Chevron Unit 03

Oil & Gas Property in Howard County, TX

Property Summary

Key data points for Chevron Unit 03

CountyHoward County, TX
OperatorSURGE OPERATING, LLC
Production DatesJul 2018 - Sep 2024
Total Oil Production1,472,803 BBLs
Total Gas Production2,259,774 MCF
Recent Oil Production16,281 BBLs in Aug 2024
Recent Gas Production58,439 MCF in Aug 2024
Wells on Property15

Our Valuation Estimates for Chevron Unit 03

ShaleAssessment

Not Available

MarketMultiple

$2,520,949 **

* 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 Sep 2024

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, LLCHorizontal Well Surface LocatioHoward County, TX32.377055-101.355403
42-227-42611CHEVRON UNIT 03-56 5MHSURGE OPERATING, LLCHorizontal Well Surface LocatioHoward County, TX32.377089-101.355246
42-227-42612CHEVRON UNIT 03-56 5AHSURGE OPERATING, LLCHorizontal Well Surface LocatioHoward County, TX32.377072-101.355324
42-227-42613CHEVRON UNIT 03-56 5SHSURGE OPERATING, LLCHorizontal Well Surface LocatioHoward County, TX32.377106-101.355168
42-227-42614CHEVRON UNIT 03-56 6AHSURGE OPERATING, LLCHorizontal Well Surface LocatioHoward County, TX32.377124-101.355089
42-227-42615CHEVRON UNIT 03-38 3AHSURGE OPERATING, LLCHorizontal Well Surface LocatioHoward County, TX32.376287-101.359363
42-227-42616CHEVRON UNIT 03-38 3SHSURGE OPERATING, LLCHorizontal Well Surface LocatioHoward County, TX32.376304-101.359285
42-227-42617CHEVRON UNIT 03-38 3MHSURGE OPERATING, LLCHorizontal Well Surface LocatioHoward County, TX32.376269-101.359441
42-227-42618CHEVRON UNIT 03-38 4AHSURGE OPERATING, LLCHorizontal Well Surface LocatioHoward County, TX32.376340-101.359128
42-227-42619CHEVRON UNIT 03-38 4MHSURGE OPERATING, LLCHorizontal Well Surface LocatioHoward 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, TX7,506 BBLs21,388 MCFSep 2024
BirkheadHoward County, TX0 BBLs0 MCFJul 2012
BuchananHoward County, TX256 BBLs0 MCFSep 2024
Cathey 16Howard County, TX0 BBLs0 MCFJul 2023
Cathey 2Howard County, TX528 BBLs0 MCFSep 2024
Conroe 15-22Howard County, TX4,799 BBLs84 MCFAug 2024
Far Country 12-13-24Howard County, TX1,554 BBLs758 MCFSep 2024
Forlorn Cowboy 14-23Howard County, TX3,780 BBLs6,827 MCFSep 2024
Formula One 9-16-21Howard County, TX14,737 BBLs72,975 MCFSep 2024
Fort Knox 11-2Howard County, TX9,644 BBLs67,848 MCFSep 2024
Fortress Of Solitude 16-9-4Howard County, TX23,560 BBLs84,341 MCFSep 2024
Jackpot 55-42Howard County, TX11,625 BBLs67,617 MCFSep 2024
Madison 04Howard County, TX14,548 BBLs45,392 MCFSep 2024
Midland 15-10Howard County, TX1,947 BBLs20 MCFAug 2024
Mortal Storm 12-13-24Howard County, TX2,004 BBLs7,719 MCFSep 2024
Mr. Hobbs 11-14Howard County, TX5,354 BBLs19,775 MCFSep 2024
MusgroveHoward County, TX3,474 BBLs2,323 MCFSep 2024
Shenandoah 11-2-58Howard County, TX3,653 BBLs16,253 MCFSep 2024
Thomas 8Howard County, TX182 BBLs2,014 MCFSep 2024
Wise 10Howard County, TX446 BBLs0 MCFSep 2024

