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 - Jun 2024
Total Oil Production6,128,808 BBLs
Total Gas Production11,431,322 MCF
Recent Oil Production25,324 BBLs in May 2024
Recent Gas Production120,521 MCF in May 2024
Wells on Property13

Our Valuation Estimates for GBG 41/38 Unit

ShaleAssessment™

Not Available

MarketMultiple™

$3,709,415 **

* 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 Jun 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 MCFJun 2024
Arch BengeMidland County, TX3,049 BBLs31,251 MCFJun 2024
Artemis 42 06Midland County, TX18,633 BBLs112,323 MCFJun 2024
Back ClaudMidland County, TX86 BBLs395 MCFJun 2024
Bryant G DevonianMidland County, TX0 BBLs0 MCFJan 2022
CB Haley FMidland County, TX28,952 BBLs63,928 MCFJun 2024
Collings H.SMidland County, TX0 BBLs0 MCFApr 2023
Gatlin MaryMidland County, TX353 BBLs3,477 MCFJun 2024
GBG Cerberus 34/39Midland County, TX20,342 BBLs47,754 MCFJun 2024
HaleyMidland County, TX20,988 BBLs61,316 MCFJun 2024
Haley-Reed (Devonian) UnitMidland County, TX23 BBLs1,624 MCFJun 2024
Harrington,A.BMidland County, TX0 BBLs0 MCFJun 2024
HS Collings FMidland County, TX27,801 BBLs66,595 MCFJun 2024
Mary ScharbauerMidland County, TX6,615 BBLs74,636 MCFJun 2024
Parks Field UnitMidland County, TX43,915 BBLs313,594 MCFJun 2024
Parks RoyMidland County, TX141 BBLs8,669 MCFJun 2024
Persephone 42/31Midland County, TX23,218 BBLs114,973 MCFJun 2024
ScharbauerMidland County, TX127,399 BBLs98,617 MCFJun 2024
SkywestMidland County, TX489 BBLs3,306 MCFJun 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
Arco Permian
Berry Oil Comp.
Breitburn Operating, LP
Chevron USA Inc
COG Operating LLC
Cox, John L.
Crownquest Operating, LLC
Encore Operating 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 UNITMar 2024CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
08-50119GBG 41/38 UNITMar 2024CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
08-50119GBG 41/38 UNITMar 2024ETC TEXAS PIPELINE, LTD.CHEVRON U.S.A. INC.
08-50119GBG 41/38 UNITFeb 2024CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
08-50119GBG 41/38 UNITFeb 2024CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
08-50119GBG 41/38 UNITFeb 2024ETC TEXAS PIPELINE, LTD.CHEVRON U.S.A. INC.
08-50119GBG 41/38 UNITJan 2024CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
08-50119GBG 41/38 UNITJan 2024CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
08-50119GBG 41/38 UNITJan 2024ETC TEXAS PIPELINE, LTD.CHEVRON U.S.A. INC.
08-50119GBG 41/38 UNITDec 2023CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
08-50119GBG 41/38 UNITDec 2023CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
08-50119GBG 41/38 UNITDec 2023ETC TEXAS PIPELINE, LTD.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 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.