MIDKIFF W1D

MIDKIFF W1D is a Texas oil lease in Midland County, Railroad Commission district 08, operated by Pioneer Natural Res. USA, Inc. It has 1 wellbore on file with the Commission. Reported production runs from September 2022 to August 2026, totalling 222,141 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 $124K, with roughly $107K 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 553 barrels a month. Its strongest month on the record we hold was October 2022, at 31,195 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 MIDKIFF W1D

Who operates MIDKIFF W1D?
MIDKIFF W1D is operated by Pioneer Natural Res. USA, Inc., Railroad Commission of Texas operator number 665748.
Where is MIDKIFF W1D?
MIDKIFF W1D is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 58177.
Is MIDKIFF W1D still producing?
MIDKIFF W1D is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MIDKIFF W1D is August 2026.
How much has MIDKIFF W1D produced?
MIDKIFF W1D has reported 222,141 barrels of oil (bbl) to the Railroad Commission of Texas between September 2022 and August 2026, from 1 wellbore.
How much is MIDKIFF W1D worth?
The remaining production from MIDKIFF W1D is estimated to be worth about $124K in total as of 27 August 2026, within a range of $97K to $151K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MIDKIFF W1D is a fraction of it. The estimate fits an Arps decline curve to the production MIDKIFF W1D has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MIDKIFF W1D is an estimate of value, not an offer and not an appraisal.
How much income does MIDKIFF W1D generate in a year?
MIDKIFF W1D is forecast to net about $107K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MIDKIFF W1D receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

MIDKIFF W1D as filed with the Railroad Commission of Texas
OperatorPioneer Natural Res. USA, Inc.
FieldSpraberry (Trend Area)
CountyMidland County, Texas
RRC district08
Lease number58177
Wellbores1
Reported production222,141 bbl
First reported
Last reported
Estimated royalty value$124K

Where MIDKIFF W1D 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.