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Texas oil lease

Producing

UNIVERSITY 6-3

University 6-3 is an oil lease in Gaines County, Texas, operated by Diamondback E&P LLC in the Spraberry (Trend Area) field.

2 wells

417bbl oil, last 12 months−31% vs prior year
Operator
Diamondback E&P LLC
County
Gaines County
Field
Spraberry (Trend Area)
RRC lease
08-43846

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Where it sits

This county

Gaines CountyGainesYoakumDawsonTerryGaines County
Gaines County
Gas, last 12 months
323 mcf
Oil in Jul 2026
0 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 31% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 31% over the last 12 monthsMonthly oil production and gas for UNIVERSITY 6-3, Aug 2023 to Jul 2026. Oil output fell 31% over the last 12 months. 417 bbl in the 12 months through Jul 2026, against 604 bbl in the 12 months before.Last 12 months: 417 bblbbl per monthmcf per month0025205040756010080125100Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 31% over the last 12 monthsMonthly oil production and gas for UNIVERSITY 6-3, Aug 2023 to Jul 2026. Oil output fell 31% over the last 12 months. 417 bbl in the 12 months through Jul 2026, against 604 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0025205040756010080125100Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Feb 2026 the lease's gas goes to a transmission line instead of lease fuel

Flaring peaked at 26.7% of the gas in Jul 2024.

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
Since Feb 2026 the lease's gas goes to a transmission line instead of lease fuelShare of UNIVERSITY 6-3 gas by disposition code each month, Aug 2023 to Jul 2026. Since Feb 2026 the lease's gas goes to a transmission line instead of lease fuel. Flaring peaked at 26.7% of the gas in Jul 2024.Share of the lease’s gas by disposition code, per month0%50%100%Feb 2026: fuel to lineFlared 26.7%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Feb 2026 the lease's gas goes to a transmission line instead of lease fuelShare of UNIVERSITY 6-3 gas by disposition code each month, Aug 2023 to Jul 2026. Since Feb 2026 the lease's gas goes to a transmission line instead of lease fuel. Flaring peaked at 26.7% of the gas in Jul 2024.Share of gas by disposition code0%50%100%Feb 26: fuel to lineFlared 26.7%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    75% · 377 mcf

  • Lease fuel (1)

    25% · 126 mcf

  • Flared (4)

    0.2% · 1 mcf

0.2% of the gas flared in the last 12 months. 6 months above 3%.

2 wells on this lease

Wells on UNIVERSITY 6-3
API numberWell no.Status
42-165-376671Active
42-165-379993Shut-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

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Permits for University 6-3
API numberWell no.Acreson the permit
42-165-379993640
42-165-376671640

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 6-3
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202602000$80.46$2.89
Jun 2026110000$84.81$3.15
May 2026275825190$102.13$2.94
Apr 2026735453340$100.32$2.77
Mar 2026293530170$91.38$3.04
Feb 2026392452330$64.51$3.62
Jan 20262528310$60.04$7.72
Dec 20252329000$57.97$4.26
Nov 2025515116110$60.06$3.79
Oct 2025464641260$60.89$3.19
Sep 2025534741260$63.96$2.97
Aug 2025504662471$64.86$2.91
Jul 2025302646420$68.39$3.20
Jun 2025313872650$68.17$3.02
May 2025312863560$62.17$3.12
Apr 2025336133280$63.54$3.42
Mar 2025482432250$68.24$4.12
Feb 2025384428240$71.53$4.19
Jan 2025504726210$75.74$4.13
Dec 2024696928250$70.12$3.01
Nov 2024717154480$69.95$2.12
Oct 2024696576600$71.99$2.20
Sep 2024747969590$70.24$2.28
Aug 2024605754423$76.68$1.99
Jul 2024108153864723$81.80$2.07
Jun 2024613936244$79.77$2.54
May 2024614451402$80.02$2.12
Apr 2024422764450$85.35$1.60
Mar 2024183263380$81.28$1.49
Feb 2024453461351$77.25$1.72
Jan 2024353967394$74.15$3.18
Dec 2023535641231$71.90$2.52
Nov 2023314133191$77.69$2.71
Oct 2023283538200$85.64$2.98
Sep 2023523261410$89.43$2.64
Aug 2023286955370$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)CountyGaines County

Diamondback E&P LLC in Gaines County

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Spraberry (Trend Area) field

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