KRAKEN 10-3 UNIT 1

Operated by DIAMONDBACK E&P LLC (P-5 217012) in the SPRABERRY (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 54400District 08Field 85280300OilCasinghead gasSave
Value, all time
$232.9 M
Dec 2019 – May 2026
Value, last 12 filed months
$9.1 M
at the published price for each month
Months reported
78
no gaps in the span
Streams
2
oil, casinghead gas

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
OilDisposition2,810,201 bbl$195,261,255
Casinghead gasProduction9,562,663 Mcf$37,635,576
Total$232,896,831

Wells on this lease (9)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 32.4360, -101.6913. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

32.43600, -101.69149 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 9 wells
With a plug date
0.0%
0 of 9 wells
Median depth
8,299 ft
9 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
9100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

0k
2k
4k
6k
8k
10k
12k
15k
20k+

Total depth in feet, 9 of 9 wells. Median 8,299 ft, with the middle half between 8,004 and 8,476 ft; the shallowest is 7,986 ft and the deepest 8,501 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

20s

Last completion by decade, 9 of 9 wells, Nov 2020. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Nov 2020
9 of 9 wells

9 wells

42-227404082118,299 ftNov 2020
42-227404092218,476 ftNov 2020
42-227404101227,986 ftNov 2020
42-227404112238,295 ftNov 2020
42-227404122318,479 ftNov 2020
42-227404131327,986 ftNov 2020
42-227404142338,319 ftNov 2020
42-227404152418,501 ftNov 2020
42-227404161428,004 ftNov 2020

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (78)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

78 months

May 20266,167144,997106.413.05$1,097,868
Apr 20265,227129,72698.932.87$889,384
Mar 20263,798120,30289.753.15$719,754
Feb 20264,89097,06663.503.75$674,544
Jan 20266,045105,61659.138.00$1,202,149
Dec 20254,86795,51056.664.41$697,284
Nov 20256,314101,02758.593.93$766,614
Oct 20256,61895,33259.383.30$708,034
Sep 20254,22793,01062.743.08$551,386
Aug 20253,49766,27863.933.01$423,375
Jul 20254,90998,73466.743.32$654,950
Jun 20255,488106,95766.483.13$699,481
May 20255,917105,00260.553.23$697,674
Apr 20257,133113,72562.363.54$847,755
Mar 20258,424121,72667.704.27$1,089,870
Feb 20256,867101,14270.884.34$925,774
Jan 20258,007123,67174.324.28$1,124,229
Dec 202410,215143,45768.993.12$1,152,515
Nov 202410,381143,72369.052.20$1,032,774
Oct 202410,269136,46371.372.28$1,044,225
Sep 202410,929148,37269.612.36$1,111,573
Aug 202411,367157,31375.632.06$1,184,322
Jul 202411,509172,14379.932.15$1,289,435
Jun 202411,759151,52878.082.63$1,317,264
May 202412,139155,44078.812.20$1,298,400
Apr 202413,336155,86484.451.66$1,384,835
Mar 202415,712167,84280.301.55$1,521,011
Feb 202415,054146,08476.091.78$1,406,020
Jan 202415,770144,83773.023.30$1,629,149
Dec 202317,454151,99671.262.61$1,640,591
Nov 202318,348142,04877.892.81$1,827,934
Oct 202320,488165,81385.443.09$2,262,406
Sep 202320,501163,68689.042.74$2,273,097
Aug 202321,551163,11880.522.67$2,171,281
Jul 202324,596155,89474.852.64$2,252,851
Jun 202322,746152,53868.962.26$1,913,068
May 202324,351144,63270.622.23$2,041,821
Apr 202323,975127,01578.122.24$2,157,156
Mar 202328,097145,12572.852.39$2,394,174
Feb 202320,039102,78275.112.47$1,758,557
Jan 202326,058126,83176.533.39$2,423,887
Dec 202226,894147,73276.415.73$2,901,339
Nov 202228,218173,67085.005.65$3,379,106
Oct 202235,522191,33387.185.86$4,218,739
Sep 202236,838186,54684.888.16$4,649,711
Aug 202241,319193,40194.529.13$5,670,674
Jul 202246,652190,521101.587.54$6,175,835
Jun 202247,630182,066115.097.98$6,934,114
May 202255,689203,841109.378.43$7,809,705
Apr 202261,390217,544104.226.84$7,885,545
Mar 202262,165190,656108.885.08$7,736,371
Feb 202265,184179,13291.054.86$6,805,377
Jan 202271,816155,98381.844.54$6,585,222
Dec 202176,943131,33171.323.90$5,999,650
Nov 202160,64295,37177.435.24$5,194,954
Oct 202148,39787,11879.795.71$4,359,378
Sep 202170,779122,92769.865.35$5,602,393
Aug 2021100,664151,23566.024.22$7,284,138
Jul 202189,105113,44470.783.98$6,758,595
Jun 202150,61252,42269.493.38$3,694,247
May 2021104,723170,34463.483.02$7,161,858
Apr 2021161,321227,29060.362.76$10,364,297
Mar 2021205,083235,53361.302.72$13,211,517
Feb 2021163,970122,12457.805.55$10,155,004
Jan 2021235,614188,14350.412.81$12,406,034
Dec 2020252,446190,03444.642.68$11,777,618
Nov 202095,54678,55738.772.71$3,916,938
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

May 2026 — as filed, then multipliedworked
Oil                6,167 bbl  × $106.41 =   $656,230
Casinghead gas   144,997 Mcf  × $  3.05 =   $441,638

────────────────────────────────────────────────────
Month total                               $1,097,868

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 08/O/54400 is the state's own key, not one this site invented.