LEASES · O-10-10687 · OIL · DISTRICT 08

Waddell Bros. & Co.

Reporting

Formentera Operations LLC · Winkler County · Circle 2 (Fusselman) field

Waddell Bros. & CO. is an RRC oil lease (O-10-10687) in Winkler County operated by Formentera Operations LLC, with 3 wells completed on it.

It has reported 378K barrels of oil and 437K mcf of gas since January 1993, last reporting volume in May 2025 (statewide data runs through April 2026).

The last 12 reported months total 1.34K barrels of oil, down 76% on the year before; the lease peaked at 4.42K barrels in September 1998.

5 operators have filed production on it, most recently Formentera Operations LLC since November 2023.

378K
bbl oil, all reported
437K
mcf gas incl. casinghead
1.34K
bbl oil, last 12 reported
-76%
vs the 12 before
3
wells completed on it
4.42K
peak month, bbl (Sep 1998)

PDQ LEASE REPORTS · FIRST JAN 1993 · LAST VOLUME MAY 2025 · STATEWIDE DATA THROUGH APR 2026

Oil by month

Barrels reported on Form PR for the whole lease. The latest months are revised upward as late reports arrive.

Last 12 months 1,343 · prior 12 5,669(-76%)

05001K1.5K2016201720182019202020212022202320242025

Gas by month

Gas-well gas plus casinghead gas, mcf. On an oil lease all gas is reported as casinghead. The latest months are revised upward as late reports arrive.

Last 12 months 78 · prior 12 1,648(-95%)

05001K1.5K2016201720182019202020212022202320242025

Decline curve
None shown. Petrora fits an Arps curve only when the last ten years of oil reports follow one decline closely enough to project (R² of 0.7 or better over at least a year since the peak). This lease's recent history does not, so a projection would be a guess dressed as a number.

Who reported it

Each run of months one operator filed the production report, oldest first.

  1. Exxon Corp.Jan 1993 → Mar 2000 · 87 mo
  2. Exxon Mobil CorporationApr 2000 → Oct 2004 · 55 mo
  3. Apache CorporationNov 2004 → Jun 2021 · 200 mo
  4. Slant Operating, LLCJul 2021 → Oct 2023 · 28 mo
  5. Formentera Operations LLCNov 2023 → May 2025 · 19 mo

Wells on the lease

FROM COMPLETION REPORTS · PRODUCTION ABOVE IS THEIR TOTAL

3

wells completed on the lease

Not on Schedule
2
Plugged
1

Operates them now

Newest permits

All 3 wells, searchable →

About this data

Monthly oil, gas, and casinghead from the RRC PDQ production dump, which lags the reporting month by two to three months; figures shown through Apr 2026. Wells from completion reports; operator runs from who filed each month's report.

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