BOB MIDKIFF 48-01 0118

BOB MIDKIFF 48-01 0118 is a Texas oil lease in Midland County, Railroad Commission district 08, operated by Xto Energy Inc. It has 2 wellbores on file with the Commission. Reported production runs from October 2018 to August 2026, totalling 763,806 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 $2.9M, with roughly $1.4M 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 1,671 barrels a month, about 835 per wellbore. Its strongest month on the record we hold was November 2018, at 52,352 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 BOB MIDKIFF 48-01 0118

Who operates BOB MIDKIFF 48-01 0118?: BOB MIDKIFF 48-01 0118 is operated by Xto Energy Inc., Railroad Commission of Texas operator number 945936.
Where is BOB MIDKIFF 48-01 0118?: BOB MIDKIFF 48-01 0118 is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 51389.
Is BOB MIDKIFF 48-01 0118 still producing?: BOB MIDKIFF 48-01 0118 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BOB MIDKIFF 48-01 0118 is August 2026.
How much has BOB MIDKIFF 48-01 0118 produced?: BOB MIDKIFF 48-01 0118 has reported 763,806 barrels of oil (bbl) to the Railroad Commission of Texas between October 2018 and August 2026, from 2 wellbores.
How much is BOB MIDKIFF 48-01 0118 worth?: The remaining production from BOB MIDKIFF 48-01 0118 is estimated to be worth about $2.9M in total as of 26 August 2026, within a range of $2.4M to $3.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BOB MIDKIFF 48-01 0118 is a fraction of it. The estimate fits an Arps decline curve to the production BOB MIDKIFF 48-01 0118 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BOB MIDKIFF 48-01 0118 is an estimate of value, not an offer and not an appraisal.
How much income does BOB MIDKIFF 48-01 0118 generate in a year?: BOB MIDKIFF 48-01 0118 is forecast to net about $1.4M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BOB MIDKIFF 48-01 0118 receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

BOB MIDKIFF 48-01 0118 as filed with the Railroad Commission of Texas
Operator	Xto Energy Inc.
Field	Spraberry (Trend Area)
County	Midland County, Texas
RRC district	08
Lease number	51389
Wellbores	2
Reported production	763,806 bbl
First reported	October 2018
Last reported	August 2026
Estimated royalty value	$2.9M

Where BOB MIDKIFF 48-01 0118 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.