FOSTER, MARY ACCT. #2
FOSTER, MARY ACCT. #2 is a Texas oil lease in Mitchell County, Railroad Commission district 08, operated by Parker & Parsley Development Co. It has 74 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 991,342 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 $6.1M, with roughly $1.4M 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 1,937 barrels a month, about 26 per wellbore. Its strongest month on the record we hold was October 2016, at 4,072 barrels. 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, MARY ACCT. #2
- Who operates FOSTER, MARY ACCT. #2?
- FOSTER, MARY ACCT. #2 is operated by Parker & Parsley Development Co., Railroad Commission of Texas operator number 640889.
- Where is FOSTER, MARY ACCT. #2?
- FOSTER, MARY ACCT. #2 is a Texas oil lease in Mitchell County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 12160.
- Is FOSTER, MARY ACCT. #2 still producing?
- FOSTER, MARY ACCT. #2 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FOSTER, MARY ACCT. #2 is August 2026.
- How much has FOSTER, MARY ACCT. #2 produced?
- FOSTER, MARY ACCT. #2 has reported 991,342 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 74 wellbores.
- How much is FOSTER, MARY ACCT. #2 worth?
- The remaining production from FOSTER, MARY ACCT. #2 is estimated to be worth about $6.1M in total as of 26 August 2026, within a range of $5.1M to $7.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FOSTER, MARY ACCT. #2 is a fraction of it. The estimate fits an Arps decline curve to the production FOSTER, MARY ACCT. #2 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FOSTER, MARY ACCT. #2 is an estimate of value, not an offer and not an appraisal.
- How much income does FOSTER, MARY ACCT. #2 generate in a year?
- FOSTER, MARY ACCT. #2 is forecast to net about $1.4M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in FOSTER, MARY ACCT. #2 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Parker & Parsley Development Co. |
|---|---|
| Field | Iatan (San Andres) |
| County | Mitchell County, Texas |
| RRC district | 08 |
| Lease number | 12160 |
| Wellbores | 74 |
| Reported production | 991,342 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $6.1M |
Where FOSTER, MARY ACCT. #2 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.