SUGG E 197-198 (ALLOC-C)
SUGG E 197-198 (ALLOC-C) is a Texas oil lease in Reagan County, Railroad Commission district 7C, operated by Laredo Petroleum - Dallas, Inc. It has 2 wellbores on file with the Commission. Reported production runs from February 2013 to August 2026, totalling 322,255 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $60K, with roughly $16K expected over the next twelve months.
| Operator | Laredo Petroleum - Dallas, Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Reagan County, Texas |
| RRC district | 7C |
| Lease number | 18638 |
| Wellbores | 2 |
| Reported production | 322,255 bbl |
| First reported | February 2013 |
| Last reported | August 2026 |
| Estimated royalty value | $60K |
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal.