FOSTER-FOSTER UNIT SA 248
FOSTER-FOSTER UNIT SA 248 is a Texas gas lease in Lipscomb County, Railroad Commission district 10, operated by Jones Energy, LLC. It has 1 wellbore on file with the Commission. Reported production runs from November 2014 to August 2026, totalling 237,892 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 $652K, with roughly $126K 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 2,843 thousand cubic feet a month. Its strongest month on the record we hold was December 2020, at 5,436 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% 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 FOSTER-FOSTER UNIT SA 248
- Who operates FOSTER-FOSTER UNIT SA 248?
- FOSTER-FOSTER UNIT SA 248 is operated by Jones Energy, LLC, Railroad Commission of Texas operator number 441132.
- Where is FOSTER-FOSTER UNIT SA 248?
- FOSTER-FOSTER UNIT SA 248 is a Texas gas lease in Lipscomb County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 282637.
- Is FOSTER-FOSTER UNIT SA 248 still producing?
- FOSTER-FOSTER UNIT SA 248 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FOSTER-FOSTER UNIT SA 248 is August 2026.
- How much has FOSTER-FOSTER UNIT SA 248 produced?
- FOSTER-FOSTER UNIT SA 248 has reported 237,892 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 2014 and August 2026, from 1 wellbore.
- How much is FOSTER-FOSTER UNIT SA 248 worth?
- The remaining production from FOSTER-FOSTER UNIT SA 248 is estimated to be worth about $652K in total as of 27 August 2026, within a range of $542K to $763K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FOSTER-FOSTER UNIT SA 248 is a fraction of it. The estimate fits an Arps decline curve to the production FOSTER-FOSTER UNIT SA 248 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FOSTER-FOSTER UNIT SA 248 is an estimate of value, not an offer and not an appraisal.
- How much income does FOSTER-FOSTER UNIT SA 248 generate in a year?
- FOSTER-FOSTER UNIT SA 248 is forecast to net about $126K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in FOSTER-FOSTER UNIT SA 248 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Jones Energy, LLC |
|---|---|
| Field | Lipscomb, S.E. (Cleveland) |
| County | Lipscomb County, Texas |
| RRC district | 10 |
| Lease number | 282637 |
| Wellbores | 1 |
| Reported production | 237,892 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $652K |
Where FOSTER-FOSTER UNIT SA 248 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.