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Texas oil lease

Shut in

UNIVERSITY 7-31B

University 7-31B is an oil lease in Martin County, Texas, operated by Diamondback E&P LLC in the Spraberry (Trend Area) field.

7 wells

0bbl oil, last 12 months
RRC lease
08-39191

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Oil in Jul 2026
0 bbl
Reporting since
Jan 2020

Checks stopped on this lease?

  • Sales

    No sales reported for the last 12 months of state data (through Jul 2026).

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

See why checks stop on this lease

Production by month

No production to chart

The state shows zero oil and zero gas for all 36 months we hold (Aug 2023 to Jul 2026). A lease that is shut in or newly reported looks like this. The ledger below lists each month.

Where the gas went

No gas disposition reported for this lease

The operator has not reported where the gas went in the months we hold.

Who has run this lease

The operator changed once, most recently in Oct 2021

Operators of this lease over timeQep Energy Company, Jan 2020 to Sep 2021; Diamondback E&P LLC, Oct 2021 to Jul 20262020202120222023202420252026Changed Oct 2021Qep Energy CompanyJan 2020 to Sep 2021Diamondback E&P LLCOct 2021 to now
Operators of this lease over timeQep Energy Company, Jan 2020 to Sep 2021; Diamondback E&P LLC, Oct 2021 to Jul 20262020202120222023202420252026Changed Oct 2021Qep Energy CompanyJan 2020 to Sep 2021Diamondback E&P LLCOct 2021 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

7 wells on this lease

Wells on UNIVERSITY 7-31B
API numberWell no.Status
42-317-353772Active
42-317-359243Active
42-317-360905Shut-in
42-317-364574Active
42-317-370966Shut-in
42-317-389837Shut-in
42-317-41454D 1Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Oryx Midland Oil Gathering LLCOilGathers50Jul 2, 2021–
Eastex Crude Company, LLCOilGathers25Jan 1, 2023–
Explore Logistics LLCOilGathers25Jul 2, 2021–
Et Gathering & Processing LLCCasinghead gasBuys50Oct 1, 2023–
Wtg Gas Processing, LLCCasinghead gasBuys50Jan 1, 2023–
Williams Mlp Operating LLCCasinghead gasGathers100Oct 1, 2015–
Etc Texas P/L, LTDCasinghead gasBuys50Mar 6, 2015Oct 1, 2023
Wtg Gas Processing, L.p.Casinghead gasBuys50Mar 6, 2015Jan 1, 2023
Eastex Crude CompanyOilGathers25Jul 2, 2021Jan 1, 2023
Plains Pipeline L.p.OilGathers100Mar 1, 2014Jul 2, 2021

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

321.75 acres on the newest permit

  • Good to know

    The wells on this lease state different acreage

    The permits state between 320 and 321.85 acres. Use the acres from your own division order for the well you are paid on.

  • Good to know

    7 wells are listed on this lease

    Each well can have its own unit. The decimal for one well does not have to equal the decimal for another.

Check your decimal on this lease
Permits for University 7-31B
API numberWell no.Acreson the permit
42-317-41454D 1321.75
42-317-389837321.70
42-317-370966321.85
42-317-364574321.85
42-317-360905321.85
42-317-359243320
42-317-353772321.85

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 7-31B
MonthOil producedbblOil soldbblWTI$/bblHenry Hub$/MMBtu
Jul 2026Diamondback E&P00$80.46$2.89
Jun 2026Diamondback E&P00$84.81$3.15
May 2026Diamondback E&P00$102.13$2.94
Apr 2026Diamondback E&P00$100.32$2.77
Mar 2026Diamondback E&P00$91.38$3.04
Feb 2026Diamondback E&P00$64.51$3.62
Jan 2026Diamondback E&P00$60.04$7.72
Dec 2025Diamondback E&P00$57.97$4.26
Nov 2025Diamondback E&P00$60.06$3.79
Oct 2025Diamondback E&P00$60.89$3.19
Sep 2025Diamondback E&P00$63.96$2.97
Aug 2025Diamondback E&P00$64.86$2.91
Jul 2025Diamondback E&P00$68.39$3.20
Jun 2025Diamondback E&P00$68.17$3.02
May 2025Diamondback E&P00$62.17$3.12
Apr 2025Diamondback E&P00$63.54$3.42
Mar 2025Diamondback E&P00$68.24$4.12
Feb 2025Diamondback E&P00$71.53$4.19
Jan 2025Diamondback E&P00$75.74$4.13
Dec 2024Diamondback E&P00$70.12$3.01
Nov 2024Diamondback E&P00$69.95$2.12
Oct 2024Diamondback E&P00$71.99$2.20
Sep 2024Diamondback E&P00$70.24$2.28
Aug 2024Diamondback E&P00$76.68$1.99
Jul 2024Diamondback E&P00$81.80$2.07
Jun 2024Diamondback E&P00$79.77$2.54
May 2024Diamondback E&P00$80.02$2.12
Apr 2024Diamondback E&P00$85.35$1.60
Mar 2024Diamondback E&P00$81.28$1.49
Feb 2024Diamondback E&P00$77.25$1.72
Jan 2024Diamondback E&P00$74.15$3.18
Dec 2023Diamondback E&P00$71.90$2.52
Nov 2023Diamondback E&P00$77.69$2.71
Oct 2023Diamondback E&P00$85.64$2.98
Sep 2023Diamondback E&P00$89.43$2.64
Aug 2023Diamondback E&P00$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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Diamondback E&P LLC in Martin County

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