JOANNA
JOANNA is a Texas oil lease in Burleson County, Railroad Commission district 03, operated by United Oil & Minerals, Inc. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 274,530 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 $2.3M, with roughly $543K 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 736 barrels a month, about 368 per wellbore. Its strongest month on the record we hold was November 2022, at 1,307 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 JOANNA
- Who operates JOANNA?
- JOANNA is operated by United Oil & Minerals, Inc., Railroad Commission of Texas operator number 877350.
- Where is JOANNA?
- JOANNA is a Texas oil lease in Burleson County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 20935.
- Is JOANNA still producing?
- JOANNA is currently producing. The most recent month of production reported to the Railroad Commission of Texas for JOANNA is August 2026.
- How much has JOANNA produced?
- JOANNA has reported 274,530 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is JOANNA worth?
- The remaining production from JOANNA is estimated to be worth about $2.3M in total as of 27 August 2026, within a range of $1.8M to $2.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JOANNA is a fraction of it. The estimate fits an Arps decline curve to the production JOANNA has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for JOANNA is an estimate of value, not an offer and not an appraisal.
- How much income does JOANNA generate in a year?
- JOANNA is forecast to net about $543K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in JOANNA receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | United Oil & Minerals, Inc. |
|---|---|
| Field | Giddings (Austin Chalk-3) |
| County | Burleson County, Texas |
| RRC district | 03 |
| Lease number | 20935 |
| Wellbores | 2 |
| Reported production | 274,530 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.3M |
Where JOANNA 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.