JOHNSON, JAMES L.
JOHNSON, JAMES L. is a Texas gas lease in Upshur County, Railroad Commission district 06, operated by Vintage Petroleum, Inc. It has 1 wellbore on file with the Commission. Reported production runs from October 2003 to August 2026, totalling 1,022,011 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 $104K, with roughly $19K 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 477 thousand cubic feet a month. Its strongest month on the record we hold was October 2017, at 3,970 thousand cubic feet. 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, JAMES L.
- Who operates JOHNSON, JAMES L.?
- JOHNSON, JAMES L. is operated by Vintage Petroleum, Inc., Railroad Commission of Texas operator number 886200.
- Where is JOHNSON, JAMES L.?
- JOHNSON, JAMES L. is a Texas gas lease in Upshur County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 199360.
- Is JOHNSON, JAMES L. still producing?
- JOHNSON, JAMES L. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for JOHNSON, JAMES L. is August 2026.
- How much has JOHNSON, JAMES L. produced?
- JOHNSON, JAMES L. has reported 1,022,011 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between October 2003 and August 2026, from 1 wellbore.
- How much is JOHNSON, JAMES L. worth?
- The remaining production from JOHNSON, JAMES L. is estimated to be worth about $104K in total as of 26 August 2026, within a range of $81K to $127K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JOHNSON, JAMES L. is a fraction of it. The estimate fits an Arps decline curve to the production JOHNSON, JAMES L. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for JOHNSON, JAMES L. is an estimate of value, not an offer and not an appraisal.
- How much income does JOHNSON, JAMES L. generate in a year?
- JOHNSON, JAMES L. is forecast to net about $19K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in JOHNSON, JAMES L. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Vintage Petroleum, Inc. |
|---|---|
| Field | Gilmer (Cotton Valley) |
| County | Upshur County, Texas |
| RRC district | 06 |
| Lease number | 199360 |
| Wellbores | 1 |
| Reported production | 1,022,011 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $104K |
Where JOHNSON, JAMES L. 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.