GUITAR SOUTH 4-7
GUITAR SOUTH 4-7 is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Parsley Energy Operations, Llc. It has 2 wellbores on file with the Commission. Reported production runs from May 2017 to August 2026, totalling 635,713 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 $175K, with roughly $38K expected over the next twelve months.
| Operator | Parsley Energy Operations, Llc |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Howard County, Texas |
| RRC district | 08 |
| Lease number | 49382 |
| Wellbores | 2 |
| Reported production | 635,713 bbl |
| First reported | May 2017 |
| Last reported | August 2026 |
| Estimated royalty value | $175K |
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.