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 241723District 01Field 043005002 tax incentive programmesCondensateGasSaveExport
Value, all time
$625 k
May 2008 – May 2026
Value, last 12 filed months
$24 k
at the published price for each month
Months reported
217
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 Gas112009-01-28188540
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
CondensateDisposition15 bbl$1,123
GasProduction151,708 Mcf$623,491
Total$624,614

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 28.1358, -99.3757. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.13582, -99.37575 · 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
7,900 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 7,900 ft.

Completions filed
May 2008
1 of 1 wells

1 well

42-28332108117,900 ftMay 2008

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 (217)

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

217 months

May 20260316106.413.05$962
Apr 2026050098.932.87$1,435
Mar 2026058789.753.15$1,849
Feb 2026084863.503.75$3,180
Jan 2026054359.138.00$4,343
Dec 2025053956.664.41$2,379
Nov 2025054458.593.93$2,136
Oct 2025053859.383.30$1,778
Sep 2025050462.743.08$1,551
Aug 2025052563.933.01$1,583
Jul 2025051066.743.32$1,691
Jun 2025050766.483.13$1,586
May 2025056060.553.23$1,810
Apr 2025050262.363.54$1,779
Mar 2025049467.704.27$2,109
Feb 2025024970.884.34$1,081
Jan 2025021074.324.28$899
Dec 2024018068.993.12$562
Nov 2024035569.052.20$780
Oct 2024017471.372.28$397
Sep 2024020669.612.36$487
Aug 2024040475.632.06$834
Jul 2024043279.932.15$927
Jun 2024036578.082.63$961
May 2024041078.812.20$901
Apr 2024045984.451.66$762
Mar 2024030680.301.55$473
Feb 2024032976.091.78$587
Jan 2024034273.023.30$1,128
Dec 2023030671.262.61$799
Nov 2023034977.892.81$980
Oct 2023043185.443.09$1,331
Sep 2023549089.042.74$1,785
Aug 2023044080.522.67$1,176
Jul 2023030874.852.64$814
Jun 2023036768.962.26$829
May 2023038370.622.23$853
Apr 2023035578.122.24$794
Mar 2023039572.852.39$945
Feb 2023050475.112.47$1,243
Jan 2023055276.533.39$1,870
Dec 2022041876.415.73$2,395
Nov 2022045485.005.65$2,563
Oct 2022048887.185.86$2,862
Sep 2022447784.888.16$4,234
Aug 2022052194.529.13$4,755
Jul 20220561101.587.54$4,231
Jun 20220361115.097.98$2,880
May 20220476109.378.43$4,014
Apr 20220406104.226.84$2,776
Mar 20220429108.885.08$2,178
Feb 2022032691.054.86$1,584
Jan 2022063981.844.54$2,900
Dec 2021037671.323.90$1,466
Nov 2021083777.435.24$4,383
Oct 2021098579.795.71$5,628
Sep 2021062669.865.35$3,350
Aug 2021035866.024.22$1,511
Jul 2021026070.783.98$1,035
Jun 2021032869.493.38$1,109
May 2021030263.483.02$911
Apr 2021024760.362.76$681
Mar 2021033761.302.72$916
Feb 2021041457.805.55$2,297
Jan 2021021450.412.81$601
Dec 2020024044.642.68$642
Nov 2020020038.772.71$541
Oct 2020021336.972.48$528
Sep 2020028437.091.99$565
Aug 2020025939.982.39$618
Jul 2020024338.371.83$444
Jun 2020023534.901.69$397
May 2020024516.921.81$445
Apr 2020024414.751.80$440
Mar 2020034330.341.86$637
Feb 2020028349.881.98$561
Jan 2020029457.252.09$616
Dec 2019535459.012.30$1,111
Nov 2019035255.302.75$968
Oct 2019037853.472.42$914
Sep 2019039755.052.66$1,055
Aug 2019039353.112.30$906
Jul 2019038256.272.46$940
Jun 2019036752.782.49$914
May 2019037258.482.74$1,019
Apr 2019033462.632.75$919
Mar 2019044456.803.06$1,360
Feb 2019038950.852.79$1,086
Jan 2019039246.033.23$1,265
Dec 2018031446.594.19$1,314
Nov 2018030452.934.24$1,288
Oct 2018031461.443.40$1,067
Sep 2018029759.543.11$923
Aug 2018035859.403.07$1,098
Jul 2018033665.142.93$985
Jun 2018035660.183.08$1,095
May 2018032165.382.90$931
Apr 2018031463.842.90$911
Mar 2018028961.222.79$805
Feb 2018026161.782.77$722
