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 - Jan 2026
Total Oil Production2,425,829 BBLs
Total Gas Production4,168,797 MCF
Recent Oil Production60,667 BBLs in Dec 2025
Recent Gas Production194,288 MCF in Dec 2025
Wells on Property15

Our Valuation Estimates for Chevron Unit 03

ShaleAssessment™

Not Available

MarketMultiple™

$12,285,386 **

* 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 Jan 2026

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, LLCProducingHoward 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, TX7,062 BBLs26,806 MCFJan 2026
BirkheadHoward County, TX0 BBLs0 MCFJul 2012
Broken Arrow 55-54-1-12Howard County, TX15,745 BBLs70,425 MCFJan 2026
BuchananHoward County, TX332 BBLs0 MCFJan 2026
Cathey 16Howard County, TX0 BBLs0 MCFJul 2023
Cathey 2Howard County, TX0 BBLs0 MCFJul 2025
Conroe 15-22Howard County, TX3,920 BBLs7,330 MCFDec 2025
Far Country 12-13-24Howard County, TX1,708 BBLs6,557 MCFJan 2026
Forlorn Cowboy 14-23Howard County, TX4,977 BBLs13,729 MCFJan 2026
Formula One 9-16-21Howard County, TX9,308 BBLs58,644 MCFJan 2026
Fort Knox 11-2Howard County, TX8,157 BBLs59,472 MCFJan 2026
Fortress Of Solitude 16-9-4Howard County, TX15,813 BBLs130,687 MCFJan 2026
Jackpot 55-42Howard County, TX5,276 BBLs44,267 MCFJan 2026
Madison 04Howard County, TX11,823 BBLs67,469 MCFJan 2026
Midland 15-10Howard County, TX1,341 BBLs2,199 MCFDec 2025
Mortal Storm 12-13-24Howard County, TX1,524 BBLs6,713 MCFJan 2026
Mr. Hobbs 11-14Howard County, TX6,181 BBLs12,648 MCFFeb 2026
MusgroveHoward County, TX1,476 BBLs2,778 MCFJan 2026
Shenandoah 11-2-58Howard County, TX10,474 BBLs31,411 MCFJan 2026
Thomas 8Howard County, TX377 BBLs3,276 MCFJan 2026

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
Crescent Energy Operating, LLC
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.

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
2025WYNN MARVIN ALFREDCHEVRON 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 03-56Dec 2025DELEK MARKETING & SUPPLY, LPSURGE OPERATING, LLC
08-50992CHEVRON UNIT 03-38Dec 2025DELEK MARKETING & SUPPLY, LPSURGE OPERATING, LLC
08-50992CHEVRON UNIT 03-38Nov 2025DELEK MARKETING & SUPPLY, LPSURGE OPERATING, LLC
08-50992CHEVRON UNIT 03-38Nov 2025WTG GAS PROCESSING, L.P.SURGE OPERATING, LLC
08-55261CHEVRON UNIT 03-56Nov 2025DELEK MARKETING & SUPPLY, LPSURGE OPERATING, LLC
08-55261CHEVRON UNIT 03-56Nov 2025WTG GAS PROCESSING, L.P.SURGE OPERATING, LLC
08-50992CHEVRON UNIT 03-38Oct 2025DELEK MARKETING & SUPPLY, LPSURGE OPERATING, LLC
08-55261CHEVRON UNIT 03-56Oct 2025DELEK MARKETING & SUPPLY, LPSURGE OPERATING, LLC
08-55261CHEVRON UNIT 03-56Oct 2025WTG GAS PROCESSING, L.P.SURGE OPERATING, LLC
08-50992CHEVRON UNIT 03-38Oct 2025WTG GAS PROCESSING, L.P.SURGE OPERATING, LLC
08-50992CHEVRON UNIT 03-38Sep 2025WTG GAS PROCESSING, L.P.SURGE OPERATING, LLC
08-55261CHEVRON UNIT 03-56Sep 2025DELEK MARKETING & SUPPLY, LPSURGE OPERATING, LLC
08-50992CHEVRON UNIT 03-38Sep 2025DELEK MARKETING & SUPPLY, LPSURGE OPERATING, LLC
08-55261CHEVRON UNIT 03-56Sep 2025WTG GAS PROCESSING, L.P.SURGE OPERATING, LLC
08-55261CHEVRON UNIT 03-56Aug 2025WTG GAS PROCESSING, L.P.SURGE OPERATING, LLC
08-55261CHEVRON UNIT 03-56Aug 2025DELEK MARKETING & SUPPLY, LPSURGE OPERATING, LLC
08-50992CHEVRON UNIT 03-38Aug 2025DELEK MARKETING & SUPPLY, LPSURGE OPERATING, LLC
08-50992CHEVRON UNIT 03-38Aug 2025WTG GAS PROCESSING, L.P.SURGE OPERATING, LLC
08-50992CHEVRON UNIT 03-38Jul 2025DELEK MARKETING & SUPPLY, LPSURGE OPERATING, LLC
08-50992CHEVRON UNIT 03-38Jul 2025WTG GAS PROCESSING, L.P.SURGE OPERATING, LLC
08-55261CHEVRON UNIT 03-56Jul 2025DELEK MARKETING & SUPPLY, LPSURGE OPERATING, LLC
08-55261CHEVRON UNIT 03-56Jul 2025WTG GAS PROCESSING, L.P.SURGE OPERATING, LLC
08-55261CHEVRON UNIT 03-56Jun 2025DELEK MARKETING & SUPPLY, LPSURGE OPERATING, LLC
08-55261CHEVRON UNIT 03-56Jun 2025WTG GAS PROCESSING, L.P.SURGE OPERATING, LLC
08-50992CHEVRON UNIT 03-38Jun 2025DELEK MARKETING & SUPPLY, LPSURGE OPERATING, LLC