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Texas oil lease

Producing

GBG CRONUS 41-5 I

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

3 wells

96,672bbl oil, last 12 months−34% vs prior year
Operator
Chevron U. S. A. Inc.
County
Midland County
Field
Spraberry (Trend Area)
RRC lease
08-59436

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
198,675 mcf
Oil in Jul 2026
6,202 bbl

Production by month

Oil output fell 34% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 34% over the last 12 monthsMonthly oil production and gas for GBG CRONUS 41-5 I, Aug 2023 to Jul 2026. Oil output fell 34% over the last 12 months. 96,672 bbl in the 12 months through Jul 2026, against 146,296 bbl in the 12 months before.Last 12 months: 96,672 bblbbl per monthmcf per month0020k20k40k40k60k60k80k80kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 34% over the last 12 monthsMonthly oil production and gas for GBG CRONUS 41-5 I, Aug 2023 to Jul 2026. Oil output fell 34% over the last 12 months. 96,672 bbl in the 12 months through Jul 2026, against 146,296 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 I 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 I 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% · 184,984 mcf

  • Other (5 to 8)

    6.3% · 12,454 mcf

  • Transmission line (2)

    0.4% · 800 mcf

  • Flared (4)

    0.2% · 437 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 I
API numberWell no.Status
42-329-454130254LSActive
42-329-454140255WBActive
42-329-454150256WDActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Enterprise Crude Oil LLCOilGathers50Oct 22, 2022
Enterprise Crude Pipeline LLCOilGathers50Oct 22, 2022
Energy Transfer CompanyCasinghead gasBuys60Oct 22, 2022
Targa Delaware LLCCasinghead gasBuys40Oct 22, 2022
Energy Transfer CompanyCasinghead gasGathers60Oct 22, 2022
Targa Delaware LLCCasinghead gasGathers40Oct 22, 2022

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

Who buys my oilOil price check

813.12 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 I
API numberWell no.Acreson the permit
42-329-454130254LS813.12
42-329-454140255WB813.12
42-329-454150256WD813.12

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 CRONUS 41-5 I
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20266,2026,19215,68414,14833$80.46$2.89
Jun 20267,3337,33718,13216,22347$84.81$3.15
May 20267,9397,93219,89618,44141$102.13$2.94
Apr 20267,9898,05020,00716,8905$100.32$2.77
Mar 20268,7438,71314,85613,49415$91.38$3.04
Feb 20266,6916,6849,5298,58611$64.51$3.62
Jan 20267,5897,60513,90912,85073$60.04$7.72
Dec 20258,3128,29813,82913,06135$57.97$4.26
Nov 202510,25210,25814,18113,71761$60.06$3.79
Oct 20258,4478,41815,77415,53082$60.89$3.19
Sep 20258,6668,65919,18019,1764$63.96$2.97
Aug 20258,5098,51223,69823,66830$64.86$2.91
Jul 202510,06210,07815,86515,85213$68.39$3.20
Jun 202510,63910,65212,66312,6558$68.17$3.02
May 202510,94810,97120,96320,94419$62.17$3.12
Apr 202510,68110,65310,66710,64522$63.54$3.42
Mar 202510,04710,02819,67519,66411$68.24$4.12
Feb 20258,7268,74315,60215,5948$71.53$4.19
Jan 202512,03212,04722,37722,35225$75.74$4.13
Dec 202413,57013,53316,12216,07844$70.12$3.01
Nov 202414,30414,32015,27314,94111$69.95$2.12
Oct 202414,78514,78031,66531,6569$71.99$2.20
Sep 202415,04915,04341,05441,03123$70.24$2.28
Aug 202415,45315,47451,41651,31819$76.68$1.99
Jul 202416,74816,71756,42755,23967$81.80$2.07
Jun 202415,85415,85949,02147,55025$79.77$2.54
May 202418,47618,49546,40544,91768$80.02$2.12
Apr 202417,91517,95139,12438,23628$85.35$1.60
Mar 202422,95922,97057,34756,07629$81.28$1.49
Feb 202425,77425,74261,48160,643169$77.25$1.72
Jan 202430,77330,79263,44161,620501$74.15$3.18
Dec 202333,55433,53966,35064,504312$71.90$2.52
Nov 202334,52134,51942,59341,397222$77.69$2.71
Oct 202335,08335,09031,60530,407177$85.64$2.98
Sep 202342,37442,38231,31330,04284$89.43$2.64
Aug 202351,52551,44440,05938,479121$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.FieldSpraberry (Trend Area)CountyMidland County

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

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Spraberry (Trend Area) field

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