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 - Sep 2025
Total Oil Production220,418 BBLs
Total Gas Production476,225 MCF
Recent Oil Production2,152 BBLs in Aug 2025
Recent Gas Production9,148 MCF in Aug 2025
Wells on Property2

Our Valuation Estimates for Guitar

ShaleAssessment™

Not Available

MarketMultiple™

$332,003 **

* 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 Sep 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, TX4,123 BBLs8,825 MCFSep 2025
Brooke 184-185 UnitWard County, TX14,776 BBLs212,898 MCFSep 2025
CarsonWard County, TX390 BBLs1,352 MCFSep 2025
Carson Oil UnitWard County, TX838 BBLs2,117 MCFSep 2025
Chrome 33-39SWard County, TX299 BBLs1,149 MCFSep 2025
Constantan 34-174 (N)Ward County, TX1,119 BBLs5,665 MCFSep 2025
Covert 34-183Ward County, TX6,039 BBLs29,902 MCFSep 2025
Danielle 183 UnitWard County, TX19,229 BBLs138,593 MCFSep 2025
East TownsiteWard County, TX1,081 BBLs2,663 MCFSep 2025
Edwards Deep UnitWard County, TX5,184 BBLs18,776 MCFSep 2025
Jackie StateWard County, TX18,085 BBLs121,735 MCFSep 2025
JT AdamsWard County, TX2,228 BBLs8,260 MCFSep 2025
Kate 33-40Ward County, TX16,632 BBLs182,087 MCFSep 2025
Meridith 183 Unit 1HWard County, TX886 BBLs6,590 MCFSep 2025
MobilWard County, TX6,285 BBLs18,329 MCFSep 2025
ShellWard County, TX34,115 BBLs269,435 MCFSep 2025
Tin ManWard County, TX1,419 BBLs8,965 MCFSep 2025
Trott 34-183Ward County, TX396 BBLs8,523 MCFSep 2025
Wilson 184-185 UnitWard County, TX14,139 BBLs186,467 MCFSep 2025
Worsham 42Ward County, TX16,726 BBLs63,540 MCFSep 2025

Companies in the Area

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

Company Name
Atlantic Operating, Inc.
Avra Oil Co
Bennett, M. Brad Inc.
Centennial Resource Prod, LLC
COG Operating LLC
Devon Energy Production Company, L.P.
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.
Tap Rock Operating, LLC
Titan Resources I, Inc.
U. S. Energy Development Corporation
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
2025JETTA OPERATING CO INC MINGUITARJETTA OPERATING
2025GUITAR EARL B JR BYPASS TRUSTGUITARJETTA OPERATING
2025GUITAR LAND & CATTLE COGUITARJETTA OPERATING
2025GUITAR SALLYGUITARJETTA OPERATING
2025HOFER LAURA JEAN ADM TRUSTGUITARJETTA OPERATING
2025HONEYS HERITAGE LPGUITARJETTA OPERATING
2025JAL RANCH COMPANY LTDGUITARJETTA OPERATING
2025JPH HOLDINGS LPGUITARJETTA OPERATING
Displaying 8 of 35 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
08-56571GUITARMar 2025BRAZOS MIDSTREAM OPERATING, LLCJETTA OPERATING COMPANY, INC.
08-56571GUITARMar 2025BP ENERGY COMPANYJETTA OPERATING COMPANY, INC.
08-56571GUITARFeb 2025BRAZOS MIDSTREAM OPERATING, LLCJETTA OPERATING COMPANY, INC.
08-56571GUITARFeb 2025BP ENERGY COMPANYJETTA OPERATING COMPANY, INC.
08-56571GUITARJan 2025BRAZOS MIDSTREAM OPERATING, LLCJETTA OPERATING COMPANY, INC.
08-56571GUITARJan 2025BP ENERGY COMPANYJETTA OPERATING COMPANY, INC.
08-56571GUITARDec 2024BRAZOS MIDSTREAM OPERATING, LLCJETTA OPERATING COMPANY, INC.
08-56571GUITARDec 2024BP ENERGY COMPANYJETTA OPERATING COMPANY, INC.
08-56571GUITARNov 2024BP ENERGY COMPANYJETTA OPERATING COMPANY, INC.
08-56571GUITAROct 2024BP ENERGY COMPANYJETTA OPERATING COMPANY, INC.
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.