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Royalty Clerk

Texas oil lease

Producing

JOHNSTON OIL UNIT NO. 1

Johnston Oil Unit No. 1 is an oil lease in Liberty County, Texas, operated by Odum Oil & Gas Co. in the Hardin field.

1 well

518bbl oil, last 12 months−35% vs prior year
Field
Hardin
RRC lease
03-07851

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Where it sits

This county

Liberty CountyLibertySan JacintoChambersHardinJasperJeffersonMontgomeryTylerHarrisPolkLiberty County
Liberty County
Oil in Jul 2026
1 bbl
Reporting since
Jan 2020

Production by month

Oil output fell 35% over the last 12 months

  • Oil (bars)
  • Last 12 months
Oil output fell 35% over the last 12 monthsMonthly oil production for JOHNSTON OIL UNIT NO. 1, Aug 2023 to Jul 2026. Oil output fell 35% over the last 12 months. 518 bbl in the 12 months through Jul 2026, against 795 bbl in the 12 months before.Last 12 months: 518 bblbbl per month0255075100Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 35% over the last 12 monthsMonthly oil production for JOHNSTON OIL UNIT NO. 1, Aug 2023 to Jul 2026. Oil output fell 35% over the last 12 months. 518 bbl in the 12 months through Jul 2026, against 795 bbl in the 12 months before.Last 12 monthsbbl per month0255075100Jan 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.

1 well on this lease

Wells on JOHNSTON OIL UNIT NO. 1
API numberWell no.Status
42-291-049441 HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Gulfmark Energy, Inc.OilGathers100Feb 1, 2025–
Energy Trans Crude Marketing LLCOilGathers50Jun 1, 2021Feb 1, 2025
Energy Transfer Marketing & TermOilGathers50Dec 1, 2022Feb 1, 2025
Sunoco Ptnrs. Mktg.&terminals LPOilGathers50Jun 1, 2021Dec 1, 2022
Sunoco Ptnrs. Mktg.&terminals LPOilGathers100Jul 2, 2019Jun 1, 2021
Energy Transfer CompanyOilGathers100Jul 1, 2019Jul 2, 2019
Shell Trading (Us) CompanyOilGathers100Oct 1, 2002Jul 1, 2019

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

What the drilling permits say

  • Good to know

    The state has no unit acreage for this lease

    Ask the operator for the acreage on your well's division order and unit plat.

Check your decimal on this lease
Permits for Johnston Oil Unit No. 1
API numberWell no.Acreson the permit
42-291-049441 F–
42-291-049441 H–

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

Estimate your royalty

36 months, newest first

Ledger for JOHNSTON OIL UNIT NO. 1
MonthOil producedbblOil soldbblWTI$/bblHenry Hub$/MMBtu
Jul 2026119$80.46$2.89
Jun 2026724$84.81$3.15
May 20265750$102.13$2.94
Apr 20265942$100.32$2.77
Mar 202600$91.38$3.04
Feb 2026114$64.51$3.62
Jan 20266262$60.04$7.72
Dec 20256564$57.97$4.26
Nov 20256264$60.06$3.79
Oct 20256564$60.89$3.19
Sep 20256768$63.96$2.97
Aug 20257267$64.86$2.91
Jul 20258158$68.39$3.20
Jun 20256267$68.17$3.02
May 20257267$62.17$3.12
Apr 20256966$63.54$3.42
Mar 20255859$68.24$4.12
Feb 20256163$71.53$4.19
Jan 20256560$75.74$4.13
Dec 202465119$70.12$3.01
Nov 20246559$69.95$2.12
Oct 20246560$71.99$2.20
Sep 20246563$70.24$2.28
Aug 20246762$76.68$1.99
Jul 20246052$81.80$2.07
Jun 20246958$79.77$2.54
May 20245556$80.02$2.12
Apr 20247162$85.35$1.60
Mar 202472125$81.28$1.49
Feb 20246661$77.25$1.72
Jan 20247262$74.15$3.18
Dec 20237462$71.90$2.52
Nov 20233638$77.69$2.71
Oct 20237060$85.64$2.98
Sep 20234750$89.43$2.64
Aug 20238355$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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