2-4 JOHNSON
2-4 JOHNSON is a Texas oil lease in Gray County, Railroad Commission district 10, operated by Stahl Petroleum Co. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 39,597 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 $786K, with roughly $151K 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 183 barrels a month, about 92 per wellbore. Its strongest month on the record we hold was January 2023, at 360 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 2-4 JOHNSON
- Who operates 2-4 JOHNSON?
- 2-4 JOHNSON is operated by Stahl Petroleum Co., Railroad Commission of Texas operator number 811035.
- Where is 2-4 JOHNSON?
- 2-4 JOHNSON is a Texas oil lease in Gray County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 03074.
- Is 2-4 JOHNSON still producing?
- 2-4 JOHNSON is currently producing. The most recent month of production reported to the Railroad Commission of Texas for 2-4 JOHNSON is August 2026.
- How much has 2-4 JOHNSON produced?
- 2-4 JOHNSON has reported 39,597 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is 2-4 JOHNSON worth?
- The remaining production from 2-4 JOHNSON is estimated to be worth about $786K in total as of 26 August 2026, within a range of $613K to $959K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in 2-4 JOHNSON is a fraction of it. The estimate fits an Arps decline curve to the production 2-4 JOHNSON has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for 2-4 JOHNSON is an estimate of value, not an offer and not an appraisal.
- How much income does 2-4 JOHNSON generate in a year?
- 2-4 JOHNSON is forecast to net about $151K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in 2-4 JOHNSON receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Stahl Petroleum Co. |
|---|---|
| Field | Panhandle Gray County Field |
| County | Gray County, Texas |
| RRC district | 10 |
| Lease number | 03074 |
| Wellbores | 2 |
| Reported production | 39,597 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $786K |
Where 2-4 JOHNSON 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.