FOSTER "33"
FOSTER "33" is a Texas oil lease in Sterling County, Railroad Commission district 08, operated by Williams-Cody, Inc. It has 13 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 40,831 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 $96K, with roughly $13K 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 4 barrels a month. Its strongest month on the record we hold was March 2017, at 91 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 "33"
- Who operates FOSTER "33"?
- FOSTER "33" is operated by Williams-Cody, Inc., Railroad Commission of Texas operator number 924809.
- Where is FOSTER "33"?
- FOSTER "33" is a Texas oil lease in Sterling County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 24817.
- Is FOSTER "33" still producing?
- FOSTER "33" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FOSTER "33" is August 2026.
- How much has FOSTER "33" produced?
- FOSTER "33" has reported 40,831 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 13 wellbores.
- How much is FOSTER "33" worth?
- The remaining production from FOSTER "33" is estimated to be worth about $96K in total as of 26 August 2026, within a range of $0 to $191K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FOSTER "33" is a fraction of it. The estimate fits an Arps decline curve to the production FOSTER "33" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FOSTER "33" is an estimate of value, not an offer and not an appraisal.
- How much income does FOSTER "33" generate in a year?
- FOSTER "33" is forecast to net about $13K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in FOSTER "33" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Williams-Cody, Inc. |
|---|---|
| Field | Conger (Penn) |
| County | Sterling County, Texas |
| RRC district | 08 |
| Lease number | 24817 |
| Wellbores | 13 |
| Reported production | 40,831 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $96K |
Where FOSTER "33" 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.