SUGG 11
SUGG 11 is a Texas oil lease in Irion County, Railroad Commission district 7C, operated by Keystone Petroleum NM LLC. It has 1 wellbore on file with the Commission. Reported production runs from February 2015 to August 2026, totalling 1,783 barrels. The lease is intermittent. 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 $82K, with roughly $11K 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 3 barrels a month. Its strongest month on the record we hold was November 2018, at 82 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 SUGG 11
- Who operates SUGG 11?
- SUGG 11 is operated by Keystone Petroleum NM LLC, Railroad Commission of Texas operator number 458797.
- Where is SUGG 11?
- SUGG 11 is a Texas oil lease in Irion County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 19151.
- Is SUGG 11 still producing?
- SUGG 11 is intermittent. The most recent month of production reported to the Railroad Commission of Texas for SUGG 11 is August 2026.
- How much has SUGG 11 produced?
- SUGG 11 has reported 1,783 barrels of oil (bbl) to the Railroad Commission of Texas between February 2015 and August 2026, from 1 wellbore.
- How much is SUGG 11 worth?
- The remaining production from SUGG 11 is estimated to be worth about $82K in total as of 26 August 2026, within a range of $0 to $164K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SUGG 11 is a fraction of it. The estimate fits an Arps decline curve to the production SUGG 11 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SUGG 11 is an estimate of value, not an offer and not an appraisal.
- How much income does SUGG 11 generate in a year?
- SUGG 11 is forecast to net about $11K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SUGG 11 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Keystone Petroleum NM LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Irion County, Texas |
| RRC district | 7C |
| Lease number | 19151 |
| Wellbores | 1 |
| Reported production | 1,783 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $82K |
Where SUGG 11 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.