Chevron Unit 03

Oil & Gas Property in Howard County, TX

  2. Texas
  3. Howard County, TX
  4. Oil & Gas Properties in Howard County, TX
  5. Chevron Unit 03 Oil & Gas Property

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Property Summary

Key data points for Chevron Unit 03

CountyHoward County, TX
OperatorSURGE OPERATING, LLC
Production DatesJul 2018 - Oct 2025
Total Oil Production2,245,686 BBLs
Total Gas Production3,599,671 MCF
Recent Oil Production83,317 BBLs in Sep 2025
Recent Gas Production204,371 MCF in Sep 2025
Wells on Property15

Our Valuation Estimates for Chevron Unit 03

ShaleAssessment™

Not Available

MarketMultiple™

$9,405,075 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Chevron Unit 03 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Chevron Unit 03
from Jul 2018 to Oct 2025

Wells on Chevron Unit 03

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-227-39544CHEVRON UNIT 03-38 1HSURGE OPERATING, LLCShut InHoward County, TX32.374741-101.364591
42-227-40231CHEVRON UNIT 03-56 7LSSURGE OPERATING, LLCProducingHoward County, TX32.378584-101.351367
42-227-40232CHEVRON UNIT 03-56 8WASURGE OPERATING, LLCProducingHoward County, TX32.378546-101.351318
42-227-41257CHEVRON UNIT 03-38 2SHSURGE OPERATING, LLCProducingHoward County, TX32.374743-101.364503
42-227-41258CHEVRON UNIT 03-38 2AHSURGE OPERATING, LLCProducingHoward County, TX32.374762-101.364426
42-227-42609CHEVRON UNIT 03-56 4SHSURGE OPERATING, LLCProducingHoward County, TX32.377055-101.355403
42-227-42611CHEVRON UNIT 03-56 5MHSURGE OPERATING, LLCProducingHoward County, TX32.377089-101.355246
42-227-42612CHEVRON UNIT 03-56 5AHSURGE OPERATING, LLCProducingHoward County, TX32.377072-101.355324
42-227-42613CHEVRON UNIT 03-56 5SHSURGE OPERATING, LLCProducingHoward County, TX32.377106-101.355168
42-227-42614CHEVRON UNIT 03-56 6AHSURGE OPERATING, LLCProducingHoward County, TX32.377124-101.355089
42-227-42615CHEVRON UNIT 03-38 3AHSURGE OPERATING, LLCProducingHoward County, TX32.376287-101.359363
42-227-42616CHEVRON UNIT 03-38 3SHSURGE OPERATING, LLCProducingHoward County, TX32.376304-101.359285
42-227-42617CHEVRON UNIT 03-38 3MHSURGE OPERATING, LLCProducingHoward County, TX32.376269-101.359441
42-227-42618CHEVRON UNIT 03-38 4AHSURGE OPERATING, LLCProducingHoward County, TX32.376340-101.359128
42-227-42619CHEVRON UNIT 03-38 4MHSURGE OPERATING, LLCProducingHoward County, TX32.376322-101.359207

Leases included in Chevron Unit 03

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-50992CHEVRON UNIT 03-38SURGE OPERATING, LLCHoward County, TX
08-55261CHEVRON UNIT 03-56SURGE OPERATING, LLCHoward County, TX

Nearby Properties

These are the closest 20 properties to the Chevron Unit 03 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Beartooth 05Howard County, TX5,890 BBLs22,561 MCFOct 2025
BirkheadHoward County, TX0 BBLs0 MCFJul 2012
Broken Arrow 55-54-1-12Howard County, TX27,915 BBLs69,610 MCFOct 2025
BuchananHoward County, TX149 BBLs0 MCFOct 2025
Cathey 16Howard County, TX0 BBLs0 MCFJul 2023
Cathey 2Howard County, TX0 BBLs0 MCFJul 2025
Conroe 15-22Howard County, TX3,071 BBLs2,588 MCFSep 2025
Far Country 12-13-24Howard County, TX1,789 BBLs7,348 MCFOct 2025
Forlorn Cowboy 14-23Howard County, TX4,064 BBLs10,191 MCFOct 2025
Formula One 9-16-21Howard County, TX16,227 BBLs80,647 MCFOct 2025
Fort Knox 11-2Howard County, TX9,642 BBLs57,081 MCFOct 2025
Fortress Of Solitude 16-9-4Howard County, TX14,916 BBLs104,285 MCFOct 2025
Jackpot 55-42Howard County, TX5,558 BBLs36,657 MCFOct 2025
Madison 04Howard County, TX13,020 BBLs66,230 MCFOct 2025
Midland 15-10Howard County, TX1,402 BBLs339 MCFSep 2025
Mortal Storm 12-13-24Howard County, TX1,670 BBLs6,538 MCFOct 2025
Mr. Hobbs 11-14Howard County, TX8,314 BBLs13,965 MCFNov 2025
MusgroveHoward County, TX1,237 BBLs1,907 MCFOct 2025
Shenandoah 11-2-58Howard County, TX9,477 BBLs18,808 MCFNov 2025
Thomas 8Howard County, TX150 BBLs1,044 MCFOct 2025

Companies in the Area

These are the closest 20 companies operating near the Chevron Unit 03 property.

Company Name
Apache Corporation
Bayswater Operating Company LLC
Baytech Inc
Costilla Energy, Inc.
Costilla Petroleum Corporation
Crownquest Operating, LLC
Hibernia Resources IV, LLC
Highpeak Energy Holdings, LLC
Ip Petroleum Company, Inc.
Laredo Petroleum Inc
Mariner Energy, Inc.
McCann Corporation
Mule Kick Operating LLC
Ovintiv USA Inc.
Sharp Image Energy, Inc.
SM Energy Company
Sundown Energy LP
Surge Operating, LLC
Trilogy Operating, Inc.
Vital Energy, Inc.

