Guitar

Oil & Gas Property in Martin County, TX

Property Summary

Key data points for Guitar

CountyMartin County, TX
Production DatesJul 2008 - Sep 2024
Total Oil Production614,436 BBLs
Total Gas Production1,698,827 MCF
Recent Oil Production3,228 BBLs in Aug 2024
Recent Gas Production23,893 MCF in Aug 2024
Wells on Property19

Our Valuation Estimates for Guitar

ShaleAssessment

$55,354 *

MarketMultiple

$574,630 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Guitar Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Guitar
from Jul 2008 to Sep 2024

Wells on Guitar

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-317-35153GUITAR TRUST 7 1PIONEER NATURAL RES. USA, INC.Oil WellMartin County, TX32.269641-101.805370
42-317-35332GUITAR TRUST 5 1BC OPERATING, INC.Permitted LocationMartin County, TX32.286463-101.797553
42-317-36478GUITAR 7 1SCOUT ENERGY MANAGEMENT LLCShut InMartin County, TX32.275063-101.798316
42-317-36479GUITAR 5 1SCOUT ENERGY MANAGEMENT LLCShut InMartin County, TX32.289312-101.799271
42-317-36777GUITAR 7 2SCOUT ENERGY MANAGEMENT LLCShut InMartin County, TX32.274133-101.802443
42-317-37054GUITAR 7 3SCOUT ENERGY MANAGEMENT LLCProducingMartin County, TX32.271562-101.797197
42-317-37059GUITAR 7 4SCOUT ENERGY MANAGEMENT LLCProducingMartin County, TX32.270556-101.801363
42-317-37401GUITAR 5 2SCOUT ENERGY MANAGEMENT LLCProducingMartin County, TX32.278787-101.795772
42-317-37677GUITAR 5 3SCOUT ENERGY MANAGEMENT LLCProducingMartin County, TX32.282513-101.796950
42-317-37795GUITAR 5 4SCOUT ENERGY MANAGEMENT LLCProducingMartin County, TX32.285991-101.798574
42-317-38350GUITAR 5 5SCOUT ENERGY MANAGEMENT LLCShut InMartin County, TX32.291336-101.795074
42-317-38351GUITAR 5 6SCOUT ENERGY MANAGEMENT LLCProducingMartin County, TX32.287691-101.793898
42-317-38475GUITAR 5 7SCOUT ENERGY MANAGEMENT LLCProducingMartin County, TX32.284083-101.792735
42-317-38476GUITAR 5 8SCOUT ENERGY MANAGEMENT LLCShut InMartin County, TX32.280796-101.791674
42-317-39868GUITAR 5 9BREITBURN OPERATING L.P.Permitted LocationMartin County, TX32.289976-101.793707
42-317-39869GUITAR 5 10BREITBURN OPERATING L.P.Permitted LocationMartin County, TX32.287512-101.798566
42-317-39871GUITAR 5 11BREITBURN OPERATING L.P.Permitted LocationMartin County, TX32.286031-101.792786
42-317-39889GUITAR 5 12BREITBURN OPERATING L.P.Permitted LocationMartin County, TX32.280660-101.796337
42-317-39890GUITAR 5 13BREITBURN OPERATING L.P.Permitted LocationMartin County, TX32.290792-101.797331

Leases included in Guitar

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-39251GUITAR TRUST 7PIONEER NATURAL RES. USA, INC.Martin County, TX
08-41552GUITAR 7SCOUT ENERGY MANAGEMENT LLCMartin County, TX
08-42574GUITAR 5SCOUT ENERGY MANAGEMENT LLCMartin County, TX

Nearby Properties

These are the closest 20 properties to the Guitar property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Bailey Wynell 35Martin County, TX543 BBLs2,816 MCFSep 2024
Cassidy UnitMartin County, TX31,353 BBLs300,037 MCFSep 2024
Dark Star UnitMartin County, TX31,679 BBLs429,363 MCFSep 2024
Dire Wolf UnitMartin County, TX88,810 BBLs540,767 MCFSep 2024
DyerMartin County, TX549 BBLs0 MCFSep 2024
ElrodMartin County, TX876 BBLs2,843 MCFSep 2024
FraserMartin County, TX1,165 BBLs0 MCFSep 2024
Glenn 9Martin County, TX228 BBLs3,061 MCFSep 2024
HamiltonMartin County, TX361 BBLs0 MCFSep 2024
LenorahMartin County, TX20,558 BBLs218,008 MCFSep 2024
Martin-MadisonMartin County, TX1,058 BBLs161 MCFSep 2024
MildredMartin County, TX792 BBLs0 MCFSep 2024
Phillips 3Martin County, TX286 BBLs12 MCFSep 2024
PollockMartin County, TX681 BBLs0 MCFSep 2024
Steven 2Martin County, TX793 BBLs3,328 MCFSep 2024
StrainMartin County, TX132,625 BBLs1,332,111 MCFSep 2024
Strain 19 Unit 1&2 Alloc 1933Martin County, TX11,440 BBLs54,838 MCFSep 2024
Strain RanchMartin County, TX25,138 BBLs187,238 MCFSep 2024
TunnellMartin County, TX1,344 BBLs6,413 MCFSep 2024
Wilson 8Martin County, TX744 BBLs0 MCFSep 2024

