Billings Unit

Oil & Gas Property in Midland County, TX

Property Summary

Key data points for Billings Unit

CountyMidland County, TX
OperatorDIAMONDBACK E&P LLC
Production DatesApr 2022 - Oct 2024
Total Oil Production1,200,027 BBLs
Total Gas Production3,197,575 MCF
Recent Oil Production13,702 BBLs in Sep 2024
Recent Gas Production86,787 MCF in Sep 2024
Wells on Property5

Our Valuation Estimates for Billings Unit

ShaleAssessment

Not Available

MarketMultiple

$2,157,849 **

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

Based on a decimal interest

Billings Unit Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Billings Unit
from Apr 2022 to Oct 2024

Wells on Billings Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-329-43743BILLINGS UNIT 819MSDIAMONDBACK E&P LLCProducingMidland County, TX32.061593-102.143171
42-329-43744BILLINGS UNIT 808LSDIAMONDBACK E&P LLCProducingMidland County, TX32.061647-102.143064
42-329-43745BILLINGS UNIT 807WADIAMONDBACK E&P LLCProducingMidland County, TX32.061604-102.143250
42-329-43746BILLINGS UNIT 808WBDIAMONDBACK E&P LLCProducingMidland County, TX32.061632-102.143127
42-329-44529BILLINGS UNIT 807WBDIAMONDBACK E&P LLCProducingMidland County, TX32.061148-102.145068

Leases included in Billings Unit

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-55224BILLINGS UNITDIAMONDBACK E&P LLCMidland County, TX

Nearby Properties

These are the closest 20 properties to the Billings Unit property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
AldridgeMidland County, TX3,524 BBLs8,578 MCFOct 2024
Blackfoot EastMidland County, TX52,829 BBLs127,125 MCFOct 2024
Blackfoot West UnitMidland County, TX11,129 BBLs102,551 MCFOct 2024
Bozeman UnitMidland County, TX13,372 BBLs109,692 MCFOct 2024
Butte UnitMidland County, TX8,768 BBLs89,158 MCFOct 2024
ChapsMidland County, TX0 BBLs0 MCFFeb 2023
D EvansMidland County, TX1,704 BBLs9,009 MCFOct 2024
Diamond Rio 9Midland County, TX63,776 BBLs252,898 MCFOct 2024
Estes Button 7Midland County, TX1,136 BBLs4,292 MCFOct 2024
MaskMidland County, TX670 BBLs5,715 MCFOct 2024
Mask HZ UnitMidland County, TX18,209 BBLs30,327 MCFOct 2024
MB 10HMidland County, TX11,614 BBLs13,708 MCFOct 2024
MB 11HMidland County, TX15,070 BBLs20,670 MCFOct 2024
MB 12HMidland County, TX29,946 BBLs23,497 MCFOct 2024
MB 9HMidland County, TX14,948 BBLs15,854 MCFOct 2024
Missoula UnitMidland County, TX20,855 BBLs121,101 MCFOct 2024
Moss Partnership '9'Midland County, TX0 BBLs0 MCFAug 2024
StephensMidland County, TX128,355 BBLs321,267 MCFOct 2024
Western T 8Midland County, TX1,104 BBLs3,096 MCFOct 2024
Whitefish UnitMidland County, TX12,220 BBLs40,029 MCFOct 2024

Owners of Billings Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024DIAMONDBACK E&P LLC WIBILLINGS UNITDIAMONDBACK E&P
2024VIPER ENERGY PARTNERS LLCBILLINGS UNITDIAMONDBACK E&P
2024ANGUISH PARTNERSHIPBILLINGS UNITDIAMONDBACK E&P
2024EVANS RESOURCES INCBILLINGS UNITDIAMONDBACK E&P
2024TEXAS LAND & MORTGAGE COBILLINGS UNITDIAMONDBACK E&P
2024D&J ANGUISH PROPERTIES LTDBILLINGS UNITDIAMONDBACK E&P
2024GRAYROCK MINERALS LLCBILLINGS UNITDIAMONDBACK E&P
2024BRIGHAM MINERALS LLCBILLINGS UNITDIAMONDBACK E&P
Displaying 8 of 77 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Billings Unit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-55224BILLINGS UNITOct 2024VITOL INC.DIAMONDBACK E&P LLC
08-55224BILLINGS UNITOct 2024DIAMONDBACK E&P LLCDIAMONDBACK E&P LLC
08-55224BILLINGS UNITOct 2024ENLINK GAS MARKETING, LPDIAMONDBACK E&P LLC
08-55224BILLINGS UNITOct 2024WTG GAS PROCESSING, L.P.DIAMONDBACK E&P LLC
08-55224BILLINGS UNITSep 2024VITOL INC.DIAMONDBACK E&P LLC
08-55224BILLINGS UNITSep 2024DIAMONDBACK E&P LLCDIAMONDBACK E&P LLC
08-55224BILLINGS UNITSep 2024ENLINK GAS MARKETING, LPDIAMONDBACK E&P LLC
08-55224BILLINGS UNITSep 2024WTG GAS PROCESSING, L.P.DIAMONDBACK E&P LLC
08-55224BILLINGS UNITAug 2024VITOL INC.DIAMONDBACK E&P LLC
08-55224BILLINGS UNITAug 2024DIAMONDBACK E&P LLCDIAMONDBACK E&P LLC
08-55224BILLINGS UNITAug 2024ENLINK GAS MARKETING, LPDIAMONDBACK E&P LLC
08-55224BILLINGS UNITAug 2024WTG GAS PROCESSING, L.P.DIAMONDBACK E&P LLC
08-55224BILLINGS UNITJul 2024VITOL INC.DIAMONDBACK E&P LLC
08-55224BILLINGS UNITJul 2024DIAMONDBACK E&P LLCDIAMONDBACK E&P LLC
08-55224BILLINGS UNITJul 2024ENLINK GAS MARKETING, LPDIAMONDBACK E&P LLC
08-55224BILLINGS UNITJul 2024WTG GAS PROCESSING, L.P.DIAMONDBACK E&P LLC
08-55224BILLINGS UNITJun 2024VITOL INC.DIAMONDBACK E&P LLC
08-55224BILLINGS UNITJun 2024DIAMONDBACK E&P LLCDIAMONDBACK E&P LLC
08-55224BILLINGS UNITJun 2024ENLINK GAS MARKETING, LPDIAMONDBACK E&P LLC
08-55224BILLINGS UNITJun 2024WTG GAS PROCESSING, L.P.DIAMONDBACK E&P LLC
08-55224BILLINGS UNITMay 2024VITOL INC.DIAMONDBACK E&P LLC
08-55224BILLINGS UNITMay 2024DIAMONDBACK E&P LLCDIAMONDBACK E&P LLC
08-55224BILLINGS UNITMay 2024ENLINK GAS MARKETING, LPDIAMONDBACK E&P LLC
08-55224BILLINGS UNITMay 2024WTG GAS PROCESSING, L.P.DIAMONDBACK E&P LLC
08-55224BILLINGS UNITApr 2024VITOL INC.DIAMONDBACK E&P LLC