SUGG E 197-198 (ALLOC-C)

SUGG E 197-198 (ALLOC-C) is a Texas oil lease in Reagan County, Railroad Commission district 7C, operated by Laredo Petroleum - Dallas, Inc. It has 2 wellbores on file with the Commission. Reported production runs from February 2013 to August 2026, totalling 322,255 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 $2.5M, with roughly $700K 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 648 barrels a month, about 324 per wellbore. Its strongest month on the record we hold was June 2016, at 3,777 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 E 197-198 (ALLOC-C)

Who operates SUGG E 197-198 (ALLOC-C)?: SUGG E 197-198 (ALLOC-C) is operated by Laredo Petroleum - Dallas, Inc., Railroad Commission of Texas operator number 486615.
Where is SUGG E 197-198 (ALLOC-C)?: SUGG E 197-198 (ALLOC-C) is a Texas oil lease in Reagan County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 18638.
Is SUGG E 197-198 (ALLOC-C) still producing?: SUGG E 197-198 (ALLOC-C) is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SUGG E 197-198 (ALLOC-C) is August 2026.
How much has SUGG E 197-198 (ALLOC-C) produced?: SUGG E 197-198 (ALLOC-C) has reported 322,255 barrels of oil (bbl) to the Railroad Commission of Texas between February 2013 and August 2026, from 2 wellbores.
How much is SUGG E 197-198 (ALLOC-C) worth?: The remaining production from SUGG E 197-198 (ALLOC-C) is estimated to be worth about $2.5M in total as of 26 August 2026, within a range of $2.0M to $3.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SUGG E 197-198 (ALLOC-C) is a fraction of it. The estimate fits an Arps decline curve to the production SUGG E 197-198 (ALLOC-C) has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SUGG E 197-198 (ALLOC-C) is an estimate of value, not an offer and not an appraisal.
How much income does SUGG E 197-198 (ALLOC-C) generate in a year?: SUGG E 197-198 (ALLOC-C) is forecast to net about $700K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SUGG E 197-198 (ALLOC-C) receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

SUGG E 197-198 (ALLOC-C) as filed with the Railroad Commission of Texas
Operator	Laredo Petroleum - Dallas, Inc.
Field	Spraberry (Trend Area)
County	Reagan County, Texas
RRC district	7C
Lease number	18638
Wellbores	2
Reported production	322,255 bbl
First reported	February 2013
Last reported	August 2026
Estimated royalty value	$2.5M

Where SUGG E 197-198 (ALLOC-C) sits

Source: Railroad Commission of Texas lease production records, complete through August 2026. Figures on this page were computed on 26 August 2026.

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.