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 - Mar 2026
Total Oil Production2,789,517 BBLs
Total Gas Production6,300,573 MCF
Recent Oil Production4,862 BBLs in Feb 2026
Recent Gas Production57,056 MCF in Feb 2026
Wells on Property6

Our Valuation Estimates for Butte Unit

ShaleAssessment™

$85,529 *

MarketMultiple™

$882,113 **

* 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 Mar 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, TX1,726 BBLs10,665 MCFMar 2026
BarronMidland County, TX111 BBLs149 MCFMar 2026
Billings UnitMidland County, TX7,831 BBLs75,416 MCFMar 2026
Blackfoot EastMidland County, TX31,129 BBLs147,326 MCFMar 2026
Blackfoot West UnitMidland County, TX8,502 BBLs102,757 MCFMar 2026
Bozeman UnitMidland County, TX6,802 BBLs65,209 MCFMar 2026
ChapsMidland County, TX0 BBLs0 MCFFeb 2023
D EvansMidland County, TX1,664 BBLs15,554 MCFMar 2026
Damron 42Midland County, TX0 BBLs0 MCFDec 2021
Diamond Rio 9Midland County, TX25,511 BBLs132,578 MCFMar 2026
Estes Button 7Midland County, TX607 BBLs580 MCFMar 2026
MaskMidland County, TX37 BBLs199 MCFMar 2026
Mask HZ UnitMidland County, TX0 BBLs0 MCFMar 2026
Missoula UnitMidland County, TX12,244 BBLs89,407 MCFMar 2026
Moss Partnership '9'Midland County, TX0 BBLs0 MCFAug 2024
RobbieMidland County, TX1,632 BBLs4,714 MCFMar 2026
ScharbauerMidland County, TX729 BBLs3,386 MCFMar 2026
StephensMidland County, TX420,735 BBLs498,926 MCFMar 2026
Western T 8Midland County, TX844 BBLs0 MCFMar 2026
Whitefish UnitMidland County, TX8,249 BBLs45,632 MCFMar 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
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.
Stephens, Autry C.
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 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 2026ENLINK GAS MARKETING, LPDIAMONDBACK E&P LLC
08-49336BUTTE UNITJan 2026TRAFIGURA TRADING LLCDIAMONDBACK E&P LLC
08-49336BUTTE UNITJan 2026ET GATHERING & PROCESSING LLCDIAMONDBACK E&P LLC
08-49336BUTTE UNITJan 2026BRAZOS MIDSTREAM OPERATING, LLCDIAMONDBACK E&P LLC
08-49336BUTTE UNITJan 2026DIAMONDBACK E&P LLCDIAMONDBACK E&P LLC
08-49336BUTTE UNITJan 2026ENLINK GAS MARKETING, LPDIAMONDBACK E&P LLC
08-49336BUTTE UNITDec 2025TRAFIGURA TRADING LLCDIAMONDBACK E&P LLC
08-49336BUTTE UNITDec 2025ET GATHERING & PROCESSING LLCDIAMONDBACK E&P LLC
08-49336BUTTE UNITDec 2025BRAZOS MIDSTREAM OPERATING, LLCDIAMONDBACK E&P LLC
08-49336BUTTE UNITDec 2025DIAMONDBACK E&P LLCDIAMONDBACK E&P LLC
08-49336BUTTE UNITDec 2025ENLINK GAS MARKETING, LPDIAMONDBACK E&P LLC
08-49336BUTTE UNITNov 2025TRAFIGURA TRADING LLCDIAMONDBACK E&P LLC
08-49336BUTTE UNITNov 2025ET GATHERING & PROCESSING LLCDIAMONDBACK E&P LLC
08-49336BUTTE UNITNov 2025BRAZOS MIDSTREAM OPERATING, LLCDIAMONDBACK E&P LLC
08-49336BUTTE UNITNov 2025DIAMONDBACK E&P LLCDIAMONDBACK E&P LLC
08-49336BUTTE UNITNov 2025ENLINK GAS MARKETING, LPDIAMONDBACK E&P LLC
08-49336BUTTE UNITOct 2025VITOL INC.DIAMONDBACK E&P LLC
08-49336BUTTE UNITOct 2025ET GATHERING & PROCESSING LLCDIAMONDBACK E&P LLC
08-49336BUTTE UNITOct 2025BRAZOS MIDSTREAM OPERATING, LLCDIAMONDBACK E&P LLC
08-49336BUTTE UNITOct 2025DIAMONDBACK E&P LLCDIAMONDBACK E&P LLC
08-49336BUTTE UNITOct 2025ENLINK GAS MARKETING, LPDIAMONDBACK E&P LLC