Butter Cup 3

Oil & Gas Property in Lea County, NM

  2. New Mexico
  3. Lea County, NM
  4. Oil & Gas Properties in Lea County, NM
  5. Butter Cup 3 Oil & Gas Property

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Property Summary

Key data points for Butter Cup 3

CountyLea County, NM
OperatorCOTERRA ENERGY OPERATING CO.
Production DatesApr 2013 - Mar 2026
Total Oil Production643,940 BBLs
Total Gas Production580,304 MCF
Recent Oil Production1,445 BBLs in Mar 2026
Recent Gas Production2,226 MCF in Mar 2026
Wells on Property5

Our Valuation Estimates for Butter Cup 3

ShaleAssessment™

$90,964 *

MarketMultiple™

$200,737 **

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

Based on a decimal interest

Butter Cup 3 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Butter Cup 3
from Apr 2013 to Mar 2026

Wells on Butter Cup 3

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-40634BUTTER CUP 35 STATE COM 001HCoterra Energy Operating Co.ActiveLea County, NM32.698551-103.523109
30-025-40640BUTTER CUP 36 STATE COM 001HCoterra Energy Operating Co.ActiveLea County, NM32.698414-103.523109
30-025-40641BUTTER CUP 36 STATE COM 002HCoterra Energy Operating Co.ActiveLea County, NM32.701439-103.523277
30-025-40642BUTTER CUP 35 STATE COM 002HCoterra Energy Operating Co.ActiveLea County, NM32.701302-103.523277
30-025-42367BUTTER CUP 36 STATE COM 003HCoterra Energy Operating Co.ActiveLea County, NM32.706390-103.523063

Leases included in Butter Cup 3

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
338175BUTTER CUP 35 STATE COMCoterra Energy Operating Co.Lea County, NM
338177BUTTER CUP 36 STATE COMCoterra Energy Operating Co.Lea County, NM

Nearby Properties

These are the closest 20 properties to the Butter Cup 3 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Aircobra 12 StateLea County, NM2,946 BBLs2,389 MCFMar 2026
Airstrip 31Lea County, NM8,913 BBLs8,908 MCFMar 2026
Airstrip 6 State Com 00Lea County, NM2,010 BBLs1,159 MCFMar 2026
Bobwhite 11 StateLea County, NM0 BBLs0 MCFApr 2018
Caprock 27 StateLea County, NM180 BBLs18 MCFApr 2026
Condor StateLea County, NM255 BBLs990 MCFMar 2026
Gold State ComLea County, NM9,298 BBLs19,442 MCFMar 2026
King Cobra 2 StateLea County, NM2,049 BBLs1,825 MCFMar 2026
Kingfisher State ComLea County, NM1,051 BBLs385 MCFMar 2026
Lea Yh StateLea County, NM0 BBLs0 MCFNov 2022
Magpie StateLea County, NM0 BBLs0 MCFSep 2024
Merit 6 Eh State ComLea County, NM579 BBLs423 MCFMar 2026
Mongoose FeeLea County, NM520 BBLs708 MCFMar 2026
Playa 2 StateLea County, NM1,797 BBLs1,544 MCFMar 2026
Raptor West 3 StateLea County, NM1,626 BBLs1,284 MCFApr 2026
Satellite State ComLea County, NM71,500 BBLs95,701 MCFMar 2026
StateLea County, NM0 BBLs0 MCFFeb 1998
Tin Cup 36 State ComLea County, NM396 BBLs597 MCFMar 2026
Tres Primos 3 StateLea County, NM1,179 BBLs539 MCFMar 2026
Wild Cobra 1 StateLea County, NM1,360 BBLs1,456 MCFMar 2026

Companies in the Area

These are the closest 20 companies operating near the Butter Cup 3 property.

Company Name
BC Operating, Inc.
Chevron USA Inc
COG Operating LLC
Coterra Energy Operating Co.
Devon Energy Production Company, L.P.
Elk Oil Company
G And C Operating, LLC
Harvey E Yates Company
Kevin O Butler & Assoc Inc
Linn Operating, LLC
Mack Energy Corporation
Marathon Oil Permian LLC
Matador Production Company
McElvain Energy Inc
Mewbourne Oil Company
O'Neil Properties LTD
Oleum Energy LLC
Pride Energy Company
Raybaw Operating, LLC
Sundown Energy LP

Frac'ing activity on Butter Cup 3

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
30-025-40634Butter Cup 35 State Com 1H
30-025-40640Butter Cup 36 State Com 1H
30-025-40641Butter Cup 36 State Com 2H
30-025-40642Butter Cup 35 State Com 2H
30-025-42367Butter Cup 36 State Com 3H