WADDELL, W. N., ETAL

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

Oil lease lease 45187District 08Field 80481875Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$744 k
Mar 2012 – Feb 2021
Value, last 12 filed months
$0
at the published price for each month
Months reported
108
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 11 leases and 12 wells, and the rule below applies to all of them.

Discovered
1960-07-08
as the register files it
Field class
Oil and gas
the register's own label
Between wells
2,640 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 80 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: PER OPERATOR REQUESTSOUTHLAND ROYALTY CO.-MIDLAND

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
OilDisposition4,525 bbl$297,955
Casinghead gasProduction137,580 Mcf$446,174
Total$744,130

Wells on this lease (2)

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 31.4527, -102.6815. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

31.45273, -102.68149 · 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
100.0%
2 of 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
6,732 ft
2 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
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

Between 6,024 and 7,440 ft, median 6,732 ft, over the 2 wells that filed a depth.

Completions filed
Apr 2022 – Jul 2024
2 of 2 wells

2 wells

42-1033525319296,024 ftJul 2024Yes
42-103018253577,440 ftApr 2022Yes

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 (108)

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

108 months

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 2019333,50555.302.75$11,466
Oct 2019443,28253.472.42$10,290
Sep 2019273,12655.052.66$9,793
Aug 2019283,14753.112.30$8,739
Jul 2019182,98556.272.46$8,356
Jun 2019281,94152.782.49$6,313
May 2019591,33858.482.74$7,117
Apr 2019462,40862.632.75$9,505
Mar 2019473,29956.803.06$12,771
Feb 2019263,85150.852.79$12,075
Jan 2019493,12646.033.23$12,347
Dec 2018612,65746.594.19$13,963
Nov 201812084752.934.24$9,941
Oct 20188276061.443.40$7,621
Sep 20185558359.543.11$5,087
Aug 20184945159.403.07$4,294
Jul 20183743565.142.93$3,686
Jun 20184648760.183.08$4,267
May 20184455265.382.90$4,478
Apr 20186263863.842.90$5,809
Mar 20184764561.222.79$4,675
Feb 20185149261.782.77$4,512
Jan 20185450362.874.01$5,412
Dec 20174762257.272.92$4,509
Nov 20175366555.423.12$5,011
Oct 20175668749.292.98$4,810
Sep 20175134747.523.09$3,495
Aug 20174929745.373.00$3,115
Jul 20175376843.873.09$4,696
Jun 20175192842.493.09$5,032
May 20173896845.373.26$4,883
Apr 201732047.933.21$1,534
Mar 20174588646.772.98$4,748
Feb 20173464450.452.95$3,617
Jan 20172174849.413.42$3,595
Dec 20164488148.763.72$5,425
Nov 20163580242.492.64$3,608
Oct 20165683146.193.09$5,155
Sep 20167434141.553.10$4,132
Aug 2016541,28341.442.92$5,990
Jul 20163566241.622.92$3,393
Jun 20163570545.352.69$3,481
May 20163852442.521.99$2,659
Apr 20162810536.561.99$1,233
Mar 2016307933.011.79$1,132
Feb 2016398426.472.06$1,206
Jan 20161131,52227.352.36$6,689
Dec 2015404,18232.362.00$9,664
Nov 2015453,84438.792.17$10,077
Oct 2015542,06843.552.43$7,370
Sep 2015582,19542.992.76$8,548
Aug 2015552,43240.162.87$9,195
Jul 2015622,87548.152.95$11,452
Jun 2015622,83656.152.88$11,657
May 2015602,68155.212.96$11,236
Apr 2015602,61249.822.71$10,059
Mar 2015623,63642.892.93$13,330
Feb 2015562,96844.662.98$11,334
Jan 2015283,19443.433.10$11,119
Dec 2014303,66454.693.59$14,799
Nov 2014313,53270.464.25$17,202
Oct 2014343,63178.303.90$16,827
Sep 2014303,60886.164.05$17,181
Aug 2014393,25989.394.04$16,637
Jul 2014402,74496.564.18$15,331
Jun 2014381,20598.164.74$9,438
May 2014301,33394.734.73$9,142
Apr 20142878395.944.81$6,452
Mar 201468095.895.06$6,521
Feb 20145890197.406.19$11,228
Jan 2014381,46990.404.86$10,576
Dec 20131313,01091.824.35$25,135
Nov 20131502,48188.853.74$22,602
Oct 20131473,20197.423.78$26,418
Sep 20131471,867104.113.72$22,245
Aug 20131281,682104.253.52$19,269
Jul 2013781,076102.523.72$11,997
Jun 2013952,08094.403.93$17,149
May 20131561,94994.834.15$22,880
Apr 20131321,89393.964.28$20,510
Mar 20133125293.623.91$3,888
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0

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.

Nov 2019 — as filed, then multipliedworked
Oil                   33 bbl  × $ 55.30 =     $1,825
Casinghead gas     3,505 Mcf  × $  2.75 =     $9,641

────────────────────────────────────────────────────
Month total                                  $11,466

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/45187 is the state's own key, not one this site invented.