UL III 12
UL III 12 is a Texas oil lease in Andrews County, Railroad Commission district 08, operated by Windsor Permian LLC. It has 1 wellbore on file with the Commission. Reported production runs from February 2011 to August 2026, totalling 59,926 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 $270K, with roughly $156K 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 373 barrels a month. Its strongest month on the record we hold was November 2019, at 847 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 III 12
- Who operates UL III 12?
- UL III 12 is operated by Windsor Permian LLC, Railroad Commission of Texas operator number 931746.
- Where is UL III 12?
- UL III 12 is a Texas oil lease in Andrews County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 41464.
- Is UL III 12 still producing?
- UL III 12 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for UL III 12 is August 2026.
- How much has UL III 12 produced?
- UL III 12 has reported 59,926 barrels of oil (bbl) to the Railroad Commission of Texas between February 2011 and August 2026, from 1 wellbore.
- How much is UL III 12 worth?
- The remaining production from UL III 12 is estimated to be worth about $270K in total as of 27 August 2026, within a range of $210K to $329K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in UL III 12 is a fraction of it. The estimate fits an Arps decline curve to the production UL III 12 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for UL III 12 is an estimate of value, not an offer and not an appraisal.
- How much income does UL III 12 generate in a year?
- UL III 12 is forecast to net about $156K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in UL III 12 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Windsor Permian LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Andrews County, Texas |
| RRC district | 08 |
| Lease number | 41464 |
| Wellbores | 1 |
| Reported production | 59,926 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $270K |
Where UL III 12 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.