LP BUTLER B
LP BUTLER B is a Texas oil lease in De Witt County, Railroad Commission district 02, operated by Devon Energy Production Co, L.P. It has 7 wellbores on file with the Commission. Reported production runs from April 2014 to August 2026, totalling 1,567,668 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $422K, with roughly $216K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 767 barrels a month, about 110 per wellbore. Its strongest month on the record we hold was May 2016, at 17,572 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about LP BUTLER B
- Who operates LP BUTLER B?
- LP BUTLER B is operated by Devon Energy Production Co, L.P., Railroad Commission of Texas operator number 216378.
- Where is LP BUTLER B?
- LP BUTLER B is a Texas oil lease in De Witt County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 10928.
- Is LP BUTLER B still producing?
- LP BUTLER B is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LP BUTLER B is August 2026.
- How much has LP BUTLER B produced?
- LP BUTLER B has reported 1,567,668 barrels of oil (bbl) to the Railroad Commission of Texas between April 2014 and August 2026, from 7 wellbores.
- How much is LP BUTLER B worth?
- The remaining production from LP BUTLER B is estimated to be worth about $422K in total as of 26 August 2026, within a range of $329K to $514K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LP BUTLER B is a fraction of it. The estimate fits an Arps decline curve to the production LP BUTLER B has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LP BUTLER B is an estimate of value, not an offer and not an appraisal.
- How much income does LP BUTLER B generate in a year?
- LP BUTLER B is forecast to net about $216K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LP BUTLER B receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Devon Energy Production Co, L.P. |
|---|---|
| Field | Eagleville (Eagle Ford-2) |
| County | De Witt County, Texas |
| RRC district | 02 |
| Lease number | 10928 |
| Wellbores | 7 |
| Reported production | 1,567,668 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $422K |
Where LP BUTLER B sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.