JOHNSON, GLADYS
JOHNSON, GLADYS is a Texas oil lease in Jack County, Railroad Commission district 09, operated by Hamman, Blake. It has 1 wellbore on file with the Commission. Reported production runs from October 1994 to August 2026, totalling 8,607 barrels. The lease is intermittent. 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 $24K, with roughly $5K 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 7 barrels a month. Its strongest month on the record we hold was November 2019, at 171 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, GLADYS
- Who operates JOHNSON, GLADYS?
- JOHNSON, GLADYS is operated by Hamman, Blake, Railroad Commission of Texas operator number 350160.
- Where is JOHNSON, GLADYS?
- JOHNSON, GLADYS is a Texas oil lease in Jack County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 28864.
- Is JOHNSON, GLADYS still producing?
- JOHNSON, GLADYS is intermittent. The most recent month of production reported to the Railroad Commission of Texas for JOHNSON, GLADYS is August 2026.
- How much has JOHNSON, GLADYS produced?
- JOHNSON, GLADYS has reported 8,607 barrels of oil (bbl) to the Railroad Commission of Texas between October 1994 and August 2026, from 1 wellbore.
- How much is JOHNSON, GLADYS worth?
- The remaining production from JOHNSON, GLADYS is estimated to be worth about $24K in total as of 26 August 2026, within a range of $0 to $48K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JOHNSON, GLADYS is a fraction of it. The estimate fits an Arps decline curve to the production JOHNSON, GLADYS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for JOHNSON, GLADYS is an estimate of value, not an offer and not an appraisal.
- How much income does JOHNSON, GLADYS generate in a year?
- JOHNSON, GLADYS is forecast to net about $5K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in JOHNSON, GLADYS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Hamman, Blake |
|---|---|
| Field | Morris (Consolidated Congl.) |
| County | Jack County, Texas |
| RRC district | 09 |
| Lease number | 28864 |
| Wellbores | 1 |
| Reported production | 8,607 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $24K |
Where JOHNSON, GLADYS 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.