1/ Place all of the ingredients into a large bowl. Use a wooden spoon or spatula to mix them together.
2/ Place a medium-size piece of plastic wrap onto your work surface. Gather the butter and spoon it onto the center of the plastic wrap.
3/ Pull the bottom portion of the plastic wrap over the butter and begin rolling to form a log shape. Twist the ends of the plastic wrap and place butter in the fridge to set. This can also be frozen.
4/ Spoon 2 teaspoons compound butter onto oysters. Place on grill and smoke 2-3 minutes or until butter is melted and oysters are bubbling around edges.