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 - Nov 2025
Total Oil Production301,929 BBLs
Total Gas Production2,907,622 MCF
Recent Oil Production1,199 BBLs in Oct 2025
Recent Gas Production13,572 MCF in Oct 2025
Wells on Property2

Our Valuation Estimates for Founders Johnson State

ShaleAssessment

$69,765 *

MarketMultiple

$192,062 **

* 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 Nov 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, TX533 BBLs20,882 MCFNov 2025
Black Maple Hill State 12 1HReeves County, TX1,317 BBLs24,853 MCFNov 2025
Blantons 20-23e Unit 1HReeves County, TX378 BBLs13,135 MCFNov 2025
Buffalo 55-5-39 1HReeves County, TX175 BBLs10,080 MCFNov 2025
Citation 14Reeves County, TX296 BBLs8,024 MCFOct 2025
Diamond BackReeves County, TX0 BBLs0 MCFJun 2025
Knob Creek 12-11 Unit 1HReeves County, TX429 BBLs32,213 MCFNov 2025
Larceny 12-11W Unit 1HReeves County, TX28 BBLs2,279 MCFNov 2025
Pappy Van Winkle State 20-23 1HReeves County, TX3,729 BBLs67,682 MCFNov 2025
Rio Lobo StateReeves County, TX54,960 BBLs782,033 MCFNov 2025
Sandhu StateReeves County, TX1,031 BBLs21,859 MCFNov 2025
State DragonflyReeves County, TX29,008 BBLs424,381 MCFNov 2025
State Einhorn Unit 7Reeves County, TX24,681 BBLs407,552 MCFNov 2025
State Finkle Unit 7Reeves County, TX42,500 BBLs513,020 MCFNov 2025
State Firefly 24 UnitReeves County, TX379 BBLs5,222 MCFNov 2025
State Mayfly UnitReeves County, TX2,212 BBLs35,200 MCFNov 2025
State OatmanReeves County, TX0 BBLs0 MCFFeb 2021
State Papillon UnitReeves County, TX14,244 BBLs145,827 MCFNov 2025
State Stonefly UnitReeves County, TX7,058 BBLs186,684 MCFNov 2025
Westway 2122Reeves County, TX3,098 BBLs48,405 MCFNov 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
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 STATEDec 2025BML INCFORTRESS 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
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