KRAATZ, ERWIN

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.

Oil lease lease 20943District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$4.6 M
Jan 1993 – May 2026
Value, last 12 filed months
$63 k
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
oil, casinghead 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

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
OilDisposition125,099 bbl$3,533,472
Casinghead gasProduction570,441 Mcf$1,113,750
Total$4,647,223

285,390 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (2)

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 30.0177, -96.9690. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.9 miles.

30.01769, -96.96894 · 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
50.0%
1 of 2 wells
With a plug date
50.0%
1 of 2 wells
Median depth
11,443 ft
2 wells filed one
Completion to plug
27.2 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
150.0%
A plug date is filed
150.0%
BothOn the schedule and plugged. Neither fact cancels the other.
150.0%
NeitherNo plug date, and not on the schedule.
150.0%

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

Between 11,400 and 11,485 ft, median 11,443 ft, over the 2 wells that filed a depth.

Completions filed
Jan 1991 – Sep 1991
2 of 2 wells
Plug dates filed
Nov 2018
1 of 2 wells; 1 filed none

Last completion to plug: a median of 27.2 years across the 1 well that filed both dates, with the middle half between 27.2 years and 27.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-14932482211,485 ftSep 1991Nov 2018Yes
42-14932423111,400 ftJan 1991

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 (401)