Owners of Chevron Unit 03

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024SURGE OPERATING LLCCHEVRON 3-56 UNITSURGE OPERATING, LLC
2024SURGE OPERATING LLCCHEVRON 3-38 WOLFCAMPSURGE OPERATING, LLC
2024CHEVRON ADVANTAGE, INC.CHEVRON 3-56 UNITSURGE OPERATING, LLC
2024CHEVRON ADVANTAGE, INC.CHEVRON 3-38 WOLFCAMPSURGE OPERATING, LLC
2024ROBERTS DORA REHAB CENTERCHEVRON 3-56 UNITSURGE OPERATING, LLC
2024ROBERTS DORA REHAB CENTERCHEVRON 3-38 WOLFCAMPSURGE OPERATING, LLC
2024BUCHANAN WOW LLCCHEVRON 3-38 WOLFCAMPSURGE OPERATING, LLC
2024MITCHELL NATHA & WAYNE FAM LPCHEVRON 3-56 UNITSURGE OPERATING, LLC
Displaying 8 of 79 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 03-56Aug 2024DK TRADING & SUPPLY, LLCSURGE OPERATING, LLC
08-50992CHEVRON UNIT 03-38Aug 2024DK TRADING & SUPPLY, LLCSURGE OPERATING, LLC
08-50992CHEVRON UNIT 03-38Jul 2024DK TRADING & SUPPLY, LLCSURGE OPERATING, LLC
08-50992CHEVRON UNIT 03-38Jul 2024WTG GAS PROCESSING, L.P.SURGE OPERATING, LLC
08-55261CHEVRON UNIT 03-56Jul 2024DK TRADING & SUPPLY, LLCSURGE OPERATING, LLC
08-55261CHEVRON UNIT 03-56Jul 2024WTG GAS PROCESSING, L.P.SURGE OPERATING, LLC
08-50992CHEVRON UNIT 03-38Jun 2024WTG GAS PROCESSING, L.P.SURGE OPERATING, LLC
08-55261CHEVRON UNIT 03-56Jun 2024DK TRADING & SUPPLY, LLCSURGE OPERATING, LLC
08-55261CHEVRON UNIT 03-56Jun 2024WTG GAS PROCESSING, L.P.SURGE OPERATING, LLC
08-50992CHEVRON UNIT 03-38Jun 2024DK TRADING & SUPPLY, LLCSURGE OPERATING, LLC
08-50992CHEVRON UNIT 03-38May 2024WTG GAS PROCESSING, L.P.SURGE OPERATING, LLC
08-55261CHEVRON UNIT 03-56May 2024DK TRADING & SUPPLY, LLCSURGE OPERATING, LLC
08-50992CHEVRON UNIT 03-38May 2024DK TRADING & SUPPLY, LLCSURGE OPERATING, LLC
08-55261CHEVRON UNIT 03-56May 2024WTG GAS PROCESSING, L.P.SURGE OPERATING, LLC
08-50992CHEVRON UNIT 03-38Apr 2024DK TRADING & SUPPLY, LLCSURGE OPERATING, LLC
08-50992CHEVRON UNIT 03-38Apr 2024WTG GAS PROCESSING, L.P.SURGE OPERATING, LLC
08-55261CHEVRON UNIT 03-56Apr 2024DK TRADING & SUPPLY, LLCSURGE OPERATING, LLC
08-55261CHEVRON UNIT 03-56Apr 2024WTG GAS PROCESSING, L.P.SURGE OPERATING, LLC
08-55261CHEVRON UNIT 03-56Mar 2024DK TRADING & SUPPLY, LLCSURGE OPERATING, LLC
08-55261CHEVRON UNIT 03-56Mar 2024WTG GAS PROCESSING, L.P.SURGE OPERATING, LLC
08-50992CHEVRON UNIT 03-38Mar 2024DK TRADING & SUPPLY, LLCSURGE OPERATING, LLC
08-50992CHEVRON UNIT 03-38Mar 2024WTG GAS PROCESSING, L.P.SURGE OPERATING, LLC
08-50992CHEVRON UNIT 03-38Feb 2024WTG GAS PROCESSING, L.P.SURGE OPERATING, LLC
08-55261CHEVRON UNIT 03-56Feb 2024DK TRADING & SUPPLY, LLCSURGE OPERATING, LLC
08-50992CHEVRON UNIT 03-38Feb 2024DK TRADING & SUPPLY, LLCSURGE OPERATING, LLC