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Texas oil lease

Producing

KENDRA PSA 2

Kendra Psa 2 is an oil lease in Midland County, Texas, operated by Apache Corporation in the Spraberry (Trend Area) field.

1 well

26,327bbl oil, last 12 months+192% vs prior year
RRC lease
08-48456

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
33,192 mcf
Oil in Jul 2026
2,681 bbl

Production by month

Oil output rose 192% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 192% over the last 12 monthsMonthly oil production and gas for KENDRA PSA 2, Aug 2023 to Jul 2026. Oil output rose 192% over the last 12 months. 26,327 bbl in the 12 months through Jul 2026, against 9,014 bbl in the 12 months before.Last 12 months: 26,327 bblbbl per monthmcf per month001,0001,0002,0002,0003,0003,0004,0004,0005,0005,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 192% over the last 12 monthsMonthly oil production and gas for KENDRA PSA 2, Aug 2023 to Jul 2026. Oil output rose 192% over the last 12 months. 26,327 bbl in the 12 months through Jul 2026, against 9,014 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001,0001,0002,0002,0003,0003,0004,0004,0005,0005,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Aug 2024 the lease's gas goes to a transmission line instead of a processing plant

  • Processing plant (3)
  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
Since Aug 2024 the lease's gas goes to a transmission line instead of a processing plantShare of KENDRA PSA 2 gas by disposition code each month, Aug 2023 to Jul 2026. Since Aug 2024 the lease's gas goes to a transmission line instead of a processing plant.Share of the lease’s gas by disposition code, per month0%50%100%Aug 2024: plant to lineOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Aug 2024 the lease's gas goes to a transmission line instead of a processing plantShare of KENDRA PSA 2 gas by disposition code each month, Aug 2023 to Jul 2026. Since Aug 2024 the lease's gas goes to a transmission line instead of a processing plant.Share of gas by disposition code0%50%100%Aug 24: plant to lineJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    99% · 32,949 mcf

  • Flared (4)

    0.7% · 243 mcf

0.7% of the gas flared in the last 12 months. No month above 3%.

Who has run this lease

The operator changed once, most recently in Aug 2024

Operators of this lease over timeCallon Petroleum Operating Co, Jan 2020 to Jul 2024; Apache Corporation, Aug 2024 to Jul 20262020202120222023202420252026Changed Aug 2024Callon Petroleum Operating CoJan 2020 to Jul 2024Apache CorporationAug 2024 to now
Operators of this lease over timeCallon Petroleum Operating Co, Jan 2020 to Jul 2024; Apache Corporation, Aug 2024 to Jul 20262020202120222023202420252026Changed Aug 2024Callon Petroleum Operating CoJan 2020 to Jul 2024Apache CorporationAug 2024 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on KENDRA PSA 2
API numberWell no.Status
42-329-40996218LLActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Enterprise Crude Oil LLCOilGathers25Jul 21, 2025–
Oryx Midland Oil Gathering LLCOilGathers25Jul 21, 2025–
Plains Marketing, L.p.OilGathers25Jul 21, 2025–
Rio Energy International, Inc.OilGathers25Jul 21, 2025–
Dcp Operating Company, LPCasinghead gasBuys100Jul 21, 2025–
Dcp Operating Company, LPCasinghead gasGathers100Jul 21, 2025–
Dcp Operating Company, LPCasinghead gasGathers50Jan 22, 2018Jul 21, 2025
Enlink North Texas Gathering, LPCasinghead gasGathers50Nov 17, 2016Jul 21, 2025
Dcp Operating Company, LPCasinghead gasBuys50Jan 22, 2018Jul 21, 2025
Enlink Gas Marketing, LPCasinghead gasBuys50Nov 17, 2016Jul 21, 2025
Enterprise Crude Oil LLCOilGathers10Nov 17, 2016Jul 21, 2025
Ngl Crude Logistics, LLCOilGathers5Apr 1, 2020Jul 21, 2025

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

2,498.79 acres on the newest permit

Permits for Kendra Psa 2
API numberWell no.Acreson the permit
42-329-40996218LL2,498.79

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

What APA Corporation told investors it received

Apache Corporation is linked to APA Corporation (APA).
Realized prices reported by APA Corporation
QuarterOil$ per bblFiling
Q2 2026$98.24SEC filing
Q1 2026$78.69SEC filing
Q4 2025$61.03SEC filing
Q3 2025$67.43SEC filing
Q2 2025$65.58SEC filing
Q1 2025$73.73SEC filing

SourceAPA Corporation quarterly reports, SEC EDGAR, company-wide averages before hedging.

Estimate your royalty

36 months, newest first

Ledger for KENDRA PSA 2
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Apache Corporation2,6812,6843,7913,70784$80.46$2.89
Jun 2026Apache Corporation2,6912,7054,1104,07139$84.81$3.15
May 2026Apache Corporation2,8862,8764,9124,88428$102.13$2.94
Apr 2026Apache Corporation2,7152,7353,7723,74230$100.32$2.77
Mar 2026Apache Corporation2,5772,5623,9413,9410$91.38$3.04
Feb 2026Apache Corporation2,5302,5343,1413,1401$64.51$3.62
Jan 2026Apache Corporation2,8502,8422,5222,5175$60.04$7.72
Dec 2025Apache Corporation2,6552,6302,3952,38015$57.97$4.26
Nov 2025Apache Corporation1,9701,9621,7481,71038$60.06$3.79
Oct 2025Apache Corporation1,6911,6801,3021,3011$60.89$3.19
Sep 2025Apache Corporation3733768128111$63.96$2.97
Aug 2025Apache Corporation7087027467451$64.86$2.91
Jul 2025Apache Corporation4814796096090$68.39$3.20
Jun 2025Apache Corporation45045270569312$68.17$3.02
May 2025Apache Corporation55155692389627$62.17$3.12
Apr 2025Apache Corporation7937961,2911,2910$63.54$3.42
Mar 2025Apache Corporation6436398098090$68.24$4.12
Feb 2025Apache Corporation6146253673420$71.53$4.19
Jan 2025Apache Corporation9038934654107$75.74$4.13
Dec 2024Apache Corporation9429452932580$70.12$3.01
Nov 2024Apache Corporation1,0311,0373393020$69.95$2.12
Oct 2024Apache Corporation1,0981,0883112630$71.99$2.20
Sep 2024Apache Corporation8078082722693$70.24$2.28
Aug 2024Apache Corporation7016951901900$76.68$1.99
Jul 2024Callon Petroleum3773731641622$81.80$2.07
Jun 2024Callon Petroleum475773730$79.77$2.54
May 2024Callon Petroleum6296259599590$80.02$2.12
Apr 2024Callon Petroleum6336291,2681,2680$85.35$1.60
Mar 2024Callon Petroleum2402375005000$81.28$1.49
Feb 2024Callon Petroleum22000$77.25$1.72
Jan 2024Callon Petroleum1111000$74.15$3.18
Dec 2023Callon Petroleum02032320$71.90$2.52
Nov 2023Callon Petroleum00110$77.69$2.71
Oct 2023Callon Petroleum5906061,8431,8430$85.64$2.98
Sep 2023Callon Petroleum5115151,4641,4640$89.43$2.64
Aug 2023Callon Petroleum5665562,1032,1030$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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Nearby

Spraberry (Trend Area) field

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