"990"
"990" is a Texas oil lease in Throckmorton County, Railroad Commission district 7B, operated by Ramco Oil & Gas, Inc. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 34,842 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 $310K, with roughly $60K 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 81 barrels a month, about 41 per wellbore. Its strongest month on the record we hold was February 2018, at 149 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 "990"
- Who operates "990"?
- "990" is operated by Ramco Oil & Gas, Inc., Railroad Commission of Texas operator number 689428.
- Where is "990"?
- "990" is a Texas oil lease in Throckmorton County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 21141.
- Is "990" still producing?
- "990" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for "990" is August 2026.
- How much has "990" produced?
- "990" has reported 34,842 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is "990" worth?
- The remaining production from "990" is estimated to be worth about $310K in total as of 26 August 2026, within a range of $170K to $449K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in "990" is a fraction of it. The estimate fits an Arps decline curve to the production "990" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for "990" is an estimate of value, not an offer and not an appraisal.
- How much income does "990" generate in a year?
- "990" is forecast to net about $60K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in "990" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Ramco Oil & Gas, Inc. |
|---|---|
| Field | Overcash (Miss) |
| County | Throckmorton County, Texas |
| RRC district | 7B |
| Lease number | 21141 |
| Wellbores | 2 |
| Reported production | 34,842 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $310K |
Where "990" 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.