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 - Aug 2024
Total Oil Production1,173,022 BBLs
Total Gas Production3,006,346 MCF
Recent Oil Production14,965 BBLs in Jul 2024
Recent Gas Production68,297 MCF in Jul 2024
Wells on Property5

Our Valuation Estimates for Billings Unit

ShaleAssessment™

Not Available

MarketMultiple™

$2,279,457 **

* 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 Aug 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, TX4,352 BBLs713 MCFAug 2024
Blackfoot EastMidland County, TX67,530 BBLs170,155 MCFAug 2024
Blackfoot West UnitMidland County, TX5,862 BBLs64,374 MCFAug 2024
Bozeman UnitMidland County, TX12,963 BBLs110,116 MCFAug 2024
Butte UnitMidland County, TX10,524 BBLs93,253 MCFAug 2024
ChapsMidland County, TX0 BBLs0 MCFFeb 2023
D EvansMidland County, TX2,695 BBLs12,574 MCFAug 2024
Diamond Rio 9Midland County, TX61,095 BBLs256,489 MCFAug 2024
Estes Button 7Midland County, TX1,320 BBLs4,093 MCFAug 2024
MaskMidland County, TX701 BBLs6,694 MCFAug 2024
Mask HZ UnitMidland County, TX15,776 BBLs43,707 MCFAug 2024
MB 10HMidland County, TX17,734 BBLs14,345 MCFSep 2024
MB 11HMidland County, TX19,639 BBLs18,253 MCFSep 2024
MB 12HMidland County, TX43,566 BBLs44,823 MCFSep 2024
MB 9HMidland County, TX21,995 BBLs15,967 MCFSep 2024
Missoula UnitMidland County, TX25,178 BBLs129,982 MCFAug 2024
Moss Partnership '9'Midland County, TX381 BBLs762 MCFAug 2024
StephensMidland County, TX168,735 BBLs376,089 MCFAug 2024
Western T 8Midland County, TX950 BBLs2,311 MCFAug 2024
Whitefish UnitMidland County, TX11,389 BBLs35,218 MCFAug 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.
Stephens, Autry C.
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