JOHNSON, B. L. -B--1
JOHNSON, B. L. -B--1 is a Texas oil lease in Wood County, Railroad Commission district 06, operated by Goldston Oil Corporation. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 20,349 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $12K, with roughly $2K expected over the next twelve months.
| Operator | Goldston Oil Corporation |
|---|---|
| Field | Quitman |
| County | Wood County, Texas |
| RRC district | 06 |
| Lease number | 01377 |
| Wellbores | 2 |
| Reported production | 20,349 bbl |
| First reported | January 1993 |
| Last reported | August 2026 |
| Estimated royalty value | $12K |
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.