GBG CERBERUS 34/39 UNIT

GBG CERBERUS 34/39 UNIT is a Texas oil lease in Midland County, Railroad Commission district 08, operated by Chevron U. S. A. Inc. It has 12 wellbores on file with the Commission. Reported production runs from September 2019 to August 2026, totalling 3,631,358 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 $550K, with roughly $203K expected over the next twelve months.

OperatorChevron U. S. A. Inc.
FieldParks (Consolidated)
CountyMidland County, Texas
RRC district08
Lease number53675
Wellbores12
Reported production3,631,358 bbl
First reportedSeptember 2019
Last reportedAugust 2026
Estimated royalty value$550K

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.