WADDELL TR 3

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

Oil lease lease 48213District 08Field 78936900Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$697 k
Jan 2017 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
113
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 35 leases and 118 wells, and the rule below applies to all of them.

Discovered
1960-02-25
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2011-03-01.

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 SOUTHLAND ROYALTY CO.-MIDLAND REQUEST

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
OilDisposition12,083 bbl$644,130
Casinghead gasProduction17,991 Mcf$52,759
Total$696,889

Wells on this lease (3)

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 31.5860, -102.4833. A lease has no coordinate of its own — that point is the mean of its wells, and they span 2.9 miles.

31.59222, -102.48871 · 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
33.3%
1 of 3 wells
With a plug date
33.3%
1 of 3 wells
Median depth
9,370 ft
3 wells filed one
Completion to plug
19 months
median over 1 well

What the state filed about each well

On the RRC proration schedule
133.3%
A plug date is filed
133.3%
BothOn the schedule and plugged. Neither fact cancels the other.
133.3%
NeitherNo plug date, and not on the schedule.
266.7%

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 9,319 and 10,110 ft, median 9,370 ft, over the 3 wells that filed a depth.

Completions filed
Mar 2017 – Aug 2023
3 of 3 wells
Plug dates filed
Mar 2025
1 of 3 wells; 2 filed none

Last completion to plug: a median of 19 months across the 1 well that filed both dates, with the middle half between 19 months and 19 months. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells

42-10335659126410,110 ftAug 2023Mar 2025Yes
42-103016297779,319 ftJul 2023
42-103101018029,370 ftMar 2017

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 (113)

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

113 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 202210101.587.54$102
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202240108.885.08$436
Feb 20224218691.054.86$4,728
Jan 2022787981.844.54$6,742
Dec 20218416371.323.90$6,626
Nov 20216719977.435.24$6,230
Oct 20218512879.795.71$7,514
Sep 20217118169.865.35$5,929
Aug 20217431466.024.22$6,211
Jul 20219010270.783.98$6,776
Jun 20215835069.493.38$5,214
May 20218315963.483.02$5,749
Apr 20219130460.362.76$6,331
Mar 20216723161.302.72$4,735
Feb 202110016857.805.55$6,712
Jan 20217534450.412.81$4,747
Dec 20201667844.642.68$7,619
Nov 20209535538.772.71$4,644
Oct 202012636636.972.48$5,565
Sep 202031428637.091.99$12,216
Aug 202032838639.982.39$14,034
Jul 202010749238.371.83$5,004
Jun 2020713934.901.69$2,544
May 20203197016.921.81$5,525
Apr 202036086814.751.80$6,876
Mar 202014527730.341.86$4,913
Feb 20201088249.881.98$5,549
Jan 202012711257.252.09$7,505
Dec 201914719259.012.30$9,117
Nov 201916733855.302.75$10,165
Oct 20197529253.472.42$4,716
Sep 20193363355.052.66$3,499
Aug 20195033053.112.30$3,416
Jul 20197736456.272.46$5,228
Jun 201912138652.782.49$7,348
May 201944664058.482.74$27,836
Apr 201948692962.632.75$32,994
Mar 201942289756.803.06$26,716
Feb 201917319650.852.79$9,344
Jan 201923014746.033.23$11,061
Dec 201831316746.594.19$15,282
Nov 201827619152.934.24$15,418
Oct 201825520961.443.40$16,377
Sep 201826228459.543.11$16,482
Aug 201827446859.403.07$17,711
Jul 201826948165.142.93$18,933
Jun 201833344960.183.08$21,421
May 201836548165.382.90$25,259
Apr 201828738763.842.90$19,445
Mar 201829343161.222.79$19,139
Feb 201841051761.782.77$26,760
Jan 201844542262.874.01$29,669
Dec 201757645957.272.92$34,329
Nov 201770641555.423.12$40,421
Oct 201733415849.292.98$16,934
Sep 201741327847.523.09$20,484
Aug 201726022845.373.00$12,481
Jul 2017545943.873.09$2,551
Jun 2017696842.493.09$3,142
May 2017656645.373.26$3,164
Apr 2017335947.933.21$1,771
Mar 2017172946.772.98$882
Feb 201791850.452.95$507
Jan 20172449.413.42$113

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.

Jul 2022 — as filed, then multipliedworked
Oil                    1 bbl  × $101.58 =       $102
Casinghead gas         0 Mcf  × $  7.54 =         $0

────────────────────────────────────────────────────
Month total                                     $102

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/48213 is the state's own key, not one this site invented.