LPI-GLASS 40
LPI-GLASS 40 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 September 2014 to August 2026, totalling 70,359 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 $752K, with roughly $138K 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 174 barrels a month. Its strongest month on the record we hold was March 2020, at 860 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 LPI-GLASS 40
- Who operates LPI-GLASS 40?
- LPI-GLASS 40 is operated by Laredo Petroleum, Inc., Railroad Commission of Texas operator number 486610.
- Where is LPI-GLASS 40?
- LPI-GLASS 40 is a Texas oil lease in Glasscock County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 45880.
- Is LPI-GLASS 40 still producing?
- LPI-GLASS 40 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LPI-GLASS 40 is August 2026.
- How much has LPI-GLASS 40 produced?
- LPI-GLASS 40 has reported 70,359 barrels of oil (bbl) to the Railroad Commission of Texas between September 2014 and August 2026, from 1 wellbore.
- How much is LPI-GLASS 40 worth?
- The remaining production from LPI-GLASS 40 is estimated to be worth about $752K in total as of 27 August 2026, within a range of $587K to $918K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LPI-GLASS 40 is a fraction of it. The estimate fits an Arps decline curve to the production LPI-GLASS 40 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LPI-GLASS 40 is an estimate of value, not an offer and not an appraisal.
- How much income does LPI-GLASS 40 generate in a year?
- LPI-GLASS 40 is forecast to net about $138K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in LPI-GLASS 40 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 | 45880 |
| Wellbores | 1 |
| Reported production | 70,359 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $752K |
Where LPI-GLASS 40 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.