WADDELL TR 3

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

Oil lease lease 59978District 08Field 94482001Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$102 k
Nov 2021 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
54
1 month not filed
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 596 wells, and the rule below applies to all of them.

Discovered
1927-08-19
as the register files it
Field class
Oil and gas
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 1957-06-01.

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: OIL RULES ADDED TO GAS 1/23/95

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
OilDisposition1,121 bbl$96,105
Casinghead gasProduction1,479 Mcf$6,189
Total$102,295

Wells on this lease (1)

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 31.5966, -102.5097. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.59655, -102.50966 · 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 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
3,750 ft
1 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.
1100.0%

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

The one well that filed a depth was drilled to 3,750 ft.

Completions filed
Aug 2000
1 of 1 wells

1 well

42-103016487993,750 ftAug 2000

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 (54)

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

54 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 20246079.932.15$480
Jun 2024294578.082.63$2,383
May 2024275278.812.20$2,242
Apr 2024294984.451.66$2,530
Mar 2024204580.301.55$1,676
Feb 2024303676.091.78$2,347
Jan 2024354673.023.30$2,707
Dec 2023276171.262.61$2,083
Nov 2023315577.892.81$2,569
Oct 2023515385.443.09$4,521
Sep 2023464489.042.74$4,216
Aug 2023434080.522.67$3,569
Jul 2023333874.852.64$2,570
Jun 2023312068.962.26$2,183
May 2023343070.622.23$2,468
Apr 2023347278.122.24$2,817
Mar 2023367472.852.39$2,800
Feb 2023384875.112.47$2,973
Jan 2023395776.533.39$3,178
Dec 2022324476.415.73$2,697
Nov 2022365185.005.65$3,348
Oct 2022424487.185.86$3,920
Sep 2022315084.888.16$3,039
Aug 2022575294.529.13$5,862
Jul 20224359101.587.54$4,813
Jun 20224748115.097.98$5,792
May 20225348109.378.43$6,201
Apr 20223931104.226.84$4,277
Mar 20224243108.885.08$4,791
Feb 2022367091.054.86$3,618
Dec 2021203671.323.90$1,567
Nov 2021243877.435.24$2,057

Not filed, and not zero: Jan 2022. The Railroad Commission holds no report for those months, so this page shows none — a zero would state that the lease produced nothing.

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 2024 — as filed, then multipliedworked
Oil                    6 bbl  × $ 79.93 =       $480
Casinghead gas         0 Mcf  × $  2.15 =         $0

────────────────────────────────────────────────────
Month total                                     $480

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/59978 is the state's own key, not one this site invented.