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Texas oil lease

Producing

LUDEMAN I WC

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

7 wells

67,556bbl oil, last 12 months−10% vs prior year
Operator
Cog Operating LLC
County
Loving County
Field
Phantom (Wolfcamp)
RRC lease
08-49215

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Where it sits

This county

Loving CountyLovingWinklerWardLoving County
Loving County
Gas, last 12 months
109,524 mcf
Oil in Jul 2026
5,992 bbl

Production by month

Oil output fell 10% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 10% over the last 12 monthsMonthly oil production and gas for LUDEMAN I WC, Aug 2023 to Jul 2026. Oil output fell 10% over the last 12 months. 67,556 bbl in the 12 months through Jul 2026, against 74,976 bbl in the 12 months before.Last 12 months: 67,556 bblbbl per monthmcf per month002,5005,0005,00010k7,50015k10k20k12.5k25kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 10% over the last 12 monthsMonthly oil production and gas for LUDEMAN I WC, Aug 2023 to Jul 2026. Oil output fell 10% over the last 12 months. 67,556 bbl in the 12 months through Jul 2026, against 74,976 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002,5005,0005,00010k7,50015k10k20k12.5k25kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

91% of the gas went to a processing plant in the last 12 months

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
91% of the gas went to a processing plant in the last 12 monthsShare of LUDEMAN I WC gas by disposition code each month, Aug 2023 to Jul 2026. 91% of the gas went to a processing plant in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
91% of the gas went to a processing plant in the last 12 monthsShare of LUDEMAN I WC gas by disposition code each month, Aug 2023 to Jul 2026. 91% of the gas went to a processing plant in the last 12 months.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    91% · 99,941 mcf

  • Lease fuel (1)

    8.6% · 9,403 mcf

  • Flared (4)

    0.2% · 180 mcf

0.2% of the gas flared in the last 12 months. No month above 3%.

7 wells on this lease

Wells on LUDEMAN I WC
API numberWell no.Status
42-301-323741501HActive
42-301-324321402HActive
42-301-332461407HShut-in
42-301-332471408HActive
42-301-334411409HActive
42-301-334421410HActive
42-301-334431411HActive

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 Pl Mid-Cont Westtex LLCCasinghead gasGathers100May 16, 2017Jan 22, 2020
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100May 16, 2017Jan 22, 2020
Energy Transfer CompanyOilGathers50May 16, 2017Jan 22, 2020
Western Refining Company, L.p.OilGathers50May 16, 2017Jan 22, 2020

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

Who buys my oilOil price check

480 acres on the newest permit

  • Good to know

    A pooling certificate (P-12) was filed

    Your tract may share its production with neighbors in a pooled unit. The unit acres the operator uses to divide production can differ from the acreage on one permit.

  • Good to know

    The wells on this lease state different acreage

    The permits state between 240 and 640 acres. Use the acres from your own division order for the well you are paid on.

  • Good to know

    7 wells are listed on this lease

    Each well can have its own unit. The decimal for one well does not have to equal the decimal for another.

Check your decimal on this lease
Permits for Ludeman I WC
API numberWell no.Acreson the permit
42-301-324321402H480
42-301-323741501H640
42-301-332471408H240
42-301-334411409H480
42-301-334421410H480
42-301-334431411H480
42-301-332461407H480

SourceRailroad Commission drilling permits, Oct 3, 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 I WC
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20265,9926,29513,74612,51033$80.46$2.89
Jun 20265,4905,36813,33312,17316$84.81$3.15
May 20266,4166,39712,65511,74117$102.13$2.94
Apr 20266,6877,2998,5628,04736$100.32$2.77
Mar 20266,7546,31011,44310,46022$91.38$3.04
Feb 20266,2155,5859,5518,8126$64.51$3.62
Jan 20265,6946,0896,1215,5404$60.04$7.72
Dec 20254,4694,5414,8234,3685$57.97$4.26
Nov 20255,3314,7887,4076,5692$60.06$3.79
Oct 20255,1935,9828,3387,4696$60.89$3.19
Sep 20254,5494,4897,3786,75012$63.96$2.97
Aug 20254,7664,8476,1675,50221$64.86$2.91
Jul 20256,0055,5026,8356,16360$68.39$3.20
Jun 20256,4536,8518,2557,52716$68.17$3.02
May 20256,0385,5485,8175,11138$62.17$3.12
Apr 20255,7795,5121,9561,84218$63.54$3.42
Mar 20255,9586,0233,3733,10010$68.24$4.12
Feb 20255,5695,2613,6423,2835$71.53$4.19
Jan 20255,5245,7333,6313,31410$75.74$4.13
Dec 20245,4825,5746,9446,05131$70.12$3.01
Nov 20246,2166,0597,0526,4102$69.95$2.12
Oct 20246,5486,6806,9736,4116$71.99$2.20
Sep 20248,7888,4959,5608,58929$70.24$2.28
Aug 20246,6167,0186,2566,18139$76.68$1.99
Jul 20245,2035,0084,2094,06115$81.80$2.07
Jun 20247,1697,2066,1955,7695$79.77$2.54
May 20247,1627,209000$80.02$2.12
Apr 20248,3578,3425,4954,9959$85.35$1.60
Mar 20249,00110,0857,7617,07058$81.28$1.49
Feb 20248,8927,79810,2539,36516$77.25$1.72
Jan 20249,3599,4679,0347,807117$74.15$3.18
Dec 20237,2557,0505,9335,1312$71.90$2.52
Nov 20239,4149,8476,0175,64241$77.69$2.71
Oct 202310,25110,58411,62411,51318$85.64$2.98
Sep 20238,8518,0766,6875,719159$89.43$2.64
Aug 202310,57110,5019,1538,76433$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 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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