UTL 2932-17
UTL 2932-17 is a Texas oil lease in Ward County, Railroad Commission district 08, operated by Jagged Peak Energy LLC. It has 3 wellbores on file with the Commission. Reported production runs from July 2016 to August 2026, totalling 1,707,734 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 $6.4M, with roughly $2.8M 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 5,046 barrels a month, about 1,682 per wellbore. Its strongest month on the record we hold was December 2017, at 73,820 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 UTL 2932-17
- Who operates UTL 2932-17?
- UTL 2932-17 is operated by Jagged Peak Energy LLC, Railroad Commission of Texas operator number 429574.
- Where is UTL 2932-17?
- UTL 2932-17 is a Texas oil lease in Ward County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 48635.
- Is UTL 2932-17 still producing?
- UTL 2932-17 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for UTL 2932-17 is August 2026.
- How much has UTL 2932-17 produced?
- UTL 2932-17 has reported 1,707,734 barrels of oil (bbl) to the Railroad Commission of Texas between July 2016 and August 2026, from 3 wellbores.
- How much is UTL 2932-17 worth?
- The remaining production from UTL 2932-17 is estimated to be worth about $6.4M in total as of 27 August 2026, within a range of $5.3M to $7.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in UTL 2932-17 is a fraction of it. The estimate fits an Arps decline curve to the production UTL 2932-17 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for UTL 2932-17 is an estimate of value, not an offer and not an appraisal.
- How much income does UTL 2932-17 generate in a year?
- UTL 2932-17 is forecast to net about $2.8M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in UTL 2932-17 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 | 48635 |
| Wellbores | 3 |
| Reported production | 1,707,734 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $6.4M |
Where UTL 2932-17 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.