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Texas oil lease

Producing

JOHNSTON, J. H. "B"

Johnston, J. H. "B" is an oil lease in Tom Green County, Texas, operated by Gilstrap, Joel in the Water Valley (Clear Fork) field.

2 wells

353bbl oil, last 12 months+6% vs prior year
Operator
Gilstrap, Joel
County
Tom Green County
Field
Water Valley (Clear Fork)
RRC lease
7C-12244

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Where it sits

This county

Tom Green CountyTom GreenIrionRunnelsSterlingConchoCokeTom Green County
Tom Green County
Oil in Jul 2026
29 bbl
Reporting since
Jan 2020

Checks stopped on this lease?

  • P-5

    The current operator's P-5 registration is listed as delinquent (last P-5 filed Aug 4, 2025).

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

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Production by month

Oil output rose 6% over the last 12 months

  • Oil (bars)
  • Last 12 months
Oil output rose 6% over the last 12 monthsMonthly oil production for JOHNSTON, J. H. "B", Aug 2023 to Jul 2026. Oil output rose 6% over the last 12 months. 353 bbl in the 12 months through Jul 2026, against 334 bbl in the 12 months before.Last 12 months: 353 bblbbl per month020406080Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 6% over the last 12 monthsMonthly oil production for JOHNSTON, J. H. "B", Aug 2023 to Jul 2026. Oil output rose 6% over the last 12 months. 353 bbl in the 12 months through Jul 2026, against 334 bbl in the 12 months before.Last 12 monthsbbl per month020406080Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

No gas disposition reported for this lease

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

2 wells on this lease

Wells on JOHNSTON, J. H. "B"
API numberWell no.Status
42-451-103506Active
42-451-318029Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Trans Crude Marketing LLCOilGathers100Jul 1, 2025–
Plains Marketing, L.p.OilGathers100Mar 1, 2002Jul 1, 2025

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

Who buys my oilOil price check

20 acres on the newest permit

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Permits for Johnston, J. H. "B"
API numberWell no.Acreson the permit
42-451-31802920
42-451-103506–

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

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36 months, newest first

Ledger for JOHNSTON, J. H. "B"
MonthOil producedbblOil soldbblWTI$/bblHenry Hub$/MMBtu
Jul 20262929$80.46$2.89
Jun 20262929$84.81$3.15
May 20262929$102.13$2.94
Apr 20263030$100.32$2.77
Mar 20263636$91.38$3.04
Feb 20263030$64.51$3.62
Jan 20263737$60.04$7.72
Dec 20252525$57.97$4.26
Nov 20253030$60.06$3.79
Oct 20252525$60.89$3.19
Sep 20253030$63.96$2.97
Aug 20252323$64.86$2.91
Jul 20253131$68.39$3.20
Jun 20252929$68.17$3.02
May 20255757$62.17$3.12
Apr 20252727$63.54$3.42
Mar 20252727$68.24$4.12
Feb 20251717$71.53$4.19
Jan 20251717$75.74$4.13
Dec 20241717$70.12$3.01
Nov 20241717$69.95$2.12
Oct 20243939$71.99$2.20
Sep 20242727$70.24$2.28
Aug 20242929$76.68$1.99
Jul 20243232$81.80$2.07
Jun 20243030$79.77$2.54
May 20243030$80.02$2.12
Apr 20243333$85.35$1.60
Mar 20243434$81.28$1.49
Feb 20243535$77.25$1.72
Jan 20242424$74.15$3.18
Dec 20233434$71.90$2.52
Nov 20232535$77.69$2.71
Oct 20233020$85.64$2.98
Sep 20233434$89.43$2.64
Aug 20233535$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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Nearby

This lease belongs to

OperatorGilstrap, JoelFieldWater Valley (Clear Fork)CountyTom Green County

Gilstrap, Joel in Tom Green County

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Water Valley (Clear Fork) field

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