LPI-AGNELL 32-29 (ALLOC-H)

LPI-AGNELL 32-29 (ALLOC-H) 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 2019 to August 2026, totalling 279,915 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 $4.3M, with roughly $947K 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 1,420 barrels a month. Its strongest month on the record we hold was February 2020, at 20,152 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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-AGNELL 32-29 (ALLOC-H)

Who operates LPI-AGNELL 32-29 (ALLOC-H)?: LPI-AGNELL 32-29 (ALLOC-H) is operated by Laredo Petroleum, Inc., Railroad Commission of Texas operator number 486610.
Where is LPI-AGNELL 32-29 (ALLOC-H)?: LPI-AGNELL 32-29 (ALLOC-H) is a Texas oil lease in Glasscock County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 53461.
Is LPI-AGNELL 32-29 (ALLOC-H) still producing?: LPI-AGNELL 32-29 (ALLOC-H) is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LPI-AGNELL 32-29 (ALLOC-H) is August 2026.
How much has LPI-AGNELL 32-29 (ALLOC-H) produced?: LPI-AGNELL 32-29 (ALLOC-H) has reported 279,915 barrels of oil (bbl) to the Railroad Commission of Texas between December 2019 and August 2026, from 1 wellbore.
How much is LPI-AGNELL 32-29 (ALLOC-H) worth?: The remaining production from LPI-AGNELL 32-29 (ALLOC-H) is estimated to be worth about $4.3M in total as of 27 August 2026, within a range of $3.6M to $5.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LPI-AGNELL 32-29 (ALLOC-H) is a fraction of it. The estimate fits an Arps decline curve to the production LPI-AGNELL 32-29 (ALLOC-H) has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LPI-AGNELL 32-29 (ALLOC-H) is an estimate of value, not an offer and not an appraisal.
How much income does LPI-AGNELL 32-29 (ALLOC-H) generate in a year?: LPI-AGNELL 32-29 (ALLOC-H) is forecast to net about $947K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in LPI-AGNELL 32-29 (ALLOC-H) receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

LPI-AGNELL 32-29 (ALLOC-H) as filed with the Railroad Commission of Texas
Operator	Laredo Petroleum, Inc.
Field	Garden City, S. (Wolfcamp)
County	Glasscock County, Texas
RRC district	08
Lease number	53461
Wellbores	1
Reported production	279,915 bbl
First reported	December 2019
Last reported	August 2026
Estimated royalty value	$4.3M

Where LPI-AGNELL 32-29 (ALLOC-H) sits

Source: Railroad Commission of Texas lease production records, complete through August 2026. Figures on this page were computed on 27 August 2026.

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.