I used the LDO before on a similar sized PCB.
And it was able to output 100mA at 25V input, so I'm hoping it can supply 130mA on this PCB design
If the board was really similar in size, there’s no way you could dissipate 2W in that LDO and have everything keep working normally. I’m not saying you’re lying, don’t get me wrong, but either that 100mA wasn’t truly a constant 100mA (maybe only 100mA peaks with a much lower average) or, given the small enough thermal mass, the LDO could have been going in and out of thermal shutdown fast enough that it wasn’t noticeable functionally. I’m not sure what ventilation conditions you’re using, if you have good enough forced ventilation that changes the scenario completely, but in still air it would definitely be entering thermal shutdown.
But I don't have a good way of knowing except trying it out, so that's the plan.
(I have no Idea how to calculate thermal performances of PCBs)
I actually developed a tool that you might find useful, it is available (free, online) here:
https://salitronic.com/gerber_analyzer/I started this out a few years ago in my free time as a Gerber viewer but have since been adding analysis features. You can load your Gerber files (package Gerber and NC-drill files in a .zip) and then you can use the 'Thermal' mode, set the parameters and place a heat source anywhere on the board. The tool will then simulate the thermal performance until it reaches energy equilibrium. Please note that this is still a work-in-progress so you should take the actual temperature readings with a pinch (or maybe a bucket) of salt but in general it has been fairly accurate when compared to actual thermographic measurements and definitely if you want to do A/B comparison between different designs it should be useful. Anyway, if you find it useful do let me know, I'd appreciate feedback. Note that the Gerber files remain on your PC, it is fully client side processing - I don't get any data.