GLASS 215
GLASS 215 is a Texas oil lease in Glasscock County, Railroad Commission district 08, operated by Laredo Petroleum, Inc. It has 3 wellbores on file with the Commission. Reported production runs from March 2012 to August 2026, totalling 63,359 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 $236K, with roughly $44K 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 61 barrels a month, about 20 per wellbore. Its strongest month on the record we hold was July 2016, at 878 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 GLASS 215
- Who operates GLASS 215?
- GLASS 215 is operated by Laredo Petroleum, Inc., Railroad Commission of Texas operator number 486610.
- Where is GLASS 215?
- GLASS 215 is a Texas oil lease in Glasscock County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 43400.
- Is GLASS 215 still producing?
- GLASS 215 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GLASS 215 is August 2026.
- How much has GLASS 215 produced?
- GLASS 215 has reported 63,359 barrels of oil (bbl) to the Railroad Commission of Texas between March 2012 and August 2026, from 3 wellbores.
- How much is GLASS 215 worth?
- The remaining production from GLASS 215 is estimated to be worth about $236K in total as of 26 August 2026, within a range of $130K to $343K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GLASS 215 is a fraction of it. The estimate fits an Arps decline curve to the production GLASS 215 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GLASS 215 is an estimate of value, not an offer and not an appraisal.
- How much income does GLASS 215 generate in a year?
- GLASS 215 is forecast to net about $44K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GLASS 215 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Laredo Petroleum, Inc. |
|---|---|
| Field | Garden City, S. (Wolfcamp) |
| County | Glasscock County, Texas |
| RRC district | 08 |
| Lease number | 43400 |
| Wellbores | 3 |
| Reported production | 63,359 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $236K |
Where GLASS 215 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.