SUGG 3071 SE
SUGG 3071 SE is a Texas oil lease in Irion County, Railroad Commission district 7C, operated by Cog Operating LLC. It has 2 wellbores on file with the Commission. Reported production runs from July 2012 to August 2026, totalling 37,619 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 $406K, with roughly $74K 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 96 barrels a month, about 48 per wellbore. Its strongest month on the record we hold was April 2021, at 409 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 3071 SE
- Who operates SUGG 3071 SE?
- SUGG 3071 SE is operated by Cog Operating LLC, Railroad Commission of Texas operator number 166150.
- Where is SUGG 3071 SE?
- SUGG 3071 SE is a Texas oil lease in Irion County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 18100.
- Is SUGG 3071 SE still producing?
- SUGG 3071 SE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SUGG 3071 SE is August 2026.
- How much has SUGG 3071 SE produced?
- SUGG 3071 SE has reported 37,619 barrels of oil (bbl) to the Railroad Commission of Texas between July 2012 and August 2026, from 2 wellbores.
- How much is SUGG 3071 SE worth?
- The remaining production from SUGG 3071 SE is estimated to be worth about $406K in total as of 27 August 2026, within a range of $223K to $589K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SUGG 3071 SE is a fraction of it. The estimate fits an Arps decline curve to the production SUGG 3071 SE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SUGG 3071 SE is an estimate of value, not an offer and not an appraisal.
- How much income does SUGG 3071 SE generate in a year?
- SUGG 3071 SE is forecast to net about $74K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SUGG 3071 SE 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 | 18100 |
| Wellbores | 2 |
| Reported production | 37,619 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $406K |
Where SUGG 3071 SE 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.