Ted Butler Unit

Oil & Gas Property in Karnes County, TX

Property Summary

Key data points for Ted Butler Unit

CountyKarnes County, TX
OperatorMARATHON OIL EF LLC
Production DatesMar 2012 - Sep 2024
Total Oil Production736,260 BBLs
Total Gas Production1,131,781 MCF
Recent Oil Production436 BBLs in Aug 2024
Recent Gas Production510 MCF in Aug 2024
Wells on Property4

Our Valuation Estimates for Ted Butler Unit

ShaleAssessment

$25,944 *

MarketMultiple

$520,154 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Ted Butler Unit Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Ted Butler Unit
from Mar 2012 to Sep 2024

Wells on Ted Butler Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-255-32306TED BUTLER UNIT 1HMARATHON OIL EF LLCProducingKarnes County, TX28.823965-98.020561
42-255-37081TED BUTLER UNIT 2HMARATHON OIL EF LLCProducingKarnes County, TX28.822170-98.019689
42-255-37082TED BUTLER UNIT 3HMARATHON OIL EF LLCProducingKarnes County, TX28.822234-98.019714
42-255-37083TED BUTLER UNIT 4HMARATHON OIL EF LLCProducingKarnes County, TX28.822298-98.019742

Leases included in Ted Butler Unit

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
02-10028TED BUTLER UNITMARATHON OIL EF LLCKarnes County, TX

Nearby Properties

These are the closest 20 properties to the Ted Butler Unit property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Balser UnitKarnes County, TX0 BBLs0 MCFJun 2024
Best BatemanKarnes County, TX8,736 BBLs24,001 MCFSep 2024
Best FennerKarnes County, TX5,586 BBLs11,115 MCFSep 2024
Best-Beard UnitKarnes County, TX1,182 BBLs1,203 MCFSep 2024
Best-Huth UnitKarnes County, TX2,064 BBLs1,705 MCFSep 2024
Butler-Fenner-St. Germaine SaKarnes County, TX2,842 BBLs6,801 MCFSep 2024
Butler-Huth-Scheele SaKarnes County, TX2,278 BBLs2,732 MCFSep 2024
Coy City RanchKarnes County, TX19,407 BBLs42,655 MCFSep 2024
Hierholzer-Hedtke UnitKarnes County, TX0 BBLs0 MCFSep 2024
May-Ryan ABC-Atlas SaKarnes County, TX14,230 BBLs32,243 MCFSep 2024
Pfeifer UnitKarnes County, TX2,244 BBLs2,378 MCFSep 2024
Pfeifer-BellKarnes County, TX13,096 BBLs39,806 MCFSep 2024
Pfeifer-Pfeifer Bell SaKarnes County, TX6,800 BBLs22,197 MCFSep 2024
Pfeifer-Whitley Mejor SaKarnes County, TX8,950 BBLs26,436 MCFSep 2024
Richard ButlerKarnes County, TX34 BBLs15 MCFSep 2024
Tina Butler UnitKarnes County, TX156 BBLs31 MCFSep 2024
Turnbull E-F-Kowalik SaKarnes County, TX6,662 BBLs32,482 MCFSep 2024
Turnbull F-Imperial-Kowalik SaKarnes County, TX1,843 BBLs11,200 MCFSep 2024
Turnbull F-Kowalik SaKarnes County, TX4,825 BBLs14,765 MCFSep 2024
Whitley Mejor UnitKarnes County, TX1,277 BBLs608 MCFSep 2024

Owners of Ted Butler Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024MARATHON OIL EF LLCTED BUTLER UNIT W#1H-4HMARATHON OIL EF LLC
2024STANFIELD RANCH LPTED BUTLER UNIT W#1H-4HMARATHON OIL EF LLC
2024FREEHOLD ROYALTIES USA INCTED BUTLER UNIT W#1H-4HMARATHON OIL EF LLC
2024AMBER HARVEST LLCTED BUTLER UNIT W#1H-4HMARATHON OIL EF LLC
2024THERIOT LISA CANNONTED BUTLER UNIT W#1H-4HMARATHON OIL EF LLC
2024WHITTEN MICHELLE KUECKERTED BUTLER UNIT W#1H-4HMARATHON OIL EF LLC
2024CANNON CHRISTYTED BUTLER UNIT W#1H-4HMARATHON OIL EF LLC
2024BECK JULIE CAROLYNTED BUTLER UNIT W#1H-4HMARATHON OIL EF LLC
Displaying 8 of 45 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Ted Butler Unit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
02-10028TED BUTLER UNITOct 2024MARATHON OIL EF LLCMARATHON OIL EF LLC
02-10028TED BUTLER UNITSep 2024MARATHON OIL EF LLCMARATHON OIL EF LLC
02-10028TED BUTLER UNITSep 2024MARATHON OIL EF LLC
02-10028TED BUTLER UNITSep 2024MARATHON OIL EF LLCMARATHON OIL EF LLC
02-10028TED BUTLER UNITSep 2024DCP OPERATING COMPANY, LPMARATHON OIL EF LLC
02-10028TED BUTLER UNITSep 2024TARGA MIDSTREAM SERVICES LLCMARATHON OIL EF LLC
02-10028TED BUTLER UNITSep 2024ENERFIN AGUA DULCE LPMARATHON OIL EF LLC
02-10028TED BUTLER UNITAug 2024MARATHON OIL EF LLCMARATHON OIL EF LLC
02-10028TED BUTLER UNITAug 2024MARATHON OIL EF LLC
02-10028TED BUTLER UNITAug 2024MARATHON OIL EF LLCMARATHON OIL EF LLC
02-10028TED BUTLER UNITAug 2024DCP OPERATING COMPANY, LPMARATHON OIL EF LLC
02-10028TED BUTLER UNITAug 2024TARGA MIDSTREAM SERVICES LLCMARATHON OIL EF LLC
02-10028TED BUTLER UNITAug 2024ENERFIN AGUA DULCE LPMARATHON OIL EF LLC
02-10028TED BUTLER UNITJul 2024MARATHON OIL EF LLCMARATHON OIL EF LLC
02-10028TED BUTLER UNITJul 2024MARATHON OIL EF LLC
02-10028TED BUTLER UNITJul 2024MARATHON OIL EF LLCMARATHON OIL EF LLC
02-10028TED BUTLER UNITJul 2024DCP OPERATING COMPANY, LPMARATHON OIL EF LLC
02-10028TED BUTLER UNITJul 2024TARGA MIDSTREAM SERVICES LLCMARATHON OIL EF LLC
02-10028TED BUTLER UNITJul 2024ENERFIN AGUA DULCE LPMARATHON OIL EF LLC
02-10028TED BUTLER UNITJun 2024MARATHON OIL EF LLCMARATHON OIL EF LLC
02-10028TED BUTLER UNITJun 2024MARATHON OIL EF LLC
02-10028TED BUTLER UNITJun 2024MARATHON OIL EF LLCMARATHON OIL EF LLC
02-10028TED BUTLER UNITJun 2024DCP OPERATING COMPANY, LPMARATHON OIL EF LLC
02-10028TED BUTLER UNITJun 2024TARGA MIDSTREAM SERVICES LLCMARATHON OIL EF LLC
02-10028TED BUTLER UNITJun 2024ENERFIN AGUA DULCE LPMARATHON OIL EF LLC