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Royalty Clerk

Texas oil lease · RRC district 08 · Lease 54568

Producing

GBG REEDY 13/25 UNIT

GBG Reedy 13/25 Unit is an oil lease in Midland County, Texas, operated by Chevron U. S. A. Inc. in the Parks (Consolidated) field. The Railroad Commission shows 442,630 bbl of oil in the 12 months through Jul 2026.

Oil lease dossier · 17 wells

442,630bbl oil, last 12 months−33% vs prior year
Operator
Chevron U. S. A. Inc.
County
Midland County
Field
Parks (Consolidated)
RRC lease
08-54568

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County · RRC district 08Open Midland County →
Gas, last 12 months
4,262,075 mcf
Oil in Jul 2026
35,552 bbl
Reporting to the state
since Nov 2021
Wells
17

Production

Month by month, from the state record

What the Railroad Commission says this oil lease produced. Oil is in barrels (bbl). Gas is in thousand cubic feet (mcf).

Oil output fell 33% over the last 12 months

442,630 bbl in the 12 months through Jul 2026, against 658,466 bbl in the 12 months before.

  • Oil (bars, left axis)
  • Gas (line, right axis)
  • Last 12 months
Oil output fell 33% over the last 12 monthsMonthly oil production and gas for GBG REEDY 13/25 UNIT, Aug 2023 to Jul 2026. Oil output fell 33% over the last 12 months. 442,630 bbl in the 12 months through Jul 2026, against 658,466 bbl in the 12 months before.Last 12 months: 442,630 bblbbl per monthmcf per month0025k200k50k400k75k600k100k800k125k1MOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 33% over the last 12 monthsMonthly oil production and gas for GBG REEDY 13/25 UNIT, Aug 2023 to Jul 2026. Oil output fell 33% over the last 12 months. 442,630 bbl in the 12 months through Jul 2026, against 658,466 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0025k200k50k400k75k600k100k800k125k1MJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, oil lease 54568, district 08. Reported through Jul 2026. The state revises recent months.

Gas disposition

Where the gas went

Every month the operator tells the state where each mcf of gas went, using a code. The code decides how your gas is paid.

93% of the gas went to a processing plant in the last 12 months

Each bar is one month. Colors are the disposition codes the operator reported.

  • 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 REEDY 13/25 UNIT 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 REEDY 13/25 UNIT 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, gas disposition by code, lease 54568, district 08. Reported through Jul 2026.

Processing plant (3)

Sent to a gas plant that pulls out natural gas liquids. Your statement should show plant products, and may show processing fees.

Transmission line (2)

Sold straight into a pipeline without processing. Processing fees on your statement would be worth asking about.

Other (5 to 8)

Gas lift, repressure, carbon black or another use the operator reported.

Flared (4)

Burned off or vented, not sold. It pays no royalty. More than 3% in a month is worth watching.

Over the last 12 months, 0.2% of the gas was flared. No month went above 3%.

Operator history

Who has run this lease

The operator runs the wells and pays your royalty. When the operator changes, payments often slip for a month or two.

Chevron U. S. A. Inc. has reported this lease for the whole period

No change of operator in the months we hold.

Operators of this lease over timeChevron U. S. A. Inc., Nov 2021 to Jul 202620222023202420252026Chevron U. S. A. Inc.Nov 2021 to nowthrough Jul 2026
Operators of this lease over timeChevron U. S. A. Inc., Nov 2021 to Jul 202620222023202420252026Chevron U. S. A. Inc.Nov 2021 to nowthrough Jul 2026

SourceTexas Railroad Commission Production Data Query, operator by month. Reported through Jul 2026.

Wells

17 wells on this lease

Every well the Railroad Commission links to oil lease 54568 in district 08. The API number is the state’s ID for a well.
Wells on GBG REEDY 13/25 UNIT
API numberWell no.Status
42-329-437930191LSActive
42-329-437940192WAActive
42-329-437950193WBActive
42-329-437960194LSShut-in
42-329-437970195WAActive
42-329-437980181WBActive
42-329-437990211LSActive
42-329-438000212WAActive
42-329-438010214LSActive
42-329-438020213WBActive
42-329-438030182LSActive
42-329-438040183WAActive
42-329-438050201WBActive
42-329-438060202LSActive
42-329-438070203WAActive
42-329-438080204WBActive
42-329-438090184WBActive

SourceTexas Railroad Commission Wellbore Query, district 08, lease 54568.

Estimator

Estimate your royalty for this lease

A rough check before you look at a statement: the state volumes times your decimal, priced at WTI and Henry Hub.

Estimator

What could your check be?

Your decimal interest is the small number on your division order that says what share of the whole lease (8/8ths) is yours. Type it in and we apply it to what the state says GBG REEDY 13/25 UNIT sold each month.

For example 0.00097656, or a fraction like 1/1024.

Dollars per barrel. Your statements show the gap your operator uses. Leave 0 to price oil at WTI.

Your estimate appears here

Enter your decimal to see an estimated royalty for each of the last 12 months this lease reported. Nothing you type leaves your browser.

An estimate, not your check

It ignores gathering and processing fees, taxes, plant products and the price your operator actually gets, so your statement will differ. Use it as a ceiling to compare against. Regional gas prices are often below Henry Hub.

