KRAUSE, A.L. ESTATE

Name: KRAUSE, A.L. ESTATE lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by VIRTEX OPERATING COMPANY, INC. (P-5 886261) in the TOM WALSH (OLMOS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 98796District 04Field 90606600CondensateGasSave Export

Value, all time

$1.2 M

Jan 1993 – Aug 2020

Value, last 12 filed months

at the published price for each month

Months reported

332

no gaps in the span

Streams

condensate, gas

The TOM WALSH (OLMOS) 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 290 leases and 291 wells, and the rule below applies to all of them.

Discovered

1970-12-15

as the register files it

Field class

Oil and gas

the register's own label

Between wells

933 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 2001-01-09.

The Commission's schedule remark for this field reads: “SUSPENSION OF THE ALLOCATION IS STILL IN EFFECT.”

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.

Stream	Basis	Volume	Value
Condensate	Disposition	451 bbl	$18,025
Gas	Production	332,113 Mcf	$1,163,231
Total			$1,181,256

71,827 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.

Every month this lease reported (332)

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

332 months


Aug 2020	0	0	39.98	2.39	$0
Jul 2020	0	0	38.37	1.83	$0
Jun 2020	0	0	34.90	1.69	$0
May 2020	0	0	16.92	1.81	$0
Apr 2020	0	0	14.75	1.80	$0
Mar 2020	0	0	30.34	1.86	$0
Feb 2020	0	0	49.88	1.98	$0
Jan 2020	0	0	57.25	2.09	$0
Dec 2019	0	0	59.01	2.30	$0
Nov 2019	0	0	55.30	2.75	$0
Oct 2019	0	0	53.47	2.42	$0
Sep 2019	0	0	55.05	2.66	$0
Aug 2019	0	0	53.11	2.30	$0
Jul 2019	0	0	56.27	2.46	$0
Jun 2019	0	0	52.78	2.49	$0
May 2019	0	0	58.48	2.74	$0
Apr 2019	0	0	62.63	2.75	$0
Mar 2019	0	0	56.80	3.06	$0
Feb 2019	0	0	50.85	2.79	$0
Jan 2019	0	0	46.03	3.23	$0
Dec 2018	0	0	46.59	4.19	$0
Nov 2018	0	0	52.93	4.24	$0
Oct 2018	0	0	61.44	3.40	$0
Sep 2018	0	0	59.54	3.11	$0
Aug 2018	0	0	59.40	3.07	$0
Jul 2018	0	0	65.14	2.93	$0
Jun 2018	0	0	60.18	3.08	$0
May 2018	0	0	65.38	2.90	$0
Apr 2018	0	0	63.84	2.90	$0
Mar 2018	0	0	61.22	2.79	$0
Feb 2018	0	0	61.78	2.77	$0
Jan 2018	0	0	62.87	4.01	$0
Dec 2017	0	145	57.27	2.92	$424
Nov 2017	0	136	55.42	3.12	$424
Oct 2017	0	190	49.29	2.98	$567
Sep 2017	0	229	47.52	3.09	$707
Aug 2017	0	587	45.37	3.00	$1,764
Jul 2017	0	519	43.87	3.09	$1,602
Jun 2017	0	441	42.49	3.09	$1,361
May 2017	0	472	45.37	3.26	$1,540
Apr 2017	0	356	47.93	3.21	$1,143
Mar 2017	0	476	46.77	2.98	$1,420
Feb 2017	0	647	50.45	2.95	$1,910
Jan 2017	0	700	49.41	3.42	$2,393
