Sure, I'd be happy to help you understand the ingredients in Obagi Derma Power X Lip Essence. However, please note that the specific formulation can vary, and it's always best to check the product packaging for the most accurate list of ingredients.

1. **Hyaluronic Acid**: This is a powerful humectant that can hold up to 1000 times its weight in water. It helps to hydrate and plump the lips, reducing the appearance of fine lines and wrinkles.

2. **Squalane**: Derived from olives, squalane is a lightweight, non-comedogenic oil that mimics the skin's natural sebum. It helps to moisturize the lips and prevent moisture loss.

3. **Shea Butter**: This is a rich, nourishing butter that is high in fatty acids and vitamins. It helps to soften and condition the lips, making them feel smooth and supple.

4. **Vitamin E**: Known for its antioxidant properties, Vitamin E helps to protect the lips from environmental damage caused by free radicals. It also has moisturizing benefits.

5. **Peptides**: These are short chains of amino acids that can help to stimulate collagen production, improving the firmness and elasticity of the lips.

6. **Ceramides**: These are lipids that help to strengthen the skin's natural barrier, preventing moisture loss and keeping the lips hydrated.

7. **Glycerin**: This is another humectant that helps to draw moisture into the lips, keeping them hydrated and plump.

Remember, the effectiveness of a skincare product doesn't solely depend on its ingredients. The formulation and the concentration of the ingredients also play a crucial role. Always patch test a new product and consult with a dermatologist if you have any concerns.