Texas oil lease
ProducingKRAKEN 10-3 UNIT 2
Kraken 10-3 Unit 2 is an oil lease in Howard County, Texas, operated by Diamondback E&P LLC in the Spraberry (Trend Area) field.
10 wells
- Operator
- Diamondback E&P LLC
- County
- Howard County
- RRC lease
- 08-54640
Is your check right?
Where it sits
This county
- Gas, last 12 months
- 1,613,043 mcf
- Oil in Jul 2026
- 16,907 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.
See why checks stop on this leaseProduction by month
Oil output rose 6% over the last 12 months
- Oil (bars)
- Gas (line)
- Last 12 months
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)
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Transmission line (2)
96% · 1,551,354 mcf
Lease fuel (1)
3.7% · 58,908 mcf
Flared (4)
0.2% · 2,781 mcf
0.2% 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
- Diamondback E&P LLC Jan 2025 to now
- Endeavor Energy Resources L.P. Nov 2020 to Dec 2024
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
10 wells on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-227-40419 | 252 | Active |
| 42-227-40855 | 153 | Active |
| 42-227-40856 | 261 | Active |
| 42-227-40857 | 162 | Active |
| 42-227-40858 | 171 | Active |
| 42-227-40859 | 272 | Active |
| 42-317-43279 | 273 | Active |
| 42-317-43280 | 181 | Active |
| 42-317-43281 | 282 | Active |
| 42-317-43282 | 183 | Active |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From | Until |
|---|---|---|---|---|---|
| Medallion Operating Company, LLC | Oil | Gathers | 100 | Nov 1, 2020 | – |
| Oneok Midland Midstream, LLC | Casinghead gas | Buys | 100 | Apr 1, 2026 | – |
| Enlink Permian, LLC | Casinghead gas | Gathers | 100 | Nov 1, 2020 | – |
| Enlink Gas Marketing, LP | Casinghead gas | Buys | 100 | Nov 1, 2020 | Apr 1, 2026 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
639.90 acres on the newest permit
- Worth asking
An allocation well is on this lease
A well drilled across several tracts shares its production by an allocation formula, so the decimal is not always your acres over the unit acres. Ask the operator for the allocation formula and the tract factor for your land.
- Good to know
The wells on this lease state different acreage
The permits state between 559.66 and 639.9 acres. Use the acres from your own division order for the well you are paid on.
- Good to know
10 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.
- Worth asking
A Rule 37 case is listed
The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-227-40855 | 153 | Nov 12, 2020 | Jul 8, 2021 | 639.90 |
| 42-227-40856 | 261 | Nov 12, 2020 | Jul 8, 2021 | 639.90 |
| 42-227-40857 | 162 | Nov 12, 2020 | Jul 8, 2021 | 639.90 |
| 42-227-40858 | 171 | Nov 12, 2020 | Jul 8, 2021 | 639.90 |
| 42-227-40859 | 272 | Nov 12, 2020 | Jul 8, 2021 | 639.90 |
| 42-317-43279 | 273 | Nov 12, 2020 | Jul 8, 2021 | 639.90 |
| 42-317-43280 | 181 | Nov 12, 2020 | Jul 8, 2021 | 639.90 |
| 42-317-43281 | 282 | Nov 12, 2020 | Jul 8, 2021 | 639.90 |
| 42-317-43282 | 183 | Nov 12, 2020 | Jul 8, 2021 | 639.90 |
| 42-227-40419 | 252 | Nov 5, 2019 | Mar 30, 2020 | 559.66 |
What Diamondback Energy, Inc. told investors it received
| Quarter | Oil$ per bbl | Gas$ per mcf | Gas liquids$ per bbl | Filing |
|---|---|---|---|---|
| Q2 2026 | $96.82 | −$2.15 | $18.56 | SEC filing |
| Q1 2026 | $73.47 | $0.18 | $16.68 | SEC filing |
| Q4 2025 | $58.00 | $0.03 | $13.51 | SEC filing |
| Q3 2025 | $64.60 | $0.75 | $17.28 | SEC filing |
| Q2 2025 | $63.23 | $0.88 | $18.13 | SEC filing |
| Q1 2025 | $70.95 | $2.11 | $23.94 | SEC filing |
SourceDiamondback Energy, Inc. quarterly reports, SEC EDGAR, company-wide averages before hedging.
