LOWELL JOHNSON
LOWELL JOHNSON is a Texas oil lease in Callahan County, Railroad Commission district 7B, operated by Leclair Operating, L.L.C. It has 2 wellbores on file with the Commission. Reported production runs from May 2014 to August 2026, totalling 2,621 barrels. The lease is intermittent. 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 $150K, with roughly $29K 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 10 barrels a month, about 5 per wellbore. Its strongest month on the record we hold was January 2021, at 254 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 LOWELL JOHNSON
- Who operates LOWELL JOHNSON?
- LOWELL JOHNSON is operated by Leclair Operating, L.L.C., Railroad Commission of Texas operator number 493412.
- Where is LOWELL JOHNSON?
- LOWELL JOHNSON is a Texas oil lease in Callahan County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 31767.
- Is LOWELL JOHNSON still producing?
- LOWELL JOHNSON is intermittent. The most recent month of production reported to the Railroad Commission of Texas for LOWELL JOHNSON is August 2026.
- How much has LOWELL JOHNSON produced?
- LOWELL JOHNSON has reported 2,621 barrels of oil (bbl) to the Railroad Commission of Texas between May 2014 and August 2026, from 2 wellbores.
- How much is LOWELL JOHNSON worth?
- The remaining production from LOWELL JOHNSON is estimated to be worth about $150K in total as of 26 August 2026, within a range of $0 to $300K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LOWELL JOHNSON is a fraction of it. The estimate fits an Arps decline curve to the production LOWELL JOHNSON has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LOWELL JOHNSON is an estimate of value, not an offer and not an appraisal.
- How much income does LOWELL JOHNSON generate in a year?
- LOWELL JOHNSON is forecast to net about $29K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LOWELL JOHNSON receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Leclair Operating, L.L.C. |
|---|---|
| Field | Turnaround (Gray Sand) |
| County | Callahan County, Texas |
| RRC district | 7B |
| Lease number | 31767 |
| Wellbores | 2 |
| Reported production | 2,621 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $150K |
Where LOWELL JOHNSON 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.