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

Ramsey, G. E., JR. -7- is an oil lease in Reeves County, Texas, operated by Element Petroleum Operating IV, in the Geraldine (Ford) field.

10 wells

364bbl oil, last 12 months+35% vs prior year
Operator
Element Petroleum Operating IV,
County
Reeves County
Field
Geraldine (Ford)
RRC lease
08-21019

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Where it sits

This county

Reeves CountyReevesWinklerWardLovingReeves County
Reeves County
Oil in Jul 2026
30 bbl
Reporting since
Jan 2020

Checks stopped on this lease?

  • Operator

    Operator changed: Element Petroleum Operating IV, took over from Grace Petroleum Operating, LLC in Nov 2025.

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

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Production by month

Oil output rose 35% over the last 12 months

  • Oil (bars)
  • Last 12 months
Oil output rose 35% over the last 12 monthsMonthly oil production for RAMSEY, G. E., JR. -7-, Aug 2023 to Jul 2026. Oil output rose 35% over the last 12 months. 364 bbl in the 12 months through Jul 2026, against 269 bbl in the 12 months before.Last 12 months: 364 bblbbl per month01020304050Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 35% over the last 12 monthsMonthly oil production for RAMSEY, G. E., JR. -7-, Aug 2023 to Jul 2026. Oil output rose 35% over the last 12 months. 364 bbl in the 12 months through Jul 2026, against 269 bbl in the 12 months before.Last 12 monthsbbl per month01020304050Jan 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 2 times, most recently in Nov 2025

Operators of this lease over timeRanger 40 Petroleum, LLC, Jan 2020 to Dec 2021; Grace Petroleum Operating, LLC, Jan 2022 to Oct 2025; Element Petroleum Operating IV,, Nov 2025 to Jul 20262020202120222023202420252026Changed Jan 2022Changed Nov 2025Ranger 40 Petroleum, LLCJan 2020 to Dec 2021Grace Petroleum Operating, LLCJan 2022 to Oct 2025Element Petroleum Operating I…Nov 2025 to now
Operators of this lease over timeRanger 40 Petroleum, LLC, Jan 2020 to Dec 2021; Grace Petroleum Operating, LLC, Jan 2022 to Oct 2025; Element Petroleum Operating IV,, Nov 2025 to Jul 20262020202120222023202420252026Changed Jan 2022Changed Nov 2025Ranger 40 Petroleum, LLCJan 2020 to Dec 2021Grace Petroleum Operating, LLCJan 2022 to Oct 2025Element Petroleum Operating IV,Nov 2025 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

10 wells on this lease

Wells on RAMSEY, G. E., JR. -7-
API numberWell no.Status
42-389-000311Shut-in
42-389-302903Shut-in
42-389-303084Shut-in
42-389-303107Shut-in
42-389-303115Shut-in
42-389-303126Shut-in
42-389-303138Shut-in
42-389-3036211Shut-in
42-389-303639Active
42-389-3153513Shut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Trans Crude Marketing LLCOilGathers100Jan 1, 2022–
Sunoco Ptnrs. Mktg.&terminals LPOilGathers100Apr 1, 2012Jan 1, 2022

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

Who buys my oilOil price check

640 acres on the newest permit

  • Good to know

    10 wells are listed on this lease

    Each well can have its own unit. The decimal for one well does not have to equal the decimal for another.

  • Worth asking

    A Rule 37 case is listed

    The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.

Check your decimal on this lease
Permits for Ramsey, G. E., JR. -7-
API numberWell no.Acreson the permit
42-389-3153513640
42-389-000311–
42-389-302903–
42-389-303084–
42-389-303107–
42-389-303115–
42-389-303126–
42-389-303138–
42-389-3036211–
42-389-303639–

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

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36 months, newest first

Ledger for RAMSEY, G. E., JR. -7-
MonthOil producedbblOil soldbblWTI$/bblHenry Hub$/MMBtu
Jul 2026Element Petroleum3026$80.46$2.89
Jun 2026Element Petroleum3438$84.81$3.15
May 2026Element Petroleum2212$102.13$2.94
Apr 2026Element Petroleum3039$100.32$2.77
Mar 2026Element Petroleum3939$91.38$3.04
Feb 2026Element Petroleum3339$64.51$3.62
Jan 2026Element Petroleum1213$60.04$7.72
Dec 2025Element Petroleum3426$57.97$4.26
Nov 2025Element Petroleum4939$60.06$3.79
Oct 2025Grace Petroleum3636$60.89$3.19
Sep 2025Grace Petroleum2727$63.96$2.97
Aug 2025Grace Petroleum1818$64.86$2.91
Jul 2025Grace Petroleum1717$68.39$3.20
Jun 2025Grace Petroleum3434$68.17$3.02
May 2025Grace Petroleum1818$62.17$3.12
Apr 2025Grace Petroleum1818$63.54$3.42
Mar 2025Grace Petroleum1818$68.24$4.12
Feb 2025Grace Petroleum99$71.53$4.19
Jan 2025Grace Petroleum1818$75.74$4.13
Dec 2024Grace Petroleum1414$70.12$3.01
Nov 2024Grace Petroleum2525$69.95$2.12
Oct 2024Grace Petroleum3636$71.99$2.20
Sep 2024Grace Petroleum2727$70.24$2.28
Aug 2024Grace Petroleum3535$76.68$1.99
Jul 2024Grace Petroleum77$81.80$2.07
Jun 2024Grace Petroleum2525$79.77$2.54
May 2024Grace Petroleum2626$80.02$2.12
Apr 2024Grace Petroleum1919$85.35$1.60
Mar 2024Grace Petroleum2626$81.28$1.49
Feb 2024Grace Petroleum1919$77.25$1.72
Jan 2024Grace Petroleum2828$74.15$3.18
Dec 2023Grace Petroleum3636$71.90$2.52
Nov 2023Grace Petroleum3636$77.69$2.71
Oct 2023Grace Petroleum1818$85.64$2.98
Sep 2023Grace Petroleum2626$89.43$2.64
Aug 2023Grace Petroleum99$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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Nearby

This lease belongs to

OperatorElement Petroleum Operating IV,FieldGeraldine (Ford)CountyReeves County

Element Petroleum Operating IV, in Reeves County

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Geraldine (Ford) field

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