KRAUSE, ESTHER

Operated by MAGNOLIA OIL & GAS OPERATING LLC (P-5 521544) in the GIDDINGS (AUSTIN CHALK-3) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 203908District 03Field 347335002 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.4 M
May 2004 – May 2026
Value, last 12 filed months
$8 k
at the published price for each month
Months reported
265
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 5,900 leases and 6,985 wells, and the rule below applies to all of them.

Discovered
1960-10-29
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 2025-09-30.

The Commission's schedule remark for this field reads: DKT OG-25-00028011: UFT FIELD, ALLOCATION FORMULA 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 Gas112006-03-09166978
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
CondensateDisposition14,244 bbl$755,996
GasProduction750,647 Mcf$4,610,972
Total$5,366,968

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 30.0635, -96.6652. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.06348, -96.66523 · 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
12,337 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 12,337 ft.

Completions filed
May 2004
1 of 1 wells

1 well

42-14933136112,337 ftMay 2004

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 (265)

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

265 months

May 202600106.413.05$0
Apr 2026038298.932.87$1,096
Mar 20260089.753.15$0
Feb 2026041963.503.75$1,571
Jan 20260059.138.00$0
Dec 2025034056.664.41$1,501
Nov 2025018658.593.93$730
Oct 20250059.383.30$0
Sep 2025043362.743.08$1,332
Aug 20250063.933.01$0
Jul 2025046966.743.32$1,555
Jun 20251066.483.13$66
May 2025039860.553.23$1,286
Apr 20250062.363.54$0
Mar 20259835667.704.27$8,154
Feb 202501170.884.34$48
Jan 202506574.324.28$278
Dec 20240068.993.12$0
Nov 2024076269.052.20$1,675
Oct 202401,27371.372.28$2,904
Sep 202405969.612.36$140
Aug 202405675.632.06$116
Jul 202406279.932.15$133
Jun 2024017978.082.63$471
May 2024021678.812.20$475
Apr 2024023284.451.66$385
Mar 2024112580.301.55$273
Feb 2024024376.091.78$433
Jan 2024033373.023.30$1,098
Dec 2023136771.262.61$1,029
Nov 2023033477.892.81$938
Oct 2023027585.443.09$849
Sep 2023033289.042.74$908
Aug 2023025580.522.67$682
Jul 2023014374.852.64$378
Jun 202315668.962.26$195
May 202306070.622.23$134
Apr 202306378.122.24$141
Mar 20234812272.852.39$3,789
Feb 2023017675.112.47$434
Jan 2023052376.533.39$1,772
Dec 2022067576.415.73$3,867
Nov 2022086385.005.65$4,873
Oct 2022068287.185.86$3,999
Sep 2022391484.888.16$7,716
Aug 2022299194.529.13$9,234
Jul 20222977101.587.54$7,572
Jun 20225701115.097.98$6,167
May 20221861,001109.378.43$28,784
Apr 202211,169104.226.84$8,097
Mar 202221,010108.885.08$5,345
Feb 202232,45091.054.86$12,177
Jan 20221922,67181.844.54$27,833
Dec 202109671.323.90$374
Nov 2021017677.435.24$922
Oct 2021021779.795.71$1,240
Sep 2021034069.865.35$1,819
Aug 2021053466.024.22$2,254
Jul 2021095070.783.98$3,783
Jun 2021097169.493.38$3,283
May 202101,08963.483.02$3,286
Apr 202101,13260.362.76$3,123
Mar 202101,29461.302.72$3,516
Feb 202101,28157.805.55$7,107
Jan 202101,58250.412.81$4,446
