CHARLES MIDKIFF 38-47 4714
CHARLES MIDKIFF 38-47 4714 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 2019 to August 2026, totalling 257,054 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 $1.7M, with roughly $714K 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 975 barrels a month, about 488 per wellbore. Its strongest month on the record we hold was September 2020, at 21,468 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 CHARLES MIDKIFF 38-47 4714
- Who operates CHARLES MIDKIFF 38-47 4714?
- CHARLES MIDKIFF 38-47 4714 is operated by Xto Energy Inc., Railroad Commission of Texas operator number 945936.
- Where is CHARLES MIDKIFF 38-47 4714?
- CHARLES MIDKIFF 38-47 4714 is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 54090.
- Is CHARLES MIDKIFF 38-47 4714 still producing?
- CHARLES MIDKIFF 38-47 4714 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CHARLES MIDKIFF 38-47 4714 is August 2026.
- How much has CHARLES MIDKIFF 38-47 4714 produced?
- CHARLES MIDKIFF 38-47 4714 has reported 257,054 barrels of oil (bbl) to the Railroad Commission of Texas between October 2019 and August 2026, from 2 wellbores.
- How much is CHARLES MIDKIFF 38-47 4714 worth?
- The remaining production from CHARLES MIDKIFF 38-47 4714 is estimated to be worth about $1.7M in total as of 26 August 2026, within a range of $1.3M to $2.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CHARLES MIDKIFF 38-47 4714 is a fraction of it. The estimate fits an Arps decline curve to the production CHARLES MIDKIFF 38-47 4714 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CHARLES MIDKIFF 38-47 4714 is an estimate of value, not an offer and not an appraisal.
- How much income does CHARLES MIDKIFF 38-47 4714 generate in a year?
- CHARLES MIDKIFF 38-47 4714 is forecast to net about $714K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CHARLES MIDKIFF 38-47 4714 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Xto Energy Inc. |
|---|---|
| Field | Spraberry (Trend Area) R 40 Exc |
| County | Midland County, Texas |
| RRC district | 08 |
| Lease number | 54090 |
| Wellbores | 2 |
| Reported production | 257,054 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.7M |
Where CHARLES MIDKIFF 38-47 4714 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.