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Texas oil lease

Producing

GBG CRONUS 41-5 A

GBG Cronus 41-5 A is an oil lease in Midland County, Texas, operated by Chevron U. S. A. Inc. in the Spraberry (Trend Area) field.

Oil lease dossier

22,618bbl oil, last 12 months−31% vs prior year
RRC lease
08-58604

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
17,929 mcf
Oil in Jul 2026
1,765 bbl

Production by month

Oil output fell 31% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 31% over the last 12 monthsMonthly oil production and gas for GBG CRONUS 41-5 A, Aug 2023 to Jul 2026. Oil output fell 31% over the last 12 months. 22,618 bbl in the 12 months through Jul 2026, against 32,995 bbl in the 12 months before.Last 12 months: 22,618 bblbbl per monthmcf per month002,0005,0004,00010k6,00015k8,00020kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 31% over the last 12 monthsMonthly oil production and gas for GBG CRONUS 41-5 A, Aug 2023 to Jul 2026. Oil output fell 31% over the last 12 months. 22,618 bbl in the 12 months through Jul 2026, against 32,995 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002,0005,0004,00010k6,00015k8,00020kJan 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 CRONUS 41-5 A 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 CRONUS 41-5 A 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% · 16,847 mcf

  • Other (5 to 8)

    5.5% · 986 mcf

  • Transmission line (2)

    0.4% · 63 mcf

  • Flared (4)

    0.2% · 33 mcf

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

Wells on this lease

No wells are linked to this lease in our data

Production is still reported at lease level.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Enterprise Crude Oil LLCOilGathers50May 14, 2022
Enterprise Crude Pipeline LLCOilGathers50May 14, 2022
Targa Delaware LLCCasinghead gasBuys100May 14, 2022
Targa Delaware LLCCasinghead gasGathers100May 14, 2022

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

476.80 acres on the newest permit

  • Worth asking

    A production sharing agreement well is on this lease

    A production sharing agreement divides production by a method the agreement sets. Ask the operator for the agreement and the tract percentage it gives your land.

  • Worth asking

    A Rule 37 case is listed

    The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.

Check your decimal on this lease
Permits for GBG Cronus 41-5 A
API numberWell no.Acreson the permit
42-329-445610221LS476.80

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

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 CRONUS 41-5 A
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20261,7651,7611,4261,2863$80.46$2.89
Jun 20262,0222,0231,3141,1763$84.81$3.15
May 20262,1702,1692,1391,9834$102.13$2.94
Apr 20262,3682,3812,1191,7891$100.32$2.77
Mar 20262,1582,1449388521$91.38$3.04
Feb 20261,0821,0832942650$64.51$3.62
Jan 20261,3791,3845274873$60.04$7.72
Dec 20251,7951,7891,0229663$57.97$4.26
Nov 20251,7331,7405405222$60.06$3.79
Oct 20252,0442,0371,2851,2657$60.89$3.19
Sep 20252,1132,1112,7372,7361$63.96$2.97
Aug 20251,9891,9893,5883,5835$64.86$2.91
Jul 20252,4102,4141,0801,0791$68.39$3.20
Jun 20252,4952,4999719710$68.17$3.02
May 20252,6422,6441,6751,6732$62.17$3.12
Apr 20252,2662,2621241240$63.54$3.42
Mar 20252,4522,4498778761$68.24$4.12
Feb 20252,3832,3871,0511,0501$71.53$4.19
Jan 20253,1283,1287167151$75.74$4.13
Dec 20242,9152,9065,8485,83315$70.12$3.01
Nov 20242,7042,7081,0129901$69.95$2.12
Oct 20243,0213,0181,9931,9921$71.99$2.20
Sep 20242,4492,4533,4043,4022$70.24$2.28
Aug 20244,1304,1286,1886,1762$76.68$1.99
Jul 20242,7282,7264,5184,4235$81.80$2.07
Jun 20243,5253,5266,5476,3513$79.77$2.54
May 20244,3884,3938,8698,58513$80.02$2.12
Apr 20244,3414,3447,7587,5826$85.35$1.60
Mar 20244,1164,1137,2617,1004$81.28$1.49
Feb 20243,4763,4756,3426,25617$77.25$1.72
Jan 20245,3705,3769,8089,52678$74.15$3.18
Dec 20236,9076,90313,31412,94463$71.90$2.52
Nov 20236,7376,73712,15311,81263$77.69$2.71
Oct 20237,2097,20810,2679,87858$85.64$2.98
Sep 20237,3257,3238,1917,85922$89.43$2.64
Aug 20236,9997,0046,9836,70821$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

Spraberry (Trend Area) field

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New drilling permits in Midland County

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