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Texas gas well

Producing

KRAUSE-O.L. UNIT

Krause-O.l. Unit is a gas well in Fayette County, Texas, operated by Magnolia Oil & Gas Operating LLC in the Giddings (Austin Chalk-3) field.

1 well

5,901mcf gas, last 12 months−35% vs prior year
Operator
Magnolia Oil & Gas Operating LLC
County
Fayette County
Field
Giddings (Austin Chalk-3)
RRC lease
03-201427

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Where it sits

This county

Fayette CountyFayetteCaldwellBastropWashingtonBurlesonLeeAustinColoradoFayette County
Fayette County
Oil, last 12 months
55 bbl
Gas in Jul 2026
415 mcf

Production by month

Gas output fell 35% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output fell 35% over the last 12 monthsMonthly gas production and oil for KRAUSE-O.L. UNIT, Aug 2023 to Jul 2026. Gas output fell 35% over the last 12 months. 5,901 mcf in the 12 months through Jul 2026, against 9,026 mcf in the 12 months before.Last 12 months: 5,901 mcfmcf per monthbbl per month00500201,000401,500602,000802,500100Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 35% over the last 12 monthsMonthly gas production and oil for KRAUSE-O.L. UNIT, Aug 2023 to Jul 2026. Gas output fell 35% over the last 12 months. 5,901 mcf in the 12 months through Jul 2026, against 9,026 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month00500201,000401,500602,000802,500100Jan 24JulJan 25JulJan 26Jul

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

All of the gas went to a transmission line in the last 12 monthsShare of KRAUSE-O.L. UNIT gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a transmission line in the last 12 monthsShare of KRAUSE-O.L. UNIT gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line in the last 12 months.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on KRAUSE-O.L. UNIT
API numberWell no.Status
42-149-331322Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Shell Trading (Us) CompanyCondensateGathers34Oct 1, 2025–
Energy Transfer Marketing & TermCondensateGathers33Oct 1, 2025–
Enterprise Crude Oil LLCCondensateGathers33Oct 1, 2025–
Magnolia Oil & Gas Operating LLCGas-well gasBuys100Sep 1, 2018–
Energy Transfer CompanyGas-well gasGathers100May 1, 2005–
Shell Trading (Us) CompanyCondensateGathers100Oct 1, 2015Oct 1, 2025

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

Who buys my oilOil price check

780.50 acres on the newest permit

  • Good to know

    A pooling certificate (P-12) was filed

    Your tract may share its production with neighbors in a pooled unit. The unit acres the operator uses to divide production can differ from the acreage on one permit.

  • Worth asking

    A Rule 37 case is listed

    The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.

Check your decimal on this lease
Permits for Krause-O.l. Unit
API numberWell no.Acreson the permit
42-149-331322780.50

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

Unit decimal checker

What Magnolia Oil & Gas Corporation told investors it received

Magnolia Oil & Gas Operating LLC is linked to Magnolia Oil & Gas Corporation (MGY).
Realized prices reported by Magnolia Oil & Gas Corporation
QuarterOil$ per bblFiling
Q2 2026$98.13SEC filing
Q1 2026$70.29SEC filing
Q3 2025$63.55SEC filing
Q2 2025$62.20SEC filing
Q1 2025$69.81SEC filing
Q3 2024$74.23SEC filing

SourceMagnolia Oil & Gas Corporation quarterly reports, SEC EDGAR, company-wide averages before hedging.

Estimate your royalty

36 months, newest first

Ledger for KRAUSE-O.L. UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026004154150$80.46$2.89
Jun 20262503423420$84.81$3.15
May 2026003803800$102.13$2.94
Apr 2026003633630$100.32$2.77
Mar 2026003833830$91.38$3.04
Feb 2026003863860$64.51$3.62
Jan 2026004334330$60.04$7.72
Dec 2025004304300$57.97$4.26
Nov 2025004784780$60.06$3.79
Oct 2025005665660$60.89$3.19
Sep 20251638338330$63.96$2.97
Aug 20251408928920$64.86$2.91
Jul 20251408898890$68.39$3.20
Jun 202591868848840$68.17$3.02
May 20251919069060$62.17$3.12
Apr 20251408728720$63.54$3.42
Mar 20251609149140$68.24$4.12
Feb 20251408108100$71.53$4.19
Jan 20251709049040$75.74$4.13
Dec 20241809669660$70.12$3.01
Nov 20241505815810$69.95$2.12
Oct 20241503273270$71.99$2.20
Sep 2024503943940$70.24$2.28
Aug 20241405795790$76.68$1.99
Jul 20241304604600$81.80$2.07
Jun 20241505895890$79.77$2.54
May 20241607607600$80.02$2.12
Apr 2024191886866860$85.35$1.60
Mar 20244668838830$81.28$1.49
Feb 20243411,3631,3630$77.25$1.72
Jan 20245911,3331,3330$74.15$3.18
Dec 20231232,1412,1410$71.90$2.52
Nov 2023005945940$77.69$2.71
Oct 2023004784780$85.64$2.98
Sep 20230035350$89.43$2.64
Aug 2023002822820$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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This lease belongs to

OperatorMagnolia Oil & Gas Operating LLCFieldGiddings (Austin Chalk-3)CountyFayette County

Magnolia Oil & Gas Operating LLC in Fayette County

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