FOSTER FARMS
FOSTER FARMS is a Texas gas lease in Fort Bend County, Railroad Commission district 03, operated by Conocophillips Company. It has 1 wellbore on file with the Commission. Reported production runs from September 2005 to August 2026, totalling 1,375,226 thousand cubic feet. 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 $449K, with roughly $75K 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 2,772 thousand cubic feet a month. Its strongest month on the record we hold was May 2023, at 10,139 thousand cubic feet. 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 FOSTER FARMS
- Who operates FOSTER FARMS?
- FOSTER FARMS is operated by Conocophillips Company, Railroad Commission of Texas operator number 172232.
- Where is FOSTER FARMS?
- FOSTER FARMS is a Texas gas lease in Fort Bend County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 215692.
- Is FOSTER FARMS still producing?
- FOSTER FARMS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FOSTER FARMS is August 2026.
- How much has FOSTER FARMS produced?
- FOSTER FARMS has reported 1,375,226 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between September 2005 and August 2026, from 1 wellbore.
- How much is FOSTER FARMS worth?
- The remaining production from FOSTER FARMS is estimated to be worth about $449K in total as of 27 August 2026, within a range of $373K to $526K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FOSTER FARMS is a fraction of it. The estimate fits an Arps decline curve to the production FOSTER FARMS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FOSTER FARMS is an estimate of value, not an offer and not an appraisal.
- How much income does FOSTER FARMS generate in a year?
- FOSTER FARMS is forecast to net about $75K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in FOSTER FARMS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Conocophillips Company |
|---|---|
| Field | Fulshear, S. (Wilcox H) |
| County | Fort Bend County, Texas |
| RRC district | 03 |
| Lease number | 215692 |
| Wellbores | 1 |
| Reported production | 1,375,226 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $449K |
Where FOSTER FARMS 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.