SUGG 2
SUGG 2 is a Texas oil lease in Irion County, Railroad Commission district 7C, operated by Ares Energy, Ltd. It has 1 wellbore on file with the Commission. Reported production runs from January 2016 to August 2026, totalling 3,854 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 $185K, with roughly $29K 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 19 barrels a month. Its strongest month on the record we hold was June 2017, at 131 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 SUGG 2
- Who operates SUGG 2?
- SUGG 2 is operated by Ares Energy, Ltd., Railroad Commission of Texas operator number 029655.
- Where is SUGG 2?
- SUGG 2 is a Texas oil lease in Irion County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 19255.
- 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 3,854 barrels of oil (bbl) to the Railroad Commission of Texas between January 2016 and August 2026, from 1 wellbore.
- How much is SUGG 2 worth?
- The remaining production from SUGG 2 is estimated to be worth about $185K in total as of 26 August 2026, within a range of $102K to $269K. 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 $29K 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 | Ares Energy, Ltd. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Irion County, Texas |
| RRC district | 7C |
| Lease number | 19255 |
| Wellbores | 1 |
| Reported production | 3,854 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $185K |
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.