Butte Unit

Oil & Gas Property in Midland County, TX

Property Summary

Key data points for Butte Unit

CountyMidland County, TX
OperatorDIAMONDBACK E&P LLC
Production DatesDec 2016 - Jun 2025
Total Oil Production2,744,199 BBLs
Total Gas Production5,752,470 MCF
Recent Oil Production4,476 BBLs in May 2025
Recent Gas Production71,172 MCF in May 2025
Wells on Property6

Our Valuation Estimates for Butte Unit

ShaleAssessment

$102,720 *

MarketMultiple

$1,183,628 **

* 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 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 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, TX194 BBLs597 MCFJun 2025
BarronMidland County, TX0 BBLs0 MCFJun 2025
Billings UnitMidland County, TX10,524 BBLs91,375 MCFJun 2025
Blackfoot EastMidland County, TX39,397 BBLs142,235 MCFJun 2025
Blackfoot West UnitMidland County, TX9,729 BBLs114,989 MCFJun 2025
Bozeman UnitMidland County, TX8,704 BBLs85,183 MCFJun 2025
ChapsMidland County, TX0 BBLs0 MCFFeb 2023
D EvansMidland County, TX1,966 BBLs19,166 MCFJun 2025
Damron 42Midland County, TX0 BBLs0 MCFDec 2021
Diamond Rio 9Midland County, TX50,033 BBLs213,971 MCFJun 2025
Estes Button 7Midland County, TX871 BBLs1,494 MCFJun 2025
MaskMidland County, TX539 BBLs1,881 MCFJun 2025
Mask HZ UnitMidland County, TX17,569 BBLs33,753 MCFJun 2025
Missoula UnitMidland County, TX12,448 BBLs104,358 MCFJun 2025
Moss Partnership '9'Midland County, TX0 BBLs0 MCFAug 2024
RobbieMidland County, TX1,451 BBLs4,702 MCFJun 2025
ScharbauerMidland County, TX1,163 BBLs5,035 MCFJun 2025
StephensMidland County, TX74,381 BBLs245,442 MCFJun 2025
Western T 8Midland County, TX792 BBLs0 MCFJun 2025
Whitefish UnitMidland County, TX2,563 BBLs15,885 MCFJun 2025

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

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