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 - Apr 2025
Total Oil Production2,735,625 BBLs
Total Gas Production5,618,987 MCF
Recent Oil Production6,043 BBLs in Mar 2025
Recent Gas Production76,853 MCF in Mar 2025
Wells on Property6

Our Valuation Estimates for Butte Unit

ShaleAssessment

$106,587 *

MarketMultiple

$1,274,413 **

* 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 Apr 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, TX2,731 BBLs9,493 MCFApr 2025
BarronMidland County, TX368 BBLs1,542 MCFApr 2025
Billings UnitMidland County, TX9,199 BBLs72,971 MCFApr 2025
Blackfoot EastMidland County, TX44,859 BBLs161,360 MCFApr 2025
Blackfoot West UnitMidland County, TX10,712 BBLs105,869 MCFApr 2025
Bozeman UnitMidland County, TX9,404 BBLs101,345 MCFApr 2025
ChapsMidland County, TX0 BBLs0 MCFFeb 2023
D EvansMidland County, TX2,478 BBLs16,457 MCFApr 2025
Damron 42Midland County, TX0 BBLs0 MCFDec 2021
Diamond Rio 9Midland County, TX44,638 BBLs190,061 MCFApr 2025
Estes Button 7Midland County, TX921 BBLs2,201 MCFApr 2025
MaskMidland County, TX500 BBLs1,747 MCFApr 2025
Mask HZ UnitMidland County, TX14,061 BBLs34,786 MCFApr 2025
Missoula UnitMidland County, TX19,226 BBLs122,174 MCFApr 2025
Moss Partnership '9'Midland County, TX0 BBLs0 MCFAug 2024
RobbieMidland County, TX2,745 BBLs5,392 MCFApr 2025
ScharbauerMidland County, TX1,236 BBLs4,945 MCFApr 2025
StephensMidland County, TX83,866 BBLs276,230 MCFApr 2025
Western T 8Midland County, TX893 BBLs0 MCFApr 2025
Whitefish UnitMidland County, TX12,063 BBLs55,685 MCFApr 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
2024DIAMONDBACK E&P LLC WIBUTTE UNITDIAMONDBACK E&P LLC
2024VIPER ENERGY PARTNERS LLCBUTTE UNITDIAMONDBACK E&P LLC
2024ANGUISH PARTNERSHIPBUTTE UNITDIAMONDBACK E&P LLC
2024EVANS RESOURCES INCBUTTE UNITDIAMONDBACK E&P LLC
2024D&J ANGUISH PROPERTIES LTDBUTTE UNITDIAMONDBACK E&P LLC
2024STONE LIQUIDATING LLCBUTTE UNITDIAMONDBACK E&P LLC
2024GRAYROCK MINERALS LLCBUTTE UNITDIAMONDBACK E&P LLC
2024BRIGHAM MINERALS LLCBUTTE UNITDIAMONDBACK E&P LLC
Displaying 8 of 100 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