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

401 months

May 2026090106.413.05$274
Apr 202618811598.932.87$18,929
Mar 2026126389.753.15$918
Feb 2026023763.503.75$889
Jan 2026027159.138.00$2,167
Dec 202518127856.664.41$11,482
Nov 2025225658.593.93$1,122
Oct 2025028859.383.30$952
Sep 202517525562.743.08$11,764
Aug 2025027963.933.01$841
Jul 2025133566.743.32$1,177
Jun 202518223266.483.13$12,825
May 2025130160.553.23$1,033
Apr 2025027662.363.54$978
Mar 202518733067.704.27$14,068
Feb 2025145270.884.34$2,033
Jan 20250074.324.28$0
Dec 2024014568.993.12$453
Nov 202417522669.052.20$12,581
Oct 2024030471.372.28$694
Sep 2024035169.612.36$830
Aug 202418822775.632.06$14,687
Jul 2024110979.932.15$314
Jun 202418731378.082.63$15,425
May 2024040178.812.20$882
Apr 202406684.451.66$110
Mar 2024032480.301.55$501
Feb 2024031976.091.78$569
Jan 202416530473.023.30$13,051
Dec 2023030171.262.61$786
Nov 2023027077.892.81$758
Oct 202318631985.443.09$16,877
Sep 2023030289.042.74$826
Aug 2023031180.522.67$831
Jul 2023031274.852.64$824
Jun 202318530368.962.26$13,442
May 2023030870.622.23$686
Apr 202318830978.122.24$15,378
Mar 2023032572.852.39$778
Feb 2023030975.112.47$762
Jan 202318435076.533.39$15,267
Dec 2022028576.415.73$1,633
Nov 2022035285.005.65$1,987
Oct 202218136787.185.86$17,932
Sep 2022130284.888.16$2,550
Aug 2022035294.529.13$3,213
Jul 2022193415101.587.54$22,735
Jun 20221426115.097.98$3,513
May 2022192538109.378.43$25,536
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 202119037071.323.90$14,993
Nov 2021037077.435.24$1,938
Oct 2021050579.795.71$2,886
Sep 202118516869.865.35$13,823
Aug 2021037566.024.22$1,583
Jul 2021035670.783.98$1,418
Jun 202118342869.493.38$14,164
May 2021045363.483.02$1,367
Apr 202119419260.362.76$12,239
Mar 2021042061.302.72$1,141
Feb 202101257.805.55$67
Jan 202109150.412.81$256
Dec 202015917944.642.68$7,577
Nov 2020011338.772.71$306
Oct 202018010336.972.48$6,910
Sep 202007537.091.99$149
Aug 20201847539.982.39$7,535
Jul 2020010338.371.83$188
Jun 2020011634.901.69$196
May 20204119416.921.81$1,046
Apr 202016437214.751.80$3,090
Mar 2020039630.341.86$735
Feb 2020015749.881.98$311
Jan 202017822657.252.09$10,664
Dec 2019037159.012.30$855
Nov 201915540055.302.75$9,672
Oct 2019036253.472.42$876
Sep 2019039955.052.66$1,060
Aug 201916543453.112.30$9,763
Jul 201918247456.272.46$11,407
Jun 2019014352.782.49$356
May 2019013858.482.74$378
Apr 2019036962.632.75$1,015
Mar 201917339556.803.06$11,036
Feb 2019037550.852.79$1,047
Jan 201918136446.033.23$9,506
Dec 2018045946.594.19$1,921
Nov 2018041252.934.24$1,746
Oct 201817940461.443.40$12,371
Sep 2018041559.543.11$1,290
Aug 201817641359.403.07$11,721
Jul 2018038965.142.93$1,141
Jun 201816941560.183.08$11,447
May 2018043265.382.90$1,253
Apr 201819241863.842.90$13,470
Mar 2018044161.222.79$1,229
Feb 2018038261.782.77$1,057
Jan 201819642262.874.01$14,014
Dec 2017043857.272.92$1,280
Nov 2017037455.423.12$1,166
Oct 201718750549.292.98$10,724
Sep 2017045147.523.09$1,392
Aug 2017032245.373.00$967
Jul 201718426443.873.09$8,887
Jun 2017042442.493.09$1,309
May 2017047845.373.26$1,560
Apr 201719544547.933.21$10,776
Mar 201719352246.772.98$10,584
Feb 2017039150.452.95$1,154
Jan 201717549849.413.42$10,349
Dec 2016041348.763.72$1,538
Nov 2016044042.492.64$1,164
Oct 201619144646.193.09$10,201
Sep 2016050241.553.10$1,557
Aug 201619340941.442.92$9,194
Jul 2016053941.622.92$1,576
Jun 201617644345.352.69$9,171
May 2016048642.521.99$968
Apr 2016047736.561.99$950
Mar 201619250333.011.79$7,240
Feb 2016044426.472.06$916
Jan 201619645827.352.36$6,443
Dec 2015048832.362.00$977
Nov 201519445738.792.17$8,516
Oct 2015049643.552.43$1,204
Sep 2015049142.992.76$1,354
Aug 201517932640.162.87$8,125
Jul 2015046548.152.95$1,369
Jun 201518552056.152.88$11,887
May 2015056855.212.96$1,679
Apr 201518946749.822.71$10,680
Mar 2015031442.892.93$922
Feb 201518430644.662.98$9,128
Jan 2015042843.433.10$1,327
Dec 201418952254.693.59$12,211
Nov 2014052170.464.25$2,215
Oct 201418950478.303.90$16,765
Sep 2014054486.164.05$2,201
Aug 2014052489.394.04$2,114
Jul 201419051996.564.18$20,516
Jun 2014051198.164.74$2,421
May 201418859594.734.73$20,622
Apr 2014051495.944.81$2,472
