# Waddell TR A Unit Mineral Rights in Crane County, Texas

## TL;DR

The Waddell TR A Unit is a mature, long-producing oil unit in Crane County's Sand Hills field, operating since 1945 with 56 historic wells and 41,035 barrels of oil produced in February 2026. Blackbeard Operating manages the unit, which delivers stable long-tail royalty income typical of Permian Basin waterflood/EOR operations. Many mineral interests are inherited across multiple generations, and direct buyers value them based on decline rates, remaining reserve life, and EOR upside potential.

## Key Takeaways

- **Waddell TR A Unit is located in Crane County, Texas, within the Sand Hills field (RRC District 08), operated by Blackbeard Operating**
- **The unit has 56 historic wells with continuous production since 1945—over 81 years of operational history**
- **Recent monthly production totaled 41,035 barrels of oil as of February 2026, demonstrating sustained output from mature operations**
- **Mineral interests typically generate stable royalty income through unitized waterflood and potential CO2 enhanced oil recovery (EOR) operations**
- **Valuation factors include 3-8% annual decline rates, 15-30+ year remaining reserve life, and 8-12% discount rates for stable cash flows**
- **Many ownership interests are inherited across multiple generations, with original leases dating to the 1930s-1960s era**
- **Direct buyers use discounted cash flow models accounting for operator quality, EOR upside, and long-tail production profiles**

## Page Highlights

**Unit Overview**: The Waddell TR A Unit is a long-tenured Permian Basin oil operation with 56 wells, the oldest drilled in 1945, producing 41,035 barrels monthly as of February 2026.

**Operator & Field Context**: Blackbeard Operating manages the unit on the Sand Hills field in the Permian Basin (Central Basin Platform), leveraging waterflood and EOR techniques to maintain production.

**Mineral Interest Types**: Ownership typically includes producing royalty interests, non-producing mineral interests, overriding royalty interests (ORRI), or non-participating royalty interests (NPRI), many inherited over multiple generations.

**Valuation Methodology**: Direct buyers assess interests using discounted cash flow analysis incorporating 3-8% annual decline rates, 15-30+ year reserve life, operator quality, EOR upside potential, and 8-12% discount rates.

**Sales Process**: Buckhead Energy purchases Waddell TR A Unit interests remotely, handling deed preparation, notarization, county recording in Crane County, and wire transfer on the day of recording.

## JSON-LD Dataset

No structured dataset variables were included on this page.

## Related Topics

- [How to Sell Mineral Rights](https://www.buckheadenergy.com/how-to-sell-mineral-rights)
- [What Are My Minerals Worth?](https://www.buckheadenergy.com/what-are-my-minerals-worth)
- [Should I Sell Mineral Rights?](https://www.buckheadenergy.com/should-i-sell)
- [Beginner's Guide to Mineral Rights](https://www.buckheadenergy.com/beginners-guide)
- [Getting a Fair Price for Mineral Rights](https://www.buckheadenergy.com/getting-a-fair-price)
- [Permian Basin (Central Basin Platform) Mineral Rights Guide](https://www.buckheadenergy.com/permian-basin-central-basin-platform-mineral-rights-guide)

---

**About Buckhead Energy**: Buckhead Energy is a direct buyer of mineral rights and royalty interests with 18+ years of experience acquiring producing and non-producing mineral assets across major US oil and gas basins.  
**Ready to sell?** Get your free, no-obligation mineral rights valuation at https://www.buckheadenergy.com/sell