Dec 2016	0	656	48.76	3.72	$2,442
Nov 2016	0	637	42.49	2.64	$1,684
Oct 2016	0	868	46.19	3.09	$2,682
Sep 2016	0	754	41.55	3.10	$2,338
Aug 2016	0	926	41.44	2.92	$2,708
Jul 2016	0	941	41.62	2.92	$2,752
Jun 2016	0	995	45.35	2.69	$2,672
May 2016	0	963	42.52	1.99	$1,917
Apr 2016	0	911	36.56	1.99	$1,814
Mar 2016	0	847	33.01	1.79	$1,520
Feb 2016	0	776	26.47	2.06	$1,601
Jan 2016	0	1,074	27.35	2.36	$2,539
Dec 2015	0	1,132	32.36	2.00	$2,266
Nov 2015	0	989	38.79	2.17	$2,143
Oct 2015	2	1,144	43.55	2.43	$2,863
Sep 2015	0	1,111	42.99	2.76	$3,065
Aug 2015	0	1,094	40.16	2.87	$3,143
Jul 2015	0	1,098	48.15	2.95	$3,234
Jun 2015	0	1,009	56.15	2.88	$2,909
May 2015	0	1,051	55.21	2.96	$3,106
Apr 2015	0	969	49.82	2.71	$2,623
Mar 2015	0	1,013	42.89	2.93	$2,973
Feb 2015	0	914	44.66	2.98	$2,720
Jan 2015	0	1,106	43.43	3.10	$3,429
Dec 2014	0	1,084	54.69	3.59	$3,893
Nov 2014	0	1,039	70.46	4.25	$4,418
Oct 2014	0	1,040	78.30	3.90	$4,057
Sep 2014	0	942	86.16	4.05	$3,811
Aug 2014	0	971	89.39	4.04	$3,918
Jul 2014	0	1,081	96.56	4.18	$4,518
Jun 2014	0	1,074	98.16	4.74	$5,087
May 2014	0	1,088	94.73	4.73	$5,143
Apr 2014	0	1,329	95.94	4.81	$6,391
Mar 2014	2	1,342	95.89	5.06	$6,978
Feb 2014	0	1,002	97.40	6.19	$6,204
Jan 2014	0	1,104	90.40	4.86	$5,366
Dec 2013	0	1,311	91.82	4.35	$5,709
Nov 2013	0	1,223	88.85	3.74	$4,572
Oct 2013	0	1,402	97.42	3.78	$5,299
Sep 2013	0	1,452	104.11	3.72	$5,398
Aug 2013	3	1,404	104.25	3.52	$5,258
Jul 2013	0	1,344	102.52	3.72	$4,997
Jun 2013	0	1,425	94.40	3.93	$5,605
May 2013	0	1,311	94.83	4.15	$5,439
Apr 2013	0	1,373	93.96	4.28	$5,880
Mar 2013	0	1,400	93.62	3.91	$5,478
Feb 2013	0	1,322	91.23	3.42	$4,521
Jan 2013	0	1,385	91.60	3.42	$4,737
Dec 2012	0	1,470	86.77	3.42	$5,028
Nov 2012	0	1,214	86.95	3.62	$4,401
Oct 2012	0	1,266	89.38	3.40	$4,304
Sep 2012	0	1,181	94.67	2.92	$3,447
Aug 2012	0	1,295	92.66	2.91	$3,766
Jul 2012	0	1,356	85.13	3.02	$4,096
Jun 2012	0	1,318	79.82	2.52	$3,320
May 2012	0	1,261	91.61	2.49	$3,138
Apr 2012	0	1,135	101.65	2.00	$2,266
Mar 2012	0	1,193	105.05	2.22	$2,651
Feb 2012	0	1,175	101.10	2.57	$3,020
Jan 2012	0	1,157	98.09	2.73	$3,163
Dec 2011	0	1,159	96.87	3.24	$3,755
Nov 2011	0	1,238	95.72	3.31	$4,099
Oct 2011	0	1,248	84.98	3.65	$4,553
Sep 2011	0	1,289	83.62	3.99	$5,138
Aug 2011	0	1,327	83.40	4.15	$5,506
Jul 2011	0	1,290	94.14	4.52	$5,827
Jun 2011	0	1,263	92.90	4.64	$5,860
May 2011	0	1,278	98.13	4.40	$5,629
Apr 2011	5	1,303	105.96	4.33	$6,176
Mar 2011	0	1,388	96.36	4.06	$5,632
Feb 2011	0	1,222	85.64	4.18	$5,108
Jan 2011	0	1,365	86.50	4.59	$6,264
Dec 2010	0	1,357	85.73	4.35	$5,900
