GUITAR SOUTH 4-7-A
GUITAR SOUTH 4-7-A is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Parsley Energy Operations, LLC. It has 1 wellbore on file with the Commission. Reported production runs from October 2018 to August 2026, totalling 326,809 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 $4.0M, with roughly $873K 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 1,408 barrels a month. Its strongest month on the record we hold was January 2019, at 14,855 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 SOUTH 4-7-A
- Who operates GUITAR SOUTH 4-7-A?
- GUITAR SOUTH 4-7-A is operated by Parsley Energy Operations, LLC, Railroad Commission of Texas operator number 642652.
- Where is GUITAR SOUTH 4-7-A?
- GUITAR SOUTH 4-7-A is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 51379.
- Is GUITAR SOUTH 4-7-A still producing?
- GUITAR SOUTH 4-7-A is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GUITAR SOUTH 4-7-A is August 2026.
- How much has GUITAR SOUTH 4-7-A produced?
- GUITAR SOUTH 4-7-A has reported 326,809 barrels of oil (bbl) to the Railroad Commission of Texas between October 2018 and August 2026, from 1 wellbore.
- How much is GUITAR SOUTH 4-7-A worth?
- The remaining production from GUITAR SOUTH 4-7-A is estimated to be worth about $4.0M in total as of 26 August 2026, within a range of $3.3M to $4.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GUITAR SOUTH 4-7-A is a fraction of it. The estimate fits an Arps decline curve to the production GUITAR SOUTH 4-7-A has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GUITAR SOUTH 4-7-A is an estimate of value, not an offer and not an appraisal.
- How much income does GUITAR SOUTH 4-7-A generate in a year?
- GUITAR SOUTH 4-7-A is forecast to net about $873K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GUITAR SOUTH 4-7-A receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Parsley Energy Operations, LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Howard County, Texas |
| RRC district | 08 |
| Lease number | 51379 |
| Wellbores | 1 |
| Reported production | 326,809 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $4.0M |
Where GUITAR SOUTH 4-7-A 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.