FOSTER, -C-
FOSTER, -C- is a Texas oil lease in Ector County, Railroad Commission district 08, operated by Kerr-Mcgee Corporation. It has 16 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 558,049 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 $1.6M, with roughly $401K 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 624 barrels a month, about 39 per wellbore. Its strongest month on the record we hold was May 2016, at 1,207 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, -C-
- Who operates FOSTER, -C-?
- FOSTER, -C- is operated by Kerr-Mcgee Corporation, Railroad Commission of Texas operator number 457780.
- Where is FOSTER, -C-?
- FOSTER, -C- is a Texas oil lease in Ector County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 01561.
- Is FOSTER, -C- still producing?
- FOSTER, -C- is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FOSTER, -C- is August 2026.
- How much has FOSTER, -C- produced?
- FOSTER, -C- has reported 558,049 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 16 wellbores.
- How much is FOSTER, -C- worth?
- The remaining production from FOSTER, -C- is estimated to be worth about $1.6M in total as of 26 August 2026, within a range of $1.2M to $1.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FOSTER, -C- is a fraction of it. The estimate fits an Arps decline curve to the production FOSTER, -C- has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FOSTER, -C- is an estimate of value, not an offer and not an appraisal.
- How much income does FOSTER, -C- generate in a year?
- FOSTER, -C- is forecast to net about $401K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in FOSTER, -C- receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Kerr-Mcgee Corporation |
|---|---|
| Field | Foster |
| County | Ector County, Texas |
| RRC district | 08 |
| Lease number | 01561 |
| Wellbores | 16 |
| Reported production | 558,049 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.6M |
Where FOSTER, -C- 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.