KRAUSE GU1
KRAUSE GU1 is a Texas gas lease in Karnes County, Railroad Commission district 02, operated by Statoil Texas Onshore Prop LLC. It has 1 wellbore on file with the Commission. Reported production runs from September 2017 to August 2026, totalling 2,692,346 thousand cubic feet. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $1.8M, with roughly $448K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 7,029 thousand cubic feet a month. Its strongest month on the record we hold was October 2017, at 170,091 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about KRAUSE GU1
- Who operates KRAUSE GU1?
- KRAUSE GU1 is operated by Statoil Texas Onshore Prop LLC, Railroad Commission of Texas operator number 816437.
- Where is KRAUSE GU1?
- KRAUSE GU1 is a Texas gas lease in Karnes County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 285827.
- Is KRAUSE GU1 still producing?
- KRAUSE GU1 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for KRAUSE GU1 is August 2026.
- How much has KRAUSE GU1 produced?
- KRAUSE GU1 has reported 2,692,346 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between September 2017 and August 2026, from 1 wellbore.
- How much is KRAUSE GU1 worth?
- The remaining production from KRAUSE GU1 is estimated to be worth about $1.8M in total as of 26 August 2026, within a range of $1.5M to $2.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in KRAUSE GU1 is a fraction of it. The estimate fits an Arps decline curve to the production KRAUSE GU1 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for KRAUSE GU1 is an estimate of value, not an offer and not an appraisal.
- How much income does KRAUSE GU1 generate in a year?
- KRAUSE GU1 is forecast to net about $448K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in KRAUSE GU1 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Statoil Texas Onshore Prop LLC |
|---|---|
| Field | Sugarkane (Austin Chalk) |
| County | Karnes County, Texas |
| RRC district | 02 |
| Lease number | 285827 |
| Wellbores | 1 |
| Reported production | 2,692,346 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.8M |
Where KRAUSE GU1 sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.