BOB MIDKIFF 37-48 WEST UNIT
BOB MIDKIFF 37-48 WEST UNIT is a Texas oil lease in Midland County, Railroad Commission district 08, operated by Xto Energy Inc. It has 9 wellbores on file with the Commission. Reported production runs from December 2021 to August 2026, totalling 1,585,429 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 $12.0M, with roughly $5.9M 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 9,655 barrels a month, about 1,073 per wellbore. Its strongest month on the record we hold was June 2022, at 127,711 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 37-48 WEST UNIT
- Who operates BOB MIDKIFF 37-48 WEST UNIT?
- BOB MIDKIFF 37-48 WEST UNIT is operated by Xto Energy Inc., Railroad Commission of Texas operator number 945936.
- Where is BOB MIDKIFF 37-48 WEST UNIT?
- BOB MIDKIFF 37-48 WEST UNIT is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 57379.
- Is BOB MIDKIFF 37-48 WEST UNIT still producing?
- BOB MIDKIFF 37-48 WEST UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BOB MIDKIFF 37-48 WEST UNIT is August 2026.
- How much has BOB MIDKIFF 37-48 WEST UNIT produced?
- BOB MIDKIFF 37-48 WEST UNIT has reported 1,585,429 barrels of oil (bbl) to the Railroad Commission of Texas between December 2021 and August 2026, from 9 wellbores.
- How much is BOB MIDKIFF 37-48 WEST UNIT worth?
- The remaining production from BOB MIDKIFF 37-48 WEST UNIT is estimated to be worth about $12.0M in total as of 27 August 2026, within a range of $10.0M to $14.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BOB MIDKIFF 37-48 WEST UNIT is a fraction of it. The estimate fits an Arps decline curve to the production BOB MIDKIFF 37-48 WEST UNIT 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 37-48 WEST UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does BOB MIDKIFF 37-48 WEST UNIT generate in a year?
- BOB MIDKIFF 37-48 WEST UNIT is forecast to net about $5.9M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BOB MIDKIFF 37-48 WEST UNIT 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) |
| County | Midland County, Texas |
| RRC district | 08 |
| Lease number | 57379 |
| Wellbores | 9 |
| Reported production | 1,585,429 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $12.0M |
Where BOB MIDKIFF 37-48 WEST UNIT 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.