T.J.M. OL

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 156533District 03Field 347335002 tax incentive programmesCondensateGasSaveExport
Value, all time
$12.1 M
Aug 1995 – May 2026
Value, last 12 filed months
$114 k
at the published price for each month
Months reported
370
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 Gas221996-01-11 – 2013-04-082 dockets
NGPA2none

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
CondensateDisposition35,253 bbl$1,583,270
GasProduction3,833,912 Mcf$10,482,636
Total$12,065,906

1,019,413 Mcf of this lease's gas, across 17 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 30.3955, -96.2415. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.39553, -96.24152 · 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
16,639 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 16,639 ft.

Completions filed
Apr 2010
1 of 1 wells

1 well

42-041318611H16,639 ftApr 2010

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 (370)

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

370 months

May 202602,374106.413.05$7,231
Apr 202602,23498.932.87$6,411
Mar 202602,61689.753.15$8,239
Feb 202622,88663.503.75$10,950
Jan 202601,52559.138.00$12,197
Dec 202522,64656.664.41$11,791
Nov 202502,68658.593.93$10,546
Oct 20251602,80359.383.30$18,764
Sep 202502,72762.743.08$8,391
Aug 202502,13163.933.01$6,424
Jul 202511,68566.743.32$5,653
Jun 202502,50266.483.13$7,828
May 202502,53060.553.23$8,178
Apr 202512,71562.363.54$9,682
Mar 202503,44967.704.27$14,721
Feb 202504,43270.884.34$19,239
Jan 2025095874.324.28$4,099
Dec 202401,20768.993.12$3,767
Nov 202402,27869.052.20$5,008
Oct 20241772,63271.372.28$18,637
Sep 202402,60969.612.36$6,169
Aug 202402,93175.632.06$6,049
Jul 202412,46479.932.15$5,369
Jun 202402,61478.082.63$6,885
May 202403,83278.812.20$8,424
Apr 202401,19884.451.66$1,988
Mar 202402,88880.301.55$4,462
Feb 202402,69076.091.78$4,798
Jan 202402,88873.023.30$9,524
Dec 20231842,95471.262.61$20,824
Nov 202302,77577.892.81$7,791
Oct 202302,85885.443.09$8,823
Sep 202302,47989.042.74$6,780
Aug 202302,92080.522.67$7,805
Jul 202312,99474.852.64$7,984
Jun 202302,89768.962.26$6,543
May 202323,13370.622.23$7,120
Apr 202302,96078.122.24$6,624
Mar 202313,16372.852.39$7,642
Feb 202322,75375.112.47$6,938
Jan 20231883,10076.533.39$24,890
Dec 202213,01176.415.73$17,327
Nov 202203,16785.005.65$17,882
Oct 202213,42887.185.86$20,188
Sep 202202,78884.888.16$22,760
Aug 202202,88794.529.13$26,350
Jul 202203,405101.587.54$25,681
Jun 202212,746115.097.98$22,020
May 20221883,113109.378.43$46,814
Apr 202203,469104.226.84$23,720
Mar 202203,205108.885.08$16,270
Feb 202202,74191.054.86$13,318
Jan 202212,96681.844.54$13,541
Dec 202102,86371.323.90$11,163
Nov 202103,22477.435.24$16,884
Oct 20211863,32579.795.71$33,840
Sep 202102,87869.865.35$15,400
Aug 202102,91766.024.22$12,311
Jul 202104,09570.783.98$16,307
Jun 202102,73869.493.38$9,256
May 202103,57563.483.02$10,788
Apr 202102,11660.362.76$5,837
Mar 20211913,34561.302.72$20,796
Feb 202102,58057.805.55$14,314
Jan 202102,96750.412.81$8,338
Dec 202003,61244.642.68$9,664
Nov 202004,34338.772.71$11,755
Oct 202003,51336.972.48$8,707
Sep 202002,80137.091.99$5,577
Aug 202003,21739.982.39$7,673
Jul 202002,68638.371.83$4,902
Jun 202002,96034.901.69$5,003
May 20201784,41916.921.81$11,031
Apr 202013,25214.751.80$5,883
Mar 202003,31430.341.86$6,152
Feb 202003,02149.881.98$5,984
Jan 202002,60157.252.09$5,448
Dec 201902,21359.012.30$5,100
Nov 201903,19555.302.75$8,788
Oct 201904,10153.472.42$9,918
Sep 201905,33055.052.66$14,163
Aug 20191823,85153.112.30$18,540
Jul 201903,71256.272.46$9,132
Jun 201903,19552.782.49$7,959
