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Texas oil lease

Producing

GUITAR 8G

Guitar 8G is an oil lease in Howard County, Texas, operated by Ovintiv USA Inc. in the Spraberry (Trend Area) field.

3 wells

12,101bbl oil, last 12 months+31% vs prior year
Operator
Ovintiv USA Inc.
County
Howard County
Field
Spraberry (Trend Area)
RRC lease
08-48575

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Where it sits

This county

Howard CountyHowardMitchellMartinScurryDawsonBordenHoward County
Howard County
Gas, last 12 months
3,761 mcf
Oil in Jul 2026
1,712 bbl

Production by month

Oil output rose 31% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 31% over the last 12 monthsMonthly oil production and gas for GUITAR 8G, Aug 2023 to Jul 2026. Oil output rose 31% over the last 12 months. 12,101 bbl in the 12 months through Jul 2026, against 9,251 bbl in the 12 months before.Last 12 months: 12,101 bblbbl per monthmcf per month001,00010k2,00020k3,00030k4,00040kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 31% over the last 12 monthsMonthly oil production and gas for GUITAR 8G, Aug 2023 to Jul 2026. Oil output rose 31% over the last 12 months. 12,101 bbl in the 12 months through Jul 2026, against 9,251 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001,00010k2,00020k3,00030k4,00040kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Jul 2026 the lease's gas goes to a processing plant instead of a transmission line

Flaring peaked at 29.3% of the gas in May 2025.

  • Processing plant (3)
  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
Since Jul 2026 the lease's gas goes to a processing plant instead of a transmission lineShare of GUITAR 8G gas by disposition code each month, Aug 2023 to Jul 2026. Since Jul 2026 the lease's gas goes to a processing plant instead of a transmission line. Flaring peaked at 29.3% of the gas in May 2025.Share of the lease’s gas by disposition code, per month0%50%100%Jul 2026: line to plantFlared 29.3%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Jul 2026 the lease's gas goes to a processing plant instead of a transmission lineShare of GUITAR 8G gas by disposition code each month, Aug 2023 to Jul 2026. Since Jul 2026 the lease's gas goes to a processing plant instead of a transmission line. Flaring peaked at 29.3% of the gas in May 2025.Share of gas by disposition code0%50%100%Jul 26: line to plantFlared 29.3%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    60% · 2,253 mcf

  • Transmission line (2)

    39% · 1,453 mcf

  • Flared (4)

    1.3% · 49 mcf

  • Lease fuel (1)

    0.2% · 6 mcf

1.3% of the gas flared in the last 12 months. 12 months above 3%.

Who has run this lease

The operator changed once, most recently in Feb 2020

Operators of this lease over timeEncana Oil & Gas(usa) Inc., Jan 2020 to Jan 2020; Ovintiv USA Inc., Feb 2020 to Jul 20262020202120222023202420252026Changed Feb 2020Encana Oil & Gas(usa) Inc.Jan 2020 to Jan 2020Ovintiv USA Inc.Feb 2020 to now
Operators of this lease over timeEncana Oil & Gas(usa) Inc., Jan 2020 to Jan 2020; Ovintiv USA Inc., Feb 2020 to Jul 20262020202120222023202420252026Changed Feb 2020Encana Oil & Gas(usa) Inc.Jan 2020 to Jan 2020Ovintiv USA Inc.Feb 2020 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

3 wells on this lease

Wells on GUITAR 8G
API numberWell no.Status
42-227-387512HActive
42-227-387523HActive
42-227-387534HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Medallion Operating Company, LLCOilGathers100May 7, 2016–
Enterprise Products Operating LLCCasinghead gasBuys100May 1, 2022–
Enterprise Products Operating LLCCasinghead gasGathers100May 1, 2022–
Navitas Mdstr Midland Basin, LLCCasinghead gasGathers100May 7, 2016May 1, 2022
Navitas Mdstr Midland Basin, LLCCasinghead gasBuys100May 7, 2016May 1, 2022

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

Who buys my oilOil price check

1,120 acres on the newest permit

  • Worth asking

    A Rule 37 case is listed

    The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.

