Texas oil lease
ProducingFOSTER "1"
Foster "1" is an oil lease in Gaines County, Texas, operated by Basin Oil & Gas Operating, LLC in the Spraberry (Trend Area) field.
5 wells
- Operator
- Basin Oil & Gas Operating, LLC
- County
- Gaines County
- RRC lease
- 08-41916
Is your check right?
Where it sits
This county
- Oil in Jul 2026
- 145 bbl
- Reporting since
- Jan 2020
Production by month
Oil output fell 24% over the last 12 months
- Oil (bars)
- Last 12 months
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Where the gas went
No gas disposition reported for this lease
Who has run this lease
The operator changed 2 times, most recently in Mar 2022
- Basin Oil & Gas Operating, LLC Mar 2022 to now
- EOG Resources, Inc. Apr 2020 to Feb 2022
- Thompson, J. Cleo Jan 2020 to Mar 2020
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
5 wells on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-165-37344 | 1 | Shut-in |
| 42-165-37465 | 2 | Active |
| 42-165-37524 | 3 | Shut-in |
| 42-165-37643 | 4 | Active |
| 42-165-38026 | 5 | Shut-in |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From | Until |
|---|---|---|---|---|---|
| Bml, Inc. B | Oil | Gathers | 100 | Mar 1, 2022 | – |
| West Texas Gas, Inc. | Casinghead gas | Gathers | 100 | Jun 1, 2019 | Mar 1, 2022 |
| West Texas Gas, Inc. | Casinghead gas | Buys | 100 | Jun 1, 2019 | Mar 1, 2022 |
| Eog Resources Marketing LLC | Oil | Gathers | 50 | Mar 1, 2021 | Mar 1, 2022 |
| Shell Trading (Us) Company | Oil | Gathers | 50 | Mar 1, 2021 | Mar 1, 2022 |
| Eastex Crude Company | Oil | Gathers | 20 | Apr 1, 2020 | Mar 1, 2021 |
| Eog Resources Marketing LLC | Oil | Gathers | 40 | Apr 1, 2020 | Mar 1, 2021 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
492.90 acres on the newest permit
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-165-38026 | 5 | Apr 17, 2014 | Nov 7, 2014 | 492.90 |
| 42-165-37643 | 4 | Aug 9, 2012 | Feb 7, 2013 | 492.90 |
| 42-165-37524 | 3 | Dec 23, 2011 | Apr 17, 2012 | 492.90 |
| 42-165-37465 | 2 | Aug 29, 2011 | Dec 29, 2011 | 492.90 |
| 42-165-37344 | 1 | Mar 22, 2011 | Aug 12, 2011 | 492.98 |
Estimate your royalty
36 months, newest first
| Month | Oil producedbbl | Oil soldbbl | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|
| Jul 2026Basin Oil | 145 | 145 | $80.46 | $2.89 |
| Jun 2026Basin Oil | 158 | 161 | $84.81 | $3.15 |
| May 2026Basin Oil | 147 | 178 | $102.13 | $2.94 |
| Apr 2026Basin Oil | 153 | 164 | $100.32 | $2.77 |
| Mar 2026Basin Oil | 142 | 176 | $91.38 | $3.04 |
| Feb 2026Basin Oil | 131 | 181 | $64.51 | $3.62 |
| Jan 2026Basin Oil | 172 | 172 | $60.04 | $7.72 |
| Dec 2025Basin Oil | 132 | 0 | $57.97 | $4.26 |
| Nov 2025Basin Oil | 118 | 175 | $60.06 | $3.79 |
| Oct 2025Basin Oil | 193 | 180 | $60.89 | $3.19 |
| Sep 2025Basin Oil | 108 | 124 | $63.96 | $2.97 |
| Aug 2025Basin Oil | 136 | 164 | $64.86 | $2.91 |
| Jul 2025Basin Oil | 149 | 173 | $68.39 | $3.20 |
| Jun 2025Basin Oil | 148 | 169 | $68.17 | $3.02 |
| May 2025Basin Oil | 141 | 170 | $62.17 | $3.12 |
| Apr 2025Basin Oil | 141 | 0 | $63.54 | $3.42 |
| Mar 2025Basin Oil | 99 | 172 | $68.24 | $4.12 |
| Feb 2025Basin Oil | 110 | 175 | $71.53 | $4.19 |
| Jan 2025Basin Oil | 159 | 174 | $75.74 | $4.13 |
| Dec 2024Basin Oil | 176 | 179 | $70.12 | $3.01 |
| Nov 2024Basin Oil | 169 | 175 | $69.95 | $2.12 |
| Oct 2024Basin Oil | 308 | 342 | $71.99 | $2.20 |
| Sep 2024Basin Oil | 430 | 531 | $70.24 | $2.28 |
| Aug 2024Basin Oil | 246 | 163 | $76.68 | $1.99 |
| Jul 2024Basin Oil | 138 | 0 | $81.80 | $2.07 |
| Jun 2024Basin Oil | 292 | 352 | $79.77 | $2.54 |
| May 2024Basin Oil | 445 | 542 | $80.02 | $2.12 |
| Apr 2024Basin Oil | 432 | 363 | $85.35 | $1.60 |
| Mar 2024Basin Oil | 498 | 544 | $81.28 | $1.49 |
| Feb 2024Basin Oil | 438 | 349 | $77.25 | $1.72 |
| Jan 2024Basin Oil | 461 | 526 | $74.15 | $3.18 |
| Dec 2023Basin Oil | 480 | 366 | $71.90 | $2.52 |
| Nov 2023Basin Oil | 493 | 732 | $77.69 | $2.71 |
| Oct 2023Basin Oil | 490 | 503 | $85.64 | $2.98 |
| Sep 2023Basin Oil | 586 | 498 | $89.43 | $2.64 |
| Aug 2023Basin Oil | 491 | 660 | $81.39 | $2.58 |
SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.
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Nearby
This lease belongs to
Basin Oil & Gas Operating, LLC in Gaines County
- CONEJOS QUEEN UNIT
30,250 bbl
- JACK HAWK UNIT 298
2,953 bbl
- FOSTER 6
1,614 bbl
- PARMER 317
1,070 bbl
Spraberry (Trend Area) field
- PARKS "5-A"
1,685 bbl
- NEAL-FRANCYS
1,094 bbl
- MAXWELL 15
1,418 bbl
- GLASS
1,319 bbl
- ULS 5-24
1,528 bbl
- BRAUN "A"
1,662 bbl
- DANIEL - HULING UNIT
738 bbl
- MIDKIFF "A"
1,396 bbl
- HITCHCOCK '45'
1,479 bbl
- LARGESSE 8B
1,610 bbl
Leases within 10 km
- FOSTER 6
1,614 bbl · 1 km
- BATES
788 bbl · 2.1 km
- FOSTER '7'
0 bbl · 2.3 km
- HATCHETT
0 bbl · 2.6 km
- WATERS 22
4,012 bbl · 4.2 km
- MORRISON
5,637 bbl · 4.3 km
- STEPHENS
10,335 bbl · 4.4 km
- SCHARBAUER B
1,512 bbl · 4.5 km
- WATERS, F. M.
1,323 bbl · 4.5 km
- WATERS, F. M.
2,939 bbl · 4.7 km
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