JOHNSON-KELLN 148/205 A
JOHNSON-KELLN 148/205 A is a Texas gas lease in Lipscomb County, Railroad Commission district 10, operated by Mewbourne Oil Company. It has 1 wellbore on file with the Commission. Reported production runs from October 2025 to August 2026, totalling 271,311 thousand cubic feet. 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 $32.2M, with roughly $6.9M 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 34,224 thousand cubic feet a month. Its strongest month on the record we hold was December 2025, at 44,076 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 18% 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 JOHNSON-KELLN 148/205 A
- Who operates JOHNSON-KELLN 148/205 A?
- JOHNSON-KELLN 148/205 A is operated by Mewbourne Oil Company, Railroad Commission of Texas operator number 562560.
- Where is JOHNSON-KELLN 148/205 A?
- JOHNSON-KELLN 148/205 A is a Texas gas lease in Lipscomb County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 300827.
- Is JOHNSON-KELLN 148/205 A still producing?
- JOHNSON-KELLN 148/205 A is currently producing. The most recent month of production reported to the Railroad Commission of Texas for JOHNSON-KELLN 148/205 A is August 2026.
- How much has JOHNSON-KELLN 148/205 A produced?
- JOHNSON-KELLN 148/205 A has reported 271,311 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between October 2025 and August 2026, from 1 wellbore.
- How much is JOHNSON-KELLN 148/205 A worth?
- The remaining production from JOHNSON-KELLN 148/205 A is estimated to be worth about $32.2M in total as of 27 August 2026, within a range of $26.4M to $38.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JOHNSON-KELLN 148/205 A is a fraction of it. The estimate fits an Arps decline curve to the production JOHNSON-KELLN 148/205 A has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for JOHNSON-KELLN 148/205 A is an estimate of value, not an offer and not an appraisal.
- How much income does JOHNSON-KELLN 148/205 A generate in a year?
- JOHNSON-KELLN 148/205 A is forecast to net about $6.9M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in JOHNSON-KELLN 148/205 A receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Mewbourne Oil Company |
|---|---|
| Field | Lipscomb (Cleveland) |
| County | Lipscomb County, Texas |
| RRC district | 10 |
| Lease number | 300827 |
| Wellbores | 1 |
| Reported production | 271,311 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $32.2M |
Where JOHNSON-KELLN 148/205 A 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.