PASSOW 25-24 (ALLOC-B)

PASSOW 25-24 (ALLOC-B) is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Laredo Petroleum, Inc. It has 1 wellbore on file with the Commission. Reported production runs from April 2020 to August 2026, totalling 224,025 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 $3.1M, with roughly $1.0M 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 1,406 barrels a month. Its strongest month on the record we hold was January 2021, at 20,671 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 PASSOW 25-24 (ALLOC-B)

Who operates PASSOW 25-24 (ALLOC-B)?: PASSOW 25-24 (ALLOC-B) is operated by Laredo Petroleum, Inc., Railroad Commission of Texas operator number 486610.
Where is PASSOW 25-24 (ALLOC-B)?: PASSOW 25-24 (ALLOC-B) is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 54865.
Is PASSOW 25-24 (ALLOC-B) still producing?: PASSOW 25-24 (ALLOC-B) is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PASSOW 25-24 (ALLOC-B) is August 2026.
How much has PASSOW 25-24 (ALLOC-B) produced?: PASSOW 25-24 (ALLOC-B) has reported 224,025 barrels of oil (bbl) to the Railroad Commission of Texas between April 2020 and August 2026, from 1 wellbore.
How much is PASSOW 25-24 (ALLOC-B) worth?: The remaining production from PASSOW 25-24 (ALLOC-B) is estimated to be worth about $3.1M in total as of 26 August 2026, within a range of $2.6M to $3.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PASSOW 25-24 (ALLOC-B) is a fraction of it. The estimate fits an Arps decline curve to the production PASSOW 25-24 (ALLOC-B) has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PASSOW 25-24 (ALLOC-B) is an estimate of value, not an offer and not an appraisal.
How much income does PASSOW 25-24 (ALLOC-B) generate in a year?: PASSOW 25-24 (ALLOC-B) is forecast to net about $1.0M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PASSOW 25-24 (ALLOC-B) receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

PASSOW 25-24 (ALLOC-B) as filed with the Railroad Commission of Texas
Operator	Laredo Petroleum, Inc.
Field	Spraberry (Trend Area)
County	Howard County, Texas
RRC district	08
Lease number	54865
Wellbores	1
Reported production	224,025 bbl
First reported	April 2020
Last reported	August 2026
Estimated royalty value	$3.1M

Where PASSOW 25-24 (ALLOC-B) sits

Source: Railroad Commission of Texas lease production records, complete through August 2026. Figures on this page were computed on 26 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.