RAMEY, T. C.
RAMEY, T. C. is a Texas oil lease in Upshur County, Railroad Commission district 6E, operated by Cardinal Operating Corporation. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 24,191 barrels. 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 $355K, with roughly $68K 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 90 barrels a month. Its strongest month on the record we hold was November 2022, at 127 barrels. 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 RAMEY, T. C.
- Who operates RAMEY, T. C.?
- RAMEY, T. C. is operated by Cardinal Operating Corporation, Railroad Commission of Texas operator number 130797.
- Where is RAMEY, T. C.?
- RAMEY, T. C. is a Texas oil lease in Upshur County, Texas, in Railroad Commission district 6E. Its Railroad Commission lease number is 08255.
- Is RAMEY, T. C. still producing?
- RAMEY, T. C. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RAMEY, T. C. is August 2026.
- How much has RAMEY, T. C. produced?
- RAMEY, T. C. has reported 24,191 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is RAMEY, T. C. worth?
- The remaining production from RAMEY, T. C. is estimated to be worth about $355K in total as of 26 August 2026, within a range of $195K to $514K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RAMEY, T. C. is a fraction of it. The estimate fits an Arps decline curve to the production RAMEY, T. C. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RAMEY, T. C. is an estimate of value, not an offer and not an appraisal.
- How much income does RAMEY, T. C. generate in a year?
- RAMEY, T. C. is forecast to net about $68K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in RAMEY, T. C. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Cardinal Operating Corporation |
|---|---|
| Field | East Texas |
| County | Upshur County, Texas |
| RRC district | 6E |
| Lease number | 08255 |
| Wellbores | 1 |
| Reported production | 24,191 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $355K |
Where RAMEY, T. C. 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.