Krause

Oil & Gas Property in Fayette County, TX

  2. Texas
  3. Fayette County, TX
  4. Oil & Gas Properties in Fayette County, TX
  5. Krause Oil & Gas Property

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Property Summary

Key data points for Krause

CountyFayette County, TX
OperatorMAGNOLIA OIL & GAS OPERATING LLC
Production DatesNov 1993 - Nov 2024
Total Oil Production70,001 BBLs
Total Gas Production3,507,288 MCF
Recent Oil Production25 BBLs in Oct 2024
Recent Gas Production1,600 MCF in Oct 2024
Wells on Property3

Our Valuation Estimates for Krause

ShaleAssessment™

$8,500 *

MarketMultiple™

$4,467 **

* 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
Subscribe for Full Access Subscribe now to gain immediate access
to oil and gas production for Krause
from Nov 1993 to Nov 2024

Wells on Krause

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-149-32803KRAUSE-O.L. UNIT 1MAGNOLIA OIL & GAS OPERATING LLCTemp AbandonedFayette County, TX30.091986-96.673500
42-149-33132KRAUSE-O.L. UNIT 2MAGNOLIA OIL & GAS OPERATING LLCProducingFayette County, TX30.095510-96.668888
42-149-33136KRAUSE ESTHER 1MAGNOLIA OIL & GAS OPERATING LLCProducingFayette County, TX30.079055-96.663805

Leases included in Krause

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
03-148014KRAUSE-O.L. UNIT 1MAGNOLIA OIL & GAS OPERATING LLCFayette County, TX
03-201427KRAUSE-O.L. UNIT 2MAGNOLIA OIL & GAS OPERATING LLCFayette County, TX
03-203908KRAUSE ESTHER 1MAGNOLIA OIL & GAS OPERATING LLCFayette County, TX

Nearby Properties

These are the closest 20 properties to the Krause property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Church CharlesFayette County, TX60 BBLs1,233 MCFNov 2024
Elms-RicksWashington County, TX426 BBLs13,611 MCFNov 2024
Frannie Unit 1HFayette County, TX314 BBLs16,688 MCFNov 2024
Froese UnitFayette County, TX0 BBLs39 MCFOct 2024
Grace UnitFayette County, TX0 BBLs338 MCFNov 2024
HeatherFayette County, TX5 BBLs295 MCFNov 2024
JasperFayette County, TX37 BBLs640 MCFNov 2024
Lapis UnitFayette County, TX0 BBLs0 MCFSep 2024
LevienFayette County, TX0 BBLs580 MCFNov 2024
MattinglyFayette County, TX0 BBLs195 MCFNov 2024
Miller-Ol Unit 1Fayette County, TX127 BBLs4,026 MCFNov 2024
Rio Lobo UnitFayette County, TX74 BBLs5,371 MCFNov 2024
RWR UnitFayette County, TX0 BBLs59 MCFNov 2024
Sapphire Unit 1HFayette County, TX338 BBLs9,059 MCFNov 2024
SchmidtFayette County, TX1 BBLs660 MCFNov 2024
Somme 1HWashington County, TX7 BBLs6,217 MCFNov 2024
WagnerFayette County, TX7 BBLs288 MCFNov 2024
Weigelt 1Fayette County, TX102 BBLs12,054 MCFNov 2024
Wolff Unit 1HFayette County, TX154 BBLs14,195 MCFNov 2024
Zuehlke UnitFayette County, TX0 BBLs421 MCFNov 2024

Companies in the Area

These are the closest 14 companies operating near the Krause property.

Company Name
Apache Corporation
Dallas Petroleum Group, LLC
Enervest Operating LLC
Geosouthern Energy Corporation
Geosouthern Operating II, LLC
Goldston Oil Corporation
Leexus Oil LLC
Magnolia Oil & Gas Operating LLC
Marathon Oil Company
Union Pacific Resources Co.
United Oil & Minerals, Inc.
Verdun Oil & Gas LLC
Wildfire Energy Operating LLC
Young, John H., Inc.

