Texas oil lease
ProducingKRAATZ, ERWIN
Kraatz, Erwin is an oil lease in Fayette County, Texas, operated by Magnolia Oil & Gas Operating LLC in the Giddings (Austin Chalk-3) field.
2 wells
- Operator
- Magnolia Oil & Gas Operating LLC
- County
- Fayette County
- RRC lease
- 03-20943
Is your check right?
Where it sits
This county
- Gas, last 12 months
- 2,334 mcf
- Oil in Jul 2026
- 0 bbl
Production by month
Oil output fell 28% over the last 12 months
- Oil (bars)
- Gas (line)
- Last 12 months
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Where the gas went
All of the gas went to a transmission line in the last 12 months
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
2 wells on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-149-32423 | 1 | Active |
| 42-149-32482 | 2 | Active |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From |
|---|---|---|---|---|
| Shell Trading (Us) Company | Oil | Gathers | 100 | Oct 1, 2015 |
| Magnolia Oil & Gas Operating LLC | Casinghead gas | Buys | 100 | Sep 1, 2018 |
| Dcp Operating Company, LP | Casinghead gas | Gathers | 100 | Apr 1, 2017 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
562.68 acres on the newest permit
The wells on this lease state different acreage
The permits state between 562.68 and 783.63 acres.
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-149-32482 | 2 | Mar 2, 1992 | Sep 4, 1991 | 562.68 |
| 42-149-32423 | 1 | Nov 2, 1990 | Jan 30, 1991 | 783.63 |
What Magnolia Oil & Gas Corporation told investors it received
| Quarter | Oil$ per bbl | Gas$ per mcf | Gas liquids$ per bbl | Filing |
|---|---|---|---|---|
| Q2 2026 | $98.13 | $2.18 | $23.25 | SEC filing |
| Q1 2026 | $70.29 | $2.98 | $18.48 | SEC filing |
| Q3 2025 | $63.55 | $2.46 | $18.98 | SEC filing |
| Q2 2025 | $62.20 | $2.55 | $19.94 | SEC filing |
| Q1 2025 | $69.81 | $3.11 | $22.03 | SEC filing |
| Q3 2024 | $74.23 | $1.52 | $19.46 | SEC filing |
SourceMagnolia Oil & Gas Corporation quarterly reports, SEC EDGAR, company-wide averages before hedging.
Estimate your royalty
36 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|---|---|---|
| Jul 2026 | 0 | 0 | 0 | 0 | 0 | $80.46 | $2.89 |
| Jun 2026 | 3 | 0 | 2 | 2 | 0 | $84.81 | $3.15 |
| May 2026 | 33 | 0 | 90 | 90 | 0 | $102.13 | $2.94 |
| Apr 2026 | 29 | 188 | 115 | 115 | 0 | $100.32 | $2.77 |
| Mar 2026 | 49 | 1 | 263 | 263 | 0 | $91.38 | $3.04 |
| Feb 2026 | 62 | 0 | 237 | 237 | 0 | $64.51 | $3.62 |
| Jan 2026 | 61 | 0 | 271 | 271 | 0 | $60.04 | $7.72 |
| Dec 2025 | 60 | 181 | 278 | 278 | 0 | $57.97 | $4.26 |
| Nov 2025 | 58 | 2 | 256 | 256 | 0 | $60.06 | $3.79 |
| Oct 2025 | 50 | 0 | 288 | 288 | 0 | $60.89 | $3.19 |
| Sep 2025 | 45 | 175 | 255 | 255 | 0 | $63.96 | $2.97 |
