At 13:40 central time, a Beech BE-70 lost power in its right engine during initial takeoff climb and made a forced landing near College Station. The pilot and eight passengers were not injured. The pilot said the right engine started losing power at about 150 feet agl. He decided to land on the remaining runway and lowered the gear, but then the engine regained power. He decided to proceed and raised the gear, but within a few seconds the right engine lost all power. The pilot executed a gear-up forced landing to a grassy area between two roads a half-mile north of the runway.