May 201902,87058.482.74$7,865
Apr 201902,31462.632.75$6,365
Mar 201902,60256.803.06$7,968
Feb 201903,01050.852.79$8,405
Jan 201903,42546.033.23$11,057
Dec 201804,02346.594.19$16,838
Nov 20181905,99952.934.24$35,476
Oct 201806,47961.443.40$22,016
Sep 201802,77759.543.11$8,631
Aug 201803,04959.403.07$9,350
Jul 201803,54865.142.93$10,402
Jun 201803,31060.183.08$10,185
May 201802,92165.382.90$8,473
Apr 201802,36263.842.90$6,852
Mar 20181844,17961.222.79$22,911
Feb 201803,70961.782.77$10,260
Jan 201801,90962.874.01$7,654
Dec 201704,74357.272.92$13,857
Nov 20171805,14255.423.12$26,010
Oct 201705,95749.292.98$17,774
Sep 201706,01347.523.09$18,564
Aug 201702,52645.373.00$7,589
Jul 201702,73743.873.09$8,450
Jun 201702,46442.493.09$7,607
May 201703,12945.373.26$10,211
Apr 201704,55247.933.21$14,619
Mar 201707,16546.772.98$21,378
Feb 20171969,13350.452.95$36,854
Jan 2017014,83749.413.42$50,725
Dec 201605,82748.763.72$21,693
Nov 201606,27742.492.64$16,599
Oct 20161945,03346.193.09$24,514
Sep 201603,64341.553.10$11,296
Aug 201604,74441.442.92$13,873
Jul 201604,56641.622.92$13,353
Jun 201604,02145.352.69$10,800
May 201604,48042.521.99$8,920
Apr 201604,59436.561.99$9,147
Mar 20161935,02233.011.79$15,380
Feb 20163405,68826.472.06$20,738
Jan 201603,37027.352.36$7,968
Dec 201504,54632.362.00$9,098
Nov 201504,17438.792.17$9,046
Oct 201505,07543.552.43$12,315
Sep 201505,19842.992.76$14,338
Aug 201504,50040.162.87$12,926
Jul 201505,00048.152.95$14,725
Jun 201505,68156.152.88$16,378
May 201506,79955.212.96$20,094
Apr 201506,54249.822.71$17,706
Mar 2015011,79542.892.93$34,615
Feb 201506,86144.662.98$20,420
Jan 201507,48343.433.10$23,202
Dec 201407,42954.693.59$26,680
Nov 201407,99270.464.25$33,981
Oct 201407,75978.303.90$30,268
Sep 201406,23286.164.05$25,211
Aug 20141746,63489.394.04$42,323
Jul 201407,98396.564.18$33,366
Jun 201407,36498.164.74$34,882
May 201407,75194.734.73$36,636
Apr 201419510,44395.944.81$68,930
Mar 2014011,11195.895.06$56,186
Feb 2014013,71997.406.19$84,948
Jan 201419310,10890.404.86$66,579
Dec 2013010,68391.824.35$46,519
Nov 201307,19588.853.74$26,897
Oct 201308,45197.423.78$31,939
Sep 2013012,311104.113.72$45,769
Aug 201319314,546104.253.52$71,360
Jul 2013012,830102.523.72$47,699
Jun 201319414,18594.403.93$74,109
May 201309,46294.834.15$39,259
Apr 201307,57393.964.28$32,432
Mar 201319810,63693.623.91$60,154
Feb 201309,63491.233.42$32,947
Jan 2013010,30691.603.42$35,246
Dec 201218610,57686.773.42$52,311
Nov 2012015,24986.953.62$55,277
Oct 201219414,46289.383.40$66,506
Sep 2012015,81494.672.92$46,152
Aug 2012017,63592.662.91$51,285
Jul 201219317,22385.133.02$68,457
Jun 2012017,33779.822.52$43,673
May 2012018,99691.612.49$47,268
Apr 201219219,033101.652.00$57,522
Mar 201218321,315105.052.22$66,588
Feb 2012021,360101.102.57$54,900
Jan 201219823,28098.092.73$83,071
Dec 201119224,72996.873.24$98,715
Nov 2011025,82995.723.31$85,527
Oct 201118628,27084.983.65$118,951
Sep 201119529,96483.623.99$135,736
Aug 201119532,43783.404.15$150,854
Jul 201137235,47794.144.52$195,278
Jun 201137737,30592.904.64$208,114
May 201139140,44898.134.40$216,535
Apr 201138440,792105.964.33$217,452
Mar 201154646,48296.364.06$241,206
Feb 201118447,66185.644.18$214,980
Jan 201156660,51086.504.59$326,626
Dec 201055068,34785.734.35$344,307
Nov 201055277,78480.843.80$339,840
Oct 201074293,34978.103.51$385,502
Sep 2010711122,39972.633.98$538,723
Aug 2010879146,21273.684.42$710,928
Jul 20101,392157,04772.554.74$844,841
Jun 20101,164155,57670.364.91$845,839
May 2010714138,85371.124.24$638,853
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 200927061.133.46$1,651
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040239.866.75$14
