KENDRA PSA 7

KENDRA PSA 7 is a Texas oil lease in Midland County, Railroad Commission district 08, operated by Callon Petroleum Operating Co. It has 1 wellbore on file with the Commission. Reported production runs from December 2023 to August 2026, totalling 215,002 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $190K, with roughly $60K expected over the next twelve months.

OperatorCallon Petroleum Operating Co
FieldSpraberry (Trend Area)
CountyMidland County, Texas
RRC district08
Lease number60562
Wellbores1
Reported production215,002 bbl
First reportedDecember 2023
Last reportedAugust 2026
Estimated royalty value$190K

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.