Estes Button 7

Oil & Gas Property in Midland County, TX

Property Summary

Key data points for Estes Button 7

CountyMidland County, TX
OperatorPETROPLEX ENERGY INC.
Production DatesSep 2003 - Oct 2024
Total Oil Production294,366 BBLs
Total Gas Production698,306 MCF
Recent Oil Production1,136 BBLs in Sep 2024
Recent Gas Production4,292 MCF in Sep 2024
Wells on Property4

Our Valuation Estimates for Estes Button 7

ShaleAssessment

$39,203 *

MarketMultiple

$189,632 **

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

Based on a decimal interest

Estes Button 7 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Estes Button 7
from Sep 2003 to Oct 2024

Wells on Estes Button 7

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-329-31556ESTES BUTTON 7 1PETROPLEX ENERGY INC.ProducingMidland County, TX32.067499-102.162510
42-329-35205ESTES BUTTON 7 3PETROPLEX ENERGY INC.ProducingMidland County, TX32.067783-102.169429
42-329-36355ESTES, BUTTON "7" 2PETROPLEX ENERGY INC.Permitted LocationMidland County, TX32.064409-102.173379
42-329-37587ESTES BUTTON 7-8 UNIT 4PETROPLEX ENERGY INC.ProducingMidland County, TX32.069533-102.160298

Leases included in Estes Button 7

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-36311ESTES, BUTTON "7"PETROPLEX ENERGY INC.Midland County, TX
08-38822ESTES, BUTTON "7"PETROPLEX ENERGY INC.Midland County, TX
08-42620ESTES, BUTTON "7-8" UNITPETROPLEX ENERGY INC.Midland County, TX

Nearby Properties

These are the closest 20 properties to the Estes Button 7 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
AldridgeMidland County, TX3,524 BBLs8,578 MCFOct 2024
Billings UnitMidland County, TX13,702 BBLs86,787 MCFOct 2024
Blackfoot EastMidland County, TX52,829 BBLs127,125 MCFOct 2024
Blackfoot West UnitMidland County, TX11,129 BBLs102,551 MCFOct 2024
Bozeman UnitMidland County, TX13,372 BBLs109,692 MCFOct 2024
Butte UnitMidland County, TX8,768 BBLs89,158 MCFOct 2024
ChapsMidland County, TX0 BBLs0 MCFFeb 2023
D EvansMidland County, TX1,704 BBLs9,009 MCFOct 2024
Damron 42Midland County, TX0 BBLs0 MCFDec 2021
Diamond Rio 9Midland County, TX63,776 BBLs252,898 MCFOct 2024
MB 10HMidland County, TX11,614 BBLs13,708 MCFOct 2024
MB 11HMidland County, TX15,070 BBLs20,670 MCFOct 2024
MB 12HMidland County, TX29,946 BBLs23,497 MCFOct 2024
MB 8HMidland County, TX13,638 BBLs31,316 MCFOct 2024
MB 9HMidland County, TX14,948 BBLs15,854 MCFOct 2024
Missoula UnitMidland County, TX20,855 BBLs121,101 MCFOct 2024
StephensMidland County, TX128,355 BBLs321,267 MCFOct 2024
Walnut-Barron 11Midland County, TX64,969 BBLs80,720 MCFOct 2024
Western T 8Midland County, TX1,104 BBLs3,096 MCFOct 2024
Whitefish UnitMidland County, TX12,220 BBLs40,029 MCFOct 2024

Owners of Estes Button 7

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024PETROPLEX ENERGY INCESTES BUTTON "7"PETROPLEX ENERGY
2024PETROPLEX ENERGY INCESTES BUTTON "7"PETROPLEX ENERGY
2024PETROPLEX ENERGY INCBUTTON ESTES 7-8PETROPLEX ENERGY
2024BUTTON ESTES RANCH LTDESTES BUTTON "7"PETROPLEX ENERGY
2024BUTTON ESTES RANCH LTDESTES BUTTON "7"PETROPLEX ENERGY
2024OCCIDENTAL PERMIAN LTD -RI/OR-ESTES BUTTON "7"PETROPLEX ENERGY
2024OCCIDENTAL PERMIAN LTD -RI/OR-ESTES BUTTON "7"PETROPLEX ENERGY
2024JEFFREY R D IRREV DES B TR2015ESTES BUTTON "7"PETROPLEX ENERGY
Displaying 8 of 92 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Estes Button 7

