JOHNSON, L. K.
JOHNSON, L. K. is a Texas oil lease in Foard County, Railroad Commission district 09, operated by Wilcox Petroleum Operating LLC. It has 1 wellbore on file with the Commission. Reported production runs from September 2010 to August 2026, totalling 10,046 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 $5K, with roughly $879 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 1 barrels a month. Its strongest month on the record we hold was December 2020, at 131 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 JOHNSON, L. K.
- Who operates JOHNSON, L. K.?
- JOHNSON, L. K. is operated by Wilcox Petroleum Operating LLC., Railroad Commission of Texas operator number 923283.
- Where is JOHNSON, L. K.?
- JOHNSON, L. K. is a Texas oil lease in Foard County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 31768.
- Is JOHNSON, L. K. still producing?
- JOHNSON, L. K. is intermittent. The most recent month of production reported to the Railroad Commission of Texas for JOHNSON, L. K. is August 2026.
- How much has JOHNSON, L. K. produced?
- JOHNSON, L. K. has reported 10,046 barrels of oil (bbl) to the Railroad Commission of Texas between September 2010 and August 2026, from 1 wellbore.
- How much is JOHNSON, L. K. worth?
- The remaining production from JOHNSON, L. K. is estimated to be worth about $5K in total as of 26 August 2026, within a range of $0 to $9K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JOHNSON, L. K. is a fraction of it. The estimate fits an Arps decline curve to the production JOHNSON, L. K. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for JOHNSON, L. K. is an estimate of value, not an offer and not an appraisal.
- How much income does JOHNSON, L. K. generate in a year?
- JOHNSON, L. K. is forecast to net about $879 across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in JOHNSON, L. K. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Wilcox Petroleum Operating LLC. |
|---|---|
| Field | Dry Creek (Tannehill) |
| County | Foard County, Texas |
| RRC district | 09 |
| Lease number | 31768 |
| Wellbores | 1 |
| Reported production | 10,046 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $5K |
Where JOHNSON, L. K. 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.