SUGG 3060
SUGG 3060 is a Texas oil lease in Irion County, Railroad Commission district 7C, operated by Three Rivers Operating Co LLC. It has 17 wellbores on file with the Commission. Reported production runs from October 2011 to August 2026, totalling 599,509 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 $5.8M, with roughly $2.3M 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 3,515 barrels a month, about 207 per wellbore. Its strongest month on the record we hold was November 2023, at 8,956 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 3060
- Who operates SUGG 3060?
- SUGG 3060 is operated by Three Rivers Operating Co LLC, Railroad Commission of Texas operator number 857758.
- Where is SUGG 3060?
- SUGG 3060 is a Texas oil lease in Irion County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 17746.
- Is SUGG 3060 still producing?
- SUGG 3060 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SUGG 3060 is August 2026.
- How much has SUGG 3060 produced?
- SUGG 3060 has reported 599,509 barrels of oil (bbl) to the Railroad Commission of Texas between October 2011 and August 2026, from 17 wellbores.
- How much is SUGG 3060 worth?
- The remaining production from SUGG 3060 is estimated to be worth about $5.8M in total as of 26 August 2026, within a range of $4.8M to $6.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SUGG 3060 is a fraction of it. The estimate fits an Arps decline curve to the production SUGG 3060 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SUGG 3060 is an estimate of value, not an offer and not an appraisal.
- How much income does SUGG 3060 generate in a year?
- SUGG 3060 is forecast to net about $2.3M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SUGG 3060 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Three Rivers Operating Co LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Irion County, Texas |
| RRC district | 7C |
| Lease number | 17746 |
| Wellbores | 17 |
| Reported production | 599,509 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $5.8M |
Where SUGG 3060 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.