GUITAR
GUITAR is a Texas oil lease in Ward County, Railroad Commission district 08, operated by Jetta Operating Company, Inc. It has 2 wellbores on file with the Commission. Reported production runs from October 2021 to August 2026, totalling 235,756 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 $137K, with roughly $36K expected over the next twelve months.
| Operator | Jetta Operating Company, Inc. |
|---|---|
| Field | Collie (Delaware) |
| County | Ward County, Texas |
| RRC district | 08 |
| Lease number | 56571 |
| Wellbores | 2 |
| Reported production | 235,756 bbl |
| First reported | October 2021 |
| Last reported | August 2026 |
| Estimated royalty value | $137K |
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.