JOHNSON, L. K.
JOHNSON, L. K. is a Texas oil lease in Foard County, Railroad Commission district 09, operated by Mjm Oil & Gas, Inc. It has 29 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 791,044 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 $8K, with roughly $2K expected over the next twelve months.
| Operator | Mjm Oil & Gas, Inc. |
|---|---|
| Field | Choate (Cisco -K-) |
| County | Foard County, Texas |
| RRC district | 09 |
| Lease number | 13349 |
| Wellbores | 29 |
| Reported production | 791,044 bbl |
| First reported | January 1993 |
| Last reported | August 2026 |
| Estimated royalty value | $8K |
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.