KRAUSE GU1

Operated by REPSOL OIL & GAS USA, LLC (P-5 703462) in the SUGARKANE (EAGLE FORD) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 284996District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$15.2 M
Sep 2017 – May 2026
Value, last 12 filed months
$169
at the published price for each month
Months reported
105
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 1,993 leases and 2,259 wells, and the rule below applies to all of them.

Discovered
2009-12-01
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 80 acres. The field rule took effect on 2017-10-10.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: GAS WELLS

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
NGPA1none
ST-1112019-12-25225615

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
CondensateDisposition133,307 bbl$7,880,823
GasProduction2,220,271 Mcf$7,301,851
Total$15,182,674

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 28.7164, -98.0133. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.71644, -98.01332 · 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
12,570 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 12,570 ft.

Completions filed
Sep 2017
1 of 1 wells

1 well

42-25535433A 4H12,570 ftSep 2017

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 (105)

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

105 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260389.753.15$9
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 202505363.933.01$160
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 202505774.324.28$244
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 202401471.372.28$32
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 202446078.812.20$3,625
Apr 20242104,34384.451.66$24,940
Mar 20244017,25880.301.55$43,415
Feb 20242936,38876.091.78$33,688
Jan 20243396,76273.023.30$47,053
Dec 20233646,28871.262.61$42,355
Nov 20234846,85877.892.81$56,953
Oct 20234457,34085.443.09$60,681
Sep 20232876,79289.042.74$44,131
Aug 20233257,56980.522.67$46,400
Jul 20234248,08874.852.64$53,103
Jun 20234829,10568.962.26$53,802
May 20237379,63970.622.23$73,517
Apr 202361810,01978.122.24$70,698
Mar 202365210,21672.852.39$71,947
Feb 20236149,15775.112.47$68,696
Jan 20236139,50676.533.39$79,117
Dec 20226969,71776.415.73$108,851
Nov 202262311,67085.005.65$118,846
Oct 202270011,54887.185.86$128,741
Sep 202263011,74484.888.16$149,349
Aug 202268912,80894.529.13$182,025
Jul 202284812,883101.587.54$183,304
Jun 202295715,456115.097.98$233,437
May 20221,08020,100109.378.43$287,624
Apr 202291114,384104.226.84$193,296
Mar 202294214,610108.885.08$176,731
Feb 202270413,10691.054.86$127,779
Jan 202293114,34281.844.54$141,272
Dec 20211,03316,88171.323.90$139,495
Nov 20211,33115,73577.435.24$185,461
Oct 202191117,34179.795.71$171,773
Sep 20211,01116,27669.865.35$157,720
Aug 20211,11017,91666.024.22$148,898
Jul 20211,08017,25070.783.98$145,133
Jun 20211,13517,46269.493.38$137,904
May 20211,13317,97463.483.02$126,162
Apr 20211,20518,26160.362.76$123,105
Mar 20211,53621,83661.302.72$153,484
Feb 202190315,43957.805.55$137,848
Jan 20211,30719,50950.412.81$120,711
Dec 20201,29819,55044.642.68$110,248
Nov 20201,59220,94238.772.71$118,403
Oct 20201,55122,37036.972.48$112,783
Sep 20201,49422,95437.091.99$101,115
Aug 20201,62524,53739.982.39$123,491
Jul 20201,42424,74238.371.83$99,796
Jun 20201,23522,06434.901.69$80,397
May 20201,47122,22816.921.81$65,228
Apr 20201,37620,59314.751.80$57,454
Mar 20201,23219,83730.341.86$74,201
Feb 202097215,88949.881.98$79,954
Jan 20201,24020,15257.252.09$113,203
Dec 20191,42426,23059.012.30$144,474
Nov 20191,00421,06455.302.75$113,462
Oct 20194285,70253.472.42$36,676
Sep 20191,09321,40955.052.66$117,059
Aug 20191,04824,66053.112.30$112,485
Jul 2019851,65356.272.46$8,849
Jun 20194986,60452.782.49$42,736
May 20191,49428,84358.482.74$166,408
Apr 20191,48027,37962.632.75$168,004
Mar 20191,70633,98756.803.06$200,972
Feb 20191,72133,74950.852.79$181,747
Jan 20192,27741,45446.033.23$238,631
Dec 20182,27139,82246.594.19$272,478
Nov 20182,08440,94952.934.24$283,817
Oct 20182,08443,47161.443.40$275,759
Sep 20182,55441,76759.543.11$281,877
Aug 20182,39744,57259.403.07$279,065
Jul 20183,07150,78465.142.93$348,938
Jun 20182,82848,06460.183.08$318,078
May 20183,36456,10365.382.90$382,682
Apr 20183,95965,48263.842.90$442,693
Mar 20184,49075,53361.222.79$485,376
Feb 20184,69778,23761.782.77$506,594
Jan 20186,46295,54862.874.01$789,348
Dec 20177,106119,67557.272.92$756,594
Nov 20177,845134,39555.423.12$853,862
Oct 201710,699175,02849.292.98$1,049,581
Sep 20175,88882,54647.523.09$534,640

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.

Mar 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 89.75 =         $0
Gas                    3 Mcf  × $  3.15 =         $9

────────────────────────────────────────────────────
Month total                                       $9

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/284996 is the state's own key, not one this site invented.