Texas oil lease
ProducingUTL 2932D
Utl 2932D is an oil lease in Ward County, Texas, operated by Jagged Peak Energy LLC in the Phantom (Wolfcamp) field.
1 well
- Operator
- Jagged Peak Energy LLC
- County
- Ward County
- Field
- Phantom (Wolfcamp)
- RRC lease
- 08-63243
1 royalty account on the county roll
Is your family on this lease?
Where it sits
This county
- Gas, last 12 months
- 91,455 mcf
- Oil in Aug 2026
- 5,279 bbl
Did a relative own a share of this lease?
Pick the year they passed and see what the lease has sold since.
Wells on this lease and around it
- This lease1Its well, ringed on the map: producing
- Drilling locations29Permits issued in the last two years
- Producing wells135On a lease reporting production now
- Not producing37Shut in, inactive or no lease on record
- Plugged22The state's wellbore record says plugged
The ringed dot is this lease's well, where the Railroad Commission's map puts it. The other dots are wells and drilling permits of the last 24 months on the land around it; the counts are for everything in the picture, which is about 6 miles across. The thin brown lines are the original land surveys; where there is room, a survey carries its abstract number, the number deeds and division orders cite. Sources: Railroad Commission of Texas well layers, drilling permit files and survey lines, US Census Bureau county outlines, base map from USGS The National Map.
A one-page map of this lease to print, for a lawyer, a buyer or a probate file.
Use this map on your site
You may show this map on any site, unchanged. Keep the credit line and its link to Royalty Clerk under the map. The picture updates by itself as the state records new wells and permits.
<a href="https://royaltyclerk.com/texas/leases/utl-2932d-08-63243"><img src="https://royaltyclerk.com/maps/lease-wells/utl-2932d-08-63243.svg" alt="Map of the Utl 2932D lease in Ward County, Texas: its well ringed, among 194 wells and 29 recent drilling locations in a picture about 6 miles across." width="1000" height="951" loading="lazy" style="max-width:100%;height:auto;border:0"></a>
<p style="margin:4px 0 0;font-size:14px">Map: <a href="https://royaltyclerk.com/texas/leases/utl-2932d-08-63243">Wells on the Utl 2932D lease, Ward County, Texas</a> by Royalty Clerk, from Railroad Commission of Texas records</p>Production by month
Oil output fell 70% since Dec 2024
- Oil (bars)
- Gas (line)
- Last 12 months
SourceTexas Railroad Commission Production Data Query, through Aug 2026.
From the state record
What owners ask about Utl 2932D
- When is the check for August 2026 due?
- August 2026 is the newest month the state has posted for this lease. Texas law gives the payor until 60 days after the end of the sale month for oil and 90 for gas: the oil by Oct 30, 2026 and the gas by Nov 29, 2026, unless the lease sets another time.
- Source: Railroad Commission production reports; Texas Natural Resources Code §91.402.
- See your next three checks
- Which Texas production tax rate applies?
- The Texas Comptroller lists no approved exemption or reduced rate for this lease for August 2026, so the full 4.6% on oil and 7.5% on gas applies.
- Source: Texas Comptroller, approved severance tax exemptions.
- Check the tax on your stub
- Who buys the oil and gas?
- Oil: Plains Marketing, L.p. gathers it. Gas from oil wells: Targa Delaware LLC buys and gathers it. The buyer's price is what a royalty check is figured on.
- Source: Railroad Commission Form P-4, gatherers and purchasers.
- See every buyer and past buyers
- How many 1099s should an owner expect for 2025?
- One company, Jagged Peak Energy LLC, filed this lease's reports behind every 2025 check, so most owners get one form. The operator is not always the company that pays, so go by the name on the stubs.
- Source: Railroad Commission production reports, operator of record by month.
- Check your 1099 against it
Free tools, already on this lease
Ask a question about Utl 2932D
33 years of state records, 1993–2026
UTL 2932D since 2024
We read every monthly report the Railroad Commission holds, back to January 1993. This lease first reported in December 2024. It filed 21 monthly reports through August 2026.
Sold since 2024
$16 million
What the whole lease’s oil and gas sold for at each month’s public prices, before tax and the operator’s deductions. A royalty owner’s share is their decimal of it.
- Oil sold
- 210,076 bbl
- Gas sold
- 271,876 mcf
- Best year
- 2025$11 million sold
- Last report
- Aug 2026First: Dec 2024
Its best year was 2025: $11 million of oil and gas sold
Each bar is what the lease’s oil and gas sold for that year, at that month’s prices. 2026 is only part of a year in the records, drawn lighter.
- Oil
- Gas
SourceTexas Railroad Commission Production Data Query, every monthly report since January 1993; EIA monthly WTI and Henry Hub prices (before 1997, EIA's yearly Texas natural gas wellhead price), through August 2026.
Every year as a table
| Year | Months | Oil sold, bbl | Gas sold, mcf | Sold for |
|---|---|---|---|---|
| 2026 * | 8 | 50,058 | 59,044 | $4,418,659 |
| 2025 | 12 | 151,852 | 204,024 | $11,030,470 |
| 2024 | 1 | 8,166 | 8,808 | $599,112 |
* Part of the year: the records run through August 2026.
Where the gas went
99% of the gas went to a processing plant in the last 12 months
- Processing plant (3)
- Lease fuel (1)
- Flared (4)
SourceTexas Railroad Commission Production Data Query, through Aug 2026.
