VT RAMIREZ
VT RAMIREZ is a Texas gas lease in Webb County, Railroad Commission district 04, operated by Virtex Petroleum Company, Inc. It has 1 wellbore on file with the Commission. Reported production runs from May 2006 to August 2026, totalling 99,107 thousand cubic feet. The lease is intermittent. 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 $5K, with roughly $632 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 45 thousand cubic feet a month. Its strongest month on the record we hold was July 2019, at 563 thousand cubic feet. 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 VT RAMIREZ
- Who operates VT RAMIREZ?
- VT RAMIREZ is operated by Virtex Petroleum Company, Inc., Railroad Commission of Texas operator number 886228.
- Where is VT RAMIREZ?
- VT RAMIREZ is a Texas gas lease in Webb County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 219333.
- Is VT RAMIREZ still producing?
- VT RAMIREZ is intermittent. The most recent month of production reported to the Railroad Commission of Texas for VT RAMIREZ is August 2026.
- How much has VT RAMIREZ produced?
- VT RAMIREZ has reported 99,107 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between May 2006 and August 2026, from 1 wellbore.
- How much is VT RAMIREZ worth?
- The remaining production from VT RAMIREZ is estimated to be worth about $5K in total as of 26 August 2026, within a range of $3K to $7K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in VT RAMIREZ is a fraction of it. The estimate fits an Arps decline curve to the production VT RAMIREZ has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for VT RAMIREZ is an estimate of value, not an offer and not an appraisal.
- How much income does VT RAMIREZ generate in a year?
- VT RAMIREZ is forecast to net about $632 across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in VT RAMIREZ receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Virtex Petroleum Company, Inc. |
|---|---|
| Field | Owen (Olmos) |
| County | Webb County, Texas |
| RRC district | 04 |
| Lease number | 219333 |
| Wellbores | 1 |
| Reported production | 99,107 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $5K |
Where VT RAMIREZ 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.