Krause

Oil & Gas Property in Bee County, TX

  2. Texas
  3. Bee County, TX
  4. Oil & Gas Properties in Bee County, TX
  5. Krause Oil & Gas Property

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Property Summary

Key data points for Krause

CountyBee County, TX
Production DatesAug 2009 - May 2025
Total Oil Production55,055 BBLs
Total Gas Production1,017,679 MCF
Recent Oil Production0 BBLs in May 2025
Recent Gas Production1,474 MCF in May 2025
Wells on Property3

Our Valuation Estimates for Krause

ShaleAssessment™

$650 *

MarketMultiple™

$6,478 **

* 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
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to oil and gas production for Krause
from Aug 2009 to May 2025

Wells on Krause

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-025-32165KRAUSE, P. M. 1J-W OPERATING CO.Plugged Gas WellBee County, TX28.349855-97.779853
42-025-33667KRAUSE 1PALEO OIL COMPANY LLCProducingBee County, TX28.357882-97.791290
42-025-33730KRAUSE 2PALEO OIL COMPANY LLCProducingBee County, TX28.354568-97.789723

Leases included in Krause

Lease #Lease NameOperatorCountyMonthly Gas Prod.
02-09373KRAUSEWELDER EXPLORATION & PROD., INC.Bee County, TX
02-114358KRAUSE, P. M. 1J-W OPERATING CO.Bee County, TX
02-259319KRAUSE 2PALEO OIL COMPANY LLCBee County, TX
02-272581KRAUSE 1PALEO OIL COMPANY LLCBee County, TX

Operators Associated With Krause

Nearby Properties

These are the closest 20 properties to the Krause property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Bear CreekBee County, TX88 BBLs0 MCFMay 2025
BeasleyBee County, TX0 BBLs2,958 MCFJun 2025
BowdenBee County, TX0 BBLs0 MCFMar 2025
BrownBee County, TX0 BBLs0 MCFApr 2025
CarpenterBee County, TX0 BBLs0 MCFJul 2021
Cryer Julia BBee County, TX0 BBLs0 MCFNov 2019
CulliBee County, TX0 BBLs0 MCFMar 2019
DavisBee County, TX0 BBLs0 MCFAug 2022
Davis Nona BBee County, TX552 BBLs1,248 MCFJun 2025
EdlerBee County, TX633 BBLs19,087 MCFJun 2025
EvansBee County, TX2,188 BBLs0 MCFJun 2025
Hancock D.WBee County, TX0 BBLs0 MCFAug 2024
HollisBee County, TX0 BBLs0 MCFMar 2021
IngleBee County, TX0 BBLs0 MCFOct 2019
Looney 3Bee County, TX338 BBLs7,130 MCFJun 2025
OneilBee County, TX127 BBLs147 MCFMay 2025
Southern StatesBee County, TX68 BBLs0 MCFMay 2025
SwiftBee County, TX0 BBLs0 MCFApr 2025
ToogoodBee County, TX0 BBLs0 MCFApr 2025
WhiddonBee County, TX0 BBLs0 MCFMar 2025

Companies in the Area

These are the closest 20 companies operating near the Krause property.

Company Name
Blue Wing Energy, Inc.
Chandler Oil & Gas, LLC
Dewbre Petroleum Corporation
Discovery Energy Corp. CC
Enco Exploration Company
Headwaters Energy Partners, LLC
Hollimon Oil Corporation
Hughes, Dan A. Company
Kaler Energy Corp.
Laroca Resources, LTD
Paleo Oil Company LLC
Redhorn Resources, LLC
Scully Energy Corporation
Staples, James W. Prod. Co.
Texas, Les & Co.
Welder Exploration & Prod., Inc.
Welderxp LTD.
Wofford, C. J.
Zachry Exploration, LLC
Zinn Petroleum Co.

Owners of Krause

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025PALEO OIL CO LLCKRAUSE #1PALEO OIL COMP
2025PALEO OIL CO LLCKRAUSE #2PALEO OIL COMP
2025HANDY PAULA EDITHKRAUSE #2PALEO OIL COMP
2025HANDY PAULA EDITHKRAUSE #1PALEO OIL COMP
2025OLSEN LISA ANNKRAUSE #2PALEO OIL COMP
2025OLSEN PAUL KRISTENKRAUSE #2PALEO OIL COMP
2025TAFT ROYALTY COMPANY LLCKRAUSE #2PALEO OIL COMP
2025WELDER C CLARKKRAUSE #2PALEO OIL COMP
Displaying 8 of 18 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
02-272581KRAUSE 1Feb 2025PALEO OIL COMPANY LLC
02-272581KRAUSE 1Jan 2025PALEO OIL COMPANY LLC
02-272581KRAUSE 1Dec 2024PALEO OIL COMPANY LLC
02-272581KRAUSE 1Nov 2024PALEO OIL COMPANY LLC
02-272581KRAUSE 1Sep 2024PALEO OIL COMPANY LLC
02-272581KRAUSE 1Aug 2024PALEO OIL COMPANY LLC
02-272581KRAUSE 1Jul 2024PALEO OIL COMPANY LLC
02-272581KRAUSE 1Jun 2024PALEO OIL COMPANY LLC
02-272581KRAUSE 1Apr 2024PALEO OIL COMPANY LLC
02-272581KRAUSE 1Feb 2024PALEO OIL COMPANY LLC
02-272581KRAUSE 1Jan 2024PALEO OIL COMPANY LLC
02-272581KRAUSE 1May 2022WELDERXP LTD.
02-272581KRAUSE 1Apr 2022WELDERXP LTD.
02-272581KRAUSE 1Mar 2022WELDERXP LTD.
02-272581KRAUSE 1Feb 2022WELDERXP LTD.
02-272581KRAUSE 1Jan 2022WELDERXP LTD.
02-272581KRAUSE 1Dec 2021WELDERXP LTD.
02-272581KRAUSE 1Oct 2021WELDERXP LTD.
02-272581KRAUSE 1Sep 2021WELDERXP LTD.
02-272581KRAUSE 1Aug 2021WELDERXP LTD.
02-09373KRAUSEJul 2021WELDERXP LTD.
02-09373KRAUSEJun 2021WELDERXP LTD.
02-09373KRAUSEMay 2021WELDERXP LTD.
02-09373KRAUSEApr 2021WELDERXP LTD.
02-09373KRAUSEMar 2021WELDERXP LTD.