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 243073District 01Field 043005002 tax incentive programmesCondensateGasSaveExport
Value, all time
$930 k
Oct 2008 – May 2026
Value, last 12 filed months
$20 k
at the published price for each month
Months reported
212
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 Gas112009-02-02189145
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
CondensateDisposition296 bbl$18,703
GasProduction232,522 Mcf$911,506
Total$930,209

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 28.1310, -99.3851. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.13097, -99.38511 · 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
7,912 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 7,912 ft.

Completions filed
Oct 2008
1 of 1 wells

1 well

42-28332120107,912 ftOct 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 (212)

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

212 months

May 20260500106.413.05$1,523
Apr 2026049898.932.87$1,429
Mar 2026077189.753.15$2,428
Feb 2026030563.503.75$1,144
Jan 2026038659.138.00$3,087
Dec 2025049856.664.41$2,198
Nov 2025050258.593.93$1,971
Oct 2025050359.383.30$1,662
Sep 2025036162.743.08$1,111
Aug 2025035963.933.01$1,082
Jul 2025042366.743.32$1,402
Jun 2025038366.483.13$1,198
May 2025044360.553.23$1,432
Apr 2025042162.363.54$1,492
Mar 2025040367.704.27$1,720
Feb 2025046470.884.34$2,014
Jan 2025049674.324.28$2,122
Dec 2024051868.993.12$1,617
Nov 2024044069.052.20$967
Oct 2024041871.372.28$954
Sep 2024097269.612.36$2,298
Aug 202401,07975.632.06$2,227
Jul 2024065879.932.15$1,412
Jun 2024064978.082.63$1,709
May 2024065978.812.20$1,449
Apr 2024065484.451.66$1,085
Mar 2024065180.301.55$1,006
Feb 2024062176.091.78$1,108
Jan 2024062473.023.30$2,058
Dec 2023065371.262.61$1,705
Nov 2023051977.892.81$1,457
Oct 2023050585.443.09$1,559
Sep 2023550289.042.74$1,818
Aug 2023050180.522.67$1,339
Jul 2023044674.852.64$1,178
Jun 2023047468.962.26$1,071
May 2023052370.622.23$1,165
Apr 2023045678.122.24$1,020
Mar 2023054872.852.39$1,311
Feb 2023055075.112.47$1,356
Jan 2023060276.533.39$2,039
Dec 2022061176.415.73$3,500
Nov 2022056385.005.65$3,179
Oct 2022061487.185.86$3,600
Sep 2022463484.888.16$5,515
Aug 2022064894.529.13$5,914
Jul 20220695101.587.54$5,242
Jun 20220493115.097.98$3,933
May 20220441109.378.43$3,719
Apr 20220382104.226.84$2,612
Mar 20220386108.885.08$1,959
Feb 2022040091.054.86$1,944
Jan 2022048681.844.54$2,205
Dec 2021050871.323.90$1,981
Nov 2021064177.435.24$3,357
Oct 2021098079.795.71$5,600
Sep 2021099869.865.35$5,340
Aug 2021059166.024.22$2,494
Jul 2021050470.783.98$2,007
Jun 2021050669.493.38$1,711
May 2021051163.483.02$1,542
Apr 2021048260.362.76$1,330
Mar 2021055561.302.72$1,508
Feb 2021052657.805.55$2,918
Jan 2021058550.412.81$1,644
Dec 2020062044.642.68$1,659
Nov 2020066838.772.71$1,808
Oct 2020053936.972.48$1,336
Sep 2020057637.091.99$1,147
Aug 2020059539.982.39$1,419
Jul 2020060738.371.83$1,108
Jun 2020059334.901.69$1,002
May 2020053716.921.81$975
Apr 2020040414.751.80$729
Mar 2020051230.341.86$950
Feb 2020057049.881.98$1,129
Jan 2020056457.252.09$1,181
Dec 2019570359.012.30$1,915
Nov 2019068355.302.75$1,879
Oct 2019082553.472.42$1,995
Sep 2019086855.052.66$2,307
Aug 2019092253.112.30$2,125
Jul 2019081756.272.46$2,010
Jun 2019083652.782.49$2,083
May 2019073658.482.74$2,017
Apr 2019088462.632.75$2,432
Mar 2019079456.803.06$2,431
Feb 2019066850.852.79$1,865
Jan 2019085046.033.23$2,744
Dec 2018080246.594.19$3,357
Nov 2018064352.934.24$2,725
Oct 2018073961.443.40$2,511
Sep 2018061459.543.11$1,908
Aug 2018080159.403.07$2,456
Jul 2018057065.142.93$1,671
Jun 2018059460.183.08$1,828
May 2018059465.382.90$1,723
Apr 2018055263.842.90$1,601
