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Foster William Lee Estate

Trust Folsom, LA 12 Mineral Interests
12
Total Interests
$2,660
Appraised Value
5
Operators
11
Leases

Interest Type Breakdown

Working Interests 0
Royalty Interests 11

Cumulative Production (Associated Leases)

Natural Gas: 5.04 MMCF

Oil: 763.11 MBBL

Operators

King Operating Corporation R2q Operating Llc Basa Resources Fortune Resources, Llc Diversified Production Llc

Mineral Interests Detail

Lease Name Operator Type Interest Value
Foster Henry L
RRC: 10228
King Operating Corporation RI 0.5208% $231
Foster Henry L
RRC: 10228
King Operating Corporation RI 3.3632% $1,490
Foster H L
RRC: 08127
R2q Operating Llc RI 0.0977% $681
Foster H L -A-
RRC: 06102
Basa Resources RI 0.1965% $0
Foster H L -B-
RRC: 06103
Basa Resources RI 0.7812% $0
Mott Unit 3
RRC: 154955
Fortune Resources, Llc RI 0.0462% $72
Tooke Allen #1
RRC: 15306
Diversified Production Llc RI 0.0225% $141
Tooke Allen Gu #2
RRC: 192048
Diversified Production Llc RI 0.0225% $10
Tooke Allen Gu #3
RRC: 203019
Diversified Production Llc RI 0.0225% $0
Tooke Allen Gu #4
RRC: 214712
Diversified Production Llc RI 0.0225% $10
Tooke Allen Gu #5
RRC: 205254
Diversified Production Llc RI 0.0225% $15
Tooke Allen Gu #8
RRC: 237269
Diversified Production Llc RI 0.0225% $10

Frequently Asked Questions

What mineral rights does Foster William Lee Estate own in Gregg County?

How can I sell my Gregg County mineral rights?

Where is Gregg County, Texas?

How much are Gregg County mineral rights worth?

What is the difference between working interest and royalty interest?

About Gregg County & The East Texas Oil Field

Gregg County is in East Texas, with Longview as its county seat and Kilgore within its borders. It sits atop the East Texas Oil Field — one of the largest oil fields ever discovered in the lower 48 (1930), producing from the Woodbine sand.

The East Texas Oil Field has produced oil for over 90 years since its 1930 discovery. Production is mature and long-lived, with many wells declining slowly and continuing to pay royalties for decades.

Many mineral owners in Gregg County have received royalty payments for decades. As wells mature and production declines, some owners choose to sell their mineral rights to convert future uncertain income into immediate cash. Buckhead Energy purchases mineral rights across the East Texas Oil Field and broader East Texas Basin.

Quick Summary

Owner: Foster William Lee Estate

Type: Trust

Interests: 12

Value: $2,660

County: Gregg, TX

Own These Minerals?

If this is your property, get a free cash offer from Buckhead Energy.

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Public Data: This information is from publicly available county appraisal records. To request removal, email [email protected].

Key Takeaways

  • Foster William Lee Estate owns 12 mineral interests in Gregg County, TX. View East Texas Oil Field holdings and production data.
  • Buckhead Energy is a direct buy-side firm; sellers pay no broker commissions, listing fees, or auction premiums.

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