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Hugoton Royalty Trust Message Board

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  • rrb1981 rrb1981 Nov 20, 2012 8:11 PM Flag

    Drilling

    I fully understand the enduring nature of the trusts. The point is, the Hugoton production has been in steady decline for the past 7 or 8 yrs. Capex would need to increase significantly to arrest the decline and reverse it.

    At current pricing, you can expect to collect around $.05-$.06/unit/month.

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    • I did not mean to be condescending, I just wanted to emphasize that. I don't have any projections in front of me as I'm traveling, but I believe your numbers reflect the settlement which will reverse next year when the 28mm has been paid off. Your numbers would be accurate on a lt basis if they lose te chieftain lawsuit. Good luck

 
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