Founders Johnson State

Oil & Gas Property in Reeves County, TX

Property Summary

Key data points for Founders Johnson State

CountyReeves County, TX
Production DatesJul 2017 - Aug 2024
Total Oil Production284,955 BBLs
Total Gas Production2,655,274 MCF
Recent Oil Production1,124 BBLs in Jul 2024
Recent Gas Production19,337 MCF in Jul 2024
Wells on Property2

Our Valuation Estimates for Founders Johnson State

ShaleAssessment

$83,152 *

MarketMultiple

$232,703 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Founders Johnson State Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Founders Johnson State
from Jul 2017 to Aug 2024

Wells on Founders Johnson State

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-389-35876FOUNDERS JOHNSON STATE 1HFED OPERATING LLCProducingReeves County, TX31.460751-103.706371
42-389-35998FOUNDERS JOHNSON STATE 2HFOUNDERS OIL & GAS OPERATING,LLCHorizontal Well Surface LocatioReeves County, TX31.460765-103.712597

Leases included in Founders Johnson State

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-49964FOUNDERS JOHNSON STATEFED OPERATING LLCReeves County, TX

Operators Associated With Founders Johnson State

Nearby Properties

These are the closest 20 properties to the Founders Johnson State property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Birdman A U03hReeves County, TX1,040 BBLs28,137 MCFAug 2024
Black Maple Hill State 12 1HReeves County, TX1,607 BBLs27,461 MCFAug 2024
Blantons 20-23e Unit 1HReeves County, TX2,019 BBLs46,092 MCFAug 2024
Buffalo 55-5-39 1HReeves County, TX157 BBLs9,107 MCFAug 2024
Buffalo Trace State 22-21 Unit 1HReeves County, TX841 BBLs13,959 MCFAug 2024
Bulleit 12-15-16 UnitReeves County, TX9,826 BBLs214,208 MCFAug 2024
Citation 14Reeves County, TX390 BBLs13,266 MCFJul 2024
Diamond BackReeves County, TX308 BBLs5,256 MCFJul 2024
Knob Creek 12-11 Unit 1HReeves County, TX988 BBLs50,327 MCFAug 2024
Larceny 12-11W Unit 1HReeves County, TX346 BBLs20,722 MCFAug 2024
Pappy Van Winkle State 20-23 1HReeves County, TX4,771 BBLs88,832 MCFAug 2024
Sandhu StateReeves County, TX1,273 BBLs26,989 MCFAug 2024
State Dragonfly UnitReeves County, TX7,986 BBLs115,335 MCFAug 2024
State Einhorn Unit 7Reeves County, TX70,089 BBLs931,648 MCFAug 2024
State Firefly 24 UnitReeves County, TX434 BBLs52 MCFAug 2024
State Mayfly UnitReeves County, TX6,042 BBLs92,804 MCFAug 2024
State OatmanReeves County, TX0 BBLs0 MCFFeb 2021
State Papillon UnitReeves County, TX25,752 BBLs232,413 MCFAug 2024
State Stonefly UnitReeves County, TX13,681 BBLs329,735 MCFAug 2024
Westway 2122Reeves County, TX0 BBLs0 MCFJun 2024

Owners of Founders Johnson State

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024FED OPERATING LLCFOUNDERS JOHNSON STATE 1HFED OPERATING
2024EXEMPT-STATE OF TEXASFOUNDERS JOHNSON STATE 1HFED OPERATING
2024TOM E JOHNSON LPFOUNDERS JOHNSON STATE 1HFED OPERATING
2024BOYLAN JOHN PFOUNDERS JOHNSON STATE 1HFED OPERATING
2024TERWILLIGER JOHN FFOUNDERS JOHNSON STATE 1HFED OPERATING

Oil & Gas Sales on Founders Johnson State

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-49964FOUNDERS JOHNSON STATEAug 2024BML INCFORTRESS ENERGY DELAWARE LLC
08-49964FOUNDERS JOHNSON STATEJul 2024BML INCFORTRESS ENERGY DELAWARE LLC
08-49964FOUNDERS JOHNSON STATEJul 2024EAGLECLAW MIDSTREAM VENTURES, LLCFORTRESS ENERGY DELAWARE LLC
08-49964FOUNDERS JOHNSON STATEJun 2024BML INCFORTRESS ENERGY DELAWARE LLC
08-49964FOUNDERS JOHNSON STATEJun 2024EAGLECLAW MIDSTREAM VENTURES, LLCFORTRESS ENERGY DELAWARE LLC
08-49964FOUNDERS JOHNSON STATEMay 2024BML INCFORTRESS ENERGY DELAWARE LLC
08-49964FOUNDERS JOHNSON STATEMay 2024EAGLECLAW MIDSTREAM VENTURES, LLCFORTRESS ENERGY DELAWARE LLC
08-49964FOUNDERS JOHNSON STATEApr 2024BML INCFORTRESS ENERGY DELAWARE LLC
08-49964FOUNDERS JOHNSON STATEApr 2024EAGLECLAW MIDSTREAM VENTURES, LLCFORTRESS ENERGY DELAWARE LLC
08-49964FOUNDERS JOHNSON STATEMar 2024BML INCFORTRESS ENERGY DELAWARE LLC
08-49964FOUNDERS JOHNSON STATEMar 2024EAGLECLAW MIDSTREAM VENTURES, LLCFORTRESS ENERGY DELAWARE LLC
08-49964FOUNDERS JOHNSON STATEFeb 2024BML INCFORTRESS ENERGY DELAWARE LLC
08-49964FOUNDERS JOHNSON STATEFeb 2024EAGLECLAW MIDSTREAM VENTURES, LLCFORTRESS ENERGY DELAWARE LLC
08-49964FOUNDERS JOHNSON STATEJan 2024BML INCFORTRESS ENERGY DELAWARE LLC
08-49964FOUNDERS JOHNSON STATEJan 2024EAGLECLAW MIDSTREAM VENTURES, LLCFORTRESS ENERGY DELAWARE LLC
08-49964FOUNDERS JOHNSON STATEDec 2023BML INCFORTRESS ENERGY DELAWARE LLC
08-49964FOUNDERS JOHNSON STATEDec 2023EAGLECLAW MIDSTREAM VENTURES, LLCFORTRESS ENERGY DELAWARE LLC
08-49964FOUNDERS JOHNSON STATENov 2023BML INCFORTRESS ENERGY DELAWARE LLC
08-49964FOUNDERS JOHNSON STATENov 2023EAGLECLAW MIDSTREAM VENTURES, LLCFORTRESS ENERGY DELAWARE LLC
08-49964FOUNDERS JOHNSON STATEOct 2023BML INCFORTRESS ENERGY DELAWARE LLC
08-49964FOUNDERS JOHNSON STATEOct 2023EAGLECLAW MIDSTREAM VENTURES, LLCFORTRESS ENERGY DELAWARE LLC
08-49964FOUNDERS JOHNSON STATESep 2023BML INCFORTRESS ENERGY DELAWARE LLC
08-49964FOUNDERS JOHNSON STATESep 2023EAGLECLAW MIDSTREAM VENTURES, LLCFORTRESS ENERGY DELAWARE LLC
08-49964FOUNDERS JOHNSON STATEAug 2023BML INCFORTRESS ENERGY DELAWARE LLC
08-49964FOUNDERS JOHNSON STATEAug 2023EAGLECLAW MIDSTREAM VENTURES, LLCFORTRESS ENERGY DELAWARE LLC