Place a small, heavy pan on medium-low heat and add 3/4 cup sugar into the middle and pour the water in slowly and don’t handle it any further. If you stir or move the pot around, the sugar will crystallize and turn solid which is not what you want. Let the sugar melt and begin bubbling. When the sugar begins to bubble, begin swirling the pot occasionally until the caramel begins to turn amber, 6 to 8 minutes. Working quickly, divide caramel between ramekins, swirling ramekins to coat bottoms evenly, set aside.