diff --git a/src/opm/parser/eclipse/EclipseState/Schedule/Well/Well.cpp b/src/opm/parser/eclipse/EclipseState/Schedule/Well/Well.cpp
index f695bf1f9..8bf0b7092 100644
--- a/src/opm/parser/eclipse/EclipseState/Schedule/Well/Well.cpp
+++ b/src/opm/parser/eclipse/EclipseState/Schedule/Well/Well.cpp
@@ -746,6 +746,22 @@ double Well::getGuideRate() const {
 }
 
 Well::GuideRateTarget Well::getGuideRatePhase() const {
+    if (this->wtype.producer())
+        return this->guide_rate.guide_phase;
+
+    if (this->guide_rate.guide_phase == GuideRateTarget::RAT) {
+        switch (this->getPreferredPhase()) {
+        case Phase::OIL:
+            return GuideRateTarget::OIL;
+        case Phase::GAS:
+            return GuideRateTarget::GAS;
+        case Phase::WATER:
+            return GuideRateTarget::WAT;
+        default:
+            throw std::logic_error("Can not convert well preferred phase to GuideRate target phase");
+        }
+    }
+
     return this->guide_rate.guide_phase;
 }
 
diff --git a/tests/test_GuideRate.cpp b/tests/test_GuideRate.cpp
index 8e522589a..36966a85b 100644
--- a/tests/test_GuideRate.cpp
+++ b/tests/test_GuideRate.cpp
@@ -144,6 +144,11 @@ COMPDAT
   P2 2* 1 10 OPEN 1* 1* 0.5 /
   I1 2* 1 10 OPEN 1* 1* 0.5 /
 /
+
+WCONINJE
+  'I1' 'GAS'  'OPEN'  'RATE'  200  1*  450.0 /
+/
+
 )"  };
 
         const auto guiderat = std::string { R"(
@@ -519,6 +524,11 @@ BOOST_AUTO_TEST_CASE(P_Third_df09)
         const auto expect = (wrat / orat) * (0.9*expect_gr_oil_3 + 0.9*0.1*expect_gr_oil_2 + 0.1*0.1*expect_gr_oil_1);
         BOOST_CHECK_CLOSE(grval, expect, 1.0e-5);
     }
+
+    const auto& sched = cse.sched;
+    auto wi = sched.getWell("I1", 0);
+    wi.updateWellGuideRate(true, 1.0, Opm::Well::GuideRateTarget::RAT, 1.0);
+    BOOST_CHECK( wi.getGuideRatePhase() == Opm::Well::GuideRateTarget::GAS );
 }
 
 BOOST_AUTO_TEST_SUITE_END() // GuideRate_Calculations