Frac'ing activity on Chevron Unit 03

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-227-39544Chevron USA 3-38 WA 1H
42-227-40231Chevron USA 3_56_7LS
42-227-40232Chevron USA 3_56_8WA
42-227-41257Chevron Unit 03-38 2SH
42-227-41258Chevron Unit 03-38 2AH
42-227-42609CHEVRON UNIT 03-56 4SH
42-227-42611CHEVRON UNIT 03-56 5MH
42-227-42612CHEVRON UNIT 03-56 5AH
42-227-42613CHEVRON UNIT 03-56 5SH
42-227-42614CHEVRON UNIT 03-56 6AH
42-227-42615Chevron Unit 03-38 3AH
42-227-42616Chevron Unit 03-38 3SH
42-227-42617Chevron Unit 03-38 3MH
42-227-42618Chevron Unit 03-38 4AH
42-227-42619Chevron Unit 03-38 4MH

Owners of Chevron Unit 03

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025SURGE OPERATING LLCCHEVRON 3-38 WOLFCAMPSURGE OPERATING, LLC
2025SURGE OPERATING LLCCHEVRON 3-56 UNITSURGE OPERATING, LLC
2025CHEVRON ADVANTAGE, INC.CHEVRON 3-38 WOLFCAMPSURGE OPERATING, LLC
2025CHEVRON ADVANTAGE, INC.CHEVRON 3-56 UNITSURGE OPERATING, LLC
2025ROBERTS DORA REHAB CENTERCHEVRON 3-56 UNITSURGE OPERATING, LLC
2025ROBERTS DORA REHAB CENTERCHEVRON 3-38 WOLFCAMPSURGE OPERATING, LLC
2025BUCHANAN WOW LLCCHEVRON 3-38 WOLFCAMPSURGE OPERATING, LLC
2025BEST PHYLLIS FAYE WYNNCHEVRON 3-38 WOLFCAMPSURGE OPERATING, LLC
Displaying 8 of 89 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Chevron Unit 03

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-55261CHEVRON UNIT 03-56Feb 2025WTG GAS PROCESSING, L.P.SURGE OPERATING, LLC
08-50992CHEVRON UNIT 03-38Feb 2025WTG GAS PROCESSING, L.P.SURGE OPERATING, LLC
08-50992CHEVRON UNIT 03-38Jan 2025WTG GAS PROCESSING, L.P.SURGE OPERATING, LLC
08-55261CHEVRON UNIT 03-56Jan 2025WTG GAS PROCESSING, L.P.SURGE OPERATING, LLC
08-50992CHEVRON UNIT 03-38Dec 2024WTG GAS PROCESSING, L.P.SURGE OPERATING, LLC
08-55261CHEVRON UNIT 03-56Dec 2024DK TRADING & SUPPLY, LLCSURGE OPERATING, LLC
08-55261CHEVRON UNIT 03-56Dec 2024WTG GAS PROCESSING, L.P.SURGE OPERATING, LLC
08-50992CHEVRON UNIT 03-38Dec 2024DK TRADING & SUPPLY, LLCSURGE OPERATING, LLC
08-55261CHEVRON UNIT 03-56Nov 2024DK TRADING & SUPPLY, LLCSURGE OPERATING, LLC
08-50992CHEVRON UNIT 03-38Nov 2024WTG GAS PROCESSING, L.P.SURGE OPERATING, LLC
08-50992CHEVRON UNIT 03-38Nov 2024DK TRADING & SUPPLY, LLCSURGE OPERATING, LLC
08-55261CHEVRON UNIT 03-56Nov 2024WTG GAS PROCESSING, L.P.SURGE OPERATING, LLC
08-55261CHEVRON UNIT 03-56Oct 2024WTG GAS PROCESSING, L.P.SURGE OPERATING, LLC
08-55261CHEVRON UNIT 03-56Oct 2024DK TRADING & SUPPLY, LLCSURGE OPERATING, LLC
08-50992CHEVRON UNIT 03-38Oct 2024DK TRADING & SUPPLY, LLCSURGE OPERATING, LLC
08-50992CHEVRON UNIT 03-38Oct 2024WTG GAS PROCESSING, L.P.SURGE OPERATING, LLC
08-50992CHEVRON UNIT 03-38Sep 2024DK TRADING & SUPPLY, LLCSURGE OPERATING, LLC
08-50992CHEVRON UNIT 03-38Sep 2024WTG GAS PROCESSING, L.P.SURGE OPERATING, LLC
08-55261CHEVRON UNIT 03-56Sep 2024DK TRADING & SUPPLY, LLCSURGE OPERATING, LLC
08-55261CHEVRON UNIT 03-56Sep 2024WTG GAS PROCESSING, L.P.SURGE OPERATING, LLC
08-55261CHEVRON UNIT 03-56Aug 2024DK TRADING & SUPPLY, LLCSURGE OPERATING, LLC
08-55261CHEVRON UNIT 03-56Aug 2024WTG GAS PROCESSING, L.P.SURGE OPERATING, LLC
08-50992CHEVRON UNIT 03-38Aug 2024DK TRADING & SUPPLY, LLCSURGE OPERATING, LLC
08-50992CHEVRON UNIT 03-38Aug 2024WTG GAS PROCESSING, L.P.SURGE OPERATING, LLC
08-50992CHEVRON UNIT 03-38Jul 2024WTG GAS PROCESSING, L.P.SURGE OPERATING, LLC