Check your decimal on this lease
Permits for Guitar 8G
API numberWell no.Acreson the permit
42-227-387512H1,120
42-227-387523H1,120
42-227-387534H1,120

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

Unit decimal checker

What Ovintiv Inc. told investors it received

Ovintiv USA Inc. is linked to Ovintiv Inc. (OVV).
Realized prices reported by Ovintiv Inc.
QuarterOil$ per bblFiling
Q2 2026$100.69SEC filing
Q1 2026$72.62SEC filing
Q4 2025$59.55SEC filing
Q3 2025$66.22SEC filing
Q2 2025$64.50SEC filing
Q1 2025$71.79SEC filing

SourceOvintiv Inc. quarterly reports, SEC EDGAR, company-wide averages before hedging.

Estimate your royalty

36 months, newest first

Ledger for GUITAR 8G
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Ovintiv USA1,7121,7111041040$80.46$2.89
Jun 2026Ovintiv USA1,7091,7145605572$84.81$3.15
May 2026Ovintiv USA2,3142,3138998961$102.13$2.94
Apr 2026Ovintiv USA2,3242,3181,3721,3682$100.32$2.77
Mar 2026Ovintiv USA1,5351,53056553529$91.38$3.04
Feb 2026Ovintiv USA662660104968$64.51$3.62
Jan 2026Ovintiv USA23223331310$60.04$7.72
Dec 2025Ovintiv USA34634629290$57.97$4.26
Nov 2025Ovintiv USA33733611110$60.06$3.79
Oct 2025Ovintiv USA37237233312$60.89$3.19
Sep 2025Ovintiv USA31531532293$63.96$2.97
Aug 2025Ovintiv USA24324321192$64.86$2.91
Jul 2025Ovintiv USA26826813121$68.39$3.20
Jun 2025Ovintiv USA260261544212$68.17$3.02
May 2025Ovintiv USA596595926527$62.17$3.12
Apr 2025Ovintiv USA460460786216$63.54$3.42
Mar 2025Ovintiv USA5105103133103$68.24$4.12
Feb 2025Ovintiv USA55155140739512$71.53$4.19
Jan 2025Ovintiv USA39739837430470$75.74$4.13
Dec 2024Ovintiv USA8008235,3895,208171$70.12$3.01
Nov 2024Ovintiv USA2,2212,2548,3048,20510$69.95$2.12
Oct 2024Ovintiv USA5595277,0977,0190$71.99$2.20
Sep 2024Ovintiv USA94796813,65413,50065$70.24$2.28
Aug 2024Ovintiv USA1,6821,69521,67718,7262,843$76.68$1.99
Jul 2024Ovintiv USA2,2092,18626,72926,494112$81.80$2.07
Jun 2024Ovintiv USA2,0242,03421,99621,716182$79.77$2.54
May 2024Ovintiv USA2,2612,28729,37628,646592$80.02$2.12
Apr 2024Ovintiv USA2,5062,51130,83830,67121$85.35$1.60
Mar 2024Ovintiv USA2,2642,27830,60830,4224$81.28$1.49
Feb 2024Ovintiv USA2,3202,29526,68326,5321$77.25$1.72
Jan 2024Ovintiv USA2,9903,01126,71026,56917$74.15$3.18
Dec 2023Ovintiv USA3,4133,42327,19527,0690$71.90$2.52
Nov 2023Ovintiv USA3,4883,54831,13630,9876$77.69$2.71
Oct 2023Ovintiv USA3,2403,14925,62825,44756$85.64$2.98
Sep 2023Ovintiv USA1,5661,58615,82715,7067$89.43$2.64
Aug 2023Ovintiv USA1,8491,80817,74817,59432$81.39$2.58

Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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Nearby

This lease belongs to

OperatorOvintiv USA Inc.FieldSpraberry (Trend Area)CountyHoward County

Ovintiv USA Inc. in Howard County

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Spraberry (Trend Area) field

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