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Texas oil lease

Producing

GBG CRONUS 41-5 B

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

1 well

81,463bbl oil, last 12 months−46% vs prior year
RRC lease
08-58557

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
104,163 mcf
Oil in Jul 2026
4,785 bbl

Production by month

Oil output fell 46% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 46% over the last 12 monthsMonthly oil production and gas for GBG CRONUS 41-5 B, Aug 2023 to Jul 2026. Oil output fell 46% over the last 12 months. 81,463 bbl in the 12 months through Jul 2026, against 151,971 bbl in the 12 months before.Last 12 months: 81,463 bblbbl per monthmcf per month0010k25k20k50k30k75k40k100kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 46% over the last 12 monthsMonthly oil production and gas for GBG CRONUS 41-5 B, Aug 2023 to Jul 2026. Oil output fell 46% over the last 12 months. 81,463 bbl in the 12 months through Jul 2026, against 151,971 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0010k25k20k50k30k75k40k100kJan 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 B 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 B 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% · 97,590 mcf

  • Other (5 to 8)

    5.7% · 5,934 mcf

  • Transmission line (2)

    0.4% · 400 mcf

  • Flared (4)

    0.2% · 239 mcf

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

1 well on this lease

Wells on GBG CRONUS 41-5 B
API numberWell no.Status
42-329-455540231WBActive

SourceTexas Railroad Commission Wellbore Query.

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.

  • Good to know

    A pooling certificate (P-12) was filed

    Your tract may share its production with neighbors in a pooled unit. The unit acres the operator uses to divide production can differ from the acreage on one permit.

  • 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 B
API numberWell no.Acreson the permit
42-329-455540231WB476.80
42-329-445670224LS476.80
42-329-445650222WA476.80
42-329-445660223JM476.80

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 B
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20264,7854,7796,3685,74613$80.46$2.89
Jun 20266,0216,0227,9887,14621$84.81$3.15
May 20266,0636,0578,6478,01517$102.13$2.94
Apr 20265,8965,9489,2567,8163$100.32$2.77
Mar 20267,0056,9787,8367,1188$91.38$3.04
Feb 20265,1635,1604,5284,0806$64.51$3.62
Jan 20266,1556,1827,4146,84840$60.04$7.72
Dec 20258,1148,0848,4537,98422$57.97$4.26
Nov 20257,7327,7557,9277,66735$60.06$3.79
Oct 20258,3418,3109,9179,76352$60.89$3.19
Sep 20258,1398,13310,83210,8302$63.96$2.97
Aug 20258,0498,04914,99714,97720$64.86$2.91
Jul 20258,9298,94811,62011,6119$68.39$3.20
Jun 202510,17810,1959,4709,4637$68.17$3.02
May 202511,13011,11819,81919,80217$62.17$3.12
Apr 20256,9926,9977,6897,67217$63.54$3.42
Mar 202510,13310,12717,26017,2519$68.24$4.12
Feb 202511,06511,07917,15417,14410$71.53$4.19
Jan 202513,86113,85616,87116,85120$75.74$4.13
Dec 202411,78911,76913,71013,67436$70.12$3.01
Nov 202416,42016,45112,93312,6539$69.95$2.12
Oct 202420,21620,19832,05032,0428$71.99$2.20
Sep 202417,34917,32940,79940,77821$70.24$2.28
Aug 202413,90913,94539,59439,51815$76.68$1.99
Jul 202419,25119,20948,13047,11757$81.80$2.07
Jun 202415,64715,65435,44034,37818$79.77$2.54
May 202418,75218,78655,07653,31080$80.02$2.12
Apr 202422,67922,70870,33268,73451$85.35$1.60
Mar 202425,07025,07373,54771,91739$81.28$1.49
Feb 202426,00825,97574,90173,880206$77.25$1.72
Jan 202431,10531,12876,48574,290604$74.15$3.18
Dec 202334,96034,94882,70380,402389$71.90$2.52
Nov 202337,34137,33876,50774,359399$77.69$2.71
Oct 202337,59437,58874,83071,993419$85.64$2.98
Sep 202338,65038,59979,41576,192213$89.43$2.64
Aug 202315,40815,50646,38744,558140$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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