Butte Unit

Oil & Gas Property in Midland County, TX

  2. Texas
  3. Midland County, TX
  4. Oil & Gas Properties in Midland County, TX
  5. Butte Unit Oil & Gas Property

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Property Summary

Key data points for Butte Unit

CountyMidland County, TX
OperatorDIAMONDBACK E&P LLC
Production DatesDec 2016 - Jun 2026
Total Oil Production2,800,528 BBLs
Total Gas Production6,462,941 MCF
Recent Oil Production3,943 BBLs in May 2026
Recent Gas Production59,020 MCF in May 2026
Wells on Property6

Our Valuation Estimates for Butte Unit

ShaleAssessment™

$81,004 *

MarketMultiple™

$850,496 **

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

Based on a decimal interest

Butte Unit Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Butte Unit
from Dec 2016 to Jun 2026

Wells on Butte Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-329-40716BUTTE UNIT 804LSDIAMONDBACK E&P LLCShut InMidland County, TX32.060771-102.146640
42-329-40717BUTTE UNIT 804WADIAMONDBACK E&P LLCProducingMidland County, TX32.060793-102.146546
42-329-40718BUTTE UNIT R804LSDIAMONDBACK E&P LLCProducingMidland County, TX32.060815-102.146454
42-329-41765BUTTE UNIT 815MSDIAMONDBACK E&P LLCProducingMidland County, TX32.060527-102.147693
42-329-41766BUTTE UNIT 805WBDIAMONDBACK E&P LLCProducingMidland County, TX32.060548-102.147600
42-329-42520BUTTE UNIT 804WBDIAMONDBACK E&P LLCProducingMidland County, TX32.060291-102.148698

Leases included in Butte Unit

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-49336BUTTE UNITDIAMONDBACK E&P LLCMidland County, TX

Nearby Properties

These are the closest 20 properties to the Butte Unit property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
AldridgeMidland County, TX5,751 BBLs15,236 MCFJun 2026
BarronMidland County, TX0 BBLs0 MCFMar 2026
Billings UnitMidland County, TX5,773 BBLs57,137 MCFJun 2026
Blackfoot EastMidland County, TX29,175 BBLs154,252 MCFJun 2026
Blackfoot West UnitMidland County, TX8,137 BBLs107,890 MCFJun 2026
Bozeman UnitMidland County, TX7,453 BBLs75,824 MCFJun 2026
ChapsMidland County, TX0 BBLs0 MCFFeb 2023
D EvansMidland County, TX1,038 BBLs10,854 MCFJun 2026
Diamond Rio 9Midland County, TX38,318 BBLs196,809 MCFJun 2026
Estes Button 7Midland County, TX649 BBLs2,173 MCFJun 2026
MaskMidland County, TX350 BBLs609 MCFJun 2026
Mask HZ UnitMidland County, TX7,599 BBLs8,867 MCFJun 2026
Mbe 803HMidland County, TX5,283 BBLs46,055 MCFJun 2026
Missoula UnitMidland County, TX13,664 BBLs92,797 MCFJun 2026
Moss Partnership '9'Midland County, TX0 BBLs0 MCFAug 2024
RobbieMidland County, TX2,746 BBLs6,257 MCFJun 2026
ScharbauerMidland County, TX634 BBLs3,293 MCFJun 2026
StephensMidland County, TX227,535 BBLs542,608 MCFJun 2026
Western T 8Midland County, TX643 BBLs0 MCFJun 2026
Whitefish UnitMidland County, TX7,892 BBLs40,879 MCFJun 2026

Companies in the Area

These are the closest 20 companies operating near the Butte Unit property.

Company Name
Barron Operating LLC
Bluestem Energy Holdings, LLC
COG Operating LLC
Diamondback E&P LLC
Endeavor Energy Resources, LP
Fasken Oil And Ranch, LTD.
Firebird Energy II LLC
Henry Resources LLC
Heritage Resources, Inc.
High Sky Partners LLC
Linn Operating, Inc.
Oxy USA Inc
Parsley Energy Operations, LLC
Petroplex Energy Inc.
Pioneer Natural Res. USA, Inc.
R K Petroleum Corp.
Rust Oil Corp.
Stephens, Autry C.
Vector Oil & Gas LP
XTO Energy Inc.

