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Texas oil lease

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UNIVERSITY 6-23

University 6-23 is an oil lease in Andrews County, Texas, operated by Diamondback E&P LLC in the Spraberry (Trend Area) field.

7 wells

1,151bbl oil, last 12 months+28% vs prior year
Operator
Diamondback E&P LLC
County
Andrews County
Field
Spraberry (Trend Area)
RRC lease
08-40255

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Where it sits

This county

Andrews CountyAndrewsMartinGainesDawsonAndrews County
Andrews County
Gas, last 12 months
2,480 mcf
Oil in Jul 2026
75 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.

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

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Production by month

Oil output rose 28% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 28% over the last 12 monthsMonthly oil production and gas for UNIVERSITY 6-23, Aug 2023 to Jul 2026. Oil output rose 28% over the last 12 months. 1,151 bbl in the 12 months through Jul 2026, against 896 bbl in the 12 months before.Last 12 months: 1,151 bblbbl per monthmcf per month00100200200400300600400800Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 28% over the last 12 monthsMonthly oil production and gas for UNIVERSITY 6-23, Aug 2023 to Jul 2026. Oil output rose 28% over the last 12 months. 1,151 bbl in the 12 months through Jul 2026, against 896 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00100200200400300600400800Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

83% of the gas went to a transmission line in the last 12 months

Flaring peaked at 27.6% of the gas in Jun 2026.

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
83% of the gas went to a transmission line in the last 12 monthsShare of UNIVERSITY 6-23 gas by disposition code each month, Aug 2023 to Jul 2026. 83% of the gas went to a transmission line in the last 12 months. Flaring peaked at 27.6% of the gas in Jun 2026.Share of the lease’s gas by disposition code, per month0%50%100%Flared 27.6%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
83% of the gas went to a transmission line in the last 12 monthsShare of UNIVERSITY 6-23 gas by disposition code each month, Aug 2023 to Jul 2026. 83% of the gas went to a transmission line in the last 12 months. Flaring peaked at 27.6% of the gas in Jun 2026.Share of gas by disposition code0%50%100%Flared 27.6%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    83% · 2,050 mcf

  • Lease fuel (1)

    11% · 282 mcf

  • Flared (4)

    6.0% · 148 mcf

6.0% of the gas flared in the last 12 months. 8 months above 3%.

7 wells on this lease

Wells on UNIVERSITY 6-23
API numberWell no.Status
42-003-414424Shut-in
42-003-417386Shut-in
42-003-418265Shut-in
42-003-425749Active
42-003-430963Shut-in
42-003-433308Active
42-003-443591Shut-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

640 acres on the newest permit

  • Good to know

    7 wells are listed on this lease

    Each well can have its own unit. The decimal for one well does not have to equal the decimal for another.

  • 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 6-23
API numberWell no.Acreson the permit
42-003-443591640
42-003-433308640
42-003-430963640
42-003-425749640
42-003-414424640
42-003-418265640
42-003-417386640

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 6-23
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026759562532$80.46$2.89
Jun 20261301171166932$84.81$3.15
May 2026117108106930$102.13$2.94
Apr 20261391151591450$100.32$2.77
Mar 202635341451340$91.38$3.04
Feb 202648862432116$64.51$3.62
Jan 20261179935329221$60.04$7.72
Dec 202577682201896$57.97$4.26
Nov 202510212232725235$60.06$3.79
Oct 20251281114353730$60.89$3.19
Sep 202512211424418042$63.96$2.97
Aug 2025616370594$64.86$2.91
Jul 2025535034300$68.39$3.20
Jun 2025687172650$68.17$3.02
May 2025818748410$62.17$3.12
Apr 2025887949430$63.54$3.42
Mar 2025443825184$68.24$4.12
Feb 2025202152460$71.53$4.19
Jan 202519241231120$75.74$4.13
Dec 2024931111941830$70.12$3.01
Nov 20241561361601510$69.95$2.12
Oct 202467672322200$71.99$2.20
Sep 202474851161090$70.24$2.28
Aug 20241331582552420$76.68$1.99
Jul 20242912593383240$81.80$2.07
Jun 2024797836828965$79.77$2.54
May 202487864213979$80.02$2.12
Apr 202468752842710$85.35$1.60
Mar 20241301201631530$81.28$1.49
Feb 202456663313070$77.25$1.72
Jan 20241111034183873$74.15$3.18
Dec 202388873883630$71.90$2.52
Nov 202387973603370$77.69$2.71
Oct 20231191075124790$85.64$2.98
Sep 202339361291220$89.43$2.64
Aug 2023314976720$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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