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 - Dec 2025
Total Oil Production639,245 BBLs
Total Gas Production572,568 MCF
Recent Oil Production2,140 BBLs in Dec 2025
Recent Gas Production2,677 MCF in Dec 2025
Wells on Property5

Our Valuation Estimates for Butter Cup 3

ShaleAssessment™

$94,455 *

MarketMultiple™

$189,569 **

* 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 Dec 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, NM1,962 BBLs1,019 MCFDec 2025
Airstrip 31Lea County, NM10,735 BBLs8,680 MCFDec 2025
Airstrip 6 State Com 00Lea County, NM2,498 BBLs1,176 MCFDec 2025
Bobwhite 11 StateLea County, NM0 BBLs0 MCFApr 2018
Caprock 27 StateLea County, NM271 BBLs96 MCFDec 2025
Condor StateLea County, NM681 BBLs2,049 MCFDec 2025
Gold State ComLea County, NM11,195 BBLs25,177 MCFDec 2025
King Cobra 2 StateLea County, NM1,717 BBLs1,807 MCFDec 2025
Kingfisher State ComLea County, NM618 BBLs235 MCFDec 2025
Lea Yh StateLea County, NM0 BBLs0 MCFNov 2022
Magpie StateLea County, NM0 BBLs0 MCFSep 2024
Merit 6 Eh State ComLea County, NM961 BBLs583 MCFDec 2025
Mongoose FeeLea County, NM545 BBLs781 MCFDec 2025
Playa 2 StateLea County, NM613 BBLs573 MCFDec 2025
Raptor West 3 StateLea County, NM776 BBLs1,389 MCFDec 2025
Satellite State ComLea County, NM94,966 BBLs120,359 MCFDec 2025
StateLea County, NM0 BBLs0 MCFFeb 1998
Tin Cup 36 State ComLea County, NM412 BBLs562 MCFDec 2025
Tres Primos 3 StateLea County, NM2,205 BBLs826 MCFDec 2025
Wild Cobra 1 StateLea County, NM1,857 BBLs1,421 MCFDec 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