T.M.P.A.

Operated by MAGNOLIA OIL & GAS OPERATING LLC (P-5 521544) in the GIDDINGS (AUSTIN CHALK-3) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 151503District 03Field 347335002 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.5 M
Sep 1994 – May 2026
Value, last 12 filed months
$13 k
at the published price for each month
Months reported
381
no gaps in the span
Streams
2
condensate, gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 5,900 leases and 6,985 wells, and the rule below applies to all of them.

Discovered
1960-10-29
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2025-09-30.

The Commission's schedule remark for this field reads: DKT OG-25-00028011: UFT FIELD, ALLOCATION FORMULA SUSPENDED

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas111994-11-14131005
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
CondensateDisposition249,298 bbl$4,721,542
GasProduction1,779,829 Mcf$1,800,889
Total$6,522,431

1,274,757 Mcf of this lease's gas, across 27 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 30.5322, -96.1330. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.53220, -96.13302 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
15,215 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 15,215 ft.

Completions filed
Sep 1994
1 of 1 wells

1 well

42-185304501H15,215 ftSep 1994

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (381)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

381 months

May 2026019106.413.05$58
Apr 202606898.932.87$195
Mar 20260089.753.15$0
Feb 202609063.503.75$338
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 202506758.593.93$263
Oct 202515214359.383.30$9,498
Sep 2025031162.743.08$957
Aug 2025041163.933.01$1,239
Jul 202505866.743.32$192
Jun 2025017566.483.13$548
May 2025031360.553.23$1,012
Apr 2025035862.363.54$1,268
Mar 2025051567.704.27$2,198
Feb 2025025970.884.34$1,124
Jan 2025022474.324.28$958
Dec 2024033568.993.12$1,046
Nov 202408169.052.20$178
Oct 2024036471.372.28$830
Sep 2024038669.612.36$913
Aug 2024030875.632.06$636
Jul 202403479.932.15$73
Jun 2024039478.082.63$1,038
May 202407778.812.20$169
Apr 2024036584.451.66$606
Mar 2024036280.301.55$559
Feb 2024040076.091.78$713
Jan 2024042173.023.30$1,388
Dec 2023035971.262.61$937
Nov 2023030677.892.81$859
Oct 2023025485.443.09$784
Sep 2023025789.042.74$703
Aug 2023013080.522.67$347
Jul 2023030574.852.64$806
Jun 2023032968.962.26$743
May 2023029770.622.23$662
Apr 2023021078.122.24$470
Mar 2023024172.852.39$577
Feb 2023138275.112.47$1,017
Jan 2023033476.533.39$1,132
Dec 2022042876.415.73$2,452
Nov 202219047485.005.65$18,826
Oct 2022056587.185.86$3,313
Sep 2022027484.888.16$2,237
Aug 2022025794.529.13$2,346
Jul 20220365101.587.54$2,753
Jun 20220361115.097.98$2,880
May 20220330109.378.43$2,783
Apr 20220289104.226.84$1,976
Mar 20220296108.885.08$1,503
Feb 2022021691.054.86$1,050
Jan 2022040281.844.54$1,824
Dec 2021036471.323.90$1,419
Nov 2021031577.435.24$1,650
Oct 2021042579.795.71$2,428
Sep 2021041469.865.35$2,215
Aug 2021041466.024.22$1,747
Jul 2021037070.783.98$1,473
Jun 2021017569.493.38$592
May 2021044363.483.02$1,337
Apr 202119535960.362.76$12,760
Mar 2021051661.302.72$1,402
Feb 2021041957.805.55$2,325
Jan 2021071250.412.81$2,001
Dec 2020078944.642.68$2,111
Nov 2020043938.772.71$1,188
