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Texas oil lease

Producing

UTL 1308N

Utl 1308N is an oil lease in Ward County, Texas, operated by Jagged Peak Energy LLC in the Phantom (Wolfcamp) field.

1 well

150,577bbl oil, since Sep 2025
Operator
Jagged Peak Energy LLC
County
Ward County
Field
Phantom (Wolfcamp)
RRC lease
08-64469

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Where it sits

This county

Ward CountyWardWinklerCraneLovingReevesEctorWard County
Ward County
Gas, since Sep 2025
187,104 mcf
Oil in Jul 2026
11,665 bbl

Production by month

Oil output fell 65% since Sep 2025

  • Oil (bars)
  • Gas (line)
Oil output fell 65% since Sep 2025Monthly oil production and gas for UTL 1308N, Sep 2025 to Jul 2026. Oil output fell 65% since Sep 2025. Monthly average of 7,287 bbl in the latest 3 months, against 20,899 bbl in the first 3.bbl per monthmcf per month005,00010k10k20k15k30k20k40k25k50kOct 25Jan 26AprJul
Oil output fell 65% since Sep 2025Monthly oil production and gas for UTL 1308N, Sep 2025 to Jul 2026. Oil output fell 65% since Sep 2025. Monthly average of 7,287 bbl in the latest 3 months, against 20,899 bbl in the first 3.bbl per monthmcf per month005,00010k10k20k15k30k20k40k25k50kJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

97% of the gas went to a processing plant in the 11 months reported

Flaring peaked at 19.8% of the gas in Sep 2025.

  • Processing plant (3)
  • Flared (4)
97% of the gas went to a processing plant in the 11 months reportedShare of UTL 1308N gas by disposition code each month, Sep 2025 to Jul 2026. 97% of the gas went to a processing plant in the 11 months reported. Flaring peaked at 19.8% of the gas in Sep 2025.Share of the lease’s gas by disposition code, per month0%50%100%Flared 19.8%Oct 25Jan 26AprJul
97% of the gas went to a processing plant in the 11 months reportedShare of UTL 1308N gas by disposition code each month, Sep 2025 to Jul 2026. 97% of the gas went to a processing plant in the 11 months reported. Flaring peaked at 19.8% of the gas in Sep 2025.Share of gas by disposition code0%50%100%Flared 19.8%Jan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    97% · 182,048 mcf

  • Flared (4)

    2.7% · 5,056 mcf

2.7% of the gas flared in the 11 months reported. 2 months above 3%.

1 well on this lease

Wells on UTL 1308N
API numberWell no.Status
42-475-3892718HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Plains Marketing, L.p.OilGathers100Sep 12, 2025
Targa Delaware LLCCasinghead gasBuys100Sep 12, 2025
Targa Delaware LLCCasinghead gasGathers100Sep 12, 2025

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

Who buys my oilOil price check

1,256.38 acres on the newest permit

A production sharing agreement well is on this lease

Permits for Utl 1308N
API numberWell no.Acreson the permit
42-475-3892718H1,256.38

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

Unit decimal checker

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11 months, newest first

Ledger for UTL 1308N
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202611,66511,53414,37914,3790$80.46$2.89
Jun 20261,1151,1631,3811,3792$84.81$3.15
May 20269,0819,10414,99614,9960$102.13$2.94
Apr 20269,6649,61614,19114,1910$100.32$2.77
Mar 202610,51810,57714,37014,132238$91.38$3.04
Feb 202610,58210,58713,23313,066167$64.51$3.62
Jan 202616,29316,25625,80425,455349$60.04$7.72
Dec 202518,96318,95725,04524,94798$57.97$4.26
Nov 202521,88521,89825,71924,818901$60.06$3.79
Oct 202523,50023,70122,39422,174220$60.89$3.19
Sep 202517,31117,03815,59212,5113,081$63.96$2.97

Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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Nearby

This lease belongs to

OperatorJagged Peak Energy LLCFieldPhantom (Wolfcamp)CountyWard County

Jagged Peak Energy LLC in Ward County

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Phantom (Wolfcamp) field

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