SUGG FARMAR "38"
SUGG FARMAR "38" is a Texas gas lease in Irion County, Railroad Commission district 7C, operated by Exco Resources, Inc. It has 1 wellbore on file with the Commission. Reported production runs from September 2010 to August 2026, totalling 89,148 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 $35K, with roughly $7K 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 307 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 548 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 FARMAR "38"
- Who operates SUGG FARMAR "38"?
- SUGG FARMAR "38" is operated by Exco Resources, Inc., Railroad Commission of Texas operator number 256931.
- Where is SUGG FARMAR "38"?
- SUGG FARMAR "38" is a Texas gas lease in Irion County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 264971.
- Is SUGG FARMAR "38" still producing?
- SUGG FARMAR "38" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SUGG FARMAR "38" is August 2026.
- How much has SUGG FARMAR "38" produced?
- SUGG FARMAR "38" has reported 89,148 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between September 2010 and August 2026, from 1 wellbore.
- How much is SUGG FARMAR "38" worth?
- The remaining production from SUGG FARMAR "38" is estimated to be worth about $35K in total as of 27 August 2026, within a range of $27K to $42K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SUGG FARMAR "38" is a fraction of it. The estimate fits an Arps decline curve to the production SUGG FARMAR "38" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SUGG FARMAR "38" is an estimate of value, not an offer and not an appraisal.
- How much income does SUGG FARMAR "38" generate in a year?
- SUGG FARMAR "38" is forecast to net about $7K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SUGG FARMAR "38" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Exco Resources, Inc. |
|---|---|
| Field | Sugg Ranch (Canyon) |
| County | Irion County, Texas |
| RRC district | 7C |
| Lease number | 264971 |
| Wellbores | 1 |
| Reported production | 89,148 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $35K |
Where SUGG FARMAR "38" 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.