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 - Dec 2024
Total Oil Production289,403 BBLs
Total Gas Production2,723,990 MCF
Recent Oil Production1,197 BBLs in Nov 2024
Recent Gas Production17,184 MCF in Nov 2024
Wells on Property2

Our Valuation Estimates for Founders Johnson State

ShaleAssessment

$79,851 *

MarketMultiple

$197,153 **

* 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
Subscribe for Full Access Subscribe now to gain immediate access
to oil and gas production for Founders Johnson State
from Jul 2017 to Dec 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, TX1,037 BBLs24,884 MCFDec 2024
Black Maple Hill State 12 1HReeves County, TX1,469 BBLs25,083 MCFDec 2024
Blantons 20-23e Unit 1HReeves County, TX860 BBLs18,373 MCFDec 2024
Buffalo 55-5-39 1HReeves County, TX105 BBLs6,317 MCFDec 2024
Bulleit 12-15-16 UnitReeves County, TX7,998 BBLs182,114 MCFDec 2024
Diamond BackReeves County, TX0 BBLs0 MCFOct 2024
Fleming 13Reeves County, TX289 BBLs15,868 MCFNov 2024
Knob Creek 12-11 Unit 1HReeves County, TX953 BBLs45,455 MCFDec 2024
Larceny 12-11W Unit 1HReeves County, TX132 BBLs17,643 MCFDec 2024
Pappy Van Winkle State 20-23 1HReeves County, TX4,334 BBLs76,845 MCFDec 2024
Rio Lobo StateReeves County, TX0 BBLs0 MCFJan 2025
Sandhu StateReeves County, TX1,180 BBLs24,424 MCFNov 2024
State DragonflyReeves County, TX7,267 BBLs110,582 MCFDec 2024
State Einhorn Unit 7Reeves County, TX62,896 BBLs793,838 MCFDec 2024
State Firefly 24 UnitReeves County, TX452 BBLs5,587 MCFDec 2024
State Mayfly UnitReeves County, TX4,267 BBLs60,765 MCFDec 2024
State OatmanReeves County, TX0 BBLs0 MCFFeb 2021
State Papillon UnitReeves County, TX19,321 BBLs192,341 MCFDec 2024
State Stonefly UnitReeves County, TX13,449 BBLs322,729 MCFDec 2024
Westway 2122Reeves County, TX9,933 BBLs131,808 MCFNov 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 STATEOct 2024BML INCFORTRESS ENERGY DELAWARE LLC
08-49964FOUNDERS JOHNSON STATESep 2024BML INCFORTRESS ENERGY DELAWARE LLC
08-49964FOUNDERS JOHNSON STATESep 2024EAGLECLAW MIDSTREAM VENTURES, LLCFORTRESS ENERGY DELAWARE LLC
08-49964FOUNDERS JOHNSON STATEAug 2024BML INCFORTRESS ENERGY DELAWARE LLC
08-49964FOUNDERS JOHNSON STATEAug 2024EAGLECLAW MIDSTREAM VENTURES, LLCFORTRESS 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