RAMIREZ, L.O.
RAMIREZ, L.O. is a Texas gas lease in Zapata County, Railroad Commission district 04, operated by Enron Oil & Gas Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 581,555 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 $1K, with roughly $169 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 14 thousand cubic feet a month. Its strongest month on the record we hold was September 2016, at 552 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 45% 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 RAMIREZ, L.O.
- Who operates RAMIREZ, L.O.?
- RAMIREZ, L.O. is operated by Enron Oil & Gas Company, Railroad Commission of Texas operator number 253196.
- Where is RAMIREZ, L.O.?
- RAMIREZ, L.O. is a Texas gas lease in Zapata County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 119002.
- Is RAMIREZ, L.O. still producing?
- RAMIREZ, L.O. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RAMIREZ, L.O. is August 2026.
- How much has RAMIREZ, L.O. produced?
- RAMIREZ, L.O. has reported 581,555 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is RAMIREZ, L.O. worth?
- The remaining production from RAMIREZ, L.O. is estimated to be worth about $1K in total as of 27 August 2026, within a range of $735 to $2K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RAMIREZ, L.O. is a fraction of it. The estimate fits an Arps decline curve to the production RAMIREZ, L.O. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RAMIREZ, L.O. is an estimate of value, not an offer and not an appraisal.
- How much income does RAMIREZ, L.O. generate in a year?
- RAMIREZ, L.O. is forecast to net about $169 across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in RAMIREZ, L.O. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Enron Oil & Gas Company |
|---|---|
| Field | Roleta (Wilcox 10200) |
| County | Zapata County, Texas |
| RRC district | 04 |
| Lease number | 119002 |
| Wellbores | 1 |
| Reported production | 581,555 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $1K |
Where RAMIREZ, L.O. 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.