GUITARRA
GUITARRA is a Texas gas lease in Jim Hogg County, Railroad Commission district 04, operated by Mestena Operating, Ltd. It has 1 wellbore on file with the Commission. Reported production runs from September 2007 to August 2026, totalling 26,656 thousand cubic feet. The lease is intermittent. 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 $49K, with roughly $24K 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 397 thousand cubic feet a month. Its strongest month on the record we hold was February 2026, at 1,693 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 22% 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 GUITARRA
- Who operates GUITARRA?
- GUITARRA is operated by Mestena Operating, Ltd., Railroad Commission of Texas operator number 562072.
- Where is GUITARRA?
- GUITARRA is a Texas gas lease in Jim Hogg County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 230914.
- Is GUITARRA still producing?
- GUITARRA is intermittent. The most recent month of production reported to the Railroad Commission of Texas for GUITARRA is August 2026.
- How much has GUITARRA produced?
- GUITARRA has reported 26,656 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between September 2007 and August 2026, from 1 wellbore.
- How much is GUITARRA worth?
- The remaining production from GUITARRA is estimated to be worth about $49K in total as of 27 August 2026, within a range of $38K to $60K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GUITARRA is a fraction of it. The estimate fits an Arps decline curve to the production GUITARRA has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GUITARRA is an estimate of value, not an offer and not an appraisal.
- How much income does GUITARRA generate in a year?
- GUITARRA is forecast to net about $24K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in GUITARRA receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Mestena Operating, Ltd. |
|---|---|
| Field | Mestena Grande (Queen City Cons) |
| County | Jim Hogg County, Texas |
| RRC district | 04 |
| Lease number | 230914 |
| Wellbores | 1 |
| Reported production | 26,656 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $49K |
Where GUITARRA sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
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.