BIG EL 45-04 C
BIG EL 45-04 C is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Laredo Petroleum, Inc. It has 2 wellbores on file with the Commission. Reported production runs from July 2022 to August 2026, totalling 492,700 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 $7.5M, with roughly $2.3M 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 3,755 barrels a month, about 1,878 per wellbore. Its strongest month on the record we hold was March 2023, at 62,139 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 BIG EL 45-04 C
- Who operates BIG EL 45-04 C?
- BIG EL 45-04 C is operated by Laredo Petroleum, Inc., Railroad Commission of Texas operator number 486610.
- Where is BIG EL 45-04 C?
- BIG EL 45-04 C is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 57675.
- Is BIG EL 45-04 C still producing?
- BIG EL 45-04 C is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BIG EL 45-04 C is August 2026.
- How much has BIG EL 45-04 C produced?
- BIG EL 45-04 C has reported 492,700 barrels of oil (bbl) to the Railroad Commission of Texas between July 2022 and August 2026, from 2 wellbores.
- How much is BIG EL 45-04 C worth?
- The remaining production from BIG EL 45-04 C is estimated to be worth about $7.5M in total as of 27 August 2026, within a range of $6.2M to $8.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BIG EL 45-04 C is a fraction of it. The estimate fits an Arps decline curve to the production BIG EL 45-04 C has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BIG EL 45-04 C is an estimate of value, not an offer and not an appraisal.
- How much income does BIG EL 45-04 C generate in a year?
- BIG EL 45-04 C is forecast to net about $2.3M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BIG EL 45-04 C receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Laredo Petroleum, Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Howard County, Texas |
| RRC district | 08 |
| Lease number | 57675 |
| Wellbores | 2 |
| Reported production | 492,700 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $7.5M |
Where BIG EL 45-04 C 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.