Guitar

Oil & Gas Property in Ward County, TX

  2. Texas
  3. Ward County, TX
  4. Oil & Gas Properties in Ward County, TX
  5. Guitar Oil & Gas Property

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Property Summary

Key data points for Guitar

CountyWard County, TX
OperatorJETTA OPERATING COMPANY INC
Production DatesOct 2021 - Jan 2025
Total Oil Production201,243 BBLs
Total Gas Production405,178 MCF
Recent Oil Production2,418 BBLs in Dec 2024
Recent Gas Production9,499 MCF in Dec 2024
Wells on Property2

Our Valuation Estimates for Guitar

ShaleAssessment™

Not Available

MarketMultiple™

$389,850 **

* 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 Oct 2021 to Jan 2025

Wells on Guitar

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-475-38223GUITAR 1JETTA OPERATING COMPANY, INC.ProducingWard County, TX31.452464-103.408846
42-475-38224GUITAR 2JETTA OPERATING COMPANY, INC.ProducingWard County, TX31.452515-103.408793

Leases included in Guitar

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-56571GUITARJETTA OPERATING COMPANY, INC.Ward County, TX

Nearby Properties

These are the closest 20 properties to the Guitar property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
BallparkWard County, TX3,650 BBLs4,972 MCFJan 2025
Brooke 184-185 UnitWard County, TX19,680 BBLs251,852 MCFJan 2025
CarsonWard County, TX326 BBLs19 MCFJan 2025
Carson Oil UnitWard County, TX918 BBLs0 MCFJan 2025
Chrome 33-39SWard County, TX1,118 BBLs5,587 MCFJan 2025
Constantan 34-174 (N)Ward County, TX1,851 BBLs11,072 MCFJan 2025
Covert 34-183Ward County, TX6,184 BBLs27,790 MCFJan 2025
Danielle 183 UnitWard County, TX4,252 BBLs39,410 MCFJan 2025
East TownsiteWard County, TX1,098 BBLs2,833 MCFJan 2025
Edwards Deep UnitWard County, TX6,679 BBLs13,307 MCFJan 2025
Jackie StateWard County, TX22,881 BBLs124,571 MCFJan 2025
JT AdamsWard County, TX2,502 BBLs10,178 MCFJan 2025
Kate 33-40Ward County, TX19,317 BBLs161,053 MCFJan 2025
Meridith 183 Unit 1HWard County, TX1,104 BBLs9,849 MCFJan 2025
MobilWard County, TX6,422 BBLs18,427 MCFJan 2025
ShellWard County, TX44,961 BBLs318,317 MCFJan 2025
Tin ManWard County, TX2,258 BBLs9,414 MCFJan 2025
Trott 34-183Ward County, TX484 BBLs8,170 MCFJan 2025
Wilson 184-185 UnitWard County, TX17,707 BBLs214,326 MCFJan 2025
Worsham 42Ward County, TX19,427 BBLs65,619 MCFJan 2025

Companies in the Area

These are the closest 20 companies operating near the Guitar property.

Company Name
Anadarko Petroleum Corporation
Atlantic Operating, Inc.
Avra Oil Co
Bennett, M. Brad Inc.
Centennial Resource Prod, LLC
COG Operating LLC
Devon Energy Production Company LP
Diamondback E&P LLC
Jetta Operating Company Inc
Latigo Petroleum Texas, LP
Mobil Producing TX. & N.M. Inc.
Musselman, Owen & King Oper.,Inc
Oxy USA Inc
Permian Resources Operating, LLC
Pitts Energy Co.
Southwest Royalties Inc
Titan Resources I, Inc.
U.S. Energy Development Corp
Waterbridge Texas Operating LLC
XTO Energy Inc.

Frac'ing activity on Guitar

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-475-38223Guitar #1
42-475-38224Guitar #2

Owners of Guitar

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024JETTA OPERATING CO INC MINGUITARJETTA OPERATING
2024POLK MARY GUITAR ESTATEGUITARJETTA OPERATING
2024GUITAR LAND & CATTLE COGUITARJETTA OPERATING
2024GUITAR EARL B JR BYPASS TRUSTGUITARJETTA OPERATING
2024GUITAR SALLYGUITARJETTA OPERATING
2024HOFER LAURA JEAN ADM TRUSTGUITARJETTA OPERATING
2024ALEXANDER JAMES MGUITARJETTA OPERATING
2024JAL RANCH COMPANY LTDGUITARJETTA OPERATING
Displaying 8 of 33 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
08-56571GUITARSep 2024BP ENERGY COMPANYJETTA OPERATING COMPANY, INC.
08-56571GUITARAug 2024BP ENERGY COMPANYJETTA OPERATING COMPANY, INC.
08-56571GUITARJul 2024BRAZOS MIDSTREAM OPERATING, LLCJETTA OPERATING COMPANY, INC.
08-56571GUITARJul 2024BP ENERGY COMPANYJETTA OPERATING COMPANY, INC.
08-56571GUITARJun 2024BP ENERGY COMPANYJETTA OPERATING COMPANY, INC.
08-56571GUITARMay 2024BP ENERGY COMPANYJETTA OPERATING COMPANY, INC.
08-56571GUITARApr 2024BP ENERGY COMPANYJETTA OPERATING COMPANY, INC.
08-56571GUITARMar 2024BRAZOS MIDSTREAM OPERATING, LLCJETTA OPERATING COMPANY, INC.
08-56571GUITARMar 2024BP ENERGY COMPANYJETTA OPERATING COMPANY, INC.
08-56571GUITARFeb 2024BRAZOS MIDSTREAM OPERATING, LLCJETTA OPERATING COMPANY, INC.
08-56571GUITARFeb 2024BP ENERGY COMPANYJETTA OPERATING COMPANY, INC.
08-56571GUITARJan 2024BRAZOS MIDSTREAM OPERATING, LLCJETTA OPERATING COMPANY, INC.
08-56571GUITARJan 2024BP ENERGY COMPANYJETTA OPERATING COMPANY, INC.
08-56571GUITARDec 2023BRAZOS MIDSTREAM OPERATING, LLCJETTA OPERATING COMPANY, INC.
08-56571GUITARDec 2023BP ENERGY COMPANYJETTA OPERATING COMPANY, INC.
08-56571GUITARNov 2023BRAZOS MIDSTREAM OPERATING, LLCJETTA OPERATING COMPANY, INC.
08-56571GUITARNov 2023BP ENERGY COMPANYJETTA OPERATING COMPANY, INC.
08-56571GUITAROct 2023BRAZOS MIDSTREAM OPERATING, LLCJETTA OPERATING COMPANY, INC.
08-56571GUITAROct 2023BP ENERGY COMPANYJETTA OPERATING COMPANY, INC.
08-56571GUITARSep 2023BRAZOS MIDSTREAM OPERATING, LLCJETTA OPERATING COMPANY, INC.
08-56571GUITARSep 2023BP ENERGY COMPANYJETTA OPERATING COMPANY, INC.
08-56571GUITARAug 2023BRAZOS MIDSTREAM OPERATING, LLCJETTA OPERATING COMPANY, INC.
08-56571GUITARAug 2023BP ENERGY COMPANYJETTA OPERATING COMPANY, INC.
08-56571GUITARJul 2023BRAZOS MIDSTREAM OPERATING, LLCJETTA OPERATING COMPANY, INC.
08-56571GUITARJul 2023BP ENERGY COMPANYJETTA OPERATING COMPANY, INC.