Dec 202001,61544.642.68$4,321
Nov 202001,60238.772.71$4,336
Oct 202001,73436.972.48$4,298
Sep 202001,73437.091.99$3,452
Aug 202001,82939.982.39$4,362
Jul 202001,93638.371.83$3,533
Jun 202011,98134.901.69$3,383
May 202002,24616.921.81$4,076
Apr 202002,41814.751.80$4,363
Mar 202003,06430.341.86$5,687
Feb 202003,02549.881.98$5,992
Jan 202003,37757.252.09$7,074
Dec 201903,58559.012.30$8,261
Nov 201903,58255.302.75$9,853
Oct 20191623,74253.472.42$17,712
Sep 201903,13755.052.66$8,336
Aug 201923,62953.112.30$8,469
Jul 201903,48456.272.46$8,571
Jun 201903,08352.782.49$7,680
May 201903,04958.482.74$8,355
Apr 201902,83162.632.75$7,787
Mar 201902,41156.803.06$7,383
Feb 201901,13450.852.79$3,166
Jan 20191801,76346.033.23$13,977
Dec 2018099246.594.19$4,152
Nov 2018099152.934.24$4,199
Oct 2018098661.443.40$3,351
Sep 201801,07959.543.11$3,354
Aug 201811,26559.403.07$3,939
Jul 201801,46865.142.93$4,304
Jun 201801,37960.183.08$4,243
May 201801,23765.382.90$3,588
Apr 201801,38463.842.90$4,015
Mar 201801,07461.222.79$2,993
Feb 2018043961.782.77$1,214
Jan 2018043162.874.01$1,728
Dec 2017041957.272.92$1,224
Nov 2017028855.423.12$898
Oct 2017027649.292.98$824
Sep 2017027447.523.09$846
Aug 2017028145.373.00$844
Jul 2017027443.873.09$846
Jun 2017028242.493.09$871
May 2017029645.373.26$966
Apr 201719128447.933.21$10,067
Mar 2017030446.772.98$907
Feb 2017026150.452.95$771
Jan 2017028249.413.42$964
Dec 2016028948.763.72$1,076
Nov 2016029142.492.64$770
Oct 2016031346.193.09$967
Sep 2016031441.553.10$974
Aug 2016031241.442.92$912
Jul 2016032641.622.92$953
Jun 2016032545.352.69$873
May 2016033742.521.99$671
Apr 2016033436.561.99$665
Mar 2016035133.011.79$630
Feb 2016033126.472.06$683
Jan 2016037627.352.36$889
Dec 2015037732.362.00$755
Nov 2015037638.792.17$815
Oct 2015040843.552.43$990
Sep 2015040542.992.76$1,117
Aug 2015042140.162.87$1,209
Jul 2015040848.152.95$1,202
Jun 2015042256.152.88$1,217
May 2015048555.212.96$1,433
Apr 2015047849.822.71$1,294
Mar 2015054042.892.93$1,585
Feb 2015051444.662.98$1,530
Jan 2015064243.433.10$1,991
Dec 2014078054.693.59$2,801
Nov 201409970.464.25$421
Oct 2014043278.303.90$1,685
Sep 2014045786.164.05$1,849
Aug 2014049089.394.04$1,977
Jul 201417748396.564.18$19,110
Jun 2014047498.164.74$2,245
May 2014050794.734.73$2,396
Apr 2014049095.944.81$2,356
Mar 2014048595.895.06$2,453
Feb 2014042497.406.19$2,625
Jan 2014047590.404.86$2,309
Dec 2013047391.824.35$2,060
Nov 2013042688.853.74$1,593
Oct 2013044397.423.78$1,674
Sep 20130392104.113.72$1,457
Aug 20130514104.253.52$1,811
Jul 20130550102.523.72$2,045
Jun 2013052994.403.93$2,081
May 2013052994.834.15$2,195
Apr 2013058393.964.28$2,497
Mar 2013060093.623.91$2,348
Feb 2013053791.233.42$1,836
Jan 2013063691.603.42$2,175
Dec 2012064886.773.42$2,216
Nov 201217662086.953.62$17,551
Oct 2012065289.383.40$2,217
Sep 2012062794.672.92$1,830
Aug 2012067492.662.91$1,960
Jul 2012067885.133.02$2,048
Jun 2012069079.822.52$1,738
May 2012071291.612.49$1,772
Apr 20120704101.652.00$1,406
Mar 20120716105.052.22$1,591
Feb 20120693101.102.57$1,781
Jan 2012077798.092.73$2,124
Dec 2011083096.873.24$2,689
Nov 2011085395.723.31$2,825
Oct 2011088584.983.65$3,229
Sep 2011086383.623.99$3,440
