JOHNSON RANCH 1-49
JOHNSON RANCH 1-49 is a Texas oil lease in Loving County, Railroad Commission district 08, operated by Anadarko Petroleum Corporation. It has 3 wellbores on file with the Commission. Reported production runs from November 2010 to August 2026, totalling 995,409 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 $3.0M, with roughly $1.4M 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 2,549 barrels a month, about 850 per wellbore. Its strongest month on the record we hold was May 2016, at 14,689 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 RANCH 1-49
- Who operates JOHNSON RANCH 1-49?
- JOHNSON RANCH 1-49 is operated by Anadarko Petroleum Corporation, Railroad Commission of Texas operator number 020572.
- Where is JOHNSON RANCH 1-49?
- JOHNSON RANCH 1-49 is a Texas oil lease in Loving County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 40751.
- Is JOHNSON RANCH 1-49 still producing?
- JOHNSON RANCH 1-49 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for JOHNSON RANCH 1-49 is August 2026.
- How much has JOHNSON RANCH 1-49 produced?
- JOHNSON RANCH 1-49 has reported 995,409 barrels of oil (bbl) to the Railroad Commission of Texas between November 2010 and August 2026, from 3 wellbores.
- How much is JOHNSON RANCH 1-49 worth?
- The remaining production from JOHNSON RANCH 1-49 is estimated to be worth about $3.0M in total as of 26 August 2026, within a range of $2.5M to $3.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JOHNSON RANCH 1-49 is a fraction of it. The estimate fits an Arps decline curve to the production JOHNSON RANCH 1-49 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for JOHNSON RANCH 1-49 is an estimate of value, not an offer and not an appraisal.
- How much income does JOHNSON RANCH 1-49 generate in a year?
- JOHNSON RANCH 1-49 is forecast to net about $1.4M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in JOHNSON RANCH 1-49 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Anadarko Petroleum Corporation |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Loving County, Texas |
| RRC district | 08 |
| Lease number | 40751 |
| Wellbores | 3 |
| Reported production | 995,409 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.0M |
Where JOHNSON RANCH 1-49 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.