WADDELL TR D

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

Oil lease lease 56515District 08Field 80473682Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$5.4 M
Apr 2021 – May 2026
Value, last 12 filed months
$238 k
at the published price for each month
Months reported
62
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 177 leases and 1,443 wells, and the rule below applies to all of them.

Discovered
1930-12-31
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 2024-12-18.

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: PRORATION ACRES PLATS AT THEIR OPTION

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
OilDisposition42,468 bbl$3,329,904
Casinghead gasProduction506,576 Mcf$2,082,297
Total$5,412,200

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 31.5311, -102.7133. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

31.53109, -102.71331 · 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
0.0%
0 of 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
6,504 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
00.0%
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.
2100.0%

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 6,439 and 6,569 ft, median 6,504 ft, over the 2 wells that filed a depth.

Completions filed
Apr 2022 – Nov 2025
2 of 2 wells

2 wells

42-1033676330006,569 ftNov 2025
42-1033678830036,439 ftApr 2022

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 (62)

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

62 months

May 20262012,014106.413.05$27,523
Apr 20264882,00698.932.87$54,035
Mar 20261172,60389.753.15$18,699
Feb 20261352,15763.503.75$16,662
Jan 20264022,28859.138.00$42,070
Dec 20252494,07956.664.41$32,110
Nov 20251273,24758.593.93$20,190
Oct 20250059.383.30$0
Sep 20252062.743.08$125
Aug 2025261,15063.933.01$5,129
Jul 2025961,65066.743.32$11,877
Jun 202512251966.483.13$9,734
May 20251041,69260.553.23$11,766
Apr 2025492,99162.363.54$13,653
Mar 2025833367.704.27$5,760
Feb 2025502,70970.884.34$15,303
Jan 2025873,43274.324.28$21,150
Dec 20241052,99068.993.12$16,577
Nov 20242203,20969.052.20$22,246
Oct 20242703,68471.372.28$27,675
Sep 20241613,62869.612.36$19,785
Aug 20241693,94075.632.06$20,912
Jul 20241487,08779.932.15$27,043
Jun 20241576,83178.082.63$30,251
May 20243466,36178.812.20$41,253
Apr 20242205,67184.451.66$27,988
Mar 20242565,80080.301.55$29,519
Feb 20242485,72476.091.78$29,080
Jan 20244006,36573.023.30$50,198
Dec 20232876,38471.262.61$37,118
Nov 20234397,02077.892.81$53,903
Oct 20236808,46285.443.09$84,224
Sep 20235007,35089.042.74$64,623
Aug 20238758,46880.522.67$93,089
Jul 20231,47211,51474.852.64$140,597
Jun 20231,91912,09568.962.26$159,651
May 202369310,60770.622.23$72,566
Apr 20233297,58978.122.24$42,684
Mar 20235558,36272.852.39$60,443
Feb 20232403,81775.112.47$27,438
Jan 20235389,18476.533.39$72,286
Dec 202250710,14876.415.73$96,879
Nov 20225279,03885.005.65$95,825
Oct 20224214,00487.185.86$60,181
Sep 20225778,28184.888.16$116,579
Aug 20226489,17294.529.13$144,963
Jul 20227268,103101.587.54$134,861
Jun 20223684,003115.097.98$74,286
May 20222343,619109.378.43$56,112
Apr 20221,17811,112104.226.84$198,751
Mar 20222,04318,155108.885.08$314,604
Feb 20222,54912,50291.054.86$292,832
Jan 20221,31011,66881.844.54$160,156
Dec 20211,98078,61471.323.90$447,739
Nov 20212,14534,97777.435.24$349,257
Oct 20212,04115,70079.795.71$252,559
Sep 20211,49115,26569.865.35$185,843
Aug 20211,69214,04966.024.22$171,001
Jul 20212,3647,05870.783.98$195,429
Jun 20212,15410,42969.493.38$184,938
May 20212,49918,31263.483.02$213,896
Apr 20211,4497,65560.362.76$108,577

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                  201 bbl  × $106.41 =    $21,388
Casinghead gas     2,014 Mcf  × $  3.05 =     $6,134

────────────────────────────────────────────────────
Month total                                  $27,523

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/56515 is the state's own key, not one this site invented.