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LUDEMAN 2512 C

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 292434District 08Field 71052900Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$36.6 M
Oct 2019 – May 2026
Value, last 12 filed months
$2.8 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
CondensateDisposition548,275 bbl$34,449,456
GasProduction714,553 Mcf$2,141,070
Total$36,590,525

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 31.9417, -103.4117. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.94171, -103.41169 · 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
12,350 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 12,350 ft.

Completions filed
Oct 2019
1 of 1 wells

1 well

42-301340673H12,350 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 20263,7901,981106.413.05$409,328
Apr 20264,269098.932.87$422,332
Mar 20263,4993,99189.753.15$326,605
Feb 20263,6305,70663.503.75$251,904
Jan 20262,16870159.138.00$133,800
Dec 20252,1512,12756.664.41$131,263
Nov 20252,7893,07758.593.93$175,489
Oct 20253,3834,79859.383.30$216,739
Sep 20252,8602,25562.743.08$186,375
Aug 20252,9311,46163.933.01$191,783
Jul 20252,00762266.743.32$136,009
Jun 20253,3465,79166.483.13$240,561
May 20252,7325,66460.553.23$183,730
Apr 20253,0956,77562.363.54$217,009
Mar 20253,4075,63767.704.27$254,714
Feb 20252,9916,34870.884.34$239,558
Jan 20253,2647,02274.324.28$272,625
Dec 20243,3636,59868.993.12$252,608
Nov 20242,9516,26869.052.20$217,546
Oct 20243,1056,46471.372.28$236,351
Sep 20243,7745,21769.612.36$275,043
Aug 20245,8004,47675.632.06$447,891
Jul 20241,4751,83979.932.15$121,844
Jun 20244,1194,47778.082.63$333,404
May 20244,024078.812.20$317,131
Apr 20243,9275,04884.451.66$340,011
Mar 20244,4195,64880.301.55$363,573
Feb 20243,8635,39876.091.78$303,564
Jan 20244,0185,54273.023.30$311,670
Dec 20234,7585,53171.262.61$353,495
Nov 20234,4545,15477.892.81$361,392
Oct 20234,8235,12885.443.09$427,909
Sep 20234,6043,94989.042.74$420,741
Aug 20234,1103,64280.522.67$340,672
Jul 20234,8303,89374.852.64$371,810
Jun 20234,6124,97868.962.26$329,286
May 20234,7345,44470.622.23$346,441
Apr 20235,3895,43778.122.24$433,155
Mar 20235,7835,28172.852.39$433,930
Feb 20235,5145,04875.112.47$426,603
Jan 20236,4525,56776.533.39$512,631
Dec 20225,3955,03276.415.73$441,061
Nov 20225,8784,93285.005.65$527,477
Oct 20226,3005,09387.185.86$579,098
Sep 20225,8855,47084.888.16$544,174
Aug 20226,8195,79194.529.13$697,387
Jul 20225,8714,551101.587.54$630,700
Jun 20225,3014,469115.097.98$645,742
May 20226,1996,021109.378.43$728,760
Apr 20226,4205,918104.226.84$709,557
Mar 20226,9386,389108.885.08$787,843
Feb 20225,5405,40091.054.86$530,655
Jan 20226,1725,57881.844.54$530,428
Dec 20216,9296,19671.323.90$518,335
Nov 20216,8026,22777.435.24$559,289
Oct 20217,0746,66579.795.71$602,517
Sep 20217,2786,86669.865.35$545,181
Aug 20218,2077,68766.024.22$574,270
Jul 20217,6667,15170.783.98$571,075
Jun 20216,3545,97769.493.38$461,745
May 20217,9284,20163.483.02$515,947
Apr 20218,5125,79060.362.76$529,756
Mar 20218,7436,26061.302.72$552,954
Feb 20216,2445,38057.805.55$390,751
Jan 20219,44713,74850.412.81$514,859
Dec 20209,74814,66344.642.68$474,381
Nov 202010,43114,95138.772.71$444,876
Oct 202010,39115,87936.972.48$423,510
Sep 20209,70615,53937.091.99$390,934
Aug 202011,65918,66539.982.39$510,645
Jul 202012,68619,39938.371.83$522,167
Jun 202012,31516,82034.901.69$458,225
May 202013,62216,27016.921.81$260,010
Apr 202014,74627,79914.751.80$267,663
Mar 202016,35835,80030.341.86$562,755
Feb 202016,49927,47249.881.98$877,383
Jan 202021,05536,24157.252.09$1,281,314
Dec 201925,44847,94159.012.30$1,612,160
Nov 201932,45161,61355.302.75$1,964,019
Oct 201910,04518,72653.472.42$582,396

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         3,790 bbl  × $106.41 =   $403,294
Gas                1,981 Mcf  × $  3.05 =     $6,034

────────────────────────────────────────────────────
Month total                                 $409,328

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/292434 is the state's own key, not one this site invented.