Ledger

36 months, newest first

Compare these numbers with your statements. Your share of a month is the “Oil sold” volume times your decimal. Scroll sideways on a phone.
Monthly production, disposition and prices for GBG REEDY 13/25 UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3Flaredmcf, code 4WTI$ per bblHenry Hub$ per MMBtu
Jul 2026Chevron U.35,55235,632346,481312,560732$80.46$2.89
Jun 2026Chevron U.45,88245,928367,157328,689703$84.81$3.15
May 2026Chevron U.38,23938,112334,344309,902663$102.13$2.94
Apr 2026Chevron U.30,07130,167302,472255,36880$100.32$2.77
Mar 2026Chevron U.35,34735,317312,291283,659296$91.38$3.04
Feb 2026Chevron U.31,55931,616318,561287,046372$64.51$3.62
Jan 2026Chevron U.37,37037,310338,502312,7021,794$60.04$7.72
Dec 2025Chevron U.40,18140,160352,666333,074878$57.97$4.26
Nov 2025Chevron U.29,95329,992349,332337,8841,506$60.06$3.79
Oct 2025Chevron U.36,11136,042395,990389,8532,077$60.89$3.19
Sep 2025Chevron U.38,05438,058397,695397,59996$63.96$2.97
Aug 2025Chevron U.44,31144,329446,584445,998586$64.86$2.91
Jul 2025Chevron U.44,67644,715456,581456,215366$68.39$3.20
Jun 2025Chevron U.54,13254,384478,169477,878291$68.17$3.02
May 2025Chevron U.62,19562,215477,607477,166441$62.17$3.12
Apr 2025Chevron U.35,49435,467418,578417,700878$63.54$3.42
Mar 2025Chevron U.52,75652,602463,485463,228257$68.24$4.12
Feb 2025Chevron U.51,42251,835410,866410,642224$71.53$4.19
Jan 2025Chevron U.56,27556,024463,374462,851523$75.74$4.13
Dec 2024Chevron U.50,42450,299458,422457,2151,207$70.12$3.01
Nov 2024Chevron U.52,73152,851483,270472,729338$69.95$2.12
Oct 2024Chevron U.60,96161,074482,834482,706128$71.99$2.20
Sep 2024Chevron U.67,66967,611472,061471,810251$70.24$2.28
Aug 2024Chevron U.69,73170,088519,940518,945199$76.68$1.99
Jul 2024Chevron U.81,04180,671507,837497,143603$81.80$2.07
Jun 2024Chevron U.70,93470,979475,165460,918239$79.77$2.54
May 2024Chevron U.77,76177,610534,848517,704779$80.02$2.12
Apr 2024Chevron U.67,85868,032525,467513,530375$85.35$1.60
Mar 2024Chevron U.69,88570,061570,915558,270299$81.28$1.49
Feb 2024Chevron U.70,84070,620518,425511,3561,427$77.25$1.72
Jan 2024Chevron U.87,18687,234600,604583,3614,738$74.15$3.18
Dec 2023Chevron U.102,321102,476611,765594,7422,886$71.90$2.52
Nov 2023Chevron U.98,30098,174596,491579,7453,119$77.69$2.71
Oct 2023Chevron U.107,594107,482627,693603,8953,521$85.64$2.98
Sep 2023Chevron U.103,902103,734554,711532,1941,487$89.43$2.64
Aug 2023Chevron U.114,071114,081569,920547,4561,715$81.39$2.58

No report filed More than 3% of gas flared

SourceVolumes: Texas Railroad Commission Production Data Query, reported through Jul 2026. Prices: EIA WTI Cushing spot and Henry Hub spot, monthly, through Aug 2026. “Gas sold” is gas sent to a transmission line (code 2) or a plant (code 3).

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Around this lease

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This lease belongs to

OperatorChevron U. S. A. Inc.FieldParks (Consolidated)CountyMidland County

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

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Parks (Consolidated) field

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New drilling permits in Midland County

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How to read this page

Questions owners ask

What is a decimal interest?

It is your share of the whole lease, written as a decimal. A 1/4 royalty on 5 net acres in a 1,280-acre unit is 1/4 × 5 ÷ 1,280 = 0.00097656. Your division order states yours.

How do I use this page to check a royalty check?

Take the “Oil sold” volume for the month the check covers and multiply it by your decimal. The answer should match the barrels on your statement. If it does not, upload the statement and we will show where the two differ.

Why is the newest month Jul 2026?

The Railroad Commission publishes production two to three months after the fact and revises recent months. We re-pull the latest three months on every update.

Does this page show what my check should be?

No. It shows what the state recorded. Prices, fees and taxes depend on your lease and on what your operator gets for the oil and gas. The estimator gives a ceiling to compare against.

Sources and method

Where these numbers come from

  • Production and disposition by month: Texas Railroad Commission Production Data Query, oil lease 54568, district 08, reported through Jul 2026.
  • Wells: Texas Railroad Commission Wellbore Query.
  • Prices: U.S. Energy Information Administration, WTI Cushing spot and Henry Hub spot, monthly.
  • Page updated Sep 28, 2026.

We show the state’s numbers as filed. Where the state has no report for a month, we say so instead of guessing.