TLM CULWELL
TLM CULWELL is a Texas oil lease in Jones County, Railroad Commission district 7B, operated by B & G Energy Corporation. It has 3 wellbores on file with the Commission. Reported production runs from November 2003 to August 2026, totalling 13,819 barrels. 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 $41K, with roughly $8K 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 6 barrels a month, about 2 per wellbore. Its strongest month on the record we hold was February 2019, at 114 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 TLM CULWELL
- Who operates TLM CULWELL?
- TLM CULWELL is operated by B & G Energy Corporation, Railroad Commission of Texas operator number 040403.
- Where is TLM CULWELL?
- TLM CULWELL is a Texas oil lease in Jones County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 29313.
- Is TLM CULWELL still producing?
- TLM CULWELL is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TLM CULWELL is August 2026.
- How much has TLM CULWELL produced?
- TLM CULWELL has reported 13,819 barrels of oil (bbl) to the Railroad Commission of Texas between November 2003 and August 2026, from 3 wellbores.
- How much is TLM CULWELL worth?
- The remaining production from TLM CULWELL is estimated to be worth about $41K in total as of 27 August 2026, within a range of $0 to $82K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TLM CULWELL is a fraction of it. The estimate fits an Arps decline curve to the production TLM CULWELL has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TLM CULWELL is an estimate of value, not an offer and not an appraisal.
- How much income does TLM CULWELL generate in a year?
- TLM CULWELL is forecast to net about $8K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in TLM CULWELL receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | B & G Energy Corporation |
|---|---|
| Field | Griffin |
| County | Jones County, Texas |
| RRC district | 7B |
| Lease number | 29313 |
| Wellbores | 3 |
| Reported production | 13,819 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $41K |
Where TLM CULWELL 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.