BUTTER CRUNCH N
BUTTER CRUNCH N is a Texas oil lease in Midland County, Railroad Commission district 08, operated by Discovery Operating, Inc. It has 3 wellbores on file with the Commission. Reported production runs from December 2023 to August 2026, totalling 292,802 barrels. The lease is intermittent. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $1.7M, with roughly $366K expected over the next twelve months.
| Operator | Discovery Operating, Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Midland County, Texas |
| RRC district | 08 |
| Lease number | 62005 |
| Wellbores | 3 |
| Reported production | 292,802 bbl |
| First reported | December 2023 |
| Last reported | August 2026 |
| Estimated royalty value | $1.7M |
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.