Oct 20201891,17936.972.48$9,909
Sep 202001,60637.091.99$3,198
Aug 20201921,29139.982.39$10,755
Jul 202001,56838.371.83$2,862
Jun 202001,81434.901.69$3,066
May 20201692,03316.921.81$6,549
Apr 2020992,15914.751.80$5,356
Mar 20201392,95030.341.86$9,693
Feb 20201863,37949.881.98$15,970
Jan 20201883,80957.252.09$18,742
Dec 20191916,19459.012.30$25,544
Nov 20193906,76355.302.75$40,170
Oct 201938610,16153.472.42$45,214
Sep 201976810,86855.052.66$71,158
Aug 20195758,34753.112.30$49,773
Jul 20190056.272.46$0
Jun 2019079552.782.49$1,981
May 2019072958.482.74$1,998
Apr 2019034162.632.75$938
Mar 2019018056.803.06$551
Feb 2019024150.852.79$673
Jan 2019022046.033.23$710
Dec 2018031546.594.19$1,318
Nov 20180352.934.24$13
Oct 2018015061.443.40$510
Sep 2018027259.543.11$845
Aug 2018030559.403.07$935
Jul 2018038965.142.93$1,141
Jun 2018016460.183.08$505
May 2018023565.382.90$682
Apr 2018029063.842.90$841
Mar 2018033661.222.79$936
Feb 2018024561.782.77$678
Jan 2018026362.874.01$1,054
Dec 2017037357.272.92$1,090
Nov 2017045055.423.12$1,403
Oct 2017038949.292.98$1,161
Sep 2017050347.523.09$1,553
Aug 2017046845.373.00$1,406
Jul 2017054543.873.09$1,683
Jun 2017035742.493.09$1,102
May 2017036045.373.26$1,175
Apr 2017043547.933.21$1,397
Mar 2017039446.772.98$1,176
Feb 2017041150.452.95$1,214
Jan 2017053949.413.42$1,843
Dec 201604048.763.72$149
Nov 201606542.492.64$172
Oct 201602946.193.09$90
Sep 2016019941.553.10$617
Aug 201605741.442.92$167
Jul 2016017941.622.92$523
Jun 2016038845.352.69$1,042
May 2016023942.521.99$476
Apr 20160036.561.99$0
Mar 201603333.011.79$59
Feb 2016050926.472.06$1,050
Jan 2016047327.352.36$1,118
Dec 2015042632.362.00$853
Nov 201572038.792.17$2,793
Oct 20150043.552.43$0
Sep 2015192042.992.76$8,254
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 2015030356.152.88$874
May 2015043355.212.96$1,280
Apr 2015052349.822.71$1,416
Mar 2015074642.892.93$2,189
Feb 20150044.662.98$0
Jan 2015050243.433.10$1,557
Dec 2014058954.693.59$2,115
Nov 2014060170.464.25$2,555
Oct 2014049378.303.90$1,923
Sep 2014065486.164.05$2,646
Aug 2014070489.394.04$2,841
Jul 2014066896.564.18$2,792
Jun 2014069698.164.74$3,297
May 2014070894.734.73$3,346
Apr 2014087695.944.81$4,213
Mar 2014014395.895.06$723
Feb 2014060297.406.19$3,728
Jan 2014068690.404.86$3,334
Dec 2013069091.824.35$3,005
Nov 2013070688.853.74$2,639
Oct 2013078697.423.78$2,971
Sep 2013182753104.113.72$21,747
Aug 20130885104.253.52$3,118
Jul 20130899102.523.72$3,342
Jun 2013077194.403.93$3,033
May 2013080194.834.15$3,323
Apr 2013069293.964.28$2,964
Mar 2013091893.623.91$3,592
Feb 201319552791.233.42$19,592
Jan 2013091891.603.42$3,139
Dec 2012095086.773.42$3,249
Nov 2012099186.953.62$3,592
Oct 201201,03389.383.40$3,512
Sep 201201,17294.672.92$3,420
Aug 20121771,23192.662.91$19,981
Jul 201201,21885.133.02$3,679
Jun 201201,24779.822.52$3,141
May 201201,41391.612.49$3,516
Apr 20121881,508101.652.00$22,121
Mar 201201,607105.052.22$3,571
Feb 20122021,505101.102.57$24,290
Jan 201201,67098.092.73$4,566
Dec 201101,25796.873.24$4,072
Nov 201101,88595.723.31$6,242
Oct 20111931,82884.983.65$23,071
Sep 201101,63783.623.99$6,525
Aug 201101,62383.404.15$6,734
Jul 201101,58494.144.52$7,155
Jun 20111881,26592.904.64$23,335
May 201101,26898.134.40$5,585
Apr 201102,649105.964.33$11,479
Mar 20111982,29096.364.06$28,371
