GBG CRONUS 41-5 C

GBG CRONUS 41-5 C is a Texas oil lease in Midland County, Railroad Commission district 08, operated by Chevron U. S. A. Inc. It has 3 wellbores on file with the Commission. Reported production runs from October 2022 to August 2026, totalling 942,525 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 $465K, with roughly $154K expected over the next twelve months.

OperatorChevron U. S. A. Inc.
FieldSpraberry (Trend Area)
CountyMidland County, Texas
RRC district08
Lease number59109
Wellbores3
Reported production942,525 bbl
First reportedOctober 2022
Last reportedAugust 2026
Estimated royalty value$465K

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.