SUGG B131-132 (ALLOC-B)
SUGG B131-132 (ALLOC-B) is a Texas oil lease in Reagan County, Railroad Commission district 7C, operated by Laredo Petroleum, Inc. It has 1 wellbore on file with the Commission. Reported production runs from June 2014 to August 2026, totalling 158,270 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 $3.3M, with roughly $448K 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 94 barrels a month. Its strongest month on the record we hold was August 2016, at 2,168 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 B131-132 (ALLOC-B)
- Who operates SUGG B131-132 (ALLOC-B)?
- SUGG B131-132 (ALLOC-B) is operated by Laredo Petroleum, Inc., Railroad Commission of Texas operator number 486610.
- Where is SUGG B131-132 (ALLOC-B)?
- SUGG B131-132 (ALLOC-B) is a Texas oil lease in Reagan County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 18703.
- Is SUGG B131-132 (ALLOC-B) still producing?
- SUGG B131-132 (ALLOC-B) is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SUGG B131-132 (ALLOC-B) is August 2026.
- How much has SUGG B131-132 (ALLOC-B) produced?
- SUGG B131-132 (ALLOC-B) has reported 158,270 barrels of oil (bbl) to the Railroad Commission of Texas between June 2014 and August 2026, from 1 wellbore.
- How much is SUGG B131-132 (ALLOC-B) worth?
- The remaining production from SUGG B131-132 (ALLOC-B) is estimated to be worth about $3.3M in total as of 26 August 2026, within a range of $1.8M to $4.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SUGG B131-132 (ALLOC-B) is a fraction of it. The estimate fits an Arps decline curve to the production SUGG B131-132 (ALLOC-B) has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SUGG B131-132 (ALLOC-B) is an estimate of value, not an offer and not an appraisal.
- How much income does SUGG B131-132 (ALLOC-B) generate in a year?
- SUGG B131-132 (ALLOC-B) is forecast to net about $448K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SUGG B131-132 (ALLOC-B) receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Laredo Petroleum, Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Reagan County, Texas |
| RRC district | 7C |
| Lease number | 18703 |
| Wellbores | 1 |
| Reported production | 158,270 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.3M |
Where SUGG B131-132 (ALLOC-B) 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.