SUGG "2"
SUGG "2" is a Texas gas lease in Irion County, Railroad Commission district 7C, operated by TXP, Incorporated. It has 1 wellbore on file with the Commission. Reported production runs from December 2006 to August 2026, totalling 339,733 thousand cubic feet. 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 $75K, with roughly $14K 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 430 thousand cubic feet a month. Its strongest month on the record we hold was July 2021, at 761 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 22% 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 "2"
- Who operates SUGG "2"?
- SUGG "2" is operated by TXP, Incorporated, Railroad Commission of Texas operator number 875395.
- Where is SUGG "2"?
- SUGG "2" is a Texas gas lease in Irion County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 224052.
- Is SUGG "2" still producing?
- SUGG "2" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SUGG "2" is August 2026.
- How much has SUGG "2" produced?
- SUGG "2" has reported 339,733 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between December 2006 and August 2026, from 1 wellbore.
- How much is SUGG "2" worth?
- The remaining production from SUGG "2" is estimated to be worth about $75K in total as of 26 August 2026, within a range of $58K to $91K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SUGG "2" is a fraction of it. The estimate fits an Arps decline curve to the production SUGG "2" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SUGG "2" is an estimate of value, not an offer and not an appraisal.
- How much income does SUGG "2" generate in a year?
- SUGG "2" is forecast to net about $14K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SUGG "2" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | TXP, Incorporated |
|---|---|
| Field | Sugg Ranch (Canyon) |
| County | Irion County, Texas |
| RRC district | 7C |
| Lease number | 224052 |
| Wellbores | 1 |
| Reported production | 339,733 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $75K |
Where SUGG "2" 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.