Placid Oil Company in Butte County, South Dakota: Drilling Activity & Mineral Owners

Placid Oil Company's footprint in Butte County

Placid Oil Company has 2 well records in Butte County, South Dakota, which ranks it #6 among operators in the county by well count. Of those, 0 are flagged as producing.

On the forward-looking side, Placid Oil Company has 0 permits and 0 spuds filed in the last 24 months and 2 drilled-but-uncompleted (DUC) wells in the county, with its most recent permit dated May 1975 — signals that production, and royalties, may be coming.

What this means if you own minerals here

Producing wells drive the checks you receive now; permits and spuds point to potential future royalties; a DUC count signals production may be near.

Operator quality matters. A strong, active operator like the ones leading a county tends to develop and pay more reliably — one of the inputs a buyer weighs.

Your tract is what counts. County-level activity sets the backdrop, but your lease royalty, decimal interest, and exact tract determine your actual royalty. See how to track drilling near you and net mineral acres vs. net royalty acres.

Frequently asked questions

Is Placid Oil Company drilling in Butte County, South Dakota?

Placid Oil Company has 2 well records in Butte County, South Dakota (ranked #6 among operators in the county by well count). Recent forward activity includes 0 permits and 0 spuds in the last 24 months and 2 drilled-but-uncompleted (DUC) wells. Figures are from public well-header records as of August 2026.

What does Placid Oil Company's activity in Butte County mean for my royalties?

New permits and spuds point to potential future royalties; a rising DUC count signals production may be near; and producing wells (0 here) drive current checks. Placid Oil Company's scale and activity in Butte County is one input a buyer weighs when valuing minerals there — but your specific tract, lease royalty, and decimal interest determine what you actually receive.

Can I sell my Butte County minerals under a Placid Oil Company well?

Yes. Buckhead Energy is a direct buyer of mineral and royalty interests in Butte County, South Dakota, including interests under Placid Oil Company-operated wells. We provide a free, no-obligation written offer and explain how the operator's activity factored into it.

Own minerals under a Placid Oil Company well in Butte County?

Buckhead Energy buys mineral and royalty interests in Butte County, South Dakota directly — own capital, no broker commissions, and a free, no-obligation written offer that factors in Placid Oil Company's activity nearby.

Direct buyer, not a broker · A+ BBB · buying since 2007