Aug 2011088783.404.15$3,680
Jul 201118195194.144.52$21,335
Jun 2011090392.904.64$4,190
May 2011092198.134.40$4,057
Apr 20110915105.964.33$3,965
Mar 2011091396.364.06$3,704
Feb 2011086585.644.18$3,616
Jan 2011098186.504.59$4,502
Dec 201001,00085.734.35$4,348
Nov 2010097380.843.80$3,693
Oct 20101931,01378.103.51$18,628
Sep 201001,01272.633.98$4,027
Aug 201001,07973.684.42$4,768
Jul 201001,14172.554.74$5,404
Jun 201001,12470.364.91$5,519
May 201001,17171.124.24$4,959
Apr 201001,09581.694.12$4,514
Mar 201001,17278.394.39$5,144
Feb 201001,09273.585.44$5,943
Jan 20101971,25174.365.96$22,110
Dec 200901,23471.445.48$6,767
Nov 200901,24374.593.75$4,663
Oct 200901,30172.544.11$5,347
Sep 200901,31965.543.06$4,042
Aug 200901,39467.423.22$4,487
Jul 200901,42361.133.46$4,930
Jun 200901,40366.163.90$5,465
May 200901,45754.743.93$5,720
Apr 20091921,42546.773.59$14,092
Mar 200901,54342.144.06$6,263
Feb 200901,36632.814.63$6,329
Jan 200901,61035.865.37$8,647
Dec 200801,66337.105.98$9,940
Nov 20081951,70055.496.86$22,483
Oct 200801,95475.246.92$13,526
Sep 200801,601101.767.88$12,611
Aug 200801,792114.228.48$15,202
Jul 200801,874131.0811.39$21,344
Jun 20081921,904131.3313.03$50,029
May 200802,057123.1711.57$23,808
Apr 200802,017110.3110.45$21,087
Mar 200802,126101.909.66$20,546
Feb 200802,16292.538.77$18,962
Jan 20081972,46790.388.21$38,048
Dec 200702,54388.337.30$18,569
Nov 200702,66691.677.29$19,440
Oct 20071953,20682.856.92$38,348
Sep 200703,31475.846.24$20,693
Aug 200703,61869.066.39$23,112
Jul 20071834,03970.906.39$38,776
Jun 200754,57162.007.55$34,814
May 20071984,66858.747.85$48,257
Apr 200731,59559.617.81$12,628
Mar 200703,44556.927.30$25,155
Feb 20072013,32355.108.22$38,377
Jan 200713,64550.306.73$24,570
Dec 200603,93056.656.92$27,189
Nov 20061914,32254.207.62$43,275
Oct 200614,42754.906.01$26,678
Sep 20061914,81960.085.04$35,750
Aug 20061915,15268.717.34$50,939
Jul 200615,56569.376.34$35,367
Jun 20061945,65066.286.38$48,927
May 20061806,23566.016.42$51,942
Apr 20061856,77464.397.36$61,772
Mar 200677,79056.707.08$55,573
Feb 20061887,84157.597.75$71,603
Jan 20063629,78060.598.93$109,301
Dec 200518911,17454.9413.42$160,287
Nov 200538913,50654.6910.59$164,281
Oct 20051838,84658.3413.80$132,714
Sep 200512,22161.4512.08$26,889
Aug 20051416,21561.519.80$69,560
Jul 20051597,04055.697.84$64,074
Jun 20051767,53752.337.38$64,841
May 20051848,77745.226.65$66,698
Apr 20051839,43849.207.36$78,472
Mar 200519411,46550.377.15$91,802
Feb 200517810,80645.226.31$76,256
Jan 200536213,96843.166.32$103,932
Dec 200436516,34039.866.75$124,862
Nov 200432718,48445.286.33$131,818
Oct 200451723,25249.706.52$177,184
Sep 200453427,81643.245.28$170,067
Aug 200453037,09642.375.55$228,363
Jul 20041,05154,46938.286.08$371,631
Jun 20042,201100,99536.106.43$729,159
May 20041,12043,67737.486.49$325,641

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                  382 Mcf  × $  2.87 =     $1,096

────────────────────────────────────────────────────
Month total                                   $1,096

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. 03/G/203908 is the state's own key, not one this site invented.