GLASS 218A
GLASS 218A 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 August 2015 to August 2026, totalling 11,174 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 $104K, with roughly $20K 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 29 barrels a month. Its strongest month on the record we hold was June 2016, at 410 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 218A
- Who operates GLASS 218A?
- GLASS 218A is operated by Laredo Petroleum, Inc., Railroad Commission of Texas operator number 486610.
- Where is GLASS 218A?
- GLASS 218A is a Texas oil lease in Glasscock County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 46888.
- Is GLASS 218A still producing?
- GLASS 218A is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GLASS 218A is August 2026.
- How much has GLASS 218A produced?
- GLASS 218A has reported 11,174 barrels of oil (bbl) to the Railroad Commission of Texas between August 2015 and August 2026, from 1 wellbore.
- How much is GLASS 218A worth?
- The remaining production from GLASS 218A is estimated to be worth about $104K in total as of 27 August 2026, within a range of $57K to $151K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GLASS 218A is a fraction of it. The estimate fits an Arps decline curve to the production GLASS 218A has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GLASS 218A is an estimate of value, not an offer and not an appraisal.
- How much income does GLASS 218A generate in a year?
- GLASS 218A is forecast to net about $20K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in GLASS 218A 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 | 46888 |
| Wellbores | 1 |
| Reported production | 11,174 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $104K |
Where GLASS 218A 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.