Processing plant (3)
99% · 90,556 mcf
Flared (4)
0.8% · 696 mcf
Lease fuel (1)
0.2% · 203 mcf
0.8% of the gas flared in the last 12 months. No month above 3%.
1 well on this lease
| API number | Well | Status | Completed |
|---|---|---|---|
| 42-475-38759 | Utl 2932D 1207H | Active | Dec 22, 2024 |
SourceTexas Railroad Commission production records and full wellbore file.
Buyers and gatherers
| Company | Product | Role | Share% | From |
|---|---|---|---|---|
| Plains Marketing, L.p. | Oil | Gathers | 100 | Jun 12, 2025 |
| Targa Delaware LLC | Casinghead gas | Buys | 100 | Jun 12, 2025 |
| Targa Delaware LLC | Casinghead gas | Gathers | 100 | Jun 12, 2025 |
SourceRailroad Commission Form P-4 file, Oct 24, 2026 (source).
640.70 acres on the newest permit
- Worth asking
A production sharing agreement well is on this lease
A production sharing agreement divides production by a method the agreement sets. Ask the operator for the agreement and the tract percentage it gives your land.
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-475-38759 | 1207H | Mar 11, 2024 | Dec 22, 2024 | 640.70 |
On the Ward County roll
Ward County Appraisal District
2026 roll- Owners
- 3
- Accounts
- 3
Each square is one account
- Royalty1
- Overriding royalty1
- Working interest1
SourceWard County Appraisal District, 2026 mineral roll (source), read Oct 7, 2026. Accounts matched to this lease by RRC number or lease name; no owner is named.
Estimate your royalty
21 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|---|---|---|
| Aug 2026 | 5,279 | 5,288 | 7,066 | 6,986 | 29 | $83.90 | $2.78 |
| Jul 2026 | 6,095 | 6,105 | 8,684 | 8,611 | 18 | $80.46 | $2.89 |
| Jun 2026 | 6,324 | 6,324 | 6,396 | 6,356 | 1 | $84.81 | $3.15 |
| May 2026 | 9,129 | 9,194 | 5,572 | 5,539 | 1 | $102.13 | $2.94 |
| Apr 2026 | 4,411 | 4,429 | 7,269 | 7,186 | 57 | $100.32 | $2.77 |
| Mar 2026 | 6,138 | 6,172 | 7,708 | 7,624 | 84 | $91.38 | $3.04 |
| Feb 2026 | 5,772 | 5,943 | 8,049 | 7,956 | 93 | $64.51 | $3.62 |
| Jan 2026 | 6,961 | 6,603 | 8,787 | 8,786 | 1 | $60.04 | $7.72 |
| Dec 2025 | 4,514 | 4,683 | 5,031 | 5,029 | 2 | $57.97 | $4.26 |
| Nov 2025 | 4,437 | 4,381 | 6,353 | 6,326 | 27 | $60.06 | $3.79 |
| Oct 2025 | 7,031 | 7,017 | 9,268 | 9,183 | 85 | $60.89 | $3.19 |
| Sep 2025 | 7,185 | 7,205 | 11,272 | 10,974 | 298 | $63.96 | $2.97 |
| Aug 2025 | 9,252 | 9,228 | 15,406 | 15,406 | 0 | $64.86 | $2.91 |
| Jul 2025 | 9,318 | 9,391 | 13,297 | 13,172 | 125 | $68.39 | $3.20 |
| Jun 2025 | 9,736 | 9,698 | 14,084 | 14,041 | 43 | $68.17 | $3.02 |
| May 2025 | 12,754 | 12,771 | 20,168 | 19,607 | 561 | $62.17 | $3.12 |
| Apr 2025 | 15,921 | 15,916 | 25,174 | 25,107 | 67 | $63.54 | $3.42 |
| Mar 2025 | 20,741 | 20,709 | 27,884 | 27,677 | 207 | $68.24 | $4.12 |
| Feb 2025 | 24,045 | 24,010 | 28,016 | 28,000 | 16 | $71.53 | $4.19 |
| Jan 2025 | 26,835 | 26,843 | 29,513 | 29,502 | 11 | $75.74 | $4.13 |
| Dec 2024 | 8,249 | 8,166 | 8,826 | 8,808 | 18 | $70.12 | $3.01 |
SourceTexas Railroad Commission Production Data Query, through Aug 2026. Prices: EIA, through Oct 2026. Updated Oct 30, 2026.
How to check your stub against this lease Checks stopped on this lease? See the likely reasonsNearby
This lease belongs to
Jagged Peak Energy LLC in Ward County
- UTL 28-17
82,861 bbl
- UTL 2932F
79,894 bbl
- UTL 2932E
77,232 bbl
- UTL 2932J
75,028 bbl
- UTL 2635-17B
73,519 bbl
- UTL 2932I
66,274 bbl
- UTL 2423-17
51,566 bbl
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59,178 bbl
- UTL 2932H
55,944 bbl
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55,782 bbl
Phantom (Wolfcamp) field
- GREENWICH STATE 57-3-26-35 I
517,181 mcf
- WINCHESTER A4
72,139 bbl
- SOVEREIGN 28-0-18-7 B
70,184 bbl
- STATE LEE WAY 57-T2-10X3 O
552,557 mcf
- ROCK SAND D
60,071 bbl
- WHISKEY RIVER 7374A-34
70,084 bbl
- RED BLUFF 57-T1-1X12
357,532 mcf
- CBR 12-1L-56-1
417,287 mcf
- BULLION 29-0-24-25 D
69,634 bbl
- LINK VJ RANCH 30-31 A
373,143 mcf
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