Gem 8

Oil & Gas Property in Kern County, CA

  2. California
  3. Kern County, CA
  4. Oil & Gas Properties in Kern County, CA
  5. Gem 8 Oil & Gas Property

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Property Summary

Key data points for Gem 8

CountyKern County, CA
OperatorCHEVRON USA INC
Production DatesOct 1996 - Dec 2024
Total Oil Production162,077 BBLs
Total Gas Production5,318 MCF
Recent Oil Production10 BBLs in Nov 2024
Recent Gas Production2 MCF in Nov 2024
Wells on Property4

Our Valuation Estimates for Gem 8

ShaleAssessment™

$3,764 *

MarketMultiple™

$1,646 **

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

Based on a decimal interest

Gem 8 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Gem 8
from Oct 1996 to Dec 2024

Wells on Gem 8

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
04-029-43948Gem 8Chevron U.S.A. Inc.IdleKern County, CA35.209740-119.588898
04-030-05935Gem 800Chevron U.S.A. Inc.IdleKern County, CA35.209766-119.589188
04-030-11889Gem 802Chevron U.S.A. Inc.ActiveKern County, CA35.209736-119.588646
04-030-11890Gem 804Chevron U.S.A. Inc.IdleKern County, CA35.209637-119.588104

Nearby Properties

These are the closest 20 properties to the Gem 8 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
AmberKern County, CA2,167 BBLs400 MCFDec 2024
ArmstrongKern County, CA0 BBLs0 MCFDec 1993
BrunswickKern County, CA193 BBLs4 MCFDec 2024
CombinedKern County, CA355 BBLs93 MCFDec 2024
DomeKern County, CA8,492 BBLs5,507 MCFDec 2024
Dome-TumbadorKern County, CA3,331 BBLs2,000 MCFDec 2024
Gem 1Kern County, CA0 BBLs0 MCFMar 1998
Gem 9Kern County, CA0 BBLs0 MCFMar 1998
MaxwellKern County, CA24,228 BBLs2,452 MCFDec 2024
McDonaldKern County, CA372 BBLs56 MCFDec 2024
PyramidKern County, CA15 BBLs4 MCFDec 2024
RewardKern County, CA1,465 BBLs74 MCFDec 2024
SoudanKern County, CA349 BBLs47 MCFDec 2024
StarKern County, CA613 BBLs158 MCFDec 2024
TumbadorKern County, CA13,171 BBLs4,765 MCFDec 2024
Usl GKern County, CA18,874 BBLs1,039 MCFDec 2024
W & S 14Kern County, CA494 BBLs68 MCFDec 2024
W & S 50Kern County, CA709 BBLs97 MCFDec 2024
W & S 59Kern County, CA512 BBLs70 MCFDec 2024
WierKern County, CA1,644 BBLs316 MCFDec 2024

Companies in the Area

These are the closest 20 companies operating near the Gem 8 property.

Company Name
Aera Energy LLC
Arco Oil & Gas Company
Arco Western Energy Co.
Berry Petroleum Company LLC
California Resources Production Corporation
Chevron USA Inc
Crimson Resource Management Corp.
Dwayne'S Engineering
Freeport-McMoran Oil & Gas LLC
Linn Western Operating Inc.
McFarland Energy, Inc.
Mobil Oil Corporation
Monterey Resources Inc.
Occidental Petroleum Corporation
Oryx Energy Company
Seneca Resources Co LLC
Sentinel Peak Resources California LLC
Shell Western E&P Inc.
Union Oil Co Of California
Victory Oil Company LLC