RAMIREZ DIM
RAMIREZ DIM is a Texas oil lease in Dimmit County, Railroad Commission district 01, operated by Chesapeake Operating, Inc. It has 4 wellbores on file with the Commission. Reported production runs from April 2012 to August 2026, totalling 1,295,184 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 $6.3M, with roughly $1.4M 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 1,965 barrels a month, about 491 per wellbore. Its strongest month on the record we hold was March 2019, at 8,215 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 DIM
- Who operates RAMIREZ DIM?
- RAMIREZ DIM is operated by Chesapeake Operating, Inc., Railroad Commission of Texas operator number 147715.
- Where is RAMIREZ DIM?
- RAMIREZ DIM is a Texas oil lease in Dimmit County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 15985.
- Is RAMIREZ DIM still producing?
- RAMIREZ DIM is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RAMIREZ DIM is August 2026.
- How much has RAMIREZ DIM produced?
- RAMIREZ DIM has reported 1,295,184 barrels of oil (bbl) to the Railroad Commission of Texas between April 2012 and August 2026, from 4 wellbores.
- How much is RAMIREZ DIM worth?
- The remaining production from RAMIREZ DIM is estimated to be worth about $6.3M in total as of 27 August 2026, within a range of $5.2M to $7.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RAMIREZ DIM is a fraction of it. The estimate fits an Arps decline curve to the production RAMIREZ DIM has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RAMIREZ DIM is an estimate of value, not an offer and not an appraisal.
- How much income does RAMIREZ DIM generate in a year?
- RAMIREZ DIM is forecast to net about $1.4M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in RAMIREZ DIM receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Chesapeake Operating, Inc. |
|---|---|
| Field | Briscoe Ranch (Eagleford) |
| County | Dimmit County, Texas |
| RRC district | 01 |
| Lease number | 15985 |
| Wellbores | 4 |
| Reported production | 1,295,184 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $6.3M |
Where RAMIREZ DIM 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.