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 - Jan 2025
Total Oil Production2,717,232 BBLs
Total Gas Production5,388,672 MCF
Recent Oil Production7,484 BBLs in Dec 2024
Recent Gas Production83,373 MCF in Dec 2024
Wells on Property6

Our Valuation Estimates for Butte Unit

ShaleAssessment

$112,090 *

MarketMultiple

$1,432,677 **

* 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 Jan 2025

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, TX2,872 BBLs10,187 MCFJan 2025
Billings UnitMidland County, TX13,557 BBLs108,361 MCFJan 2025
Blackfoot EastMidland County, TX50,209 BBLs162,905 MCFJan 2025
Blackfoot West UnitMidland County, TX11,957 BBLs99,179 MCFJan 2025
Bozeman UnitMidland County, TX13,100 BBLs87,428 MCFJan 2025
ChapsMidland County, TX0 BBLs0 MCFFeb 2023
D EvansMidland County, TX2,337 BBLs16,020 MCFJan 2025
Diamond Rio 9Midland County, TX57,693 BBLs249,997 MCFJan 2025
Estes Button 7Midland County, TX1,045 BBLs5,287 MCFJan 2025
MaskMidland County, TX540 BBLs1,784 MCFJan 2025
Mask HZ UnitMidland County, TX14,514 BBLs39,299 MCFJan 2025
MB 10HMidland County, TX8,782 BBLs15,586 MCFFeb 2025
MB 8HMidland County, TX7,355 BBLs9,571 MCFFeb 2025
MB 9HMidland County, TX8,782 BBLs16,483 MCFFeb 2025
Missoula UnitMidland County, TX17,869 BBLs117,597 MCFJan 2025
Moss Partnership '9'Midland County, TX0 BBLs0 MCFAug 2024
RobbieMidland County, TX1,738 BBLs5,413 MCFJan 2025
StephensMidland County, TX95,521 BBLs272,454 MCFJan 2025
Western T 8Midland County, TX1,263 BBLs0 MCFJan 2025
Whitefish UnitMidland County, TX10,903 BBLs53,426 MCFJan 2025

Frac'ing activity on Butte Unit

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-329-40716Butte Unit 804LS
42-329-40717Butte Unit 804WA
42-329-41765BUTTE UNIT 815MS
42-329-41766BUTTE UNIT 805WB

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