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 - Dec 2024
Total Oil Production296,786 BBLs
Total Gas Production709,245 MCF
Recent Oil Production999 BBLs in Nov 2024
Recent Gas Production3,882 MCF in Nov 2024
Wells on Property4

Our Valuation Estimates for Estes Button 7

ShaleAssessment

$38,085 *

MarketMultiple

$168,301 **

* 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 Dec 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, TX3,421 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
Butte UnitMidland County, TX8,194 BBLs89,783 MCFDec 2024
ChapsMidland County, TX0 BBLs0 MCFFeb 2023
D EvansMidland County, TX2,777 BBLs12,686 MCFDec 2024
Damron 42Midland County, TX0 BBLs0 MCFDec 2021
Diamond Rio 9Midland County, TX50,546 BBLs232,791 MCFDec 2024
MB 10HMidland County, TX9,330 BBLs15,196 MCFDec 2024
MB 11HMidland County, TX11,542 BBLs21,381 MCFDec 2024
MB 12HMidland County, TX41,540 BBLs66,348 MCFDec 2024
MB 8HMidland County, TX7,328 BBLs11,880 MCFDec 2024
MB 9HMidland County, TX11,933 BBLs16,452 MCFDec 2024
Missoula UnitMidland County, TX17,939 BBLs104,529 MCFDec 2024
StephensMidland County, TX104,254 BBLs296,658 MCFDec 2024
Walnut-Barron 11Midland County, TX54,603 BBLs71,376 MCFDec 2024
Western T 8Midland County, TX915 BBLs555 MCFNov 2024
Whitefish UnitMidland County, TX10,378 BBLs40,342 MCFDec 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.