GUITAR, JOHN
GUITAR, JOHN is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Exxon Corp. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 334,627 barrels. The lease is shut in. 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 $3K, with roughly $628 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 4 barrels a month. Its strongest month on the record we hold was January 2021, at 743 barrels.
Key facts about GUITAR, JOHN
- Who operates GUITAR, JOHN?
- GUITAR, JOHN is operated by Exxon Corp., Railroad Commission of Texas operator number 257097.
- Where is GUITAR, JOHN?
- GUITAR, JOHN is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 31933.
- Is GUITAR, JOHN still producing?
- GUITAR, JOHN is shut in. The most recent month of production reported to the Railroad Commission of Texas for GUITAR, JOHN is August 2026.
- How much has GUITAR, JOHN produced?
- GUITAR, JOHN has reported 334,627 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is GUITAR, JOHN worth?
- The remaining production from GUITAR, JOHN is estimated to be worth about $3K in total as of 26 August 2026. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GUITAR, JOHN is a fraction of it. The estimate fits an Arps decline curve to the production GUITAR, JOHN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GUITAR, JOHN is an estimate of value, not an offer and not an appraisal.
- How much income does GUITAR, JOHN generate in a year?
- GUITAR, JOHN is forecast to net about $628 across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GUITAR, JOHN receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Exxon Corp. |
|---|---|
| Field | Zebulon |
| County | Howard County, Texas |
| RRC district | 08 |
| Lease number | 31933 |
| Wellbores | 1 |
| Reported production | 334,627 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3K |
Where GUITAR, JOHN 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.