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Acquisitions and Divestitures 2014 Acquisitions (Details) (USD $)
12 Months Ended 0 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Jun. 23, 2014
Feb. 25, 2014
acre
Sep. 06, 2013
Jul. 12, 2012
Jun. 11, 2014
Significant Acquisitions and Disposals [Line Items]                
Payments to acquire mineral rights $ 7,305,000us-gaap_PaymentsToAcquireMineralRights $ 0us-gaap_PaymentsToAcquireMineralRights $ 0us-gaap_PaymentsToAcquireMineralRights          
Midland Basin                
Significant Acquisitions and Disposals [Line Items]                
Area of Land (in acres) 8,156us-gaap_AreaOfLand
/ us-gaap_SignificantAcquisitionsAndDisposalsByTransactionAxis
= lpi_MidlandBasinMember
             
Payments to acquire property, plant, and equipment 192,500,000us-gaap_PaymentsToAcquirePropertyPlantAndEquipment
/ us-gaap_SignificantAcquisitionsAndDisposalsByTransactionAxis
= lpi_MidlandBasinMember
             
Proved and Unproved Oil and Natural Gas Properties in Glasscock County Texas                
Significant Acquisitions and Disposals [Line Items]                
Area of Land (in acres)       24us-gaap_AreaOfLand
/ us-gaap_SignificantAcquisitionsAndDisposalsByTransactionAxis
= lpi_ProvedandUnprovedOilandNaturalGasPropertiesinGlasscockCountyTexasMember
278us-gaap_AreaOfLand
/ us-gaap_SignificantAcquisitionsAndDisposalsByTransactionAxis
= lpi_ProvedandUnprovedOilandNaturalGasPropertiesinGlasscockCountyTexasMember
     
Cash consideration       1,800,000us-gaap_PaymentsToAcquireBusinessesGross
/ us-gaap_SignificantAcquisitionsAndDisposalsByTransactionAxis
= lpi_ProvedandUnprovedOilandNaturalGasPropertiesinGlasscockCountyTexasMember
  33,710,000us-gaap_PaymentsToAcquireBusinessesGross
/ us-gaap_SignificantAcquisitionsAndDisposalsByTransactionAxis
= lpi_ProvedandUnprovedOilandNaturalGasPropertiesinGlasscockCountyTexasMember
[1] 20,496,000us-gaap_PaymentsToAcquireBusinessesGross
/ us-gaap_SignificantAcquisitionsAndDisposalsByTransactionAxis
= lpi_ProvedandUnprovedOilandNaturalGasPropertiesinGlasscockCountyTexasMember
 
Payments to acquire mineral rights         7,300,000us-gaap_PaymentsToAcquireMineralRights
/ us-gaap_SignificantAcquisitionsAndDisposalsByTransactionAxis
= lpi_ProvedandUnprovedOilandNaturalGasPropertiesinGlasscockCountyTexasMember
     
Proved and Unproved Oil and Natural Gas Properties in Reagan County Texas                
Significant Acquisitions and Disposals [Line Items]                
Area of Land (in acres)               460us-gaap_AreaOfLand
/ us-gaap_SignificantAcquisitionsAndDisposalsByTransactionAxis
= lpi_ProvedandUnprovedOilandNaturalGasPropertiesinReaganCountyTexasMemberMember
Cash consideration               $ 4,700,000us-gaap_PaymentsToAcquireBusinessesGross
/ us-gaap_SignificantAcquisitionsAndDisposalsByTransactionAxis
= lpi_ProvedandUnprovedOilandNaturalGasPropertiesinReaganCountyTexasMemberMember
[1] The fair value of the acquired assets and liabilities were allocated in the following manner: $9.7 million to evaluated properties, $27.1 million to unevaluated properties, $0.2 million to other assets and $0.2 million to other liabilities.