FARMAR-SUGG 22
FARMAR-SUGG 22 is a Texas oil lease in Irion County, Railroad Commission district 7C, operated by Core Petro, LLC. It has 13 wellbores on file with the Commission. Reported production runs from April 2021 to August 2026, totalling 7,003 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $77K, with roughly $15K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 59 barrels a month, about 5 per wellbore. Its strongest month on the record we hold was January 2024, at 296 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about FARMAR-SUGG 22
- Who operates FARMAR-SUGG 22?
- FARMAR-SUGG 22 is operated by Core Petro, LLC, Railroad Commission of Texas operator number 178386.
- Where is FARMAR-SUGG 22?
- FARMAR-SUGG 22 is a Texas oil lease in Irion County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 21289.
- Is FARMAR-SUGG 22 still producing?
- FARMAR-SUGG 22 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FARMAR-SUGG 22 is August 2026.
- How much has FARMAR-SUGG 22 produced?
- FARMAR-SUGG 22 has reported 7,003 barrels of oil (bbl) to the Railroad Commission of Texas between April 2021 and August 2026, from 13 wellbores.
- How much is FARMAR-SUGG 22 worth?
- The remaining production from FARMAR-SUGG 22 is estimated to be worth about $77K in total as of 26 August 2026, within a range of $42K to $112K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FARMAR-SUGG 22 is a fraction of it. The estimate fits an Arps decline curve to the production FARMAR-SUGG 22 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FARMAR-SUGG 22 is an estimate of value, not an offer and not an appraisal.
- How much income does FARMAR-SUGG 22 generate in a year?
- FARMAR-SUGG 22 is forecast to net about $15K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in FARMAR-SUGG 22 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Core Petro, LLC |
|---|---|
| Field | Rock Pen (Clearfork) |
| County | Irion County, Texas |
| RRC district | 7C |
| Lease number | 21289 |
| Wellbores | 13 |
| Reported production | 7,003 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $77K |
Where FARMAR-SUGG 22 sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
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. How this estimate is calculated.