Nov 2010	0	1,345	80.84	3.80	$5,105
Oct 2010	0	718	78.10	3.51	$2,519
Sep 2010	0	784	72.63	3.98	$3,120
Aug 2010	0	680	73.68	4.42	$3,005
Jul 2010	0	737	72.55	4.74	$3,491
Jun 2010	4	815	70.36	4.91	$4,283
May 2010	0	786	71.12	4.24	$3,329
Apr 2010	0	749	81.69	4.12	$3,088
Mar 2010	0	787	78.39	4.39	$3,454
Feb 2010	0	725	73.58	5.44	$3,946
Jan 2010	0	783	74.36	5.96	$4,670
Dec 2009	5	807	71.44	5.48	$4,783
Nov 2009	0	807	74.59	3.75	$3,027
Oct 2009	0	818	72.54	4.11	$3,362
Sep 2009	0	874	65.54	3.06	$2,679
Aug 2009	4	926	67.42	3.22	$3,250
Jul 2009	0	965	61.13	3.46	$3,343
Jun 2009	0	901	66.16	3.90	$3,509
May 2009	2	1,005	54.74	3.93	$4,055
Apr 2009	0	1,036	46.77	3.59	$3,717
Mar 2009	2	1,071	42.14	4.06	$4,431
Feb 2009	0	989	32.81	4.63	$4,582
Jan 2009	2	746	35.86	5.37	$4,078
Dec 2008	4	1,132	37.10	5.98	$6,915
Nov 2008	1	1,113	55.49	6.86	$7,691
Oct 2008	5	1,140	75.24	6.92	$8,267
Sep 2008	0	1,048	101.76	7.88	$8,255
Aug 2008	0	914	114.22	8.48	$7,753
Jul 2008	16	1,170	131.08	11.39	$15,423
Jun 2008	0	854	131.33	13.03	$11,130
May 2008	0	965	123.17	11.57	$11,169
Apr 2008	0	900	110.31	10.45	$9,409
Mar 2008	0	1,051	101.90	9.66	$10,157
Feb 2008	0	643	92.53	8.77	$5,639
Jan 2008	0	1,022	90.38	8.21	$8,386
Dec 2007	10	998	88.33	7.30	$8,171
Nov 2007	0	1,089	91.67	7.29	$7,941
Oct 2007	0	1,040	82.85	6.92	$7,199
Sep 2007	0	1,012	75.84	6.24	$6,319
Aug 2007	0	1,140	69.06	6.39	$7,282
Jul 2007	0	877	70.90	6.39	$5,602
Jun 2007	6	930	62.00	7.55	$7,392
May 2007	0	1,051	58.74	7.85	$8,246
Apr 2007	0	1,110	59.61	7.81	$8,664
Mar 2007	0	997	56.92	7.30	$7,280
Feb 2007	2	866	55.10	8.22	$7,225
Jan 2007	4	958	50.30	6.73	$6,646
Dec 2006	0	978	56.65	6.92	$6,766
Nov 2006	2	774	54.20	7.62	$6,004
Oct 2006	6	853	54.90	6.01	$5,459
Sep 2006	0	1,017	60.08	5.04	$5,123
Aug 2006	0	1,098	68.71	7.34	$8,059
Jul 2006	6	1,018	69.37	6.34	$6,873
Jun 2006	0	1,063	66.28	6.38	$6,786
May 2006	0	1,043	66.01	6.42	$6,701
Apr 2006	4	1,009	64.39	7.36	$7,684
Mar 2006	0	1,064	56.70	7.08	$7,536
Feb 2006	6	923	57.59	7.75	$7,500
Jan 2006	0	1,062	60.59	8.93	$9,487
Dec 2005	2	886	54.94	13.42	$11,996
Nov 2005	0	1,076	54.69	10.59	$11,393
Oct 2005	2	849	58.34	13.80	$11,829
Sep 2005	39	754	61.45	12.08	$11,504
Aug 2005	0	921	61.51	9.80	$9,023
Jul 2005	0	1,042	55.69	7.84	$8,173
Jun 2005	0	1,046	52.33	7.38	$7,721
May 2005	0	1,158	45.22	6.65	$7,702
Apr 2005	38	1,237	49.20	7.36	$10,975
Mar 2005	0	1,218	50.37	7.15	$8,715
Feb 2005	0	914	45.22	6.31	$5,769
Jan 2005	0	986	43.16	6.32	$6,234
Dec 2004	0	1,140	39.86	6.75	$7,696
Nov 2004	0	1,053	45.28	6.33	$6,666
