Estes Button 7

Oil & Gas Property in Midland County, TX

Property Summary

Key data points for Estes Button 7

CountyMidland County, TX
OperatorPETROPLEX ENERGY INC.
Production DatesSep 2003 - Jul 2025
Total Oil Production302,925 BBLs
Total Gas Production719,874 MCF
Recent Oil Production877 BBLs in Jun 2025
Recent Gas Production1,259 MCF in Jun 2025
Wells on Property4

Our Valuation Estimates for Estes Button 7

ShaleAssessment

$34,895 *

MarketMultiple

$118,005 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Estes Button 7 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Estes Button 7
from Sep 2003 to Jul 2025

Wells on Estes Button 7

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-329-31556ESTES BUTTON 7 1PETROPLEX ENERGY INC.ProducingMidland County, TX32.067499-102.162510
42-329-35205ESTES BUTTON 7 3PETROPLEX ENERGY INC.ProducingMidland County, TX32.067783-102.169429
42-329-36355ESTES, BUTTON "7" 2PETROPLEX ENERGY INC.Permitted LocationMidland County, TX32.064409-102.173379
42-329-37587ESTES BUTTON 7-8 UNIT 4PETROPLEX ENERGY INC.ProducingMidland County, TX32.069533-102.160298

Leases included in Estes Button 7

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-36311ESTES, BUTTON "7"PETROPLEX ENERGY INC.Midland County, TX
08-38822ESTES, BUTTON "7"PETROPLEX ENERGY INC.Midland County, TX
08-42620ESTES, BUTTON "7-8" UNITPETROPLEX ENERGY INC.Midland County, TX

Nearby Properties

These are the closest 20 properties to the Estes Button 7 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
AldridgeMidland County, TX1,776 BBLs1,610 MCFJul 2025
Billings UnitMidland County, TX9,315 BBLs70,832 MCFJul 2025
Blackfoot EastMidland County, TX37,061 BBLs132,903 MCFJul 2025
Blackfoot West UnitMidland County, TX10,014 BBLs109,746 MCFJul 2025
Bozeman UnitMidland County, TX8,746 BBLs86,661 MCFJul 2025
Butte UnitMidland County, TX4,098 BBLs62,311 MCFJul 2025
D EvansMidland County, TX1,742 BBLs19,329 MCFJul 2025
Damron 42Midland County, TX0 BBLs0 MCFDec 2021
Diamond Rio 9Midland County, TX47,994 BBLs221,509 MCFJul 2025
MB 702HMidland County, TX11,187 BBLs28,527 MCFJun 2025
Mbe 101HMidland County, TX8,997 BBLs6,895 MCFJun 2025
Mbe 2Midland County, TX15,058 BBLs10,897 MCFJun 2025
Mbe 30Midland County, TX22,687 BBLs15,067 MCFJun 2025
Mbe 40Midland County, TX38,180 BBLs28,799 MCFJun 2025
Mbe 701HMidland County, TX21,408 BBLs22,288 MCFJun 2025
Missoula UnitMidland County, TX12,513 BBLs107,997 MCFJul 2025
StephensMidland County, TX72,167 BBLs274,538 MCFJul 2025
Walnut-Barron 11Midland County, TX37,952 BBLs48,892 MCFJul 2025
Western T 8Midland County, TX693 BBLs0 MCFJul 2025
Whitefish UnitMidland County, TX7,380 BBLs33,290 MCFJul 2025

Owners of Estes Button 7

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025PETROPLEX ENERGY INCBUTTON ESTES 7-8PETROPLEX ENERGY
2025PETROPLEX ENERGY INCESTES BUTTON "7"PETROPLEX ENERGY
2025PETROPLEX ENERGY INCESTES BUTTON "7"PETROPLEX ENERGY
2025JEFFREY R D IRREV DES B TR2015BUTTON ESTES 7-8PETROPLEX ENERGY
2025BUTTON ESTES RANCH LTDESTES BUTTON "7"PETROPLEX ENERGY
2025BUTTON ESTES RANCH LTDESTES BUTTON "7"PETROPLEX ENERGY
2025OCCIDENTAL PERMIAN LTD -RI/OR-BUTTON ESTES 7-8PETROPLEX ENERGY
2025BUTTON ESTES RANCH LTDBUTTON ESTES 7-8PETROPLEX ENERGY
Displaying 8 of 93 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Estes Button 7

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-36311ESTES, BUTTON "7"Apr 2025PLAINS MARKETING, L.P.PETROPLEX ENERGY, INC.
08-38822ESTES, BUTTON "7"Apr 2025PLAINS MARKETING, L.P.PETROPLEX ENERGY, INC.
08-42620ESTES, BUTTON "7-8" UNITApr 2025PLAINS MARKETING, L.P.PETROPLEX ENERGY, INC.
08-36311ESTES, BUTTON "7"Mar 2025PETROPLEX ENERGY, INC.
08-36311ESTES, BUTTON "7"Mar 2025PLAINS MARKETING, L.P.PETROPLEX ENERGY, INC.
08-38822ESTES, BUTTON "7"Mar 2025PETROPLEX ENERGY, INC.
08-38822ESTES, BUTTON "7"Mar 2025PLAINS MARKETING, L.P.PETROPLEX ENERGY, INC.
08-42620ESTES, BUTTON "7-8" UNITMar 2025PETROPLEX ENERGY, INC.
08-42620ESTES, BUTTON "7-8" UNITMar 2025PLAINS MARKETING, L.P.PETROPLEX ENERGY, INC.
08-36311ESTES, BUTTON "7"Feb 2025PETROPLEX ENERGY, INC.
08-36311ESTES, BUTTON "7"Feb 2025PLAINS MARKETING, L.P.PETROPLEX ENERGY, INC.
08-38822ESTES, BUTTON "7"Feb 2025PETROPLEX ENERGY, INC.
08-38822ESTES, BUTTON "7"Feb 2025PLAINS MARKETING, L.P.PETROPLEX ENERGY, INC.
08-42620ESTES, BUTTON "7-8" UNITFeb 2025PETROPLEX ENERGY, INC.
08-42620ESTES, BUTTON "7-8" UNITFeb 2025PLAINS MARKETING, L.P.PETROPLEX ENERGY, INC.
08-36311ESTES, BUTTON "7"Jan 2025PETROPLEX ENERGY, INC.
08-36311ESTES, BUTTON "7"Jan 2025PLAINS MARKETING, L.P.PETROPLEX ENERGY, INC.
08-38822ESTES, BUTTON "7"Jan 2025PETROPLEX ENERGY, INC.
08-38822ESTES, BUTTON "7"Jan 2025PLAINS MARKETING, L.P.PETROPLEX ENERGY, INC.
08-42620ESTES, BUTTON "7-8" UNITJan 2025PETROPLEX ENERGY, INC.
08-42620ESTES, BUTTON "7-8" UNITJan 2025PLAINS MARKETING, L.P.PETROPLEX ENERGY, INC.
08-36311ESTES, BUTTON "7"Dec 2024WTG GAS PROCESSING, L.P.PETROPLEX ENERGY, INC.
08-36311ESTES, BUTTON "7"Dec 2024PLAINS MARKETING, L.P.PETROPLEX ENERGY, INC.
08-38822ESTES, BUTTON "7"Dec 2024WTG GAS PROCESSING, L.P.PETROPLEX ENERGY, INC.
08-38822ESTES, BUTTON "7"Dec 2024PLAINS MARKETING, L.P.PETROPLEX ENERGY, INC.