Owners of Guitar

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024SCOUT ENERGY MANAGEMENT LLCGUITAR 5SCOUT ENERGY MGMT
2024CROWNROCK MINERALS LPGUITAR 5SCOUT ENERGY MGMT
2024SCOUT ENERGY MANAGEMENT LLCGUITAR 7SCOUT ENERGY
2024GUITAR EARL B JR BYPASS TRUSTGUITAR 5SCOUT ENERGY MGMT
2024GUITAR LAND & CATTLE CO LPGUITAR 5SCOUT ENERGY MGMT
2024GUITAR SALLYGUITAR 5SCOUT ENERGY MGMT
2024GIBSON CAROL TRUSTGUITAR 5SCOUT ENERGY MGMT
2024RHODES CYNTHIA TRUSTGUITAR 5SCOUT ENERGY MGMT
Displaying 8 of 67 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Guitar

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-42574GUITAR 5Aug 2024SHELL TRADING (US) COMPANYSCOUT ENERGY MANAGEMENT LLC
08-41552GUITAR 7Jul 2024BML INCSCOUT ENERGY MANAGEMENT LLC
08-42574GUITAR 5Jul 2024SHELL TRADING (US) COMPANYSCOUT ENERGY MANAGEMENT LLC
08-42574GUITAR 5Jul 2024WTG GAS PROCESSING, L.P.SCOUT ENERGY MANAGEMENT LLC
08-42574GUITAR 5Jun 2024WTG GAS PROCESSING, L.P.SCOUT ENERGY MANAGEMENT LLC
08-42574GUITAR 5Jun 2024SHELL TRADING (US) COMPANYSCOUT ENERGY MANAGEMENT LLC
08-42574GUITAR 5May 2024SHELL TRADING (US) COMPANYSCOUT ENERGY MANAGEMENT LLC
08-41552GUITAR 7May 2024BML INCSCOUT ENERGY MANAGEMENT LLC
08-42574GUITAR 5May 2024WTG GAS PROCESSING, L.P.SCOUT ENERGY MANAGEMENT LLC
08-41552GUITAR 7Apr 2024BML INCSCOUT ENERGY MANAGEMENT LLC
08-42574GUITAR 5Apr 2024WTG GAS PROCESSING, L.P.SCOUT ENERGY MANAGEMENT LLC
08-42574GUITAR 5Apr 2024SHELL TRADING (US) COMPANYSCOUT ENERGY MANAGEMENT LLC
08-42574GUITAR 5Mar 2024WTG GAS PROCESSING, L.P.SCOUT ENERGY MANAGEMENT LLC
08-42574GUITAR 5Mar 2024SHELL TRADING (US) COMPANYSCOUT ENERGY MANAGEMENT LLC
08-41552GUITAR 7Mar 2024BML INCSCOUT ENERGY MANAGEMENT LLC
08-41552GUITAR 7Feb 2024BML INCSCOUT ENERGY MANAGEMENT LLC
08-42574GUITAR 5Feb 2024WTG GAS PROCESSING, L.P.SCOUT ENERGY MANAGEMENT LLC
08-42574GUITAR 5Feb 2024SHELL TRADING (US) COMPANYSCOUT ENERGY MANAGEMENT LLC
08-42574GUITAR 5Jan 2024WTG GAS PROCESSING, L.P.SCOUT ENERGY MANAGEMENT LLC
08-42574GUITAR 5Jan 2024SHELL TRADING (US) COMPANYSCOUT ENERGY MANAGEMENT LLC
08-41552GUITAR 7Dec 2023BML INCSCOUT ENERGY MANAGEMENT LLC
08-42574GUITAR 5Dec 2023SHELL TRADING (US) COMPANYSCOUT ENERGY MANAGEMENT LLC
08-42574GUITAR 5Dec 2023WTG GAS PROCESSING, L.P.SCOUT ENERGY MANAGEMENT LLC
08-41552GUITAR 7Nov 2023BML INCSCOUT ENERGY MANAGEMENT LLC
08-42574GUITAR 5Nov 2023SHELL TRADING (US) COMPANYSCOUT ENERGY MANAGEMENT LLC