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 - Jan 2026
Total Oil Production2,779,883 BBLs
Total Gas Production6,190,432 MCF
Recent Oil Production4,855 BBLs in Dec 2025
Recent Gas Production59,194 MCF in Dec 2025
Wells on Property6

Our Valuation Estimates for Butte Unit

ShaleAssessment™

$88,393 *

MarketMultiple™

$810,049 **

* 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 Jan 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 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, TX3,349 BBLs18,133 MCFJan 2026
BarronMidland County, TX631 BBLs1,085 MCFJan 2026
Billings UnitMidland County, TX7,298 BBLs79,162 MCFJan 2026
Blackfoot EastMidland County, TX32,255 BBLs130,092 MCFJan 2026
Blackfoot West UnitMidland County, TX9,532 BBLs107,673 MCFJan 2026
Bozeman UnitMidland County, TX7,133 BBLs64,950 MCFJan 2026
ChapsMidland County, TX0 BBLs0 MCFFeb 2023
D EvansMidland County, TX2,028 BBLs18,046 MCFJan 2026
Damron 42Midland County, TX0 BBLs0 MCFDec 2021
Diamond Rio 9Midland County, TX44,015 BBLs238,101 MCFJan 2026
Estes Button 7Midland County, TX706 BBLs80 MCFJan 2026
MaskMidland County, TX407 BBLs1,866 MCFJan 2026
Mask HZ UnitMidland County, TX7,760 BBLs17,138 MCFJan 2026
Missoula UnitMidland County, TX11,345 BBLs71,480 MCFJan 2026
Moss Partnership '9'Midland County, TX0 BBLs0 MCFAug 2024
RobbieMidland County, TX2,022 BBLs5,222 MCFJan 2026
ScharbauerMidland County, TX948 BBLs3,893 MCFJan 2026
StephensMidland County, TX45,770 BBLs92,482 MCFJan 2026
Western T 8Midland County, TX674 BBLs0 MCFJan 2026
Whitefish UnitMidland County, TX7,888 BBLs66,685 MCFJan 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.
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 UNITDec 2025TRAFIGURA TRADING LLCDIAMONDBACK 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
08-49336BUTTE UNITSep 2025VITOL INC.DIAMONDBACK E&P LLC
08-49336BUTTE UNITSep 2025ET GATHERING & PROCESSING LLCDIAMONDBACK E&P LLC
08-49336BUTTE UNITSep 2025BRAZOS MIDSTREAM OPERATING, LLCDIAMONDBACK E&P LLC
08-49336BUTTE UNITSep 2025DIAMONDBACK E&P LLCDIAMONDBACK E&P LLC
08-49336BUTTE UNITSep 2025ENLINK GAS MARKETING, LPDIAMONDBACK E&P LLC
08-49336BUTTE UNITAug 2025VITOL INC.DIAMONDBACK E&P LLC
08-49336BUTTE UNITAug 2025ENERGY TRANSFER CRUDE MARKETING LLCDIAMONDBACK E&P LLC
08-49336BUTTE UNITAug 2025BRAZOS MIDSTREAM OPERATING, LLCDIAMONDBACK E&P LLC
08-49336BUTTE UNITAug 2025DIAMONDBACK E&P LLCDIAMONDBACK E&P LLC
08-49336BUTTE UNITAug 2025ENLINK GAS MARKETING, LPDIAMONDBACK E&P LLC
08-49336BUTTE UNITJul 2025VITOL INC.DIAMONDBACK E&P LLC
08-49336BUTTE UNITJul 2025ENERGY TRANSFER CRUDE MARKETING LLCDIAMONDBACK E&P LLC
08-49336BUTTE UNITJul 2025BRAZOS MIDSTREAM OPERATING, LLCDIAMONDBACK E&P LLC
08-49336BUTTE UNITJul 2025DIAMONDBACK E&P LLCDIAMONDBACK E&P LLC