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Texas oil lease

Producing

UNIVERSITY 6-24

University 6-24 is an oil lease in Andrews County, Texas, operated by Ovintiv USA Inc. in the Spraberry (Trend Area) field.

1 well

1,214bbl oil, last 12 months+3% vs prior year
RRC lease
08-49330

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Where it sits

This county

Andrews CountyAndrewsMartinGainesDawsonAndrews County
Andrews County
Oil in Jul 2026
0 bbl
Reporting since
Jan 2020

Production by month

Oil output rose 3% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 3% over the last 12 monthsMonthly oil production and gas for UNIVERSITY 6-24, Aug 2023 to Jul 2026. Oil output rose 3% over the last 12 months. 1,214 bbl in the 12 months through Jul 2026, against 1,176 bbl in the 12 months before.Last 12 months: 1,214 bblbbl per monthmcf per month0010050200100300150400200500250Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 3% over the last 12 monthsMonthly oil production and gas for UNIVERSITY 6-24, Aug 2023 to Jul 2026. Oil output rose 3% over the last 12 months. 1,214 bbl in the 12 months through Jul 2026, against 1,176 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0010050200100300150400200500250Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

99% of the gas went to a processing plant in the last 12 months

Flaring peaked at 9.8% of the gas in Aug 2023.

  • Processing plant (3)
  • Flared (4)
99% of the gas went to a processing plant in the last 12 monthsShare of UNIVERSITY 6-24 gas by disposition code each month, Aug 2023 to Jul 2026. 99% of the gas went to a processing plant in the last 12 months. Flaring peaked at 9.8% of the gas in Aug 2023.Share of the lease’s gas by disposition code, per month0%50%100%Flared 9.8%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
99% of the gas went to a processing plant in the last 12 monthsShare of UNIVERSITY 6-24 gas by disposition code each month, Aug 2023 to Jul 2026. 99% of the gas went to a processing plant in the last 12 months. Flaring peaked at 9.8% of the gas in Aug 2023.Share of gas by disposition code0%50%100%Flared 9.8%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    99% · 1,334 mcf

  • Flared (4)

    0.7% · 10 mcf

0.7% of the gas flared in the last 12 months. One month above 3%.

Who has run this lease

The operator changed once, most recently in Jun 2023

Operators of this lease over timePiedra Operating, LLC, Jan 2020 to May 2023; Ovintiv USA Inc., Jun 2023 to Jul 20262020202120222023202420252026Changed Jun 2023Piedra Operating, LLCJan 2020 to May 2023Ovintiv USA Inc.Jun 2023 to now
Operators of this lease over timePiedra Operating, LLC, Jan 2020 to May 2023; Ovintiv USA Inc., Jun 2023 to Jul 20262020202120222023202420252026Changed Jun 2023Piedra Operating, LLCJan 2020 to May 2023Ovintiv USA Inc.Jun 2023 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on UNIVERSITY 6-24
API numberWell no.Status
42-003-404003Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Trans Crude Marketing LLCOilGathers50Sep 1, 2025–
Ngl Crude Logistics, LLCOilGathers50Sep 1, 2025–
Ngl Crude Assets and Mktg, LLCOilGathers100Jul 21, 2025Sep 1, 2025
Eastex Crude Company, LLCOilGathers50Dec 1, 2023Jul 21, 2025
Shell Trading (Us) CompanyOilGathers50Dec 1, 2023Jul 21, 2025
Dcp Operating Company, LPCasinghead gasGathers100Aug 1, 2022Dec 1, 2023
Dcp Operating Company, LPCasinghead gasBuys100Aug 1, 2022Dec 1, 2023
Energy Trans Crude Marketing LLCOilGathers100Aug 1, 2022Dec 1, 2023

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

640 acres on the newest permit

Permits for University 6-24
API numberWell no.Acreson the permit
42-003-404003640

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

What Ovintiv Inc. told investors it received

Ovintiv USA Inc. is linked to Ovintiv Inc. (OVV).
Realized prices reported by Ovintiv Inc.
QuarterOil$ per bblFiling
Q2 2026$100.69SEC filing
Q1 2026$72.62SEC filing
Q4 2025$59.55SEC filing
Q3 2025$66.22SEC filing
Q2 2025$64.50SEC filing
Q1 2025$71.79SEC filing

SourceOvintiv 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 2026Ovintiv USA00000$80.46$2.89
Jun 2026Ovintiv USA72179000$84.81$3.15
May 2026Ovintiv USA352361000$102.13$2.94
Apr 2026Ovintiv USA280000$100.32$2.77
Mar 2026Ovintiv USA340000$91.38$3.04
Feb 2026Ovintiv USA520000$64.51$3.62
Jan 2026Ovintiv USA38170000$60.04$7.72
Dec 2025Ovintiv USA1190000$57.97$4.26
Nov 2025Ovintiv USA42165000$60.06$3.79
Oct 2025Ovintiv USA1160000$60.89$3.19
Sep 2025Ovintiv USA154162000$63.96$2.97
Aug 2025Ovintiv USA207339000$64.86$2.91
Jul 2025Ovintiv USA219163000$68.39$3.20
Jun 2025Ovintiv USA660000$68.17$3.02
May 2025Ovintiv USA86164000$62.17$3.12
Apr 2025Ovintiv USA275178000$63.54$3.42
Mar 2025Ovintiv USA50000$68.24$4.12
Feb 2025Ovintiv USA30000$71.53$4.19
Jan 2025Ovintiv USA187338000$75.74$4.13
Dec 2024Ovintiv USA1570000$70.12$3.01
Nov 2024Ovintiv USA32163000$69.95$2.12
Oct 2024Ovintiv USA380000$71.99$2.20
Sep 2024Ovintiv USA650000$70.24$2.28
Aug 2024Ovintiv USA43170000$76.68$1.99
Jul 2024Ovintiv USA105549490$81.80$2.07
Jun 2024Ovintiv USA19316422220$79.77$2.54
May 2024Ovintiv USA22065650$80.02$2.12
Apr 2024Ovintiv USA451611011010$85.35$1.60
Mar 2024Ovintiv USA6902142140$81.28$1.49
Feb 2024Ovintiv USA2031731851850$77.25$1.72
Jan 2024Ovintiv USA6017481810$74.15$3.18
Dec 2023Ovintiv USA12302002000$71.90$2.52
Nov 2023Ovintiv USA21135180800$77.69$2.71
Oct 2023Ovintiv USA53051510$85.64$2.98
Sep 2023Ovintiv USA1051581941940$89.43$2.64
Aug 2023Ovintiv USA16501029210$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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Nearby

Ovintiv USA Inc. in Andrews County

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Spraberry (Trend Area) field

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Leases within 10 km

Drilling permits within 10 km