SUGG "E"

SUGG "E" is a Texas oil lease in Tom Green County, Railroad Commission district 7C, operated by Independence Resources Mgmt, Llc. It has 42 wellbores on file with the Commission. Reported production runs from October 2019 to August 2026, totalling 9,100 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 $9K, with roughly $1K expected over the next twelve months.

OperatorIndependence Resources Mgmt, Llc
FieldSpraberry (Trend Area)
CountyTom Green County, Texas
RRC district7C
Lease number20441
Wellbores42
Reported production9,100 bbl
First reportedOctober 2019
Last reportedAugust 2026
Estimated royalty value$9K

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.