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LUDEMAN 2512 B

Operated by COG OPERATING LLC (P-5 166150) in the PHANTOM (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 292433District 08Field 71052900Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$34.4 M
Oct 2019 – May 2026
Value, last 12 filed months
$3.5 M
at the published price for each month
Months reported
80
no gaps in the span
Streams
2
condensate, gas

The PHANTOM (WOLFCAMP) field

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 7,755 leases and 10,539 wells, and the rule below applies to all of them.

Discovered
1983-06-23
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2017-08-01.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: “FOR THE FOLLOWING API 389-37515.”

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
CondensateDisposition443,981 bbl$29,867,069
GasProduction1,207,423 Mcf$4,510,525
Total$34,377,594

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 31.9421, -103.4108. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.94207, -103.41081 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
12,787 ft
1 wells filed one
Completion to plug
—
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 12,787 ft.

Completions filed
Oct 2019
1 of 1 wells

1 well

42-301340662H12,787 ftOct 2019——

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (80)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

80 months

May 20263,8238,002106.413.05$431,178
Apr 20263,7616,89698.932.87$391,865
Mar 20263,6868,13089.753.15$356,423
Feb 20263,4206,86363.503.75$242,908
Jan 20264,0847,85559.138.00$304,311
Dec 20253,9507,34556.664.41$256,223
Nov 20254,1267,79758.593.93$272,357
Oct 20254,6688,01059.383.30$303,658
Sep 20251,6283,06162.743.08$111,559
Aug 20252,3826,06463.933.01$170,563
Jul 20254,53711,62466.743.32$341,335
Jun 20254,5099,54866.483.13$329,631
May 20254,2978,52260.553.23$287,729
Apr 20254,31910,41562.363.54$306,234
Mar 20254,62210,57667.704.27$358,051
Feb 20254,1398,87570.884.34$331,897
Jan 20254,9429,49674.324.28$407,920
Dec 20244,8389,54668.993.12$363,570
Nov 20245,13011,60369.052.20$379,735
Oct 20245,43212,43771.372.28$416,056
Sep 20245,26711,44869.612.36$393,703
Aug 20244,3819,52575.632.06$350,991
Jul 20241,4524,28279.932.15$125,250
Jun 20244,71812,85678.082.63$402,244
May 20245,291078.812.20$416,984
Apr 20244,72411,64184.451.66$418,257
Mar 20245,60912,60180.301.55$469,873
Feb 20244,4689,71376.091.78$357,295
Jan 20244,2328,30773.023.30$336,414
Dec 20233,1636,25371.262.61$241,720
Nov 202313813177.892.81$11,117
Oct 202364560085.443.09$56,961
Sep 20235,28812,35789.042.74$504,640
Aug 20235,44511,48980.522.67$469,140
Jul 20235,16211,71374.852.64$417,319
Jun 20235,45911,84468.962.26$403,202
May 20235,50913,27570.622.23$418,614
Apr 20235,59914,12478.122.24$469,000
Mar 20235,00715,17772.852.39$401,081
Feb 20234,72317,20575.112.47$397,167
Jan 20236,74519,12576.533.39$580,985
Dec 20225,07518,18276.415.73$491,947
Nov 20225,79419,56885.005.65$602,975
Oct 20226,48421,54187.185.86$691,586
Sep 20227,26924,60284.888.16$817,836
Aug 20226,78720,96994.529.13$832,895
Jul 20223,52613,615101.587.54$460,857
Jun 20226,13222,446115.097.98$884,788
May 20227,65129,354109.378.43$1,084,333
Apr 20227,70926,550104.226.84$984,970
Mar 20221,8486,646108.885.08$234,948
Feb 20222,4588,89591.054.86$267,020
Jan 20224,78717,85481.844.54$472,784
Dec 20215,32120,20871.323.90$458,287
Nov 20215,21520,24777.435.24$509,828
Oct 20215,34021,01079.795.71$546,127
Sep 20215,31321,20169.865.35$484,611
Aug 20215,67823,61466.024.22$474,527
Jul 20215,46821,90270.783.98$474,241
Jun 20216,86725,13369.493.38$562,153
May 20217,00320,48563.483.02$506,367
Apr 20216,11021,43360.362.76$427,921
Mar 20217,20028,31361.302.72$518,285
Feb 20217,04513,65557.805.55$482,958
Jan 20216,25617,63150.412.81$364,913
Dec 20207,18821,83244.642.68$379,283
Nov 20208,62622,72638.772.71$395,940
Oct 202010,05525,61336.972.48$435,213
Sep 20209,94626,85537.091.99$422,367
Aug 202010,51230,59139.982.39$493,232
Jul 20209,92328,81638.371.83$433,338
Jun 20203,0188,30234.901.69$119,361
May 20200016.921.81$0
Apr 2020233014.751.80$3,437
Mar 202010,88227,74630.341.86$381,663
Feb 202011,09931,10549.881.98$615,227
Jan 202014,28528,60457.252.09$877,734
Dec 201916,58639,25159.012.30$1,069,188
Nov 201915,32837,07355.302.75$949,615
Oct 20192,6467,52453.472.42$159,679

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

May 2026 — as filed, then multipliedworked
Condensate         3,823 bbl  × $106.41 =   $406,805
Gas                8,002 Mcf  × $  3.05 =    $24,373

────────────────────────────────────────────────────
Month total                                 $431,178

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 08/G/292433 is the state's own key, not one this site invented.