JOHNSON, B. L.
JOHNSON, B. L. is a Texas oil lease in Wood County, Railroad Commission district 06, operated by Cross Timbers Operating Company. It has 4 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 61,608 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 $626K, with roughly $142K 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 205 barrels a month, about 51 per wellbore. Its strongest month on the record we hold was June 2018, at 460 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, B. L.
- Who operates JOHNSON, B. L.?
- JOHNSON, B. L. is operated by Cross Timbers Operating Company, Railroad Commission of Texas operator number 190468.
- Where is JOHNSON, B. L.?
- JOHNSON, B. L. is a Texas oil lease in Wood County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 01441.
- Is JOHNSON, B. L. still producing?
- JOHNSON, B. L. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for JOHNSON, B. L. is August 2026.
- How much has JOHNSON, B. L. produced?
- JOHNSON, B. L. has reported 61,608 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 4 wellbores.
- How much is JOHNSON, B. L. worth?
- The remaining production from JOHNSON, B. L. is estimated to be worth about $626K in total as of 27 August 2026, within a range of $489K to $764K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JOHNSON, B. L. is a fraction of it. The estimate fits an Arps decline curve to the production JOHNSON, B. 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, B. L. is an estimate of value, not an offer and not an appraisal.
- How much income does JOHNSON, B. L. generate in a year?
- JOHNSON, B. L. is forecast to net about $142K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in JOHNSON, B. L. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Cross Timbers Operating Company |
|---|---|
| Field | Quitman (Sub-Clarksville) |
| County | Wood County, Texas |
| RRC district | 06 |
| Lease number | 01441 |
| Wellbores | 4 |
| Reported production | 61,608 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $626K |
Where JOHNSON, B. 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.