NORTH FOSTER UNIT
NORTH FOSTER UNIT is a Texas oil lease in Ector County, Railroad Commission district 08, operated by Anadarko Petroleum Corporation. It has 119 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 3,109,569 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 $7.8M, with roughly $1.8M 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 3,136 barrels a month, about 26 per wellbore. Its strongest month on the record we hold was May 2016, at 5,902 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 NORTH FOSTER UNIT
- Who operates NORTH FOSTER UNIT?
- NORTH FOSTER UNIT is operated by Anadarko Petroleum Corporation, Railroad Commission of Texas operator number 020572.
- Where is NORTH FOSTER UNIT?
- NORTH FOSTER UNIT is a Texas oil lease in Ector County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 16940.
- Is NORTH FOSTER UNIT still producing?
- NORTH FOSTER UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for NORTH FOSTER UNIT is August 2026.
- How much has NORTH FOSTER UNIT produced?
- NORTH FOSTER UNIT has reported 3,109,569 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 119 wellbores.
- How much is NORTH FOSTER UNIT worth?
- The remaining production from NORTH FOSTER UNIT is estimated to be worth about $7.8M in total as of 27 August 2026, within a range of $6.5M to $9.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in NORTH FOSTER UNIT is a fraction of it. The estimate fits an Arps decline curve to the production NORTH FOSTER UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for NORTH FOSTER UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does NORTH FOSTER UNIT generate in a year?
- NORTH FOSTER UNIT is forecast to net about $1.8M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in NORTH FOSTER UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Anadarko Petroleum Corporation |
|---|---|
| Field | Foster |
| County | Ector County, Texas |
| RRC district | 08 |
| Lease number | 16940 |
| Wellbores | 119 |
| Reported production | 3,109,569 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $7.8M |
Where NORTH FOSTER 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.