LUDEMAN C

LUDEMAN C 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 2015 to August 2026, totalling 295,620 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 $646K, with roughly $182K 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 266 barrels a month. Its strongest month on the record we hold was June 2017, at 6,696 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 C

Who operates LUDEMAN C?
LUDEMAN C is operated by Cog Operating LLC, Railroad Commission of Texas operator number 166150.
Where is LUDEMAN C?
LUDEMAN C is a Texas oil lease in Loving County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 47142.
Is LUDEMAN C still producing?
LUDEMAN C is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LUDEMAN C is August 2026.
How much has LUDEMAN C produced?
LUDEMAN C has reported 295,620 barrels of oil (bbl) to the Railroad Commission of Texas between August 2015 and August 2026, from 1 wellbore.
How much is LUDEMAN C worth?
The remaining production from LUDEMAN C is estimated to be worth about $646K in total as of 26 August 2026, within a range of $504K to $788K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LUDEMAN C is a fraction of it. The estimate fits an Arps decline curve to the production LUDEMAN C has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LUDEMAN C is an estimate of value, not an offer and not an appraisal.
How much income does LUDEMAN C generate in a year?
LUDEMAN C is forecast to net about $182K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LUDEMAN C receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

LUDEMAN C as filed with the Railroad Commission of Texas
OperatorCog Operating LLC
FieldTwo Georges (Bone Spring)
CountyLoving County, Texas
RRC district08
Lease number47142
Wellbores1
Reported production295,620 bbl
First reported
Last reported
Estimated royalty value$646K

Where LUDEMAN C 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.