JOHNSON-THREADGILL UNIT
JOHNSON-THREADGILL UNIT is a Texas oil lease in Caldwell County, Railroad Commission district 01, operated by Hollub, Lambert Drilling Company. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 12,237 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 $82K, with roughly $16K 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 18 barrels a month, about 9 per wellbore. Its strongest month on the record we hold was December 2017, at 45 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 JOHNSON-THREADGILL UNIT
- Who operates JOHNSON-THREADGILL UNIT?
- JOHNSON-THREADGILL UNIT is operated by Hollub, Lambert Drilling Company, Railroad Commission of Texas operator number 393680.
- Where is JOHNSON-THREADGILL UNIT?
- JOHNSON-THREADGILL UNIT is a Texas oil lease in Caldwell County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 06635.
- Is JOHNSON-THREADGILL UNIT still producing?
- JOHNSON-THREADGILL UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for JOHNSON-THREADGILL UNIT is August 2026.
- How much has JOHNSON-THREADGILL UNIT produced?
- JOHNSON-THREADGILL UNIT has reported 12,237 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is JOHNSON-THREADGILL UNIT worth?
- The remaining production from JOHNSON-THREADGILL UNIT is estimated to be worth about $82K in total as of 26 August 2026, within a range of $45K to $119K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JOHNSON-THREADGILL UNIT is a fraction of it. The estimate fits an Arps decline curve to the production JOHNSON-THREADGILL UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for JOHNSON-THREADGILL UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does JOHNSON-THREADGILL UNIT generate in a year?
- JOHNSON-THREADGILL UNIT is forecast to net about $16K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in JOHNSON-THREADGILL UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Hollub, Lambert Drilling Company |
|---|---|
| Field | Salt Flat, West |
| County | Caldwell County, Texas |
| RRC district | 01 |
| Lease number | 06635 |
| Wellbores | 2 |
| Reported production | 12,237 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $82K |
Where JOHNSON-THREADGILL 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.