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Texas oil lease

Producing

UNIVERSITY 6-48

University 6-48 is an oil lease in Andrews County, Texas, operated by Cog Operating LLC in the Spraberry (Trend Area) field.

1 well

1,671bbl oil, last 12 months−42% vs prior year
Operator
Cog Operating LLC
County
Andrews County
Field
Spraberry (Trend Area)
RRC lease
08-38981

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Where it sits

This county

Andrews CountyAndrewsMartinGainesDawsonAndrews County
Andrews County
Gas, last 12 months
213 mcf
Oil in Jul 2026
168 bbl

Production by month

Oil output fell 42% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 42% over the last 12 monthsMonthly oil production and gas for UNIVERSITY 6-48, Aug 2023 to Jul 2026. Oil output fell 42% over the last 12 months. 1,671 bbl in the 12 months through Jul 2026, against 2,866 bbl in the 12 months before.Last 12 months: 1,671 bblbbl per monthmcf per month0010050200100300150400200500250Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 42% over the last 12 monthsMonthly oil production and gas for UNIVERSITY 6-48, Aug 2023 to Jul 2026. Oil output fell 42% over the last 12 months. 1,671 bbl in the 12 months through Jul 2026, against 2,866 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

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

All of the gas went to a processing plant in the last 12 monthsShare of UNIVERSITY 6-48 gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a processing plant in the last 12 monthsShare of UNIVERSITY 6-48 gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant in the last 12 months.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on UNIVERSITY 6-48
API numberWell no.Status
42-003-403621Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Trans Crude Marketing LLCOilGathers100Jun 1, 2026–
Dcp Operating Company, LPCasinghead gasBuys100Apr 1, 2017–
Dcp Operating Company, LPCasinghead gasGathers100Apr 1, 2017–
Eastex Crude Company, LLCOilGathers100Nov 1, 2024Jun 1, 2026
Sentinel Transportation, LLCOilGathers100Aug 1, 2016Nov 1, 2024

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

Who buys my oilOil price check

320 acres on the newest permit

Check your decimal on this lease
Permits for University 6-48
API numberWell no.Acreson the permit
42-003-403621320

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

Unit decimal checker

What ConocoPhillips told investors it received

Cog Operating LLC is linked to ConocoPhillips (COP).
Realized prices reported by ConocoPhillips
QuarterOil$ per bblFiling
Q2 2026$99.40SEC filing
Q1 2026$73.47SEC filing
Q3 2025$66.13SEC filing
Q2 2025$64.23SEC filing
Q1 2025$71.65SEC filing
Q3 2024$76.77SEC filing

SourceConocoPhillips quarterly reports, SEC EDGAR, company-wide averages before hedging.

Estimate your royalty

36 months, newest first

Ledger for UNIVERSITY 6-48
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202616835428280$80.46$2.89
Jun 2026127038380$84.81$3.15
May 202612216813130$102.13$2.94
Apr 2026124010100$100.32$2.77
Mar 2026122148550$91.38$3.04
Feb 20261460660$64.51$3.62
Jan 2026143143000$60.04$7.72
Dec 202512210117170$57.97$4.26
Nov 20258470550$60.06$3.79
Oct 202514916022220$60.89$3.19
Sep 202516015021210$63.96$2.97
Aug 202520418148480$64.86$2.91
Jul 202528823047470$68.39$3.20
Jun 2025580770$68.17$3.02
May 20250155000$62.17$3.12
Apr 202512020870700$63.54$3.42
Mar 202519421480800$68.24$4.12
Feb 202525134669690$71.53$4.19
Jan 20253533661901900$75.74$4.13
Dec 20244734842062060$70.12$3.01
Nov 20244753011641640$69.95$2.12
Oct 202427218470700$71.99$2.20
Sep 20249511097970$70.24$2.28
Aug 20242873301231230$76.68$1.99
Jul 202419422295950$81.80$2.07
Jun 202425318063630$79.77$2.54
May 202412583000$80.02$2.12
Apr 2024270291550$85.35$1.60
Mar 20241698831310$81.28$1.49
Feb 202415539723230$77.25$1.72
Jan 2024213109000$74.15$3.18
Dec 2023182316000$71.90$2.52
Nov 20231110990$77.69$2.71
Oct 202313016061610$85.64$2.98
Sep 202335026260$89.43$2.64
Aug 2023570880$81.39$2.58

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

OperatorCog Operating LLCFieldSpraberry (Trend Area)CountyAndrews County

Cog Operating LLC in Andrews County

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Spraberry (Trend Area) field

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