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Equity offering
12 Months Ended
Dec. 31, 2017
Equity [Abstract]  
Equity offerings
Equity offerings
a.   July 2016 Equity Offering
On July 19, 2016, the Company completed the sale of 13,000,000 shares of Laredo's common stock (the "July 2016 Equity Offering") for net proceeds of $136.3 million, after underwriting discounts, commissions and offering expenses. On August 9, 2016, the underwriters exercised their option to purchase an additional 1,950,000 shares of Laredo's common stock, which resulted in net proceeds to the Company of $20.5 million, after underwriting discounts, commissions and offering expenses.
b.   May 2016 Equity Offering
On May 16, 2016, the Company completed the sale of 10,925,000 shares of Laredo's common stock (the "May 2016 Equity Offering") for net proceeds of $119.3 million, after underwriting discounts, commissions and offering expenses.
c.   March 2015 Equity Offering
On March 5, 2015, the Company completed the sale of 69,000,000 shares of Laredo's common stock (the "March 2015 Equity Offering") for net proceeds of $754.2 million, after underwriting discounts, commissions and offering expenses. Entities affiliated with Warburg Pincus LLC purchased 29,800,000 shares in the March 2015 Equity Offering.     
There were no comparative offerings of Laredo's stock during the year ended December 31, 2017.