Mar 201419654795.895.06$21,561
Feb 2014051097.406.19$3,158
Jan 201419056890.404.86$19,937
Dec 2013059391.824.35$2,582
Nov 201318653188.853.74$18,511
Oct 2013059697.423.78$2,253
Sep 2013185532104.113.72$21,238
Aug 20130549104.253.52$1,934
Jul 2013184575102.523.72$21,001
Jun 2013065594.403.93$2,576
May 201319071294.834.15$20,972
Apr 2013033693.964.28$1,439
Mar 201318657793.623.91$19,671
Feb 2013055691.233.42$1,901
Jan 201318156291.603.42$18,502
Dec 2012048786.773.42$1,666
Nov 201219050086.953.62$18,333
Oct 2012049489.383.40$1,679
Sep 201218947394.672.92$19,273
Aug 2012058292.662.91$1,693
Jul 201218561485.133.02$17,604
Jun 2012063179.822.52$1,590
May 201218167191.612.49$18,251
Apr 2012189659101.652.00$20,528
Mar 20120522105.052.22$1,160
Feb 2012193569101.102.57$20,975
Jan 2012056698.092.73$1,547
Dec 201118758696.873.24$20,013
Nov 2011059795.723.31$1,977
Oct 201119261284.983.65$18,549
Sep 2011059483.623.99$2,368
Aug 201119259983.404.15$18,498
Jul 201119365294.144.52$21,114
Jun 2011063292.904.64$2,932
May 201119368198.134.40$21,939
Apr 20110677105.964.33$2,934
Mar 201118376396.364.06$20,730
Feb 201119064985.644.18$18,984
Jan 2011076686.504.59$3,515
Dec 201019571385.734.35$19,817
Nov 2010070780.843.80$2,683
Oct 201019070478.103.51$17,309
Sep 201019070072.633.98$16,585
Aug 2010075373.684.42$3,328
Jul 201019147472.554.74$16,102
Jun 2010055170.364.91$2,706
May 201018965771.124.24$16,224
Apr 201019552581.694.12$18,094
Mar 2010057578.394.39$2,523
Feb 201019652773.585.44$17,290
Jan 201019258974.365.96$17,790
Dec 2009063271.445.48$3,466
Nov 200918953174.593.75$16,090
Oct 2009063372.544.11$2,602
Sep 200918873265.543.06$14,565
Aug 200918876167.423.22$15,124
Jul 2009084561.133.46$2,928
Jun 200918682766.163.90$15,527
May 200919386554.743.93$13,961
Apr 200919685846.773.59$12,245
Mar 2009088142.144.06$3,576
Feb 200919492332.814.63$10,641
Jan 200919798835.865.37$12,371
Dec 20081961,03837.105.98$13,476
Nov 200801,01755.496.86$6,977
Oct 20081961,09675.246.92$22,334
Sep 20081931,057101.767.88$27,966
Aug 2008197913114.228.48$30,246
Jul 200801,092131.0811.39$12,437
Jun 20081941,016131.3313.03$38,719
May 20081941,173123.1711.57$37,472
Apr 2008196897110.3110.45$30,999
Mar 20081961,083101.909.66$30,439
Feb 20081941,03092.538.77$26,985
Jan 20081941,04990.388.21$26,142
Dec 20071961,25288.337.30$26,455
Nov 20071941,23391.677.29$26,775
Oct 20071931,42382.856.92$25,840
Sep 20071921,28675.846.24$22,591
Aug 200738662269.066.39$30,630
Jul 2007121570.906.39$1,444
Jun 200719533962.007.55$14,649
May 200719030858.747.85$13,577
Apr 200719437359.617.81$14,476
Mar 2007141756.927.30$3,102
Feb 200719929855.108.22$13,413
Jan 200718536750.306.73$11,774
Dec 2006134456.656.92$2,437
Nov 200618532554.207.62$12,503
Oct 200619035354.906.01$12,554
Sep 200618530860.085.04$12,666
Aug 2006137068.717.34$2,784
Jul 200618546769.376.34$15,796
Jun 200618637866.286.38$14,741
May 2006187466.016.42$5,681
Apr 200618588864.397.36$18,448
Mar 200618396056.707.08$17,176
Feb 2006184857.597.75$6,631
Jan 200617582560.598.93$17,973
Dec 200517972954.9413.42$19,614
Nov 200518138754.6910.59$13,997
Oct 200517247458.3413.80$16,574
Sep 200517843461.4512.08$16,180
Aug 200516743761.519.80$14,553
Jul 2005044055.697.84$3,451
Jun 200516542552.337.38$11,771
May 200518358245.226.65$12,146
Apr 200517360149.207.36$12,935
Mar 200518447850.377.15$12,688
Feb 200515049045.226.31$9,876
Jan 200517046343.166.32$10,264
Dec 200416943339.866.75$9,660
Nov 200416646345.286.33$10,447
Oct 200417149349.706.52$11,711
Sep 200417760343.245.28$10,840
Aug 200417287342.375.55$12,133
Jul 20041492,14838.286.08$18,773
Jun 200416562036.106.43$9,945
May 200418147937.486.49$9,895
Apr 200416573934.475.86$10,017
Mar 200418658034.365.53$9,598
Feb 200418263532.455.51$9,405
Jan 200418588932.036.30$11,526
Dec 200317893530.266.30$11,278
Nov 200317854328.804.60$7,622
Oct 200318384428.174.76$9,172
Sep 200337374326.314.75$13,342
Aug 200318573529.765.13$9,276
Jul 200318777729.415.17$9,517
Jun 200337498628.565.98$16,581
May 2003080426.595.97$4,802
Apr 200336660626.675.41$13,038
Mar 20031811,36431.146.10$13,951
Feb 20031801,13833.487.93$15,046
Jan 200317299430.315.58$10,762
