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Texas oil lease

Producing

GBG CRONUS 41-5 C

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

3 wells

128,067bbl oil, last 12 months−46% vs prior year
RRC lease
08-59109

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
228,564 mcf
Oil in Jul 2026
8,658 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 C, Aug 2023 to Jul 2026. Oil output fell 46% over the last 12 months. 128,067 bbl in the 12 months through Jul 2026, against 235,435 bbl in the 12 months before.Last 12 months: 128,067 bblbbl per monthmcf per month0020k20k40k40k60k60k80k80kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 46% over the last 12 monthsMonthly oil production and gas for GBG CRONUS 41-5 C, Aug 2023 to Jul 2026. Oil output fell 46% over the last 12 months. 128,067 bbl in the 12 months through Jul 2026, against 235,435 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0020k20k40k40k60k60k80k80kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

93% 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)
93% of the gas went to a processing plant in the last 12 monthsShare of GBG CRONUS 41-5 C gas by disposition code each month, Aug 2023 to Jul 2026. 93% 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
93% of the gas went to a processing plant in the last 12 monthsShare of GBG CRONUS 41-5 C gas by disposition code each month, Aug 2023 to Jul 2026. 93% 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)

    93% · 212,322 mcf

  • Other (5 to 8)

    6.4% · 14,731 mcf

  • Transmission line (2)

    0.4% · 977 mcf

  • Flared (4)

    0.2% · 534 mcf

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

3 wells on this lease

Wells on GBG CRONUS 41-5 C
API numberWell no.Status
42-329-454100251LSActive
42-329-454110252JMActive
42-329-454120253WAActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Enterprise Crude Oil LLCOilGathers50Oct 8, 2022
Enterprise Crude Pipeline LLCOilGathers50Oct 8, 2022
Energy Transfer CompanyCasinghead gasBuys50Oct 8, 2022
Targa Delaware LLCCasinghead gasBuys50Oct 8, 2022
Energy Transfer CompanyCasinghead gasGathers50Oct 8, 2022
Targa Delaware LLCCasinghead gasGathers50Oct 8, 2022

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

818.41 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

    The wells on this lease state different acreage

    The permits state between 813.12 and 818.41 acres. Use the acres from your own division order for the well you are paid on.

  • 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 C
API numberWell no.Acreson the permit
42-329-454100251LS813.12
42-329-454110252JM818.41
42-329-454120253WA818.41

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 C
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20268,6588,63718,78916,94839$80.46$2.89
Jun 20269,2759,27920,17618,05251$84.81$3.15
May 20269,8419,83820,92619,39642$102.13$2.94
Apr 202610,84110,89722,44818,9525$100.32$2.77
Mar 20269,7589,73417,33215,74417$91.38$3.04
Feb 20268,2928,29711,97210,78815$64.51$3.62
Jan 202610,91010,93820,53518,970109$60.04$7.72
Dec 202512,47612,43418,94417,89147$57.97$4.26
Nov 202512,37812,41416,63616,09072$60.06$3.79
Oct 202513,21013,15019,60019,297102$60.89$3.19
Sep 202510,94510,93916,61516,6114$63.96$2.97
Aug 202511,48311,48924,59124,56031$64.86$2.91
Jul 202514,10314,12518,33518,32015$68.39$3.20
Jun 202514,60714,62717,13117,1229$68.17$3.02
May 202515,39215,41929,62729,60027$62.17$3.12
Apr 202514,37514,35914,92214,89131$63.54$3.42
Mar 202516,97316,95132,39932,38217$68.24$4.12
Feb 202516,50516,51632,95132,93417$71.53$4.19
Jan 202518,71418,73931,02230,98834$75.74$4.13
Dec 202421,48521,42521,65921,60257$70.12$3.01
Nov 202422,16622,19719,50319,08114$69.95$2.12
Oct 202424,26024,25945,90945,89712$71.99$2.20
Sep 202426,75826,75568,12668,09036$70.24$2.28
Aug 202430,09730,11966,85466,72725$76.68$1.99
Jul 202428,06228,03660,87759,59573$81.80$2.07
Jun 202437,28537,26062,07960,21731$79.77$2.54
May 202427,74627,80350,88549,25574$80.02$2.12
Apr 202435,08635,12863,16261,72645$85.35$1.60
Mar 202438,19038,20563,07261,67632$81.28$1.49
Feb 202442,02141,97065,00664,120179$77.25$1.72
Jan 202451,17551,20360,98259,231481$74.15$3.18
Dec 202354,36454,35165,28563,469308$71.90$2.52
Nov 202360,27260,28165,12263,294341$77.69$2.71
Oct 202367,22067,22264,65162,200363$85.64$2.98
Sep 202374,96974,95351,19849,120137$89.43$2.64
Aug 202375,19175,06547,27845,414143$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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