TANGO
TANGO is a Texas gas lease in Fayette County, Railroad Commission district 03, operated by Ramtex Energy LLC. It has 1 wellbore on file with the Commission. Reported production runs from November 2018 to August 2026, totalling 3,706,552 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 $683K, with roughly $213K 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 4,160 thousand cubic feet a month. Its strongest month on the record we hold was December 2018, at 262,501 thousand cubic feet. 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 TANGO
- Who operates TANGO?
- TANGO is operated by Ramtex Energy LLC, Railroad Commission of Texas operator number 690225.
- Where is TANGO?
- TANGO is a Texas gas lease in Fayette County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 285821.
- Is TANGO still producing?
- TANGO is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TANGO is August 2026.
- How much has TANGO produced?
- TANGO has reported 3,706,552 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 2018 and August 2026, from 1 wellbore.
- How much is TANGO worth?
- The remaining production from TANGO is estimated to be worth about $683K in total as of 26 August 2026, within a range of $567K to $799K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TANGO is a fraction of it. The estimate fits an Arps decline curve to the production TANGO has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TANGO is an estimate of value, not an offer and not an appraisal.
- How much income does TANGO generate in a year?
- TANGO is forecast to net about $213K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in TANGO receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Ramtex Energy LLC |
|---|---|
| Field | Giddings (Austin Chalk, Gas) |
| County | Fayette County, Texas |
| RRC district | 03 |
| Lease number | 285821 |
| Wellbores | 1 |
| Reported production | 3,706,552 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $683K |
Where TANGO 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.