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KRAUSE

Operated by PALEO OIL COMPANY LLC (P-5 635131) in the YOUGEEN (HOCKLEY 4500) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 272581District 02Field 99446100CondensateGasSaveExport
Value, all time
$566 k
Feb 2014 – May 2026
Value, last 12 filed months
$31 k
at the published price for each month
Months reported
148
no gaps in the span
Streams
2
condensate, gas

The YOUGEEN (HOCKLEY 4500) field

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 33 leases and 37 wells, and the rule below applies to all of them.

Discovered
1975-02-20
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2014-03-25.

The Commission's schedule remark for this field reads: “ALLOCATION FORMULA. CERTIFIED PRORATION PLATS REQUIRED.”

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
CondensateDisposition529 bbl$29,513
GasProduction148,316 Mcf$536,544
Total$566,058

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 28.3579, -97.7913. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.35788, -97.79129 · 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
4,960 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 4,960 ft.

Completions filed
Feb 2014
1 of 1 wells

1 well

42-0253366714,960 ftFeb 2014——

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 (148)

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

148 months

May 202600106.413.05$0
Apr 2026067598.932.87$1,937
Mar 2026065089.753.15$2,047
Feb 2026042763.503.75$1,601
Jan 2026053659.138.00$4,287
Dec 202501,13856.664.41$5,022
Nov 20250358.593.93$12
Oct 2025016459.383.30$542
Sep 202505262.743.08$160
Aug 202501,85063.933.01$5,577
Jul 202501,63166.743.32$5,407
Jun 202501,29166.483.13$4,039
May 20250060.553.23$0
Apr 202501,69862.363.54$6,016
Mar 202501,70667.704.27$7,282
Feb 2025068770.884.34$2,982
Jan 202501,57374.324.28$6,730
Dec 202402,51268.993.12$7,841
Nov 202402,54669.052.20$5,597
Oct 20240071.372.28$0
Sep 202402,60269.612.36$6,152
Aug 202405,90775.632.06$12,190
Jul 202406,25679.932.15$13,429
Jun 202407678.082.63$200
May 2024011478.812.20$251
Apr 20240284.451.66$3
Mar 202402780.301.55$42
Feb 20240276.091.78$4
Jan 202402773.023.30$89
Dec 202301471.262.61$37
Nov 202302477.892.81$67
Oct 202306285.443.09$191
Sep 2023010889.042.74$295
Aug 2023012480.522.67$331
Jul 202304774.852.64$124
Jun 2023038768.962.26$874
May 202308370.622.23$185
Apr 2023063078.122.24$1,410
Mar 2023023672.852.39$565
Feb 2023022775.112.47$560
Jan 202303,89876.533.39$13,205
Dec 202206,66076.415.73$38,156
Nov 202202,74885.005.65$15,516
Oct 202202,57287.185.86$15,082
Sep 2022085284.888.16$6,955
Aug 2022010794.529.13$977
Jul 20220830101.587.54$6,260
Jun 20220642115.097.98$5,121
May 20220377109.378.43$3,179
Apr 202201,059104.226.84$7,241
Mar 20220597108.885.08$3,031
Feb 2022011891.054.86$573
Jan 2022029181.844.54$1,320
Dec 2021049471.323.90$1,926
Nov 20210077.435.24$0
Oct 2021026079.795.71$1,486
Sep 2021092769.865.35$4,960
Aug 2021055766.024.22$2,351
Jul 202101,26570.783.98$5,037
Jun 2021021469.493.38$723
May 2021090663.483.02$2,734
Apr 2021096660.362.76$2,665
Mar 2021079261.302.72$2,152
Feb 202101,42057.805.55$7,878
Jan 202101,43550.412.81$4,033
Dec 202001,00844.642.68$2,697
Nov 2020095638.772.71$2,587
Oct 202001,21136.972.48$3,001
Sep 202001,03137.091.99$2,053
Aug 202001,71339.982.39$4,086
Jul 2020090838.371.83$1,657
Jun 2020085434.901.69$1,444
May 2020086816.921.81$1,575
Apr 2020084114.751.80$1,517
Mar 2020090030.341.86$1,671
Feb 2020082449.881.98$1,632
Jan 202001,53457.252.09$3,213
Dec 201901,29959.012.30$2,993
Nov 201901,06455.302.75$2,927
Oct 201901,55453.472.42$3,758
Sep 201914645355.052.66$9,241
Aug 2019025053.112.30$576
Jul 20190056.272.46$0
Jun 2019045852.782.49$1,141
May 2019024058.482.74$658
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 2018054046.594.19$2,260
Nov 20180052.934.24$0
Oct 2018051761.443.40$1,757
Sep 20180059.543.11$0
Aug 2018062159.403.07$1,904
Jul 2018097165.142.93$2,847
Jun 201801,12660.183.08$3,465
May 2018058765.382.90$1,703
Apr 2018028863.842.90$835
Mar 2018041861.222.79$1,165
Feb 2018059361.782.77$1,640
Jan 2018034562.874.01$1,383
Dec 2017010457.272.92$304
Nov 2017067855.423.12$2,114
Oct 2017052949.292.98$1,578
Sep 2017061047.523.09$1,883
Aug 2017077045.373.00$2,313
Jul 2017046943.873.09$1,448
Jun 2017051442.493.09$1,587
May 201701,08645.373.26$3,544
Apr 2017090447.933.21$2,903
Mar 2017078746.772.98$2,348
Feb 201701,17750.452.95$3,475
Jan 2017093449.413.42$3,193
Dec 2016055648.763.72$2,070
Nov 201601,92342.492.64$5,085
Oct 201601,75346.193.09$5,417
Sep 201601,88841.553.10$5,854
Aug 201601,29241.442.92$3,778
Jul 201602,26741.622.92$6,629
Jun 201602,18545.352.69$5,869
May 201601,41342.521.99$2,813
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 201502338.792.17$50
Oct 201501,12843.552.43$2,737
Sep 2015010442.992.76$287
Aug 20150040.162.87$0
Jul 201515972248.152.95$9,782
Jun 2015092756.152.88$2,672
May 201501455.212.96$41
Apr 201502,17449.822.71$5,884
Mar 201501,35342.892.93$3,971
Feb 201514051444.662.98$7,782
Jan 201501,02043.433.10$3,163
Dec 201401,43954.693.59$5,168
Nov 201401,85070.464.25$7,866
Oct 201402,43078.303.90$9,479
Sep 201401,85886.164.05$7,516
Aug 2014752,61789.394.04$17,264
Jul 201403,44096.564.18$14,378
Jun 201402,62598.164.74$12,434
May 201402,40994.734.73$11,386
Apr 2014977295.944.81$4,576
Mar 201403,85495.895.06$19,489
Feb 201405,15197.406.19$31,895

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.

Apr 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 98.93 =         $0
Gas                  675 Mcf  × $  2.87 =     $1,937

────────────────────────────────────────────────────
Month total                                   $1,937

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. 02/G/272581 is the state's own key, not one this site invented.