{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-259915","form_type":"8-K","ticker":"HGTXU","cik":"0000862022","company_name":"HUGOTON ROYALTY TRUST","filed_at":"2023-10-20T23:59:59+00:00","discovered_at":"2026-05-14T18:03:32.179703+00:00","generated_at":"2026-06-09T19:22:29.481751+00:00","sec_items":["2.02","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Hugoton Royalty Trust declares no October 2023 cash distribution due to excess costs","bullets":["No October cash distribution; all three conveyances (Kansas, Oklahoma, Wyoming) in excess cost positions.","Cumulative excess costs: Kansas $402K, Oklahoma $6.891M (incl. ~$14.6M Chieftain charge pending), Wyoming $796K.","Arbitration panel ruled up to $14.6M net from Chieftain settlement may be charged as production cost to Oklahoma.","Development costs of $7.2M net charged for three non-operated wells in Major County, Oklahoma.","August production: gas 751,000 Mcf at $3.58/Mcf, oil 12,000 Bbls at $77.47/Bbl."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-259915","json":"https://secwatch.observer/filing/0001193125-23-259915.json","markdown":"https://secwatch.observer/filing/0001193125-23-259915.md","text":"https://secwatch.observer/filing/0001193125-23-259915.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/862022/000119312523259915/0001193125-23-259915-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/862022/000119312523259915/d543315d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T19:22:29.481751+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}