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 - Jul 2025
Total Oil Production297,576 BBLs
Total Gas Production2,846,844 MCF
Recent Oil Production1,472 BBLs in Jun 2025
Recent Gas Production17,235 MCF in Jun 2025
Wells on Property2

Our Valuation Estimates for Founders Johnson State

ShaleAssessment

$72,442 *

MarketMultiple

$220,340 **

* 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 Jul 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, TX954 BBLs28,614 MCFJul 2025
Black Maple Hill State 12 1HReeves County, TX1,356 BBLs26,499 MCFJul 2025
Blantons 20-23e Unit 1HReeves County, TX1,079 BBLs27,458 MCFJul 2025
Buffalo 55-5-39 1HReeves County, TX175 BBLs8,713 MCFJul 2025
Citation 14Reeves County, TX219 BBLs7,271 MCFJun 2025
Diamond BackReeves County, TX38 BBLs1,358 MCFJun 2025
Knob Creek 12-11 Unit 1HReeves County, TX734 BBLs41,510 MCFJul 2025
Larceny 12-11W Unit 1HReeves County, TX32 BBLs13,820 MCFJul 2025
Pappy Van Winkle State 20-23 1HReeves County, TX3,742 BBLs66,215 MCFJul 2025
Rio Lobo StateReeves County, TX87,641 BBLs990,167 MCFJul 2025
Sandhu StateReeves County, TX991 BBLs22,453 MCFJul 2025
State DragonflyReeves County, TX0 BBLs0 MCFJul 2025
State Einhorn Unit 7Reeves County, TX39,928 BBLs525,207 MCFJul 2025
State Finkle Unit 7Reeves County, TX20,512 BBLs182,703 MCFJul 2025
State Firefly 24 UnitReeves County, TX397 BBLs5,734 MCFJul 2025
State Mayfly UnitReeves County, TX2,318 BBLs37,055 MCFJul 2025
State OatmanReeves County, TX0 BBLs0 MCFFeb 2021
State Papillon UnitReeves County, TX13,622 BBLs144,554 MCFJul 2025
State Stonefly UnitReeves County, TX8,484 BBLs213,674 MCFJul 2025
Westway 2122Reeves County, TX3,985 BBLs54,557 MCFJul 2025

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
2025TERWILLIGER JOHN FFOUNDERS JOHNSON STATE 1HFED OPERATING
2025BOYLAN 2004 CHILDREN'S TRUSTFOUNDERS 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