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LUDEMAN 2512 E

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 292437District 08Field 71052900Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$38.2 M
Oct 2019 – May 2026
Value, last 12 filed months
$3.7 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
CondensateDisposition544,305 bbl$34,862,165
GasProduction1,004,826 Mcf$3,319,206
Total$38,181,370

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 31.9386, -103.4242. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.93858, -103.42417 · 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
12,333 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 12,333 ft.

Completions filed
Oct 2019
1 of 1 wells

1 well

42-301344081201H12,333 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 20263,4175,937106.413.05$381,686
Apr 20263,6836,01698.932.87$381,623
Mar 20263,8456,04289.753.15$364,118
Feb 20263,7896,51863.503.75$265,046
Jan 20264,3946,98059.138.00$315,643
Dec 20254,4369,07056.664.41$291,373
Nov 20254,5286,84258.593.93$292,160
Oct 20254,1716,29959.383.30$268,491
Sep 20254,3527,59062.743.08$296,398
Aug 20254,8975,45663.933.01$329,514
Jul 20254,1476,16066.743.32$297,192
Jun 20252,7433,77566.483.13$194,166
May 20252,3952,32060.553.23$152,516
Apr 20254,1924,73162.363.54$278,176
Mar 20254,8726,67267.704.27$358,313
Feb 20254,2036,29770.884.34$325,243
Jan 20255,0066,83774.324.28$401,299
Dec 20244,9357,94068.993.12$365,249
Nov 20244,7487,86169.052.20$345,131
Oct 20244,6036,38171.372.28$343,074
Sep 20245,1747,20769.612.36$377,202
Aug 20244,1335,73175.632.06$324,405
Jul 20241,5412,19779.932.15$127,888
Jun 20244,6016,52778.082.63$376,438
May 20245,035078.812.20$396,808
Apr 20244,6557,11084.451.66$404,912
Mar 20245,4348,24480.301.55$449,088
Feb 20245,1497,81376.091.78$405,723
Jan 20245,7687,85373.023.30$447,076
Dec 20235,4507,42571.262.61$407,752
Nov 20234,8727,54477.892.81$400,660
Oct 20235,3178,54285.443.09$480,656
Sep 20235,2939,95989.042.74$498,527
Aug 20235,5689,70780.522.67$474,281
Jul 20235,4969,08374.852.64$435,371
Jun 20235,5458,14868.962.26$400,785
May 20235,7288,97470.622.23$424,500
Apr 20235,8148,86978.122.24$474,036
Mar 20235,83310,21172.852.39$449,371
Feb 20235,5389,47875.112.47$439,329
Jan 20236,5069,24076.533.39$529,207
Dec 20225,7559,13276.415.73$492,058
Nov 20226,0109,22085.005.65$562,908
Oct 20226,01010,86487.185.86$587,656
Sep 20226,06111,02284.888.16$604,438
Aug 20226,00210,19194.529.13$660,324
Jul 20225,4858,633101.587.54$622,277
Jun 20224,9178,204115.097.98$631,342
May 20226,79812,170109.378.43$846,127
Apr 20226,84512,547104.226.84$799,177
Mar 20227,33914,197108.885.08$871,140
Feb 20225,61010,99891.054.86$564,228
Jan 20226,18011,47081.844.54$557,818
Dec 20216,92612,78571.323.90$543,813
Nov 20216,82812,85777.435.24$596,022
Oct 20216,85613,60179.795.71$624,755
Sep 20216,74713,96969.865.35$546,092
Aug 20217,39214,94466.024.22$551,092
Jul 20217,03413,91270.783.98$553,265
Jun 20217,05515,07369.493.38$541,208
May 20217,66415,14263.483.02$532,204
Apr 20217,19216,22160.362.76$478,853
Mar 20217,30518,91861.302.72$499,196
Feb 20215,66013,82057.805.55$403,821
Jan 20218,88420,50250.412.81$505,459
Dec 20209,81521,06644.642.68$494,503
Nov 20209,78420,94838.772.71$436,023
Oct 202010,14923,49436.972.48$433,437
Sep 20209,94123,32537.091.99$415,153
Aug 202010,58125,67539.982.39$484,266
Jul 202011,17525,79138.371.83$475,856
Jun 202011,44725,67334.901.69$442,896
May 202012,58527,17816.921.81$262,259
Apr 202013,38223,92914.751.80$240,562
Mar 202013,89718,31830.341.86$455,637
Feb 202013,82732,40549.881.98$753,874
Jan 202015,92836,00957.252.09$987,307
Dec 201918,45639,64759.012.30$1,180,450
Nov 201920,55543,36155.302.75$1,255,965
Oct 201912,42222,02953.472.42$717,482

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         3,417 bbl  × $106.41 =   $363,603
Gas                5,937 Mcf  × $  3.05 =    $18,083

────────────────────────────────────────────────────
Month total                                 $381,686

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/292437 is the state's own key, not one this site invented.