JOHNSON STATE
JOHNSON STATE is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Centennial Resource Prod, LLC. It has 1 wellbore on file with the Commission. Reported production runs from September 2014 to August 2026, totalling 222,897 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 $913K, with roughly $378K 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 806 barrels a month. Its strongest month on the record we hold was June 2016, at 3,084 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 STATE
- Who operates JOHNSON STATE?
- JOHNSON STATE is operated by Centennial Resource Prod, LLC, Railroad Commission of Texas operator number 141077.
- Where is JOHNSON STATE?
- JOHNSON STATE is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 46829.
- Is JOHNSON STATE still producing?
- JOHNSON STATE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for JOHNSON STATE is August 2026.
- How much has JOHNSON STATE produced?
- JOHNSON STATE has reported 222,897 barrels of oil (bbl) to the Railroad Commission of Texas between September 2014 and August 2026, from 1 wellbore.
- How much is JOHNSON STATE worth?
- The remaining production from JOHNSON STATE is estimated to be worth about $913K in total as of 26 August 2026, within a range of $712K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JOHNSON STATE is a fraction of it. The estimate fits an Arps decline curve to the production JOHNSON STATE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for JOHNSON STATE is an estimate of value, not an offer and not an appraisal.
- How much income does JOHNSON STATE generate in a year?
- JOHNSON STATE is forecast to net about $378K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in JOHNSON STATE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Centennial Resource Prod, LLC |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 46829 |
| Wellbores | 1 |
| Reported production | 222,897 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $913K |
Where JOHNSON STATE 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.