Billings Unit

Oil & Gas Property in Midland County, TX

  2. Texas
  3. Midland County, TX
  4. Oil & Gas Properties in Midland County, TX
  5. Billings Unit Oil & Gas Property

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Property Summary

Key data points for Billings Unit

CountyMidland County, TX
OperatorDIAMONDBACK E&P LLC
Production DatesApr 2022 - Sep 2024
Total Oil Production1,186,724 BBLs
Total Gas Production3,093,133 MCF
Recent Oil Production14,730 BBLs in Aug 2024
Recent Gas Production79,227 MCF in Aug 2024
Wells on Property5

Our Valuation Estimates for Billings Unit

ShaleAssessment™

Not Available

MarketMultiple™

$2,219,483 **

* 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 Sep 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, TX4,021 BBLs12,728 MCFSep 2024
Blackfoot EastMidland County, TX59,424 BBLs144,706 MCFSep 2024
Blackfoot West UnitMidland County, TX7,650 BBLs85,809 MCFSep 2024
Bozeman UnitMidland County, TX13,288 BBLs109,939 MCFSep 2024
Butte UnitMidland County, TX7,052 BBLs84,316 MCFSep 2024
ChapsMidland County, TX0 BBLs0 MCFFeb 2023
D EvansMidland County, TX1,350 BBLs8,531 MCFSep 2024
Diamond Rio 9Midland County, TX56,163 BBLs239,396 MCFSep 2024
Estes Button 7Midland County, TX1,117 BBLs2,766 MCFSep 2024
MaskMidland County, TX699 BBLs6,742 MCFSep 2024
Mask HZ UnitMidland County, TX18,221 BBLs39,507 MCFSep 2024
MB 10HMidland County, TX14,768 BBLs13,540 MCFSep 2024
MB 11HMidland County, TX18,516 BBLs19,308 MCFSep 2024
MB 12HMidland County, TX32,050 BBLs31,646 MCFSep 2024
MB 9HMidland County, TX18,919 BBLs15,763 MCFSep 2024
Missoula UnitMidland County, TX20,776 BBLs121,442 MCFSep 2024
Moss Partnership '9'Midland County, TX170 BBLs860 MCFAug 2024
StephensMidland County, TX151,222 BBLs353,915 MCFSep 2024
Western T 8Midland County, TX1,263 BBLs1,807 MCFSep 2024
Whitefish UnitMidland County, TX11,658 BBLs42,340 MCFSep 2024

Companies in the Area

These are the closest 20 companies operating near the Billings Unit property.

Company Name
Barron Operating LLC
Bluestem Energy Holdings, LLC
COG Operating LLC
Diamondback E&P LLC
Endeavor Energy Resources, LP
Fasken Oil And Ranch, LTD.
Firebird Energy II LLC
Henry Resources LLC
Heritage Resources, Inc.
High Sky Partners LLC
Linn Operating, Inc.
Oxy USA Inc
Parsley Energy Operations, LLC
Petroplex Energy Inc.
Pioneer Natural Res. USA, Inc.
R K Petroleum Corp.
RSP Permian, LLC
Rust Oil Corp.
Vector Oil & Gas LP
XTO Energy Inc.

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 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
08-55224BILLINGS UNITApr 2024DIAMONDBACK E&P LLC
08-55224BILLINGS UNITApr 2024BRAZOS MIDSTREAM OPERATING, LLCDIAMONDBACK E&P LLC
08-55224BILLINGS UNITApr 2024DIAMONDBACK E&P LLCDIAMONDBACK E&P LLC
08-55224BILLINGS UNITApr 2024ENLINK GAS MARKETING, LPDIAMONDBACK E&P LLC
08-55224BILLINGS UNITMar 2024VITOL INC.DIAMONDBACK E&P LLC
08-55224BILLINGS UNITMar 2024DIAMONDBACK E&P LLC
08-55224BILLINGS UNITMar 2024BRAZOS MIDSTREAM OPERATING, LLCDIAMONDBACK E&P LLC
08-55224BILLINGS UNITMar 2024DIAMONDBACK E&P LLCDIAMONDBACK E&P LLC
08-55224BILLINGS UNITMar 2024ENLINK GAS MARKETING, LPDIAMONDBACK E&P LLC
08-55224BILLINGS UNITFeb 2024VITOL INC.DIAMONDBACK E&P LLC
08-55224BILLINGS UNITFeb 2024DIAMONDBACK E&P LLC
08-55224BILLINGS UNITFeb 2024BRAZOS MIDSTREAM OPERATING, LLCDIAMONDBACK E&P LLC