FOSTER
FOSTER is a Texas oil lease in Ector County, Railroad Commission district 08, operated by Schlagal, Robert. It has 7 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 233,141 barrels. 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 $134K, with roughly $26K 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 30 barrels a month, about 4 per wellbore. Its strongest month on the record we hold was May 2016, at 859 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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
- Who operates FOSTER?
- FOSTER is operated by Schlagal, Robert, Railroad Commission of Texas operator number 753985.
- Where is FOSTER?
- FOSTER is a Texas oil lease in Ector County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 08793.
- Is FOSTER still producing?
- FOSTER is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FOSTER is August 2026.
- How much has FOSTER produced?
- FOSTER has reported 233,141 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 7 wellbores.
- How much is FOSTER worth?
- The remaining production from FOSTER is estimated to be worth about $134K in total as of 26 August 2026, within a range of $74K to $194K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FOSTER is a fraction of it. The estimate fits an Arps decline curve to the production FOSTER has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FOSTER is an estimate of value, not an offer and not an appraisal.
- How much income does FOSTER generate in a year?
- FOSTER is forecast to net about $26K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in FOSTER receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Schlagal, Robert |
|---|---|
| Field | Cowden, South |
| County | Ector County, Texas |
| RRC district | 08 |
| Lease number | 08793 |
| Wellbores | 7 |
| Reported production | 233,141 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $134K |
Where FOSTER 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.