Mar 2018055261.222.79$1,538
Feb 2018051061.782.77$1,411
Jan 2018069462.874.01$2,782
Dec 2017066557.272.92$1,943
Nov 2017061555.423.12$1,918
Oct 2017070249.292.98$2,095
Sep 2017068547.523.09$2,115
Aug 2017073345.373.00$2,202
Jul 2017073243.873.09$2,260
Jun 2017049442.493.09$1,525
May 2017052645.373.26$1,717
Apr 2017057847.933.21$1,856
Mar 2017071146.772.98$2,121
Feb 2017080550.452.95$2,377
Jan 2017083949.413.42$2,868
Dec 2016076448.763.72$2,844
Nov 2016073342.492.64$1,938
Oct 2016063946.193.09$1,975
Sep 2016046141.553.10$1,429
Aug 2016069441.442.92$2,029
Jul 2016071341.622.92$2,085
Jun 2016052745.352.69$1,415
May 2016044942.521.99$894
Apr 2016043536.561.99$866
Mar 2016041133.011.79$737
Feb 2016056626.472.06$1,168
Jan 201601,24627.352.36$2,946
Dec 201501,24832.362.00$2,498
Nov 201501,20938.792.17$2,620
Oct 201561,31943.552.43$3,462
Sep 201501,22542.992.76$3,379
Aug 201501,25340.162.87$3,599
Jul 201501,33248.152.95$3,923
Jun 201501,22556.152.88$3,532
May 201501,23155.212.96$3,638
Apr 201501,17449.822.71$3,178
Mar 201501,17242.892.93$3,439
Feb 2015098644.662.98$2,935
Jan 201501,19543.433.10$3,705
Dec 201401,22954.693.59$4,414
Nov 201401,11770.464.25$4,749
Oct 2014053378.303.90$2,079
Sep 2014093486.164.05$3,778
Aug 201401,10289.394.04$4,447
Jul 201401,16496.564.18$4,865
Jun 201401,11898.164.74$5,296
May 201401,17594.734.73$5,554
Apr 201401,42795.944.81$6,863
Mar 201471,42995.895.06$7,897
Feb 201401,14997.406.19$7,115
Jan 201401,14490.404.86$5,561
Dec 201301,31991.824.35$5,744
Nov 201301,37188.853.74$5,125
Oct 201301,50497.423.78$5,684
Sep 201301,568104.113.72$5,829
Aug 2013141,547104.253.52$6,909
Jul 201301,582102.523.72$5,881
Jun 201301,51894.403.93$5,971
May 201301,40994.834.15$5,846
Apr 201301,35193.964.28$5,786
Mar 201301,38093.623.91$5,400
Feb 2013090291.233.42$3,085
Jan 201301,52891.603.42$5,226
Dec 201201,47886.773.42$5,055
Nov 201201,37486.953.62$4,981
Oct 201201,37689.383.40$4,678
Sep 201201,27894.672.92$3,730
Aug 201201,41892.662.91$4,124
Jul 201201,44285.133.02$4,356
Jun 201201,40179.822.52$3,529
May 201201,33391.612.49$3,317
Apr 201201,308101.652.00$2,612
Mar 201201,349105.052.22$2,998
Feb 201201,255101.102.57$3,226
Jan 201201,28598.092.73$3,513
Dec 201101,29696.873.24$4,199
Nov 201101,44395.723.31$4,778
Oct 201101,49384.983.65$5,447
Sep 201101,52783.623.99$6,086
Aug 201101,62983.404.15$6,759
Jul 201101,61394.144.52$7,286
Jun 201101,61492.904.64$7,489
May 201101,62198.134.40$7,140
Apr 2011231,647105.964.33$9,574
Mar 201101,74996.364.06$7,096
Feb 201101,50185.644.18$6,274
Jan 201101,71786.504.59$7,879
Dec 201001,75585.734.35$7,630
Nov 201001,71980.843.80$6,524
Oct 201001,85078.103.51$6,491
Sep 201001,83472.633.98$7,298
Aug 201001,79573.684.42$7,933
Jul 201001,86172.554.74$8,815
Jun 2010251,92470.364.91$11,207
May 201001,96371.124.24$8,314
Apr 201001,93381.694.12$7,969
Mar 201002,01378.394.39$8,834
Feb 201001,81473.585.44$9,872
Jan 201002,16074.365.96$12,882
Dec 2009252,11871.445.48$13,401
Nov 200902,25174.593.75$8,445
Oct 200902,28772.544.11$9,400
Sep 200902,42265.543.06$7,423
Aug 2009232,70867.423.22$10,266
Jul 200902,84661.133.46$9,860
Jun 200902,82066.163.90$10,984
May 2009243,10754.743.93$13,511
Apr 200903,21746.773.59$11,541
Mar 2009233,55342.144.06$15,391
Feb 200903,57432.814.63$16,558
Jan 2009244,47435.865.37$24,890
Dec 2008495,19737.105.98$32,881
Nov 2008106,46455.496.86$44,900
Oct 2008297,21075.246.92$52,089

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                  500 Mcf  × $  3.05 =     $1,523

────────────────────────────────────────────────────
Month total                                   $1,523

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/243073 is the state's own key, not one this site invented.