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Texas oil lease

Producing

UNIVERSITY 6-48

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

2 wells

7,078bbl oil, last 12 months+6% vs prior year
RRC lease
08-43833

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Where it sits

This county

Andrews CountyAndrewsMartinGainesDawsonAndrews County
Andrews County
Gas, last 12 months
10,985 mcf
Oil in Jul 2026
444 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 rose 6% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 6% over the last 12 monthsMonthly oil production and gas for UNIVERSITY 6-48, Aug 2023 to Jul 2026. Oil output rose 6% over the last 12 months. 7,078 bbl in the 12 months through Jul 2026, against 6,662 bbl in the 12 months before.Last 12 months: 7,078 bblbbl per monthmcf per month002002504005006007508001,0001,0001,250Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 6% over the last 12 monthsMonthly oil production and gas for UNIVERSITY 6-48, Aug 2023 to Jul 2026. Oil output rose 6% over the last 12 months. 7,078 bbl in the 12 months through Jul 2026, against 6,662 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002002504005006007508001,0001,0001,250Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

97% of the gas went to a transmission line in the last 12 months

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
97% of the gas went to a transmission line in the last 12 monthsShare of UNIVERSITY 6-48 gas by disposition code each month, Aug 2023 to Jul 2026. 97% of the gas went to a transmission line in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
97% of the gas went to a transmission line in the last 12 monthsShare of UNIVERSITY 6-48 gas by disposition code each month, Aug 2023 to Jul 2026. 97% of the gas went to a transmission line 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.

  • Transmission line (2)

    97% · 10,689 mcf

  • Lease fuel (1)

    2.5% · 270 mcf

  • Flared (4)

    0.2% · 26 mcf

0.2% of the gas flared in the last 12 months. No month above 3%.

2 wells on this lease

Wells on UNIVERSITY 6-48
API numberWell no.Status
42-003-448291Active
42-003-449802HActive

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).

240 acres on the newest permit

Permits for University 6-48
API numberWell no.Acreson the permit
42-003-449802H240
42-003-448291240

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

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 6-48
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20264444351,1301,0980$80.46$2.89
Jun 20263242977537219$84.81$3.15
May 20264764601,0429970$102.13$2.94
Apr 20265515669509150$100.32$2.77
Mar 20265775671,0461,0150$91.38$3.04
Feb 20265655717877720$64.51$3.62
Jan 20266216211,0441,0270$60.04$7.72
Dec 20256426349419260$57.97$4.26
Nov 20257677639709530$60.06$3.79
Oct 20258108869189030$60.89$3.19
Sep 20256425686836720$63.96$2.97
Aug 202565965772169017$64.86$2.91
Jul 20258158118808660$68.39$3.20
Jun 20256186185575460$68.17$3.02
May 20256847165275170$62.17$3.12
Apr 20258578155405300$63.54$3.42
Mar 20257527752031990$68.24$4.12
Feb 20257657492042010$71.53$4.19
Jan 20256015811771740$75.74$4.13
Dec 20241942121541510$70.12$3.01
Nov 20242352322232180$69.95$2.12
Oct 20243413482402360$71.99$2.20
Sep 20244184091931900$70.24$2.28
Aug 20243824122312270$76.68$1.99
Jul 20245825642632580$81.80$2.07
Jun 20244364382432380$79.77$2.54
May 20244504511811780$80.02$2.12
Apr 20244123861571540$85.35$1.60
Mar 2024881451301280$81.28$1.49
Feb 20246406197877620$77.25$1.72
Jan 20247668159238870$74.15$3.18
Dec 20239559068157840$71.90$2.52
Nov 20237757837907600$77.69$2.71
Oct 20237728019639240$85.64$2.98
Sep 20237667349499090$89.43$2.64
Aug 20239769699669300$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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Nearby

Diamondback E&P LLC in Andrews County

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Spraberry (Trend Area) field

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