JOHNSON DEEP UNIT
JOHNSON DEEP UNIT is a Texas oil lease in Ector County, Railroad Commission district 08, operated by Arco Oil & Gas Co. It has 14 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 1,606,318 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 $1.5M, with roughly $450K 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 607 barrels a month, about 43 per wellbore. Its strongest month on the record we hold was October 2018, at 2,590 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 JOHNSON DEEP UNIT
- Who operates JOHNSON DEEP UNIT?
- JOHNSON DEEP UNIT is operated by Arco Oil & Gas Co., Railroad Commission of Texas operator number 029340.
- Where is JOHNSON DEEP UNIT?
- JOHNSON DEEP UNIT is a Texas oil lease in Ector County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 23029.
- Is JOHNSON DEEP UNIT still producing?
- JOHNSON DEEP UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for JOHNSON DEEP UNIT is August 2026.
- How much has JOHNSON DEEP UNIT produced?
- JOHNSON DEEP UNIT has reported 1,606,318 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 14 wellbores.
- How much is JOHNSON DEEP UNIT worth?
- The remaining production from JOHNSON DEEP UNIT is estimated to be worth about $1.5M in total as of 27 August 2026, within a range of $1.2M to $1.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JOHNSON DEEP UNIT is a fraction of it. The estimate fits an Arps decline curve to the production JOHNSON DEEP 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 DEEP UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does JOHNSON DEEP UNIT generate in a year?
- JOHNSON DEEP UNIT is forecast to net about $450K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in JOHNSON DEEP UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Arco Oil & Gas Co. |
|---|---|
| Field | Johnson (Glorieta) |
| County | Ector County, Texas |
| RRC district | 08 |
| Lease number | 23029 |
| Wellbores | 14 |
| Reported production | 1,606,318 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.5M |
Where JOHNSON DEEP 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.