JOHNSON 220
JOHNSON 220 is a Texas oil lease in Ochiltree County, Railroad Commission district 10, operated by Holmes Exploration, LLC. It has 3 wellbores on file with the Commission. Reported production runs from November 2009 to August 2026, totalling 174,228 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 $1.3M, with roughly $230K 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 243 barrels a month, about 81 per wellbore. Its strongest month on the record we hold was May 2016, at 1,418 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 220
- Who operates JOHNSON 220?
- JOHNSON 220 is operated by Holmes Exploration, LLC, Railroad Commission of Texas operator number 394700.
- Where is JOHNSON 220?
- JOHNSON 220 is a Texas oil lease in Ochiltree County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 08073.
- Is JOHNSON 220 still producing?
- JOHNSON 220 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for JOHNSON 220 is August 2026.
- How much has JOHNSON 220 produced?
- JOHNSON 220 has reported 174,228 barrels of oil (bbl) to the Railroad Commission of Texas between November 2009 and August 2026, from 3 wellbores.
- How much is JOHNSON 220 worth?
- The remaining production from JOHNSON 220 is estimated to be worth about $1.3M in total as of 26 August 2026, within a range of $1.0M to $1.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JOHNSON 220 is a fraction of it. The estimate fits an Arps decline curve to the production JOHNSON 220 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for JOHNSON 220 is an estimate of value, not an offer and not an appraisal.
- How much income does JOHNSON 220 generate in a year?
- JOHNSON 220 is forecast to net about $230K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in JOHNSON 220 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Holmes Exploration, LLC |
|---|---|
| Field | Pan Petro (Cleveland) |
| County | Ochiltree County, Texas |
| RRC district | 10 |
| Lease number | 08073 |
| Wellbores | 3 |
| Reported production | 174,228 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.3M |
Where JOHNSON 220 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.