GUITAR CONSOLIDATED
GUITAR CONSOLIDATED is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Whiting Oil And Gas Corporation. It has 5 wellbores on file with the Commission. Reported production runs from September 2006 to August 2026, totalling 26,336 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 $90K, with roughly $17K 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 21 barrels a month, about 4 per wellbore. Its strongest month on the record we hold was July 2024, at 341 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 GUITAR CONSOLIDATED
- Who operates GUITAR CONSOLIDATED?
- GUITAR CONSOLIDATED is operated by Whiting Oil And Gas Corporation, Railroad Commission of Texas operator number 920478.
- Where is GUITAR CONSOLIDATED?
- GUITAR CONSOLIDATED is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 38050.
- Is GUITAR CONSOLIDATED still producing?
- GUITAR CONSOLIDATED is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GUITAR CONSOLIDATED is August 2026.
- How much has GUITAR CONSOLIDATED produced?
- GUITAR CONSOLIDATED has reported 26,336 barrels of oil (bbl) to the Railroad Commission of Texas between September 2006 and August 2026, from 5 wellbores.
- How much is GUITAR CONSOLIDATED worth?
- The remaining production from GUITAR CONSOLIDATED is estimated to be worth about $90K in total as of 27 August 2026, within a range of $49K to $130K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GUITAR CONSOLIDATED is a fraction of it. The estimate fits an Arps decline curve to the production GUITAR CONSOLIDATED has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GUITAR CONSOLIDATED is an estimate of value, not an offer and not an appraisal.
- How much income does GUITAR CONSOLIDATED generate in a year?
- GUITAR CONSOLIDATED is forecast to net about $17K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in GUITAR CONSOLIDATED receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Whiting Oil And Gas Corporation |
|---|---|
| Field | Varel (San Andres) |
| County | Howard County, Texas |
| RRC district | 08 |
| Lease number | 38050 |
| Wellbores | 5 |
| Reported production | 26,336 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $90K |
Where GUITAR CONSOLIDATED 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.