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 - Jan 2025
Total Oil Production70,036 BBLs
Total Gas Production3,509,223 MCF
Recent Oil Production18 BBLs in Dec 2024
Recent Gas Production966 MCF in Dec 2024
Wells on Property3

Our Valuation Estimates for Krause

ShaleAssessment™

$8,285 *

MarketMultiple™

$4,966 **

* 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 Jan 2025

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, TX28 BBLs844 MCFJan 2025
Elms-RicksWashington County, TX404 BBLs12,752 MCFJan 2025
Frannie Unit 1HFayette County, TX213 BBLs10,998 MCFJan 2025
Froese UnitFayette County, TX0 BBLs44 MCFJan 2025
Grace UnitFayette County, TX0 BBLs133 MCFJan 2025
HeatherFayette County, TX1 BBLs0 MCFDec 2024
JasperFayette County, TX38 BBLs667 MCFJan 2025
KristinaFayette County, TX4 BBLs1,553 MCFJan 2025
Lapis UnitFayette County, TX0 BBLs0 MCFSep 2024
LevienFayette County, TX0 BBLs639 MCFJan 2025
LuckyWashington County, TX524 BBLs12,138 MCFJan 2025
MattinglyFayette County, TX0 BBLs82 MCFDec 2024
Rio Lobo UnitFayette County, TX50 BBLs4,900 MCFJan 2025
RWR UnitFayette County, TX1 BBLs0 MCFJan 2025
SchmidtFayette County, TX1 BBLs239 MCFJan 2025
SchuhmacherFayette County, TX0 BBLs0 MCFNov 2024
WagnerFayette County, TX3 BBLs171 MCFJan 2025
Weigelt 1Fayette County, TX117 BBLs9,842 MCFJan 2025
Wolff Unit 1HFayette County, TX365 BBLs25,282 MCFJan 2025
Zuehlke UnitFayette County, TX0 BBLs446 MCFJan 2025

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