JOHNSON, J. L.
JOHNSON, J. L. is a Texas oil lease in Freestone County, Railroad Commission district 06, operated by Falcon Resources, Inc. It has 3 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 18,193 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 $8K, with roughly $2K 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 2 barrels a month, about 1 per wellbore. Its strongest month on the record we hold was August 2019, at 70 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, J. L.
- Who operates JOHNSON, J. L.?
- JOHNSON, J. L. is operated by Falcon Resources, Inc., Railroad Commission of Texas operator number 260262.
- Where is JOHNSON, J. L.?
- JOHNSON, J. L. is a Texas oil lease in Freestone County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 00765.
- Is JOHNSON, J. L. still producing?
- JOHNSON, J. L. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for JOHNSON, J. L. is August 2026.
- How much has JOHNSON, J. L. produced?
- JOHNSON, J. L. has reported 18,193 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 3 wellbores.
- How much is JOHNSON, J. L. worth?
- The remaining production from JOHNSON, J. L. is estimated to be worth about $8K in total as of 26 August 2026, within a range of $0 to $16K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JOHNSON, J. L. is a fraction of it. The estimate fits an Arps decline curve to the production JOHNSON, J. L. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for JOHNSON, J. L. is an estimate of value, not an offer and not an appraisal.
- How much income does JOHNSON, J. L. generate in a year?
- JOHNSON, J. L. is forecast to net about $2K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in JOHNSON, J. L. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Falcon Resources, Inc. |
|---|---|
| Field | Long Lake |
| County | Freestone County, Texas |
| RRC district | 06 |
| Lease number | 00765 |
| Wellbores | 3 |
| Reported production | 18,193 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $8K |
Where JOHNSON, J. L. 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.