Oct 2004	0	956	49.70	6.52	$6,228
Sep 2004	0	1,030	43.24	5.28	$5,442
Aug 2004	0	911	42.37	5.55	$5,057
Jul 2004	0	912	38.28	6.08	$5,549
Jun 2004	0	952	36.10	6.43	$6,124
May 2004	0	950	37.48	6.49	$6,170
Apr 2004	0	1,005	34.47	5.86	$5,888
Mar 2004	0	997	34.36	5.53	$5,514
Feb 2004	0	998	32.45	5.51	$5,499
Jan 2004	0	1,129	32.03	6.30	$7,112
Dec 2003	0	1,008	30.26	6.30	$6,352
Nov 2003	0	1,214	28.80	4.60	$5,579
Oct 2003	0	1,050	28.17	4.76	$4,998
Sep 2003	0	863	26.31	4.75	$4,099
Aug 2003	0	899	29.76	5.13	$4,612
Jul 2003	0	1,109	29.41	5.17	$5,734
Jun 2003	0	906	28.56	5.98	$5,421
May 2003	0	975	26.59	5.97	$5,823
Apr 2003	0	993	26.67	5.41	$5,369
Mar 2003	0	1,075	31.14	6.10	$6,553
Feb 2003	0	933	33.48	7.93	$7,395
Jan 2003	0	1,082	30.31	5.58	$6,040
Dec 2002	0	1,072	26.91	4.85	$5,203
Nov 2002	0	1,032	24.66	4.14	$4,269
Oct 2002	0	1,100	26.46	4.23	$4,652
Sep 2002	0	1,203	27.44	3.64	$4,373
Aug 2002	0	1,203	25.96	3.16	$3,806
Jul 2002	0	1,246	24.58	3.06	$3,815
Jun 2002	0	1,323	23.73	3.34	$4,416
May 2002	0	1,262	24.66	3.58	$4,523
Apr 2002	0	1,222	23.65	3.51	$4,292
Mar 2002	0	1,211	22.00	3.10	$3,757
Feb 2002	0	1,140	18.22	2.38	$2,708
Jan 2002	0	1,136	17.17	2.38	$2,699
Dec 2001	0	1,219	16.93	2.36	$2,882
Nov 2001	0	1,272	18.07	2.41	$3,060
Oct 2001	0	1,193	19.78	2.53	$3,017
Sep 2001	0	1,009	24.26	2.25	$2,272
Aug 2001	0	1,302	24.87	3.05	$3,975
Jul 2001	0	1,257	23.93	3.20	$4,019
Jun 2001	0	1,240	24.56	3.82	$4,742
May 2001	46	1,313	25.52	4.31	$6,829
Apr 2001	0	1,255	24.68	5.34	$6,696
Mar 2001	3	1,239	24.54	5.38	$6,735
Feb 2001	0	1,046	27.75	5.77	$6,032
Jan 2001	0	935	27.47	8.40	$7,853
Dec 2000	0	922	26.88	9.12	$8,411
Nov 2000	0	762	32.21	5.66	$4,311
Oct 2000	0	734	31.23	5.15	$3,777
Sep 2000	0	772	31.87	5.19	$4,004
Aug 2000	0	775	29.64	4.54	$3,519
Jul 2000	0	1,154	28.53	4.09	$4,720
Jun 2000	0	795	29.30	4.40	$3,496
May 2000	33	845	27.26	3.68	$4,009
Apr 2000	0	1,377	24.51	3.12	$4,291
Mar 2000	0	1,501	28.42	2.86	$4,292
Feb 2000	0	864	27.62	2.73	$2,356
Jan 2000	0	1,178	25.27	2.48	$2,922
Dec 1999	0	1,044	24.28	2.42	$2,530
Nov 1999	0	1,076	23.19	2.43	$2,619
Oct 1999	30	1,571	20.98	2.80	$5,034
Sep 1999	0	1,158	21.75	2.62	$3,033
Aug 1999	0	1,149	19.26	2.88	$3,304
Jul 1999	0	1,122	17.89	2.37	$2,662
Jun 1999	0	1,136	15.94	2.36	$2,683
May 1999	0	1,511	15.79	2.32	$3,507
Apr 1999	0	1,171	15.10	2.21	$2,586
Mar 1999	0	952	12.47	1.84	$1,750
Feb 1999	0	1,026	9.98	1.82	$1,865
Jan 1999	0	1,206	10.38	1.90	$2,291
Dec 1998	0	731	9.20	1.77	$1,296
Nov 1998	0	1,612	10.89	2.19	$3,523
Oct 1998	0	1,126	12.42	1.97	$2,217
