UL WTG 3-233 B
UL WTG 3-233 B is a Texas oil lease in Reagan County, Railroad Commission district 7C, operated by Permian Resources Operating, LLC. It has 1 wellbore on file with the Commission. Reported production runs from September 2024 to August 2026, totalling 269,310 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $10.4M, with roughly $3.7M expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 7,989 barrels a month. Its strongest month on the record we hold was October 2024, at 41,378 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about UL WTG 3-233 B
- Who operates UL WTG 3-233 B?
- UL WTG 3-233 B is operated by Permian Resources Operating, LLC, Railroad Commission of Texas operator number 100852.
- Where is UL WTG 3-233 B?
- UL WTG 3-233 B is a Texas oil lease in Reagan County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 22899.
- Is UL WTG 3-233 B still producing?
- UL WTG 3-233 B is currently producing. The most recent month of production reported to the Railroad Commission of Texas for UL WTG 3-233 B is August 2026.
- How much has UL WTG 3-233 B produced?
- UL WTG 3-233 B has reported 269,310 barrels of oil (bbl) to the Railroad Commission of Texas between September 2024 and August 2026, from 1 wellbore.
- How much is UL WTG 3-233 B worth?
- The remaining production from UL WTG 3-233 B is estimated to be worth about $10.4M in total as of 26 August 2026, within a range of $8.6M to $12.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in UL WTG 3-233 B is a fraction of it. The estimate fits an Arps decline curve to the production UL WTG 3-233 B has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for UL WTG 3-233 B is an estimate of value, not an offer and not an appraisal.
- How much income does UL WTG 3-233 B generate in a year?
- UL WTG 3-233 B is forecast to net about $3.7M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in UL WTG 3-233 B receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Permian Resources Operating, LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Reagan County, Texas |
| RRC district | 7C |
| Lease number | 22899 |
| Wellbores | 1 |
| Reported production | 269,310 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $10.4M |
Where UL WTG 3-233 B sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.