Nov 200405645.286.33$355
Oct 2004016049.706.52$1,042
Sep 200408743.245.28$460
Aug 2004079442.375.55$4,407
Jul 2004045838.286.08$2,787
Jun 200402336.106.43$148
May 200405837.486.49$377
Apr 200402534.475.86$146
Mar 200404134.365.53$227
Feb 200401432.455.51$77
Jan 200401232.036.30$76
Dec 200302730.266.30$170
Nov 200301128.804.60$51
Oct 200302028.174.76$95
Sep 200301226.314.75$57
Aug 200301129.765.13$56
Jul 200301429.415.17$72
Jun 200301228.565.98$72
May 200301726.595.97$102
Apr 200302226.675.41$119
Mar 200301531.146.10$91
Feb 2003752233.487.93$2,685
Jan 200301630.315.58$89
Dec 200202626.914.85$126
Nov 200205624.664.14$232
Oct 200201,03826.464.23$4,390
Sep 2002026827.443.64$974
Aug 200201325.963.16$41
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 2002075424.663.58$2,702
Apr 2002093823.653.51$3,295
Mar 200201,59322.003.10$4,943
Feb 200219552418.222.38$4,798
Jan 2002064417.172.38$1,530
Dec 200101,26516.932.36$2,991
Nov 2001099118.072.41$2,384
Oct 200102,01719.782.53$5,101
Sep 200101,65824.262.25$3,733
Aug 20011621,93924.873.05$9,949
Jul 200103,48023.933.20$11,126
Jun 200105,14124.563.82$19,660
May 200103,28025.524.31$14,128
Apr 20011503,87124.685.34$24,355
Mar 200102,59124.545.38$13,930
Feb 200101,21127.755.77$6,984
Jan 20011793,49827.478.40$34,296
Dec 200007,40426.889.12$67,543
Nov 200003,78932.215.66$21,438
Oct 200002,35931.235.15$12,138
Sep 20001643,86531.875.19$25,273
Aug 200002,89929.644.54$13,164
Jul 200003,26928.534.09$13,369
Jun 200003,70229.304.40$16,279
May 20001653,28327.263.68$16,579
Apr 200005,23824.513.12$16,322
Mar 200004,04928.422.86$11,579
Feb 20001814,64327.622.73$17,658
Jan 200006,31425.272.48$15,662
Dec 19991789,03024.282.42$26,208
Nov 199901,74923.192.43$4,257
Oct 199905,05220.982.80$14,164
Sep 199907,76321.752.62$20,330
Aug 19991747,07019.262.88$23,682
Jul 199905,33317.892.37$12,652
Jun 19991907,59915.942.36$20,978
May 199906,73515.792.32$15,632
Apr 19991825,40015.102.21$14,672
Mar 199909,35012.471.84$17,188
Feb 1999010,8149.981.82$19,658
Jan 19991934,68110.381.90$10,897
Dec 199806,1659.201.77$10,933
Nov 199805,30710.892.19$11,600
Oct 19981766,46312.421.97$14,913
Sep 19981816,65412.592.08$16,137
Aug 199807,64011.301.91$14,572
Jul 19981129,12811.742.24$21,737
Jun 19981698,88311.242.24$21,773
May 19981739,48612.622.21$23,113
Apr 19981958,13313.042.51$22,919
Mar 199808,94912.802.31$20,667
Feb 19981598,25513.952.30$21,197
Jan 199833510,41814.702.15$27,373
Dec 1997011,70716.322.41$28,227
Nov 199720111,58618.193.09$39,437
Oct 199719812,15419.253.15$42,094
Sep 199719412,42717.742.95$40,162
Aug 199720013,46817.862.55$37,979
Jul 199718914,86617.582.25$36,726
Jun 199719215,22717.242.26$37,680
May 199735917,83018.972.31$47,971
Apr 199719216,71417.882.08$38,245
Mar 199719218,72418.951.94$39,947
Feb 199737822,19920.492.21$56,714
Jan 199739523,10923.483.54$91,074
Dec 199638922,66723.32$9,071
Nov 199619023,93221.97$4,174
Oct 199639125,43723.31$9,114
Sep 199619727,38722.22$4,377
Aug 199647730,72320.26$9,664
Jul 199639233,84719.55$7,664
Jun 199658937,24218.73$11,032
May 199676942,47119.43$14,942
Apr 199679450,87721.51$17,079
Mar 199680151,26819.38$15,523
Feb 199675961,84516.98$12,888
Jan 199693475,67717.07$15,943
Dec 199578854,38217.19$13,546
Nov 19951,17989,02816.00$18,864
Oct 19951,820126,53815.43$28,083
Sep 19952,384182,50716.18$38,573
Aug 199528183,58515.92$4,474

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                2,374 Mcf  × $  3.05 =     $7,231

────────────────────────────────────────────────────
Month total                                   $7,231

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/156533 is the state's own key, not one this site invented.