ESTES, BUTTON "7"
ESTES, BUTTON "7" is a Texas oil lease in Midland County, Railroad Commission district 08, operated by Petroplex Energy Inc. It has 1 wellbore on file with the Commission. Reported production runs from October 2006 to August 2026, totalling 40,165 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $6K, with roughly $1K expected over the next twelve months.
| Operator | Petroplex Energy Inc. |
|---|---|
| Field | Moonlight (Mississippian) |
| County | Midland County, Texas |
| RRC district | 08 |
| Lease number | 38822 |
| Wellbores | 1 |
| Reported production | 40,165 bbl |
| First reported | October 2006 |
| Last reported | August 2026 |
| Estimated royalty value | $6K |
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.