Owners of Krause

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024MAGNOLIA OIL & GAS OPERATINGKRAUSE OIL UNIT W#2MAGNOLIA OIL & GAS
2024MAGNOLIA OIL & GAS OPERATINGESTHER KRAUSE W#1MAGNOLIA OIL & GAS
2024BROWN TOP/HIDDEN HAVEN PRTSHIPKRAUSE OIL UNIT W#2MAGNOLIA OIL & GAS
2024BARANOWSKI MAX JRKRAUSE OIL UNIT W#2MAGNOLIA OIL & GAS
2024HERR WILFRED CHARLES & LEONAKRAUSE OIL UNIT W#2MAGNOLIA OIL & GAS
2024CRAIG C BROWN CAPITAL PARTNERSKRAUSE OIL UNIT W#2MAGNOLIA OIL & GAS
2024LEONHARDT HELEN KRAUSE LIFE ESKRAUSE OIL UNIT W#2MAGNOLIA OIL & GAS
2024KRAUSE CLARENCE EKRAUSE OIL UNIT W#2MAGNOLIA OIL & GAS
Displaying 8 of 53 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Krause

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
03-201427KRAUSE-O.L. UNIT 2Sep 2024MAGNOLIA OIL & GAS OPERATING LLC
03-203908KRAUSE ESTHER 1Sep 2024MAGNOLIA OIL & GAS OPERATING LLC
03-201427KRAUSE-O.L. UNIT 2Aug 2024MAGNOLIA OIL & GAS OPERATING LLC
03-203908KRAUSE ESTHER 1Aug 2024MAGNOLIA OIL & GAS OPERATING LLC
03-201427KRAUSE-O.L. UNIT 2Jul 2024MAGNOLIA OIL & GAS OPERATING LLC
03-203908KRAUSE ESTHER 1Jul 2024MAGNOLIA OIL & GAS OPERATING LLC
03-201427KRAUSE-O.L. UNIT 2Jun 2024MAGNOLIA OIL & GAS OPERATING LLC
03-203908KRAUSE ESTHER 1Jun 2024MAGNOLIA OIL & GAS OPERATING LLC
03-201427KRAUSE-O.L. UNIT 2May 2024MAGNOLIA OIL & GAS OPERATING LLC
03-201427KRAUSE-O.L. UNIT 2May 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-203908KRAUSE ESTHER 1May 2024MAGNOLIA OIL & GAS OPERATING LLC
03-201427KRAUSE-O.L. UNIT 2Apr 2024MAGNOLIA OIL & GAS OPERATING LLC
03-201427KRAUSE-O.L. UNIT 2Apr 2024SHELL TRADING (US) COMPANYMAGNOLIA OIL & GAS OPERATING LLC
03-201427KRAUSE-O.L. UNIT 2Apr 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-203908KRAUSE ESTHER 1Apr 2024MAGNOLIA OIL & GAS OPERATING LLC
03-201427KRAUSE-O.L. UNIT 2Mar 2024MAGNOLIA OIL & GAS OPERATING LLC
03-201427KRAUSE-O.L. UNIT 2Mar 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-203908KRAUSE ESTHER 1Mar 2024MAGNOLIA OIL & GAS OPERATING LLC
03-201427KRAUSE-O.L. UNIT 2Feb 2024MAGNOLIA OIL & GAS OPERATING LLC
03-201427KRAUSE-O.L. UNIT 2Feb 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-203908KRAUSE ESTHER 1Feb 2024MAGNOLIA OIL & GAS OPERATING LLC
03-201427KRAUSE-O.L. UNIT 2Jan 2024MAGNOLIA OIL & GAS OPERATING LLC
03-201427KRAUSE-O.L. UNIT 2Jan 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-203908KRAUSE ESTHER 1Jan 2024MAGNOLIA OIL & GAS OPERATING LLC
03-201427KRAUSE-O.L. UNIT 2Dec 2023MAGNOLIA OIL & GAS OPERATING LLC