RUDD DRAW 26-2
RUDD DRAW 26-2 is a Texas gas lease in Loving County, Railroad Commission district 08, operated by Cog Operating LLC. It has 1 wellbore on file with the Commission. Reported production runs from August 2018 to August 2026, totalling 625,004 thousand cubic feet. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $2.4M, with roughly $648K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 1,238 thousand cubic feet a month. Its strongest month on the record we hold was September 2018, at 46,231 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about RUDD DRAW 26-2
- Who operates RUDD DRAW 26-2?
- RUDD DRAW 26-2 is operated by Cog Operating LLC, Railroad Commission of Texas operator number 166150.
- Where is RUDD DRAW 26-2?
- RUDD DRAW 26-2 is a Texas gas lease in Loving County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 291084.
- Is RUDD DRAW 26-2 still producing?
- RUDD DRAW 26-2 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RUDD DRAW 26-2 is August 2026.
- How much has RUDD DRAW 26-2 produced?
- RUDD DRAW 26-2 has reported 625,004 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between August 2018 and August 2026, from 1 wellbore.
- How much is RUDD DRAW 26-2 worth?
- The remaining production from RUDD DRAW 26-2 is estimated to be worth about $2.4M in total as of 27 August 2026, within a range of $2.0M to $2.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RUDD DRAW 26-2 is a fraction of it. The estimate fits an Arps decline curve to the production RUDD DRAW 26-2 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RUDD DRAW 26-2 is an estimate of value, not an offer and not an appraisal.
- How much income does RUDD DRAW 26-2 generate in a year?
- RUDD DRAW 26-2 is forecast to net about $648K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in RUDD DRAW 26-2 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Cog Operating LLC |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Loving County, Texas |
| RRC district | 08 |
| Lease number | 291084 |
| Wellbores | 1 |
| Reported production | 625,004 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.4M |
Where RUDD DRAW 26-2 sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.