---
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"
generated_at: "2026-06-09T19:22:29.481751+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Hugoton Royalty Trust declares no October 2023 cash distribution due to excess costs

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-259915
- JSON: https://secwatch.observer/filing/0001193125-23-259915.json
- Plain text: https://secwatch.observer/filing/0001193125-23-259915.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.