JOHNSON 3
JOHNSON 3 is a Texas oil lease in Jack County, Railroad Commission district 09, operated by Halek Energy L.L.C. It has 1 wellbore on file with the Commission. Reported production runs from March 2010 to August 2026, totalling 13,044 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 $17K, with roughly $3K 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 6 barrels a month. Its strongest month on the record we hold was March 2025, at 20 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 3
- Who operates JOHNSON 3?
- JOHNSON 3 is operated by Halek Energy L.L.C., Railroad Commission of Texas operator number 345415.
- Where is JOHNSON 3?
- JOHNSON 3 is a Texas oil lease in Jack County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 31849.
- Is JOHNSON 3 still producing?
- JOHNSON 3 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for JOHNSON 3 is August 2026.
- How much has JOHNSON 3 produced?
- JOHNSON 3 has reported 13,044 barrels of oil (bbl) to the Railroad Commission of Texas between March 2010 and August 2026, from 1 wellbore.
- How much is JOHNSON 3 worth?
- The remaining production from JOHNSON 3 is estimated to be worth about $17K in total as of 26 August 2026, within a range of $0 to $34K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JOHNSON 3 is a fraction of it. The estimate fits an Arps decline curve to the production JOHNSON 3 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for JOHNSON 3 is an estimate of value, not an offer and not an appraisal.
- How much income does JOHNSON 3 generate in a year?
- JOHNSON 3 is forecast to net about $3K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in JOHNSON 3 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Halek Energy L.L.C. |
|---|---|
| Field | Halek (Caddo) |
| County | Jack County, Texas |
| RRC district | 09 |
| Lease number | 31849 |
| Wellbores | 1 |
| Reported production | 13,044 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $17K |
Where JOHNSON 3 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.