LUDEMAN I

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

Oil lease lease 46851District 08Field 80544500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$7.1 M
Jul 2015 – Feb 2020
Value, last 12 filed months
$66 k
at the published price for each month
Months reported
56
no gaps in the span
Streams
2
oil, casinghead gas

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 1,654 leases and 2,003 wells, and the rule below applies to all of them.

Discovered
2010-09-15
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 2015-08-25.

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: DKT08-0319479 ORDER NUNC PRO TUNC REGARDING SWR13

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
OilDisposition146,045 bbl$6,393,858
Casinghead gasProduction252,891 Mcf$681,580
Total$7,075,437

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 31.9490, -103.4365. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.94905, -103.43655 · 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
100.0%
1 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
10,588 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
1100.0%
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.
00.0%

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 10,588 ft.

Completions filed
Jul 2015
1 of 1 wells

1 well

42-301324321402H10,588 ftJul 2015Yes

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 (56)

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

56 months

Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20191,11495656.803.06$66,203
Feb 20199811,54550.852.79$54,198
Jan 20199801,77146.033.23$50,827
Dec 201843344346.594.19$22,028
Nov 201842026152.934.24$23,337
Oct 20181,2581,31561.443.40$81,760
Sep 20181,2021,96159.543.11$77,662
Aug 20181,2461,24359.403.07$77,824
Jul 20181,2252,06665.142.93$85,854
Jun 20181,1312,37060.183.08$75,356
May 20181,2826,02365.382.90$101,289
Apr 20181,2838,32363.842.90$106,050
Mar 20181,5543,25461.222.79$104,204
Feb 20181,4043,92561.782.77$97,596
Jan 20181,5825,49262.874.01$121,480
Dec 20171,7694,69557.272.92$115,027
Nov 20171,9693,34255.423.12$119,544
Oct 20171,3082,71849.292.98$72,581
Sep 20171,6301,71347.523.09$82,746
Aug 20179155445.373.00$41,676
Jul 20171,57273743.873.09$71,239
Jun 20171,4781,99042.493.09$68,944
May 20172,0892,64645.373.26$103,413
Apr 20171,9284,76147.933.21$107,699
Mar 201714,56214,51446.772.98$724,370
Feb 20172,2113,38550.452.95$121,540
Jan 20173,68114249.413.42$182,364
Dec 201603248.763.72$119
Nov 2016071342.492.64$1,885
Oct 20163,3586,49646.193.09$175,180
Sep 20162,7548,48041.553.10$140,722
Aug 20163,2537,96441.442.92$158,094
Jul 20164,0557,21641.622.92$189,871
Jun 20163,6588,08145.352.69$187,594
May 20164,1213,92842.521.99$183,046
Apr 20164,3711,56836.561.99$162,926
Mar 20164,19210,27333.011.79$156,808
Feb 20165,15910,24126.472.06$157,692
Jan 20164,83113,04827.352.36$162,978
Dec 20156,80814,38732.362.00$249,101
Nov 20157,43617,59338.792.17$326,572
Oct 201512,75814,95043.552.43$591,888
Sep 201512,60516,55042.992.76$587,541
Aug 201512,06823,06440.162.87$550,902
Jul 20152,4116,66248.152.95$135,710

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.

Mar 2019 — as filed, then multipliedworked
Oil                1,114 bbl  × $ 56.80 =    $63,275
Casinghead gas       956 Mcf  × $  3.06 =     $2,927

────────────────────────────────────────────────────
Month total                                  $66,203

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/O/46851 is the state's own key, not one this site invented.