SUGG STRIP
SUGG STRIP is a Texas oil lease in Irion County, Railroad Commission district 7C, operated by Apache Corporation. It has 4 wellbores on file with the Commission. Reported production runs from February 2013 to August 2026, totalling 409,276 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 $6.0M, with roughly $1.1M 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 861 barrels a month, about 215 per wellbore. Its strongest month on the record we hold was May 2016, at 6,427 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 STRIP
- Who operates SUGG STRIP?
- SUGG STRIP is operated by Apache Corporation, Railroad Commission of Texas operator number 027200.
- Where is SUGG STRIP?
- SUGG STRIP is a Texas oil lease in Irion County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 18259.
- Is SUGG STRIP still producing?
- SUGG STRIP is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SUGG STRIP is August 2026.
- How much has SUGG STRIP produced?
- SUGG STRIP has reported 409,276 barrels of oil (bbl) to the Railroad Commission of Texas between February 2013 and August 2026, from 4 wellbores.
- How much is SUGG STRIP worth?
- The remaining production from SUGG STRIP is estimated to be worth about $6.0M in total as of 27 August 2026, within a range of $4.7M to $7.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SUGG STRIP is a fraction of it. The estimate fits an Arps decline curve to the production SUGG STRIP has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SUGG STRIP is an estimate of value, not an offer and not an appraisal.
- How much income does SUGG STRIP generate in a year?
- SUGG STRIP is forecast to net about $1.1M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SUGG STRIP receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Apache Corporation |
|---|---|
| Field | Lin (Wolfcamp) |
| County | Irion County, Texas |
| RRC district | 7C |
| Lease number | 18259 |
| Wellbores | 4 |
| Reported production | 409,276 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $6.0M |
Where SUGG STRIP 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.