FOSTER-PEGUES UNIT
FOSTER-PEGUES UNIT is a Texas oil lease in Ector County, Railroad Commission district 08, operated by Laguna Petroleum Corporation. It has 23 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 709,446 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 $927K, with roughly $210K 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 382 barrels a month, about 17 per wellbore. Its strongest month on the record we hold was September 2016, at 2,257 barrels. 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 FOSTER-PEGUES UNIT
- Who operates FOSTER-PEGUES UNIT?
- FOSTER-PEGUES UNIT is operated by Laguna Petroleum Corporation, Railroad Commission of Texas operator number 482327.
- Where is FOSTER-PEGUES UNIT?
- FOSTER-PEGUES UNIT is a Texas oil lease in Ector County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 22199.
- Is FOSTER-PEGUES UNIT still producing?
- FOSTER-PEGUES UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FOSTER-PEGUES UNIT is August 2026.
- How much has FOSTER-PEGUES UNIT produced?
- FOSTER-PEGUES UNIT has reported 709,446 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 23 wellbores.
- How much is FOSTER-PEGUES UNIT worth?
- The remaining production from FOSTER-PEGUES UNIT is estimated to be worth about $927K in total as of 27 August 2026, within a range of $723K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FOSTER-PEGUES UNIT is a fraction of it. The estimate fits an Arps decline curve to the production FOSTER-PEGUES UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FOSTER-PEGUES UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does FOSTER-PEGUES UNIT generate in a year?
- FOSTER-PEGUES UNIT is forecast to net about $210K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in FOSTER-PEGUES UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Laguna Petroleum Corporation |
|---|---|
| Field | Foster |
| County | Ector County, Texas |
| RRC district | 08 |
| Lease number | 22199 |
| Wellbores | 23 |
| Reported production | 709,446 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $927K |
Where FOSTER-PEGUES UNIT 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.