Estimate your royalty
36 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|---|---|---|
| Jul 2026Diamondback E&P | 16,907 | 16,858 | 215,572 | 209,973 | 0 | $80.46 | $2.89 |
| Jun 2026Diamondback E&P | 15,839 | 15,821 | 182,202 | 177,000 | 115 | $84.81 | $3.15 |
| May 2026Diamondback E&P | 14,788 | 14,857 | 158,967 | 153,852 | 0 | $102.13 | $2.94 |
| Apr 2026Diamondback E&P | 15,450 | 15,450 | 142,991 | 138,698 | 0 | $100.32 | $2.77 |
| Mar 2026Diamondback E&P | 20,170 | 20,050 | 147,698 | 142,526 | 0 | $91.38 | $3.04 |
| Feb 2026Diamondback E&P | 13,154 | 13,184 | 91,474 | 87,625 | 0 | $64.51 | $3.62 |
| Jan 2026Diamondback E&P | 11,433 | 11,474 | 125,181 | 120,262 | 37 | $60.04 | $7.72 |
| Dec 2025Diamondback E&P | 9,260 | 9,405 | 104,924 | 99,253 | 0 | $57.97 | $4.26 |
| Nov 2025Diamondback E&P | 14,276 | 14,353 | 112,875 | 108,045 | 9 | $60.06 | $3.79 |
| Oct 2025Diamondback E&P | 16,438 | 16,638 | 106,583 | 102,238 | 0 | $60.89 | $3.19 |
| Sep 2025Diamondback E&P | 16,238 | 16,053 | 113,332 | 108,757 | 0 | $63.96 | $2.97 |
| Aug 2025Diamondback E&P | 14,680 | 14,554 | 111,244 | 103,125 | 2,620 | $64.86 | $2.91 |
| Jul 2025Diamondback E&P | 12,737 | 12,828 | 61,915 | 58,840 | 0 | $68.39 | $3.20 |
| Jun 2025Diamondback E&P | 12,528 | 12,451 | 72,993 | 69,518 | 0 | $68.17 | $3.02 |
| May 2025Diamondback E&P | 16,904 | 16,887 | 125,509 | 120,650 | 73 | $62.17 | $3.12 |
| Apr 2025Diamondback E&P | 20,148 | 20,139 | 124,663 | 119,513 | 444 | $63.54 | $3.42 |
| Mar 2025Diamondback E&P | 18,956 | 19,023 | 109,217 | 103,895 | 19 | $68.24 | $4.12 |
| Feb 2025Diamondback E&P | 17,036 | 17,045 | 94,462 | 89,477 | 0 | $71.53 | $4.19 |
| Jan 2025Diamondback E&P | 22,151 | 22,323 | 105,412 | 99,895 | 36 | $75.74 | $4.13 |
| Dec 2024Endeavor Energy | 20,181 | 20,071 | 90,199 | 84,780 | 353 | $70.12 | $3.01 |
| Nov 2024Endeavor Energy | 11,775 | 11,518 | 59,172 | 55,546 | 81 | $69.95 | $2.12 |
| Oct 2024Endeavor Energy | 6,701 | 6,614 | 49,238 | 45,558 | 510 | $71.99 | $2.20 |
| Sep 2024Endeavor Energy | 5,066 | 5,053 | 41,527 | 38,900 | 7 | $70.24 | $2.28 |
| Aug 2024Endeavor Energy | 3,985 | 4,139 | 53,857 | 51,026 | 81 | $76.68 | $1.99 |
| Jul 2024Endeavor Energy | 11,273 | 11,312 | 135,886 | 129,018 | 1,911 | $81.80 | $2.07 |
| Jun 2024Endeavor Energy | 20,179 | 20,287 | 183,477 | 154,983 | 21,440 | $79.77 | $2.54 |
| May 2024Endeavor Energy | 22,527 | 22,529 | 189,862 | 176,988 | 5,914 | $80.02 | $2.12 |
| Apr 2024Endeavor Energy | 25,804 | 25,749 | 187,843 | 175,586 | 5,012 | $85.35 | $1.60 |
| Mar 2024Endeavor Energy | 23,387 | 23,355 | 150,688 | 144,572 | 13 | $81.28 | $1.49 |
| Feb 2024Endeavor Energy | 14,130 | 14,061 | 93,261 | 88,392 | 6 | $77.25 | $1.72 |
| Jan 2024Endeavor Energy | 13,266 | 13,426 | 113,380 | 108,699 | 566 | $74.15 | $3.18 |
| Dec 2023Endeavor Energy | 16,817 | 16,800 | 151,682 | 142,879 | 520 | $71.90 | $2.52 |
| Nov 2023Endeavor Energy | 20,680 | 20,701 | 181,142 | 172,724 | 18 | $77.69 | $2.71 |
| Oct 2023Endeavor Energy | 25,075 | 25,045 | 191,230 | 181,855 | 954 | $85.64 | $2.98 |
| Sep 2023Endeavor Energy | 25,969 | 26,025 | 179,196 | 170,456 | 50 | $89.43 | $2.64 |
| Aug 2023Endeavor Energy | 28,619 | 28,573 | 190,117 | 182,139 | 2 | $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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Nearby
This lease belongs to
Diamondback E&P LLC in Howard County
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Leases within 10 km
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