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 - Dec 2024
Total Oil Production2,709,480 BBLs
Total Gas Production5,304,209 MCF
Recent Oil Production8,194 BBLs in Nov 2024
Recent Gas Production89,783 MCF in Nov 2024
Wells on Property6

Our Valuation Estimates for Butte Unit

ShaleAssessment

$113,855 *

MarketMultiple

$1,477,301 **

* 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 Dec 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, TX3,421 BBLs9,878 MCFDec 2024
Billings UnitMidland County, TX13,576 BBLs111,469 MCFDec 2024
Blackfoot EastMidland County, TX50,689 BBLs147,572 MCFDec 2024
Blackfoot West UnitMidland County, TX10,240 BBLs94,527 MCFDec 2024
Bozeman UnitMidland County, TX13,197 BBLs100,105 MCFDec 2024
ChapsMidland County, TX0 BBLs0 MCFFeb 2023
D EvansMidland County, TX2,777 BBLs12,686 MCFDec 2024
Diamond Rio 9Midland County, TX50,546 BBLs232,791 MCFDec 2024
Estes Button 7Midland County, TX999 BBLs3,882 MCFDec 2024
Mask HZ UnitMidland County, TX12,695 BBLs38,337 MCFDec 2024
MB 10HMidland County, TX9,330 BBLs15,196 MCFJan 2025
MB 11HMidland County, TX11,542 BBLs21,381 MCFJan 2025
MB 12HMidland County, TX41,540 BBLs66,348 MCFJan 2025
MB 8HMidland County, TX7,328 BBLs11,880 MCFJan 2025
MB 9HMidland County, TX11,933 BBLs16,452 MCFJan 2025
Missoula UnitMidland County, TX17,939 BBLs104,529 MCFDec 2024
Moss Partnership '9'Midland County, TX0 BBLs0 MCFAug 2024
StephensMidland County, TX104,254 BBLs296,658 MCFDec 2024
Western T 8Midland County, TX915 BBLs555 MCFNov 2024
Whitefish UnitMidland County, TX10,378 BBLs40,342 MCFDec 2024

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