Jan 2018044062.874.01$1,764
Dec 2017054057.272.92$1,578
Nov 2017048555.423.12$1,512
Oct 2017055949.292.98$1,668
Sep 2017049847.523.09$1,537
Aug 2017052945.373.00$1,589
Jul 2017054343.873.09$1,676
Jun 2017048942.493.09$1,510
May 2017051145.373.26$1,668
Apr 2017060247.933.21$1,933
Mar 2017067146.772.98$2,002
Feb 2017058850.452.95$1,736
Jan 2017047449.413.42$1,621
Dec 2016048448.763.72$1,802
Nov 2016047342.492.64$1,251
Oct 2016041846.193.09$1,292
Sep 2016034241.553.10$1,060
Aug 2016043041.442.92$1,257
Jul 2016044841.622.92$1,310
Jun 2016060645.352.69$1,628
May 2016059042.521.99$1,175
Apr 2016055036.561.99$1,095
Mar 2016055433.011.79$994
Feb 2016047226.472.06$974
Jan 2016075227.352.36$1,778
Dec 2015088132.362.00$1,763
Nov 2015080438.792.17$1,743
Oct 2015191843.552.43$2,271
Sep 2015086442.992.76$2,383
Aug 2015085240.162.87$2,447
Jul 2015080148.152.95$2,359
Jun 2015074756.152.88$2,154
May 2015076755.212.96$2,267
Apr 2015071549.822.71$1,935
Mar 2015074842.892.93$2,195
Feb 2015067544.662.98$2,009
Jan 2015072643.433.10$2,251
Dec 2014078654.693.59$2,823
Nov 2014076870.464.25$3,265
Oct 201401,06878.303.90$4,166
Sep 2014073286.164.05$2,961
Aug 2014072289.394.04$2,913
Jul 2014084896.564.18$3,544
Jun 2014078198.164.74$3,700
May 2014083194.734.73$3,928
Apr 2014092395.944.81$4,439
Mar 2014088295.895.06$4,460
Feb 2014072597.406.19$4,489
Jan 2014073790.404.86$3,582
Dec 2013085391.824.35$3,714
Nov 2013087788.853.74$3,278
Oct 2013089997.423.78$3,398
Sep 201301,019104.113.72$3,788
Aug 201301,083104.253.52$3,815
Jul 201301,008102.523.72$3,747
Jun 201301,04694.403.93$4,114
May 201301,00694.834.15$4,174
Apr 2013098793.964.28$4,227
Mar 201301,05693.623.91$4,132
Feb 2013093491.233.42$3,194
Jan 201301,03391.603.42$3,533
Dec 2012082986.773.42$2,835
Nov 2012078686.953.62$2,849
Oct 2012084589.383.40$2,873
Sep 2012082094.672.92$2,393
Aug 2012089492.662.91$2,600
Jul 2012089485.133.02$2,701
Jun 2012081779.822.52$2,058
May 2012083291.612.49$2,070
Apr 20120817101.652.00$1,631
Mar 20120793105.052.22$1,762
Feb 20120770101.102.57$1,979
Jan 2012079698.092.73$2,176
Dec 2011083396.873.24$2,699
Nov 2011089995.723.31$2,977
Oct 2011086884.983.65$3,167
Sep 2011093083.623.99$3,707
Aug 2011097183.404.15$4,029
Jul 2011096294.144.52$4,346
Jun 2011094792.904.64$4,394
May 2011097698.134.40$4,299
Apr 20110971105.964.33$4,208
Mar 2011099696.364.06$4,041
Feb 2011090085.644.18$3,762
Jan 201101,09286.504.59$5,011
Dec 201001,08885.734.35$4,730
Nov 201001,09180.843.80$4,141
Oct 201001,08178.103.51$3,793
Sep 201001,10172.633.98$4,381
Aug 2010097073.684.42$4,287
Jul 201001,12472.554.74$5,324
Jun 201001,11670.364.91$5,480
May 201001,18171.124.24$5,002
Apr 201001,14981.694.12$4,737
Mar 201001,14878.394.39$5,038
Feb 201001,08073.585.44$5,878
Jan 201001,22474.365.96$7,300
Dec 200901,25871.445.48$6,899
Nov 200901,33674.593.75$5,012
Oct 200901,39172.544.11$5,717
Sep 200901,47265.543.06$4,511
Aug 200901,60767.423.22$5,172
Jul 200901,58561.133.46$5,491
Jun 200901,65466.163.90$6,442
May 200901,89654.743.93$7,443
Apr 200901,83046.773.59$6,565
Mar 200902,08542.144.06$8,463
Feb 200902,03132.814.63$9,410
Jan 200902,42735.865.37$13,035
Dec 200802,58937.105.98$15,475
Nov 200803,18555.496.86$21,850
Oct 200803,21875.246.92$22,275
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200804,144123.1711.57$47,964

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
Condensate             0 bbl  × $106.41 =         $0
Gas                  316 Mcf  × $  3.05 =       $962

────────────────────────────────────────────────────
Month total                                     $962

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/241723 is the state's own key, not one this site invented.