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Texas oil lease · RRC district 08 · Lease 39709

Producing

JOHNSON 86

Johnson 86 is an oil lease in Loving County, Texas, operated by Extex Operating Company in the Dimmitt (Delaware Cons) field. The Railroad Commission shows 1,928 bbl of oil in the 12 months through Jul 2026.

Oil lease dossier · 10 wells

1,928bbl oil, last 12 months−6% vs prior year
RRC lease
08-39709

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Where it sits

This county

Loving CountyLovingWinklerWardLoving County
Loving County · RRC district 08Open Loving County →
Oil in Jul 2026
187 bbl
Reporting to the state
since Jan 2020
Wells
10
Data through
Jul 2026

Production

Month by month, from the state record

What the Railroad Commission says this oil lease produced. Oil is in barrels (bbl). Gas is in thousand cubic feet (mcf).

Oil output fell 6% over the last 12 months

1,928 bbl in the 12 months through Jul 2026, against 2,048 bbl in the 12 months before.

  • Oil (bars, left axis)
  • Last 12 months
Oil output fell 6% over the last 12 monthsMonthly oil production for JOHNSON 86, Aug 2023 to Jul 2026. Oil output fell 6% over the last 12 months. 1,928 bbl in the 12 months through Jul 2026, against 2,048 bbl in the 12 months before.Last 12 months: 1,928 bblbbl per month0100200300400500Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 6% over the last 12 monthsMonthly oil production for JOHNSON 86, Aug 2023 to Jul 2026. Oil output fell 6% over the last 12 months. 1,928 bbl in the 12 months through Jul 2026, against 2,048 bbl in the 12 months before.Last 12 monthsbbl per month0100200300400500Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, oil lease 39709, district 08. Reported through Jul 2026. The state revises recent months.

Gas disposition

Where the gas went

Every month the operator tells the state where each mcf of gas went, using a code. The code decides how your gas is paid.

No gas disposition reported for this lease

The operator has not reported where the gas went in the months we hold.

Operator history

Who has run this lease

The operator runs the wells and pays your royalty. When the operator changes, payments often slip for a month or two.

The operator changed once, most recently in Feb 2021

If your statements skip or shrink around a change, ask the new operator's owner relations department whether the month is in suspense.

Operators of this lease over timeLegacy Reserves Operating LP, Jan 2020 to Jan 2021; Extex Operating Company, Feb 2021 to Jul 20262020202120222023202420252026Changed Feb 2021Legacy Reserves Operating LPJan 2020 to Jan 2021Extex Operating CompanyFeb 2021 to now
Operators of this lease over timeLegacy Reserves Operating LP, Jan 2020 to Jan 2021; Extex Operating Company, Feb 2021 to Jul 20262020202120222023202420252026Changed Feb 2021Legacy Reserves Operating LPJan 2020 to Jan 2021Extex Operating CompanyFeb 2021 to now

SourceTexas Railroad Commission Production Data Query, operator by month. Reported through Jul 2026.

Wells

10 wells on this lease

Every well the Railroad Commission links to oil lease 39709 in district 08. The API number is the state’s ID for a well.
Wells on JOHNSON 86
API numberWell no.Status
42-301-308473Active
42-301-308482Active
42-301-308504Active
42-301-308511Active
42-301-308525Active
42-301-308536Shut-in
42-301-308547Active
42-301-308558Active
42-301-308589Shut-in
42-301-3085910Active

SourceTexas Railroad Commission Wellbore Query, district 08, lease 39709.

Who buys and gathers

Who moves and buys this lease's production

The operator files a Form P-4 with the Railroad Commission naming the companies authorised to gather and buy the oil and gas. The buyer's price is the one your royalty is figured on.
  • Oil

    Bml, Inc. B and Energy Trans Crude Marketing LLC gather it.

