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 - Jun 2026
Total Oil Production647,632 BBLs
Total Gas Production584,052 MCF
Recent Oil Production1,293 BBLs in Jun 2026
Recent Gas Production1,947 MCF in Jun 2026
Wells on Property5

Our Valuation Estimates for Butter Cup 3

ShaleAssessment™

$87,402 *

MarketMultiple™

$203,433 **

* 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 Jun 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, NM2,607 BBLs1,822 MCFJun 2026
Airstrip 31Lea County, NM7,719 BBLs6,214 MCFJun 2026
Airstrip 6 State Com 00Lea County, NM2,136 BBLs1,113 MCFJun 2026
Bobwhite 11 StateLea County, NM0 BBLs0 MCFApr 2018
Caprock 27 StateLea County, NM239 BBLs12 MCFJun 2026
Condor StateLea County, NM321 BBLs944 MCFJun 2026
Gold State ComLea County, NM8,369 BBLs15,523 MCFJun 2026
King Cobra 2 StateLea County, NM2,105 BBLs2,544 MCFJun 2026
Kingfisher State ComLea County, NM488 BBLs184 MCFJun 2026
Lea Yh StateLea County, NM0 BBLs0 MCFNov 2022
Magpie StateLea County, NM0 BBLs0 MCFSep 2024
Merit 6 Eh State ComLea County, NM469 BBLs348 MCFJun 2026
Mongoose FeeLea County, NM482 BBLs228 MCFJun 2026
Playa 2 StateLea County, NM1,059 BBLs973 MCFJun 2026
Raptor West 3 StateLea County, NM2,066 BBLs1,632 MCFJun 2026
Satellite State ComLea County, NM54,644 BBLs64,538 MCFJun 2026
StateLea County, NM0 BBLs0 MCFFeb 1998
Tin Cup 36 State ComLea County, NM441 BBLs537 MCFJun 2026
Tres Primos 3 StateLea County, NM1,317 BBLs592 MCFJun 2026
Wild Cobra 1 StateLea County, NM1,286 BBLs1,332 MCFJun 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
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
Southland Royalty Company
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