Oil & Gas Property in Midland County, TX
Key data points for Butte Unit
| County | Midland County, TX |
|---|---|
| Operator | DIAMONDBACK E&P LLC |
| Production Dates | Dec 2016 - Oct 2024 |
| Total Oil Production | 2,693,802 BBLs |
| Total Gas Production | 5,131,053 MCF |
| Recent Oil Production | 8,768 BBLs in Sep 2024 |
| Recent Gas Production | 89,158 MCF in Sep 2024 |
| Wells on Property | 6 |
Our Valuation Estimates for Butte Unit
ShaleAssessment™
$119,679 *
MarketMultiple™
$1,555,614 **
* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue
Based on a decimal interest
These are the closest 20 properties to the Butte Unit property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Aldridge | Midland County, TX | 3,524 BBLs | 8,578 MCF | Oct 2024 |
| Billings Unit | Midland County, TX | 13,702 BBLs | 86,787 MCF | Oct 2024 |
| Blackfoot East | Midland County, TX | 52,829 BBLs | 127,125 MCF | Oct 2024 |
| Blackfoot West Unit | Midland County, TX | 11,129 BBLs | 102,551 MCF | Oct 2024 |
| Bozeman Unit | Midland County, TX | 13,372 BBLs | 109,692 MCF | Oct 2024 |
| Chaps | Midland County, TX | 0 BBLs | 0 MCF | Feb 2023 |
| D Evans | Midland County, TX | 1,704 BBLs | 9,009 MCF | Oct 2024 |
| Diamond Rio 9 | Midland County, TX | 63,776 BBLs | 252,898 MCF | Oct 2024 |
| Estes Button 7 | Midland County, TX | 1,136 BBLs | 4,292 MCF | Oct 2024 |
| Mask HZ Unit | Midland County, TX | 18,209 BBLs | 30,327 MCF | Oct 2024 |
| MB 10H | Midland County, TX | 11,614 BBLs | 13,708 MCF | Oct 2024 |
| MB 11H | Midland County, TX | 15,070 BBLs | 20,670 MCF | Oct 2024 |
| MB 12H | Midland County, TX | 29,946 BBLs | 23,497 MCF | Oct 2024 |
| MB 8H | Midland County, TX | 13,638 BBLs | 31,316 MCF | Oct 2024 |
| MB 9H | Midland County, TX | 14,948 BBLs | 15,854 MCF | Oct 2024 |
| Missoula Unit | Midland County, TX | 20,855 BBLs | 121,101 MCF | Oct 2024 |
| Moss Partnership '9' | Midland County, TX | 0 BBLs | 0 MCF | Aug 2024 |
| Stephens | Midland County, TX | 128,355 BBLs | 321,267 MCF | Oct 2024 |
| Western T 8 | Midland County, TX | 1,104 BBLs | 3,096 MCF | Oct 2024 |
| Whitefish Unit | Midland County, TX | 12,220 BBLs | 40,029 MCF | Oct 2024 |
These are the closest 20 companies operating near the Butte Unit property.