JOHNSTON & PARR UNIT
JOHNSTON & PARR UNIT is a Texas oil lease in Gonzales County, Railroad Commission district 01, operated by Acme Petroleum Co. It has 5 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 60,891 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 $252K, with roughly $48K 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 71 barrels a month, about 14 per wellbore. Its strongest month on the record we hold was December 2018, at 165 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 JOHNSTON & PARR UNIT
- Who operates JOHNSTON & PARR UNIT?
- JOHNSTON & PARR UNIT is operated by Acme Petroleum Co., Railroad Commission of Texas operator number 003587.
- Where is JOHNSTON & PARR UNIT?
- JOHNSTON & PARR UNIT is a Texas oil lease in Gonzales County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 10127.
- Is JOHNSTON & PARR UNIT still producing?
- JOHNSTON & PARR UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for JOHNSTON & PARR UNIT is August 2026.
- How much has JOHNSTON & PARR UNIT produced?
- JOHNSTON & PARR UNIT has reported 60,891 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 5 wellbores.
- How much is JOHNSTON & PARR UNIT worth?
- The remaining production from JOHNSTON & PARR UNIT is estimated to be worth about $252K in total as of 27 August 2026, within a range of $138K to $365K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JOHNSTON & PARR UNIT is a fraction of it. The estimate fits an Arps decline curve to the production JOHNSTON & PARR UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for JOHNSTON & PARR UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does JOHNSTON & PARR UNIT generate in a year?
- JOHNSTON & PARR UNIT is forecast to net about $48K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in JOHNSTON & PARR UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Acme Petroleum Co. |
|---|---|
| Field | Little New York |
| County | Gonzales County, Texas |
| RRC district | 01 |
| Lease number | 10127 |
| Wellbores | 5 |
| Reported production | 60,891 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $252K |
Where JOHNSTON & PARR 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.