JOHNSON HEIRS
JOHNSON HEIRS is a Texas gas lease in Freestone County, Railroad Commission district 05, operated by Hunt Petroleum Corporation. It has 1 wellbore on file with the Commission. Reported production runs from January 2002 to August 2026, totalling 1,504,441 thousand cubic feet. 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 $562K, with roughly $85K 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 3,724 thousand cubic feet a month. Its strongest month on the record we hold was March 2025, at 4,409 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% 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 HEIRS
- Who operates JOHNSON HEIRS?
- JOHNSON HEIRS is operated by Hunt Petroleum Corporation, Railroad Commission of Texas operator number 416540.
- Where is JOHNSON HEIRS?
- JOHNSON HEIRS is a Texas gas lease in Freestone County, Texas, in Railroad Commission district 05. Its Railroad Commission lease number is 187576.
- Is JOHNSON HEIRS still producing?
- JOHNSON HEIRS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for JOHNSON HEIRS is August 2026.
- How much has JOHNSON HEIRS produced?
- JOHNSON HEIRS has reported 1,504,441 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 2002 and August 2026, from 1 wellbore.
- How much is JOHNSON HEIRS worth?
- The remaining production from JOHNSON HEIRS is estimated to be worth about $562K in total as of 26 August 2026, within a range of $467K to $658K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JOHNSON HEIRS is a fraction of it. The estimate fits an Arps decline curve to the production JOHNSON HEIRS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for JOHNSON HEIRS is an estimate of value, not an offer and not an appraisal.
- How much income does JOHNSON HEIRS generate in a year?
- JOHNSON HEIRS is forecast to net about $85K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in JOHNSON HEIRS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Hunt Petroleum Corporation |
|---|---|
| Field | Teague, N.E. (Bossier Sand) |
| County | Freestone County, Texas |
| RRC district | 05 |
| Lease number | 187576 |
| Wellbores | 1 |
| Reported production | 1,504,441 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $562K |
Where JOHNSON HEIRS 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.