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 - Mar 2026
Total Oil Production306,177 BBLs
Total Gas Production2,968,746 MCF
Recent Oil Production967 BBLs in Feb 2026
Recent Gas Production14,826 MCF in Feb 2026
Wells on Property2

Our Valuation Estimates for Founders Johnson State

ShaleAssessment

$66,317 *

MarketMultiple

$201,774 **

* 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 Mar 2026

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, TX868 BBLs21,964 MCFMar 2026
Black Maple Hill State 12 1HReeves County, TX1,239 BBLs21,892 MCFMar 2026
Blantons 20-23e Unit 1HReeves County, TX447 BBLs16,365 MCFMar 2026
Buffalo 55-5-39 1HReeves County, TX179 BBLs7,752 MCFMar 2026
Buffalo Trace State 22-21 UnitReeves County, TX0 BBLs0 MCFSep 2024
Citation 14Reeves County, TX352 BBLs7,730 MCFMar 2026
Diamond BackReeves County, TX0 BBLs532 MCFMar 2026
Knob Creek 12-11 Unit 1HReeves County, TX558 BBLs36,135 MCFMar 2026
Larceny 12-11W Unit 1HReeves County, TX25 BBLs9,788 MCFMar 2026
Pappy Van Winkle State 20-23 1HReeves County, TX3,073 BBLs55,904 MCFMar 2026
Rio Lobo StateReeves County, TX35,285 BBLs529,226 MCFMar 2026
State DragonflyReeves County, TX16,900 BBLs287,666 MCFMar 2026
State Einhorn Unit 7Reeves County, TX34,871 BBLs509,609 MCFMar 2026
State Finkle Unit 7Reeves County, TX43,611 BBLs498,646 MCFMar 2026
State Firefly 24 UnitReeves County, TX367 BBLs3,994 MCFMar 2026
State Mayfly UnitReeves County, TX4,828 BBLs127,500 MCFMar 2026
State OatmanReeves County, TX0 BBLs0 MCFFeb 2021
State Papillon UnitReeves County, TX14,176 BBLs143,830 MCFMar 2026
State Stonefly UnitReeves County, TX9,977 BBLs257,998 MCFMar 2026
Westway 2122Reeves County, TX1,682 BBLs31,769 MCFMar 2026

Owners of Founders Johnson State

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025FED OPERATING LLCFOUNDERS JOHNSON STATE 1HFED OPERATING
2025EXEMPT-STATE OF TEXASFOUNDERS JOHNSON STATE 1HFED OPERATING
2025TOM E JOHNSON LPFOUNDERS JOHNSON STATE 1HFED OPERATING
2025BOYLAN 2004 CHILDREN'S TRUSTFOUNDERS JOHNSON STATE 1HFED OPERATING
2025TERWILLIGER 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 STATEMar 2026BML INCFORTRESS ENERGY DELAWARE LLC
08-49964FOUNDERS JOHNSON STATEFeb 2026BML INCFORTRESS ENERGY DELAWARE LLC
08-49964FOUNDERS JOHNSON STATEFeb 2026EAGLECLAW MIDSTREAM VENTURES, LLCFORTRESS ENERGY DELAWARE LLC
08-49964FOUNDERS JOHNSON STATEJan 2026BML INCFORTRESS ENERGY DELAWARE LLC
08-49964FOUNDERS JOHNSON STATEDec 2025BML INCFORTRESS ENERGY DELAWARE LLC
08-49964FOUNDERS JOHNSON STATEDec 2025EAGLECLAW MIDSTREAM VENTURES, LLCFORTRESS ENERGY DELAWARE LLC
08-49964FOUNDERS JOHNSON STATENov 2025BML INCFORTRESS ENERGY DELAWARE LLC
08-49964FOUNDERS JOHNSON STATENov 2025EAGLECLAW MIDSTREAM VENTURES, LLCFORTRESS ENERGY DELAWARE LLC
08-49964FOUNDERS JOHNSON STATEOct 2025BML INCFORTRESS ENERGY DELAWARE LLC
08-49964FOUNDERS JOHNSON STATEOct 2025EAGLECLAW MIDSTREAM VENTURES, LLCFORTRESS ENERGY DELAWARE LLC
08-49964FOUNDERS JOHNSON STATESep 2025BML INCFORTRESS ENERGY DELAWARE LLC
08-49964FOUNDERS JOHNSON STATESep 2025EAGLECLAW MIDSTREAM VENTURES, LLCFORTRESS ENERGY DELAWARE LLC
08-49964FOUNDERS JOHNSON STATEAug 2025BML INCFORTRESS ENERGY DELAWARE LLC
08-49964FOUNDERS JOHNSON STATEAug 2025EAGLECLAW MIDSTREAM VENTURES, LLCFORTRESS ENERGY DELAWARE LLC
08-49964FOUNDERS JOHNSON STATEJul 2025BML INCFORTRESS ENERGY DELAWARE LLC
08-49964FOUNDERS JOHNSON STATEJul 2025EAGLECLAW MIDSTREAM VENTURES, LLCFORTRESS ENERGY DELAWARE LLC
08-49964FOUNDERS JOHNSON STATEJun 2025BML INCFORTRESS ENERGY DELAWARE LLC
08-49964FOUNDERS JOHNSON STATEJun 2025EAGLECLAW MIDSTREAM VENTURES, LLCFORTRESS ENERGY DELAWARE LLC
08-49964FOUNDERS JOHNSON STATEMay 2025BML INCFORTRESS ENERGY DELAWARE LLC
08-49964FOUNDERS JOHNSON STATEMay 2025EAGLECLAW MIDSTREAM VENTURES, LLCFORTRESS ENERGY DELAWARE LLC
08-49964FOUNDERS JOHNSON STATEApr 2025BML INCFORTRESS ENERGY DELAWARE LLC
08-49964FOUNDERS JOHNSON STATEApr 2025EAGLECLAW MIDSTREAM VENTURES, LLCFORTRESS ENERGY DELAWARE LLC
08-49964FOUNDERS JOHNSON STATEMar 2025BML INCFORTRESS ENERGY DELAWARE LLC
08-49964FOUNDERS JOHNSON STATEMar 2025EAGLECLAW MIDSTREAM VENTURES, LLCFORTRESS ENERGY DELAWARE LLC
08-49964FOUNDERS JOHNSON STATEFeb 2025BML INCFORTRESS ENERGY DELAWARE LLC