    Bml, Inc. B gathers it: 50% of it, on the list since May 1, 2026 · Energy Trans Crude Marketing LLC gathers it: 50% of it, on the list since May 1, 2026

Companies that used to be listed: Bml, Inc. B (gathers it, until May 1, 2026); Hf Sinclair Refining & Marketing (gathers it, until Oct 1, 2025); Rio Energy International, Inc. (gathers it, until Sep 1, 2024); Sentinel Transportation, LLC (gathers it, until Sep 1, 2024); Rio Energy International, Inc. (gathers it, until Mar 26, 2024); Dcp Operating Company, LP (gathers it, until Jun 1, 2023).

SourceRailroad Commission of Texas, Form P-4 file, dated Sep 24, 2026 (source). A listed company is authorised to move or buy the production; the state does not say what it paid.

Unit and wells

400 acres on the newest permit

Acres and wells as the operator filed them on its Railroad Commission drilling permits. Your decimal is your net acres over the unit acres, so this is the number to hold your division order against.
Wells on the permits
107 not plugged
Horizontal
0
First completion
Oct 9, 1989
Latest permit
Jan 20, 2011

The wells on this lease state different acreage

The permits state between 320 and 400 acres. Use the acres from your own division order for the well you are paid on.

10 wells are listed on this lease

Each well can have its own unit. The decimal for one well does not have to equal the decimal for another.

Wells and acres on the permits for Johnson 86
API numberWell no.Acreson the permit
42-301-308504400
42-301-308589400
42-301-308511400
42-301-308536400
42-301-308482400
42-301-308525400
42-301-3085910400
42-301-308473400
42-301-308547320
42-301-308558320

SourceRailroad Commission of Texas, drilling permits and wellbore file, Sep 26, 2026 (source 1, source 2). The acres are what the operator filed; they are not a survey.

Estimator

Estimate your royalty for this lease

A rough check before you look at a statement: the state volumes times your decimal, priced at WTI and Henry Hub.

Estimator

What could your check be?

Your decimal interest is the small number on your division order that says what share of the whole lease (8/8ths) is yours. Type it in and we apply it to what the state says JOHNSON 86 sold each month.

For example 0.00097656, or a fraction like 1/1024.

Dollars per barrel. Your statements show the gap your operator uses. Leave 0 to price oil at WTI.

Your estimate appears here

Enter your decimal to see an estimated royalty for each of the last 12 months this lease reported. Nothing you type leaves your browser.

An estimate, not your check

It ignores gathering and processing fees, taxes, plant products and the price your operator actually gets, so your statement will differ. Use it as a ceiling to compare against.

Ledger

36 months, newest first

Compare these numbers with your statements. Your share of a month is the “Oil sold” volume times your decimal. Scroll sideways on a phone.
Monthly production, disposition and prices for JOHNSON 86
MonthOil producedbblOil soldbblWTI$ per bblHenry Hub$ per MMBtu
Jul 2026Extex Operating187171$80.46$2.89
Jun 2026Extex Operating217260$84.81$3.15
May 2026Extex Operating166179$102.13$2.94
Apr 2026Extex Operating190170$100.32$2.77
Mar 2026Extex Operating155172$91.38$3.04
Feb 2026Extex Operating208255$64.51$3.62
Jan 2026Extex Operating12392$60.04$7.72
Dec 2025Extex Operating12690$57.97$4.26
Nov 2025Extex Operating114174$60.06$3.79
Oct 2025Extex Operating12683$60.89$3.19
Sep 2025Extex Operating13093$63.96$2.97
Aug 2025Extex Operating186172$64.86$2.91
Jul 2025Extex Operating200270$68.39$3.20
Jun 2025Extex Operating216186$68.17$3.02
May 2025Extex Operating227214$62.17$3.12
Apr 2025Extex Operating265321$63.54$3.42
Mar 2025Extex Operating12192$68.24$4.12
Feb 2025Extex Operating13295$71.53$4.19
Jan 2025Extex Operating130190$75.74$4.13
Dec 2024Extex Operating14697$70.12$3.01
Nov 2024Extex Operating141189$69.95$2.12
Oct 2024Extex Operating120185$71.99$2.20
Sep 2024Extex Operating15695$70.24$2.28
Aug 2024Extex Operating194267$76.68$1.99
Jul 2024Extex Operating13293$81.80$2.07
Jun 2024Extex Operating9891$79.77$2.54
May 2024Extex Operating12491$80.02$2.12
Apr 2024Extex Operating457465$85.35$1.60
Mar 2024Extex Operating3299$81.28$1.49
Feb 2024Extex Operating172186$77.25$1.72
Jan 2024Extex Operating16398$74.15$3.18
Dec 2023Extex Operating193193$71.90$2.52
Nov 2023Extex Operating198198$77.69$2.71
Oct 2023Extex Operating243243$85.64$2.98
Sep 2023Extex Operating253263$89.43$2.64
Aug 2023Extex Operating153176$81.39$2.58

