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Texas oil lease

Producing

KRAKEN 10-3 UNIT 1

Kraken 10-3 Unit 1 is an oil lease in Howard County, Texas, operated by Diamondback E&P LLC in the Spraberry (Trend Area) field.

9 wells

67,169bbl oil, last 12 months−33% vs prior year
Operator
Diamondback E&P LLC
County
Howard County
Field
Spraberry (Trend Area)
RRC lease
08-54400

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Where it sits

This county

Howard CountyHowardMitchellMartinScurryDawsonBordenHoward County
Howard County
Gas, last 12 months
1,387,555 mcf
Oil in Jul 2026
7,386 bbl

Checks stopped on this lease?

  • Operator

    Operator changed: Diamondback E&P LLC took over from Endeavor Energy Resources L.P. in Jan 2025.

  • Buyer

    Buyer changed: ONEOK MIDLAND MIDSTREAM, LLC replaced ENLINK GAS MARKETING, LP as the buyer of this lease's gas from oil wells on Apr 1, 2026.

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

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Production by month

Oil output fell 33% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 33% over the last 12 monthsMonthly oil production and gas for KRAKEN 10-3 UNIT 1, Aug 2023 to Jul 2026. Oil output fell 33% over the last 12 months. 67,169 bbl in the 12 months through Jul 2026, against 99,729 bbl in the 12 months before.Last 12 months: 67,169 bblbbl per monthmcf per month005,00050k10k100k15k150k20k200k25k250kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 33% over the last 12 monthsMonthly oil production and gas for KRAKEN 10-3 UNIT 1, Aug 2023 to Jul 2026. Oil output fell 33% over the last 12 months. 67,169 bbl in the 12 months through Jul 2026, against 99,729 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005,00050k10k100k15k150k20k200k25k250kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

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

Flaring peaked at 11.7% of the gas in Jun 2024.

  • Processing plant (3)
  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
Since Nov 2024 the lease's gas goes to a transmission line instead of a processing plantShare of KRAKEN 10-3 UNIT 1 gas by disposition code each month, Aug 2023 to Jul 2026. Since Nov 2024 the lease's gas goes to a transmission line instead of a processing plant. Flaring peaked at 11.7% of the gas in Jun 2024.Share of the lease’s gas by disposition code, per month0%50%100%Nov 2024: plant to lineFlared 11.7%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Nov 2024 the lease's gas goes to a transmission line instead of a processing plantShare of KRAKEN 10-3 UNIT 1 gas by disposition code each month, Aug 2023 to Jul 2026. Since Nov 2024 the lease's gas goes to a transmission line instead of a processing plant. Flaring peaked at 11.7% of the gas in Jun 2024.Share of gas by disposition code0%50%100%Nov 24: plant to lineFlared 11.7%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    96% · 1,335,111 mcf

  • Lease fuel (1)

    3.7% · 50,724 mcf

  • Flared (4)

    0.1% · 1,720 mcf

0.1% of the gas flared in the last 12 months. 2 months above 3%.

Who has run this lease

The operator changed once, most recently in Jan 2025

Operators of this lease over timeEndeavor Energy Resources L.P., Nov 2020 to Dec 2024; Diamondback E&P LLC, Jan 2025 to Jul 2026202120222023202420252026Changed Jan 2025Endeavor Energy Resources L.P.Nov 2020 to Dec 2024Diamondback E&P LLCJan 2025 to now
Operators of this lease over timeEndeavor Energy Resources L.P., Nov 2020 to Dec 2024; Diamondback E&P LLC, Jan 2025 to Jul 2026202120222023202420252026Changed Jan 2025Endeavor Energy Resources L.P.Nov 2020 to Dec 2024Diamondback E&P LLCJan 2025 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

9 wells on this lease

Wells on KRAKEN 10-3 UNIT 1
API numberWell no.Status
42-227-40408211Active
42-227-40409221Active
42-227-40410122Active
42-227-40411223Active
42-227-40412231Active
42-227-40413132Active
42-227-40414233Active
42-227-40415241Active
42-227-40416142Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Medallion Operating Company, LLCOilGathers100Nov 1, 2020–
Oneok Midland Midstream, LLCCasinghead gasBuys100Apr 1, 2026–
Enlink Permian, LLCCasinghead gasGathers100Nov 1, 2020–
Enlink Gas Marketing, LPCasinghead gasBuys100Nov 1, 2020Apr 1, 2026

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

Who buys my oilOil price check

641.27 acres on the newest permit

  • Good to know

    9 wells are listed on this lease

    Each well can have its own unit. The decimal for one well does not have to equal the decimal for another.

