SUGG E 197-198 (ALLOC-E)
SUGG E 197-198 (ALLOC-E) is a Texas oil lease in Reagan County, Railroad Commission district 7C, operated by Laredo Petroleum, Inc. It has 2 wellbores on file with the Commission. Reported production runs from May 2016 to August 2026, totalling 250,778 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 $52K, with roughly $13K expected over the next twelve months.
| Operator | Laredo Petroleum, Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Reagan County, Texas |
| RRC district | 7C |
| Lease number | 19378 |
| Wellbores | 2 |
| Reported production | 250,778 bbl |
| First reported | May 2016 |
| Last reported | August 2026 |
| Estimated royalty value | $52K |
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.