JOHNSON, WEST
JOHNSON, WEST is a Texas oil lease in Wheeler County, Railroad Commission district 10, operated by Texaco E & P Inc. It has 20 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 305,102 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 $631K, with roughly $204K 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 333 barrels a month, about 17 per wellbore. Its strongest month on the record we hold was September 2019, at 859 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, WEST
- Who operates JOHNSON, WEST?
- JOHNSON, WEST is operated by Texaco E & P Inc., Railroad Commission of Texas operator number 844118.
- Where is JOHNSON, WEST?
- JOHNSON, WEST is a Texas oil lease in Wheeler County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 01449.
- Is JOHNSON, WEST still producing?
- JOHNSON, WEST is currently producing. The most recent month of production reported to the Railroad Commission of Texas for JOHNSON, WEST is August 2026.
- How much has JOHNSON, WEST produced?
- JOHNSON, WEST has reported 305,102 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 20 wellbores.
- How much is JOHNSON, WEST worth?
- The remaining production from JOHNSON, WEST is estimated to be worth about $631K in total as of 26 August 2026, within a range of $492K to $770K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JOHNSON, WEST is a fraction of it. The estimate fits an Arps decline curve to the production JOHNSON, WEST has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for JOHNSON, WEST is an estimate of value, not an offer and not an appraisal.
- How much income does JOHNSON, WEST generate in a year?
- JOHNSON, WEST is forecast to net about $204K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in JOHNSON, WEST 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 | 01449 |
| Wellbores | 20 |
| Reported production | 305,102 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $631K |
Where JOHNSON, WEST 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.