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-36311ESTES, BUTTON "7"Oct 2024PLAINS MARKETING, L.P.PETROPLEX ENERGY, INC.
08-38822ESTES, BUTTON "7"Oct 2024PLAINS MARKETING, L.P.PETROPLEX ENERGY, INC.
08-42620ESTES, BUTTON "7-8" UNITOct 2024PLAINS MARKETING, L.P.PETROPLEX ENERGY, INC.
08-36311ESTES, BUTTON "7"Sep 2024WTG GAS PROCESSING, L.P.PETROPLEX ENERGY, INC.
08-36311ESTES, BUTTON "7"Sep 2024PLAINS MARKETING, L.P.PETROPLEX ENERGY, INC.
08-38822ESTES, BUTTON "7"Sep 2024WTG GAS PROCESSING, L.P.PETROPLEX ENERGY, INC.
08-38822ESTES, BUTTON "7"Sep 2024PLAINS MARKETING, L.P.PETROPLEX ENERGY, INC.
08-42620ESTES, BUTTON "7-8" UNITSep 2024WTG GAS PROCESSING, L.P.PETROPLEX ENERGY, INC.
08-42620ESTES, BUTTON "7-8" UNITSep 2024PLAINS MARKETING, L.P.PETROPLEX ENERGY, INC.
08-36311ESTES, BUTTON "7"Aug 2024WTG GAS PROCESSING, L.P.PETROPLEX ENERGY, INC.
08-36311ESTES, BUTTON "7"Aug 2024PLAINS MARKETING, L.P.PETROPLEX ENERGY, INC.
08-38822ESTES, BUTTON "7"Aug 2024WTG GAS PROCESSING, L.P.PETROPLEX ENERGY, INC.
08-38822ESTES, BUTTON "7"Aug 2024PLAINS MARKETING, L.P.PETROPLEX ENERGY, INC.
08-42620ESTES, BUTTON "7-8" UNITAug 2024WTG GAS PROCESSING, L.P.PETROPLEX ENERGY, INC.
08-42620ESTES, BUTTON "7-8" UNITAug 2024PLAINS MARKETING, L.P.PETROPLEX ENERGY, INC.
08-36311ESTES, BUTTON "7"Jul 2024WTG GAS PROCESSING, L.P.PETROPLEX ENERGY, INC.
08-36311ESTES, BUTTON "7"Jul 2024PLAINS MARKETING, L.P.PETROPLEX ENERGY, INC.
08-38822ESTES, BUTTON "7"Jul 2024WTG GAS PROCESSING, L.P.PETROPLEX ENERGY, INC.
08-38822ESTES, BUTTON "7"Jul 2024PLAINS MARKETING, L.P.PETROPLEX ENERGY, INC.
08-42620ESTES, BUTTON "7-8" UNITJul 2024WTG GAS PROCESSING, L.P.PETROPLEX ENERGY, INC.
08-42620ESTES, BUTTON "7-8" UNITJul 2024PLAINS MARKETING, L.P.PETROPLEX ENERGY, INC.
08-36311ESTES, BUTTON "7"Jun 2024WTG GAS PROCESSING, L.P.PETROPLEX ENERGY, INC.
08-36311ESTES, BUTTON "7"Jun 2024PLAINS MARKETING, L.P.PETROPLEX ENERGY, INC.
08-38822ESTES, BUTTON "7"Jun 2024WTG GAS PROCESSING, L.P.PETROPLEX ENERGY, INC.
08-38822ESTES, BUTTON "7"Jun 2024PLAINS MARKETING, L.P.PETROPLEX ENERGY, INC.