JOHNSON, BIVINS
JOHNSON, BIVINS is a Texas oil lease in Ochiltree County, Railroad Commission district 10, operated by Burk Royalty Co., Ltd. It has 5 wellbores on file with the Commission. Reported production runs from May 2011 to August 2026, totalling 175,730 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 $1.3M, with roughly $425K 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 504 barrels a month, about 101 per wellbore. Its strongest month on the record we hold was July 2022, at 2,101 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, BIVINS
- Who operates JOHNSON, BIVINS?
- JOHNSON, BIVINS is operated by Burk Royalty Co., Ltd., Railroad Commission of Texas operator number 108799.
- Where is JOHNSON, BIVINS?
- JOHNSON, BIVINS is a Texas oil lease in Ochiltree County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 08238.
- Is JOHNSON, BIVINS still producing?
- JOHNSON, BIVINS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for JOHNSON, BIVINS is August 2026.
- How much has JOHNSON, BIVINS produced?
- JOHNSON, BIVINS has reported 175,730 barrels of oil (bbl) to the Railroad Commission of Texas between May 2011 and August 2026, from 5 wellbores.
- How much is JOHNSON, BIVINS worth?
- The remaining production from JOHNSON, BIVINS is estimated to be worth about $1.3M in total as of 27 August 2026, within a range of $982K to $1.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JOHNSON, BIVINS is a fraction of it. The estimate fits an Arps decline curve to the production JOHNSON, BIVINS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for JOHNSON, BIVINS is an estimate of value, not an offer and not an appraisal.
- How much income does JOHNSON, BIVINS generate in a year?
- JOHNSON, BIVINS is forecast to net about $425K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in JOHNSON, BIVINS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Burk Royalty Co., Ltd. |
|---|---|
| Field | Pan Petro (Cleveland) |
| County | Ochiltree County, Texas |
| RRC district | 10 |
| Lease number | 08238 |
| Wellbores | 5 |
| Reported production | 175,730 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.3M |
Where JOHNSON, BIVINS 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.