JOHNSON 86
JOHNSON 86 is a Texas oil lease in Loving County, Railroad Commission district 08, operated by Atlantic Operating, Inc. It has 10 wellbores on file with the Commission. Reported production runs from June 2008 to August 2026, totalling 164,348 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 $598K, with roughly $115K 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 167 barrels a month, about 17 per wellbore. Its strongest month on the record we hold was October 2017, at 1,263 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 JOHNSON 86
- Who operates JOHNSON 86?
- JOHNSON 86 is operated by Atlantic Operating, Inc., Railroad Commission of Texas operator number 036546.
- Where is JOHNSON 86?
- JOHNSON 86 is a Texas oil lease in Loving County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 39709.
- Is JOHNSON 86 still producing?
- JOHNSON 86 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for JOHNSON 86 is August 2026.
- How much has JOHNSON 86 produced?
- JOHNSON 86 has reported 164,348 barrels of oil (bbl) to the Railroad Commission of Texas between June 2008 and August 2026, from 10 wellbores.
- How much is JOHNSON 86 worth?
- The remaining production from JOHNSON 86 is estimated to be worth about $598K in total as of 26 August 2026, within a range of $467K to $730K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JOHNSON 86 is a fraction of it. The estimate fits an Arps decline curve to the production JOHNSON 86 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for JOHNSON 86 is an estimate of value, not an offer and not an appraisal.
- How much income does JOHNSON 86 generate in a year?
- JOHNSON 86 is forecast to net about $115K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in JOHNSON 86 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Atlantic Operating, Inc. |
|---|---|
| Field | Dimmitt (Delaware Cons) |
| County | Loving County, Texas |
| RRC district | 08 |
| Lease number | 39709 |
| Wellbores | 10 |
| Reported production | 164,348 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $598K |
Where JOHNSON 86 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.