JOHNSTON, EULA MAY
JOHNSTON, EULA MAY is a Texas gas lease in Austin County, Railroad Commission district 03, operated by Jamex, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 2004 to August 2026, totalling 1,677,022 thousand cubic feet. 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 $143K, with roughly $28K 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 1,187 thousand cubic feet a month. Its strongest month on the record we hold was October 2017, at 5,968 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% 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 JOHNSTON, EULA MAY
- Who operates JOHNSTON, EULA MAY?
- JOHNSTON, EULA MAY is operated by Jamex, Inc., Railroad Commission of Texas operator number 429659.
- Where is JOHNSTON, EULA MAY?
- JOHNSTON, EULA MAY is a Texas gas lease in Austin County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 199886.
- Is JOHNSTON, EULA MAY still producing?
- JOHNSTON, EULA MAY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for JOHNSTON, EULA MAY is August 2026.
- How much has JOHNSTON, EULA MAY produced?
- JOHNSTON, EULA MAY has reported 1,677,022 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 2004 and August 2026, from 1 wellbore.
- How much is JOHNSTON, EULA MAY worth?
- The remaining production from JOHNSTON, EULA MAY is estimated to be worth about $143K in total as of 26 August 2026, within a range of $119K to $168K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JOHNSTON, EULA MAY is a fraction of it. The estimate fits an Arps decline curve to the production JOHNSTON, EULA MAY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for JOHNSTON, EULA MAY is an estimate of value, not an offer and not an appraisal.
- How much income does JOHNSTON, EULA MAY generate in a year?
- JOHNSTON, EULA MAY is forecast to net about $28K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in JOHNSTON, EULA MAY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Jamex, Inc. |
|---|---|
| Field | Rexville (Wilcox) |
| County | Austin County, Texas |
| RRC district | 03 |
| Lease number | 199886 |
| Wellbores | 1 |
| Reported production | 1,677,022 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $143K |
Where JOHNSTON, EULA MAY 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.