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 - Aug 2024
Total Oil Production292,592 BBLs
Total Gas Production691,367 MCF
Recent Oil Production1,320 BBLs in Jul 2024
Recent Gas Production4,093 MCF in Jul 2024
Wells on Property4

Our Valuation Estimates for Estes Button 7

ShaleAssessment

$40,292 *

MarketMultiple

$204,975 **

* 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 Aug 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, 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
Butte UnitMidland County, TX10,524 BBLs93,253 MCFAug 2024
ChapsMidland County, TX0 BBLs0 MCFFeb 2023
D EvansMidland County, TX2,695 BBLs12,574 MCFAug 2024
Damron 42Midland County, TX0 BBLs0 MCFDec 2021
Diamond Rio 9Midland County, TX61,095 BBLs256,489 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
StephensMidland County, TX168,735 BBLs376,089 MCFAug 2024
Walnut-Barron 11Midland County, TX69,882 BBLs90,036 MCFAug 2024
Western T 8Midland County, TX950 BBLs2,311 MCFAug 2024
Whitefish UnitMidland County, TX11,389 BBLs35,218 MCFAug 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"Aug 2024PLAINS MARKETING, L.P.PETROPLEX ENERGY, INC.
08-38822ESTES, BUTTON "7"Aug 2024PLAINS MARKETING, 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.
08-42620ESTES, BUTTON "7-8" UNITJun 2024WTG GAS PROCESSING, L.P.PETROPLEX ENERGY, INC.
08-42620ESTES, BUTTON "7-8" UNITJun 2024PLAINS MARKETING, L.P.PETROPLEX ENERGY, INC.
08-36311ESTES, BUTTON "7"May 2024WTG GAS PROCESSING, L.P.PETROPLEX ENERGY, INC.
08-36311ESTES, BUTTON "7"May 2024PLAINS MARKETING, L.P.PETROPLEX ENERGY, INC.
08-38822ESTES, BUTTON "7"May 2024WTG GAS PROCESSING, L.P.PETROPLEX ENERGY, INC.
08-38822ESTES, BUTTON "7"May 2024PLAINS MARKETING, L.P.PETROPLEX ENERGY, INC.
08-42620ESTES, BUTTON "7-8" UNITMay 2024WTG GAS PROCESSING, L.P.PETROPLEX ENERGY, INC.
08-42620ESTES, BUTTON "7-8" UNITMay 2024PLAINS MARKETING, L.P.PETROPLEX ENERGY, INC.
08-36311ESTES, BUTTON "7"Apr 2024WTG GAS PROCESSING, L.P.PETROPLEX ENERGY, INC.
08-36311ESTES, BUTTON "7"Apr 2024PLAINS MARKETING, L.P.PETROPLEX ENERGY, INC.
08-38822ESTES, BUTTON "7"Apr 2024WTG GAS PROCESSING, L.P.PETROPLEX ENERGY, INC.
08-38822ESTES, BUTTON "7"Apr 2024PLAINS MARKETING, L.P.PETROPLEX ENERGY, INC.