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 - Apr 2025
Total Oil Production294,172 BBLs
Total Gas Production2,795,005 MCF
Recent Oil Production1,284 BBLs in Mar 2025
Recent Gas Production18,320 MCF in Mar 2025
Wells on Property2

Our Valuation Estimates for Founders Johnson State

ShaleAssessment

$75,593 *

MarketMultiple

$213,858 **

* 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 Apr 2025

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, TX1,035 BBLs22,879 MCFApr 2025
Black Maple Hill State 12 1HReeves County, TX1,456 BBLs27,995 MCFApr 2025
Blantons 20-23e Unit 1HReeves County, TX952 BBLs33,870 MCFApr 2025
Buffalo 55-5-39 1HReeves County, TX166 BBLs9,206 MCFApr 2025
Bulleit 12-15-16 UnitReeves County, TX6,990 BBLs159,426 MCFApr 2025
Diamond BackReeves County, TX22 BBLs2,269 MCFMar 2025
Knob Creek 12-11 Unit 1HReeves County, TX916 BBLs44,919 MCFApr 2025
Larceny 12-11W Unit 1HReeves County, TX160 BBLs19,020 MCFApr 2025
Pappy Van Winkle State 20-23 1HReeves County, TX4,315 BBLs74,603 MCFApr 2025
Rio Lobo StateReeves County, TX159,501 BBLs1,364,559 MCFApr 2025
Sandhu StateReeves County, TX1,114 BBLs24,145 MCFApr 2025
State DragonflyReeves County, TX6,590 BBLs97,351 MCFApr 2025
State Einhorn Unit 7Reeves County, TX26,004 BBLs377,988 MCFApr 2025
State Finkle Unit 7Reeves County, TX0 BBLs0 MCFMay 2025
State Firefly 24 UnitReeves County, TX432 BBLs5,483 MCFApr 2025
State Mayfly UnitReeves County, TX2,416 BBLs54,851 MCFApr 2025
State OatmanReeves County, TX0 BBLs0 MCFFeb 2021
State Papillon UnitReeves County, TX17,488 BBLs172,163 MCFApr 2025
State Stonefly UnitReeves County, TX12,197 BBLs291,826 MCFApr 2025
Westway 2122Reeves County, TX4,466 BBLs64,350 MCFApr 2025

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 STATEApr 2025BML INCFORTRESS 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
08-49964FOUNDERS JOHNSON STATEFeb 2025EAGLECLAW MIDSTREAM VENTURES, LLCFORTRESS ENERGY DELAWARE LLC
08-49964FOUNDERS JOHNSON STATEJan 2025BML INCFORTRESS ENERGY DELAWARE LLC
08-49964FOUNDERS JOHNSON STATEJan 2025EAGLECLAW MIDSTREAM VENTURES, LLCFORTRESS ENERGY DELAWARE LLC
08-49964FOUNDERS JOHNSON STATEDec 2024BML INCFORTRESS ENERGY DELAWARE LLC
08-49964FOUNDERS JOHNSON STATEDec 2024EAGLECLAW MIDSTREAM VENTURES, LLCFORTRESS ENERGY DELAWARE LLC
08-49964FOUNDERS JOHNSON STATENov 2024BML INCFORTRESS ENERGY DELAWARE LLC
08-49964FOUNDERS JOHNSON STATENov 2024EAGLECLAW MIDSTREAM VENTURES, LLCFORTRESS ENERGY DELAWARE LLC
08-49964FOUNDERS JOHNSON STATEOct 2024BML INCFORTRESS ENERGY DELAWARE LLC
08-49964FOUNDERS JOHNSON STATEOct 2024EAGLECLAW MIDSTREAM VENTURES, LLCFORTRESS 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