Krause

Oil & Gas Property in Bee County, TX

Property Summary

Key data points for Krause

CountyBee County, TX
Production DatesAug 2009 - Jul 2024
Total Oil Production55,055 BBLs
Total Gas Production996,960 MCF
Recent Oil Production0 BBLs in Jul 2024
Recent Gas Production6,256 MCF in Jul 2024
Wells on Property3

Our Valuation Estimates for Krause

ShaleAssessment

$737 *

MarketMultiple

$1,870 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Krause Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Krause
from Aug 2009 to Jul 2024

Wells on Krause

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-025-32165KRAUSE, P. M. 1J-W OPERATING CO.Plugged Gas WellBee County, TX28.349855-97.779853
42-025-33667KRAUSE 1PALEO OIL COMPANY LLCProducingBee County, TX28.357882-97.791290
42-025-33730KRAUSE 2PALEO OIL COMPANY LLCTemp AbandonedBee County, TX28.354568-97.789723

Leases included in Krause

Lease #Lease NameOperatorCountyMonthly Gas Prod.
02-09373KRAUSEWELDER EXPLORATION & PROD., INC.Bee County, TX
02-114358KRAUSE, P. M. 1J-W OPERATING CO.Bee County, TX
02-259319KRAUSE 2PALEO OIL COMPANY LLCBee County, TX
02-272581KRAUSE 1PALEO OIL COMPANY LLCBee County, TX

Nearby Properties

These are the closest 20 properties to the Krause property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Bear CreekBee County, TX60 BBLs0 MCFJul 2024
BeasleyBee County, TX0 BBLs2,034 MCFAug 2024
BowdenBee County, TX0 BBLs0 MCFDec 2022
BrownBee County, TX0 BBLs0 MCFMay 2024
CarpenterBee County, TX0 BBLs0 MCFJul 2021
Cryer Julia BBee County, TX0 BBLs0 MCFNov 2019
CulliBee County, TX0 BBLs0 MCFMar 2019
Davis Nona BBee County, TX3,015 BBLs966 MCFAug 2024
EdlerBee County, TX71 BBLs17,275 MCFAug 2024
EvansBee County, TX0 BBLs50 MCFAug 2024
Hancock D.WBee County, TX47 BBLs0 MCFAug 2024
HollisBee County, TX0 BBLs0 MCFMar 2021
IngleBee County, TX0 BBLs0 MCFOct 2019
Looney 3Bee County, TX201 BBLs8,636 MCFAug 2024
Looney Gas Unit 1Bee County, TX570 BBLs27,182 MCFAug 2024
OneilBee County, TX56 BBLs671 MCFJul 2024
Southern StatesBee County, TX63 BBLs0 MCFJul 2024
SwiftBee County, TX0 BBLs0 MCFMay 2024
ToogoodBee County, TX0 BBLs0 MCFMay 2024
WhiddonBee County, TX0 BBLs0 MCFMay 2024

Owners of Krause

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024PALEO OIL COMPANY LLCKRAUSE W#1PALEO OIL COMPANY LL

Oil & Gas Sales on Krause

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
02-272581KRAUSE 1Feb 2024PALEO OIL COMPANY LLC
02-272581KRAUSE 1Jan 2024PALEO OIL COMPANY LLC
02-272581KRAUSE 1May 2022WELDERXP LTD.
02-272581KRAUSE 1Apr 2022WELDERXP LTD.
02-272581KRAUSE 1Mar 2022WELDERXP LTD.
02-272581KRAUSE 1Feb 2022WELDERXP LTD.
02-272581KRAUSE 1Jan 2022WELDERXP LTD.
02-272581KRAUSE 1Dec 2021WELDERXP LTD.
02-272581KRAUSE 1Oct 2021WELDERXP LTD.
02-272581KRAUSE 1Sep 2021WELDERXP LTD.
02-272581KRAUSE 1Aug 2021WELDERXP LTD.
02-09373KRAUSEJul 2021WELDERXP LTD.
02-09373KRAUSEJun 2021WELDERXP LTD.
02-09373KRAUSEMay 2021WELDERXP LTD.
02-09373KRAUSEApr 2021WELDERXP LTD.
02-09373KRAUSEMar 2021WELDERXP LTD.
02-09373KRAUSEFeb 2021WELDERXP LTD.
02-09373KRAUSEJan 2021WELDERXP LTD.
02-09373KRAUSEDec 2020WELDERXP LTD.
02-09373KRAUSEOct 2020WELDERXP LTD.
02-09373KRAUSESep 2020WELDERXP LTD.
02-09373KRAUSEAug 2020WELDERXP LTD.
02-09373KRAUSEJul 2020WELDERXP LTD.
02-09373KRAUSEJun 2020WELDERXP LTD.
02-09373KRAUSEMay 2020WELDERXP LTD.