JOHNSON -C-
JOHNSON -C- is a Texas oil lease in Young County, Railroad Commission district 09, operated by Three P Operating Company. It has 23 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 7,022 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 $137K, with roughly $26K 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 38 barrels a month, about 2 per wellbore. Its strongest month on the record we hold was December 2023, at 135 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 JOHNSON -C-
- Who operates JOHNSON -C-?
- JOHNSON -C- is operated by Three P Operating Company, Railroad Commission of Texas operator number 857737.
- Where is JOHNSON -C-?
- JOHNSON -C- is a Texas oil lease in Young County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 07463.
- Is JOHNSON -C- still producing?
- JOHNSON -C- is currently producing. The most recent month of production reported to the Railroad Commission of Texas for JOHNSON -C- is August 2026.
- How much has JOHNSON -C- produced?
- JOHNSON -C- has reported 7,022 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 23 wellbores.
- How much is JOHNSON -C- worth?
- The remaining production from JOHNSON -C- is estimated to be worth about $137K in total as of 26 August 2026, within a range of $75K to $198K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JOHNSON -C- is a fraction of it. The estimate fits an Arps decline curve to the production JOHNSON -C- has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for JOHNSON -C- is an estimate of value, not an offer and not an appraisal.
- How much income does JOHNSON -C- generate in a year?
- JOHNSON -C- is forecast to net about $26K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in JOHNSON -C- receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Three P Operating Company |
|---|---|
| Field | Young County Regular |
| County | Young County, Texas |
| RRC district | 09 |
| Lease number | 07463 |
| Wellbores | 23 |
| Reported production | 7,022 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $137K |
Where JOHNSON -C- 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.