RAMSEY, G. E., JR. -7-

RAMSEY, G. E., JR. -7- is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by S & P Energy. It has 10 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 36,796 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 $129K, with roughly $25K 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 29 barrels a month, about 3 per wellbore. Its strongest month on the record we hold was March 2018, at 55 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 RAMSEY, G. E., JR. -7-

Who operates RAMSEY, G. E., JR. -7-?: RAMSEY, G. E., JR. -7- is operated by S & P Energy, Railroad Commission of Texas operator number 740844.
Where is RAMSEY, G. E., JR. -7-?: RAMSEY, G. E., JR. -7- is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 21019.
Is RAMSEY, G. E., JR. -7- still producing?: RAMSEY, G. E., JR. -7- is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RAMSEY, G. E., JR. -7- is August 2026.
How much has RAMSEY, G. E., JR. -7- produced?: RAMSEY, G. E., JR. -7- has reported 36,796 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 10 wellbores.
How much is RAMSEY, G. E., JR. -7- worth?: The remaining production from RAMSEY, G. E., JR. -7- is estimated to be worth about $129K in total as of 27 August 2026, within a range of $71K to $187K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RAMSEY, G. E., JR. -7- is a fraction of it. The estimate fits an Arps decline curve to the production RAMSEY, G. E., JR. -7- has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RAMSEY, G. E., JR. -7- is an estimate of value, not an offer and not an appraisal.
How much income does RAMSEY, G. E., JR. -7- generate in a year?: RAMSEY, G. E., JR. -7- is forecast to net about $25K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in RAMSEY, G. E., JR. -7- receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

RAMSEY, G. E., JR. -7- as filed with the Railroad Commission of Texas
Operator	S & P Energy
Field	Geraldine (Ford)
County	Reeves County, Texas
RRC district	08
Lease number	21019
Wellbores	10
Reported production	36,796 bbl
First reported	January 1993
Last reported	August 2026
Estimated royalty value	$129K

Where RAMSEY, G. E., JR. -7- sits

Source: Railroad Commission of Texas lease production records, complete through August 2026. Figures on this page were computed on 27 August 2026.

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.