Butte Unit

Oil & Gas Property in Midland County, TX

Property Summary

Key data points for Butte Unit

CountyMidland County, TX
OperatorDIAMONDBACK E&P LLC
Production DatesDec 2016 - Nov 2024
Total Oil Production2,701,996 BBLs
Total Gas Production5,220,836 MCF
Recent Oil Production9,166 BBLs in Oct 2024
Recent Gas Production95,579 MCF in Oct 2024
Wells on Property6

Our Valuation Estimates for Butte Unit

ShaleAssessment

$116,818 *

MarketMultiple

$1,528,349 **

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

Based on a decimal interest

Butte Unit Production Graph

Aggregated production of all wells and leases associated with this property
Subscribe for Full Access Subscribe now to gain immediate access
to oil and gas production for Butte Unit
from Dec 2016 to Nov 2024

Wells on Butte Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-329-40716BUTTE UNIT 804LSDIAMONDBACK E&P LLCShut InMidland County, TX32.060771-102.146640
42-329-40717BUTTE UNIT 804WADIAMONDBACK E&P LLCProducingMidland County, TX32.060793-102.146546
42-329-40718BUTTE UNIT R804LSDIAMONDBACK E&P LLCProducingMidland County, TX32.060815-102.146454
42-329-41765BUTTE UNIT 815MSDIAMONDBACK E&P LLCProducingMidland County, TX32.060527-102.147693
42-329-41766BUTTE UNIT 805WBDIAMONDBACK E&P LLCProducingMidland County, TX32.060548-102.147600
42-329-42520BUTTE UNIT 804WBDIAMONDBACK E&P LLCProducingMidland County, TX32.060291-102.148698

Leases included in Butte Unit

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-49336BUTTE UNITDIAMONDBACK E&P LLCMidland County, TX

Nearby Properties

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

Property NameLocationOil Prod.Gas Prod.Prod. Period
AldridgeMidland County, TX3,360 BBLs8,693 MCFNov 2024
Billings UnitMidland County, TX13,303 BBLs104,442 MCFNov 2024
Blackfoot EastMidland County, TX56,154 BBLs150,886 MCFNov 2024
Blackfoot West UnitMidland County, TX11,089 BBLs105,960 MCFNov 2024
Bozeman UnitMidland County, TX13,622 BBLs110,163 MCFNov 2024
ChapsMidland County, TX0 BBLs0 MCFFeb 2023
D EvansMidland County, TX2,629 BBLs13,686 MCFNov 2024
Diamond Rio 9Midland County, TX61,924 BBLs260,273 MCFNov 2024
Estes Button 7Midland County, TX1,014 BBLs4,406 MCFNov 2024
Mask HZ UnitMidland County, TX17,739 BBLs34,224 MCFNov 2024
MB 10HMidland County, TX10,863 BBLs15,137 MCFOct 2024
MB 11HMidland County, TX13,970 BBLs22,109 MCFOct 2024
MB 12HMidland County, TX27,906 BBLs26,021 MCFOct 2024
MB 8HMidland County, TX8,914 BBLs21,426 MCFOct 2024
MB 9HMidland County, TX14,137 BBLs17,064 MCFOct 2024
Missoula UnitMidland County, TX20,639 BBLs124,823 MCFNov 2024
Moss Partnership '9'Midland County, TX0 BBLs0 MCFAug 2024
StephensMidland County, TX121,792 BBLs322,555 MCFNov 2024
Western T 8Midland County, TX1,097 BBLs2,800 MCFNov 2024
Whitefish UnitMidland County, TX12,377 BBLs43,813 MCFNov 2024

Owners of Butte Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024DIAMONDBACK E&P LLC WIBUTTE UNITDIAMONDBACK E&P LLC
2024VIPER ENERGY PARTNERS LLCBUTTE UNITDIAMONDBACK E&P LLC
2024ANGUISH PARTNERSHIPBUTTE UNITDIAMONDBACK E&P LLC
2024EVANS RESOURCES INCBUTTE UNITDIAMONDBACK E&P LLC
2024D&J ANGUISH PROPERTIES LTDBUTTE UNITDIAMONDBACK E&P LLC
2024STONE LIQUIDATING LLCBUTTE UNITDIAMONDBACK E&P LLC
2024GRAYROCK MINERALS LLCBUTTE UNITDIAMONDBACK E&P LLC
2024BRIGHAM MINERALS LLCBUTTE UNITDIAMONDBACK E&P LLC
Displaying 8 of 100 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Butte Unit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-49336BUTTE UNITOct 2024VITOL INC.DIAMONDBACK E&P LLC
08-49336BUTTE UNITOct 2024DIAMONDBACK E&P LLCDIAMONDBACK E&P LLC
08-49336BUTTE UNITOct 2024ENLINK GAS MARKETING, LPDIAMONDBACK E&P LLC
08-49336BUTTE UNITOct 2024WTG GAS PROCESSING, L.P.DIAMONDBACK E&P LLC
08-49336BUTTE UNITSep 2024VITOL INC.DIAMONDBACK E&P LLC
08-49336BUTTE UNITSep 2024DIAMONDBACK E&P LLCDIAMONDBACK E&P LLC
08-49336BUTTE UNITSep 2024ENLINK GAS MARKETING, LPDIAMONDBACK E&P LLC
08-49336BUTTE UNITSep 2024WTG GAS PROCESSING, L.P.DIAMONDBACK E&P LLC
08-49336BUTTE UNITAug 2024VITOL INC.DIAMONDBACK E&P LLC
08-49336BUTTE UNITAug 2024DIAMONDBACK E&P LLCDIAMONDBACK E&P LLC
08-49336BUTTE UNITAug 2024ENLINK GAS MARKETING, LPDIAMONDBACK E&P LLC
08-49336BUTTE UNITAug 2024WTG GAS PROCESSING, L.P.DIAMONDBACK E&P LLC
08-49336BUTTE UNITJul 2024VITOL INC.DIAMONDBACK E&P LLC
08-49336BUTTE UNITJul 2024DIAMONDBACK E&P LLCDIAMONDBACK E&P LLC
08-49336BUTTE UNITJul 2024ENLINK GAS MARKETING, LPDIAMONDBACK E&P LLC
08-49336BUTTE UNITJul 2024WTG GAS PROCESSING, L.P.DIAMONDBACK E&P LLC
08-49336BUTTE UNITJun 2024VITOL INC.DIAMONDBACK E&P LLC
08-49336BUTTE UNITJun 2024DIAMONDBACK E&P LLCDIAMONDBACK E&P LLC
08-49336BUTTE UNITJun 2024ENLINK GAS MARKETING, LPDIAMONDBACK E&P LLC
08-49336BUTTE UNITJun 2024WTG GAS PROCESSING, L.P.DIAMONDBACK E&P LLC
08-49336BUTTE UNITMay 2024VITOL INC.DIAMONDBACK E&P LLC
08-49336BUTTE UNITMay 2024DIAMONDBACK E&P LLCDIAMONDBACK E&P LLC
08-49336BUTTE UNITMay 2024ENLINK GAS MARKETING, LPDIAMONDBACK E&P LLC
08-49336BUTTE UNITMay 2024WTG GAS PROCESSING, L.P.DIAMONDBACK E&P LLC
08-49336BUTTE UNITApr 2024VITOL INC.DIAMONDBACK E&P LLC