VT KRAUSE, A. L. ESTATE

Operated by LEWIS PETRO PROPERTIES, INC. (P-5 499978) in the ATLEE (OLMOS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 225164District 01Field 043005002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.4 M
May 2006 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
241
no gaps in the span
Streams
2
condensate, gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 66 leases and 66 wells, and the rule below applies to all of them.

Discovered
1983-10-13
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2013-05-17.

The Commission's schedule remark for this field reads: FORMULA REMAINS SUSPENDED.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112007-04-30174801
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition928 bbl$60,859
GasProduction247,815 Mcf$1,352,996
Total$1,413,855

Wells on this lease (1)

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 28.1273, -99.3758. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.12734, -99.37579 · 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 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
8,045 ft
1 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.
1100.0%

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

The one well that filed a depth was drilled to 8,045 ft.

Completions filed
Jul 2005
1 of 1 wells

1 well

42-2833188678,045 ftJul 2005

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 (241)

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

241 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
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 20192259.012.30$123
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 201904446.033.23$142
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 201802161.443.40$71
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 201807662.874.01$305
Dec 2017058557.272.92$1,709
Nov 2017060955.423.12$1,899
Oct 2017076249.292.98$2,274
Sep 2017068347.523.09$2,109
Aug 2017067445.373.00$2,025
Jul 2017069843.873.09$2,155
Jun 2017058742.493.09$1,812
May 2017063845.373.26$2,082
Apr 2017062047.933.21$1,991
Mar 2017192246.772.98$2,798
Feb 2017088650.452.95$2,616
Jan 2017187949.413.42$3,055
Dec 2016083548.763.72$3,109
Nov 2016086942.492.64$2,298
Oct 2016075446.193.09$2,330
Sep 2016058041.553.10$1,798
Aug 2016073241.442.92$2,141
Jul 2016074641.622.92$2,182
Jun 2016072045.352.69$1,934
May 2016074042.521.99$1,473
Apr 2016072736.561.99$1,447
Mar 2016074333.011.79$1,333
Feb 2016074626.472.06$1,539
Jan 2016092327.352.36$2,182
Dec 201501,10032.362.00$2,202
Nov 2015096938.792.17$2,100
Oct 201561,04243.552.43$2,790
Sep 2015092542.992.76$2,552
Aug 2015097340.162.87$2,795
Jul 201501,03948.152.95$3,060
Jun 2015093256.152.88$2,687
May 2015080855.212.96$2,388
Apr 2015078049.822.71$2,111
Mar 2015071742.892.93$2,104
Feb 2015065144.662.98$1,938
Jan 2015083143.433.10$2,577
Dec 2014086754.693.59$3,114
Nov 2014087670.464.25$3,725
Oct 2014087578.303.90$3,413
Sep 2014081486.164.05$3,293
Aug 2014074689.394.04$3,010
Jul 2014093296.564.18$3,895
Jun 201401,03098.164.74$4,879
May 201401,04694.734.73$4,944
Apr 201401,23295.944.81$5,925
Mar 201471,21095.895.06$6,790
Feb 2014092197.406.19$5,703
Jan 201401,06090.404.86$5,152
Dec 2013086591.824.35$3,767
Nov 201301,04988.853.74$3,921
Oct 201301,18097.423.78$4,460
Sep 201301,283104.113.72$4,770
Aug 2013141,299104.253.52$6,035
Jul 201301,307102.523.72$4,859
Jun 201301,19994.403.93$4,716
May 201301,23194.834.15$5,108
Apr 201301,24093.964.28$5,310
Mar 201301,32493.623.91$5,181
Feb 2013078691.233.42$2,688
Jan 201301,27991.603.42$4,374
Dec 201201,23186.773.42$4,210
Nov 201201,22586.953.62$4,441
Oct 201201,21489.383.40$4,127
Sep 201201,24494.672.92$3,630
Aug 201201,30092.662.91$3,781
Jul 201201,51185.133.02$4,564
Jun 201201,56079.822.52$3,930
May 201201,40391.612.49$3,491
Apr 201201,464101.652.00$2,923
Mar 201201,507105.052.22$3,349
Feb 201201,441101.102.57$3,704
Jan 201201,50798.092.73$4,120
Dec 201101,51696.873.24$4,911
Nov 201101,61095.723.31$5,331
Oct 201101,61584.983.65$5,892
Sep 201101,51683.623.99$6,042
Aug 201101,57183.404.15$6,519
Jul 201101,41294.144.52$6,378
Jun 201101,50992.904.64$7,002
May 201101,53998.134.40$6,779
Apr 2011231,521105.964.33$9,028
Mar 201101,54996.364.06$6,285
Feb 201101,37685.644.18$5,752
Jan 201101,65586.504.59$7,594
Dec 201001,59285.734.35$6,922
Nov 201001,60280.843.80$6,080
Oct 201001,71378.103.51$6,011
Sep 201001,68272.633.98$6,693
Aug 201001,30573.684.42$5,767
Jul 201001,75672.554.74$8,317
Jun 2010251,80470.364.91$10,617
May 201001,84471.124.24$7,810
Apr 201001,78081.694.12$7,338
Mar 201001,79178.394.39$7,860
Feb 201001,63473.585.44$8,893
Jan 201001,83074.365.96$10,914
Dec 2009251,86171.445.48$11,991
Nov 200901,89874.593.75$7,120
Oct 200901,93772.544.11$7,962
Sep 200902,01565.543.06$6,175
Aug 2009232,19167.423.22$8,602
Jul 200902,14461.133.46$7,428
Jun 200902,23566.163.90$8,705
May 2009242,23954.743.93$10,104
Apr 200902,06946.773.59$7,423
Mar 2009232,24942.144.06$10,098
Feb 200902,39132.814.63$11,078
Jan 2009242,65135.865.37$15,099
Dec 2008492,14737.105.98$14,651
Nov 2008102,41455.496.86$17,116
Oct 2008402,67375.246.92$21,512
Sep 200802,508101.767.88$19,756
Aug 200802,666114.228.48$22,616
Jul 2008383,554131.0811.39$45,459
Jun 200802,722131.3313.03$35,475
May 200802,963123.1711.57$34,295
Apr 200802,209110.3110.45$23,095
Mar 200803,014101.909.66$29,128
Feb 200802,55092.538.77$22,365
Jan 200803,10890.388.21$25,503
Dec 2007433,10488.337.30$26,464
Nov 200702,92091.677.29$21,292
Oct 200703,42382.856.92$23,694
Sep 200703,28975.846.24$20,537
Aug 200704,24969.066.39$27,142
Jul 200703,24870.906.39$20,748
Jun 2007843,30262.007.55$30,133
May 200703,75958.747.85$29,494
Apr 200703,91059.617.81$30,518
Mar 200704,02256.927.30$29,369
Feb 2007543,50155.108.22$31,740
Jan 2007504,17350.306.73$30,586
Dec 200604,46556.656.92$30,891
Nov 2006253,71054.207.62$29,616
Oct 20061283,37454.906.01$27,318
Sep 200604,38960.085.04$22,108
Aug 200604,82968.717.34$35,444
Jul 20061604,90869.376.34$42,229
Jun 200605,58666.286.38$35,660
May 2006495,69866.016.42$39,844

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.

Dec 2019 — as filed, then multipliedworked
Condensate             2 bbl  × $ 59.01 =       $118
Gas                    2 Mcf  × $  2.30 =         $5

────────────────────────────────────────────────────
Month total                                     $123

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. 01/G/225164 is the state's own key, not one this site invented.