LUDLUM SOUTH UNIT
LUDLUM SOUTH UNIT is a Texas oil lease in Nolan County, Railroad Commission district 7B, operated by Cholla Petroleum, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 2010 to August 2026, totalling 201,630 barrels. 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 $491K, with roughly $95K 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 130 barrels a month. Its strongest month on the record we hold was May 2016, at 1,954 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 LUDLUM SOUTH UNIT
- Who operates LUDLUM SOUTH UNIT?
- LUDLUM SOUTH UNIT is operated by Cholla Petroleum, Inc., Railroad Commission of Texas operator number 150683.
- Where is LUDLUM SOUTH UNIT?
- LUDLUM SOUTH UNIT is a Texas oil lease in Nolan County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 30493.
- Is LUDLUM SOUTH UNIT still producing?
- LUDLUM SOUTH UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LUDLUM SOUTH UNIT is August 2026.
- How much has LUDLUM SOUTH UNIT produced?
- LUDLUM SOUTH UNIT has reported 201,630 barrels of oil (bbl) to the Railroad Commission of Texas between January 2010 and August 2026, from 1 wellbore.
- How much is LUDLUM SOUTH UNIT worth?
- The remaining production from LUDLUM SOUTH UNIT is estimated to be worth about $491K in total as of 26 August 2026, within a range of $383K to $599K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LUDLUM SOUTH UNIT is a fraction of it. The estimate fits an Arps decline curve to the production LUDLUM SOUTH UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LUDLUM SOUTH UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does LUDLUM SOUTH UNIT generate in a year?
- LUDLUM SOUTH UNIT is forecast to net about $95K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LUDLUM SOUTH UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Cholla Petroleum, Inc. |
|---|---|
| Field | Auld (Cisco Sand) |
| County | Nolan County, Texas |
| RRC district | 7B |
| Lease number | 30493 |
| Wellbores | 1 |
| Reported production | 201,630 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $491K |
Where LUDLUM SOUTH UNIT 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.