KRAKEN 10-3 E1
KRAKEN 10-3 E1 is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Endeavor Energy Resources L.P. It has 1 wellbore on file with the Commission. Reported production runs from March 2020 to August 2026, totalling 402,236 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $2.1M, with roughly $561K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 407 barrels a month. Its strongest month on the record we hold was January 2021, at 43,836 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about KRAKEN 10-3 E1
- Who operates KRAKEN 10-3 E1?
- KRAKEN 10-3 E1 is operated by Endeavor Energy Resources L.P., Railroad Commission of Texas operator number 251726.
- Where is KRAKEN 10-3 E1?
- KRAKEN 10-3 E1 is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 54639.
- Is KRAKEN 10-3 E1 still producing?
- KRAKEN 10-3 E1 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for KRAKEN 10-3 E1 is August 2026.
- How much has KRAKEN 10-3 E1 produced?
- KRAKEN 10-3 E1 has reported 402,236 barrels of oil (bbl) to the Railroad Commission of Texas between March 2020 and August 2026, from 1 wellbore.
- How much is KRAKEN 10-3 E1 worth?
- The remaining production from KRAKEN 10-3 E1 is estimated to be worth about $2.1M in total as of 27 August 2026, within a range of $1.6M to $2.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in KRAKEN 10-3 E1 is a fraction of it. The estimate fits an Arps decline curve to the production KRAKEN 10-3 E1 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for KRAKEN 10-3 E1 is an estimate of value, not an offer and not an appraisal.
- How much income does KRAKEN 10-3 E1 generate in a year?
- KRAKEN 10-3 E1 is forecast to net about $561K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in KRAKEN 10-3 E1 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Endeavor Energy Resources L.P. |
|---|---|
| Field | Spraberry (Trend Area) R 40 Exc |
| County | Howard County, Texas |
| RRC district | 08 |
| Lease number | 54639 |
| Wellbores | 1 |
| Reported production | 402,236 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.1M |
Where KRAKEN 10-3 E1 sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.