No report filed More than 3% of gas flared

SourceVolumes: Texas Railroad Commission Production Data Query, reported through Jul 2026. Prices: EIA WTI Cushing spot and Henry Hub spot, monthly, through Aug 2026. “Gas sold” is gas sent to a transmission line (code 2) or a plant (code 3).

Check your statements

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Upload your statements for JOHNSON 86. We compare volumes, prices, deductions and timing with the state record and give you the exact question to ask Extex Operating Company.

  • A month that was never paid
  • Your share of the barrels and mcf
  • The price against WTI and Henry Hub
  • Fees taken on gas
  • Late payment interest

Around this lease

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Everything on this page connects to the operator, field and county records. Start from any of them.

Extex Operating Company in Loving County

All Extex Operating Company leases →

Dimmitt (Delaware Cons) field

All leases in this field →

Leases within 10 km

Found by the location of their wells.

Drilling permits within 10 km

  • WHITE OAK 53-2 E #4553H

    new drill · horizontal · Pdeh LLC · Loving County · 2.7 km away

    Permit 0918846 · Sep 25, 2026

  • WHITE OAK 53-2 I #4543H

    new drill · horizontal · Pdeh LLC · Loving County · 2.7 km away

    Permit 0918849 · Sep 25, 2026

  • WHITE OAK 53-2 J #4544H

    new drill · horizontal · Pdeh LLC · Loving County · 2.7 km away

    Permit 0918844 · Sep 24, 2026

  • WHITE OAK 53-2 H #4542H

    new drill · horizontal · Pdeh LLC · Loving County · 2.6 km away

    Permit 0918838 · Sep 24, 2026

  • WHITE OAK 53-2 G #4541H

    new drill · horizontal · Pdeh LLC · Loving County · 2.6 km away

    Permit 0918836 · Sep 24, 2026

How to read this page

Questions owners ask

What is a decimal interest?

It is your share of the whole lease, written as a decimal. A 1/4 royalty on 5 net acres in a 1,280-acre unit is 1/4 × 5 ÷ 1,280 = 0.00097656. Your division order states yours.

How do I use this page to check a royalty check?

Take the “Oil sold” volume for the month the check covers and multiply it by your decimal. The answer should match the barrels on your statement. If it does not, upload the statement and we will show where the two differ.

Why is the newest month Jul 2026?

The Railroad Commission publishes production two to three months after the fact and revises recent months. We re-pull the latest three months on every update.

Does this page show what my check should be?

No. It shows what the state recorded. Prices, fees and taxes depend on your lease and on what your operator gets for the oil and gas. The estimator gives a ceiling to compare against.

Sources and method

Where these numbers come from

  • Production and disposition by month: Texas Railroad Commission Production Data Query, oil lease 39709, district 08, reported through Jul 2026.
  • Wells: Texas Railroad Commission Wellbore Query.
  • Prices: U.S. Energy Information Administration, WTI Cushing spot and Henry Hub spot, monthly.
  • Page updated Sep 28, 2026.

We show the state’s numbers as filed. Where the state has no report for a month, we say so instead of guessing.