GUITAR 9X
GUITAR 9X is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Encana Oil & Gas(USA) Inc. It has 1 wellbore on file with the Commission. Reported production runs from February 2019 to August 2026, totalling 195,280 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 $504K, with roughly $427K 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 593 barrels a month. Its strongest month on the record we hold was March 2019, at 25,832 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 9X
- Who operates GUITAR 9X?
- GUITAR 9X is operated by Encana Oil & Gas(USA) Inc., Railroad Commission of Texas operator number 251691.
- Where is GUITAR 9X?
- GUITAR 9X is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 52051.
- Is GUITAR 9X still producing?
- GUITAR 9X is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GUITAR 9X is August 2026.
- How much has GUITAR 9X produced?
- GUITAR 9X has reported 195,280 barrels of oil (bbl) to the Railroad Commission of Texas between February 2019 and August 2026, from 1 wellbore.
- How much is GUITAR 9X worth?
- The remaining production from GUITAR 9X is estimated to be worth about $504K in total as of 26 August 2026, within a range of $393K to $614K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GUITAR 9X is a fraction of it. The estimate fits an Arps decline curve to the production GUITAR 9X has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GUITAR 9X is an estimate of value, not an offer and not an appraisal.
- How much income does GUITAR 9X generate in a year?
- GUITAR 9X is forecast to net about $427K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GUITAR 9X receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Encana Oil & Gas(USA) Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Howard County, Texas |
| RRC district | 08 |
| Lease number | 52051 |
| Wellbores | 1 |
| Reported production | 195,280 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $504K |
Where GUITAR 9X 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.