Feb 201102,01285.644.18$8,410
Jan 201101,60386.504.59$7,356
Dec 20101961,89485.734.35$25,038
Nov 201001,59580.843.80$6,054
Oct 20101961,12878.103.51$19,266
Sep 2010085072.633.98$3,383
Aug 2010043773.684.42$1,931
Jul 2010041572.554.74$1,966
Jun 201019441270.364.91$15,673
May 2010050371.124.24$2,130
Apr 2010011781.694.12$482
Mar 2010021678.394.39$948
Feb 2010080473.585.44$4,376
Jan 2010054474.365.96$3,244
Dec 200919761371.445.48$17,435
Nov 2009055174.593.75$2,067
Oct 2009055072.544.11$2,261
Sep 2009039665.543.06$1,214
Aug 2009054867.423.22$1,764
Jul 2009045761.133.46$1,583
Jun 200919749466.163.90$14,958
May 2009059154.743.93$2,320
Apr 2009063346.773.59$2,271
Mar 2009261942.144.06$2,597
Feb 200918657832.814.63$8,781
Jan 2009057335.865.37$3,078
Dec 2008045837.105.98$2,738
Nov 2008029555.496.86$2,024
Oct 20082940975.246.92$5,013
Sep 2008137322101.767.88$16,478
Aug 2008143467114.228.48$20,295
Jul 20080440131.0811.39$5,011
Jun 20080617131.3313.03$8,041
May 20080559123.1711.57$6,470
Apr 20080671110.3110.45$7,015
Mar 2008202607101.909.66$26,450
Feb 2008062992.538.77$5,517
Jan 2008064190.388.21$5,260
Dec 2007189888.337.30$6,646
Nov 200715292691.677.29$20,686
Oct 2007186682.856.92$6,077
Sep 2007073575.846.24$4,589
Aug 20079084169.066.39$11,588
Jul 2007165270.906.39$4,236
Jun 2007064762.007.55$4,884
May 200712670658.747.85$12,941
Apr 2007077959.617.81$6,080
Mar 200711965756.927.30$11,571
Feb 2007168855.108.22$5,708
Jan 200719940550.306.73$12,734
Dec 2006065456.656.92$4,525
Nov 2006081154.207.62$6,178
Oct 2006074854.906.01$4,498
Sep 2006187760.085.04$4,478
Aug 200615180968.717.34$16,313
Jul 2006079369.376.34$5,030
Jun 20067858666.286.38$8,911
May 2006053166.016.42$3,412
Apr 2006050764.397.36$3,732
Mar 200619258656.707.08$15,037
Feb 2006078557.597.75$6,085
Jan 200620145260.598.93$16,216
Dec 2005049454.9413.42$6,627
Nov 2005055754.6910.59$5,898
Oct 2005028358.3413.80$3,904
Sep 2005069561.4512.08$8,395
Aug 20051611,01961.519.80$19,886
Jul 2005099255.697.84$7,781
Jun 20051831,23052.337.38$18,655
May 200521,14145.226.65$7,679
Apr 20051981,34649.207.36$19,649
Mar 200501,38150.377.15$9,881
Feb 20052001,05145.226.31$15,678
Jan 2005097743.166.32$6,177
Dec 200420174839.866.75$13,062
Nov 2004057945.286.33$3,665
Oct 200401,00649.706.52$6,554
Sep 20041991,10143.245.28$14,422
Aug 200401,14542.375.55$6,356
Jul 20041991,16338.286.08$14,694
Jun 200401,22536.106.43$7,880
May 20041991,50837.486.49$17,252
Apr 20041901,44334.475.86$15,003
Mar 200401,26934.365.53$7,018
Feb 20041971,40032.455.51$14,106
Jan 200401,26832.036.30$7,988
Dec 20032001,80630.266.30$17,433
Nov 200301,39928.804.60$6,429
Oct 20031781,68928.174.76$13,053
Sep 20031921,63126.314.75$12,798
Aug 200301,94029.765.13$9,952
Jul 20031682,22029.415.17$16,420
Jun 200302,06828.565.98$12,373
May 20032052,23426.595.97$18,794
Apr 20031842,29526.675.41$17,317
Mar 20031842,27231.146.10$19,580
Feb 200301,97233.487.93$15,630
Jan 20031842,42930.315.58$19,136
Dec 20021832,34426.914.85$16,302
Nov 20021831,91224.664.14$12,423
Oct 200202,13926.464.23$9,046
Sep 20021781,99327.443.64$12,129
Aug 20021742,39425.963.16$12,092
Jul 20021782,46024.583.06$11,907
Jun 200202,69823.733.34$9,007
May 20021742,78424.663.58$14,269
Apr 20021812,54923.653.51$13,234
Mar 20021793,07422.003.10$13,476
Feb 20021792,53218.222.38$9,277
