KRAUSE, ESTHER
KRAUSE, ESTHER is a Texas gas lease in Fayette County, Railroad Commission district 03, operated by Anadarko E&P Company LP. It has 1 wellbore on file with the Commission. Reported production runs from May 2004 to August 2026, totalling 750,647 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 $11K, with roughly $5K 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 219 thousand cubic feet a month. Its strongest month on the record we hold was October 2019, at 3,742 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 22% 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, ESTHER
- Who operates KRAUSE, ESTHER?
- KRAUSE, ESTHER is operated by Anadarko E&P Company LP, Railroad Commission of Texas operator number 020542.
- Where is KRAUSE, ESTHER?
- KRAUSE, ESTHER is a Texas gas lease in Fayette County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 203908.
- Is KRAUSE, ESTHER still producing?
- KRAUSE, ESTHER is currently producing. The most recent month of production reported to the Railroad Commission of Texas for KRAUSE, ESTHER is August 2026.
- How much has KRAUSE, ESTHER produced?
- KRAUSE, ESTHER has reported 750,647 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between May 2004 and August 2026, from 1 wellbore.
- How much is KRAUSE, ESTHER worth?
- The remaining production from KRAUSE, ESTHER is estimated to be worth about $11K in total as of 26 August 2026, within a range of $9K to $13K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in KRAUSE, ESTHER is a fraction of it. The estimate fits an Arps decline curve to the production KRAUSE, ESTHER has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for KRAUSE, ESTHER is an estimate of value, not an offer and not an appraisal.
- How much income does KRAUSE, ESTHER generate in a year?
- KRAUSE, ESTHER is forecast to net about $5K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in KRAUSE, ESTHER receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Anadarko E&P Company LP |
|---|---|
| Field | Giddings (Austin Chalk, Gas) |
| County | Fayette County, Texas |
| RRC district | 03 |
| Lease number | 203908 |
| Wellbores | 1 |
| Reported production | 750,647 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $11K |
Where KRAUSE, ESTHER 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.