Dec 20023561,38726.914.85$16,312
Nov 200201,20024.664.14$4,964
Oct 200234382926.464.23$12,582
Sep 20021771,00627.443.64$8,514
Aug 20021841,00625.963.16$7,960
Jul 20023561,39224.583.06$13,012
Jun 20021821,08523.733.34$7,941
May 20023591,27224.663.58$13,412
Apr 2002181023.653.51$4,281
Mar 200218379522.003.10$6,493
Feb 20023651,23018.222.38$9,572
Jan 20021801,40817.172.38$6,436
Dec 20013631,44216.932.36$9,555
Nov 20011791,42518.072.41$6,662
Oct 20013651,12219.782.53$10,057
Sep 20011781,49524.262.25$7,684
Aug 20013561,55424.873.05$13,598
Jul 20013541,84623.933.20$14,373
Jun 20011741,24524.563.82$9,035
May 20013671,12025.524.31$14,190
Apr 20011791,19124.685.34$10,772
Mar 20013601,77524.545.38$18,378
Feb 20015431,54627.755.77$23,984
Jan 200101,18327.478.40$9,936
Dec 200037088826.889.12$18,046
Nov 20003641,00732.215.66$17,422
Oct 200018396331.235.15$10,670
Sep 20003641,00331.875.19$16,803
Aug 20003621,03329.644.54$15,420
Jul 20003561,05128.534.09$14,455
Jun 20003491,06429.304.40$14,904
May 20003631,07027.263.68$13,833
Apr 20001811,14424.513.12$8,001
Mar 20005601,45228.422.86$20,068
Feb 200018384427.622.73$7,356
Jan 200036695625.272.48$11,620
Dec 19995422,22524.282.42$18,553
Nov 199918088823.192.43$6,336
Oct 19995392,01120.982.80$16,946
Sep 19993612,01321.752.62$13,124
Aug 19997101,96119.262.88$19,314
Jul 19993562,14417.892.37$11,455
Jun 19993571,15915.942.36$8,428
May 19997131,92215.792.32$15,719
Apr 19993542,26315.102.21$10,342
Mar 19993572,54212.471.84$9,125
Feb 19993632,4759.981.82$8,122
Jan 19995423,05310.381.90$11,427
Dec 19987363,2729.201.77$12,574
Nov 19985402,70910.892.19$11,802
Oct 19985362,45612.421.97$11,494
Sep 19983602,77612.592.08$10,314
Aug 19985402,54711.301.91$10,960
Jul 19987133,25011.742.24$15,642
Jun 19983562,82111.242.24$10,313
May 19988933,89012.622.21$19,852
Apr 19983482,97013.042.51$11,979
Mar 19983632,59912.802.31$10,649
Feb 19986952,85513.952.30$16,259
Jan 19983583,04814.702.15$11,830
Dec 19977204,08816.322.41$21,607
Nov 19977223,32518.193.09$23,402
Oct 19973572,98919.253.15$16,287
Sep 19977062,89217.742.95$21,070
Aug 19975393,11117.862.55$17,574
Jul 19975403,54117.582.25$17,450
Jun 19973653,44017.242.26$14,057
May 19977193,98318.972.31$22,834
Apr 19977263,39717.882.08$20,056
Mar 19975463,80018.951.94$17,715
Feb 19973682,89420.492.21$13,924
Jan 19977422,95923.483.54$27,896
Dec 19965393,01123.32$12,569
Nov 19967314,13721.97$16,060
Oct 19967324,22623.31$17,063
Sep 19967334,18822.22$16,287
Aug 19968955,20520.26$18,133
Jul 19967214,83419.55$14,096
Jun 19961,0734,29618.73$20,097
May 19963642,83919.43$7,073
Apr 19969044,32421.51$19,445
Mar 19961,0806,20419.38$20,930
Feb 19965491,14016.98$9,322
Jan 19967314,56817.07$12,478
Dec 19957434,46317.19$12,772
Nov 19957162,50316.00$11,456
Oct 19957203,93815.43$11,110
Sep 19955503,66616.18$8,899
Aug 19959204,47815.92$14,646
Jul 19951,0674,84015.24$16,261
Jun 19957174,91216.41$11,766
May 19951,0906,41517.56$19,140
Apr 19957044,31317.73$12,482
Mar 19959244,69516.44$15,191
Feb 19959334,65016.58$15,469
Jan 19951,2865,69915.92$20,473
Dec 19949123,93815.03$13,707
Nov 19941,0816,02315.90$17,188
Oct 19941,2716,41715.58$19,802
Sep 19941,2576,79315.29$19,220
Aug 19941,2596,63816.13$20,308
Jul 19941,0646,46717.56$18,684
Jun 19941,0855,62917.09$18,543
May 19941,4467,00615.88$22,962
Apr 19941,2527,29414.14$17,703
Mar 19941,7857,58612.46$22,241
Feb 19941,4407,92512.50$18,000
Jan 19941,8268,12712.66$23,117
Dec 19931,7989,23612.33$22,169
Nov 19931,8058,45014.49$26,154
Oct 19932,5079,36515.85$39,736
Sep 19931,4266,04415.03$21,433
Aug 19932,67510,57015.66$41,891
Jul 19931,7807,84915.46$27,519
Jun 19932,8579,09616.79$47,969
May 19932,5076,74317.68$44,324
Apr 19932,8697,99718.05$51,785
Mar 19933,0618,16618.14$55,527
Feb 19933,9819,12717.90$71,260
Jan 19934,5409,36016.93$76,862

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
Oil                    0 bbl  × $106.41 =         $0
Casinghead gas        90 Mcf  × $  3.05 =       $274

────────────────────────────────────────────────────
Month total                                     $274

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/O/20943 is the state's own key, not one this site invented.