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Texas oil lease

Producing

GBG 41/38 UNIT

GBG 41/38 Unit is an oil lease in Midland County, Texas, operated by Chevron U. S. A. Inc. in the Parks (Consolidated) field.

12 wells

201,909bbl oil, last 12 months−25% vs prior year
Operator
Chevron U. S. A. Inc.
County
Midland County
Field
Parks (Consolidated)
RRC lease
08-50119

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
1,406,086 mcf
Oil in Jul 2026
12,813 bbl

Production by month

Oil output fell 25% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 25% over the last 12 monthsMonthly oil production and gas for GBG 41/38 UNIT, Aug 2023 to Jul 2026. Oil output fell 25% over the last 12 months. 201,909 bbl in the 12 months through Jul 2026, against 268,638 bbl in the 12 months before.Last 12 months: 201,909 bblbbl per monthmcf per month0010k50k20k100k30k150k40k200kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 25% over the last 12 monthsMonthly oil production and gas for GBG 41/38 UNIT, Aug 2023 to Jul 2026. Oil output fell 25% over the last 12 months. 201,909 bbl in the 12 months through Jul 2026, against 268,638 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0010k50k20k100k30k150k40k200kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

94% of the gas went to a processing plant in the last 12 months

  • Processing plant (3)
  • Transmission line (2)
  • Other (5 to 8)
  • Flared (4)
94% of the gas went to a processing plant in the last 12 monthsShare of GBG 41/38 UNIT gas by disposition code each month, Aug 2023 to Jul 2026. 94% of the gas went to a processing plant in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
94% of the gas went to a processing plant in the last 12 monthsShare of GBG 41/38 UNIT gas by disposition code each month, Aug 2023 to Jul 2026. 94% of the gas went to a processing plant in the last 12 months.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    94% · 1,318,772 mcf

  • Other (5 to 8)

    5.6% · 78,298 mcf

  • Transmission line (2)

    0.4% · 5,572 mcf

  • Flared (4)

    0.2% · 3,444 mcf

0.2% of the gas flared in the last 12 months. No month above 3%.

12 wells on this lease

Wells on GBG 41/38 UNIT
API numberWell no.Status
42-329-418880031WBActive
42-329-418890032LSActive
42-329-418900033WBActive
42-329-418910034LSActive
42-329-418920035WBActive
42-329-418930036LSActive
42-329-422990021WBActive
42-329-423010022LSActive
42-329-423020023WBActive
42-329-423030024LSActive
42-329-423040025WBActive
42-329-423050026LSActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Ngl Crude Assets and Mktg, LLCOilGathers34Aug 1, 2025–
Enterprise Crude Oil LLCOilGathers33Aug 1, 2019–
Enterprise Crude Pipeline LLCOilGathers33Aug 1, 2025–
Chevron U. S. A. Inc.Casinghead gasBuys100Jan 13, 2018–
Chevron U. S. A. Inc.Casinghead gasGathers100Jan 13, 2018–
Enterprise Crude Pipeline LLCOilGathers34Aug 1, 2019Aug 1, 2025
Ngl Crude Logistics, LLCOilGathers33Aug 1, 2019Aug 1, 2025
Enterprise Crude Oil LLCOilGathers25Jan 13, 2018Aug 1, 2019
Enterprise Crude Pipeline LLCOilGathers25Jan 13, 2018Aug 1, 2019
Knowles Transportation, LLCOilGathers25Jan 13, 2018Aug 1, 2019
Ngl Crude Logistics, LLCOilGathers25Jan 13, 2018Aug 1, 2019

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

Who buys my oilOil price check

1,150.10 acres on the newest permit

  • Good to know

    The wells on this lease state different acreage

    The permits state between 899.15 and 1,799 acres. Use the acres from your own division order for the well you are paid on.

  • Good to know

    13 wells are listed on this lease

    Each well can have its own unit. The decimal for one well does not have to equal the decimal for another.

Check your decimal on this lease
Permits for GBG 41/38 Unit
API numberWell no.Acreson the permit
42-329-422990021WB1,150.10
42-329-423010022LS1,150.10
42-329-423020023WB1,150.10
42-329-423030024LS1,150.10
42-329-423040025WB1,150.10
42-329-423050026LS1,150.10
42-329-418930036LS899.15
42-329-418880031WB1,150.10
42-329-418890032LS982.82
42-329-418900033WB982.82
42-329-418910034LS982.82
42-329-418920035WB899.15

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

Unit decimal checker

What Chevron Corporation told investors it received

Chevron U. S. A. Inc. is linked to Chevron Corporation (CVX).
Realized prices reported by Chevron Corporation
QuarterOil$ per bblFiling
Q2 2026$99.38SEC filing
Q2 2026$95.66SEC filing
Q1 2026$80.12SEC filing
Q1 2026$68.83SEC filing
Q4 2025–SEC filing
Q4 2025–SEC filing

SourceChevron Corporation quarterly reports, SEC EDGAR, company-wide averages before hedging.

Estimate your royalty

36 months, newest first

Ledger for GBG 41/38 UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202612,81312,77495,07485,769202$80.46$2.89
Jun 202611,44711,66791,81182,191177$84.81$3.15
May 202615,57815,337116,184107,690230$102.13$2.94
Apr 202612,62212,67184,11171,01322$100.32$2.77
Mar 202611,66411,72688,28180,18683$91.38$3.04
Feb 202612,39212,38692,84083,656107$64.51$3.62
Jan 202618,50618,424118,919109,855632$60.04$7.72
Dec 202519,97919,954132,236124,890332$57.97$4.26
Nov 202520,23220,330152,861147,855657$60.06$3.79
Oct 202521,51921,493148,807146,498781$60.89$3.19
Sep 202522,22122,222143,535143,50035$63.96$2.97
Aug 202522,93622,952141,427141,241186$64.86$2.91
Jul 202523,07623,136140,237140,125112$68.39$3.20
Jun 202522,82022,804155,707155,61097$68.17$3.02
May 202522,13922,062137,576137,450126$62.17$3.12
Apr 202520,66220,761116,055115,811244$63.54$3.42
Mar 202523,61523,641122,000121,93268$68.24$4.12
Feb 202518,62918,512103,598103,54157$71.53$4.19
Jan 202522,08022,076133,984133,832152$75.74$4.13
Dec 202421,57721,636142,086141,713373$70.12$3.01
Nov 202422,28122,305131,734128,86093$69.95$2.12
Oct 202424,17524,194122,530122,49634$71.99$2.20
Sep 202424,11524,053117,554117,49163$70.24$2.28
Aug 202423,46923,399124,933124,69548$76.68$1.99
Jul 202424,39424,50596,64794,612115$81.80$2.07
Jun 202423,45423,372103,146100,05353$79.77$2.54
May 202425,32425,418119,332115,506174$80.02$2.12
Apr 202423,40923,392101,27198,97173$85.35$1.60
Mar 202418,33518,31399,03496,84151$81.28$1.49
Feb 202424,08624,07795,91794,610264$77.25$1.72
Jan 202423,81723,811116,864113,508924$74.15$3.18
Dec 202328,98328,987133,932130,207632$71.90$2.52
Nov 202328,90929,007132,605128,884694$77.69$2.71
Oct 202325,42025,283122,521117,876689$85.64$2.98
Sep 202327,67827,779138,292132,679370$89.43$2.64
Aug 202330,19030,107142,417136,804429$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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Nearby

This lease belongs to

OperatorChevron U. S. A. Inc.FieldParks (Consolidated)CountyMidland County

Chevron U. S. A. Inc. in Midland County

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Parks (Consolidated) field

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