FOSTER UNIT
FOSTER UNIT is a Texas gas lease in Wise County, Railroad Commission district 09, operated by Western Chief Oil & Gas Company. It has 1 wellbore on file with the Commission. Reported production runs from February 2006 to August 2026, totalling 376,862 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 $94K, with roughly $14K 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 637 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 977 thousand cubic feet. 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 UNIT
- Who operates FOSTER UNIT?
- FOSTER UNIT is operated by Western Chief Oil & Gas Company, Railroad Commission of Texas operator number 911802.
- Where is FOSTER UNIT?
- FOSTER UNIT is a Texas gas lease in Wise County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 225199.
- Is FOSTER UNIT still producing?
- FOSTER UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FOSTER UNIT is August 2026.
- How much has FOSTER UNIT produced?
- FOSTER UNIT has reported 376,862 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between February 2006 and August 2026, from 1 wellbore.
- How much is FOSTER UNIT worth?
- The remaining production from FOSTER UNIT is estimated to be worth about $94K in total as of 26 August 2026, within a range of $73K to $114K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FOSTER UNIT is a fraction of it. The estimate fits an Arps decline curve to the production 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 FOSTER UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does FOSTER UNIT generate in a year?
- FOSTER UNIT is forecast to net about $14K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in FOSTER UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Western Chief Oil & Gas Company |
|---|---|
| Field | Gas Finders (Congl.) |
| County | Wise County, Texas |
| RRC district | 09 |
| Lease number | 225199 |
| Wellbores | 1 |
| Reported production | 376,862 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $94K |
Where 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.