JOHNSTON RANCH
JOHNSTON RANCH is a Texas oil lease in Brazos County, Railroad Commission district 03, operated by Unit Petroleum Company. It has 3 wellbores on file with the Commission. Reported production runs from March 2010 to August 2026, totalling 122,988 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 $297K 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 445 barrels a month, about 148 per wellbore. Its strongest month on the record we hold was August 2018, at 1,591 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 JOHNSTON RANCH
- Who operates JOHNSTON RANCH?
- JOHNSTON RANCH is operated by Unit Petroleum Company, Railroad Commission of Texas operator number 877099.
- Where is JOHNSTON RANCH?
- JOHNSTON RANCH is a Texas oil lease in Brazos County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 25562.
- Is JOHNSTON RANCH still producing?
- JOHNSTON RANCH is currently producing. The most recent month of production reported to the Railroad Commission of Texas for JOHNSTON RANCH is August 2026.
- How much has JOHNSTON RANCH produced?
- JOHNSTON RANCH has reported 122,988 barrels of oil (bbl) to the Railroad Commission of Texas between March 2010 and August 2026, from 3 wellbores.
- How much is JOHNSTON RANCH worth?
- The remaining production from JOHNSTON RANCH 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 JOHNSTON RANCH is a fraction of it. The estimate fits an Arps decline curve to the production JOHNSTON RANCH has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for JOHNSTON RANCH is an estimate of value, not an offer and not an appraisal.
- How much income does JOHNSTON RANCH generate in a year?
- JOHNSTON RANCH is forecast to net about $297K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in JOHNSTON RANCH receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Unit Petroleum Company |
|---|---|
| Field | Madisonville, W. (Woodbine -A-) |
| County | Brazos County, Texas |
| RRC district | 03 |
| Lease number | 25562 |
| Wellbores | 3 |
| Reported production | 122,988 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.3M |
Where JOHNSTON RANCH 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.