GBG 41/38 Unit

Oil & Gas Property in Midland County, TX

  2. Texas
  3. Midland County, TX
  4. Oil & Gas Properties in Midland County, TX
  5. GBG 41/38 Unit Oil & Gas Property

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Property Summary

Key data points for GBG 41/38 Unit

CountyMidland County, TX
OperatorCHEVRON USA INC
Production DatesJul 2018 - Jan 2024
Total Oil Production5,962,132 BBLs
Total Gas Production10,770,522 MCF
Recent Oil Production28,983 BBLs in Dec 2023
Recent Gas Production133,932 MCF in Dec 2023
Wells on Property13

Our Valuation Estimates for GBG 41/38 Unit

ShaleAssessment™

Not Available

MarketMultiple™

$4,331,578 **

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

Based on a decimal interest

GBG 41/38 Unit Production Graph

Aggregated production of all wells and leases associated with this property
Subscribe for Full Access Subscribe now to gain immediate access
to oil and gas production for GBG 41/38 Unit
from Jul 2018 to Jan 2024

Wells on GBG 41/38 Unit

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
42-329-34633GBG 41/38 UNIT 8CHEVRON U. S. A. INC.Water SupplyMidland County, TX31.854560-102.128184
42-329-41888GBG 41/38 UNIT 0031WBCHEVRON U. S. A. INC.ProducingMidland County, TX31.853142-102.129910
42-329-41889GBG 41/38 UNIT 0032LSCHEVRON U. S. A. INC.Shut InMidland County, TX31.853313-102.130262
42-329-41890GBG 41/38 UNIT 0033WBCHEVRON U. S. A. INC.ProducingMidland County, TX31.853178-102.129749
42-329-41891GBG 41/38 UNIT 0034LSCHEVRON U. S. A. INC.Shut InMidland County, TX31.853349-102.130106
42-329-41892GBG 41/38 UNIT 0035WBCHEVRON U. S. A. INC.ProducingMidland County, TX31.853214-102.129593
42-329-41893GBG 41/38 UNIT 0036LSCHEVRON U. S. A. INC.Shut InMidland County, TX31.853385-102.129951
42-329-42299GBG 41/38 UNIT 0021WBCHEVRON U. S. A. INC.ProducingMidland County, TX31.856350-102.138380
42-329-42301GBG 41/38 UNIT 0022LSCHEVRON U. S. A. INC.Shut InMidland County, TX31.856495-102.138715
42-329-42302GBG 41/38 UNIT 0023WBCHEVRON U. S. A. INC.ProducingMidland County, TX31.856487-102.138637
42-329-42303GBG 41/38 UNIT 0024LSCHEVRON U. S. A. INC.Shut InMidland County, TX31.856683-102.138995
42-329-42304GBG 41/38 UNIT 0025WBCHEVRON U. S. A. INC.ProducingMidland County, TX31.856550-102.138482
42-329-42305GBG 41/38 UNIT 0026LSCHEVRON U. S. A. INC.Shut InMidland County, TX31.856721-102.138840

Leases included in GBG 41/38 Unit

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-50119GBG 41/38 UNITCHEVRON U. S. A. INC.Midland County, TX

Nearby Properties

These are the closest 20 properties to the GBG 41/38 Unit property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Andrews J.AMidland County, TX0 BBLs0 MCFOct 2022
Arch BengeMidland County, TX3,679 BBLs27,554 MCFJan 2024
Artemis 42/06Midland County, TX23,566 BBLs118,832 MCFJan 2024
Back ClaudMidland County, TX299 BBLs1,297 MCFJan 2024
Bryant G DevonianMidland County, TX0 BBLs0 MCFDec 2021
CB Haley FMidland County, TX49,370 BBLs76,847 MCFJan 2024
Collings H.SMidland County, TX0 BBLs0 MCFApr 2023
Gatlin MaryMidland County, TX571 BBLs4,776 MCFJan 2024
GBG Cerberus 34/39Midland County, TX24,181 BBLs46,835 MCFJan 2024
HaleyMidland County, TX22,835 BBLs51,597 MCFJan 2024
Haley-Reed (Devonian) UnitMidland County, TX77 BBLs3,129 MCFJan 2024
Harrington,A.BMidland County, TX0 BBLs0 MCFMay 2023
HS Collings FMidland County, TX40,594 BBLs79,053 MCFJan 2024
Mary ScharbauerMidland County, TX6,916 BBLs72,552 MCFJan 2024
Parks Field UnitMidland County, TX55,055 BBLs315,681 MCFJan 2024
Parks RoyMidland County, TX574 BBLs7,416 MCFJan 2024
Persephone 42/31Midland County, TX34,549 BBLs187,019 MCFJan 2024
ScharbauerMidland County, TX121,853 BBLs535,479 MCFJan 2024
SkywestMidland County, TX1,138 BBLs4,553 MCFJan 2024
TRD AMidland County, TX0 BBLs0 MCFMar 2022

