$39,253
Sep 20141465,13786.164.05$33,361
Aug 20143195,56389.394.04$50,963
Jul 20142375,76696.564.18$46,984
Jun 20142045,36398.164.74$45,429
May 20142425,45194.734.73$48,689
Apr 20142063,79995.944.81$38,033
Mar 20142775,07695.895.06$52,230
Feb 20142134,58897.406.19$49,155
Jan 20142685,93090.404.86$53,051
Dec 20132556,37691.824.35$51,178
Nov 20132917,30288.853.74$53,152
Oct 20133523,78897.423.78$48,608
Sep 20133292,662104.113.72$44,149
Aug 20134653,403104.253.52$60,464
Jul 20132963,634102.523.72$43,856
Jun 20132864,69194.403.93$45,450
May 20132014,90694.834.15$39,416
Apr 20131925,11393.964.28$39,937
Mar 20132115,29393.623.91$40,465
Feb 20131592,29991.233.42$22,368
Jan 20131481,18691.603.42$17,613
Dec 20121502,62886.773.42$22,004
Nov 20121362,65886.953.62$21,460
Oct 20121262,47289.383.40$19,666
Sep 20121222,56294.672.92$19,027
Aug 2012621,52592.662.91$10,180
Jul 2012421,37085.133.02$7,714
Jun 2012281,35279.822.52$5,641
May 2012371,85591.612.49$8,005
Apr 2012291,797101.652.00$6,536
Mar 2012181,588105.052.22$5,420
Feb 2012311,590101.102.57$7,221
Jan 2012351,74998.092.73$8,215
Dec 20113860196.873.24$5,628
Nov 20115150295.723.31$6,544
Oct 20113158084.983.65$4,751
Sep 20113767083.623.99$5,764
Aug 20118472183.404.15$9,997
Jul 20116681494.144.52$9,890
Jun 20114076592.904.64$7,266
May 20114391698.134.40$8,254
Apr 201171923105.964.33$11,523
Mar 2011491,03296.364.06$8,909
Feb 20115786485.644.18$8,493
Jan 20116298286.504.59$9,869
Dec 2010641,00285.734.35$9,843
Nov 2010481,27080.843.80$8,700
Oct 2010711,82778.103.51$11,956
Sep 20101051,94872.633.98$15,378
Aug 2010992,39673.684.42$17,883
Jul 2010922,34672.554.74$17,786
Jun 2010622,77270.364.91$17,974
May 2010402,82871.124.24$14,822
Apr 2010412,75581.694.12$14,707
Mar 2010172,39678.394.39$11,848
Feb 2010451,93573.585.44$13,842
Jan 2010641,94374.365.96$16,347
Dec 2009802,06771.445.48$17,050
Nov 20091501,74774.593.75$17,742
Oct 20091782,55872.544.11$23,426
Sep 20091972,22265.543.06$19,721
Aug 20091692,59167.423.22$19,733
Jul 20092482,78061.133.46$24,792
Jun 20091363,19366.163.90$21,435
May 20091373,02654.743.93$19,379
Apr 20092243,13946.773.59$21,738
Mar 20091412,58342.144.06$16,426
Feb 20091072,45832.814.63$14,899
Jan 2009873,20435.865.37$20,329
Dec 20081313,10437.105.98$23,413
Nov 20081663,26955.496.86$31,638
Oct 20081803,49775.246.92$37,749
Sep 20082052,467101.767.88$40,294
Aug 20081642,488114.228.48$39,838
Jul 20081432,726131.0811.39$49,792
Jun 20081192,357131.3313.03$46,346
May 20082493,503123.1711.57$71,214
Apr 20082322,975110.3110.45$56,695
Mar 20081702,344101.909.66$39,976
Feb 20081542,56192.538.77$36,711
Jan 20081813,00890.388.21$41,042
Dec 20071673,43788.337.30$39,848
Nov 20072973,57491.677.29$53,287
Oct 20073133,47482.856.92$49,979
Sep 20072392,45775.846.24$33,468
Aug 20073153,36969.066.39$43,275
Jul 20072973,70970.906.39$44,750
Jun 20072983,40962.007.55$44,209
May 20073303,79058.747.85$49,122
Apr 20073762,76859.617.81$44,018
Mar 20072083,57056.927.30$37,907
Feb 20072183,21355.108.22$38,410
Jan 20073193,61650.306.73$40,370
Dec 20062413,95256.656.92$40,994
Nov 20061203,25854.207.62$31,322
Oct 20061422,65054.906.01$23,732
Sep 20061293,03660.085.04$23,043
Aug 20061122,64868.717.34$27,132
Jul 20061223,11169.376.34$28,195
Jun 20062092,40266.286.38$29,187
May 20062563,61866.016.42$40,144
Apr 20061223,49064.397.36$33,544
Mar 2006953,29856.707.08$28,746
Feb 2006923,15757.597.75$29,769
Jan 20061833,55460.598.93$42,837
Dec 20052393,05354.9413.42$54,088
Nov 20052363,60754.6910.59$51,099
Oct 20052624,11658.3413.80$72,068
Sep 20053953,72861.4512.08$69,303
Aug 20053273,13761.519.80$50,846
Jul 20052952,72955.697.84$37,834
Jun 20052452,14852.337.38$28,675
May 20053772,66345.226.65$34,760
Apr 20053562,69449.207.36$37,344
Mar 20053623,03850.377.15$39,970
Feb 20054213,37645.226.31$40,347
Jan 20054724,19843.166.32$46,912
Dec 20043463,65739.866.75$38,480
Nov 20042524,20845.286.33$38,049
Oct 20044455,32749.706.52$56,822
Sep 20046485,53143.245.28$57,245
Aug 20046536,55642.375.55$64,058
Jul 20048727,35438.286.08$78,123
Jun 20048075,78936.106.43$66,373
May 20046993,71037.486.49$50,293
Apr 20046393,78734.475.86$44,212

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.

May 2026 — as filed, then multipliedworked
Oil                   87 bbl  × $106.41 =     $9,258
Casinghead gas     2,735 Mcf  × $  3.05 =     $8,330

────────────────────────────────────────────────────
Month total                                  $17,588

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/37331 is the state's own key, not one this site invented.