Ownership Submission
FORM 3
 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  Krog George William Jr
 2. Date of Event Requiring Statement (Month/Day/Year)
09/09/2011		 3. Issuer Name and Ticker or Trading Symbol
ABRAXAS PETROLEUM CORP [AXAS]
(Last)
(First)
(Middle)
18803 MEISNER DRIVE		 4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Chief Accounting Officer
 5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

SAN ANTONIO, TX 78258		 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)		 2. Amount of Securities Beneficially Owned
(Instr. 4)		 3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)		 4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Abraxas Petroleum Common Stock 25,134
D
 
Abraxas Petroleum Common Stock 2,739
I
401-K

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)		 2. Date Exercisable and Expiration Date
(Month/Day/Year)		 3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)		 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)		 6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option 04/24/2007 04/24/2013 Abraxas Petroleum Common Stock 2,500 $ 0.68 D  
Employee Stock Option 09/23/2009 09/23/2015 Abraxas Petroleum Common Stock 25,000 $ 4.59 D  
Employee Stock Option 03/24/2010 02/24/2016 Abraxas Petroleum Common Stock 5,000 $ 6.05 D  
Employee Stock Option 08/28/2011 08/28/2017 Abraxas Petroleum Common Stock 8,829 $ 3.6 D  
Employee Stock Option 03/17/2010(1) 03/17/2019 Abraxas Petroleum Common Stock 10,000 $ 0.99 D  
Employee Stock Option 10/05/2010(1) 10/05/2019 Abraxas Petroleum Common Stock 26,775 $ 1.75 D  
Employee Stock Option 03/16/2011(1) 03/16/2020 Abraxas Petroleum Common Stock 12,700 $ 2.09 D  
Employee Stock Option 03/15/2012(1) 03/15/2021 Abraxas Petroleum Common Stock 10,000 $ 4.72 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Krog George William Jr
18803 MEISNER DRIVE
SAN ANTONIO, TX 78258		       Chief Accounting Officer  

Signatures

G. William Krog, Jr. 09/14/2011
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Options vest 25% per year beginning one year from date of grant.

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