KRAKEN 10-3 UNIT 2
KRAKEN 10-3 UNIT 2 is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Endeavor Energy Resources L.P. It has 10 wellbores on file with the Commission. Reported production runs from March 2020 to August 2026, totalling 3,117,597 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 $50.4M, with roughly $12.0M 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 14,423 barrels a month, about 1,442 per wellbore. Its strongest month on the record we hold was September 2021, at 272,574 barrels. In our own backtest, leases producing at this rate are forecast to within about 18% 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 UNIT 2
- Who operates KRAKEN 10-3 UNIT 2?
- KRAKEN 10-3 UNIT 2 is operated by Endeavor Energy Resources L.P., Railroad Commission of Texas operator number 251726.
- Where is KRAKEN 10-3 UNIT 2?
- KRAKEN 10-3 UNIT 2 is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 54640.
- Is KRAKEN 10-3 UNIT 2 still producing?
- KRAKEN 10-3 UNIT 2 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for KRAKEN 10-3 UNIT 2 is August 2026.
- How much has KRAKEN 10-3 UNIT 2 produced?
- KRAKEN 10-3 UNIT 2 has reported 3,117,597 barrels of oil (bbl) to the Railroad Commission of Texas between March 2020 and August 2026, from 10 wellbores.
- How much is KRAKEN 10-3 UNIT 2 worth?
- The remaining production from KRAKEN 10-3 UNIT 2 is estimated to be worth about $50.4M in total as of 27 August 2026, within a range of $41.3M to $59.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in KRAKEN 10-3 UNIT 2 is a fraction of it. The estimate fits an Arps decline curve to the production KRAKEN 10-3 UNIT 2 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 UNIT 2 is an estimate of value, not an offer and not an appraisal.
- How much income does KRAKEN 10-3 UNIT 2 generate in a year?
- KRAKEN 10-3 UNIT 2 is forecast to net about $12.0M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in KRAKEN 10-3 UNIT 2 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) |
| County | Howard County, Texas |
| RRC district | 08 |
| Lease number | 54640 |
| Wellbores | 10 |
| Reported production | 3,117,597 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $50.4M |
Where KRAKEN 10-3 UNIT 2 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.