JOHNSTON ENTERPRISES DIM

JOHNSTON ENTERPRISES DIM is a Texas oil lease in Dimmit County, Railroad Commission district 01, operated by Chesapeake Operating, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 2012 to August 2026, totalling 253,848 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 $892K, with roughly $157K 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 188 barrels a month. Its strongest month on the record we hold was June 2016, at 2,123 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 JOHNSTON ENTERPRISES DIM

Who operates JOHNSTON ENTERPRISES DIM?
JOHNSTON ENTERPRISES DIM is operated by Chesapeake Operating, Inc., Railroad Commission of Texas operator number 147715.
Where is JOHNSTON ENTERPRISES DIM?
JOHNSTON ENTERPRISES DIM is a Texas oil lease in Dimmit County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 15771.
Is JOHNSTON ENTERPRISES DIM still producing?
JOHNSTON ENTERPRISES DIM is currently producing. The most recent month of production reported to the Railroad Commission of Texas for JOHNSTON ENTERPRISES DIM is August 2026.
How much has JOHNSTON ENTERPRISES DIM produced?
JOHNSTON ENTERPRISES DIM has reported 253,848 barrels of oil (bbl) to the Railroad Commission of Texas between January 2012 and August 2026, from 1 wellbore.
How much is JOHNSTON ENTERPRISES DIM worth?
The remaining production from JOHNSTON ENTERPRISES DIM is estimated to be worth about $892K in total as of 27 August 2026, within a range of $695K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JOHNSTON ENTERPRISES DIM is a fraction of it. The estimate fits an Arps decline curve to the production JOHNSTON ENTERPRISES DIM has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for JOHNSTON ENTERPRISES DIM is an estimate of value, not an offer and not an appraisal.
How much income does JOHNSTON ENTERPRISES DIM generate in a year?
JOHNSTON ENTERPRISES DIM is forecast to net about $157K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in JOHNSTON ENTERPRISES DIM receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

JOHNSTON ENTERPRISES DIM as filed with the Railroad Commission of Texas
OperatorChesapeake Operating, Inc.
FieldBriscoe Ranch (Eagleford)
CountyDimmit County, Texas
RRC district01
Lease number15771
Wellbores1
Reported production253,848 bbl
First reported
Last reported
Estimated royalty value$892K

Where JOHNSTON ENTERPRISES DIM 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.