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Texas oil lease

Producing

ESTES, BUTTON "7"

Estes, Button "7" is an oil lease in Midland County, Texas, operated by Petroplex Energy Inc. in the Moonlight (Mississippian) field.

Oil lease dossier

772bbl oil, last 12 months−18% vs prior year
RRC lease
08-38822

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
293 mcf
Oil in Jul 2026
59 bbl

Production by month

Oil output fell 18% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 18% over the last 12 monthsMonthly oil production and gas for ESTES, BUTTON "7", Aug 2023 to Jul 2026. Oil output fell 18% over the last 12 months. 772 bbl in the 12 months through Jul 2026, against 944 bbl in the 12 months before.Last 12 months: 772 bblbbl per monthmcf per month0050200100400150600200800Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 18% over the last 12 monthsMonthly oil production and gas for ESTES, BUTTON "7", Aug 2023 to Jul 2026. Oil output fell 18% over the last 12 months. 772 bbl in the 12 months through Jul 2026, against 944 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0050200100400150600200800Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to a processing plant in the last 12 months

All of the gas went to a processing plant in the last 12 monthsShare of ESTES, BUTTON "7" gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a processing plant in the last 12 monthsShare of ESTES, BUTTON "7" gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant in the last 12 months.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Wells on this lease

No wells are linked to this lease in our data

Production is still reported at lease level.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Plains Marketing, L.p.OilGathers100Oct 24, 2025–
Energy Transfer CompanyCasinghead gasBuys100Oct 24, 2025–
Energy Transfer CompanyCasinghead gasGathers100Oct 24, 2025–
Energy Transfer CompanyOilGathers100Sep 23, 2025Oct 24, 2025
Wtg Gas Processing, L.p.Casinghead gasGathers100Oct 1, 2006Sep 23, 2025
Wtg Gas Processing, L.p.Casinghead gasBuys100Oct 1, 2006Sep 23, 2025
Plains Marketing, L.p.OilGathers100Oct 1, 2006Sep 23, 2025

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

640.37 acres on the newest permit

Permits for Estes, Button "7"
API numberWell no.Acreson the permit
42-329-352053640.37

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

Estimate your royalty

36 months, newest first

Ledger for ESTES, BUTTON "7"
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20265960000$80.46$2.89
Jun 2026497232320$84.81$3.15
May 202671362612610$102.13$2.94
Apr 202690109000$100.32$2.77
Mar 20266366000$91.38$3.04
Feb 20265772000$64.51$3.62
Jan 20266330000$60.04$7.72
Dec 20256270000$57.97$4.26
Nov 20256168000$60.06$3.79
Oct 20255473000$60.89$3.19
Sep 20256971000$63.96$2.97
Aug 20257473000$64.86$2.91
Jul 20258270000$68.39$3.20
Jun 20257173000$68.17$3.02
May 20257370000$62.17$3.12
Apr 20253933000$63.54$3.42
Mar 20257969000$68.24$4.12
Feb 202573104000$71.53$4.19
Jan 20259782000$75.74$4.13
Dec 2024861104034030$70.12$3.01
Nov 202487683103100$69.95$2.12
Oct 202476673523520$71.99$2.20
Sep 2024941333103100$70.24$2.28
Aug 202487372062060$76.68$1.99
Jul 2024911062742740$81.80$2.07
Jun 202469712242240$79.77$2.54
May 2024981102302300$80.02$2.12
Apr 202496742942940$85.35$1.60
Mar 20241051393063060$81.28$1.49
Feb 20241311381911910$77.25$1.72
Jan 20241981451081080$74.15$3.18
Dec 2023819952520$71.90$2.52
Nov 202353622992990$77.69$2.71
Oct 2023861065955950$85.64$2.98
Sep 202385726326320$89.43$2.64
Aug 2023971076026020$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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Nearby

Petroplex Energy Inc. in Midland County

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Moonlight (Mississippian) field

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New drilling permits in Midland County

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