JOHNSON, EAST
JOHNSON, EAST is a Texas oil lease in Wheeler County, Railroad Commission district 10, operated by Texaco E & P Inc. It has 4 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 65,004 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 $592K, with roughly $114K 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 97 barrels a month, about 24 per wellbore. Its strongest month on the record we hold was January 2019, at 472 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 JOHNSON, EAST
- Who operates JOHNSON, EAST?
- JOHNSON, EAST is operated by Texaco E & P Inc., Railroad Commission of Texas operator number 844118.
- Where is JOHNSON, EAST?
- JOHNSON, EAST is a Texas oil lease in Wheeler County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 01448.
- Is JOHNSON, EAST still producing?
- JOHNSON, EAST is currently producing. The most recent month of production reported to the Railroad Commission of Texas for JOHNSON, EAST is August 2026.
- How much has JOHNSON, EAST produced?
- JOHNSON, EAST has reported 65,004 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 4 wellbores.
- How much is JOHNSON, EAST worth?
- The remaining production from JOHNSON, EAST is estimated to be worth about $592K in total as of 26 August 2026, within a range of $325K to $858K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JOHNSON, EAST is a fraction of it. The estimate fits an Arps decline curve to the production JOHNSON, EAST has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for JOHNSON, EAST is an estimate of value, not an offer and not an appraisal.
- How much income does JOHNSON, EAST generate in a year?
- JOHNSON, EAST is forecast to net about $114K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in JOHNSON, EAST receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Texaco E & P Inc. |
|---|---|
| Field | Panhandle Wheeler County Field |
| County | Wheeler County, Texas |
| RRC district | 10 |
| Lease number | 01448 |
| Wellbores | 4 |
| Reported production | 65,004 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $592K |
Where JOHNSON, EAST 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.