LPI-SQUIRE 45
LPI-SQUIRE 45 is a Texas oil lease in Glasscock County, Railroad Commission district 08, operated by Laredo Petroleum, Inc. It has 1 wellbore on file with the Commission. Reported production runs from December 2013 to August 2026, totalling 22,601 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 $71K, with roughly $13K 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 9 barrels a month. Its strongest month on the record we hold was June 2020, at 327 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 LPI-SQUIRE 45
- Who operates LPI-SQUIRE 45?
- LPI-SQUIRE 45 is operated by Laredo Petroleum, Inc., Railroad Commission of Texas operator number 486610.
- Where is LPI-SQUIRE 45?
- LPI-SQUIRE 45 is a Texas oil lease in Glasscock County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 45121.
- Is LPI-SQUIRE 45 still producing?
- LPI-SQUIRE 45 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LPI-SQUIRE 45 is August 2026.
- How much has LPI-SQUIRE 45 produced?
- LPI-SQUIRE 45 has reported 22,601 barrels of oil (bbl) to the Railroad Commission of Texas between December 2013 and August 2026, from 1 wellbore.
- How much is LPI-SQUIRE 45 worth?
- The remaining production from LPI-SQUIRE 45 is estimated to be worth about $71K in total as of 26 August 2026, within a range of $0 to $141K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LPI-SQUIRE 45 is a fraction of it. The estimate fits an Arps decline curve to the production LPI-SQUIRE 45 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LPI-SQUIRE 45 is an estimate of value, not an offer and not an appraisal.
- How much income does LPI-SQUIRE 45 generate in a year?
- LPI-SQUIRE 45 is forecast to net about $13K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LPI-SQUIRE 45 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 | 45121 |
| Wellbores | 1 |
| Reported production | 22,601 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $71K |
Where LPI-SQUIRE 45 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.