MineralRecord
Log inSign up

LUDEMAN I

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.

Oil lease lease 49452District 08Field 71052900Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$29.9 M
Dec 2016 – May 2026
Value, last 12 filed months
$1.5 M
at the published price for each month
Months reported
114
no gaps in the span
Streams
2
oil, casinghead 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
OilDisposition467,063 bbl$27,129,784
Casinghead gasProduction869,420 Mcf$2,733,753
Total$29,863,537

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 31.9474, -103.4457. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.94742, -103.44571 · 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
12,477 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 12,477 ft.

Completions filed
Mar 2017
1 of 1 wells

1 well

42-301329761406H12,477 ftMar 2017——

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 (114)

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

114 months

May 20261,6455,672106.413.05$192,320
Apr 20261,8173,75098.932.87$190,517
Mar 20261,42984489.753.15$130,911
Feb 20261,385063.503.75$87,948
Jan 20261,6531,46259.138.00$109,435
Dec 20251,13353856.664.41$66,570
Nov 20251,2123,30558.593.93$83,988
Oct 20251,9151,51259.383.30$118,710
Sep 20251,5141,86662.743.08$100,730
Aug 20251,5843,56263.933.01$112,004
Jul 20251,8174,18866.743.32$135,151
Jun 20251,9203,74466.483.13$139,356
May 20251,7103,68960.553.23$115,465
Apr 20251,6864,59262.363.54$121,409
Mar 20251,4283,62167.704.27$112,131
Feb 20251,2512,55570.884.34$99,762
Jan 20251,5705,02174.324.28$138,166
Dec 20241,23837968.993.12$86,593
Nov 20241,2781,50569.052.20$91,555
Oct 20241,5353,08471.372.28$116,589
Sep 20241,7867,83769.612.36$142,853
Aug 20241,9434,05775.632.06$155,321
Jul 20241,3603,60879.932.15$116,450
Jun 20241,5586,98078.082.63$140,034
May 20241,280078.812.20$100,877
Apr 20241,6324,83684.451.66$145,846
Mar 20241,7982,16680.301.55$147,726
Feb 20241,3682,28076.091.78$108,158
Jan 20241,7161,37773.023.30$129,843
Dec 20231,36625271.262.61$97,999
Nov 20231,8533,90077.892.81$155,280
Oct 20231,9601,63185.443.09$172,498
Sep 20231,6111,73189.042.74$148,178
Aug 20231,9592,04880.522.67$163,213
Jul 20232,0901,10774.852.64$159,361
Jun 20232,1101,68368.962.26$149,307
May 20231,6742,07970.622.23$122,849
Apr 20232,3631,61278.122.24$188,205
Mar 20232,5311,40772.852.39$187,751
Feb 20231,9271,22175.112.47$147,748
Jan 20232,2761,47376.533.39$179,172
Dec 20221,8053,91976.415.73$160,372
Nov 20222,3656,98585.005.65$240,464
Oct 20222,39411,20787.185.86$274,424
Sep 20222,4437,43884.888.16$268,083
Aug 20222,2205,09494.529.13$256,328
Jul 20222,5895,305101.587.54$303,001
Jun 20221,9541,622115.097.98$237,825
May 20222,7115,885109.378.43$346,131
Apr 20222,7034,954104.226.84$315,580
Mar 20222,5795,090108.885.08$306,640
Feb 20222,2823,75491.054.86$226,016
Jan 20222,2924,66581.844.54$208,746
Dec 20212,4332,70171.323.90$184,053
Nov 20212,5164,40977.435.24$217,903
Oct 20212,4734,14879.795.71$221,022
Sep 20212,5288,19569.865.35$220,457
Aug 20212,7476,91866.024.22$210,555
Jul 20212,7995,47170.783.98$219,899
Jun 20212,5299,84269.493.38$209,012
May 20212,7498,71563.483.02$200,806
Apr 20212,22613,31260.362.76$171,081
Mar 20212,79219,83561.302.72$225,040
Feb 20212,7029,16957.805.55$207,045
Jan 20213,4394,95850.412.81$187,293
Dec 20202,8758,87844.642.68$152,093
Nov 20203,3969,68738.772.71$157,881
Oct 20203,5079,29836.972.48$152,698
Sep 20203,22910,09137.091.99$139,855
Aug 20203,49616,12539.982.39$178,230
Jul 20203,61317,14638.371.83$169,924
Jun 20204,10718,25334.901.69$174,188
May 20203,99517,42216.921.81$99,212
Apr 20204,27816,78414.751.80$93,385
Mar 20204,23914,76730.341.86$156,022
Feb 20204,29516,59549.881.98$247,104
Jan 20204,11617,00257.252.09$271,256
Dec 20194,33017,27459.012.30$295,319
Nov 20194,30318,77455.302.75$289,598
Oct 20194,40817,98953.472.42$279,203
Sep 20194,63813,83155.052.66$292,075
Aug 20194,87513,60753.112.30$290,267
Jul 20195,97815,00856.272.46$373,303
Jun 20193,22411,81252.782.49$199,589
May 20192,47514,56058.482.74$184,637
Apr 20193,35210,45562.632.75$238,694
Mar 20192,3412,39456.803.06$140,299
Feb 20191,7371,31150.852.79$91,987
Jan 20192,4602,92746.033.23$122,683
Dec 20185,0145,16346.594.19$255,212
Nov 20186,5125,72152.934.24$368,921
Oct 20187,3716,13761.443.40$473,728
Sep 20187,1896,62659.543.11$448,627
Aug 20187,80610,50459.403.07$495,888
Jul 20188,88511,53265.142.93$612,579
Jun 20189,72611,06960.183.08$619,369
May 20189,11811,79565.382.90$630,350
Apr 20189,65410,88163.842.90$647,875
Mar 20187,2845,00961.222.79$459,886
Feb 20189,6247,89961.782.77$616,420
Jan 201810,45516,90462.874.01$725,079
Dec 201710,07112,23557.272.92$612,511
Nov 20175,4536,07855.423.12$321,159
Oct 201710,77813,66749.292.98$572,026
Sep 20177,52013,94747.523.09$400,409
Aug 20179,49414,58345.373.00$474,556
Jul 201712,1727,29443.873.09$556,504
Jun 201714,38321,43842.493.09$677,319
May 201719,53825,06545.373.26$968,236
Apr 201721,49230,57147.933.21$1,128,293
Mar 201722,58312,91046.772.98$1,094,726
Feb 201716,52318,63750.452.95$888,613
Jan 20170049.413.42$0
Dec 20160048.763.72$0

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
Oil                1,645 bbl  × $106.41 =   $175,044
Casinghead gas     5,672 Mcf  × $  3.05 =    $17,276

────────────────────────────────────────────────────
Month total                                 $192,320

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/49452 is the state's own key, not one this site invented.