Companies in the Area

These are the closest 20 companies operating near the GBG 41/38 Unit property.

Company Name
Apache Corporation
Berry Oil Comp.
Breitburn Operating, LP
Chevron USA Inc
COG Operating LLC
Cox, John L.
Crownquest Operating, LLC
Encore Operating LP
Endeavor Energy Resources, LP
Henry Petroleum Corp.
Henry Petroleum LP
Heritage Resources, Inc.
Mobil Oil Corporation
Mobil Producing TX. & N.M. Inc.
Pioneer Natural Res. USA, Inc.
Platform Operating, LLC
Terrace Petroleum Corporation
Texaco E & P Inc
Xog Operating LLC
XTO Energy Inc.

Owners of GBG 41/38 Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2023CHEVRON USA INC WIGBG 4138 UNIT TR 1CHEVRON USA INC
2023CHEVRON USA INC WIGBG 4138 UNIT TR 2CHEVRON USA INC
2023CHEVRON USA INC WIGBG 4138 UNIT TR 3CHEVRON USA
2023CHEVRON USA INC WIGBG 4138 UNIT TR 4CHEVRON USA
2023TEXAS TEN LTDGBG 4138 UNIT TR 2CHEVRON USA INC
2023SCHARBAUER MINERALS LPGBG 4138 UNIT TR 1CHEVRON USA INC
2023TEXAS TEN LTDGBG 4138 UNIT TR 4CHEVRON USA
2023TEXAS TEN LTDGBG 4138 UNIT TR 3CHEVRON USA
Displaying 8 of 16 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on GBG 41/38 Unit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-50119GBG 41/38 UNITNov 2023CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
08-50119GBG 41/38 UNITNov 2023CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
08-50119GBG 41/38 UNITNov 2023ETC TEXAS PIPELINE, LTD.CHEVRON U.S.A. INC.
08-50119GBG 41/38 UNITOct 2023CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
08-50119GBG 41/38 UNITOct 2023CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
08-50119GBG 41/38 UNITOct 2023ETC TEXAS PIPELINE, LTD.CHEVRON U.S.A. INC.
08-50119GBG 41/38 UNITSep 2023CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
08-50119GBG 41/38 UNITSep 2023CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
08-50119GBG 41/38 UNITSep 2023ETC TEXAS PIPELINE, LTD.CHEVRON U.S.A. INC.
08-50119GBG 41/38 UNITAug 2023CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
08-50119GBG 41/38 UNITAug 2023CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
08-50119GBG 41/38 UNITAug 2023ETC TEXAS PIPELINE, LTD.CHEVRON U.S.A. INC.
08-50119GBG 41/38 UNITJul 2023CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
08-50119GBG 41/38 UNITJul 2023CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
08-50119GBG 41/38 UNITJul 2023ETC TEXAS PIPELINE, LTD.CHEVRON U.S.A. INC.
08-50119GBG 41/38 UNITJun 2023CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
08-50119GBG 41/38 UNITJun 2023CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
08-50119GBG 41/38 UNITJun 2023ETC TEXAS PIPELINE, LTD.CHEVRON U.S.A. INC.
08-50119GBG 41/38 UNITMay 2023CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
08-50119GBG 41/38 UNITMay 2023CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
08-50119GBG 41/38 UNITMay 2023ETC TEXAS PIPELINE, LTD.CHEVRON U.S.A. INC.
08-50119GBG 41/38 UNITApr 2023CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
08-50119GBG 41/38 UNITApr 2023CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
08-50119GBG 41/38 UNITApr 2023ETC TEXAS PIPELINE, LTD.CHEVRON U.S.A. INC.
08-50119GBG 41/38 UNITMar 2023CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.