Chevron University 3

Oil & Gas Property in Winkler County, TX

Property Summary

Key data points for Chevron University 3

CountyWinkler County, TX
Production DatesJul 1996 - Jan 2024
Total Oil Production123,713 BBLs
Total Gas Production74,425 MCF
Recent Oil Production122 BBLs in Dec 2023
Recent Gas Production0 MCF in Dec 2023
Wells on Property4

Our Valuation Estimates for Chevron University 3

ShaleAssessment

$8,880 *

MarketMultiple

$22,340 **

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

Based on a decimal interest

Chevron University 3 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Chevron University 3
from Jul 1996 to Jan 2024

Wells on Chevron University 3

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-495-32538CHEVRON UNIVERSITY 37 1BASIN OIL & GAS OPERATING, LLCProducingWinkler County, TX31.689341-103.168694
42-495-32585CHEVRON UNIVERSITY "35" 1CHEVRON U. S. A. INC.Plugged Oil WellWinkler County, TX31.712183-103.185764
42-495-32590CHEVRON UNIVERSITY 37 2BASIN OIL & GAS OPERATING, LLCProducingWinkler County, TX31.690485-103.164663
42-495-32635CHEVRON UNIVERSITY "37" 3CHEVRON U. S. A. INC.Horizontal Well Surface LocatioWinkler County, TX31.697147-103.170910

Leases included in Chevron University 3

Lease #Lease NameOperatorCountyMonthly Oil Prod.
08-35046CHEVRON UNIVERSITY "37"BASIN OIL & GAS OPERATING, LLCWinkler County, TX
08-35120CHEVRON UNIVERSITY "35"WESTPORT OIL AND GAS COMPANY, LPWinkler County, TX
08-35310CHEVRON UNIVERSITY "35"KERR-MCGEE OIL & GAS ONSHORE LPWinkler County, TX

Nearby Properties

These are the closest 20 properties to the Chevron University 3 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
HackberryWinkler County, TX2,352 BBLs3,763 MCFJan 2024
HendrickWinkler County, TX64 BBLs0 MCFJan 2024
Hutchings-SealyWinkler County, TX0 BBLs0 MCFOct 2023
RK-Utl 3031Ward County, TX4,621 BBLs5,291 MCFJan 2024
Ul 21 War-WinkWinkler County, TX45,482 BBLs53,632 MCFDec 2023
Ul 21 YellowtailWinkler County, TX3,406 BBLs2,919 MCFJan 2024
Ul American Basin 14-21Winkler County, TX560 BBLs3,525 MCFJan 2024
Ul Baldwin 352623-21Winkler County, TX34,217 BBLs85,522 MCFJan 2024
Ul Elk Park 21-21Winkler County, TX497 BBLs188 MCFJan 2024
Ul Fourth Of JulyWinkler County, TX53,058 BBLs66,138 MCFJan 2024
Ul Maroon 0904-21Winkler County, TX27,717 BBLs33,967 MCFJan 2024
Ul Mill 3427-21Winkler County, TX30,742 BBLs36,910 MCFJan 2024
Ul Spruce 1621-21Winkler County, TX62,936 BBLs69,518 MCFJan 2024
Ul Sunshine Mesa 2Winkler County, TX32,792 BBLs55,833 MCFJan 2024
Ul Urad 1609-21Winkler County, TX1,045 BBLs790 MCFJan 2024
Ul YellowtailWinkler County, TX49,144 BBLs56,558 MCFJan 2024
Utl 3748 37Winkler County, TX16,550 BBLs417,104 MCFJan 2024
Utl 4Winkler County, TX47,783 BBLs57,870 MCFJan 2024
Utl LJ Beldin 1211-17Ward County, TX10,699 BBLs17,648 MCFJan 2024
Wink AirportWinkler County, TX0 BBLs1,471 MCFJan 2024

Owners of Chevron University 3

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2023BASIN OIL & GAS OPERATING LLCCHEVRON UNIVERSITY-37-BAFII PERMIAN LLC
2023UNIVERSITY OF TEXAS PUF LANDSCHEVRON UNIVERSITY-37-BAFII PERMIAN LLC

Oil & Gas Sales on Chevron University 3

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-35046CHEVRON UNIVERSITY "37"Nov 2023OCCIDENTAL ENERGY MARKETING, INC.MECO IV, LLC
08-35046CHEVRON UNIVERSITY "37"Oct 2023OCCIDENTAL ENERGY MARKETING, INC.MECO IV, LLC
08-35046CHEVRON UNIVERSITY "37"Sep 2023OCCIDENTAL ENERGY MARKETING, INC.MECO IV, LLC
08-35046CHEVRON UNIVERSITY "37"Aug 2023OCCIDENTAL ENERGY MARKETING, INC.MECO IV, LLC
08-35046CHEVRON UNIVERSITY "37"Jun 2023OCCIDENTAL ENERGY MARKETING, INC.MECO IV, LLC
08-35046CHEVRON UNIVERSITY "37"May 2023OCCIDENTAL ENERGY MARKETING, INC.MECO IV, LLC
08-35046CHEVRON UNIVERSITY "37"Mar 2023OCCIDENTAL ENERGY MARKETING, INC.MECO IV, LLC
08-35046CHEVRON UNIVERSITY "37"Jan 2023OCCIDENTAL ENERGY MARKETING, INC.MECO IV, LLC
08-35046CHEVRON UNIVERSITY "37"Dec 2022OCCIDENTAL ENERGY MARKETING, INC.MECO IV, LLC
08-35046CHEVRON UNIVERSITY "37"Mar 2022OCCIDENTAL ENERGY MARKETING, INC.MECO IV, LLC
08-35046CHEVRON UNIVERSITY "37"Nov 2021OCCIDENTAL ENERGY MARKETING, INC.MECO IV, LLC
08-35046CHEVRON UNIVERSITY "37"Aug 2021GIBSON ENERGY MARKETING, LLCMECO IV, LLC
08-35046CHEVRON UNIVERSITY "37"Mar 2021GIBSON ENERGY MARKETING, LLCMECO IV, LLC
08-35046CHEVRON UNIVERSITY "37"Nov 2020GIBSON ENERGY MARKETING, LLCMECO IV, LLC
08-35046CHEVRON UNIVERSITY "37"Aug 2020GIBSON ENERGY MARKETING, LLCMECO IV, LLC
08-35046CHEVRON UNIVERSITY "37"Jul 2020GIBSON ENERGY MARKETING, LLCMECO IV, LLC
08-35046CHEVRON UNIVERSITY "37"Feb 2020GIBSON ENERGY MARKETING, LLCMECO IV, LLC
08-35046CHEVRON UNIVERSITY "37"Jul 2019VITOL INC.MECO IV, LLC
08-35046CHEVRON UNIVERSITY "37"May 2019VITOL INC.MECO IV, LLC
08-35046CHEVRON UNIVERSITY "37"Mar 2019VITOL INC.MECO IV, LLC
08-35046CHEVRON UNIVERSITY "37"Dec 2018VITOL INC.MECO IV, LLC
08-35046CHEVRON UNIVERSITY "37"Nov 2018VITOL INC.MECO IV, LLC
08-35046CHEVRON UNIVERSITY "37"Aug 2018VITOL INC.MECO IV, LLC
08-35046CHEVRON UNIVERSITY "37"Jul 2018VITOL INC.MECO IV, LLC
08-35046CHEVRON UNIVERSITY "37"Apr 2018VITOL INC.MECO IV, LLC