JOHNSON
JOHNSON is a Texas oil lease in Borden County, Railroad Commission district 8A, operated by Hat Oil & Gas, Inc. It has 4 wellbores on file with the Commission. Reported production runs from January 1996 to August 2026, totalling 369,148 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 $603K, with roughly $114K 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 211 barrels a month, about 53 per wellbore. Its strongest month on the record we hold was November 2016, at 2,371 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 JOHNSON
- Who operates JOHNSON?
- JOHNSON is operated by Hat Oil & Gas, Inc., Railroad Commission of Texas operator number 366052.
- Where is JOHNSON?
- JOHNSON is a Texas oil lease in Borden County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 67491.
- Is JOHNSON still producing?
- JOHNSON is currently producing. The most recent month of production reported to the Railroad Commission of Texas for JOHNSON is August 2026.
- How much has JOHNSON produced?
- JOHNSON has reported 369,148 barrels of oil (bbl) to the Railroad Commission of Texas between January 1996 and August 2026, from 4 wellbores.
- How much is JOHNSON worth?
- The remaining production from JOHNSON is estimated to be worth about $603K in total as of 26 August 2026, within a range of $470K to $736K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JOHNSON is a fraction of it. The estimate fits an Arps decline curve to the production JOHNSON has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for JOHNSON is an estimate of value, not an offer and not an appraisal.
- How much income does JOHNSON generate in a year?
- JOHNSON is forecast to net about $114K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in JOHNSON receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Hat Oil & Gas, Inc. |
|---|---|
| Field | Clayton Ranch, N. (Spraberry) |
| County | Borden County, Texas |
| RRC district | 8A |
| Lease number | 67491 |
| Wellbores | 4 |
| Reported production | 369,148 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $603K |
Where JOHNSON 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.