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Texas oil lease

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RAMSEY, CAL

Ramsey, Cal is an oil lease in Callahan County, Texas, operated by M2 Squared Operating, LLC in the Callahan County Regular field.

15 wells

27bbl oil, last 12 months+29% vs prior year
RRC lease
7B-00445

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Where it sits

This county

Callahan CountyCallahanShackelfordTaylorEastlandJonesStephensCallahan County
Callahan County
Oil in Jul 2026
3 bbl
Reporting since
Jan 2020

Production by month

Oil output rose 29% over the last 12 months

  • Oil (bars)
  • Last 12 months
Oil output rose 29% over the last 12 monthsMonthly oil production for RAMSEY, CAL, Aug 2023 to Jul 2026. Oil output rose 29% over the last 12 months. 27 bbl in the 12 months through Jul 2026, against 21 bbl in the 12 months before.Last 12 months: 27 bblbbl per month012345Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 29% over the last 12 monthsMonthly oil production for RAMSEY, CAL, Aug 2023 to Jul 2026. Oil output rose 29% over the last 12 months. 27 bbl in the 12 months through Jul 2026, against 21 bbl in the 12 months before.Last 12 monthsbbl per month012345Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

No gas disposition reported for this lease

The operator has not reported where the gas went in the months we hold.

Who has run this lease

The operator changed once, most recently in Aug 2020

Operators of this lease over timeTam2 Squared Energy Services,llc, Jan 2020 to Jul 2020; M2 Squared Operating, LLC, Aug 2020 to Jul 20262020202120222023202420252026Changed Aug 2020Tam2 Squared Energy Services,…Jan 2020 to Jul 2020M2 Squared Operating, LLCAug 2020 to now
Operators of this lease over timeTam2 Squared Energy Services,llc, Jan 2020 to Jul 2020; M2 Squared Operating, LLC, Aug 2020 to Jul 20262020202120222023202420252026Changed Aug 2020Tam2 Squared Energy Services,llcJan 2020 to Jul 2020M2 Squared Operating, LLCAug 2020 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

15 wells on this lease

Wells on RAMSEY, CAL
API numberWell no.Status
42-059-321466Shut-in
42-059-323228Shut-in
42-059-324839Shut-in
42-059-3248410Shut-in
42-059-3254911Shut-in
42-059-3286412Shut-in
42-059-328697Shut-in
42-059-3398813Shut-in
42-059-3398914Shut-in
42-059-3462415Shut-in
42-059-3462516Shut-in
42-059-805321Active
42-059-805332Shut-in
42-059-805343WActive
42-059-805354Shut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Bml, Inc. BOilGathers34Aug 1, 2020–
Energy Transfer Marketing & TermOilGathers33Dec 1, 2022–
True Oil Trucking & Mktg, LLCOilGathers33Aug 1, 2020–
Sunoco Ptnrs. Mktg.&terminals LPOilGathers33Aug 1, 2020Dec 1, 2022
Bml, Inc. BOilGathers100Jun 1, 2017Aug 1, 2020

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

90 acres on the newest permit

The wells on this lease state different acreage

The permits state between 70 and 90 acres.

15 wells are listed on this lease

Permits for Ramsey, Cal
API numberWell no.Acreson the permit
42-059-346241590
42-059-346251690
42-059-339881390
42-059-339891490
42-059-32869790
42-059-328641290
42-059-325491170
42-059-32483990
42-059-324841090
42-059-32322890
42-059-32146670
42-059-805321–

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

Estimate your royalty

36 months, newest first

Ledger for RAMSEY, CAL
MonthOil producedbblOil soldbblWTI$/bblHenry Hub$/MMBtu
Jul 2026M2 Squared30$80.46$2.89
Jun 2026M2 Squared30$84.81$3.15
May 2026M2 Squared30$102.13$2.94
Apr 2026M2 Squared10$100.32$2.77
Mar 2026M2 Squared122$91.38$3.04
Feb 2026M2 Squared122$64.51$3.62
Jan 2026M2 Squared30$60.04$7.72
Dec 2025M2 Squared30$57.97$4.26
Nov 2025M2 Squared30$60.06$3.79
Oct 2025M2 Squared30$60.89$3.19
Sep 2025M2 Squared30$63.96$2.97
Aug 2025M2 Squared00$64.86$2.91
Jul 2025M2 Squared00$68.39$3.20
Jun 2025M2 Squared00$68.17$3.02
May 2025M2 Squared00$62.17$3.12
Apr 2025M2 Squared00$63.54$3.42
Mar 2025M2 Squared341$68.24$4.12
Feb 2025M2 Squared30$71.53$4.19
Jan 2025M2 Squared20$75.74$4.13
Dec 2024M2 Squared10$70.12$3.01
Nov 2024M2 Squared20$69.95$2.12
Oct 2024M2 Squared30$71.99$2.20
Sep 2024M2 Squared50$70.24$2.28
Aug 2024M2 Squared20$76.68$1.99
Jul 2024M2 Squared127$81.80$2.07
Jun 2024M2 Squared20$79.77$2.54
May 2024M2 Squared20$80.02$2.12
Apr 2024M2 Squared00$85.35$1.60
Mar 2024M2 Squared00$81.28$1.49
Feb 2024M2 Squared00$77.25$1.72
Jan 2024M2 Squared20$74.15$3.18
Dec 2023M2 Squared241$71.90$2.52
Nov 2023M2 Squared20$77.69$2.71
Oct 2023M2 Squared20$85.64$2.98
Sep 2023M2 Squared10$89.43$2.64
Aug 2023M2 Squared20$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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M2 Squared Operating, LLC in Callahan County

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