| Aug 2025 | 61 | 0 | 279 | 279 | 0 | $64.86 | $2.91 |
| Jul 2025 | 70 | 1 | 335 | 335 | 0 | $68.39 | $3.20 |
| Jun 2025 | 44 | 182 | 232 | 232 | 0 | $68.17 | $3.02 |
| May 2025 | 64 | 1 | 301 | 301 | 0 | $62.17 | $3.12 |
| Apr 2025 | 72 | 0 | 276 | 276 | 0 | $63.54 | $3.42 |
| Mar 2025 | 63 | 187 | 330 | 330 | 0 | $68.24 | $4.12 |
| Feb 2025 | 123 | 1 | 452 | 452 | 0 | $71.53 | $4.19 |
| Jan 2025 | 0 | 0 | 0 | 0 | 0 | $75.74 | $4.13 |
| Dec 2024 | 28 | 0 | 145 | 145 | 0 | $70.12 | $3.01 |
| Nov 2024 | 55 | 175 | 226 | 226 | 0 | $69.95 | $2.12 |
| Oct 2024 | 59 | 0 | 304 | 304 | 0 | $71.99 | $2.20 |
| Sep 2024 | 63 | 0 | 351 | 351 | 0 | $70.24 | $2.28 |
| Aug 2024 | 65 | 188 | 227 | 227 | 0 | $76.68 | $1.99 |
| Jul 2024 | 21 | 1 | 109 | 109 | 0 | $81.80 | $2.07 |
| Jun 2024 | 59 | 187 | 313 | 313 | 0 | $79.77 | $2.54 |
| May 2024 | 70 | 0 | 401 | 401 | 0 | $80.02 | $2.12 |
| Apr 2024 | 18 | 0 | 66 | 66 | 0 | $85.35 | $1.60 |
| Mar 2024 | 50 | 0 | 324 | 324 | 0 | $81.28 | $1.49 |
| Feb 2024 | 56 | 0 | 319 | 319 | 0 | $77.25 | $1.72 |
| Jan 2024 | 53 | 165 | 304 | 304 | 0 | $74.15 | $3.18 |
| Dec 2023 | 59 | 0 | 301 | 301 | 0 | $71.90 | $2.52 |
| Nov 2023 | 52 | 0 | 270 | 270 | 0 | $77.69 | $2.71 |
| Oct 2023 | 51 | 186 | 319 | 319 | 0 | $85.64 | $2.98 |
| Sep 2023 | 57 | 0 | 302 | 302 | 0 | $89.43 | $2.64 |
| Aug 2023 | 56 | 0 | 311 | 311 | 0 | $81.39 | $2.58 |
SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.
How to check your stub against this leaseDo your checks match this lease?
Nearby
This lease belongs to
Magnolia Oil & Gas Operating LLC in Fayette County
- MAHLMANN-WALTHER UNIT
141 bbl
- VONROSENBERG-KASPER UNIT
507 bbl
- WEISHUHN-BITTNER UNIT
498 bbl
- SCHUBERT-HEMPLE UNIT
505 bbl
- VENEMA-CLEAR LAKE PINES UNIT
559 bbl
- KASPER-GIESE UNIT
378 bbl
- T-REX
552 bbl
- WEIMAN, V.H.
198 bbl
- PIETSCH-ZINGELMANN UNIT
587 mcf
- VON ROSENBERG-BUSCHA UNIT
486 bbl
Giddings (Austin Chalk-3) field
- REDBUD UNIT
620 bbl
- WEISHUHN-BITTNER UNIT
498 bbl
- WINDY HILL RANCH A
614 bbl
- SCHUBERT-HEMPLE UNIT
505 bbl
- SUROVIK UNIT
574 bbl
- JOHNSON
586 bbl
- MIKEL
14,104 mcf
- PERSIMMON CREEK C
604 bbl
- WALTON OL
14,065 mcf
- GANTT, T.K.
566 bbl
Leases within 10 km
- KRAATZ SORRELLS "A" UNIT
450 bbl · 0.7 km
- LEHMANN-CLEAR LAKE PINES UNIT
781 bbl · 0.9 km
- PYBURN-KRAATZ UNIT
495 bbl · 1.6 km
- BACA-KARISCH UNIT
757 bbl · 1.8 km
- VENEMA-CLEAR LAKE PINES UNIT
559 bbl · 2 km
- ZOCH-LEHMANN UNIT
333 bbl · 2 km
- EPHRAIM
0 bbl · 2.3 km
- RUISINGER
0 bbl · 2.5 km
- OEDING-BACA UNIT
154 bbl · 2.6 km
- KRAATZ-SORRELLS UNIT
1,072 mcf · 2.7 km
Drilling permits within 10 km
NELDA #1H
recompletion · horizontal · Ironbloom Operating, LLC · Lee County · 8.8 km
Permit 0917170 · Jul 16, 2026