FOSTER RANCH
FOSTER RANCH is a Texas oil lease in Dickens County, Railroad Commission district 8A, operated by Creed Operating Co., LLC. It has 3 wellbores on file with the Commission. Reported production runs from March 2008 to August 2026, totalling 126,313 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 $946K, with roughly $182K 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 234 barrels a month, about 78 per wellbore. Its strongest month on the record we hold was July 2020, at 737 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 RANCH
- Who operates FOSTER RANCH?
- FOSTER RANCH is operated by Creed Operating Co., LLC, Railroad Commission of Texas operator number 188555.
- Where is FOSTER RANCH?
- FOSTER RANCH is a Texas oil lease in Dickens County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 69234.
- Is FOSTER RANCH still producing?
- FOSTER RANCH is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FOSTER RANCH is August 2026.
- How much has FOSTER RANCH produced?
- FOSTER RANCH has reported 126,313 barrels of oil (bbl) to the Railroad Commission of Texas between March 2008 and August 2026, from 3 wellbores.
- How much is FOSTER RANCH worth?
- The remaining production from FOSTER RANCH is estimated to be worth about $946K in total as of 26 August 2026, within a range of $738K to $1.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FOSTER RANCH is a fraction of it. The estimate fits an Arps decline curve to the production FOSTER RANCH has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FOSTER RANCH is an estimate of value, not an offer and not an appraisal.
- How much income does FOSTER RANCH generate in a year?
- FOSTER RANCH is forecast to net about $182K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in FOSTER RANCH receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Creed Operating Co., LLC |
|---|---|
| Field | Keller Ridge (Lower Tannehill) |
| County | Dickens County, Texas |
| RRC district | 8A |
| Lease number | 69234 |
| Wellbores | 3 |
| Reported production | 126,313 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $946K |
Where FOSTER RANCH 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.