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 - Oct 2025
Total Oil Production2,765,827 BBLs
Total Gas Production6,008,515 MCF
Recent Oil Production5,399 BBLs in Sep 2025
Recent Gas Production62,887 MCF in Sep 2025
Wells on Property6

Our Valuation Estimates for Butte Unit

ShaleAssessment™

$94,378 *

MarketMultiple™

$949,830 **

* 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 Oct 2025

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 LLCProducingMidland 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, TX3,265 BBLs13,780 MCFOct 2025
Billings UnitMidland County, TX6,705 BBLs66,477 MCFOct 2025
Blackfoot EastMidland County, TX32,345 BBLs134,113 MCFOct 2025
Blackfoot West UnitMidland County, TX9,436 BBLs104,462 MCFOct 2025
Bozeman UnitMidland County, TX7,620 BBLs78,940 MCFOct 2025
ChapsMidland County, TX0 BBLs0 MCFFeb 2023
D EvansMidland County, TX2,039 BBLs14,080 MCFOct 2025
Diamond Rio 9Midland County, TX47,356 BBLs206,682 MCFOct 2025
Estes Button 7Midland County, TX791 BBLs1,512 MCFOct 2025
Mask HZ UnitMidland County, TX7,688 BBLs45,566 MCFOct 2025
Mbe 101HMidland County, TX19,202 BBLs15,630 MCFOct 2025
Mbe 2Midland County, TX32,014 BBLs27,737 MCFOct 2025
Mbe 30Midland County, TX37,855 BBLs34,592 MCFOct 2025
Mbe 40Midland County, TX19,426 BBLs13,515 MCFOct 2025
Mbe 701HMidland County, TX15,406 BBLs24,705 MCFOct 2025
Missoula UnitMidland County, TX16,022 BBLs110,350 MCFOct 2025
Moss Partnership '9'Midland County, TX0 BBLs0 MCFAug 2024
StephensMidland County, TX59,018 BBLs268,409 MCFOct 2025
Western T 8Midland County, TX883 BBLs0 MCFOct 2025
Whitefish UnitMidland County, TX8,017 BBLs44,054 MCFOct 2025

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
Flying W Resources, 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.
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
2025DIAMONDBACK E&P LLC WIBUTTE UNITDIAMONDBACK E&P LLC
2025VIPER ENERGY PARTNERS LLCBUTTE UNITDIAMONDBACK E&P LLC
2025ANGUISH PARTNERSHIPBUTTE UNITDIAMONDBACK E&P LLC
2025EVANS RESOURCES INCBUTTE UNITDIAMONDBACK E&P LLC
2025D&J ANGUISH PROPERTIES LTDBUTTE UNITDIAMONDBACK E&P LLC
2025STONE LIQUIDATING LLCBUTTE UNITDIAMONDBACK E&P LLC
2025SITIO PERMIAN LLCBUTTE UNITDIAMONDBACK E&P LLC
2025GRAYROCK 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 UNITApr 2025VITOL INC.DIAMONDBACK E&P LLC
08-49336BUTTE UNITMar 2025VITOL INC.DIAMONDBACK E&P LLC
08-49336BUTTE UNITMar 2025ENERGY TRANSFER CRUDE MARKETING LLCDIAMONDBACK E&P LLC
08-49336BUTTE UNITMar 2025BRAZOS MIDSTREAM OPERATING, LLCDIAMONDBACK E&P LLC
08-49336BUTTE UNITMar 2025DIAMONDBACK E&P LLCDIAMONDBACK E&P LLC
08-49336BUTTE UNITMar 2025ENLINK GAS MARKETING, LPDIAMONDBACK E&P LLC
08-49336BUTTE UNITFeb 2025VITOL INC.DIAMONDBACK E&P LLC
08-49336BUTTE UNITFeb 2025ENERGY TRANSFER CRUDE MARKETING LLCDIAMONDBACK E&P LLC
08-49336BUTTE UNITFeb 2025BRAZOS MIDSTREAM OPERATING, LLCDIAMONDBACK E&P LLC
08-49336BUTTE UNITFeb 2025DIAMONDBACK E&P LLCDIAMONDBACK E&P LLC
08-49336BUTTE UNITFeb 2025ENLINK GAS MARKETING, LPDIAMONDBACK E&P LLC
08-49336BUTTE UNITJan 2025VITOL INC.DIAMONDBACK E&P LLC
08-49336BUTTE UNITJan 2025ENERGY TRANSFER CRUDE MARKETING LLCDIAMONDBACK E&P LLC
08-49336BUTTE UNITJan 2025DIAMONDBACK E&P LLCDIAMONDBACK E&P LLC
08-49336BUTTE UNITJan 2025ENLINK GAS MARKETING, LPDIAMONDBACK E&P LLC
08-49336BUTTE UNITDec 2024VITOL INC.DIAMONDBACK E&P LLC
08-49336BUTTE UNITDec 2024ENERGY TRANSFER CRUDE MARKETING LLCDIAMONDBACK E&P LLC
08-49336BUTTE UNITDec 2024DIAMONDBACK E&P LLCDIAMONDBACK E&P LLC
08-49336BUTTE UNITDec 2024ENLINK GAS MARKETING, LPDIAMONDBACK E&P LLC
08-49336BUTTE UNITNov 2024VITOL INC.DIAMONDBACK E&P LLC
08-49336BUTTE UNITNov 2024DIAMONDBACK E&P LLCDIAMONDBACK E&P LLC
08-49336BUTTE UNITNov 2024ENLINK GAS MARKETING, LPDIAMONDBACK E&P LLC
08-49336BUTTE UNITNov 2024WTG GAS PROCESSING, L.P.DIAMONDBACK E&P LLC
08-49336BUTTE UNITOct 2024VITOL INC.DIAMONDBACK E&P LLC
08-49336BUTTE UNITOct 2024DIAMONDBACK E&P LLCDIAMONDBACK E&P LLC