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Texas oil lease

Producing

UNIVERSITY 6-16

University 6-16 is an oil lease in Andrews County, Texas, operated by Diamondback E&P LLC in the Spraberry (Trend Area) field.

5 wells

3,072bbl oil, last 12 months−24% vs prior year
Operator
Diamondback E&P LLC
County
Andrews County
Field
Spraberry (Trend Area)
RRC lease
08-40267

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Where it sits

This county

Andrews CountyAndrewsMartinGainesDawsonAndrews County
Andrews County
Gas, last 12 months
2,590 mcf
Oil in Jul 2026
27 bbl

Checks stopped on this lease?

  • Buyer

    Buyer changed: ONEOK MIDLAND MIDSTREAM, LLC replaced CORONADO MIDSTREAM LLC as the buyer of this lease's gas from oil wells on Apr 1, 2026.

  • Sales

    Sales over the last 3 months fell to 12% of the 9 months before.

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

See why checks stop on this lease

Production by month

Oil output fell 24% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 24% over the last 12 monthsMonthly oil production and gas for UNIVERSITY 6-16, Aug 2023 to Jul 2026. Oil output fell 24% over the last 12 months. 3,072 bbl in the 12 months through Jul 2026, against 4,039 bbl in the 12 months before.Last 12 months: 3,072 bblbbl per monthmcf per month001002002004003006004008005001,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 24% over the last 12 monthsMonthly oil production and gas for UNIVERSITY 6-16, Aug 2023 to Jul 2026. Oil output fell 24% over the last 12 months. 3,072 bbl in the 12 months through Jul 2026, against 4,039 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001002002004003006004008005001,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

85% of the gas went to a transmission line in the last 12 months

Flaring peaked at 5.5% of the gas in Sep 2025.

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
85% of the gas went to a transmission line in the last 12 monthsShare of UNIVERSITY 6-16 gas by disposition code each month, Aug 2023 to Jul 2026. 85% of the gas went to a transmission line in the last 12 months. Flaring peaked at 5.5% of the gas in Sep 2025.Share of the lease’s gas by disposition code, per month0%50%100%Flared 5.5%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
85% of the gas went to a transmission line in the last 12 monthsShare of UNIVERSITY 6-16 gas by disposition code each month, Aug 2023 to Jul 2026. 85% of the gas went to a transmission line in the last 12 months. Flaring peaked at 5.5% of the gas in Sep 2025.Share of gas by disposition code0%50%100%Flared 5.5%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    85% · 2,544 mcf

  • Lease fuel (1)

    14% · 427 mcf

  • Flared (4)

    1.1% · 34 mcf

1.1% of the gas flared in the last 12 months. 2 months above 3%.

5 wells on this lease

Wells on UNIVERSITY 6-16
API numberWell no.Status
42-003-419333Shut-in
42-003-419344Shut-in
42-003-422906Active
42-317-358561Active
42-317-387102Shut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Oryx Midland Oil Gathering LLCOilGathers100Apr 1, 2026–
Oneok Midland Midstream, LLCCasinghead gasBuys100Apr 1, 2026–
Enlink Permian, LLCCasinghead gasGathers100Apr 1, 2026–
Enlink Midstream Services, LLCCasinghead gasGathers100Jul 1, 2021Apr 1, 2026
Coronado Midstream LLCCasinghead gasBuys100Jul 1, 2021Apr 1, 2026
Eastex Crude Company, LLCOilGathers25Jan 1, 2023Apr 1, 2026
Explore Logistics LLCOilGathers25Jul 1, 2021Apr 1, 2026
Oryx Midland Oil Gathering LLCOilGathers50May 1, 2021Apr 1, 2026
Eastex Crude CompanyOilGathers25Jul 1, 2021Jan 1, 2023

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

Who buys my oilOil price check

320 acres on the newest permit

  • Worth asking

    A Rule 37 case is listed

    The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.

Check your decimal on this lease
Permits for University 6-16
API numberWell no.Acreson the permit
42-317-387102320
42-003-422906320
42-317-358561320
42-003-419344320
42-003-419333320

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

Unit decimal checker

What Diamondback Energy, Inc. told investors it received

Diamondback E&P LLC is linked to Diamondback Energy, Inc. (FANG).
Realized prices reported by Diamondback Energy, Inc.
QuarterOil$ per bblFiling
Q2 2026$96.82SEC filing
Q1 2026$73.47SEC filing
Q4 2025$58.00SEC filing
Q3 2025$64.60SEC filing
Q2 2025$63.23SEC filing
Q1 2025$70.95SEC filing

SourceDiamondback Energy, Inc. quarterly reports, SEC EDGAR, company-wide averages before hedging.

Estimate your royalty

36 months, newest first

Ledger for UNIVERSITY 6-16
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026272925190$80.46$2.89
Jun 20262430850$84.81$3.15
May 2026545830210$102.13$2.94
Apr 202685102000$100.32$2.77
Mar 20262983132442200$91.38$3.04
Feb 20263373293212750$64.51$3.62
Jan 2026252250135760$60.04$7.72
Dec 20252342772852270$57.97$4.26
Nov 20254103992852490$60.06$3.79
Oct 20254814644664270$60.89$3.19
Sep 202541542532726218$63.96$2.97
Aug 202545546946439816$64.86$2.91
Jul 20254414224153650$68.39$3.20
Jun 20254474476666100$68.17$3.02
May 20253763893853450$62.17$3.12
Apr 20252572361991790$63.54$3.42
Mar 20253723702001790$68.24$4.12
Feb 20253183242522300$71.53$4.19
Jan 20253052972532300$75.74$4.13
Dec 20243423582622360$70.12$3.01
Nov 20243693903463080$69.95$2.12
Oct 20244804334013560$71.99$2.20
Sep 20241551521651460$70.24$2.28
Aug 20241771662782460$76.68$1.99
Jul 20242232092832490$81.80$2.07
Jun 2024384638261$79.77$2.54
May 202410412894600$80.02$2.12
Apr 20247973110680$85.35$1.60
Mar 2024102127159970$81.28$1.49
Feb 20242522242251410$77.25$1.72
Jan 20242092642471646$74.15$3.18
Dec 20233142603042270$71.90$2.52
Nov 20232072023572950$77.69$2.71
Oct 20231161422331910$85.64$2.98
Sep 20232082644363690$89.43$2.64
Aug 20233312878217170$81.39$2.58

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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This lease belongs to

OperatorDiamondback E&P LLCFieldSpraberry (Trend Area)CountyAndrews County

Diamondback E&P LLC in Andrews County

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Spraberry (Trend Area) field

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