RW FOSTER 16
RW FOSTER 16 is a Texas gas lease in Sterling County, Railroad Commission district 08, operated by Range Production Company. It has 1 wellbore on file with the Commission. Reported production runs from April 2000 to August 2026, totalling 241,231 thousand cubic feet. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $44K, with roughly $6K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 172 thousand cubic feet a month. Its strongest month on the record we hold was October 2021, at 615 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 22% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about RW FOSTER 16
- Who operates RW FOSTER 16?
- RW FOSTER 16 is operated by Range Production Company, Railroad Commission of Texas operator number 691703.
- Where is RW FOSTER 16?
- RW FOSTER 16 is a Texas gas lease in Sterling County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 177461.
- Is RW FOSTER 16 still producing?
- RW FOSTER 16 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RW FOSTER 16 is August 2026.
- How much has RW FOSTER 16 produced?
- RW FOSTER 16 has reported 241,231 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between April 2000 and August 2026, from 1 wellbore.
- How much is RW FOSTER 16 worth?
- The remaining production from RW FOSTER 16 is estimated to be worth about $44K in total as of 26 August 2026, within a range of $35K to $54K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RW FOSTER 16 is a fraction of it. The estimate fits an Arps decline curve to the production RW FOSTER 16 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RW FOSTER 16 is an estimate of value, not an offer and not an appraisal.
- How much income does RW FOSTER 16 generate in a year?
- RW FOSTER 16 is forecast to net about $6K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in RW FOSTER 16 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Range Production Company |
|---|---|
| Field | Conger (Penn) |
| County | Sterling County, Texas |
| RRC district | 08 |
| Lease number | 177461 |
| Wellbores | 1 |
| Reported production | 241,231 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $44K |
Where RW FOSTER 16 sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.