FOSTER, MIMI & PAPA
FOSTER, MIMI & PAPA is a Texas oil lease in Brazos County, Railroad Commission district 03, operated by Reserve Production, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 30,026 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 $653, with roughly $126 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 31 barrels a month. Its strongest month on the record we hold was March 2025, at 137 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, MIMI & PAPA
- Who operates FOSTER, MIMI & PAPA?
- FOSTER, MIMI & PAPA is operated by Reserve Production, Inc., Railroad Commission of Texas operator number 703363.
- Where is FOSTER, MIMI & PAPA?
- FOSTER, MIMI & PAPA is a Texas oil lease in Brazos County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 19426.
- Is FOSTER, MIMI & PAPA still producing?
- FOSTER, MIMI & PAPA is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FOSTER, MIMI & PAPA is August 2026.
- How much has FOSTER, MIMI & PAPA produced?
- FOSTER, MIMI & PAPA has reported 30,026 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is FOSTER, MIMI & PAPA worth?
- The remaining production from FOSTER, MIMI & PAPA is estimated to be worth about $653 in total as of 27 August 2026, within a range of $359 to $947. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FOSTER, MIMI & PAPA is a fraction of it. The estimate fits an Arps decline curve to the production FOSTER, MIMI & PAPA has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FOSTER, MIMI & PAPA is an estimate of value, not an offer and not an appraisal.
- How much income does FOSTER, MIMI & PAPA generate in a year?
- FOSTER, MIMI & PAPA is forecast to net about $126 across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in FOSTER, MIMI & PAPA receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Reserve Production, Inc. |
|---|---|
| Field | Kurten (Austin Chalk) |
| County | Brazos County, Texas |
| RRC district | 03 |
| Lease number | 19426 |
| Wellbores | 1 |
| Reported production | 30,026 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $653 |
Where FOSTER, MIMI & PAPA 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.