JOHNSTON, J. H. "B"
JOHNSTON, J. H. "B" is a Texas oil lease in Tom Green County, Railroad Commission district 7C, operated by Holler Oil Co. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 14,017 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 $123K, with roughly $24K 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 32 barrels a month, about 16 per wellbore. Its strongest month on the record we hold was June 2019, at 90 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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, J. H. "B"
- Who operates JOHNSTON, J. H. "B"?
- JOHNSTON, J. H. "B" is operated by Holler Oil Co., Railroad Commission of Texas operator number 393048.
- Where is JOHNSTON, J. H. "B"?
- JOHNSTON, J. H. "B" is a Texas oil lease in Tom Green County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 12244.
- Is JOHNSTON, J. H. "B" still producing?
- JOHNSTON, J. H. "B" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for JOHNSTON, J. H. "B" is August 2026.
- How much has JOHNSTON, J. H. "B" produced?
- JOHNSTON, J. H. "B" has reported 14,017 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is JOHNSTON, J. H. "B" worth?
- The remaining production from JOHNSTON, J. H. "B" is estimated to be worth about $123K in total as of 26 August 2026, within a range of $68K to $178K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JOHNSTON, J. H. "B" is a fraction of it. The estimate fits an Arps decline curve to the production JOHNSTON, J. H. "B" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for JOHNSTON, J. H. "B" is an estimate of value, not an offer and not an appraisal.
- How much income does JOHNSTON, J. H. "B" generate in a year?
- JOHNSTON, J. H. "B" is forecast to net about $24K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in JOHNSTON, J. H. "B" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Holler Oil Co. |
|---|---|
| Field | Water Valley (Clear Fork) |
| County | Tom Green County, Texas |
| RRC district | 7C |
| Lease number | 12244 |
| Wellbores | 2 |
| Reported production | 14,017 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $123K |
Where JOHNSTON, J. H. "B" 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.