Butte Unit

Oil & Gas Property in Midland County, TX

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

Map of Wells Full Screen Map 3-D Map

Property Summary

Key data points for Butte Unit

CountyMidland County, TX
OperatorDIAMONDBACK E&P LLC
Production DatesDec 2016 - Aug 2024
Total Oil Production2,675,868 BBLs
Total Gas Production4,946,316 MCF
Recent Oil Production10,524 BBLs in Jul 2024
Recent Gas Production93,253 MCF in Jul 2024
Wells on Property6

Our Valuation Estimates for Butte Unit

ShaleAssessment™

$125,114 *

MarketMultiple™

$1,725,152 **

* 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 Aug 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, TX4,352 BBLs713 MCFAug 2024
Billings UnitMidland County, TX14,965 BBLs68,297 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
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
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 8HMidland County, TX16,134 BBLs23,965 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 Butte 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
Flying W Resources, 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.
Rust Oil Corp.
Vector Oil & Gas LP
XTO Energy Inc.

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 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
08-49336BUTTE UNITApr 2024DIAMONDBACK E&P LLC
08-49336BUTTE UNITApr 2024BRAZOS MIDSTREAM OPERATING, LLCDIAMONDBACK E&P LLC
08-49336BUTTE UNITApr 2024DIAMONDBACK E&P LLCDIAMONDBACK E&P LLC
08-49336BUTTE UNITApr 2024ENLINK GAS MARKETING, LPDIAMONDBACK E&P LLC
08-49336BUTTE UNITMar 2024VITOL INC.DIAMONDBACK E&P LLC
08-49336BUTTE UNITMar 2024DIAMONDBACK E&P LLC
08-49336BUTTE UNITMar 2024BRAZOS MIDSTREAM OPERATING, LLCDIAMONDBACK E&P LLC
08-49336BUTTE UNITMar 2024DIAMONDBACK E&P LLCDIAMONDBACK E&P LLC
08-49336BUTTE UNITMar 2024ENLINK GAS MARKETING, LPDIAMONDBACK E&P LLC
08-49336BUTTE UNITFeb 2024VITOL INC.DIAMONDBACK E&P LLC
08-49336BUTTE UNITFeb 2024DIAMONDBACK E&P LLC
08-49336BUTTE UNITFeb 2024BRAZOS MIDSTREAM OPERATING, LLCDIAMONDBACK E&P LLC