GUITAR TRUST ESTATE
GUITAR TRUST ESTATE is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Tahoe Exploration Inc. It has 2 wellbores on file with the Commission. Reported production runs from September 2007 to August 2026, totalling 13,348 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 $41K, with roughly $8K 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 19 barrels a month, about 10 per wellbore. Its strongest month on the record we hold was November 2019, at 97 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 TRUST ESTATE
- Who operates GUITAR TRUST ESTATE?
- GUITAR TRUST ESTATE is operated by Tahoe Exploration Inc., Railroad Commission of Texas operator number 834494.
- Where is GUITAR TRUST ESTATE?
- GUITAR TRUST ESTATE is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 38418.
- Is GUITAR TRUST ESTATE still producing?
- GUITAR TRUST ESTATE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GUITAR TRUST ESTATE is August 2026.
- How much has GUITAR TRUST ESTATE produced?
- GUITAR TRUST ESTATE has reported 13,348 barrels of oil (bbl) to the Railroad Commission of Texas between September 2007 and August 2026, from 2 wellbores.
- How much is GUITAR TRUST ESTATE worth?
- The remaining production from GUITAR TRUST ESTATE is estimated to be worth about $41K in total as of 27 August 2026, within a range of $23K to $60K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GUITAR TRUST ESTATE is a fraction of it. The estimate fits an Arps decline curve to the production GUITAR TRUST ESTATE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GUITAR TRUST ESTATE is an estimate of value, not an offer and not an appraisal.
- How much income does GUITAR TRUST ESTATE generate in a year?
- GUITAR TRUST ESTATE is forecast to net about $8K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in GUITAR TRUST ESTATE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Tahoe Exploration Inc. |
|---|---|
| Field | Moore |
| County | Howard County, Texas |
| RRC district | 08 |
| Lease number | 38418 |
| Wellbores | 2 |
| Reported production | 13,348 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $41K |
Where GUITAR TRUST ESTATE 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.