Frac'ing activity on Butte Unit

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-329-40716Butte Unit 804LS
42-329-40717Butte Unit 804WA
42-329-41765BUTTE UNIT 815MS
42-329-41766BUTTE UNIT 805WB
42-329-42520BUTTE UNIT 804WB

Owners of Butte Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2026DIAMONDBACK E&P LLC WIBUTTE UNITDIAMONDBACK E&P LLC
2026VIPER ENERGY PARTNERS LLCBUTTE UNITDIAMONDBACK E&P LLC
2026ANGUISH PARTNERSHIPBUTTE UNITDIAMONDBACK E&P LLC
2026EVANS RESOURCES INCBUTTE UNITDIAMONDBACK E&P LLC
2026D&J ANGUISH PROPERTIES LTDBUTTE UNITDIAMONDBACK E&P LLC
2026STONE LIQUIDATING LLCBUTTE UNITDIAMONDBACK E&P LLC
2026SITIO PERMIAN LLCBUTTE UNITDIAMONDBACK E&P LLC
2026GRAYROCK MINERALS LLCBUTTE UNITDIAMONDBACK E&P LLC
Displaying 8 of 105 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Butte Unit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-49336BUTTE UNITJun 2026TRAFIGURA TRADING LLCDIAMONDBACK E&P LLC
08-49336BUTTE UNITJun 2026ET GATHERING & PROCESSING LLCDIAMONDBACK E&P LLC
08-49336BUTTE UNITJun 2026BRAZOS MIDSTREAM OPERATING, LLCDIAMONDBACK E&P LLC
08-49336BUTTE UNITJun 2026DIAMONDBACK E&P LLCDIAMONDBACK E&P LLC
08-49336BUTTE UNITJun 2026ONEOK GAS MARKETING, L.P.DIAMONDBACK E&P LLC
08-49336BUTTE UNITMay 2026TRAFIGURA TRADING LLCDIAMONDBACK E&P LLC
08-49336BUTTE UNITMay 2026ET GATHERING & PROCESSING LLCDIAMONDBACK E&P LLC
08-49336BUTTE UNITMay 2026BRAZOS MIDSTREAM OPERATING, LLCDIAMONDBACK E&P LLC
08-49336BUTTE UNITMay 2026DIAMONDBACK E&P LLCDIAMONDBACK E&P LLC
08-49336BUTTE UNITMay 2026ONEOK GAS MARKETING, L.P.DIAMONDBACK E&P LLC
08-49336BUTTE UNITApr 2026TRAFIGURA TRADING LLCDIAMONDBACK E&P LLC
08-49336BUTTE UNITApr 2026ET GATHERING & PROCESSING LLCDIAMONDBACK E&P LLC
08-49336BUTTE UNITApr 2026BRAZOS MIDSTREAM OPERATING, LLCDIAMONDBACK E&P LLC
08-49336BUTTE UNITApr 2026DIAMONDBACK E&P LLCDIAMONDBACK E&P LLC
08-49336BUTTE UNITApr 2026ONEOK GAS MARKETING, L.P.DIAMONDBACK E&P LLC
08-49336BUTTE UNITMar 2026TRAFIGURA TRADING LLCDIAMONDBACK E&P LLC
08-49336BUTTE UNITMar 2026ET GATHERING & PROCESSING LLCDIAMONDBACK E&P LLC
08-49336BUTTE UNITMar 2026BRAZOS MIDSTREAM OPERATING, LLCDIAMONDBACK E&P LLC
08-49336BUTTE UNITMar 2026DIAMONDBACK E&P LLCDIAMONDBACK E&P LLC
08-49336BUTTE UNITMar 2026ONEOK GAS MARKETING, L.P.DIAMONDBACK E&P LLC
08-49336BUTTE UNITFeb 2026TRAFIGURA TRADING LLCDIAMONDBACK E&P LLC
08-49336BUTTE UNITFeb 2026ET GATHERING & PROCESSING LLCDIAMONDBACK E&P LLC
08-49336BUTTE UNITFeb 2026BRAZOS MIDSTREAM OPERATING, LLCDIAMONDBACK E&P LLC
08-49336BUTTE UNITFeb 2026DIAMONDBACK E&P LLCDIAMONDBACK E&P LLC
08-49336BUTTE UNITFeb 2026ONEOK GAS MARKETING, L.P.DIAMONDBACK E&P LLC