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Texas oil lease

Producing

UNIVERSITY 6-38

University 6-38 is an oil lease in Andrews County, Texas, operated by Diamondback E&P LLC in the Spraberry (Trend Area) field.

3 wells

447bbl oil, last 12 months−19% vs prior year
Operator
Diamondback E&P LLC
County
Andrews County
Field
Spraberry (Trend Area)
RRC lease
08-43622

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Where it sits

This county

Andrews CountyAndrewsMartinGainesDawsonAndrews County
Andrews County
Gas, last 12 months
948 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 15% of the 9 months before.

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

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Production by month

Oil output fell 19% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 19% over the last 12 monthsMonthly oil production and gas for UNIVERSITY 6-38, Aug 2023 to Jul 2026. Oil output fell 19% over the last 12 months. 447 bbl in the 12 months through Jul 2026, against 551 bbl in the 12 months before.Last 12 months: 447 bblbbl per monthmcf per month005050100100150150200200250250Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 19% over the last 12 monthsMonthly oil production and gas for UNIVERSITY 6-38, Aug 2023 to Jul 2026. Oil output fell 19% over the last 12 months. 447 bbl in the 12 months through Jul 2026, against 551 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005050100100150150200200250250Jan 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 26.7% 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 6-38 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 26.7% of the gas in Jun 2026.Share of the lease’s gas by disposition code, per month0%50%100%Flared 26.7%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
84% of the gas went to a transmission line in the last 12 monthsShare of UNIVERSITY 6-38 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 26.7% of the gas in Jun 2026.Share of gas by disposition code0%50%100%Flared 26.7%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    84% · 840 mcf

  • Lease fuel (1)

    11% · 110 mcf

  • Flared (4)

    4.5% · 45 mcf

4.5% of the gas flared in the last 12 months. 8 months above 3%.

3 wells on this lease

Wells on UNIVERSITY 6-38
API numberWell no.Status
42-003-447581Shut-in
42-003-460482Active
42-003-460863Shut-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

240 acres on the newest permit

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Permits for University 6-38
API numberWell no.Acreson the permit
42-003-460863240
42-003-460482240
42-003-447581240

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

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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 6-38
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026271777653$80.46$2.89
Jun 2026531594$84.81$3.15
May 202601000$102.13$2.94
Apr 202671724220$100.32$2.77
Mar 202669601741600$91.38$3.04
Feb 2026203591792$64.51$3.62
Jan 2026455089745$60.04$7.72
Dec 20256750110943$57.97$4.26
Nov 2025344116412618$60.06$3.79
Oct 202542421261080$60.89$3.19
Sep 2025747244328$63.96$2.97
Aug 2025575834292$64.86$2.91
Jul 2025443747420$68.39$3.20
Jun 2025263141370$68.17$3.02
May 2025565716140$62.17$3.12
Apr 2025455021180$63.54$3.42
Mar 20256760866115$68.24$4.12
Feb 2025413754480$71.53$4.19
Jan 2025171839350$75.74$4.13
Dec 2024474745420$70.12$3.01
Nov 2024283028260$69.95$2.12
Oct 202461621671580$71.99$2.20
Sep 20247170104980$70.24$2.28
Aug 202448541141080$76.68$1.99
Jul 202487881921840$81.80$2.07
Jun 2024918215512227$79.77$2.54
May 202443381321243$80.02$2.12
Apr 20241110100$85.35$1.60
Mar 202402000$81.28$1.49
Feb 2024173179730$77.25$1.72
Jan 2024100941581461$74.15$3.18
Dec 20231001011541440$71.90$2.52
Nov 20231231221581480$77.69$2.71
Oct 202364601311220$85.64$2.98
Sep 2023384668640$89.43$2.64
Aug 20231331302392270$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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