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Texas oil lease

Producing

BUTTER CRUNCH M

Butter Crunch M is an oil lease in Midland County, Texas, operated by Discovery Operating, Inc. in the Spraberry (Trend Area) field.

3 wells

225,551bbl oil, last 12 months
Operator
Discovery Operating, Inc.
County
Midland County
Field
Spraberry (Trend Area)
RRC lease
08-61977

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
689,580 mcf
Oil in Jul 2026
18,307 bbl

Production by month

Oil output rose 42% since Mar 2025

  • Oil (bars)
  • Gas (line)
Oil output rose 42% since Mar 2025Monthly oil production and gas for BUTTER CRUNCH M, Mar 2025 to Jul 2026. Oil output rose 42% since Mar 2025. Monthly average of 19,039 bbl in the latest 3 months, against 13,394 bbl in the first 3.bbl per monthmcf per month0010k25k20k50k30k75k40k100k50k125kApr 25JulOctJan 26AprJul
Oil output rose 42% since Mar 2025Monthly oil production and gas for BUTTER CRUNCH M, Mar 2025 to Jul 2026. Oil output rose 42% since Mar 2025. Monthly average of 19,039 bbl in the latest 3 months, against 13,394 bbl in the first 3.bbl per monthmcf per month0010k25k20k50k30k75k40k100k50k125kJul 25Jan 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 BUTTER CRUNCH M gas by disposition code each month, Mar 2025 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%Apr 25JulOctJan 26AprJul
All of the gas went to a processing plant in the last 12 monthsShare of BUTTER CRUNCH M gas by disposition code each month, Mar 2025 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%Jul 25Jan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

3 wells on this lease

Wells on BUTTER CRUNCH M
API numberWell no.Status
42-329-462666WBActive
42-329-462697LSActive
42-329-464885MSActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Energy Transfer Crude Oil Co,llcOilGathers100Dec 9, 2023
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100Dec 9, 2023
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Dec 9, 2023

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

Who buys my oilOil price check

1,006.40 acres on the newest permit

  • Worth asking

    An allocation well is on this lease

    A well drilled across several tracts shares its production by an allocation formula, so the decimal is not always your acres over the unit acres. Ask the operator for the allocation formula and the tract factor for your land.

  • Worth asking

    A Rule 37 case is listed

    The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.

Check your decimal on this lease
Permits for Butter Crunch M
API numberWell no.Acreson the permit
42-329-464885MS1,006.40
42-329-462666WB1,006.40
42-329-462697LS1,006.40

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

Unit decimal checker

Estimate your royalty

17 months, newest first

Ledger for BUTTER CRUNCH M
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202618,30718,30787,61687,6160$80.46$2.89
Jun 202619,32819,32889,95089,9500$84.81$3.15
May 202619,48219,48286,46386,4630$102.13$2.94
Apr 202621,80721,80790,51190,5110$100.32$2.77
Mar 202628,08728,087100,558100,5580$91.38$3.04
Feb 202629,52929,52965,79665,7960$64.51$3.62
Jan 202614,18114,18128,96028,9600$60.04$7.72
Dec 202517,06517,06532,86532,8650$57.97$4.26
Nov 202517,88217,88234,21734,2170$60.06$3.79
Oct 202516,50816,50830,65630,6560$60.89$3.19
Sep 202511,90411,90421,45921,4590$63.96$2.97
Aug 202511,47111,47120,52920,5290$64.86$2.91
Jul 202514,81914,81917,84917,8490$68.39$3.20
Jun 202515,90415,90419,18119,1810$68.17$3.02
May 202514,02914,02917,37917,3790$62.17$3.12
Apr 202513,05413,05416,96416,9640$63.54$3.42
Mar 202513,09913,09915,47915,4790$68.24$4.12

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

OperatorDiscovery Operating, Inc.FieldSpraberry (Trend Area)CountyMidland County

Discovery Operating, Inc. in Midland County

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Spraberry (Trend Area) field

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