Check your decimal on this lease
Permits for Kraken 10-3 Unit 1
API numberWell no.Acreson the permit
42-227-40408211641.27
42-227-40409221641.27
42-227-40410122641.27
42-227-40411223641.27
42-227-40412231641.27
42-227-40413132641.27
42-227-40414233641.27
42-227-40415241641.27
42-227-40416142641.27

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

Unit decimal checker

What Diamondback Energy, Inc. told investors it received

Diamondback E&P LLC is linked to Diamondback Energy, Inc. (FANG).
Realized prices reported by Diamondback Energy, Inc.
QuarterOil$ per bblFiling
Q2 2026$96.82SEC filing
Q1 2026$73.47SEC filing
Q4 2025$58.00SEC filing
Q3 2025$64.60SEC filing
Q2 2025$63.23SEC filing
Q1 2025$70.95SEC filing

SourceDiamondback Energy, Inc. quarterly reports, SEC EDGAR, company-wide averages before hedging.

Estimate your royalty

36 months, newest first

Ledger for KRAKEN 10-3 UNIT 1
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Diamondback E&P7,3867,386163,661159,4020$80.46$2.89
Jun 2026Diamondback E&P8,0818,047175,031170,019111$84.81$3.15
May 2026Diamondback E&P6,1686,172144,997140,3160$102.13$2.94
Apr 2026Diamondback E&P5,2845,232129,725125,8130$100.32$2.77
Mar 2026Diamondback E&P3,8033,819120,302116,0420$91.38$3.04
Feb 2026Diamondback E&P4,8634,91397,06692,9530$64.51$3.62
Jan 2026Diamondback E&P6,0526,072105,616101,45732$60.04$7.72
Dec 2025Diamondback E&P4,8324,87395,51090,3390$57.97$4.26
Nov 2025Diamondback E&P6,3026,317101,02796,6929$60.06$3.79
Oct 2025Diamondback E&P6,6386,62095,33291,4280$60.89$3.19
Sep 2025Diamondback E&P4,2904,22793,01089,2320$63.96$2.97
Aug 2025Diamondback E&P3,4703,49766,27861,4181,568$64.86$2.91
Jul 2025Diamondback E&P4,8444,90998,73493,7800$68.39$3.20
Jun 2025Diamondback E&P5,5605,488106,957101,8030$68.17$3.02
May 2025Diamondback E&P5,9225,917105,002100,91562$62.17$3.12
Apr 2025Diamondback E&P7,1017,133113,725108,996407$63.54$3.42
Mar 2025Diamondback E&P8,4138,424121,726115,75021$68.24$4.12
Feb 2025Diamondback E&P6,8876,867101,14295,7620$71.53$4.19
Jan 2025Diamondback E&P7,7968,007123,671117,13642$75.74$4.13
Dec 2024Endeavor Energy10,08910,215143,457134,747568$70.12$3.01
Nov 2024Endeavor Energy10,47610,381143,723134,853198$69.95$2.12
Oct 2024Endeavor Energy10,29610,269136,463126,2641,415$71.99$2.20
Sep 2024Endeavor Energy10,83310,929148,372138,98526$70.24$2.28
Aug 2024Endeavor Energy11,51211,367157,313149,043238$76.68$1.99
Jul 2024Endeavor Energy11,63011,509172,143163,4422,421$81.80$2.07
Jun 2024Endeavor Energy11,71511,759151,528127,99617,707$79.77$2.54
May 2024Endeavor Energy12,14912,139155,440144,9004,842$80.02$2.12
Apr 2024Endeavor Energy13,30213,336155,864145,6944,159$85.35$1.60
Mar 2024Endeavor Energy15,58115,712167,842161,03014$81.28$1.49
Feb 2024Endeavor Energy15,09415,054146,084138,45710$77.25$1.72
Jan 2024Endeavor Energy15,64515,770144,837138,857723$74.15$3.18
Dec 2023Endeavor Energy17,54317,454151,996146,402533$71.90$2.52
Nov 2023Endeavor Energy18,36018,348142,048136,85714$77.69$2.71
Oct 2023Endeavor Energy20,52720,488165,813159,996839$85.64$2.98
Sep 2023Endeavor Energy20,47520,501163,686158,68747$89.43$2.64
Aug 2023Endeavor Energy21,52821,551163,118157,8312$81.39$2.58

Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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This lease belongs to

OperatorDiamondback E&P LLCFieldSpraberry (Trend Area)CountyHoward County

Diamondback E&P LLC in Howard County

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Spraberry (Trend Area) field

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