JOHNSTON UNIT
JOHNSTON UNIT is a Texas oil lease in Smith County, Railroad Commission district 06, operated by 3-T Exploration, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 2013 to August 2026, totalling 25,216 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 $5K, with roughly $898 expected over the next twelve months.
| Operator | 3-T Exploration, Inc. |
|---|---|
| Field | Lane Chapel (Paluxy A Sand) |
| County | Smith County, Texas |
| RRC district | 06 |
| Lease number | 15161 |
| Wellbores | 1 |
| Reported production | 25,216 bbl |
| First reported | January 2013 |
| Last reported | August 2026 |
| Estimated royalty value | $5K |
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.