WADDELL TR 1

Oil · District 08 · Lease #59700

Operator: BLACKBEARD OPERATING, LLC

Cum Oil

170k BBL

Cum Gas

245k MCF

casinghead

Wells

6

Production

2023-02 — 2026-04

Peak Month

2024-12

Production History

Cum Oil: 170,063 BBL Cum Gas: 244,645 MCF

RRC production reported through Apr 2026 · recent months incomplete

Decline Curve Analysis

qi

10,892 BBL/mo

Di (annual)

265.9%

b-factor

2.0

EUR

754,085 BBL

R-squared

0.797

type

hyperbolic

Operator History (from monthly production reports)

2023-02 — 2026-07 BLACKBEARD OPERATING, LLC 42 mo

Wells (6)

WELL#APIOPERATORPERMITSDEPTHLAST_ISSUED
1226BLACKBEARD OPERATING, LLC410,3002025-07-30
6300HBLACKBEARD OPERATING, LLC110,2502024-06-24
3871BLACKBEARD OPERATING, LLC310,2502024-05-23
3862BLACKBEARD OPERATING, LLC210,2502023-12-11
747BLACKBEARD OPERATING, LLC19,2602023-12-06
3873BLACKBEARD OPERATING, LLC510,2502023-02-13