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Texas oil lease

Producing

UNIVERSITY 6-24

University 6-24 is an oil lease in Andrews County, Texas, operated by Diamondback E&P LLC in the Spraberry (Trend Area) field.

6 wells

893bbl oil, last 12 months−51% vs prior year
Operator
Diamondback E&P LLC
County
Andrews County
Field
Spraberry (Trend Area)
RRC lease
08-40680

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Where it sits

This county

Andrews CountyAndrewsMartinGainesDawsonAndrews County
Andrews County
Gas, last 12 months
1,318 mcf
Oil in Jul 2026
45 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 fell 51% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 51% over the last 12 monthsMonthly oil production and gas for UNIVERSITY 6-24, Aug 2023 to Jul 2026. Oil output fell 51% over the last 12 months. 893 bbl in the 12 months through Jul 2026, against 1,805 bbl in the 12 months before.Last 12 months: 893 bblbbl per monthmcf per month00100200200400300600400800Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 51% over the last 12 monthsMonthly oil production and gas for UNIVERSITY 6-24, Aug 2023 to Jul 2026. Oil output fell 51% over the last 12 months. 893 bbl in the 12 months through Jul 2026, against 1,805 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

84% of the gas went to a transmission line in the last 12 months

Flaring peaked at 28.2% of the gas in Jun 2026.

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
84% of the gas went to a transmission line in the last 12 monthsShare of UNIVERSITY 6-24 gas by disposition code each month, Aug 2023 to Jul 2026. 84% of the gas went to a transmission line in the last 12 months. Flaring peaked at 28.2% of the gas in Jun 2026.Share of the lease’s gas by disposition code, per month0%50%100%Flared 28.2%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
84% of the gas went to a transmission line in the last 12 monthsShare of UNIVERSITY 6-24 gas by disposition code each month, Aug 2023 to Jul 2026. 84% of the gas went to a transmission line in the last 12 months. Flaring peaked at 28.2% of the gas in Jun 2026.Share of gas by disposition code0%50%100%Flared 28.2%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    84% · 1,105 mcf

  • Lease fuel (1)

    11% · 150 mcf

  • Flared (4)

    4.8% · 63 mcf

4.8% of the gas flared in the last 12 months. 7 months above 3%.

6 wells on this lease

Wells on UNIVERSITY 6-24
API numberWell no.Status
42-003-413562Shut-in
42-003-417013Shut-in
42-003-425815Shut-in
42-003-429934Shut-in
42-003-432526Shut-in
42-003-433537Active

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

480 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 6-24
API numberWell no.Acreson the permit
42-003-433537480
42-003-432526480
42-003-429934480
42-003-425815480
42-003-417013480
42-003-413562480

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 6-24
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026454827231$80.46$2.89
Jun 20265473392311$84.81$3.15
May 20261221281151010$102.13$2.94
Apr 20262211941811650$100.32$2.77
Mar 202612210684770$91.38$3.04
Feb 2026356390782$64.51$3.62
Jan 202687831571309$60.04$7.72
Dec 202586631481274$57.97$4.26
Nov 2025344121816823$60.06$3.79
Oct 202542371831570$60.89$3.19
Sep 20254236755513$63.96$2.97
Aug 202532110$64.86$2.91
Jul 202506000$68.39$3.20
Jun 2025435022200$68.17$3.02
May 2025859429250$62.17$3.12
Apr 202510110229250$63.54$3.42
Mar 202510591664711$68.24$4.12
Feb 202545781491320$71.53$4.19
Jan 20251701394494080$75.74$4.13
Dec 202410213264600$70.12$3.01
Nov 20242322261711610$69.95$2.12
Oct 20243033011731640$71.99$2.20
Sep 20243053172602440$70.24$2.28
Aug 20243143033693500$76.68$1.99
Jul 20242282266255990$81.80$2.07
Jun 2024214209693544122$79.77$2.54
May 202421922856753412$80.02$2.12
Apr 20242542455535270$85.35$1.60
Mar 20242132134013770$81.28$1.49
Feb 20242322363813540$77.25$1.72
Jan 20241981884384053$74.15$3.18
Dec 20232001994043780$71.90$2.52
Nov 20232282384063800$77.69$2.71
Oct 20231982012952760$85.64$2.98
Sep 20232162086916520$89.43$2.64
Aug 20232392407577190$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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