UTL 2932G
UTL 2932G is a Texas oil lease in Ward County, Railroad Commission district 08, operated by Jagged Peak Energy LLC. It has 1 wellbore on file with the Commission. Reported production runs from December 2024 to August 2026, totalling 293,869 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 $2.9M, with roughly $2.5M 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 12,056 barrels a month. Its strongest month on the record we hold was January 2025, at 44,836 barrels. In our own backtest, leases producing at this rate are forecast to within about 18% 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 UTL 2932G
- Who operates UTL 2932G?
- UTL 2932G is operated by Jagged Peak Energy LLC, Railroad Commission of Texas operator number 429574.
- Where is UTL 2932G?
- UTL 2932G is a Texas oil lease in Ward County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 63208.
- Is UTL 2932G still producing?
- UTL 2932G is currently producing. The most recent month of production reported to the Railroad Commission of Texas for UTL 2932G is August 2026.
- How much has UTL 2932G produced?
- UTL 2932G has reported 293,869 barrels of oil (bbl) to the Railroad Commission of Texas between December 2024 and August 2026, from 1 wellbore.
- How much is UTL 2932G worth?
- The remaining production from UTL 2932G is estimated to be worth about $2.9M in total as of 26 August 2026, within a range of $2.4M to $3.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in UTL 2932G is a fraction of it. The estimate fits an Arps decline curve to the production UTL 2932G has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for UTL 2932G is an estimate of value, not an offer and not an appraisal.
- How much income does UTL 2932G generate in a year?
- UTL 2932G is forecast to net about $2.5M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in UTL 2932G receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Jagged Peak Energy LLC |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Ward County, Texas |
| RRC district | 08 |
| Lease number | 63208 |
| Wellbores | 1 |
| Reported production | 293,869 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.9M |
Where UTL 2932G 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.