SUGG 3067
SUGG 3067 is a Texas oil lease in Irion County, Railroad Commission district 7C, operated by Cog Operating LLC. It has 4 wellbores on file with the Commission. Reported production runs from May 2012 to August 2026, totalling 18,577 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 $634K, with roughly $112K 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 136 barrels a month, about 34 per wellbore. Its strongest month on the record we hold was May 2021, at 686 barrels. 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 3067
- Who operates SUGG 3067?
- SUGG 3067 is operated by Cog Operating LLC, Railroad Commission of Texas operator number 166150.
- Where is SUGG 3067?
- SUGG 3067 is a Texas oil lease in Irion County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 18074.
- Is SUGG 3067 still producing?
- SUGG 3067 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SUGG 3067 is August 2026.
- How much has SUGG 3067 produced?
- SUGG 3067 has reported 18,577 barrels of oil (bbl) to the Railroad Commission of Texas between May 2012 and August 2026, from 4 wellbores.
- How much is SUGG 3067 worth?
- The remaining production from SUGG 3067 is estimated to be worth about $634K in total as of 26 August 2026, within a range of $494K to $773K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SUGG 3067 is a fraction of it. The estimate fits an Arps decline curve to the production SUGG 3067 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SUGG 3067 is an estimate of value, not an offer and not an appraisal.
- How much income does SUGG 3067 generate in a year?
- SUGG 3067 is forecast to net about $112K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SUGG 3067 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Cog Operating LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Irion County, Texas |
| RRC district | 7C |
| Lease number | 18074 |
| Wellbores | 4 |
| Reported production | 18,577 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $634K |
Where SUGG 3067 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.