GBG 41/38 Unit

Oil & Gas Property in Midland County, TX

Property Summary

Key data points for GBG 41/38 Unit

CountyMidland County, TX
OperatorCHEVRON USA INC
Production DatesJul 2018 - Dec 2023
Total Oil Production5,990,493 BBLs
Total Gas Production10,787,769 MCF
Recent Oil Production28,909 BBLs in Nov 2023
Recent Gas Production133,067 MCF in Nov 2023
Wells on Property13

Our Valuation Estimates for GBG 41/38 Unit

ShaleAssessment

Not Available

MarketMultiple

$4,363,617 **

* 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
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to oil and gas production for GBG 41/38 Unit
from Jul 2018 to Dec 2023

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, TX3,798 BBLs26,427 MCFDec 2023
Artemis 42 06Midland County, TX26,916 BBLs121,732 MCFDec 2023
Back ClaudMidland County, TX297 BBLs1,283 MCFNov 2023
Bryant G DevonianMidland County, TX0 BBLs0 MCFJan 2022
CB Haley FMidland County, TX50,810 BBLs74,110 MCFNov 2023
Collings H.SMidland County, TX0 BBLs0 MCFApr 2023
Gatlin MaryMidland County, TX581 BBLs3,828 MCFDec 2023
GBG Cerberus 34/39Midland County, TX25,554 BBLs47,654 MCFDec 2023
HaleyMidland County, TX21,211 BBLs43,707 MCFNov 2023
Haley-Reed (Devonian) UnitMidland County, TX111 BBLs3,027 MCFDec 2023
Harrington,A.BMidland County, TX0 BBLs0 MCFMay 2023
HS Collings FMidland County, TX44,106 BBLs80,436 MCFNov 2023
Mary ScharbauerMidland County, TX5,544 BBLs57,141 MCFDec 2023
Parks Field UnitMidland County, TX49,729 BBLs285,230 MCFDec 2023
Parks RoyMidland County, TX480 BBLs8,138 MCFDec 2023
Persephone 42/31Midland County, TX29,482 BBLs164,360 MCFDec 2023
ScharbauerMidland County, TX127,922 BBLs418,224 MCFDec 2023
TRD AMidland County, TX0 BBLs0 MCFMar 2022
TRD UnitMidland County, TX325 BBLs771 MCFDec 2023

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.