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Texas oil lease

Producing

ESTES, BUTTON "7-8" UNIT

Estes, Button "7-8" Unit is an oil lease in Midland County, Texas, operated by Petroplex Energy Inc. in the Spraberry (Trend Area) field.

1 well

4,309bbl oil, last 12 months−36% vs prior year
Operator
Petroplex Energy Inc.
County
Midland County
Field
Spraberry (Trend Area)
RRC lease
08-42620

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
11,589 mcf
Oil in Jul 2026
215 bbl

Production by month

Oil output fell 36% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 36% over the last 12 monthsMonthly oil production and gas for ESTES, BUTTON "7-8" UNIT, Aug 2023 to Jul 2026. Oil output fell 36% over the last 12 months. 4,309 bbl in the 12 months through Jul 2026, against 6,734 bbl in the 12 months before.Last 12 months: 4,309 bblbbl per monthmcf per month002501,0005002,0007503,0001,0004,0001,2505,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 36% over the last 12 monthsMonthly oil production and gas for ESTES, BUTTON "7-8" UNIT, Aug 2023 to Jul 2026. Oil output fell 36% over the last 12 months. 4,309 bbl in the 12 months through Jul 2026, against 6,734 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002501,0005002,0007503,0001,0004,0001,2505,000Jan 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 "7-8" UNIT 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 "7-8" UNIT 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.

1 well on this lease

Wells on ESTES, BUTTON "7-8" UNIT
API numberWell no.Status
42-329-375874Active

SourceTexas Railroad Commission Wellbore Query.

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, 2011Sep 23, 2025
Wtg Gas Processing, L.p.Casinghead gasBuys100Oct 1, 2011Sep 23, 2025
Plains Marketing, L.p.OilGathers100Oct 1, 2011Sep 23, 2025

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

Who buys my oilOil price check

80.02 acres on the newest permit

Check your decimal on this lease
Permits for Estes, Button "7-8" Unit
API numberWell no.Acreson the permit
42-329-37587480.02

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

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for ESTES, BUTTON "7-8" UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20262151793643640$80.46$2.89
Jun 20263233481581580$84.81$3.15
May 20262953538688680$102.13$2.94
Apr 20263353711,1641,1640$100.32$2.77
Mar 20263403591,1441,1440$91.38$3.04
Feb 20263205275805800$64.51$3.62
Jan 20264011801,4051,4050$60.04$7.72
Dec 202539736480800$57.97$4.26
Nov 20254073631,3381,3380$60.06$3.79
Oct 20254063531,3791,3790$60.89$3.19
Sep 20254465371,5121,5120$63.96$2.97
Aug 20254245271,5971,5970$64.86$2.91
Jul 20254703511,3151,3150$68.39$3.20
Jun 20255245321,2591,2590$68.17$3.02
May 20255085411,4941,4940$62.17$3.12
Apr 20255085361,4731,4730$63.54$3.42
Mar 20255223512,2012,2010$68.24$4.12
Feb 20254795341001000$71.53$4.19
Jan 20255565532,7872,7870$75.74$4.13
Dec 20246135413,2743,2740$70.12$3.01
Nov 20245676972,3312,3310$69.95$2.12
Oct 20246385552,6472,6470$71.99$2.20
Sep 20246667292,7412,7410$70.24$2.28
Aug 20246835441,7361,7360$76.68$1.99
Jul 20248641,0972,7212,7210$81.80$2.07
Jun 20248647232,9032,9030$79.77$2.54
May 20249841,0701,4621,4620$80.02$2.12
Apr 2024693718000$85.35$1.60
Mar 20241,0861,095000$81.28$1.49
Feb 20241,0631,085000$77.25$1.72
Jan 20241,2131,086000$74.15$3.18
Dec 2023880896000$71.90$2.52
Nov 2023264179000$77.69$2.71
Oct 2023286347000$85.64$2.98
Sep 2023226179000$89.43$2.64
Aug 2023272357000$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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Nearby

This lease belongs to

OperatorPetroplex Energy Inc.FieldSpraberry (Trend Area)CountyMidland County

Petroplex Energy Inc. in Midland County

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Spraberry (Trend Area) field

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