GUITAR SOUTH 4-7-B
GUITAR SOUTH 4-7-B 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 205,944 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 $27K, with roughly $8K expected over the next twelve months.
| Operator | Parsley Energy Operations, Llc |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Howard County, Texas |
| RRC district | 08 |
| Lease number | 51409 |
| Wellbores | 1 |
| Reported production | 205,944 bbl |
| First reported | October 2018 |
| Last reported | August 2026 |
| Estimated royalty value | $27K |
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.