WADDELL TR C

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

Oil lease lease 55826District 08Field 80473310Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$1.0 M
Apr 2020 – May 2026
Value, last 12 filed months
$219 k
at the published price for each month
Months reported
74
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 215 leases and 1,609 wells, and the rule below applies to all of them.

Discovered
1944-12-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 10 acres. The field rule took effect on 2024-12-17.

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: ONLY. 6MONTH EXCEPTION TO SWR51A. SPECIAL HZ LANGUAGE

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
OilDisposition13,152 bbl$921,117
Casinghead gasProduction37,422 Mcf$115,970
Total$1,037,088

Wells on this lease (8)

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 31.5274, -102.5973. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

31.52684, -102.59686 · 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
37.5%
3 of 8 wells
With a plug date
37.5%
3 of 8 wells
Median depth
3,650 ft
8 wells filed one
Completion to plug
29.1 years
median over 3 wells

What the state filed about each well

On the RRC proration schedule
337.5%
A plug date is filed
337.5%
BothOn the schedule and plugged. Neither fact cancels the other.
337.5%
NeitherNo plug date, and not on the schedule.
562.5%

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, 8 of 8 wells. Median 3,650 ft, with the middle half between 3,617 and 4,013 ft; the shallowest is 3,550 ft and the deepest 6,130 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, 8 of 8 wells, Dec 1993 – Sep 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
Dec 1993 – Sep 2025
8 of 8 wells
Plug dates filed
Feb 2023 – Nov 2024
3 of 8 wells; 5 filed none

Last completion to plug: a median of 29.1 years across the 3 wells that filed both dates, with the middle half between 28.8 years and 30.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

8 wells

42-1033438414835,011 ftSep 2025
42-1033705732066,130 ftAug 2024
42-1033069810803,650 ftOct 2023
42-10301859400W3,680 ftJun 1996
42-10301887428W3,630 ftJun 1996Oct 2024Yes
42-1033434315003,576 ftSep 1995
42-1033042410233,650 ftJan 1994Feb 2023Yes
42-103021466973,550 ftDec 1993Nov 2024Yes

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 (74)

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

74 months

May 2026317155106.413.05$34,204
Apr 202629313598.932.87$29,374
Mar 202623910889.753.15$21,790
Feb 202623611063.503.75$15,399
Jan 202622013559.138.00$14,088
Dec 202523015056.664.41$13,694
Nov 202514610358.593.93$8,959
Oct 202539422159.383.30$24,126
Sep 2025984562.743.08$6,287
Aug 20251907363.933.01$12,367
Jul 202535811466.743.32$24,271
Jun 202520510966.483.13$13,969
May 202516111460.553.23$10,117
Apr 20251158162.363.54$7,458
Mar 20251479567.704.27$10,357
Feb 20251933,20570.884.34$27,592
Jan 20252444,87874.324.28$39,005
Dec 20244435,06968.993.12$46,385
Nov 20245326,87969.052.20$51,858
Oct 20248555,04171.372.28$72,522
Sep 20247573,93069.612.36$61,987
Aug 20245581,65075.632.06$45,607
Jul 20240079.932.15$0
Jun 20244078.082.63$312
May 20248710778.812.20$7,092
Apr 202415418584.451.66$13,312
Mar 2024887880.301.55$7,187
Feb 2024726076.091.78$5,586
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20233077.892.81$234
Oct 2023464985.443.09$4,082
Sep 202318816589.042.74$17,191
Aug 20239811180.522.67$8,188
Jul 202312411974.852.64$9,596
Jun 202319616768.962.26$13,893
May 20231364470.622.23$9,702
Apr 20231526278.122.24$12,013
Mar 20231337272.852.39$9,861
Feb 20231313475.112.47$9,923
Jan 20231255276.533.39$9,742
Dec 20221135076.415.73$8,921
Nov 202210210685.005.65$9,269
Oct 202215811087.185.86$14,419
Sep 20221128684.888.16$10,209
Aug 20221327694.529.13$13,170
Jul 2022317101.587.54$3,202
Jun 202211639115.097.98$13,662
May 2022294613109.378.43$37,324
Apr 202272104.226.84$743
Mar 202270108.885.08$762
Feb 20221016791.054.86$9,522
Jan 202217810881.844.54$15,058
Dec 20211598071.323.90$11,652
Nov 202119210077.435.24$15,390
Oct 20211915879.795.71$15,571
Sep 2021271769.865.35$1,977
Aug 20211287166.024.22$8,750
Jul 20211555170.783.98$11,174
Jun 202116512269.493.38$11,878
May 202118615563.483.02$12,275
Apr 202116117460.362.76$10,198
Mar 202119013261.302.72$12,006
Feb 202114110257.805.55$8,716
Jan 202116726950.412.81$9,174
Dec 20209013944.642.68$4,389
Nov 20204038.772.71$155
Oct 2020596236.972.48$2,335
Sep 2020173037.091.99$6,417
Aug 202019720839.982.39$8,372
Jul 202020021838.371.83$8,072
Jun 202018114834.901.69$6,567
May 202017915516.921.81$3,310
Apr 202018819214.751.80$3,119

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                  317 bbl  × $106.41 =    $33,732
Casinghead gas       155 Mcf  × $  3.05 =       $472

────────────────────────────────────────────────────
Month total                                  $34,204

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/55826 is the state's own key, not one this site invented.