Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
SIMPSON BOB R
  2. Issuer Name and Ticker or Trading Symbol
HUGOTON ROYALTY TRUST [HGT]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Dir., CEO & Chair XTO Energy
(Last)
(First)
(Middle)
810 HOUSTON STREET
3. Date of Earliest Transaction (Month/Day/Year)
02/11/2008
(Street)

FORT WORTH, TX 76102
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Units of Beneficial Interest 02/11/2008   P   2,440 A $ 26.1909 702,440 D  
Units of Beneficial Interest 02/11/2008   P   4,975 A $ 26.25 707,415 D  
Units of Beneficial Interest 02/11/2008   P   2,500 A $ 26.2404 709,915 D  
Units of Beneficial Interest 02/11/2008   P   85 A $ 26.39 710,000 D  
Units of Beneficial Interest 02/11/2008   P   2,500 A $ 26.3963 712,500 D  
Units of Beneficial Interest 02/11/2008   P   3,123 A $ 26.4 715,623 D  
Units of Beneficial Interest 02/11/2008   P   2,500 A $ 26.3172 718,123 D  
Units of Beneficial Interest 02/11/2008   P   1,877 A $ 26.3554 720,000 D  
Units of Beneficial Interest 02/11/2008   P   2,500 A $ 26.4412 722,500 D  
Units of Beneficial Interest 02/11/2008   P   5,614 A $ 26.45 728,114 D  
Units of Beneficial Interest 02/11/2008   P   700 A $ 26.47 728,814 D  
Units of Beneficial Interest 02/12/2008   P   1,186 A $ 26.2474 730,000 D  
Units of Beneficial Interest 02/12/2008   P   2,500 A $ 26.276 732,500 D  
Units of Beneficial Interest 02/12/2008   P   2,500 A $ 26.2744 735,000 D  
Units of Beneficial Interest 02/12/2008   P   2,500 A $ 26.248 737,500 D  
Units of Beneficial Interest 02/12/2008   P   175 A $ 26.19 737,675 D  
Units of Beneficial Interest 02/12/2008   P   7,325 A $ 26.25 745,000 D  
Units of Beneficial Interest 02/12/2008   P   2,500 A $ 26.2704 747,500 D  
Units of Beneficial Interest 02/12/2008   P   2,500 A $ 26.272 750,000 D  
Units of Beneficial Interest 02/12/2008   P   2,500 A $ 26.2572 752,500 D  
Units of Beneficial Interest 02/12/2008   P   2,500 A $ 26.2692 755,000 D  
Units of Beneficial Interest 02/12/2008   P   5,000 A $ 26.28 760,000 D  
Units of Beneficial Interest 02/12/2008   P   2,500 A $ 26.3476 762,500 D  
Units of Beneficial Interest 02/12/2008   P   2,500 A $ 26.3352 765,000 D  
Units of Beneficial Interest 02/12/2008   P   5,000 A $ 26.35 770,000 D  
Units of Beneficial Interest 02/12/2008   P   2,500 A $ 26.286 772,500 D  
Units of Beneficial Interest 02/12/2008   P   2,500 A $ 26.2568 775,000 D  
Units of Beneficial Interest 02/12/2008   P   2,500 A $ 26.2768 777,500 D  
Units of Beneficial Interest 02/12/2008   P   2,500 A $ 26.2698 780,000 D  
Units of Beneficial Interest 02/12/2008   P   539 A $ 26.26 780,539 D  

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
SIMPSON BOB R
810 HOUSTON STREET
FORT WORTH, TX 76102
      Dir., CEO & Chair XTO Energy  

Signatures

 Frank G. McDonald, Attorney-in-Fact for Bob R. Simpson   02/13/2008
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
 
Remarks:
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