LUDEMAN B
LUDEMAN B is a Texas oil 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 2014 to August 2026, totalling 134,920 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 $258K, with roughly $58K 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 273 barrels a month. Its strongest month on the record we hold was January 2021, at 2,293 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 LUDEMAN B
- Who operates LUDEMAN B?
- LUDEMAN B is operated by Cog Operating LLC, Railroad Commission of Texas operator number 166150.
- Where is LUDEMAN B?
- LUDEMAN B is a Texas oil lease in Loving County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 46424.
- Is LUDEMAN B still producing?
- LUDEMAN B is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LUDEMAN B is August 2026.
- How much has LUDEMAN B produced?
- LUDEMAN B has reported 134,920 barrels of oil (bbl) to the Railroad Commission of Texas between August 2014 and August 2026, from 1 wellbore.
- How much is LUDEMAN B worth?
- The remaining production from LUDEMAN B is estimated to be worth about $258K in total as of 26 August 2026, within a range of $201K to $314K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LUDEMAN B is a fraction of it. The estimate fits an Arps decline curve to the production LUDEMAN B has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LUDEMAN B is an estimate of value, not an offer and not an appraisal.
- How much income does LUDEMAN B generate in a year?
- LUDEMAN B is forecast to net about $58K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LUDEMAN B receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Cog Operating LLC |
|---|---|
| Field | Sandbar (Bone Spring) |
| County | Loving County, Texas |
| RRC district | 08 |
| Lease number | 46424 |
| Wellbores | 1 |
| Reported production | 134,920 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $258K |
Where LUDEMAN B 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.