JOHNED
JOHNED is a Texas oil lease in Reagan County, Railroad Commission district 7C, operated by WTG Exploration. It has 1 wellbore on file with the Commission. Reported production runs from December 2014 to August 2026, totalling 29,147 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 $350K, with roughly $67K 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 96 barrels a month. Its strongest month on the record we hold was May 2016, at 373 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 JOHNED
- Who operates JOHNED?
- JOHNED is operated by WTG Exploration, Railroad Commission of Texas operator number 945220.
- Where is JOHNED?
- JOHNED is a Texas oil lease in Reagan County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 19028.
- Is JOHNED still producing?
- JOHNED is currently producing. The most recent month of production reported to the Railroad Commission of Texas for JOHNED is August 2026.
- How much has JOHNED produced?
- JOHNED has reported 29,147 barrels of oil (bbl) to the Railroad Commission of Texas between December 2014 and August 2026, from 1 wellbore.
- How much is JOHNED worth?
- The remaining production from JOHNED is estimated to be worth about $350K in total as of 27 August 2026, within a range of $193K to $508K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JOHNED is a fraction of it. The estimate fits an Arps decline curve to the production JOHNED has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for JOHNED is an estimate of value, not an offer and not an appraisal.
- How much income does JOHNED generate in a year?
- JOHNED is forecast to net about $67K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in JOHNED receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | WTG Exploration |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Reagan County, Texas |
| RRC district | 7C |
| Lease number | 19028 |
| Wellbores | 1 |
| Reported production | 29,147 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $350K |
Where JOHNED 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.