UTL 2932J

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 63312District 08Field 71052900OilCasinghead gasSave
Value, all time
$16.3 M
Nov 2024 – May 2026
Value, last 12 filed months
$7.0 M
at the published price for each month
Months reported
19
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition221,738 bbl$15,131,206
Casinghead gasProduction303,539 Mcf$1,134,063
Total$16,265,269

Wells on this lease (3)

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 32.1747, -101.7246. A lease has no coordinate of its own — that point is the mean of its wells, and they span 133.9 miles, so treat it as the lease's centre and not as its location.

32.03775, -102.10208 · 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
66.7%
2 of 3 wells
With a plug date
66.7%
2 of 3 wells
Median depth
1,731 ft
3 wells filed one
Completion to plug
4.3 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
266.7%
A plug date is filed
266.7%
BothOn the schedule and plugged. Neither fact cancels the other.
266.7%
NeitherNo plug date, and not on the schedule.
133.3%

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

Between 1,721 and 11,139 ft, median 1,731 ft, over the 3 wells that filed a depth.

Completions filed
May 1981 – Nov 2024
3 of 3 wells
Plug dates filed
Aug 1985
2 of 3 wells; 1 filed none

Last completion to plug: a median of 4.3 years across the 2 wells that filed both dates, with the middle half between 4.3 years and 4.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells

42-475387651213H11,139 ftNov 2024
42-3353193421,731 ftMay 1981Aug 1985Yes
42-3353193511,721 ftMay 1981Aug 1985Yes

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 (19)

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

19 months

May 20263,7264,203106.413.05$409,285
Apr 20265,0977,39598.932.87$525,468
Mar 20266,6868,96989.753.15$628,316
Feb 20266,1598,77463.503.75$424,002
Jan 20266,63310,23359.138.00$474,052
Dec 20257,25711,62956.664.41$462,505
Nov 20257,39512,41858.593.93$482,032
Oct 20258,49313,70759.383.30$549,614
Sep 20258,71114,88362.743.08$592,322
Aug 202510,31417,99563.933.01$713,625
Jul 202512,31822,03066.743.32$895,137
Jun 202512,38015,48566.483.13$871,471
May 20259,83013,38060.553.23$638,455
Apr 202515,85623,96562.363.54$1,073,691
Mar 202523,50133,62167.704.27$1,734,523
Feb 202522,62726,31570.884.34$1,718,031
Jan 202517,06418,62174.324.28$1,347,870
Dec 202437,69139,89268.993.12$2,724,820
Nov 202402469.052.20$53

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                3,726 bbl  × $106.41 =   $396,484
Casinghead gas     4,203 Mcf  × $  3.05 =    $12,802

────────────────────────────────────────────────────
Month total                                 $409,285

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/63312 is the state's own key, not one this site invented.