Sep 1998	0	1,140	12.59	2.08	$2,374
Aug 1998	0	907	11.30	1.91	$1,730
Jul 1998	0	1,051	11.74	2.24	$2,351
Jun 1998	0	1,746	11.24	2.24	$3,906
May 1998	0	1,513	12.62	2.21	$3,338
Apr 1998	0	1,663	13.04	2.51	$4,166
Mar 1998	0	585	12.80	2.31	$1,351
Feb 1998	0	341	13.95	2.30	$784
Jan 1998	0	1,021	14.70	2.15	$2,200
Dec 1997	0	906	16.32	2.41	$2,184
Nov 1997	0	337	18.19	3.09	$1,041
Oct 1997	0	714	19.25	3.15	$2,249
Sep 1997	0	304	17.74	2.95	$898
Aug 1997	0	683	17.86	2.55	$1,745
Jul 1997	0	1,464	17.58	2.25	$3,290
Jun 1997	0	1,157	17.24	2.26	$2,612
May 1997	0	1,204	18.97	2.31	$2,779
Apr 1997	0	1,119	17.88	2.08	$2,331
Mar 1997	0	1,149	18.95	1.94	$2,228
Feb 1997	0	1,212	20.49	2.21	$2,674
Jan 1997	6	1,295	23.48	3.54	$4,725
Dec 1996	0	1,354	23.32	—	$0
Nov 1996	24	1,001	21.97	—	$527
Oct 1996	0	1,438	23.31	—	$0
Sep 1996	0	1,655	22.22	—	$0
Aug 1996	0	1,348	20.26	—	$0
Jul 1996	0	1,422	19.55	—	$0
Jun 1996	0	1,461	18.73	—	$0
May 1996	0	1,584	19.43	—	$0
Apr 1996	0	1,380	21.51	—	$0
Mar 1996	0	1,564	19.38	—	$0
Feb 1996	33	1,279	16.98	—	$560
Jan 1996	0	1,556	17.07	—	$0
Dec 1995	0	1,717	17.19	—	$0
Nov 1995	0	1,421	16.00	—	$0
Oct 1995	0	1,439	15.43	—	$0
Sep 1995	0	1,442	16.18	—	$0
Aug 1995	0	1,784	15.92	—	$0
Jul 1995	18	1,395	15.24	—	$274
Jun 1995	0	1,570	16.41	—	$0
May 1995	0	1,801	17.56	—	$0
Apr 1995	0	1,179	17.73	—	$0
Mar 1995	0	1,471	16.44	—	$0
Feb 1995	0	1,348	16.58	—	$0
Jan 1995	26	1,451	15.92	—	$414
Dec 1994	0	1,531	15.03	—	$0
Nov 1994	0	1,526	15.90	—	$0
Oct 1994	0	1,346	15.58	—	$0
Sep 1994	0	1,482	15.29	—	$0
Aug 1994	0	1,310	16.13	—	$0
Jul 1994	48	1,551	17.56	—	$843
Jun 1994	0	1,359	17.09	—	$0
May 1994	0	1,500	15.88	—	$0
Apr 1994	0	1,092	14.14	—	$0
Mar 1994	0	1,566	12.46	—	$0
Feb 1994	0	1,356	12.50	—	$0
Jan 1994	0	1,829	12.66	—	$0
Dec 1993	0	1,511	12.33	—	$0
Nov 1993	0	1,887	14.49	—	$0
Oct 1993	0	1,499	15.85	—	$0
Sep 1993	0	1,850	15.03	—	$0
Aug 1993	0	1,574	15.66	—	$0
Jul 1993	0	2,011	15.46	—	$0
Jun 1993	0	1,210	16.79	—	$0
May 1993	0	1,831	17.68	—	$0
Apr 1993	0	1,286	18.05	—	$0
Mar 1993	0	1,289	18.14	—	$0
Feb 1993	0	1,657	17.90	—	$0
Jan 1993	0	1,714	16.93	—	$0

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.

Dec 2017 — as filed, then multipliedworked

Condensate             0 bbl  × $ 57.27 =         $0
Gas                  145 Mcf  × $  2.92 =       $424

────────────────────────────────────────────────────
Month total                                     $424

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. 04/G/98796 is the state's own key, not one this site invented.