FOSTER, MARY

FOSTER, MARY is a Texas oil lease in Mitchell County, Railroad Commission district 08, operated by Parker & Parsley Development Co. It has 495 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 12,813,468 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $1.0M, with roughly $240K expected over the next twelve months.

OperatorParker & Parsley Development Co.
FieldIatan, East Howard
CountyMitchell County, Texas
RRC district08
Lease number02890
Wellbores495
Reported production12,813,468 bbl
First reportedJanuary 1993
Last reportedAugust 2026
Estimated royalty value$1.0M

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.