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 - Sep 2025
Total Oil Production633,147 BBLs
Total Gas Production565,282 MCF
Recent Oil Production1,828 BBLs in Sep 2025
Recent Gas Production2,703 MCF in Sep 2025
Wells on Property5

Our Valuation Estimates for Butter Cup 3

ShaleAssessment™

$98,886 *

MarketMultiple™

$199,166 **

* 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 Sep 2025

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, NM3,061 BBLs2,651 MCFSep 2025
Airstrip 31Lea County, NM10,668 BBLs9,619 MCFSep 2025
Airstrip 6 State Com 00Lea County, NM2,882 BBLs1,001 MCFSep 2025
Bobwhite 11 StateLea County, NM0 BBLs0 MCFApr 2018
Caprock 27 StateLea County, NM28 BBLs0 MCFSep 2025
Condor StateLea County, NM776 BBLs2,333 MCFSep 2025
Gold State ComLea County, NM5,292 BBLs19,451 MCFSep 2025
King Cobra 2 StateLea County, NM1,602 BBLs1,917 MCFSep 2025
Kingfisher State ComLea County, NM664 BBLs281 MCFSep 2025
Lea Yh StateLea County, NM0 BBLs0 MCFNov 2022
Magpie StateLea County, NM0 BBLs0 MCFSep 2024
Merit 6 Eh State ComLea County, NM677 BBLs504 MCFSep 2025
Mongoose FeeLea County, NM596 BBLs668 MCFSep 2025
Playa 2 StateLea County, NM636 BBLs727 MCFSep 2025
Raptor West 3 StateLea County, NM1,644 BBLs2,239 MCFOct 2025
Satellite State ComLea County, NM93,685 BBLs116,745 MCFSep 2025
StateLea County, NM0 BBLs0 MCFFeb 1998
Tin Cup 36 State ComLea County, NM270 BBLs629 MCFSep 2025
Tres Primos 3 StateLea County, NM1,513 BBLs603 MCFSep 2025
Wild Cobra 1 StateLea County, NM1,431 BBLs1,287 MCFSep 2025

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