Jan 20021793,01717.172.38$10,241
Dec 20013602,48216.932.36$11,963
Nov 20011842,88718.072.41$10,270
Oct 20011773,52319.782.53$12,410
Sep 20011802,91424.262.25$10,927
Aug 20011782,40924.873.05$11,782
Jul 20011812,41423.933.20$12,049
Jun 20011801,96024.563.82$11,916
May 20013532,07725.524.31$17,955
Apr 20011821,59124.685.34$12,980
Mar 20011842,03024.545.38$15,430
Feb 20013601,81627.755.77$20,463
Jan 20013661,94727.478.40$26,406
Dec 20001872,15926.889.12$24,722
Nov 20001851,19732.215.66$12,731
Oct 200001,59831.235.15$8,223
Sep 20001812,48931.875.19$18,678
Aug 20001812,72929.644.54$17,757
Jul 200002,98528.534.09$12,208
Jun 20001822,60329.304.40$16,779
May 20003322,76927.263.68$19,240
Apr 20001772,99824.513.12$13,680
Mar 200015789828.422.86$7,030
Feb 20003563,90327.622.73$20,474
Jan 20001852,09025.272.48$9,859
Dec 199901,50324.282.42$3,643
Nov 19993645,14023.192.43$20,952
Oct 19993582,63220.982.80$14,890
Sep 19991792,02121.752.62$9,186
Aug 19991672,21919.262.88$9,597
Jul 19993541,70617.892.37$10,380
Jun 19991791,85115.942.36$7,226
May 19991801,70215.792.32$6,793
Apr 19993502,06515.102.21$9,845
Mar 19991801,70812.471.84$5,384
Feb 19991931,7599.981.82$5,124
Jan 19993542,08010.381.90$7,626
Dec 19983692,3739.201.77$7,603
Nov 19982152,07810.892.19$6,883
Oct 19983362,18612.421.97$8,478
Sep 19981812,53412.592.08$7,556
Aug 19981812,88811.301.91$7,554
Jul 19983323,37311.742.24$11,444
Jun 19985253,54711.242.24$13,837
May 19983633,80412.622.21$12,974
Apr 19983433,36813.042.51$12,911
Mar 19983353,65512.802.31$12,729
Feb 19985163,55913.952.30$15,381
Jan 19983623,88314.702.15$13,688
Dec 19973723,93116.322.41$15,549
Nov 19975203,85418.193.09$21,361
Oct 19978667,72019.253.15$40,987
Sep 19973514,29917.742.95$18,930
Aug 19978395,70417.862.55$29,557
Jul 19971,0363,73217.582.25$26,598
Jun 19974963,71517.242.26$16,937
May 19977524,99218.972.31$25,789
Apr 19979787,08717.882.08$32,247
Mar 19971,35710,79018.951.94$46,638
Feb 19973,04428,70820.492.21$125,699
Jan 19972,47929,46723.483.54$162,511
Dec 19963,02422,79323.32$70,520
Nov 19963,24429,88221.97$71,271
Oct 19963,18725,43523.31$74,289
Sep 19965,01157,25322.22$111,344
Aug 19960020.26$0
Jul 19961,22712,40019.55$23,988
Jun 19962,29923,23718.73$43,060
May 19962,45923,28519.43$47,778
Apr 19962,51822,42421.51$54,162
Mar 19962,69230,18319.38$52,171
Feb 19962,85230,92416.98$48,427
Jan 19963,57029,73317.07$60,940
Dec 19954,08230,69717.19$70,170
Nov 19954,78636,26816.00$76,576
Oct 19955,75143,11915.43$88,738
Sep 19954,51235,14816.18$73,004
Aug 19955,59233,08415.92$89,025
Jul 19955,51735,16915.24$84,079
Jun 19955,96935,11316.41$97,951
May 19957,19038,47517.56$126,256
Apr 19956,39339,80917.73$113,348
Mar 19959,67152,16916.44$158,991
Feb 199511,05860,06616.58$183,342
Jan 199514,14674,71015.92$225,204
Dec 199416,61181,55715.03$249,663
Nov 199421,802119,39715.90$346,652
Oct 199423,273109,92315.58$362,593
Sep 199431,847142,50415.29$486,941

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

May 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                   19 Mcf  × $  3.05 =        $58

────────────────────────────────────────────────────
Month total                                      $58

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 03/G/151503 is the state's own key, not one this site invented.