WADDELL TR B

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

Oil lease lease 58455District 08Field 80473744Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$8.0 M
Nov 2022 – May 2026
Value, last 12 filed months
$1.8 M
at the published price for each month
Months reported
43
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 32 leases and 215 wells, and the rule below applies to all of them.

Discovered
1958-01-19
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 2024-01-30.

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: ALL ACCUMULATED OVER PRODUCTION BE CANCELLED

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
OilDisposition97,038 bbl$7,198,261
Casinghead gasProduction259,856 Mcf$791,669
Total$7,989,930

Wells on this lease (5)

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 31.5125, -102.5982. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

31.51236, -102.59817 · 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 5 wells
With a plug date
20.0%
1 of 5 wells
Median depth
5,808 ft
5 wells filed one
Completion to plug
1 well filed both, dated out of order

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
120.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
480.0%

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 5,653 and 5,900 ft, median 5,808 ft, over the 5 wells that filed a depth.

Completions filed
Oct 2022 – Jan 2026
5 of 5 wells
Plug dates filed
Oct 1987
1 of 5 wells; 4 filed none

Last completion to plug: no median is published. 1 well on this lease filed both dates, and on that one the last completion is dated after the plug date, so there is no interval to take a median of. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

5 wells

42-103112479735,808 ftJan 2026
42-1033555419725,900 ftDec 2024
42-103112629745,834 ftSep 2023Oct 1987
42-1033707433505,653 ftNov 2022
42-103111959715,703 ftOct 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 (43)

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

43 months

May 20261,6573,149106.413.05$185,913
Apr 20261,2662,51398.932.87$132,457
Mar 20261,5524,32489.753.15$152,910
Feb 20261,8333,59363.503.75$129,870
Jan 20262,5085,42859.138.00$191,711
Dec 20251,6323,50956.664.41$107,956
Nov 20251,5783,30058.593.93$105,412
Oct 20251,6455,28259.383.30$115,136
Sep 20251,3322,73562.743.08$91,985
Aug 20251,8526,12163.933.01$136,852
Jul 20253,1446,56566.743.32$231,595
Jun 20252,9495,62666.483.13$213,652
May 20253,2556,43160.553.23$217,877
Apr 20252,5466,80962.363.54$182,894
Mar 20252,2785,33667.704.27$176,996
Feb 20251,7304,28670.884.34$141,227
Jan 20252,2565,00874.324.28$189,094
Dec 20241,6773,75168.993.12$127,404
Nov 20241,5073,61069.052.20$111,995
Oct 20241,7567,86271.372.28$143,262
Sep 20242,3066,32069.612.36$175,463
Aug 20242,0755,46375.632.06$168,206
Jul 20241,9446,78579.932.15$169,949
Jun 20242,4197,12678.082.63$207,645
May 20242,8219,60878.812.20$243,446
Apr 20241,9937,54284.451.66$180,823
Mar 20242,8807,22880.301.55$242,432
Feb 20242,9926,44776.091.78$239,160
Jan 20243,9867,90173.023.30$317,113
Dec 20234,5998,40871.262.61$349,676
Nov 20234,1228,74677.892.81$345,618
Oct 20235,1768,43185.443.09$468,266
Sep 20235,6089,97289.042.74$526,610
Aug 20231,3508,39480.522.67$131,138
Jul 20231,5909,05674.852.64$142,936
Jun 20232,4249,48168.962.26$188,572
May 20231,1445,31770.622.23$92,632
Apr 20231,3461,84078.122.24$109,267
Mar 20238744,53772.852.39$74,529
Feb 20232246,78475.112.47$33,552
Jan 20231,5276,91576.533.39$140,287
Dec 20223,17511,07276.415.73$306,034
Nov 20225101,24585.005.65$50,380

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                1,657 bbl  × $106.41 =   $176,321
Casinghead gas     3,149 Mcf  × $  3.05 =     $9,591

────────────────────────────────────────────────────
Month total                                 $185,913

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/58455 is the state's own key, not one this site invented.