CHEVRON UNIT 03-38
CHEVRON UNIT 03-38 is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Grenadier Energy Partners Ii,Llc. It has 8 wellbores on file with the Commission. Reported production runs from July 2018 to August 2026, totalling 1,387,922 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $157K, with roughly $142K expected over the next twelve months.
| Operator | Grenadier Energy Partners Ii,Llc |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Howard County, Texas |
| RRC district | 08 |
| Lease number | 50992 |
| Wellbores | 8 |
| Reported production | 1,387,922 bbl |
| First reported | July 2018 |
| Last reported | August 2026 |
| Estimated royalty value | $157K |
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal.