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Texas oil lease

Producing

LUDEMAN B 2525

Ludeman B 2525 is an oil lease in Loving County, Texas, operated by Cog Operating LLC in the Phantom (Wolfcamp) field.

1 well

25,907bbl oil, last 12 months−5% vs prior year
Operator
Cog Operating LLC
County
Loving County
Field
Phantom (Wolfcamp)
RRC lease
08-52628

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Where it sits

This county

Loving CountyLovingWinklerWardLoving County
Loving County
Gas, last 12 months
44,834 mcf
Oil in Jul 2026
2,291 bbl

Production by month

Oil output fell 5% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 5% over the last 12 monthsMonthly oil production and gas for LUDEMAN B 2525, Aug 2023 to Jul 2026. Oil output fell 5% over the last 12 months. 25,907 bbl in the 12 months through Jul 2026, against 27,211 bbl in the 12 months before.Last 12 months: 25,907 bblbbl per monthmcf per month001,0002,0002,0004,0003,0006,0004,0008,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 5% over the last 12 monthsMonthly oil production and gas for LUDEMAN B 2525, Aug 2023 to Jul 2026. Oil output fell 5% over the last 12 months. 25,907 bbl in the 12 months through Jul 2026, against 27,211 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001,0002,0002,0004,0003,0006,0004,0008,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

74% of the gas went to a processing plant in the last 12 months

Flaring peaked at 6.4% of the gas in Feb 2026.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
74% of the gas went to a processing plant in the last 12 monthsShare of LUDEMAN B 2525 gas by disposition code each month, Aug 2023 to Jul 2026. 74% of the gas went to a processing plant in the last 12 months. Flaring peaked at 6.4% of the gas in Feb 2026.Share of the lease’s gas by disposition code, per month0%50%100%Flared 6.4%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
74% of the gas went to a processing plant in the last 12 monthsShare of LUDEMAN B 2525 gas by disposition code each month, Aug 2023 to Jul 2026. 74% of the gas went to a processing plant in the last 12 months. Flaring peaked at 6.4% of the gas in Feb 2026.Share of gas by disposition code0%50%100%Flared 6.4%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    74% · 33,056 mcf

  • Lease fuel (1)

    25% · 11,284 mcf

  • Flared (4)

    1.1% · 494 mcf

1.1% of the gas flared in the last 12 months. 2 months above 3%.

1 well on this lease

Wells on LUDEMAN B 2525
API numberWell no.Status
42-301-339212HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Oryx Delaware Oil Transport LLCOilGathers50Mar 1, 2024–
Plains Marketing, L.p.OilGathers50Mar 1, 2024–
Targa Delaware LLCCasinghead gasBuys100Jan 22, 2020–
Targa Delaware LLCCasinghead gasGathers100Jan 22, 2020–
Oryx Delaware Oil Transport LLCOilGathers100Jan 22, 2020Mar 1, 2024
Targa Delaware LLCCasinghead gasGathers100Mar 19, 2019Jan 22, 2020
Energy Transfer CompanyCasinghead gasBuys100Mar 19, 2019Jan 22, 2020
Targa Delaware LLCOilGathers90Mar 19, 2019Jan 22, 2020
Western Refining Company, L.p.OilGathers10Mar 19, 2019Jan 22, 2020

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

Who buys my oilOil price check

320.10 acres on the newest permit

An allocation well is on this lease

Permits for Ludeman B 2525
API numberWell no.Acreson the permit
42-301-339212H320.10

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

Unit decimal checker

What ConocoPhillips told investors it received

Cog Operating LLC is linked to ConocoPhillips (COP).
Realized prices reported by ConocoPhillips
QuarterOil$ per bblFiling
Q2 2026$99.40SEC filing
Q1 2026$73.47SEC filing
Q3 2025$66.13SEC filing
Q2 2025$64.23SEC filing
Q1 2025$71.65SEC filing
Q3 2024$76.77SEC filing

SourceConocoPhillips quarterly reports, SEC EDGAR, company-wide averages before hedging.

Estimate your royalty

36 months, newest first

Ledger for LUDEMAN B 2525
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20262,2912,4074,4773,5160$80.46$2.89
Jun 20261,4101,9732,3871,4570$84.81$3.15
May 20261,8961,2573,6802,537182$102.13$2.94
Apr 20261,8352,3223,8472,89423$100.32$2.77
Mar 20261,8681,2563,6632,64953$91.38$3.04
Feb 20263,4613,4023,6192,551231$64.51$3.62
Jan 20262,2651,7573,4412,4773$60.04$7.72
Dec 20252,3982,7164,1773,2142$57.97$4.26
Nov 20252,0681,7693,4082,4780$60.06$3.79
Oct 20252,2402,9584,1963,2350$60.89$3.19
Sep 20252,1512,2824,0073,0770$63.96$2.97
Aug 20252,0241,7483,9322,9710$64.86$2.91
Jul 20252,3392,0794,0783,1170$68.39$3.20
Jun 20251,9691,7353,2092,26811$68.17$3.02
May 20252,0991,8893,8612,88812$62.17$3.12
Apr 20252,1612,7003,6022,64923$63.54$3.42
Mar 20252,1551,8293,9713,0100$68.24$4.12
Feb 20252,0412,1913,8192,93547$71.53$4.19
Jan 20252,7032,6504,2673,26046$75.74$4.13
Dec 20242,4322,4414,5623,6010$70.12$3.01
Nov 20242,3082,1763,8692,9390$69.95$2.12
Oct 20242,4032,7274,8753,9131$71.99$2.20
Sep 20241,6731,8743,5842,6540$70.24$2.28
Aug 20242,9282,5907,0566,0950$76.68$1.99
Jul 20242,7382,6495,9064,9450$81.80$2.07
Jun 20242,8942,6405,8934,9630$79.77$2.54
May 20242,5772,806000$80.02$2.12
Apr 20241,8172,2945,0744,1440$85.35$1.60
Mar 20242,1231,5765,1234,1620$81.28$1.49
Feb 20243,1503,2254,6603,7610$77.25$1.72
Jan 20241,6261,5483,0032,0420$74.15$3.18
Dec 20232,9283,0605,6324,6629$71.90$2.52
Nov 20232,5562,4756,1915,2610$77.69$2.71
Oct 20232,5252,5527,5726,6110$85.64$2.98
Sep 20234784672,6281,68414$89.43$2.64
Aug 20232,5992,9655,6414,66515$81.39$2.58

Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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Nearby

This lease belongs to

OperatorCog Operating LLCFieldPhantom (Wolfcamp)CountyLoving County

Cog Operating LLC in Loving County

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Phantom (Wolfcamp) field

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