COLUMBIA-JOHNSON UNIT
COLUMBIA-JOHNSON UNIT is a Texas oil lease in Wise County, Railroad Commission district 09, operated by Richey, Ray Management Co., Inc. It has 1 wellbore on file with the Commission. Reported production runs from May 2012 to August 2026, totalling 26,767 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 $418K, with roughly $77K 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 73 barrels a month. Its strongest month on the record we hold was March 2018, at 555 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 COLUMBIA-JOHNSON UNIT
- Who operates COLUMBIA-JOHNSON UNIT?
- COLUMBIA-JOHNSON UNIT is operated by Richey, Ray Management Co., Inc., Railroad Commission of Texas operator number 709694.
- Where is COLUMBIA-JOHNSON UNIT?
- COLUMBIA-JOHNSON UNIT is a Texas oil lease in Wise County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 32214.
- Is COLUMBIA-JOHNSON UNIT still producing?
- COLUMBIA-JOHNSON UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for COLUMBIA-JOHNSON UNIT is August 2026.
- How much has COLUMBIA-JOHNSON UNIT produced?
- COLUMBIA-JOHNSON UNIT has reported 26,767 barrels of oil (bbl) to the Railroad Commission of Texas between May 2012 and August 2026, from 1 wellbore.
- How much is COLUMBIA-JOHNSON UNIT worth?
- The remaining production from COLUMBIA-JOHNSON UNIT is estimated to be worth about $418K in total as of 26 August 2026, within a range of $230K to $606K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in COLUMBIA-JOHNSON UNIT is a fraction of it. The estimate fits an Arps decline curve to the production COLUMBIA-JOHNSON UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for COLUMBIA-JOHNSON UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does COLUMBIA-JOHNSON UNIT generate in a year?
- COLUMBIA-JOHNSON UNIT is forecast to net about $77K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in COLUMBIA-JOHNSON UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Richey, Ray Management Co., Inc. |
|---|---|
| Field | Lester-Rawle (Strawn 4200) |
| County | Wise County, Texas |
| RRC district | 09 |
| Lease number | 32214 |
| Wellbores | 1 |
| Reported production | 26,767 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $418K |
Where COLUMBIA-JOHNSON UNIT 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.