UTL 1308I

Operated by JAGGED PEAK ENERGY LLC (P-5 429574) in the PHANTOM (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 56432District 08Field 71052900Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$27.7 M
Oct 2021 – May 2026
Value, last 12 filed months
$412 k
at the published price for each month
Months reported
56
no gaps in the span
Streams
2
oil, casinghead gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 7,755 leases and 10,539 wells, and the rule below applies to all of them.

Discovered
1983-06-23
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2017-08-01.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: FOR THE FOLLOWING API 389-37515.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
OilDisposition282,714 bbl$25,413,251
Casinghead gasProduction471,478 Mcf$2,305,699
Total$27,718,950

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 31.6305, -103.1663. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.63050, -103.16627 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
11,403 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 11,403 ft.

Completions filed
Feb 2022
1 of 1 wells

1 well

42-475382294113H11,403 ftFeb 2022

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (56)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

56 months

May 2026990803106.413.05$107,792
Apr 2026415898.932.87$4,223
Mar 202622427289.753.15$20,961
Feb 202618124463.503.75$12,409
Jan 202619426359.138.00$13,575
Dec 202521426756.664.41$13,304
Nov 202519925658.593.93$12,665
Oct 202528031959.383.30$17,681
Sep 20252,1634,60662.743.08$149,879
Aug 20258261,60563.933.01$57,645
Jul 20250066.743.32$0
Jun 202530066.483.13$1,994
May 20251,3382,35060.553.23$88,612
Apr 20254,0387,55362.363.54$278,571
Mar 20254,7199,57167.704.27$360,328
Feb 20254,74113,22470.884.34$393,445
Jan 20251,7325,98274.324.28$154,317
Dec 202498068.993.12$6,761
Nov 20244,2118,94569.052.20$310,435
Oct 20243,3994,87771.372.28$253,713
Sep 20243,1195,95169.612.36$231,184
Aug 20241,8495,47675.632.06$151,140
Jul 20244,64714,22079.932.15$401,959
Jun 20245,08914,00478.082.63$434,235
May 20245,31812,23278.812.20$446,003
Apr 20243,8176,84684.451.66$333,705
Mar 20243,3306,86380.301.55$278,003
Feb 20244,3328,82476.091.78$345,361
Jan 20244,2398,17373.023.30$336,484
Dec 20234,3547,87671.262.61$330,828
Nov 20235,8178,01177.892.81$475,577
Oct 20235,1336,03785.443.09$457,201
Sep 20235,0165,11389.042.74$460,609
Aug 20235,6575,84680.522.67$471,127
Jul 20235,7365,84074.852.64$444,768
Jun 20235,0974,64568.962.26$361,980
May 20234,2555,59370.622.23$312,946
Apr 20237961,49678.122.24$65,531
Mar 20237,15714,85672.852.39$556,940
Feb 20236,08912,69575.112.47$488,647
Jan 20236,27511,18776.533.39$518,124
Dec 20227,35012,96276.415.73$635,874
Nov 20228,52015,63185.005.65$812,456
Oct 20227,79613,90987.185.86$761,214
Sep 20226,83413,63284.888.16$691,357
Aug 202212,18618,62494.529.13$1,321,805
Jul 202214,39432,309101.587.54$1,705,820
Jun 202217,15428,656115.097.98$2,202,849
May 202224,69931,566109.378.43$2,967,527
Apr 202220,19724,179104.226.84$2,270,258
Mar 202233,52637,692108.885.08$3,841,651
Feb 20223,3189,33991.054.86$347,481
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

May 2026 — as filed, then multipliedworked
Oil                  990 bbl  × $106.41 =   $105,346
Casinghead gas       803 Mcf  × $  3.05 =     $2,446

────────────────────────────────────────────────────
Month total                                 $107,792

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 08/O/56432 is the state's own key, not one this site invented.