JOHNSON FOUNDATION
JOHNSON FOUNDATION is a Texas gas lease in Matagorda County, Railroad Commission district 03, operated by Eog Resources, Inc. It has 1 wellbore on file with the Commission. Reported production runs from February 2011 to August 2026, totalling 1,087,618 thousand cubic feet. 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 $1.5M, with roughly $340K 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 5,240 thousand cubic feet a month. Its strongest month on the record we hold was January 2017, at 10,638 thousand cubic feet. 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 FOUNDATION
- Who operates JOHNSON FOUNDATION?
- JOHNSON FOUNDATION is operated by Eog Resources, Inc., Railroad Commission of Texas operator number 253162.
- Where is JOHNSON FOUNDATION?
- JOHNSON FOUNDATION is a Texas gas lease in Matagorda County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 263244.
- Is JOHNSON FOUNDATION still producing?
- JOHNSON FOUNDATION is currently producing. The most recent month of production reported to the Railroad Commission of Texas for JOHNSON FOUNDATION is August 2026.
- How much has JOHNSON FOUNDATION produced?
- JOHNSON FOUNDATION has reported 1,087,618 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between February 2011 and August 2026, from 1 wellbore.
- How much is JOHNSON FOUNDATION worth?
- The remaining production from JOHNSON FOUNDATION is estimated to be worth about $1.5M in total as of 27 August 2026, within a range of $1.3M to $1.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JOHNSON FOUNDATION is a fraction of it. The estimate fits an Arps decline curve to the production JOHNSON FOUNDATION has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for JOHNSON FOUNDATION is an estimate of value, not an offer and not an appraisal.
- How much income does JOHNSON FOUNDATION generate in a year?
- JOHNSON FOUNDATION is forecast to net about $340K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in JOHNSON FOUNDATION receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Eog Resources, Inc. |
|---|---|
| Field | Old Ocean (Cib Haz) |
| County | Matagorda County, Texas |
| RRC district | 03 |
| Lease number | 263244 |
| Wellbores | 1 |
| Reported production | 1,087,618 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.5M |
Where JOHNSON FOUNDATION 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.