Skip to content
Royalty Clerk

Texas oil lease

Producing

LUDEMAN V

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

Oil lease dossier

62bbl oil, last 12 months−28% vs prior year
Operator
Cog Operating LLC
County
Loving County
Field
Phantom (Wolfcamp)
RRC lease
08-59315

Is your check right?

Check my statement

Where it sits

This county

Loving CountyLovingWinklerWardLoving County
Loving County
Oil in Jul 2026
1 bbl
Reporting since
Mar 2023

Checks stopped on this lease?

  • Sales

    No sales reported for the last 12 months of state data (through Jul 2026).

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

See why checks stop on this lease

Production by month

Oil output fell 28% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 28% over the last 12 monthsMonthly oil production and gas for LUDEMAN V, Aug 2023 to Jul 2026. Oil output fell 28% over the last 12 months. 62 bbl in the 12 months through Jul 2026, against 86 bbl in the 12 months before.Last 12 months: 62 bblbbl per monthmcf per month00505001001,0001501,5002002,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 28% over the last 12 monthsMonthly oil production and gas for LUDEMAN V, Aug 2023 to Jul 2026. Oil output fell 28% over the last 12 months. 62 bbl in the 12 months through Jul 2026, against 86 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00505001001,0001501,5002002,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

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

All of the gas went to a processing plant in the last 12 monthsShare of LUDEMAN V gas by disposition code each month, Aug 2023 to Jul 2026. All 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
All of the gas went to a processing plant in the last 12 monthsShare of LUDEMAN V gas by disposition code each month, Aug 2023 to Jul 2026. All 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.

Wells on this lease

No wells are linked to this lease in our data

Production is still reported at lease level.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Oryx Delaware Oil Transport LLCOilGathers100Mar 1, 2023
Targa Delaware LLCCasinghead gasBuys100Mar 1, 2023
Targa Delaware LLCCasinghead gasGathers100Mar 1, 2023

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

Who buys my oilOil price check

640 acres on the newest permit

  • Worth asking

    A Rule 37 case is listed

    The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.

Check your decimal on this lease
Permits for Ludeman V
API numberWell no.Acreson the permit
42-301-324222104640

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 V
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202610000$80.46$2.89
Jun 202620000$84.81$3.15
May 202680000$102.13$2.94
Apr 2026170000$100.32$2.77
Mar 2026260000$91.38$3.04
Feb 202600000$64.51$3.62
Jan 202610000$60.04$7.72
Dec 202530000$57.97$4.26
Nov 202500000$60.06$3.79
Oct 202520000$60.89$3.19
Sep 202510000$63.96$2.97
Aug 202510000$64.86$2.91
Jul 202520000$68.39$3.20
Jun 202540000$68.17$3.02
May 202510000$62.17$3.12
Apr 202540000$63.54$3.42
Mar 202550000$68.24$4.12
Feb 20251203293290$71.53$4.19
Jan 202519012120$75.74$4.13
Dec 2024160000$70.12$3.01
Nov 202470770$69.95$2.12
Oct 20244020200$71.99$2.20
Sep 2024101971331330$70.24$2.28
Aug 20242056560$76.68$1.99
Jul 20249015150$81.80$2.07
Jun 20242004534530$79.77$2.54
May 2024250000$80.02$2.12
Apr 20244507277270$85.35$1.60
Mar 2024651949999990$81.28$1.49
Feb 20246401,7351,7350$77.25$1.72
Jan 20243401,1801,1800$74.15$3.18
Dec 20235202352350$71.90$2.52
Nov 20231012063163160$77.69$2.71
Oct 2023720880$85.64$2.98
Sep 202310309449440$89.43$2.64
Aug 202314209439430$81.39$2.58

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

How to check your stub against this lease Checks stopped on this lease? See the likely reasons

Do your checks match this lease?

Check my statement

Nearby

This lease belongs to

OperatorCog Operating LLCFieldPhantom (Wolfcamp)CountyLoving County

Cog Operating LLC in Loving County

All Cog Operating LLC leases →

Phantom (Wolfcamp) field

All leases in this field →

New drilling permits in Loving County

Newest in the county: this lease has no coordinates.