GBG REEDY 13/25 UNIT

GBG REEDY 13/25 UNIT is a Texas oil lease in Midland County, Railroad Commission district 08, operated by Chevron U. S. A. Inc. It has 17 wellbores on file with the Commission. Reported production runs from January 2020 to August 2026, totalling 7,204,013 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $51.0M, with roughly $24.1M expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 40,330 barrels a month, about 2,372 per wellbore. Its strongest month on the record we hold was March 2022, at 437,821 barrels. In our own backtest, leases producing at this rate are forecast to within about 18% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.

Key facts about GBG REEDY 13/25 UNIT

Who operates GBG REEDY 13/25 UNIT?: GBG REEDY 13/25 UNIT is operated by Chevron U. S. A. Inc., Railroad Commission of Texas operator number 148113.
Where is GBG REEDY 13/25 UNIT?: GBG REEDY 13/25 UNIT is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 54568.
Is GBG REEDY 13/25 UNIT still producing?: GBG REEDY 13/25 UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GBG REEDY 13/25 UNIT is August 2026.
How much has GBG REEDY 13/25 UNIT produced?: GBG REEDY 13/25 UNIT has reported 7,204,013 barrels of oil (bbl) to the Railroad Commission of Texas between January 2020 and August 2026, from 17 wellbores.
How much is GBG REEDY 13/25 UNIT worth?: The remaining production from GBG REEDY 13/25 UNIT is estimated to be worth about $51.0M in total as of 26 August 2026, within a range of $41.8M to $60.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GBG REEDY 13/25 UNIT is a fraction of it. The estimate fits an Arps decline curve to the production GBG REEDY 13/25 UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GBG REEDY 13/25 UNIT is an estimate of value, not an offer and not an appraisal.
How much income does GBG REEDY 13/25 UNIT generate in a year?: GBG REEDY 13/25 UNIT is forecast to net about $24.1M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GBG REEDY 13/25 UNIT receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

GBG REEDY 13/25 UNIT as filed with the Railroad Commission of Texas
Operator	Chevron U. S. A. Inc.
Field	Parks (Consolidated)
County	Midland County, Texas
RRC district	08
Lease number	54568
Wellbores	17
Reported production	7,204,013 bbl
First reported	January 2020
Last reported	August 2026
Estimated royalty value	$51.0M

Where GBG REEDY 13/25 UNIT sits

Source: Railroad Commission of Texas lease production records, complete through August 2026. Figures on this page were computed on 26 August 2026.

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. How this estimate is calculated.